HTP Graphics

Licensing-2014

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The Licence – the Basics Section 5 Figure 3 "Purpose" You can limit the licence to a particular 'purpose'. For example, if the licensee is only interested in using your technology for the purposes of manufacturing a certain Product – specify that the licence is granted "solely for the purposes of manufacturing Product X". If the licensee wants to develop the IP further and also manufacture Product X – specify that the licence is granted "for the purposes of further research and the manufacture of Product X". "Territory" "Field of Use" If necessary you can also limit the licence to a specific territory. For example, if the licensee only needs to use the IP in the UK – specify this. This will mean that you could, if you wanted to, license the same IP to others for use in countries outside the UK. Do not use generic terms such as "Europe" as that will create a debate about whether countries, such as Turkey, are in or out of Europe. If you want to define your Territory as the European Union specify it is the EU as at the date of the licence – other countries may join subsequently. It may be appropriate to limit the licence to a particular field of use. For example, if the licensee is using your IP only for research in the field of aeronautical research – specify that this is the case. Again, this will offer you the freedom, should you want to, to license the same IP to others in other fields of research, such as medical devices. 29

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