How to Build Collaboratively with Licensing Agreements

IP attorney Nancy Delain shares her thoughts on a long-term licensing agreement that doesn’t meet the need. She gives guidance on exclusivity, terms, royalties, and “void for vagueness” claims.
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[@firstime]

What is a normal royalty rate for a furniture product? is there a flat fee charged beside the royalty rate to ensure minimum payment guaranteed. Thanks

[@thomasjhawley709]

Commenting on this particular license agreement is like shooting fish in a barrel.

[@finch4336]

Indeed. I also note that the royalties portion of the license has way too few defined terms. What is gross and collected? Definitely what you had in mind as the licensor! What is the portfolio of related products? Much narrow than you had imagined. And on and on...

[@layla7116]

PЯӨMӨƧM

[@msshakib282]

Vxxx