Negotiating Technology Transfer and Licensing Agreements: Structuring Key Provisions, Avoiding Drafting Pitfalls

A live 90-minute CLE webinar with interactive Q&A


Thursday, August 24, 2017
1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, July 28, 2017


This CLE webinar will provide guidance to business and technology counsel for drafting technology transfer and licensing agreements. The panel will discuss key clauses in the contracts and best practices for negotiating the agreements and avoiding common pitfalls.

Description

Companies increasingly rely on new and improved technology to remain competitive, drive operational efficiencies and increase profits. Often businesses acquire rights in such technology from a third party via an agreement that governs the use of certain intellectual property rights that are embodied in or otherwise used by this technology, or that may be implicated through the use of this technology. While technology transfers present financial opportunities for both parties, they involve legal risk, such as the potential for IP infringement or the failure of related services to provide the expected value.

Strategically negotiated technology transfer and licensing agreements can help minimize the risks inherent in technology transfers. Counsel should include provisions that define the particular IP rights being licensed or sold, protection of any rights that the owner or licensor will retain, ownership of any jointly developed IP, rights to improvements, indemnification obligations, obligations to assert retained rights, limitations on liability, and other key clauses in the agreements to establish each party’s rights and obligations and minimize the potential for future disputes. To the extent that related services will be provided in connection with the technology transfer or license (e.g., maintenance services), counsel should include provisions that ensure that the expected quality of services are delivered.

By understanding the critical elements to include in agreements—and the common pitfalls—technology and business counsel can effectively draft and negotiate an agreement in their clients’ best interests.

Listen as our authoritative panel examines technology transfer and licensing agreements, including standard clauses and common pitfalls. The panel will offer best practices for structuring the agreements to protect client interests.

Outline

  1. Key provisions in technology transfer and licensing agreements
  2. Potential pitfalls with technology transfer and licensing agreements
  3. Resolving common negotiation disputes
  4. Key considerations for cross-border technology transfers

Benefits

The panel will review these and other key issues:

  • What are the key provisions to include in technology transfer and licensing agreements?
  • What are the critical steps to minimize the risk of IP infringement with technology transfers?
  • What can be done to ensure that adequate rights are received and that any related services are performed in the expected manner?
  • What strategies can be used to resolve commonly disputed issues during the negotiation of technology transfer and licensing agreements?

Faculty

Luke K. Pedersen, Partner
Baker Botts, Washington, D.C.

Mr. Pedersen's practice includes all aspects of intellectual property law, with a particular emphasis on technology transfers, licensing, patent prosecution and litigation involving complex and emerging technologies. He regularly drafts and negotiates technology transfer agreements pertaining to ownership rights in and to intellectual property in the context of M&A transactions and licensing programs. He is a frequent lecturer on software related topics including the legal implications of cloud computing, software-as-a-service and open source software.

Andrew Wilson, Esq.
Baker Botts, Washington, D.C.

Mr. Wilson works on a range of intellectual property matters, including patent prosecution and client counseling, due diligence investigations and transactional issues, patent litigation, and post-grant proceedings. His transactional practice includes pre-acquisition analysis of target software platforms for modules associated with restrictive licenses and identification and compliance with identified commercial and open source licenses. Mr. Wilson previously worked as a software engineer for over five years specializing in desktop and web application development.


Live Webinar

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This webinar is eligible for at least 1.5 general CLE credits.

CLE credits are not available for PR.

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Includes Special Savings of $250.00 (through 07/28/17)


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Business Contracts and Franchise Advisory Board

Vincent R. Martorana

Assistant General Counsel

KPMG

Charles (C. J.) Schoenwetter

Partner

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Davis Wright Tremaine

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