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

Recording of a 90-minute CLE webinar with Q&A


Conducted on Thursday, August 24, 2017

Recorded event now available

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Program Materials

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.

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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

Pedersen, Luke
Luke K. Pedersen

Partner
Baker Botts

Mr. Pedersen's practice includes all aspects of intellectual property law, with a particular emphasis on technology...  |  Read More

Wilson, Andrew
Andrew Wilson, Esq.

Baker Botts

Mr. Wilson works on a range of intellectual property matters, including patent prosecution and client counseling, due...  |  Read More

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Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

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