What Legal Considerations Should Be Taken into Account?
Several legal considerations are crucial when drafting and negotiating licensing agreements:
1. Patent Validity: Ensuring that the patents involved are valid and enforceable. 2. Freedom to Operate: Confirming that the licensee has the freedom to operate without infringing on third-party rights. 3. Jurisdiction: Specifying the legal jurisdiction that governs the agreement. 4. Compliance: Ensuring compliance with antitrust and competition laws.
