If there is a need to transfer the right to the intellectual property object, an agreement on the transfer of property rights is drawn up. This document is also used when the object is contributed to the company’s charter capital or when the intellectual property object is developed by order.
If it is necessary to grant the right to use the intellectual property object, a license agreement is concluded. The licensee (the person who received the license) has the opportunity to use the intellectual property object for the period of time set by the parties.
The procedure for transfer of rights and licensing of intellectual property objects is individual in each country. Everything depends on the object, the initial registration procedure and the country itself.
Elbi’s lawyers, based on great successful experience and professionalism, provide a full range of services with regard to drafting transfer agreements and licensing agreements for the use of intellectual property.