Licensing compensation

When drawing up a contract, some model clauses can help avoid making costly mistakes. This paper addresses model clauses regarding licensing compensations.

Model clauses on licensing compensations

Bracquené created a paper that addresses model clauses regarding licensing compensation. This includes both compensation in the form of royalties and the payment of these royalties in various forms as well as useful definitions. 

This paper provides model clauses on the following:

  • compensation
  • accounts, records and payment
  • audit of accounts
  • licensee's improvements

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