Patent and Technology Licensing
Pitch.law · Commercial, NJ · Today
LegalFull-time
Patent and Technology Licensing
Licence and transfer patents, software and know-how with terms that scale and protect value. Turn research investment into revenue and partnerships without giving up ownership of the underlying technology.
- Scope: Define the field of use, the territory, whether it is exclusive or non-exclusive, and whether the licensee can sublicense.
- Commercial terms: The royalty model, minimum commitments, reporting and audit rights, and milestones that trigger payments.
- Improvements and derivatives: Agreement must say who owns improvements and who may use them.
- Confidentiality and protection of know-how: Reverse-engineering restrictions and security obligations matter as much as the formal grant.
- Ownership of improvements: Specified in the contract.
- Royalty structure: Commonly as a percentage of net sales, sometimes with minimum annual commitments, upfront fees or milestone payments.
- Audit and reporting rights: Back the royalty up to verify what is owed.
- Tax implications: Income from qualifying IP may fall within the Belgian innovation income deduction.
Background
The background sits in the Knowledge Base on structuring licensing agreements, and the drafting runs through our Contract Studio and Clause Library technology.
How we help
We choose the right structure, value and protect the technology, draft and negotiate the terms, and coordinate the licensing position with patent strategy and tax so the deal captures full value rather than leaking it through loose drafting.
Frequently Asked Questions
- Should we license or sell our technology? It depends on your goals. Licensing keeps ownership and creates a recurring revenue stream while letting others commercialise the technology; a sale realises value now but gives up future upside.
- Who owns improvements made during the licence? Whoever the contract specifies.
- How are royalties usually structured? Commonly as a percentage of net sales, sometimes with minimum annual commitments, upfront fees or milestone payments.
- Can licence income reduce our tax? It can. Income from qualifying IP may fall within the Belgian innovation income deduction.
Benefits
- Precisely defined field, territory and exclusivity.
- Ownership of improvements settled in advance.
- Know-how and confidentiality protected, not just the patent.
- Royalty, milestone and audit terms that hold up.
- Licensing and tax position coordinated for full value.
Contact Us
To get in touch, contact us via WhatsApp, email, or follow us on LinkedIn, YouTube, and Instagram.