Any input on licensing agreements would be appreciated. In
particular, I would like to know if any of you has had experience in
this area, successful or otherwise.
Would an attorney be essential or highly recommended or is there some
kind of consultant for this kind of thing so that an attorney would be
needed only in the execution of a contract?
I have been looking on the web and find only some rather general
Concerning royalty options, what might be the pros or cons of
choosing a fixed amount per unit sold or a percentage of selling price
vs. including a provision for payment of a specified minimum royalty
regardless of sales volume the licensee actually generates?
How to get accurate monthly or quarterly reports of sales and have
access to licensee’s books for verification?
I think I understand most of the exclusive / non-exclusive issues but
wonder if anyone has made what they thought was a good decision in
this regard and had it come back to haunt them?
I don’t even know what all I should be asking. Can anyone suggest
references for helpful
Thanks in advance, and again, Hanuman, thank you for this outstanding
Pam Chott Song of the Phoenix