Companies from all industry sectors are increasingly spending millions of dollars procuring new software and other technology from high tech companies. These high tech companies usually only give a license to the user of the technology and the license normally places significant limits on the scope of that use.
This seminar will help executives from both the high tech company (the licensor) and the company using the software or other technology (the licensee) better understand the key issues associated with these licensing transactions.
In addition, both the licensor and the licensee are increasingly trying to determine the appropriate way to place a monetary value on the technology in question. These valuations are important not only for licensing transactions, but also for purposes of obtaining financing and for corporate valuations. This seminar will help attendees learn how technology should be appropriately valued for these varying business purposes.
Frank Curci will discuss the key legal issues associated with licensing technology, including:
- The scope of the license grant
- Identifying the exact licensee
- Licensee's minimum levels of performance (milestones)
- Royalty payments
- Ownership of improvements
- IP representations and warranties
Ron Epperson will discuss financial and business considerations of licensing technology, including:
- How licensing compares to alternative IP value creation strategies
- Valuation of the technology covered in a license
- Determination of royalty rates
- Running royalties versus up front or milestone payments
- Due diligence and enforcement of license terms after closing
Advance registration is appreciated.
Call 602.495.2711 to RSVP or for more information.
NOTE: This seminar qualifies for 1 hour of CPE. The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirements. This activity may qualify for up to 1 hour toward your annual CLE requirement for the State of Arizona.