Kartushyn Partners - DRAFTING OF AGREEMENTS IN THE FIELD OF IP

LICENSING

A license agreement is an agreement between the owner of an intellectual property item (licensor) and another person/entity who is authorized to use such item (licensee) in exchange for the specified fee (royalty).

Such a mechanism enables you to conduct business in your home country or in another country by others under your control.

ADVANTAGES FOR LICENSOR

You, as the owner of an IP item, can expand your business beyond your partners' business and secure a constant additional income while retaining control over the IP item.

ADVANTAGES FOR LICENSEE

As a licensee, your company may produce, sell, import, export, distribute or market various goods and services using an IP item which does not belong to you.

IS REGISTRATION OF A LICENSE AGREEMENTTHE MANDATORY IN UKRAINE?

As a licensee, your company may produce, sell, import, export, distribute or market various goods and services using an IP item which does not belong to you.

LICENSE AGREEMENT REGISTRATION PERIOD

Period of registration of a license agreement is 2.5-3 months.

Special attention has to be paid to license agreements under which royalties are to be paid in the future, as there are many nuances that nave be taken into account in such agreements in order to successfully pay under them.

TRANSFER OF RIGHTS TO IP ITEMS

An agreement on transfer of rights to intellectual property is a way of legal registration of the transfer of exclusive property rights to an IP item to another person.

It has to be noted that such agreements are subject to mandatory state registration with subsequent making changes to the relevant state registry as to the person owning the object of the right of ownership.

WHO REGISTERS AGREEMENTS ON TRANSFER OF RIGHTS TO IP?

The State Service of Intellectual Property of Ukraine registers agreements on transfer of rights to intellectual property.

PERIOD OF REGISTRATION OF AN AGREEMENT ON TRANSFER OF RIGHTS TO IP

Period of registration of an agreement on transfer of rights to ip is 2-2.5 months.

SOFTWARE DEVELOPMENT AGREEMENTS

Today, a topical issue is the way to regulate relationships between the client (entity or natural person) and the programmer (developer), the person who creates software to order.

Who will own property rights to the software created by the programmer and to what extent? Can a programmer use part of the software to their advantage? What rights does the programmer have? How to document the transfer of rights to the software to the client?

The list of questions in this case is quite long, and in order to give answers to them and to regulate relationships between the client and the developer, it is necessary, at the initial stage of the work, to include all the nuances for further work in the software development agreement.

SERVICES