Transfer of intellectual property

Intellectual property transfer agreements are essential documents ensuring that a company’s intellectual property is properly transferred.  

In this type of agreement, it is important to define, with the competent assistance of lawyers, the terms of the transfer, including the terms of payment of compensation or a one-off royalty, the geographical areas in which the intellectual property is transferred, the procedure for the transfer of the intellectual property before the public authorities, and a number of other crucial details.  

The Prevence team will advise you on the intricacies of the assignment, prepare a detailed legal analysis and represent you during negotiations in order to obtain the most favourable terms.

The Prevence team advises clients on the drafting of licensing agreements, helping them to choose the type of licence e.g. exclusive licences, non-exclusive licences: where the owner grants the same or similar rights to several licensees, sole licences: where the owner of intellectual property cannot license to others. 

We will help you identify and draft all the necessary terms and conditions, including the scope and duration of the rights, and represent you in negotiations with the licensee. 

In order to successfully franchise your brand, it is essential to have trusted legal partners who will help you define the franchise rights in the agreement. 

Drawing from previous experience, we can assure that it is common to see situations where not sufficiently detailed franchise agreements lead to problems, because they fail to adequately cover initial franchise fees, ongoing royalties, and any other recurring contributions, or because they do not clearly define the obligations related to marketing efforts or the quality standards mandated by the brand owner. 

Prevence advises clients on all aspects of franchising, analyses existing contracts, and represents clients in negotiations or disputes.