2.1.1. Use of the franchised mark: the main condition for the use of the franchised mark is that the franchisee be able to use the franchisor`s mark under the terms of the franchise agreement. Please note that the agreement must specify that this is a limited-use license granted to the licensee, which does not result in a transfer of ownership. In addition, with respect to the franchisor`s business activity, the franchisee is not entitled to a mark other than the one that it is authorized to use under the franchise agreement. 5.1. Flat payments: Intellectual property rights may be granted for a lump sum payment if the recipient can pay a certain amount of money in the manner prescribed by the agreement. This amount can be paid either as a one-time payment or in increments. 1.3. Digital distribution of copyrighted works: songs, films or other copyrighted content can be disseminated and communicated to the public via a multitude of digital platforms. Today, ott platforms like Netflix, Prime Video etc. are the most popular.
Typically, these entities either enter into an exclusive license with the content owner for a specified period of time and for a given area. Because these entities are able to geo-block content, they can benefit from zone-specific licenses for different titles. Therefore, a TV series available in the United States of America on the X OTT service may be available on Y OTT Service in India. As a general rule, these entities do not aim for the full transfer of the title, but are limited to a fixed-term licence. Question 15: Please provide any additional information that may provide a useful perspective on the IP aspects of the contract. For example, relevant contractual definitions; Conditions of transmission to third parties, etc. Most intellectual property rights can be transferred, including patents, trademarks, copyrights, registered or unregistered designs. Disclosure rights and confidential information are not property rights and cannot be transferred as such, but there may be situations in which the purchaser requires disclosure of confidential documents as part of the transmission.
iii. It should be noted that the integration agreement does not result in the transfer of intellectual property and that each party retains its intellectual property rights. However, a limited right to use the tool and API will be allowed to the other party for the duration of the agreement. If a new product is created, both parties jointly hold rights to the IP address. i. This agreement must stipulate that the licensee remains the owner of the trademark and that this agreement does not result in a transfer of ownership. The timing of this agreement should provide details of what will be made available and transferred as part of the transfer. It is important to be concise and to state precisely which intellectual property rights are being transferred.
If possible, you should use registration numbers and add any samples that refer to work and equipment. 5.2. Charges: Against the fees granted, the assignee or the licensee may also demand payment of royalties. Royalties generally represent a portion of the revenue generated by the use/use of THE IP rights granted. i. Agreements must include a timetable specifying the timing of delivery of printing and material to the platform, as well as the technical specifications of these materials. For trademarks: a transfer is a transfer of ownership of a trademark application or trademark registration from one entity to another.