Chuck Brodsky DC | Drafting Robust Licensing Agreements

A strong licensing agreement is the foundation for protecting IP when licensing coating technologies as pointed out by professionals like Charles Brodsky (DC). The agreement should be comprehensive, clearly outlining the scope of use, restrictions, and obligations of both parties. This includes defining the specific rights to be granted, such as the ability to manufacture, sell, or distribute the technology.

Furthermore, the agreement must address the protection of trade secrets, non-compete clauses, and the handling of improvements or modifications made to the technology during the license period. Including clear terms on confidentiality and how any infringements will be handled is also essential. Companies should ensure that any sublicensing rights are carefully controlled to prevent third parties from accessing proprietary information without authorization.