Client’s intellectual property license updated to deal with new commercial structure

Our client had an intellectual property licensing agreement in place with a US licensee. The client had recently agreed new commercial terms with the licensee and wanted the agreement updated to reflect the new commercial agreement. The commercial agreement was built on a volume discount basis rather than a simple proportion and also changed the scope of territories captured by the licence. We prepared a deed of variation, updating the original license to deal with the new commercial structure whilst ensuring that the complex provisions of the original license remained in place.

How can we help?

    Start now, get in touch