NEGOTIATIONS AND LICENSING

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NEGOTIATIONS AND LICENSING by Mind Map: NEGOTIATIONS AND LICENSING

1. Royalties

2. Minimum Royalty

3. Licence option

4. THE TERMS

5. Resetting Minimum Royalties

6. Heads of Agreement – Licence

7. Right of first refusal:

8. Scope of licence:

9. Exclusivity

10. Liability

11. Warranty on licensed patents

12. Ownership of IP