Licensing Agreements

Licensing the right to use a product, software, patent or copyright is a lucrative business.

Located in Peachtree City, Lindsey & Lacy, PC, helps inventors, entrepreneurs and businesses throughout Georgia capitalize on their investments through licensing agreements.

If your product, idea or work is copyrighted, patented or trademarked, licensing agreements can bestow some of those protected rights on the licensee. Even if your product is not patented, copyrighted or trademarked, you can still sell the right to use your product.

Licensing Software, Products And Other Types Of Sales & License Agreements

Developing a new product or software involves large up-front investments and hours of research and development. Once a product is complete, many businesses recoup investment costs and generate income through licensing agreements.

As the owner of a product, you have many Sales & License Agreements rights. Chief among them is the ability to restrict who uses or benefits from your product. Licensing agreements grant individuals and businesses the right to use a product, such as software, for a limited period of time or for a limited purpose in exchange for a fee.

At Lindsey & Lacy, PC, we draft licensing agreements that help our clients capitalize on their investments, while protecting their long-term Sales & License Agreements rights.

Protecting Your Long-Term Interests

When drafting a license agreement, many factors must be evaluated. The value of the rights being licensed must be determined, and many specific provisions regarding duration, exclusivity, sublicensing and use must be included.

At Lindsey & Lacy, PC, our attorneys draft ironclad license agreements that protect our clients' long-term financial interests. Every license we draft contains specific provisions to protect our clients' Sales & License Agreements rights while allowing them to capitalize on their inventions. Common provisions include:

  • Duration
  • Terms of use
  • Pricing
  • Royalties
  • Exclusivity
  • Warranties
  • Damages waivers
  • Repair and replacement
  • Indemnity
  • Termination

For assistance with software licensing, contact the Peachtree City lawyers of the Lindsey & Lacy, PC, at 770-486-8445 .