Patent Cross-Licensing Agreement Sample

Some companies file patent applications primarily to be able to cross-license the resulting patents rather than trying to prevent a competitor from bringing a product to market. [5] In the early 1990s, for example, Taiwanese original design manufacturers, such as Hon Hai, rapidly increased their patent applications after their U.S. competitors filed an infringement lawsuit against them. [6] They used patents to buy licenses. Patent pools are also subject to regulatory scrutiny to ensure that they do not reduce competition in an unfair situation or undermine incentives for innovation. Pools, mainly consisting of replacement patents (i.e. directly competitive), have increased potential to stifle competition, while utility model and complementary design pools are seen as more likely to increase efficiency and benefit consumers. So what can be bad about all these cross-licensing benefits? Here are some of the disadvantages that should be taken into account by companies considering receiving an ip-cross license: 10.7 Global Agreement; Amendment. This Agreement (including the list above) and other transaction documents and offer documents constitute the entire and complete agreement between the parties with respect to the subject matter of the Contract and supersede all prior communications, assurances, understandings and agreements between the parties regarding such matter, whether oral or written; However, provided that the rights, licenses and immunities granted to the parties in such prior agreements survive the performance of this Agreement and other transaction documents and offer documents to the extent and in accordance with the terms of the Cancellation Agreement (including Section 3.6). This Agreement may only be modified or supplemented by a written act signed by authorized legal representatives of both parties and, if AMD`s total interest is greater than 10% (10%), AMD.