Vermont Stoves Company (VSC) owns special intellectual property it uses to make its “SuperStoves” for sale in the United States. It wants to license its technology to

By admin / April 8, 2019

Vermont Stoves Company (VSC) owns special intellectual property it uses to make its “SuperStoves” for sale in the United States. It wants to license its technology to a Mexican-based manufacturer under a standard license agreement, which it has never done before. It wants a fee up-front from the Mexican company and an ongoing 15% royalty on all sales of SuperStoves in Mexico. What are the special concerns of VSC it should seek to deal with in the license terms? What are the special risks VSC should seek to deal with in the license terms?

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