Licensing & Assignment

  1. Intellectual property rights are independent assets that can be sold (assigned) or licensed to third parties.  This not only includes patents, trademarks and designs, but also non-registered rights such as copyrighted works, know-how, confidential information and trade secrets.
     
  2. In view of the potential value of intellectual property rights, it is advisable to sell or license such rights under cover of proper legal agreements.  An assignment of or license in respect of registered intellectual property rights (i.e. patents, trademarks and/or designs) should be recorded on the official records at the South African Patents and Trademarks Office.
     
  3. Please be aware that when South African intellectual property rights are assigned or licensed to foreign entities, the South African Exchange Control Authorities must approve the agreement before it is signed.
     
  4. We can assist you with the following intellectual property agreements, tailored to your particular industry (non-exhaustive list) –
  • Confidential Disclosure agreements
  • Licensing
  • Assignments (sale agreements)
  • Joint Development and Strategic Alliance agreements
  • Research and Development agreements
  • Manufacturing, Supply and Distribution agreements
  • Software Development and Licensing agreements

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