Quiz #4 (Final) Prep

Know the difference between licensor, licensee, and patentee

Know the common IP licensing contract clauses and their purposes.

Know European law regarding licensing

oTerritorial restrictions in licenses are less likely to be enforceable in EU than US.

oPassive or unsolicited sales by licensees in other territories must be allowed.

oEU provides a sui generis protection for databases that are the result of a substantial investment.

Where in U.S. licensing law found?

What are Gray market goods or parallel imports?

Difference between gray market goods versus counterfeited goods

Know about the Paris and Berne Conventions; what they apply to and what they provide

Direct versus contributory versus inducement infringement

What is a hybrid license?

Exclusive versus non-exclusive license

Use of another's IP even with consent requires payment of compensation

What are momentum royalties?