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A competent broker should be able to explain to the inventor or patent owner the spectrum of values that may be assessed to a patent depending on the situation or motivation of the buyer in the market. In addition, in bringing buyers and sellers together, an intellectual property broker may provide any or all of the following services: [1]
A contingent contract is an agreement that states which actions under certain conditions will result in specific outcomes. [1] Contingent contracts usually occur when negotiating parties fail to reach an agreement. The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions ...
In patent law, a patent pool is a consortium of two or more companies agreeing to cross-license patents relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money, and, in case of blocking patents, it may also be the only reasonable method for making the invention available to the public ...
Reasonable and non-discriminatory (RAND) terms, also known as fair, reasonable, and non-discriminatory (FRAND) terms, denote a voluntary licensing commitment that standards organizations often request from the owner of an intellectual property right (usually a patent) that is, or may become, essential to practice a technical standard. [1]
As of June 2019, the UTSA has been adopted by all states except New York and North Carolina (but its law is very similar and seems to borrow heavily from the act ). On May 2, 2013, Texas enacted Senate Bill 953, [4] becoming the 47th state to adopt the UTSA. [5] The Texas statute took effect on September 1, 2013. [5]
The brigade provides operational contracting support to United States Army Central (USARCENT) as the Lead Contract Service throughout Southwest Asia. The brigade prepares and coordinates support plans, provides oversight, assessment, policy and acquisition authority to assigned contingency contracting organizations and contracting assets ...
— $100,000 in expenses for relocating to North Carolina; — Bonuses for between $150,000 for winning eight regular-season games to $350,000 for winning 12 regular-season games;
The following year, he expanded the company's scope to include development services and relocated operations from Maryland to North Carolina. July 1985: Fred Eshelman, Pharm.D., founds PPD as a one-person consulting firm based in his home in Maryland. 1986: Eshelman expands the company and relocates operations to Wilmington, North Carolina.