Author: Anonymous

For an IP license to be legally valid and enforceable in Russia it must:

A _________________ in a licensee agreement will often prohibit the use of know-how or confidential information after the license comes to an end:

Regional Patents can be obtained at

Under European Union law, a license may prohibit the licensee from making unsolicited or passive sales to buyers outside the licensee’s territory.

In determining a royalty payment, the use of gross sales is generally favorable to the licensee, while net sales favor the licensor.

The “best efforts clause:

The Berne Convention provides international patent protection.

A licensing agreement in which the licensor retains the right to license within the licensed territory to other third parties is known as a:

Choose the most appropriate (specific) term from the dropdown menu for the term provided.

Parallel imports are often referred to as the black market problem.