Methods For Intellectual Property Transactions
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United States of America Patent
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N/A
Issued Date -
Jan 22, 2009
app pub date -
Jul 16, 2008
filing date -
Jul 18, 2007
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method for transacting intellectual property includes the steps of licensing an IP right corresponding to an IP asset to a licensee according to an agreement; receiving a payment from the licensee for the IP right according to terms of the agreement; and if a call or put option provision in the agreement is exercised, then receiving payment of the strike price and transferring ownership of the IP asset to the licensee. The call option provision provides the licensee the right to purchase the IP asset at a predetermined strike price within a specified time period. The put option provision provides the IP owner a right to sell the IP asset at a predetermined strike price.
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