A licensing agreement is a written contract between two parties, in which the property owner allows another party to use some or all that property under a specific set of parameters. The individual or company licensing its property still retains legal ownership of its patent, copyright, or trademark.
Negotiation assistance occurs when two or more parties meet to formally reach an agreement on a matter of mutual concern. Negotiation assistance could include a review of the contract, a review of terms and conditions, proposed resolutions to disagreements between parties, and finding middle ground that satisfies the licenser and licensee.
A review of an on-going licensing agreement is when a firm continues monitoring and managing the contract to ensure the fulfillment of the contract on both sides.
A non-disclosure agreement (NDA), or confidentiality agreement, is a contract in which the parties agree not to disclose certain information contained in the agreement. The NDA creates a confidential relationship between the parties and, as a result, protects private information, such as a trade secret, and prohibits disclosure to the public.
A non-compete agreement (NCA) is a contract between two or more parties, in which one agrees not to enter into competition with the other. This type of contract is usually used to protect intellectual property from former employees. The intellectual property could include business practices or plans, customer lists, product development, or new technology.
A franchise agreement is a contract in which a business provides it brands and operational model to another party in order for that party to run a similar business in exchange for a fee and a share of the income earned. The agreement details what roles each party needs to perform and what compensation to expect.
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