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February 06, 2012
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Joint Ownership Agreement Patents

Joint Ownership

Patents may be owned jointly by two or more persons as in the case of a patent granted to joint inventors, or in the case of the assignment of a part interest in a patent. Any joint owner of a patent, no matter how small the part interest, may make, use, offer for sale and sell and import the invention for his or her own profit provided they do not infringe another’s patent rights, without regard to the other owners, and may sell the interest or any part of it, or grant licenses to others, without regard to the other joint owner, unless the joint owners have made a contract governing their relation to each other. It is accordingly dangerous to assign a part interest without a definite agreement between the parties as to the extent of their respective rights and their obligations to each other if the above result is to be avoided.

The owner of a patent may grant licenses to others. Since the patentee has the right to exclude others from making, using, offering for sale, or selling or importing the invention, no one else may do any of these things without his/her permission. A patent license agreement is in essence nothing more than a promise by the licensor not to sue the licensee. No particular form of license is required; a license is a contract and may include whatever provisions the parties agree upon, including the payment of royalties, etc.

The drawing up of a license agreement (as well as assignments) is within the field of an attorney at law. Such attorney should be familiar with patent matters as well. A few States have prescribed certain formalities to be observed in connection with the sale of patent rights.


Contact our Nebraska Patent Lawyer Now!

 

 
Did You Know?    
 
 
You may apply for a patent for your invention.
Inventors may apply for one of two types of patent applications: (1) A non-provisional application, which begins the examination process and may lead to a patent and (2) A provisional application, which establishes a filing date but does not begin the examination process.

 


  Newsroom  
 


News about Patent cases in Nebraska and nationwide:

U.S. and Japan To Pilot Patent Prosecution Highway
The U.S. Patent and Trademark Office (USPTO) and the Japan Patent Office (JPO) announced today that on July 3, 2006 they are launching a new trial ...
Read more >


Court Case to Determine Rights of Online Journalists
Arguments Set for April 20 in San Jose

San Jose - On April 20, EFF Staff Attorney Kurt Opsahl will argue Apple v. Does – a case with b...

Read more >


USPTO Releases Annual List Of Top 10 Organizations Receiving Most U.S. Patents

In 2003, the U.S. companies included on the list of top 10 patenting organizations are International Business Machines Corporation, Hewlet...

Read more >


More Patent News >

 
 

Patent Law Terms

 


Monday's Term

Workflow Incoming Amendment IFW

Definition:
From Public PAIR/IFW - designates the point in time when an amendment is received in the Office and the paper scanning process may be started at the USPTO; does not indicate whether scanning has actually started.

Design Patent

Definition:
A type of patent covering the shape characteristics of an object

Attorney

Definition:
An individual who is a member in good standing of the bar of any United States court or the highest court of any State.

More Patent Terms >

 

Patent Law Resources

 


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Patent Lawyer Hot Topics

 
Topics Related to Patents Law:

  • Trademarks & Patents
  • Patent Pending
  • Patent Regulations
  • Invention Patent
  • Patent Infringement Law

More Patent Topics >

Nebraska Patent Attorney

 
If you live in the following cities and need an patent attorney you should contact our Patent Attorney as soon as possible:

  • Alliance
  • Beatrice
  • Bellevue
  • Blair
  • Columbus
  • Fremont
  • Gering
  • Grand Island
  • Hastings
  • Kearney
  • La Vista
  • Lexington
  • Lincoln
  • Norfolk
  • North Platte
  • Omaha
  • Papillion
  • Plattsmouth
  • Scottsbluff
  • South Sioux City
 


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