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January 06, 2009
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Patent Law News

 

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.


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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 Louisiana and nationwide:

Content Industries and Sharman Networks Settle All Global Litigation
SYDNEY – Sharman Networks Ltd. announced today that an historic turning point has been reached for both technology and content industries...

...

Read more >


American Inventors Protection Act Of 1999 Patent Laws
The Constitution of the United States gives Congress the power to enact laws relating to patents, in Article I, section 8, which reads “Congress sh...
Read more >


The United States Patent And Trademark Office
Congress established the United States Patent and Trademark Office (USPTO or Office) to issue patents on behalf of the government. The Patent Offic...
Read more >


More Patent News >

 
 

Patent Law Terms

 


Tuesday's Term

Registration

Definition:
Federal registration of trademarks involves the establishment of rights in a mark based on legitimate use of the mark. Although federal registration of trademarks is not required to use a trademark.

Common Law Rights

Definition:
Property or other legal rights that do not absolutely require formal registration in order to enforce them. Proving such rights for a trademark in court can be very difficult.

Collective Mark

Definition:
A trademark or service mark used, or intended to be used, in commerce, by the members of a cooperative, an association, or other collective group or organization, including a mark that indicates membership in a union, an association, or other organization

More Patent Terms >

 

Patent Law Resources

 


Search Patent resources in our resource center:

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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 >

Louisiana Patent Attorney

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

  • Abbeville
  • Alexandria
  • Baker
  • Bastrop
  • Baton Rouge
  • Bogalusa
  • Bossier City
  • Breaux Bridge
  • Chalmette
  • Covington
  • Crowley
  • Denham Springs
  • Deridder
  • Gonzales
  • Gretna
  • Hammond
  • Harvey
  • Houma
  • Kenner
  • La Place
  • Lafayette
  • Lake Charles
  • Leesville
  • Mandeville
  • Marrero
  • Metairie
  • Monroe
  • Morgan City
  • Natchitoches
  • New Iberia
  • New Orleans
  • Opelousas
  • Pineville
  • Prairieville
  • Ruston
  • Shreveport
  • Slidell
  • Sulphur
  • Thibodaux
  • Ville Platte
  • West Monroe
  • Westwego
  • Zachary
 


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