What is the purpose of including a grant-back clause in an IP license agreement?
Question and options
What is the purpose of including a grant-back clause in an IP license agreement?
- To limit the licensee's right to sublicense the licensed IP to third parties
- To give the licensor the right to use improvements made by the licensee
- To specify the payment terms and conditions for the licensed IP
- To address the consequences of a breach of confidentiality by the licensee
Answer and explanation
Correct answer: B - To give the licensor the right to use improvements made by the licensee
A grant-back clause obliges the licensee to license or assign to the licensor the improvements it makes to the licensed IP, so the licensor can use them. Limits on sublicensing, payment terms and confidentiality breaches are dealt with by other clauses of a licence.
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