What Is A Typical Licensing Agreement

Harvard offers certain materials (usually biological research material) for commercial purposes on a non-exclusive basis. Some materials, such as mice, are usually offered on a flat-rate basis or with fixed annual payments. others, such as hybridoma cell lines, also include royalty-based payments. Below are standard contracts for both types of hardware licenses. The truth is that lawyers are qualified to treat legal language as agents and guarantees, compensations and violations, but in most cases they are not familiar enough with the terms of the license agreement, including test protocols, authorized channels, permits and quality controls, to properly negotiate them on our behalf.

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