Intellectual property and commercial support for our clients allows the entrepreneur to benefit from our intellectual property services through commercial support, and not only support in registering the intellectual property. In other words, we prepare various agreements for the inventor or entrepreneur and support them commercially in order to expand the ability to protect the intellectual property in the venture.
During the entrepreneurial process, the entrepreneur negotiates with various parties, whether for the purpose of a sale or for the production and promotion of the venture. The inventor and the entrepreneur need to disclose the invention and go into the finest details of the invention, reveal trade secrets of the venture, etc.
Legal Support in Intellectual Property and Commercial Support in Raising Investors and Sales
Our firm represents the inventor in approaching commercial entities, investors and companies. We provide paid services for approaching companies and investors and presenting the invention and the venture, in order to sell the invention or raise investors.
When approaching companies and investors, we support the entrepreneur both at the beginning of the negotiation process, including preparing non disclosure agreements tailored to the invention and to the other intellectual property in the project, and in the negotiations to close a deal for the sale of the invention and the preparation of a sale agreement, a royalties agreement or a combination of them.
We can also prepare a partnership agreement or the formation of a company between the inventor and the investors, franchise agreements or the transfer of ownership of intellectual property, and many other types of legal documents.
Intellectual Property and Various Agreements During Commercial Negotiations
In the entrepreneurial process, entrepreneurs and inventors are exposed to a long list of legal actions which our firm handles, supporting the client during the commercialization of the invention. Below is an overview of the main examples.
Approaching investors and companies is a process in which, in many cases, the inventor relies on the advice of our firm. Sometimes we advise the inventor how to act and what to beware of, and sometimes we approach companies, whether companies we contact or companies that the entrepreneur has already contacted, and we advise during the commercial negotiation process.
Preparing tailored non disclosure agreements We prepare a non disclosure agreement tailored to the intellectual property that the entrepreneur wishes to present to companies and investors, as well as to subcontractors, such as manufacturers and various suppliers in the production process, suppliers for preparing a business plan, marketing and commercial material, etc.
Preparing a sale agreement for the patent and the invention After and during the negotiations, we prepare draft agreements with the investors and companies. It is important to be familiar with the field of intellectual property in order to include important details in the sale agreements. For example, for an inventor who receives royalties, it is important that the agreement set out the dates for reporting and paying royalties, the option to audit the scope of sales by an accountant on behalf of the inventor, and many more details that attorneys familiar with the field of intellectual property should include in the agreement.
Agreements for the transfer of ownership of a patent, design and trademark, and registration of the transfer Our firm prepares agreements for the transfer of ownership of the various types of intellectual property, for example the transfer of ownership of a patent, a design or a trademark, as well as of other intellectual property rights such as copyright. We also provide the service of transferring the registration at the various patent offices in Israel and around the world. For registered intellectual property rights, in addition to signing an agreement, ownership must be transferred at the offices of the various patent authorities around the world and fees must be paid for the transfer of ownership. Sometimes we transfer ownership in many countries, and sometimes we transfer ownership by virtue of a will, a court order, etc.
For more details and commercial support, call +972-3-9711013.