software and music licensing
TRANSCRIPT
Copyright, BananaIP, 2014
Software / Music Licensing
Dr. Kalyan Kankanala
Blog:www.bananaip.com/sinapseBooks: www.kalyankankanala.com
Software and IP
Copyright, BananaIP, 2014
Software
Types of IP
• Patents
• Copyrights
• Trade Secrets
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Transfer
Assignment
License
• Exclusive
• Non exclusive
• Sole
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Important clauses
RecitalsDefinitionsGrant RoyaltiesTerm and Termination
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Recitals
• Parties – Licensor/Licensee
• Addresses
• Dates
• Background of the transaction
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Definitions
• Interpretation clause
• Consistently used words– Specific/certain/lucid
• Attribute specific meaning
• Apply to entire agreement
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Examples
"Licensed Software" shall mean the proprietary software of the Licensor, entitled 'TalkSoft', for voice enabled screen reading.
"Licensed Intellectual Property" shall mean
• a. Patents and patent applications covering the Licensed Software in USA and India, bearing numbers In123, and US879; and
• b. Copyrights over the object code, source code, and interfaces of the Licensed Software.
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Grant Clause
Most important
Defines scope of agreement
States– Parties– Type– Subject– Rights– Territory– Term
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ExampleLicensor grants to Licensee a non-exclusive
license to use the Licensed Software within the territory of India from 1st January, 2015 to 1st January, 2016.
• Who grants to whom – Licensor to Licensee.
• Type of license – Non-exclusive License
• Rights – Use Licensed Software
• Territory – India
• Dates – January, 2015 to 1st January, 2016
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Term and Termination Term
Events• Material Breach – Nonpayment of royalty, etc.• Bankruptcy• Act of god
Rights after termination
Confidentiality
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Royalty ClauseType of Royalty
– Lump sum royalty– Fixed Royalty– Running royalty
Combination.
Mode and Date of payment
Accounting and Record keeping
Non payment consequences.
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Example
The Licensee shall pay the Licensor a consideration of:
• a. Rupees Ten Lakhs as lump sum payment before the Effective Date of the agreement; and
• b. A sum of Rupees Ten Lakhs for every calendar year for the term of the license.
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Other Clauses
Indemnity
Warranty
Liability
Support and Maintenance
Updates and Upgrades
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Open Source Licenses
Principles
• Free Distribution
• Source Code
• Attribution
• No Warranty/Liability
• License
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Examples
• Viral – GPL
• Flexible – BSD
• Restrictive - MPL
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Types of Licenses
• Standard
• Shrink wrap
• Click wrap
• Browse wrap
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Music
Types of IP
• Copyrights
• Performer's Rights
• Publicity Rights
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Music Licensing
Works
• Lyrics – Lyricists
• Musical Composition - Composers/Music Directors
• Performances - Singers/Musicians
• Sound Recording – Record Label/Production House
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Music Licensing
Acquisition
• Work for Hire
• Assignment/License
• Credit-Compensation-Control
• Royalty Share
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Licensing• Grant - Work, Type of License, Rights,
Mode/Means of Exploitation
• Limitations
• Royalty/Consideration - Lumpsum, Fixed, Running, etc
• Sub-licensing
• Derivative works
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Available On
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Any Questions, Comments or
Observations?
Blog: www.bananaip.com/sinapse
Books: www.kalyankankanala.com