Legal Question in Intellectual Property in New York
Patent Clause
I just received a patent and i would like to know is there a clause that will enable me to receive money from a company just to meet with me to discuss a contractual agreement.
2 Answers from Attorneys
Re: Patent Clause
In the patent document itself, there is not likely to be any such clause. However, a licensing agreement would contain a "granting clause" (allowing the company to use the technology disclosed in your patent) in exchange for payment.
I doubt that you'd get paid for mere discussions and negotiation of a licensing agreement.
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Re: Patent Clause
It's not clear in which document you think this clause might exist. In any event, there is nothing in the grant of the patent that gives you a right to compensation merely for such a meeting.
Agreements with potential users of your patent should be drafted and negotiated carefully.
If I can be of assistance, please feel free to get in touch.