#agreements

Structure IP licensing deals. Agreement components: 1. Scope of license (exclusive vs non-exclusive). 2. Territory and duration. 3. License fees (upfront, royalties, minimums). 4. Usage rights and restrictions. 5. Quality control provisions. 6. Reporting and audit rights. 7. Termination clauses. 8. Warranties and indemnification. Protect your IP. Define allowed uses clearly. Revenue without operational overhead. Use legal counsel.