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definition of technology in research license stems from provisional application
Posted by Anonymous . updated on 2/26/2009
I am negotiating a research license with a company and my group is licensing the technology. In the agreement, the technology is defined as being that which is described in present and future applications claiming priority to a provisional patent application of XXXXXX. Is this common practice to reference the provisional patent application even though the other side has pending applications (regular utility applications) they are pursuing? Should the pending applications be mentioned in the definition?
The broader definition as it stands gives us more to use so I don't see a downside to it.
Just wondering if it is common practice.... any concerns here?
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