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July 20, 2010
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Joint Ownership Agreement Patents

Joint Ownership

Patents may be owned jointly by two or more persons as in the case of a patent granted to joint inventors, or in the case of the assignment of a part interest in a patent. Any joint owner of a patent, no matter how small the part interest, may make, use, offer for sale and sell and import the invention for his or her own profit provided they do not infringe another’s patent rights, without regard to the other owners, and may sell the interest or any part of it, or grant licenses to others, without regard to the other joint owner, unless the joint owners have made a contract governing their relation to each other. It is accordingly dangerous to assign a part interest without a definite agreement between the parties as to the extent of their respective rights and their obligations to each other if the above result is to be avoided.

The owner of a patent may grant licenses to others. Since the patentee has the right to exclude others from making, using, offering for sale, or selling or importing the invention, no one else may do any of these things without his/her permission. A patent license agreement is in essence nothing more than a promise by the licensor not to sue the licensee. No particular form of license is required; a license is a contract and may include whatever provisions the parties agree upon, including the payment of royalties, etc.

The drawing up of a license agreement (as well as assignments) is within the field of an attorney at law. Such attorney should be familiar with patent matters as well. A few States have prescribed certain formalities to be observed in connection with the sale of patent rights.


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Did You Know?    
 
 
You need a patent attorney or agent to file your patent application.
The U.S. Patent and Trademark Office (USPTO) strongly recommend that all prospective applicants retain the services of a registered patent attorney or patent agent to prepare and prosecute their applications.

 


  Newsroom  
 


News about Patent cases in Pennsylvania and nationwide:

Consolidated Patent Rules
Business to be transacted in writing:All business with the Patent and Trademark Office should be transacted in writing. The p...
Read more >


CDC Announces Issuance of Patent for Detecting the Presence of Lead

"This invention is important because it can help protect workers from lead poisoning," says Andrew Watkins, director, CDC's technology tra...

Read more >


Functions of the United States Patent and Trademark Office
The United States Patent and Trademark Office (USPTO or Office) is an agency of the U.S. Department of Commerce. The role of the USPTO is to grant ...
Read more >


More Patent News >

 
 

Patent Law Terms

 


Tuesday's Term

Change Of Name

Definition:
Sometimes, owners of trademark applications and registrations change their names, even though the actual ownership of the application or registration has not been transferred.

Notice Of Publication

Definition:
A written statement from the USPTO notifying an applicant that its mark will be published in the Official Gazette. If the examining attorney assigned to an application raises no objections to registration.

Appeal (trademark)

Definition:
An applicant who wants to contest a final refusal from an examining attorney may file an appeal to the Trademark Trial and Appeal Board.

More Patent Terms >

 

Patent Law Resources

 


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Patent Lawyer Hot Topics

 
Topics Related to Patents Law:

  • Trademarks & Patents
  • Patent Pending
  • Patent Regulations
  • Invention Patent
  • Patent Infringement Law

More Patent Topics >

Pennsylvania Patent Attorney

 
If you live in the following cities and need an patent attorney you should contact our Patent Attorney as soon as possible:

  • Aliquippa
  • Allentown
  • Bensalem
  • Bethlehem
  • Butler
  • Carlisle
  • Chambersburg
  • Chester
  • Coatesville
  • Coraopolis
  • Downingtown
  • Doylestown
  • East Stroudsburg
  • Easton
  • Greensburg
  • Hanover
  • Havertown
  • Hazleton
  • Irwin
  • Lancaster
  • Lansdale
  • Lebanon
  • Lititz
  • Media
  • Morrisville
  • New Castle
  • New Kensington
  • Norristown
  • Philadelphia
  • Pittsburgh
  • Pottstown
  • Southampton
  • State College
  • Uniontown
  • Upper Darby
  • Warminster
  • Washington
  • West Chester
  • Wilkes Barre
  • Williamsport
  • York
 


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