| Intellectual property rights are by their nature | | | | allow different types of uses of the information |
| restrictive rights. Rights owners are granted the | | | | released - what those terms are rely upon what |
| power to prevent third parties using their | | | | the parties intend to achieve. |
| intellectual property without their consent. When it | | | | Trade Mark Rights |
| comes time for materials in which IP rights subsist | | | | The law of registered trade marks and |
| to be exploited, it is the law of contract that is | | | | unregistered trade marks protect brands, business |
| called upon to do permit to use the materials, | | | | names, logos, slogans, packaging and shapes in |
| subject to the conditions of contract. | | | | many instances. In industry, service marks and |
| Contract Law | | | | collective are also able to be registered, creating a |
| A contract is simply a legally binding agreement. | | | | device to set a standard of service and |
| Parties to contract are at liberty to agree to | | | | recognition that becomes associated with a |
| what may take their fancy and the terms that | | | | particular standard of quality. Again, use of |
| may please them. The law imposes limitations on | | | | contracts allow businesses to license use of trade |
| what may be contracted for when the courts | | | | marks to other businesses; it may be that a |
| find that an agreement is contrary to public policy | | | | licensor wishes to impose particular restrictions on |
| or otherwise restricted by statute. With this | | | | the size, colour, geographical location or even the |
| background, owners of intellectual property are | | | | place on a website that a trade mark will be used. |
| free to agree to deal with intellectual property in | | | | Provided these requirements may be reduced to |
| any way that they see fit. | | | | writing with sufficient clarity they may form part |
| Contractual Dealings with Intellectual Property | | | | of the contractual relations and effectively restrict |
| Dealings with intellectual property take two basic | | | | use of the trade mark. For example, franchises |
| forms. Firstly, intellectual property rights are | | | | depend on trade marks to create a common |
| personal property, which means that they may | | | | branding, as do businesses authorising others to |
| be assigned to another person, subject to very | | | | manufacture packaging. |
| limited exceptions. An assignment of intellectual | | | | Commercial Environment |
| this property rights conveys the title to the rights | | | | When it comes time to make commercial |
| to another person. Far more frequently however | | | | decisions as to the types of uses and licences |
| these personal rights are licensed to other | | | | that will be granted in respect to intellectual |
| businesses for a limited purpose or a limited | | | | property, companies would be well advised to |
| period, in accordance with the particular terms of | | | | ensure that that contract accurately reflects the |
| contract. Amongst many others, movies, music, | | | | commercial intentions of the business. Failures to |
| software, architectural plans, trade marks, | | | | do so may have dire commercial and indeed legal |
| designs, patents may be licensed to businesses or | | | | consequences. Problems may arise by a variety |
| the public at large to use them subject to | | | | of different courses. |
| specified conditions and limitations. These licenses, | | | | For example, a company may inadvertently |
| which are in essence permissions, allow the | | | | accept terms and conditions of the other business |
| licensee to perform some act in respect to the | | | | printed on the back of a purchase order |
| intellectual property that would otherwise amount | | | | authorising the payment. In such cases, the |
| to in infringement of the owner's intellectual | | | | licensor's own terms of business may be found |
| property rights. | | | | not to apply. The consequences of this are that |
| In the commercial environment contracts allow | | | | the business contracts on unforeseen terms of |
| such dealings to happen. | | | | contract that may well be contrary to its own |
| Copyright Law | | | | intentions, and result in foreseen consequences. In |
| Copyright is the palladium of product of the arts, | | | | one case that the author has advised on, the |
| such as manuals, computer programs, commercial | | | | author of a University course inadvertently |
| documents, leaflets, articles, song lyrics, sound | | | | transferred the intellectual property rights to a |
| recordings, photographs, film, sound recordings | | | | company rather than license its use. This placed it |
| and many others. Businesses that trade using | | | | in a position whereby it had divested itself of the |
| copyright works such as these are entirely reliant | | | | assets in which had invested significant capital |
| granting licenses to their customers on specified | | | | expenditure, that it intended to use and re-use for |
| terms to trade using their stock in trade. | | | | years to generate income. It had assigned the |
| Contract law allows these companies to restrict | | | | ownership of the course to the other party |
| and limit use of these copyright works to a fine | | | | inadvertently. |
| degree. For instance a photograph might be | | | | A company may wish to license a company to |
| licensed for use in print media for a set price and | | | | "use" certain intellectual property rights on |
| electronic media for an entirely different price, or | | | | restrictive terms. Difficulties may arise in the |
| indeed prohibit these uses in their entirety. | | | | contractual meaning of the word "use" when it is |
| Patent Rights | | | | not defined in the contract, and thus introduces |
| Of all the different types of intellectual property | | | | ambiguity and uncertainty in the contractual |
| rights, it is patent rights that provide the most | | | | arrangements between the parties. Where a |
| extensive and complete monopoly over | | | | licensor asserts narrow and restrictive rights for |
| inventions. Products and processes which are | | | | "use" and the licensee asserts broad liberal rights |
| inventive may be patented. As the monopoly | | | | to "use" the work, unless there are other material |
| rights granted are so extensive, so the bar to | | | | in the contract indicating what the parties intended |
| surpass for registration is higher than any other | | | | by "use", it is extremely difficult to ascertain what |
| form of IP protection. Use of patent rights may | | | | the parties actually intended to agree to. In |
| be managed in the same way as other intellectual | | | | situations such as these where intransigence sets |
| property rights. | | | | in, litigation is required to resolve the dispute |
| Confidential Information and Know-how | | | | causing distraction and expenses that is otherwise |
| A common form of license is that granted by | | | | perfectly avoidable. |
| non-disclosure agreements. Non-disclosure | | | | Conclusion |
| agreements are legally binding contracts designed | | | | Fundamentally management of intellectual |
| to impose restrictions upon information released | | | | property rights takes place with contracts. |
| to another person, pursuant to the terms | | | | Licences and assignment of owners' rights may |
| recorded by the agreement. In the absence of a | | | | be coupled other objectives of the parties, for |
| non-disclosure agreement, the discloser of | | | | instance: |
| information would be left with their rights under | | | | |
| the general law to protect the information | | | | 1. research grants and consequent dealings with |
| released from unauthorised disclosure or use. The | | | | the fruit of such research; |
| general law requires a claimant must show that | | | | 2. funding arrangements and contractual |
| the circumstances of the case justify the court | | | | commitments for exploitation; |
| finding that the information (1) retained the | | | | 3. clinical trials and use of consequent results of |
| requisite quality of confidence, (2) was imparted in | | | | the trials; |
| circumstances importing an obligation of | | | | 4. fixing royalties for exploitation of intellectual |
| confidence, and (3) that the information has been | | | | property rights; |
| misused. Establishing such circumstances requires | | | | 5. commercialisation of intellectual property and |
| meticulous preparation of evidence. Thus in the | | | | revenue sharing arrangements |
| vast majority of cases proving to the satisfaction | | | | 6. granting of options over intellectual property |
| of a court that trade secrets or confidential | | | | 7. grants for licences for evaluation of relevant |
| information have been misused is an onerous | | | | materials, and onward licenses |
| exercise. | | | | 8. cross-licensing different intellectual property |
| Contract law simplifies this. If it were the case | | | | rights for mutual research or exploitation; and |
| that a contract has imposed obligations of | | | | 9. software licensing. |
| confidence between the parties, the discloser is | | | | Like any other commercial contracts, dealings with |
| not simply left with his rights at general law. The | | | | intellectual property may be complicated. |
| non-disclosure agreement imposes separate and | | | | Frequently this is the case because the delineation |
| independent rights to the general law, and indeed | | | | of rights and use rights granted are set out in |
| when properly drafted, may far exceed the rights | | | | fine, granular detail. To truly appreciate the effect |
| that a claimant would otherwise be left with under | | | | of such dealings, readers need to appreciate the |
| the general law. As with other types of contracts, | | | | particular types of rights that may vest in a |
| non-disclosure agreements may be framed to | | | | particular form of intellectual property. |