Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-06-28
2011-06-28
Augustin, Evens J (Department: 3621)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S026640, C705S035000
Reexamination Certificate
active
07970691
ABSTRACT:
A method for securing licensing agreements on newly developed products, which have been submitted to a host company, includes a plurality of steps that grants a third party company an opportunity to evaluate the product while absorbing minimal financial loss and, therefore, increasing the likelihood of successfully licensing the product on a long-term basis. After receiving an inquiry from the third party company, the host company provides a short-term licensing agreement with a development bonus to the third party company. After conducting due diligence and evaluating the product, the third party receives a long-term exclusive licensing agreement. Such a short-term and the long-term exclusive licensing agreements are executed by at least the inventor, the third party company and the host company.
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da.html.
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Augustin Evens J
Magma Management, Inc.
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