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What Could OBJ Be Worth, page-36

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2,066 Posts.

1251

28/03/16

17:30

Post #: 17368936
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Originally posted by Pman ↑

This is what i got back and what i was expecting.

"As is common with development agreements, existing IP of both parties will remain with the owning party. In the case of the PDA between OBJ and P&G, the micro array is owned by OBJ and is then being licensed to P&G under the various Work Plans either executed or under negotiations.
When there is IP that the parties jointly develop then it is jointly owned. But if P&G develop something themselves or for that matter OBJ develops ourselves then we independently own it.
Should P&G's development include a micro array, then OBJ gets the royalty even if OBJ has not contributed any expense"

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Brilliant post P-man

People seem to have forgotten that P&G have spent millions helping OBJ develop these products so not surprised to see them jointly owning the IP...as long as we receive a royalty for every unit sold that uses this tech then i see no issue

i'd assume this would be the same with ever partner we collaborate with going forward

tks for sharing P man

OBJ Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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