What Does a Grant Clause Have to Do With Licensing?

Licensing is a contract to gain rights at a patent from a license owner to a licensee. A lot of independent inventors seek a license with a large corporation – they have an idea that they’d like the company to adopt and start selling it. In order to do that, they need a license agreement. A grant clause grants the license of the intellectual property from the licensor (the inventor) to the licensee (the company). In this video, Richard Gearhart, Esq. Founder and Managing Partner of Gearhart Law LLC, explains further. Visit Gearhart Law at: https://gearhartstg.wpenginepowered.com/

About the Author

Richard Gearhart, Esq. is the founder of Gearhart Law and the host of a weekly radio show for entrepreneurs called “Passage to Profit”. He has built a firm with an international presence that helps entrepreneurs from around the world with their patent, trademark and copyright needs. Richard commands a breadth of experience that comes from nearly 30 years of practice in the writing and prosecution of hundreds of patents, and in all aspects of Intellectual Property law. In 2022, Richard was recognized by ROI New Jersey as a 2022 ROI Influencer in the Law List category for being one of the best of the best in New Jersey for intellectual property law. Gearhart Law emerged from Richard’s passion for entrepreneurship and startups and his belief that entrepreneurship grows the economy and creates jobs. When we started Gearhart Law, our goal was to help and support the new business ventures of 500 entrepreneurs and inventors. After 12 years, the firm has far surpassed this goal; today, we look forward to helping even more inventors and entrepreneurs get off to a great start and reach their own goals.