Ownership Structure and Allocation

• The joint venture agreement defines IP ownership clearly
  
• IP can be jointly owned or retained individually by partners
  
• Newly created IP during the JV may be assigned to the JV or shared
  
• Each party’s pre-existing IP is typically licensed, not transferred
  
• Ownership clauses prevent future disputes and misappropriation
  

Licensing and Usage Rights

• Partners may license their IP to the joint venture for limited use
  
• Terms of use, duration, and exclusivity are defined in the agreement
  
• Licensing can be royalty-free or based on negotiated fees
  
• Restrictions on sublicensing or third-party access may apply
  
• Protects the licensor while enabling the JV to operate effectively
  

Protection and Registration

• JV ensures that trademarks, patents, and copyrights are registered properly
  
• Filing can be done in the JV’s name or jointly with the partners
  
• Protecting IP in all jurisdictions of operation is prioritized
  
• IP assets are tracked and maintained with updated registrations
  
• Legal steps are taken to prevent infringement or misuse
  

Development of New IP

• IP developed during the JV is governed by the agreement
  
• Contributions from each party are documented and credited
  
• Joint ownership is common when both parties contribute
  
• Revenue and royalty sharing for new IP are predetermined
  
• Clear procedures are set for filing and managing such IP
  

Post-Termination Rights

• The agreement includes clauses for IP usage after the JV ends
  
• Rights may revert to the original owners or remain with the JV
  
• Use of jointly developed IP is defined after dissolution
  
• Non-disclosure and non-compete clauses continue to protect IP
  
• Ensures that proprietary technology and brands are not misused
  

Dispute Resolution for IP Issues

• Mechanisms are established for resolving IP-related disputes
  
• May involve arbitration, mediation, or court proceedings
  
• Protects the commercial interests of both parties
  
• Ensures continuity of business while issues are resolved
  
• Avoids lengthy litigation and maintains partner relations