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Sunday, September 26, 2021 4:33:18 PM
The license agreement is separate from the development agreements. The development agreements have a provision for sharing any IP that is created during the projects.
I think my assessment of the IP license is accurate. 12-15, which is 33% of the IP at the time of the executed agreements. Would you pay for IP that which has not been already approved? Me neither. Some of those IP applications have taken years to process and approve.
Regards,BK.
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