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License agreements

 
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TracyABQ

posts: 1

May 22, 2010 4:12 PM ET    Quote  Report Abuse
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Hello, I have a system that I am licensing to Dr's. My question - until we have our franchise agreement completed which is taking much longer than we anticipated we want to put it all in a license agreement but license the use of the components seperately. Should I have them sign several license agreement to use the working parts or can I place the seperate licenses into one agreement so that they are signing one document with the permission to use the 5 separate components.also..

Can I put in the agreement that once the franchise document is complete they will be required to sign that document to keep the license or should I just have the license agreement expire in one year and at that time they will renew under the franchise agreement.


Any help is greatly appreciated.

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