On the Use of Preferential Rights in Intellectual Property Agreements
les Nouvelles - Journal of the Licensing Executives Society, Volume LI No. 3, September 2016
8 Pages Posted: 15 Aug 2016 Last revised: 3 Sep 2016
Date Written: September 1, 2016
This article reviews the four main types of preferential rights – options, rights of first refusal, rights of first offer and rights of first negotiation – and discusses their use, benefits and limitations in intellectual property agreements.
Keywords: Preferential rights; IP; Intellectual Property agreements; rights of refusal; rights of first offer; rights of first negotiation; benefits; limitations
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