German utility model
10 year maximum term
The German utility model has a maximum term of 10 years and gives the proprietor of the utility model the sole right to use the invention. The proprietor can also grant a simple or exclusive licence to the utility model in favour of a licensee.
Your opportunity for granting a license
That means that only the proprietor may use the invention protected by the utility model. The utility model proprietor can naturally decide to allow a third party to use this and this is usually regulated within a licence agreement. The proprietor of the utility model can also grant an exclusive licence to his property right and receives licence fees based on the negotiated and concluded licence agreement in return for granting the licence.
Assistance from a patent attorney
I should also be pleased to assist you with conducting negotiations and concluding such a licence agreement. Here you can find out more about my previous work.
Are you interested in a utility model abroad? Click here.