Licenses are very important, because they protect the licensor's ownership rights in the licensed material while the owner receives income from the material and ensure that the terms under which the licensee uses the material are clear. If a license is the appropriate vehicle to document a transaction, we will prepare the license and assist the client in negotiating the terms of the agreement to ensure that his or her interests are protected. The firm has experience in negotiating and drafting the terms of confidentiality agreements for use in purchases, financing, or employment. The terms of these agreements can be critical to the value of the particular product or ideas that are protected by the agreement. A poorly drawn agreement or careless failure to comply with an agreement may permit others to receive the benefits of a business's ideas and products that should be protected.
Confidentiality agreements are important whether one is the disclosing or receiving party.
The disclosing party's information must be protected, while the receiving party's obligations to protect must be reasonable with respect to the transaction contemplated. The firm has experience in drafting these agreements for use in many different types of businesses and has a clear understanding of the rules of law that apply to these types of contracts in Colorado. The firm's experience in negotiating and drafting employment contracts used in the hiring of executive personnel makes it familiar with the various terms that are commonly included in this type of agreement. Its attorneys have expertise in drafting appropriate terms in executing employment agreements to address severance provisions, bonus agreements, non-qualified profit sharing arrangements, and covenants not to compete. The firm has experience in determining the status of these various provisions when the employer has been forced to seek the protection of the U.S. Bankruptcy Court.