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Home / Expert Opinion / IP Frontiers: How the exhaustion doctrine applies to licensing agreements

IP Frontiers: How the exhaustion doctrine applies to licensing agreements

A license is a grant of rights from a licensor (often the patentee) to a licensee to make, use or sell a patented product or method.  Often in granting the licensee the right to “sell,” the patentee may seek to put restrictions or conditions on third parties who legitimately purchase such patented products or methods ...