Licensing Overview

Interested in Licensing? Let’s Talk—Seriously.

IP Boardwalk welcomes inquiries from qualified parties ready to explore market-ready innovations backed by protected intellectual property. Due to the proprietary nature of our offerings, access to detailed technical or strategic materials is provided only under a signed Non-Disclosure Agreement (NDA).

We encourage serious inquiries only—whether you’re a seasoned operator, capital-backed entrepreneur, or enterprise team seeking differentiated solutions with near-term deployment potential. Preference given to parties with access to operational capital and commercialization capacity.

Submit Your Interest to Begin the NDA Process.

Licensing

IP Boardwalk Licensing – Support Summary

This summary outlines the key terms and framework of the IP Boardwalk Licensing Agreement. It is designed to inform potential licensees of core expectations, obligations, and opportunities prior to engaging in formal discussions. Specific clauses within the Agreement are included for approach indication. All terms are subject to change and customization during negotiation.

1. Grant of License

Licensor grants to Licensee a non-transferable, non-sublicensable license to develop, manufacture, market, and distribute the licensed technology for agreed-upon uses.

2. Intellectual Property Rights

All intellectual property rights remain vested exclusively in the Licensor. Licensee may not register, patent, sublicense, or claim ownership over any aspect of the licensed technology without Licensor’s prior written consent.

3. Term and Termination

Licenses are generally issued for an initial term of 5–10 years, with renewal subject to meeting defined commercialization benchmarks. Licensor retains the right to terminate for breach, insolvency, or failure to commercialize.

4. Licensing Models

Licenses may be exclusive or non-exclusive, with terms negotiated on a case-by-case basis. Royalty structures, upfront fees, and milestone payments will be customized accordingly.

5. Reporting and Audit Rights

Licensees are required to submit quarterly sales and commercialization reports. Licensor reserves audit rights to verify accuracy and compliance.

6. Confidentiality and NDA

Prior to full disclosure of technical documentation or commercial plans, all parties must execute a mutual non-disclosure agreement.

7. Compliance

Licensee must comply with all applicable laws, including export control regulations. Licensor disclaims liability for any noncompliance by Licensee.

8. Dispute Resolution

The agreement will include formal mechanisms for dispute resolution, including mediation and arbitration, under the jurisdiction of the State of Utah.

9. Customization and Addenda

Certain terms may be customized depending on the product class and deployment model. Additional schedules or product-specific addenda may be appended at execution.

10. Contact and Next Steps

Interested parties should contact IP Boardwalk through the inquiry form at ipboardwalk.com. Upon expression of serious interest, a full licensing agreement will be shared under NDA.

Context

Representative Sample Clauses — IP Boardwalk

1. Grant of License

Subject to the terms and conditions of this Agreement, Licensor grants to Licensee a limited, non-transferable, non-sublicensable, and non-exclusive license to use the Technology solely within the defined Field of Use and Territory, as detailed in Exhibit A.

2. Confidentiality

Each Party agrees to maintain the confidentiality of all proprietary information, trade secrets, and know-how disclosed by the other Party, whether oral or written, and shall not disclose such information to third parties without prior written consent.

3. Prohibition on Sub-Licensing

Licensee shall not register, patent, sublicense, assign, or claim ownership over any aspect of the Technology without prior written consent from Licensor.

4. Quality Assurance and Audit Rights

Licensor reserves the right to audit Licensee’s use of the Technology, marketing materials, and production methods at any time with reasonable notice, to ensure adherence to quality standards and license scope.

5. Representations and Warranties

Licensor represents that it holds the rights to license the Technology and that, to the best of its knowledge, the Technology does not infringe upon any third-party intellectual property. Licensee represents that it will use the Technology in compliance with all applicable laws and regulations.

6. Indemnification

Licensee agrees to indemnify, defend, and hold harmless Licensor and its affiliates from and against any and all claims, damages, losses, and liabilities arising out of or in connection with Licensee’s use of the Technology, including misuse or breach of the Agreement.

7. Export Control Compliance

Each Party shall comply with all applicable export control laws and regulations, including but not limited to the U.S. Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR), in connection with the transfer or use of any technical data or software.

8. Termination for Cause

Licensor may terminate this Agreement immediately upon written notice if Licensee breaches any material term, including unauthorized sublicensing, misuse of trade secrets, or failure to meet commercialization obligations.