Currently I am in the process of having an attorney file a single disregarded entity LLC for my company. I am the sole owner and inventor of a patent (pending) which I am not sure to License the rights of the patent to the LLC or simply Assign all patent rights to the LLC. I would like to know which typically investors like to see and why.
As a general practice, it is advisable to license the patent rights instead of assigning the complete patent. This way, you will have control over the invention (technology) and in case anything does not go the way it was expected to go with investors, you will retain the patent rights and corresponding license rights can be revoked.
Obviously, such licensing will require a suitable patent licensing agreement, including provisions related to scope, term, royalty, and the like.
In case you wish to discuss this further, feel free to get in touch.
Best Regards,
Rahul Dev
Answered 10 years ago
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