If you have not watched the TV Show “Shark Tank”, it is a show where small business entrepreneurs and inventors go to appear on TV to “be discovered”. This led Scott Jordan, the inventor of TEC (Technology Enabled Clothing) to appear on the show. But there was a nasty little clause in the agreement to […]
Widerman Malek Law Blog
Traps to Avoid When Negotiating Royalties
Royalties are a wonderful way for inventors to collect payment for the use of their inventions. Any time a song is played on the radio the song composer receives a royalty for their work. Any time an artist’s drawing is replicated the artist receives a royalty and any time an author’s published work is reprinted, […]
