Purchasing Terms and Conditions outline the baseline commercial and legal framework for buyers when acquiring goods or services. This playbook guides you through essential clauses like payment, delivery, and liability, ensuring consistent protection across suppliers.
Why This Matters: Clear IP terms prevent disputes over usage rights and ensure control over proprietary assets.
Negotiation strategy
If you're the Buyer:
Ensure that all pre-existing IP remains with the company and negotiate for exclusive rights to any newly created IP. Consider including clauses that allow for sublicensing if necessary.
If you're the Supplier:
Negotiate to retain ownership of any IP you bring into the project and seek fair compensation for any newly created IP. Ensure that any licenses granted are limited in scope and duration.
Essential elements
1
Pre-existing IP Ownership
Ownership of existing IP assets.
2
Newly Created IP
Ownership of IP developed during contract.
3
License Grant
Terms for IP usage rights.
Action framework
ACCEPT
Propose edits if the scope of the license is too broad or if ownership terms are unclear.
EDIT
Reject clauses that attempt to transfer ownership of pre-existing IP without adequate compensation.
ADD
Add language to clarify joint ownership terms or to specify sublicensing rights.
PRO TIP
Always define the scope and duration of any IP licenses to avoid future disputes.
Example clauses
FAVORABLE
Clear Ownership Clause
"Each party shall retain ownership of its pre-existing intellectual property, including but not limited to patents, copyrights, trademarks, and trade secrets, that were developed or acquired prior to the execution of this Agreement."
NEUTRAL
Basic License Grant
"Each party grants the other a non-exclusive, non-transferable license to use its pre-existing IP for the duration of this Agreement."
UNFAVORABLE
Ambiguous Ownership Terms
"Ownership of intellectual property created during the project will be determined at a later date."
Fallbacks
Joint Ventures
In joint ventures, ensure that IP ownership and revenue-sharing arrangements are clearly defined to prevent conflicts.
High-Risk Projects
For high-risk projects, consider additional protections for IP, such as escrow arrangements or performance-based milestones.
International Collaborations
In international collaborations, account for jurisdictional differences in IP laws and ensure compliance with local regulations.
FEATURED SOLUTIONS
Contract Email Agent
Self-service Al for instant contract review and markups.
Never leave your inbox. Effortless contract markups and summaries—delivered straight to your inbox. No signups, no apps, no plugins, no playbooks, no delays.
Import PDF. Redline on DocJuris. Export to Word. Save a day of work.
Import locked PDFs or Word docs and get work done with our world-class contract editing platform. Track your changes and comments and export seamlessly to MS Word without the headaches of clunky add-ins.
Markup clauses in seconds. See the reasoning, stay in control.
Negotiate with confidence using DocJuris’s AI-powered suggestions. Pick a suggested action to balance or lean specific terms in favor of a party. Or, quickly make a clause mutual or simpler with a single click without the back-and-forth.
Uncover opportunities and risks in your signed contracts.
Turn your contracts into structured insights. With Repository AI, DocJuris analyzes every imported agreement—so you always know what’s expiring, auto-renewing, or exposing risk. Total visibility, zero guesswork.
Unlike complex CLMs with long implementations and steep learning curves, DocJuris is built for speed and simplicity. We integrate with your workflow—whether connecting to a CLM or uploading agreements manually—so you're up and running in days, not months.
WEEK 1
CLM Readiness and Design
Our CX team works with you to understand your contracting challenges, prioritize key workflows, and identify the biggest impact areas. We build a tailored implementation plan that fits your needs.
WEEK 2
Install Module
We connect DocJuris to your contract repositories, set up admin and user accounts, and ensure your environment is ready for success.
WEEK 3
Deliver & Test
Your team builds initial playbooks, reviews existing clause libraries, and trains the DocJuris agent to align with your internal standards and negotiation positions.
WEEK 4
Launch
We support you in rolling out DocJuris to a pilot group or your full organization—with launch materials, training, and hands-on support to drive adoption from day one.
Not another CLM
Tackle everything your team needs using existing IT without expensive consultants, outrageous user licensing fees, or complex coding. DocJuris takes on the heavy lift and delivers your requirements with its people, process, and technology.
See how DocJuris can automate your legal, procurement, and sales operations.
DocJuris is not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options,selection of forms or strategies.