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I want to acquire a exclusive 100% rights of a products
15-Nov-2024 (In Corporate Law)
My company wishes to acquire 100% rights for a product production sale- production sale and marketing across the globe
The innovator will receive shares in the. Company for giving the rights
He won’t be able to compete or advice any other company
Well, it seems, you would like to make a Solid Contract, as per the Indian Contract Act, 1872 with any Innovator, who could assist you in acquiring 100 % rights for the Production Sale of a Product along with its Marketing Worldwide, i.e, across the Globe. If you need such a Contract, I can draft it for you and assist you legally in its execution, kindly connect.
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Adv. Pankaj Bajaj
Mumbai | 1000+ Answers
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You are speaking about transfer of intellectual property and acquiring exclusive rights for the product. You would need several documents including shareholders agreement in which the allocation of shares and the terms will be discussed including any non-competitive terms. You would also need other terms that would be triggered in the event of termination, insolvency or inclusion of additional officeholders in future. The documents can be made specific to your requirements, feel free to reach out to discuss.
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Adv. Zubin Kalchuri
Ahmednagar | 25+ Answers
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Well, you can do what you are saying via making a Solid Contract, if you want to do business in India, and in this respect, I can draft a Contract for you as per the Indian Contract Act, 1872 by putting all clauses which will go in favor of your Company.
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Adv. Pankaj Bajaj
Pune | 700+ Answers
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Your company can acquire 100% rights for global production, sale, and marketing by entering into a legally binding agreement with the innovator. In exchange, the innovator will receive shares in your company. The agreement should include a non-compete clause preventing the innovator from advising or competing with others. Ensure compliance with applicable laws and define the terms of exclusivity and dispute resolution. Contact me for further assistance.
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Adv. Ranabir Datta
Pune | 100+ Answers
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