Trading Innovation®

ULR Contracts Fact Sheet

ULR contract fact sheet

What are ULR contracts?

ULR contracts offer a more efficient approach to IP monetization, licensing & enforcement.

IPXI has spearheaded the development of an efficient IP marketplace with the introduction of ULR contracts. ULR contracts transform private licensing of technology into tradable products, allowing for improved market transparency, smooth technology transfers, and increased efficiencies. ULR contracts enable IP holders to more efficiently monetize patents and other IP brought to market through non-exclusive licensing, while also allowing buyers to purchase at market-established prices. Each ULR contract purchased gives the buyer the right to use the IP offered for a pre-established number of instances, for example, to manufacture and/or sell a defined number of products incorporating the claimed technology. 

What makes ULR contracts distinctive and beneficial to end users?
  • Selection committee quality standards
  • IP pooling assistance
  • Standard document efficiency and commoditization
  • Transaction transparency and public rulebook
  • Tranche pricing structure and banding
  • Amnesty offerings
  • Auditing and reporting mechanisms
  • Dutch Auction market pricing
  • Secondary trading for qualified users and institutional investors
  • Contract registry and position limits
  • Community membership and objective, good faith enforcement
ULR Contract Licensor Benefits
  • Efficient monetization of patent portfolios
  • Dramatically reduced legal costs
  • Avoidance of forced cross-licensing
  • Outsourced auditing
  • Timely reports on licensee usage
  • Market-determined fair and reasonable licensing terms
  • Flexible rights structure
ULR Contract Licensee Benefits
  • Efficient acquisition of licenses to patent portfolios
  • Potential amnesty for past infringement
  • In-licensing standard contracts
  • Ability to resell unused ULR contracts to accommodated reduced future needs
  • Fair and level playing field for all prospective licensees
  • Formal mechanism to request investigation for alleged infringement
Contact Information

Intellectual Property Exchange International
200 West Madison, 37th Floor
Chicago, IL 60606
Ph: 312.377.4830
Fx: 312.327.4401
E: info@ipxi.com