Re: Skirting Around Licencing
I'm missing something?
You say the broker gets a small percentage from any deals they make for licensing to other companies. It would appear this other company is interested in licensing your product, correct. Therefor, the broker gets a small percentage of the deal and you get the rest, right?
If the broker is considering this a different product, then the broker is now out of the deal since you stated he was hired to act as a broker for one of your inventions. If this scenario applies, this would be a different invention. I don't see this as actually applicable but that is the only way I can see the broker dodging your current contract.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.