What are the primary objectives of ULR contracts?
• To assist patent owners with monetization of their portfolios, returning investment dollars back to research and development creating a virtuous cycle of innovation • To maximize licensing opportunities and access the full addressable market for the technology including smaller users not otherwise efficiently reached • To assure fair market pricing without bias based on size of licensee • To provide transparency to the IP market, including price discovery and comparables information, enabling senior management to make better decisions about intellectual property management and R&D matters • To address the main considerations of operating companies for non-compliance, providing an economically efficient and accessible means to compliance and eliminating the risk of litigation and excessive damage awards • To allow market-driven pooling and more refined options when selecting relevant patents for licensing • To first manage enforcement or disputes through a “committee of peers” and ind