This week’s podcast looks at licensing agreements from the licensee’s perspective. Peter and Alexander talk about what the licensee should be thinking about when they’re negotiating a license agreement, including what to expect from a licensor during the process. They highlight how including provisions about an approval process for new use, derivative works, termination, and a cure period can benefit the licensee while preventing law suits for both parties in the future. What happens if you improve the licensed product? If the licensee collects data from a licensed code, who owns that data? After you’ve used a licensed product......


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March 12, 2018

Updates to the 1023

In December 2017, the IRS released the new 1023 Application for Recognition of Exemption (often referred to as the “1023”): the form by which nonprofits can apply for 501(c)3 tax-exempt...

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