Ideas Union

For organisations

Negotiating with members for IP

Terms are set between the member and the client. Ideas Union stays out of the commercial negotiation and steps in only to enforce a member’s rights when a breach occurs.

Our position

Our role

Ideas Union does not participate in commercial negotiations between members and prospective clients. Valuations, pricing, and payment are determined solely between the member and the client. IU steps in only when a breach occurs — then it enforces member rights to the fullest extent of the law, including the recovery of damages.

Payment

How members typically structure payment

1

Royalty

A percentage of turnover attributable to the Comcept™.

2

Cost recovery

A percentage of the cost savings the Comcept™ delivers.

3

Set fee

A single fixed payment.

4

Combination

An upfront payment plus an ongoing royalty or cost-recovery share.

Documentation

Documenting the agreement

Once terms are agreed, draft a written agreement and upload it to the Comcept™ file. It should set out:

  • scope of use;
  • duration;
  • payment method;
  • how payments are calculated;
  • payment schedule and bank details;
  • any additional conditions.

Templates coming soon.

Assisted negotiation

When Ideas Union will negotiate

If a member/client relationship breaks down entirely, members may request that Ideas Union negotiate on their behalf. IU represents the member directly; legal and negotiation fees are charged to the client at commercial rates; and IU retains 25% of the negotiated outcome.

Escalation

Escalation and litigation

When no reasonable outcome can be achieved, Ideas Union escalates to legal action, taking full responsibility and proceeding through the courts. Members may appear as witnesses but are otherwise not involved. IU applies no spending limits to enforcement.