Patent, Trademark and Copyright Services
A royalty is a payment made by one party to another that owns a particular asset for the right to ongoing use of that asset. A royalty interest is the right to collect a stream of future royalty payments.
A license agreement defines the terms under which a resource or property are licensed by one party to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. Attorney Yablon will help with any of your royalties or licensing.