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Digital license agreement

  • US 7,031,943 B1
  • Filed: 05/10/2000
  • Issued: 04/18/2006
  • Est. Priority Date: 05/10/2000
  • Status: Expired due to Term
First Claim
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1. A method for assigning intellectual property rights, said method comprising the computer implemented steps of:

  • a) storing a model digital license agreement that defines terms for licensing intellectual property related to a product to be sent to a user;

    b) enabling electronic links to said model digital license agreement such that said terms for licensing an said intellectual property can be viewed by said user;

    c) enabling an electronic selection and acceptance by said user of said terms for licensing said intellectual property prior to sending said product to said user, wherein said model digital license agreement includes a plurality of modular components that are individually selected by said user to define the terms of said model digital license agreement;

    d) sending a product to a said user after the terms of said model digital license agreement that are selected by said user are approved by a vendor of said product, said model digital license agreement that is approved defining the intellectual property rights granted to said user that relate to said product;

    e) sending a copy of said model digital license agreement that is approved to said user; and

    f) sending a digital license key data to said user, said digital license key data enabling the operation of said product.

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  • 1 Assignment
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