For those
holding licensing agreements, one particularly difficult area to administer is
the verification of a licensee’s compliance with the terms of the licensing agreement.
Evaluating compliance is a prudent business practice that will examine the licensee’s
adherence to their reporting and property protection responsibilities.
AMS-PAR validates the revenue generated from the licensor’s intellectual property
and confirms that the payment stream and all other performance by the licensee
comply with the agreement. Our engagement findings are presented to the license
holder in a detailed report that sets out the underpaid licensing revenues, as
well as identifying any other areas in which the licensee is not in compliance.
The report will recommend improvements in the contract language to strengthen
the holder’s position now and in future agreements. At the request of the license
holder, AMS-PAR will assist in the negotiation of a settlement of these contractual
shortfalls. |