What licensing parameters are available?

When using the PitchMark® platform, you have the autonomy to define the specific terms under which a client can use your work. These criteria are captured directly on the PitchMark® certificate, creating an official and indelible record of the agreement.

Based on the sources, you can set custom licensing conditions for the following criteria:

• Geography – You can define the geographical parameters of the license, such as limiting the use of the idea to a specific country or region. Is the buyer intending to use the idea in a limited physical space or does the buyer want the rights for every country in the world. In general, an idea that is to be published online will be difficult to restrict geographically (it is the world wide web, after all!
• Validity – what is the time period during which the idea will be licensed? You can specify the exact period of the license, determining how long the recipient is permitted to use the idea before they must take it down or renew the agreement, or if it is granted in perpetuity and they have the rights to it indefinitely. We recommend an auditable process to ensure the idea is not used beyond the date stipulated.
• Assignment – You can set conditions regarding whether the client has your permission to sublicense the idea to a third party. For example, if the buyer intends to find a cheaper vendor to execute on the idea.
• Exclusivity – You can decide if the license is exclusive to that specific client or can also be licensed to others.
• Publicity – does the licensee require rights to publicise the idea, or publicly perform it? The PitchMark® platform allows these two parameters to be set independently.
• Reproduction and distribution – does the licensee wish to reproduce and distribute the concept? The PitchMark® platform allows these two parameters to be set independently.
• Adaptation – does the licensee wish to build on the idea and create something new?
• Usage circumstances – You can define the specific circumstances under which the next person in the "value chain" is allowed to license the idea from you.

This formal structure ensures that if a dispute over usage or payment arises later, you have documentary proof of the exact terms that were agreed upon, which is much more reliable than searching through informal emails or phone messages.