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Re: [PSUBS-MAILIST] question
During the buyout/transfer of ownership, isn't there certain usage
restrictions that you can state on paper? IE: You get x percentage of
profits on anything using that design, or ownership goes back to you
if the company goes under, or discontinues their use of that design?
I'm pretty sure you can put pretty much anything you want on paper
before the ownership is transferred to them, to guarantee you pretty
liberal usage of the design, short of selling ownership to another
company.
I'd discuss with a lawyer if you have the opportunity.
Personally, I'd jump on that offer though.
On 12/31/06, George H. Slaterpryce III <gslaterp@hotmail.com> wrote:
Here's a hypothetical for you that would help me get off the fence on
something.
Say you showed an individual some of your work at their request and shortly
thereafter had some corporate interest in your work. Even so far as to
receive a job offer to continue your work on the corporate payroll. The
upside is a generous "buyout" to buy all your existing work and designs,
relocation assistance, good benefits and the promise a good amount of
independence on the project, plus a fully equipped machine shop and access
to a dive boat any time you need it.
The downsides
All your work transfers ownership
Future developments may become proprietary and or classified depending which
means you can't really publish your work anymore.
I'm really caught with the whole idea of losing the ownership of work.
Would you jump on the opportunity or continue working as a hobbyist?
George H. Slaterpryce III
www.captovis.com
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