Practice question
A voluntary technology-transfer arrangement contains a clause requiring free transfer of licensee improvements to the licensor and omits applicable mandatory provisions. It has no exceptional approval and registration under Section 91. The parties say signatures alone make every term enforceable despite Sections 87-88. Which is best?
- Every signed agreement overrides the IP Code
- Section 92 makes nonconforming arrangements unenforceable absent the specified exceptional approval and registration
- Only foreign signatures count
- The agreement automatically becomes a statute
- The licensee loses all inventions regardless of law
Legal references
- RA 8293 Sections 85-92: https://lawphil.net/statutes/repacts/ra1997/ra_8293_1997.html
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