Hi all

 

One of my customers has asked to buy out the rights to one of my products. 
Currently there is only the one company using this.

 

Normally my projects do not include the source because previously another 
client took the source, developed his own application with my libraries and set 
up in competition with me. Cost me about £30k in lost business.

 

Previously when this happened I had one customer try to enforce "no writing 
software for 8 years after the sale" and another wanting 20% royalty on all 
derivative works which is basically everything and everybody. I told both of 
them where to go.

 

This new chap wants ownership of just the one product. The chap has said he 
will pay for this but I've no idea what to charge or what terms I should impose 
or accept.

 

Just wondering how to deal with this

 

Regards

Graham

 



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