Detailed Information on Publication Record

Under the license agreement, the licensor provides the license in the agreed scope, and the licensee undertakes to pay agreed royalties or is entitled to use the license free of charge. Corporations administering on a long-term basis license agreements, concluded and/or renewed continuously before and after January 1, 2014, when the new Czech Civil Code entered into force, must face on a daily basis, simultaneous application of two dif-ferent regulation, as the agreements concluded previous to the above date are still gov-erned by the former Commercial Code, Act. No. 513/1991 Coll. The aim of the present paper is to compare the fundamental provisions of both regulations, at present simulta-neously applicable, in terms of the practical impact and consequences of this specificity onthe entrepreneurs and/or other entities administering license contracts. Subsequently it formulates recommendations aimed at mitigation of the difficulties that may result from this concurrent application by the subjects administering the license agreements