Examlex
Controls should be timely.
Compulsory Licence
A directive by the Commissioner of Patents requiring the patentee to license others to produce a product for the general benefit of the public.
Beneficiary
A person designated to receive benefits from an insurance policy, trust, or will upon certain conditions, such as the death of the policyholder.
Patent Holder
An individual or entity that legally owns the rights to an invention or process granted by a patent.
Patent Pending
A status indicating that a patent application has been filed but not yet granted.
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