Professional Documents
Culture Documents
Written by Robert Newkirk III, Dennis Schultz, and Leslie A. Thompson, Esq.
Table of Contents
03. Introduction
11. Timing & Term
04. Protecting Your Brand
13. Cost of IP Protection
07. Trademarks Versus Copyrights
15. Conclusion
09. Amateur Athletes
INTRODUCTION
3
Protecting Your Brand
4
P R O T E C T
5
P R O T E C T
Name Trademarking
5
Trademarks give you an exclusive right to use certain words, phrases, symbols, or designs to
identify your business. therefore, to trademark a name, you must:
In other words, you can trademark a business name, but not a name that you only use for
personal purposes. Before trademarking the name, it is important to have a formal plan of how
you intend on commercializing the name and also incorporate yourself to show intent of said use,
preferably in the same name.
6
Trademarks versus Copyrights
7
V E R S U S
Trademarks
| versus |
Copyrights
While both trademarks and copyrights
offer intellectual property protection,
they protect different types of assets.
8
Amateur Athlete Considerations
9
A M A T E U R
If you are an amateur / student athlete If you are an amateur athlete, your parents owns the trademark or have the trademark
seeking to trademark your name, your have the right to license and monetize your transferred to you for exclusive ownership.
amateur athlete status will not be trademark as long as none of the revenue The trademark holds the current and all
revoked. If the trademark seeker is a generated is directed to you. future intellectual property along with
minor, it is important to either have a revenue generated in past, current and
parent or guardian be the trademark Once you become a professional athlete, future licensing agreements.
owner, or incorporate yourself and have you can at that time take an ownership
the company be the owner. stake in the incorporated business that AAU Basketball
The current policy for AAU (Waiver /
Release Authorization to Use Likeness
Names, Voice and Words) does not restrict
players from trademarking their name.
10
broadcast to the Internet.
11
T I M I N G
Athletes are getting recruited by colleges and filing the application. The total application
professional teams as early as middle school. processing time may take from 6 months to a
You never know when your next social media year and in some instances. even longer.
post will go viral. Prepare yourself for future Overall processing time depends on your basis
success. for filing and any legal issues that arise in the
examination process.
Process
It is hard to predict how long it will take for an Term
application to mature into a registration since Once a trademark or service mark is placed on
many factors can affect the process. Generally, the U.S. Patent and Trademark Office's
an applicant will receive a filing receipt almost Principal Register, the owner receives a
instantly after filing. In addition, you should certificate of registration good for an initial term
receive an initial response from the US Patent of ten years.
and Trademark Office within three months of
12
Importance of IP Protection
versus Cost of IP Protection
12
13
C O S T
By Leslie A. Thompson, Esq. Circa 2003, an inventor named Telford stood to make millions if he had patented
Thornhill III approached a patent attorney his idea.
In 1826, an English chemist named with the idea of a touchscreen e-book that
John Walker invented the friction would eliminate the need for students to Two inventors. A century apart. One
matchstick by sheer accident. A stick carry multiple books, pagemarks, and page with means who did not think it was
coated with a chemical composition highlighters. This idea was the precursor of important to properly protect his invention.
ignited when inadvertently scraped across the iPad, Kindle, and the like. Even though One with limited resources who could not
the hearth in his house. Walker's discovery Microsoft had a tablet PC out at the time, it afford to properly protect his invention.
evolved into the friction matchstick made did not have the functionality of Thornhill's The latter is particularly troubling to me
from wood and the matchbox we know invention. He was passionate about the because I am the patent attorney that
today. He packaged and sold his idea, but at the time his conviction greatly Telford Thornhill III approached. That story
revolutionary invention from his own exceeded his financial resources. haunts me to this day. The mission of My
pharmacy. Against the frequent urging of Prosecuting a patent application with a IP is fueled by the desire to offer quality IP
others, Walker refused to patent his conventional law firm can cost thousands services at a fraction of the costs, thus
invention even though he was ostensibly a of dollars. The typical independent inventor affording the average entrepreneur,
man of means. In 1829 in London, an does not have the disposable income to inventor, or artist the opportunity to protect
opportunist named Samuel Jones pay for a properly drafted patent the creations of their mind and reap any
duplicated Walker's matchstick and started application. Pro se applicants often meet a financial windfall from those creations.
his own line of matchsticks. Billions of myriad of roadblocks they are not Being proactive about protecting your
matches are used annually today, but equipped to maneuver and often leave intellectual property now will save your
Walker never enjoyed the financial windfall their inventions exposed and ripe for immeasurable time, money, and litigation
he would have reaped if he had patented pirating. Even as a patent troll, Thornhill in the future.
his invention.
14
Conclusion
15
C O N C L U S I O N
MIXED/HYBRID REALITY
The merging of real and virtual worlds to produce new
environments and visualizations where physical and
digital objects co-exist and interact in real time. Mixed
reality takes place not only in the physical world or the
virtual world, but is a mix of reality and virtual reality,
encompassing both augmented reality and augmented
virtuality via immersive technology.
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protect and manage their brand. My IP Life provides cost effective and comprehensive services
by legal and intellectual property professionals, My IP Life takes the guesswork out of personal IP
control. My IP Life is a wholly owned subsidiary of Dark Hive, LLC which is headquartered in
Parsippany, NJ. To learn more about Dark Hive or My IP Life visit www.darkhive.co or www.myip.life.