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Exclusive Field of Use An exclusive field of use license is granted to a licensee when a patent applies to more than one technology area. It gives the licensee an exclusive right to use the technology in a particular market segment. Geographic Exclusive A geographic exclusive license is usually offered for non-patent IP, such as a trademark where a geographic exclusive is more reasonable. Territories may be defined broadly or narrowly. Ocean Tomo Auction Patents in this category are available at the Ocean Tomo Spring 2008 live auction in San Francisco April 1 & 2, 2008. Paid Up License A paid up license is one where an unlimited right to use the technology described in a patent is granted to the licensee for a period of time - often the life of the patent. Royalty Bearing License A royalty bearing license is one where a fee is charged as a percentage of total sales or a fee per unit sold. Sale Assignee desires to sell this patent outright. Encumbrances to the patent may be disclosed in the Invention Summary or only available to serious buyers under NDA.