I took note of this segment of the article:
"The licensor may require that the holder of an exclusive patent license agreement meets certain goals. This is often known as a minimum annual royalty provision. According to minimum annual royalty provisions for exclusive patent license agreements, an inventor may be expected to commercialize their patent within the first year or another designated time period.
They may be expected to reach a minimum amount of royalties within a time period. If they do not meet the royalty expectations, they could be asked to make up the difference with their own money. If the goal is not reached or the money is not somehow presented, the exclusive patent license could be terminated."
And this line too:
"The licensee and licensor may also enter an agreement to create improvements to an existing patent with exclusive rights."
Like Google would not be able to present the money or be able to make improvements to suit their wants/needs , LOL.
