Agent's Fee Termination On Renewed License
Parties entered into a written
agreement (agent and client) that
agent to receive 1% fee of licensed
property that agent brought to the
client. License term was for 3 years
and upon the end, client renewed
directly with the licensor and
unilaterally terminated the 1%
agent's fee asserting that the
''license term had expired.'' Nothing
in the agreement provided for
continuation of fees, however, the
agreement stated that any changes
to the agreement which provided the
1% license fee to the agent would
require to be in writing and signed
both parties. Further, there was
continued business use of the license
from the end of the license period (3
years) to when it was renewed by
the client. Does the agent have a
legal claim on the 1% fee on the
second license term? Did the client
have the right to unilaterally
terminate the 1% agent's fee when
the license was renewed using the
similar licensed properties?