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legal counsel for unm rainforest for about 30 years and im going to speak to you this morning about intellectual property license and option agreements and even though i represent unm rainforest innovations this morning my presentation is basically my comments theyre my own and they dont necessarily represent the users unm rainforest innovations and as as cecilia said if you have questions as were going along go ahead and raise your hand or write a chat note to celia and well try to address those uh as we go along the presentation this this morning is going to cover five areas were going to start with a discussion of the subject matter of the agreements a little background about patents and copyrights i think its important to understand a little bit about those because itll help you understand how they apply to a license agreement and how we use that in in doing our licensing transactions at unm rainforest then itll be a one slide that shows the usual transaction timeline uh