Stout has been engaged by a U.S. publicly traded technology company to perform ongoing contract compliance reviews of its portfolio of licensees. One aspect of the compliance review projects is to verify that the component of the finished goods includes only the licensed technologies and are only distributed at each product stage to authorized distributors, agents, and/or finished goods manufacturers within their worldwide ecosystem. The purpose of the compliance review is to help protect the company’s technologies and brand from infringing uses as well as their licensees from non-authorized vendors’ unfair competition for selling the unlicensed goods. These audit matters generally involve licensees located in Taiwan and China.

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