What should Mr. Rogers do next? Why? Mr. Rogers created his first board game, registered his copyrights, and submitted the title of the game for trademark protection. Mr. Rogers has also contacted several toy companies to see if they are interested in his game idea. After about two months, Mr. Rogers received a call from an executive from one of the companies, Mr. John Rubrik. Mr. Rogers set up an appointment to meet with him and discuss his project over lunch. Several days later, Mr. Rogers meet Mr. Rubrik at his very impressive office. Mr. Rubrik-John as he's asked Mr. Rogers to call him-is very nice. He gives Mr. Rogers a full tour of the manufacturing plant, shows Mr. Rogers some of the latest projects they are working on, and even gives Mr. Rogers a few toys to take home for his daughter. After that, he drives Mr. Rogers over to a very nice restaurant for a delicious meal. Over lunch, John tells Mr. Rogers that his company is very interested in your idea, that they think it will be a big success, and that they would like to license it from you. Mr. Rogers is, of course, interested and begins negotiating. As it turns out, John is really easy to negotiate with. He agrees with just about all of Mr. Rogers conditions and offers a larger than expected advance on royalties with modest royalty payments after that. He even asks Mr. Rogers if he thinks the playing pieces would look nicer in antiqued metal or cast glass. By that afternoon, you have reached an agreement on every possible detail and shake on it. John says he will send a copy of the licensing agreement to Mr. Rogers the next morning. As soon as Mr. Rogers signs and returns it, the company will issue a check for his advance. Well, Mr. Rogers is so excited that he barely slept that night. At ten o'clock the next morning an overnight delivery package arrives at Mr. Rogers door with the contract and a prepaid return envelope. There is a friendly note from John suggesting that Mr. Rogers might consider a job with them and asking that Mr. Rogers come to them with any new ideas first. Then, Mr. Rogers takes a look at the contract. Mr. Rogers read through it. It looks great. Everything is laid out as discussed over lunch, the money and everything else, right down to the playing pieces being made of polished glass. Then Mr. Rogers noticed a single line toward the end of the contract that says, "all rights convey to the licensee." Mr. Rogers think to himself, "it's just some standard legal jargon" as Mr. Rogers pick up his pen, but he hesitates before signing.