By a technology licensing agreement the licensor authorizes the licensee to use the technology under certain agreed terms and conditions. It is, therefore, a contract freely entered into between two parties and contains terms and conditions so agreed.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A Minnesota Technology License Agreement with a Research Organization as Licensor is a legal document that outlines the terms and conditions under which a research organization licenses its technology to a third party. This agreement is specifically applicable to technology developed or owned by research organizations located in the state of Minnesota. The purpose of this agreement is to grant the licensee the rights to use, develop, and commercialize the licensed technology for a specific purpose or field of application. The licensor, typically a research organization such as a university or scientific institution, transfers its intellectual property rights to the licensee, enabling them to exploit the technology for business purposes. Keywords: Minnesota, technology license agreement, research organization, licensor, licensee, intellectual property rights, commercialize, university, scientific institution, technology transfer, business purposes. There can be different types of Minnesota Technology License Agreements with a Research Organization as Licensor, including: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to use, develop, and commercialize the licensed technology within a defined field of use. The licensor agrees not to license the technology to any other party for the same purpose during the agreement's duration. 2. Non-Exclusive License Agreement: In contrast to an exclusive license, a non-exclusive license agreement allows the licensor to grant multiple licenses for the same technology to different parties. The licensee gains the rights to use, develop, and commercialize the technology but does not have exclusive control over it. 3. Field-Limited License Agreement: This type of agreement restricts the usage of the licensed technology to a specific field, application, or industry. The licensee can only utilize the technology within the specified boundaries, while the licensor retains the right to license it to others outside that field. 4. Territory-Limited License Agreement: In this agreement, the licensor grants the licensee the rights to exploit the technology only within a particular geographic region, such as Minnesota or a specific county or city. The licensor may reserve the right to license the technology to other parties in different territories. 5. Research and Development Agreement: This agreement is a subset of the technology license agreement and focuses on collaboration between the research organization and the licensee. It outlines the terms for the licensee's participation in joint research and development efforts related to the licensed technology. It is essential for all parties involved in a Minnesota Technology License Agreement with a Research Organization as Licensor to carefully review and negotiate the terms to ensure both parties' rights and obligations are clearly defined and protected.
A Minnesota Technology License Agreement with a Research Organization as Licensor is a legal document that outlines the terms and conditions under which a research organization licenses its technology to a third party. This agreement is specifically applicable to technology developed or owned by research organizations located in the state of Minnesota. The purpose of this agreement is to grant the licensee the rights to use, develop, and commercialize the licensed technology for a specific purpose or field of application. The licensor, typically a research organization such as a university or scientific institution, transfers its intellectual property rights to the licensee, enabling them to exploit the technology for business purposes. Keywords: Minnesota, technology license agreement, research organization, licensor, licensee, intellectual property rights, commercialize, university, scientific institution, technology transfer, business purposes. There can be different types of Minnesota Technology License Agreements with a Research Organization as Licensor, including: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to use, develop, and commercialize the licensed technology within a defined field of use. The licensor agrees not to license the technology to any other party for the same purpose during the agreement's duration. 2. Non-Exclusive License Agreement: In contrast to an exclusive license, a non-exclusive license agreement allows the licensor to grant multiple licenses for the same technology to different parties. The licensee gains the rights to use, develop, and commercialize the technology but does not have exclusive control over it. 3. Field-Limited License Agreement: This type of agreement restricts the usage of the licensed technology to a specific field, application, or industry. The licensee can only utilize the technology within the specified boundaries, while the licensor retains the right to license it to others outside that field. 4. Territory-Limited License Agreement: In this agreement, the licensor grants the licensee the rights to exploit the technology only within a particular geographic region, such as Minnesota or a specific county or city. The licensor may reserve the right to license the technology to other parties in different territories. 5. Research and Development Agreement: This agreement is a subset of the technology license agreement and focuses on collaboration between the research organization and the licensee. It outlines the terms for the licensee's participation in joint research and development efforts related to the licensed technology. It is essential for all parties involved in a Minnesota Technology License Agreement with a Research Organization as Licensor to carefully review and negotiate the terms to ensure both parties' rights and obligations are clearly defined and protected.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.