New York Nonexclusive License Agreement for Process Patent, Know How and Trademark is a legal document that outlines the terms and conditions under which the owner of a process patent, valuable know-how, or trademark grants permission to another party to use, sell, or distribute their intellectual property on a nonexclusive basis. This type of agreement serves as a crucial tool for enabling business collaborations and partnerships, allowing parties to benefit mutually from the licensed property. The New York Nonexclusive License Agreement offers various types depending on the specific intellectual property being licensed. Below are a few common variations: 1. Nonexclusive License Agreement for Process Patent: This type of agreement grants a licensee permission to use a specific process patent developed by the licensor. It outlines the terms of use, limitations, patent infringement protocols, royalties, and any other relevant provisions related to the process. 2. Nonexclusive License Agreement for Know-How: This agreement allows the licensee access to valuable proprietary information, expertise, technical knowledge, or trade secrets owned by the licensor. The agreement stipulates the permitted scope of use, obligations to maintain confidentiality, restrictions on sublicensing, royalties, and other key conditions. 3. Nonexclusive License Agreement for Trademark: This agreement permits the licensee to use a registered trademark, brand name, logo, or other distinct symbols owned by the licensor. It outlines the licensee's rights to utilize the trademark, marketing and promotional restrictions, quality control provisions, royalties, and any additional provisions specific to the trademark. 4. Composite Nonexclusive License Agreement: In some cases, a combination of Process Patent, Know-How, and Trademark licenses may be desired or necessary. A composite nonexclusive license agreement brings together all three forms of intellectual property into a single contract, enabling the licensee to access and utilize them concurrently. Important Keywords: New York, Nonexclusive License Agreement, Process Patent, Know-How, Trademark, intellectual property, legal document, terms and conditions, collaboration, partnership, license, permissions, royalties, proprietary information, trade secrets, brand name, logo, symbols, rights, marketing, quality control, composite agreement, patent infringement.
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.