Texas Acuerdo entre el inventor y el fabricante que otorga licencia para fabricar productos a partir de la invención - Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention

• Category: Contratos - Invenciones
• State: Multi-State
• Control #: US-1036BG
• Format: Word

Description

Licencia A Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention is a legally binding contract that outlines the terms and conditions under which an inventor grants a license to a manufacturer to produce and distribute products based on their invention in the state of Texas. This agreement aims to protect the rights and interests of both the inventor and manufacturer involved in the licensing process. The agreement typically includes several key elements and clauses: 1. Parties involved: The agreement begins by identifying the inventor, who is the owner of the invention and the manufacturer, who intends to obtain the license to manufacture the products based on the invention. 2. Recitals: This section provides a background and context for the agreement, describing the invention and its potential market value. 3. Grant of License: The agreement clearly defines the scope of the license being granted, including the specific rights given to the manufacturer, such as the right to manufacture, use, distribute, and sell the products based on the invention. The agreement can also specify exclusivity or non-exclusivity of the license. 4. License Fee: The agreement may outline the financial terms, such as the license fee to be paid by the manufacturer to the inventor. This can be a one-time payment or periodic royalties based on sales volume or other agreed-upon terms. 5. Quality Control: This clause ensures that the manufacturer adheres to specific quality standards and procedures for manufacturing the products. The agreement may include provisions for inspections, testing, and supervision by the inventor to maintain the desired quality. 6. Intellectual Property Rights: This section addresses the ownership and protection of intellectual property rights associated with the invention. It can state that the inventor retains ownership of the patent, copyright, and other relevant intellectual property rights. 7. Term and Termination: The agreement establishes the duration of the license grant and conditions for termination, such as breaches of the agreement, bankruptcy, or upon agreement between the parties. 8. Governing Law and Jurisdiction: This clause specifies that the agreement is governed by the laws of the state of Texas and any disputes arising will be subject to the jurisdiction of Texas courts. Types of Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention: 1. Exclusive License Agreement: This agreement grants exclusive rights to the manufacturer, prohibiting the inventor from granting licenses to any other party in the defined territory or market segment. 2. Non-Exclusive License Agreement: In this case, the inventor retains the right to grant licenses to other manufacturers, allowing multiple manufacturers to produce and distribute products based on the invention. 3. Limited License Agreement: This type of agreement restricts the license grant to a specific time period, geographic area, or a particular field of use. 4. Sublicense Agreement: This agreement allows the original manufacturer licensee to grant sublicenses to other parties, expanding the reach and distribution network for the invention. In summary, a Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention is a comprehensive contract defining the terms, rights, and obligations between an inventor and a manufacturer seeking to produce and distribute products based on the inventor's invention.

A Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention is a legally binding contract that outlines the terms and conditions under which an inventor grants a license to a manufacturer to produce and distribute products based on their invention in the state of Texas. This agreement aims to protect the rights and interests of both the inventor and manufacturer involved in the licensing process. The agreement typically includes several key elements and clauses: 1. Parties involved: The agreement begins by identifying the inventor, who is the owner of the invention and the manufacturer, who intends to obtain the license to manufacture the products based on the invention. 2. Recitals: This section provides a background and context for the agreement, describing the invention and its potential market value. 3. Grant of License: The agreement clearly defines the scope of the license being granted, including the specific rights given to the manufacturer, such as the right to manufacture, use, distribute, and sell the products based on the invention. The agreement can also specify exclusivity or non-exclusivity of the license. 4. License Fee: The agreement may outline the financial terms, such as the license fee to be paid by the manufacturer to the inventor. This can be a one-time payment or periodic royalties based on sales volume or other agreed-upon terms. 5. Quality Control: This clause ensures that the manufacturer adheres to specific quality standards and procedures for manufacturing the products. The agreement may include provisions for inspections, testing, and supervision by the inventor to maintain the desired quality. 6. Intellectual Property Rights: This section addresses the ownership and protection of intellectual property rights associated with the invention. It can state that the inventor retains ownership of the patent, copyright, and other relevant intellectual property rights. 7. Term and Termination: The agreement establishes the duration of the license grant and conditions for termination, such as breaches of the agreement, bankruptcy, or upon agreement between the parties. 8. Governing Law and Jurisdiction: This clause specifies that the agreement is governed by the laws of the state of Texas and any disputes arising will be subject to the jurisdiction of Texas courts. Types of Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention: 1. Exclusive License Agreement: This agreement grants exclusive rights to the manufacturer, prohibiting the inventor from granting licenses to any other party in the defined territory or market segment. 2. Non-Exclusive License Agreement: In this case, the inventor retains the right to grant licenses to other manufacturers, allowing multiple manufacturers to produce and distribute products based on the invention. 3. Limited License Agreement: This type of agreement restricts the license grant to a specific time period, geographic area, or a particular field of use. 4. Sublicense Agreement: This agreement allows the original manufacturer licensee to grant sublicenses to other parties, expanding the reach and distribution network for the invention. In summary, a Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention is a comprehensive contract defining the terms, rights, and obligations between an inventor and a manufacturer seeking to produce and distribute products based on the inventor's invention.

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.