Virgin Islands Know-How License and Technical Assistance Agreement

State:
Multi-State
Control #:
US-1009BG
Format:
Word; 
Rich Text
Instant download

Description

A Know-How License and Technical Assistance Agreement is an agreement granting a company a license to commercialize products incorporating the licensor's technology.
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FAQ

A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.

This agreement comes in the form of an Access Licence which legally grants the owner undertaking the work, access onto the neighbouring owner's land for a specified period of time subject to a number of considered conditions.

A Technical Assistance Agreement is a short-term agreement that allows a Federal laboratory and its researchers to provide technical, research or other resources to a non-Federal party with or without reimbursement 15 U.S.C § 3710a (b) (3) (A).

What type of activities does a license agreement restrict? You do not have the right to copy, loan, borrow, rent, or in any way distribute programs or apps. Doing so, is a violation of copyright law; it is also a federal crime.

Examples of licenses include a company using the design of a popular character, e.g. Mickey Mouse, on their products. Another example would be a clothing manufacturer like Life is Good licensing its designs and brand in a certain country to a local company.

Licensing agreements are found in many different industries. An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.

Types of licensing agreement The unique feature of this type of agreement is that even the licensor is excluded to use or exploit the licensed property during the term of the agreement. Copyright, trademark and patent licenses are the best examples of an exclusive license agreement.

Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.

Outside commercial marketing and/or would be considered proprietary than it needs to be controlled by a TAA. with the foreign nationals. If there are subs or vendors that will NEVER interact with the foreign nationals they do not have to be on the TAA.

Technical assistance, also known as TA and commonly referred to as consulting, is the process of providing targeted support to an organization with a development need or problem. It is an effective method for building the capacity of an organization.

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Virgin Islands Know-How License and Technical Assistance Agreement