What is the most important aspect of the licensing deal agreement explain?

The most important part of the licensing deal is the exchange of value. To obtain the right to use the licensor's intellectual property, the licensee pays a fee, called a royalty. When drafting a licensing agreement, there are several important issues to discuss.

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Acuerdo de Licencia para la comercialización de tecnologías para la...

West Virginia Acuerdo de Licencia para la comercialización de tecnologías para la potabilización del agua - License Agreement regarding the merchandising of technologies for purifying water

Name: West Virginia Acuerdo de Licencia para la comercialización de tecnologías para la potabilización del agua
Brand: US Legal Forms
Rating: 4.59 (440 reviews)

Category:

Licencias - Convenios - Potabilización de Aguas

State:

Multi-State

Control #:

US-EG-9436

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Instant download

Description

Acuerdo de licencia entre Water Technologies, Inc. y The University of South Florida Research Foundation, Inc. con respecto a la comercialización de tecnologías para purificar el agua con fecha de 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.

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How to fill out West Virginia Acuerdo De Licencia Para La Comercialización De Tecnologías Para La Potabilización Del Agua?

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FAQ

A merchandise license agreement describes the terms through which the owner of intellectual property, notably in the form of a trademark, service mark or copyright, grants a party, called the licensee, the right to use the property for distribution, marketing, and sale.

The most important part of the licensing deal is the exchange of value. To obtain the right to use the licensor's intellectual property, the licensee pays a fee, called a royalty. When drafting a licensing agreement, there are several important issues to discuss.

Elements of a standard licensing agreementName of Parties It includes the name and the place of residence of the parties. In case of a company, it also includes the act under which the company is registered. Tenure It specifies the term for which the license is granted by the licensor to the licensee.

Examples of Licensing Agreements 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.

As a general rule, any well-drafted license agreement should address the following topics:Scope of the grant.Term and renewal.Performance standards and quotas.Payments to the licensor.Quality control, assurance and protection.Insurance and indemnification.Accounting, reports and audits.More items...?

A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.

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.

Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights.Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.

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West Virginia Acuerdo de Licencia para la comercialización de tecnologías para la potabilización del agua - License Agreement regarding the merchandising of technologies for purifying water

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