Broward Florida Technology License Agreement with a Research Organization as Licensor A Broward Florida Technology License Agreement with a Research Organization as Licensor is a legal document that outlines the terms and conditions under which a technology developed by a research organization located in Broward County, Florida, is licensed to another party. This type of agreement allows the licensee to utilize and commercialize the technology for specific purposes while ensuring that the intellectual property rights of the research organization are protected. Keywords: Broward Florida, technology license agreement, research organization, licensor, licensee, technology commercialization, intellectual property rights. Types of Broward Florida Technology License Agreements with a Research Organization as Licensor: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to the technology within a defined field or geographic region. The research organization agrees not to license the technology to any other party within the same field or region. 2. Non-Exclusive License Agreement: In a non-exclusive license agreement, the research organization can grant licenses to multiple licensees for the same technology. The licensee does not have exclusivity and may face competition from other parties utilizing the technology. 3. Field-of-Use License Agreement: A field-of-use license agreement restricts the licensee's rights to a specific field or industry. This type of agreement allows the licensor to grant licenses for different fields to multiple licensees, enabling broader application and commercialization of the technology. 4. Evaluation License Agreement: An evaluation license agreement is a temporary license granted to the licensee to assess the potential of the technology. It allows the licensee to conduct research, analysis, and testing before deciding on a broader commercialization agreement. 5. Option Agreement: An option agreement provides the licensee with the right to negotiate a more comprehensive license agreement with exclusive or non-exclusive rights after a specified evaluation period. It gives the licensee the flexibility to assess the commercial viability of the technology before committing to a long-term agreement. In summary, a Broward Florida Technology License Agreement with a Research Organization as Licensor establishes the rights and obligations of both the research organization and the licensee in the commercialization of technology developed within Broward County. Different types of agreements allow for variations in exclusivity, field of use, and evaluation periods to meet the specific needs of the parties involved in the licensing process.
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.