The Harris Texas Agreement between Inventor and Manufacturer Granting License to Manufacture Products from Invention is a legal document that outlines the terms and conditions for the licensing of an invention by an inventor to a manufacturer. This agreement grants the manufacturer the right to manufacture, market, and distribute products based on the inventor's invention, while ensuring that the inventor retains certain rights and protections. Key elements of this agreement include the identification and description of the invention, the scope and limitations of the license granted to the manufacturer, the duration of the license, and the financial arrangements between the parties. It also addresses issues such as quality control, intellectual property rights, confidentiality, termination, and dispute resolution. There are different types of Harris Texas Agreements between Inventor and Manufacturer Granting License to Manufacture Products from Invention, which may include: 1. Exclusive License Agreement: In this type of agreement, the inventor grants the manufacturer exclusive rights to manufacture and distribute products based on the invention. This means that the inventor cannot grant licenses to any other manufacturer during the duration of the agreement. 2. Non-Exclusive License Agreement: This agreement grants the manufacturer the non-exclusive right to manufacture and distribute products based on the invention. The inventor retains the right to grant licenses to other manufacturers as well. 3. Territory-Specific License Agreement: In this type of agreement, the license granted to the manufacturer is limited to a specific geographic territory, such as a country or region. This allows the inventor to grant licenses to other manufacturers outside the designated territory. 4. Limited Duration License Agreement: This agreement grants the manufacturer the right to manufacture and distribute products for a specified period of time. After the expiration of the agreed duration, the license may be renewable or terminated. 5. Royalty-Based License Agreement: In this type of agreement, the manufacturer agrees to pay the inventor royalties or a percentage of the sales generated from the licensed products. The specific royalty terms and payment schedule are detailed in the agreement. 6. Technology Transfer Agreement: This agreement involves the transfer of technology or know-how by the inventor to the manufacturer, in addition to the licensing of the invention. It may include provisions for technical assistance, training, and ongoing support from the inventor to ensure the successful manufacturing of the products. These various types of Harris Texas Agreements between Inventor and Manufacturer Granting License to Manufacture Products from Invention provide flexibility in the licensing arrangements and cater to the specific needs and preferences of both parties involved.
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.