License Within

State:
Multi-State
Control #:
US-02402BG
Format:
Word; 
PDF; 
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Description Licensee Statement

Assignment in legal terms means the transfer of a property right or title to some particular person under an agreement. A license 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.
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