Alaska Basic Nonexclusive Royalty Free Trademark License Agreement is a legal document that outlines the terms and conditions under which a trademark owner grants permission to another party to use their trademark. This agreement allows the licensee to use the trademark for a specific purpose and duration, while the licensor retains ownership and control. The Alaska Basic Nonexclusive Royalty Free Trademark License Agreement typically includes key provisions such as: 1. Parties and Effective Date: Clearly identifies the licensor (trademark owner) and licensee (party seeking permission to use the trademark) and specifies the date when the agreement comes into effect. 2. Grant of License: Clearly states that the licensor grants a nonexclusive license to the licensee to use the trademark within the specified jurisdiction, without the payment of royalties. 3. Licensed Trademark: Clearly identifies the trademark(s) that are part of the agreement, including any variations or logos associated with them. 4. Term and Termination: Specifies the duration of the license and conditions under which it can be terminated, including breaches of the agreement or expiration of the agreed-upon term. 5. Scope of Use: Outlines the permissible uses of the trademark, specifying the products, services, or promotional materials where the trademark can be utilized. 6. Quality Control: Includes provisions that allow the licensor to maintain control over the quality and consistency of the products or services associated with the licensed trademark. 7. Intellectual Property Rights: Ensures that the licensee acknowledges and respects the licensor's intellectual property rights, and prohibits any action that may harm the trademark's reputation or dilute its distinctiveness. 8. Indemnification: Requires the licensee to indemnify the licensor against any liability or damages arising from the use of the licensed trademark. 9. Governing Law and Jurisdiction: Specifies the laws of the state of Alaska that will govern the agreement and the court where any disputes will be resolved. 10. Entire Agreement: States that the agreement constitutes the entire understanding between the parties and supersedes any prior agreements or negotiations. It's important to note that while "Alaska Basic Nonexclusive Royalty Free Trademark License Agreement" is a general term, there may be specific variations or additional types for different industries or purposes, such as Alaska Basic Nonexclusive Royalty Free Trademark License Agreement for Software Developers, Alaska Basic Nonexclusive Royalty Free Trademark License Agreement for Merchandise Manufacturers, or Alaska Basic Nonexclusive Royalty Free Trademark License Agreement for Service Providers. These variations may include additional clauses tailored to the specific requirements of each industry.
Alaska Basic Nonexclusive Royalty Free Trademark License Agreement
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For example, a software company could grant a non-exclusive license to multiple companies to use their copyrighted software. In this case, multiple companies can use the software, but none of them have the right to take legal action against potential infringers.
Licensing involves obtaining permission from a company (licensor) to manufacture and sell one or more of its products within a defined market area. The company that obtains these rights (the licensee) usually agrees to pay a royalty fee to the original owner. Product licensing - Info entrepreneurs infoentrepreneurs.org ? product-licensing infoentrepreneurs.org ? product-licensing
Digital Rights the exclusive right to prepare, distribute, license, sub-license, lease, rent, exhibit, promote, market, advertise, publicize and/or otherwise exploit each Picture and/or any elements thereof as embodied therein, and to authorize others to do any or all of the foregoing, by and in connection with any and ...
Non-Exclusive Beat Licensing With a non-exclusive license, the producer grants the artist permission to use the beat to create a song of their own and distribute it online. The producer will still retain copyright ownership (more about this later) and the artist has to adhere to the rights granted in the agreement.
Exclusive Licence grants to the licensee the right to use the intellectual property, but means that the licensor remains free to exploit the same intellectual property and to allow any number of other licensees to also exploit the same intellectual property. Licensing ? Exclusive / NonExclusive / Sole Taylor Wessing taylorwessing.com ? synapse ? commerical_... taylorwessing.com ? synapse ? commerical_...
The "nonexclusive right to display, copy, publish, distribute, transmit and sell digital reproductions" means you are allowing your material to be sold elsewhere, by someone else. This does not mean that you will see any profits from these arrangements.
Exclusive and Non-Exclusive Licenses A copyright exclusive license is one in which ownership in one or more rights is transferred by the copyright owner. A copyright nonexclusive license occurs when the owner retains ownership of the copyright and/or may license the same right to others. Exclusive vs Non-Exclusive Licenses - Copyright Alliance copyrightalliance.org ? copyright-transfers ? excl... copyrightalliance.org ? copyright-transfers ? excl...
A license fee is typically a one-off payment, i.e., a fixed amount paid upfront. A royalty fee (royalties), on the other hand, are usage-based payments, i.e., continuous periodic fee payments. What Is a Licensing fee? - GoCardless gocardless.com ? en-us ? guides ? posts ? what-is-... gocardless.com ? en-us ? guides ? posts ? what-is-...
A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company. Licensing Agreement: Definition, Example, Types, and Benefits investopedia.com ? terms ? licensing-agree... investopedia.com ? terms ? licensing-agree...
exclusive licensing arrangement differs from an exclusive license because there are no limits on how many licenses can be given out to third parties. An author or company may choose to contract with multiple parties to try and recoup the highest amount of royalties or fees for licensing their IP. Non Exclusive License Agreement: Definition & Sample Contracts Counsel ? nonexclusivelicens... Contracts Counsel ? nonexclusivelicens...