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Arkansas Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.

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Exclusive License Agreement dated August 3, 1999. 13 pages

The Arkansas Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a legally binding contract that grants emerge Interactive, Inc. exclusive rights to intellectual property developed by Iowa State University Research Foundation, Inc. in the state of Arkansas. This agreement ensures that emerge Interactive, Inc. has the sole right to use, reproduce, commercialize, and sublicense the licensed intellectual property in Arkansas, while Iowa State University Research Foundation, Inc. retains ownership and certain limited rights. Keywords: Arkansas Exclusive License Agreement, Iowa State University Research Foundation, emerge Interactive, intellectual property, exclusive rights, sublicense, commercialize Different types of Arkansas Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. may include: 1. Technology License Agreement: An agreement that grants emerge Interactive, Inc. exclusive rights to commercialize a specific technology developed by Iowa State University Research Foundation, Inc. in Arkansas. 2. Patent License Agreement: A license agreement that provides emerge Interactive, Inc. exclusive rights to use and sublicense a specific patent or group of patents owned by Iowa State University Research Foundation, Inc. within Arkansas. 3. Trademark License Agreement: This type of agreement allows emerging Interactive, Inc. exclusive rights to use and sublicense specific trademarks owned by Iowa State University Research Foundation, Inc. in relation to their products or services within the state of Arkansas. 4. Copyright License Agreement: An agreement that grants emerge Interactive, Inc. exclusive rights to use, reproduce, distribute, display, and sublicenses copyrighted materials created by Iowa State University Research Foundation, Inc. specifically for use within Arkansas. These are just a few examples of possible types of Arkansas Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. The specific terms and conditions of each agreement may vary depending on the nature of the intellectual property being licensed and the intended use bye Merge Interactive, Inc.

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FAQ

A licence is analogous to the renting of a flat whereby the tenant is granted permission to use the flat for an agreed period of time. A licence can be exclusive or non-exclusive. An exclusive licence is one where the licensed right is exercisable only by the licensee and no one else (including the licensor).

Exclusive license allows a licensor to share intellectual property with a licensee for a specific period of time that usually binds the licensor to not share the property with anyone else. exclusive license | Wex | US Law | LII / Legal Information Institute cornell.edu ? wex ? exclusive_license cornell.edu ? wex ? exclusive_license

Exclusive license allows a licensor to share intellectual property with a licensee for a specific period of time that usually binds the licensor to not share the property with anyone else.

An Exclusive Licence means that no person or company other than the named licensee can exploit the relevant intellectual property rights. Importantly, the licensor is also excluded from exploiting the intellectual property rights.

The key difference between a license and an assignment is that an assignment transfers rights away from the original copyright or patent holder. Whereas the licensor retains ownership of the intellectual property rights, the assignor gives up the rights entirely. Assignments and Licensing of Intellectual Property - KPPB LAW kppblaw.com ? intellectual-property ? assig... kppblaw.com ? intellectual-property ? assig...

These are some common types of licensing agreements: Trademark license - outlines how you may use a trademark Patent license - outlines your right to sell, use, make distribute and export a product that is patented Copyright license - outlines your right to reproduce and sell copyrighted assets.

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Arkansas Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.