This form is a License and Services Agreement. The form provides that the receiving party acknowledges that due to the unique nature of the disclosing party's proprietary information, there can be no adequate remedy at law for any breach of its obligations. Therefore, the disclosing party will be entitled to equitable relief. The agreement also provides that the parties are independent contractors and have no right or authority to bind the other in any way.
Arkansas License and Services Agreement
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What Do You Need To Become a General Contractor in Arkansas?Complete your application.Appropriate business style affidavit and affidavit regarding bidding.Filing Fee.Three written references.Copy of Arkansas Business and Law passing test score.Contractor's Bond.An Independent CPA report.Copy of Articles/Filings.
To perform commercial or residential construction work in Arkansas over a certain dollar amount, you must obtain a license from the Arkansas Contractors Licensing Board.
Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.
A licence may be for a fixed term or ongoing. Unlike a lease, a licence does not grant the tenant 'exclusive possession' of the property. A licence is merely a right to occupy. Leases provide the tenant with more flexibility in terms of their enjoyment of land and any alterations which they may wish to make.
How to get a General Contractor's License in Arkansas?Step 1: Make an Appointment to meet with a State Licensing Board Inspector.Step 2: Submit your License Application Form along with Required Documents.Step 3: Wait for your License.Step 4: Receive your Arkansas General Contractors License.
Key Takeaways. 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.
What are the requirements to get a general contractor license in Arkansas?A completed application for the specific license type.A $100 filing fee.Three references who can verify work experience and aren't related to you.A $10,000 contractors' bond (for commercial license applicants only)More items...?
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
A. No. A home owner does not have to have a license to do his or her own "home improvement" work. However, any contractor you hire to work on the project will need a license if the cost of the work, labor and material, is more than $2,000.
The license agreement defines the limits and restrictions of the royalties, such as its geographic limitations, the duration of the agreement, and the type of products with particular royalty cuts.
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