Exclusive License Agreement dated August 3, 1999. 13 pages
A Florida Exclusive License Agreement is a legally binding contract between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. This agreement grants emerge Interactive, Inc. the exclusive rights to commercialize a certain technology or intellectual property developed at SURF within the state of Florida. The Florida Exclusive License Agreement aims to establish a mutually beneficial partnership between SURF and emerge Interactive, Inc. It provides emerge Interactive, Inc. with the exclusive right to use, market, sell, sublicense, and further develop the licensed technology in the state of Florida, while protecting the rights and interests of SURF. By securing an exclusive license, emerge Interactive, Inc. gains a competitive advantage in the Florida market, as no other company will have the same rights to the specific technology being licensed. This agreement helps ensure that SURF's valuable intellectual property is managed and commercialized effectively, while allowing to emerge Interactive, Inc. to capitalize on the potential market opportunities in Florida. The terms and conditions of the Florida Exclusive License Agreement may vary depending on the specifics of the licensed technology and the negotiations between SURF and emerge Interactive, Inc. Some possible types of exclusive license agreements include: 1. Technology-specific Exclusive License Agreement: This type of agreement grants exclusive rights to a specific technology or invention developed by SURF, allowing to emerge Interactive, Inc. to commercialize it exclusively in Florida. 2. Field-specific Exclusive License Agreement: In this case, the exclusive license is granted for a particular field or industry, restricting competitors within that field from using the licensed technology in Florida. 3. Geographic-specific Exclusive License Agreement: This agreement allows emerging Interactive, Inc. to exclusively commercialize the licensed technology in Florida, while other entities may have rights to use it in other geographic regions. 4. Time-limited Exclusive License Agreement: In certain cases, the exclusivity period of the license may be limited to a specific time frame, after which SURF may choose to grant licenses to other parties in Florida. The Florida Exclusive License Agreement between SURF and emerge Interactive, Inc. serves to protect the interests of both parties and promote the successful commercialization of cutting-edge technologies developed at SURF within the state of Florida. It is an essential tool for fostering innovation, economic growth, and collaborative partnerships between academic institutions and private enterprises.
A Florida Exclusive License Agreement is a legally binding contract between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. This agreement grants emerge Interactive, Inc. the exclusive rights to commercialize a certain technology or intellectual property developed at SURF within the state of Florida. The Florida Exclusive License Agreement aims to establish a mutually beneficial partnership between SURF and emerge Interactive, Inc. It provides emerge Interactive, Inc. with the exclusive right to use, market, sell, sublicense, and further develop the licensed technology in the state of Florida, while protecting the rights and interests of SURF. By securing an exclusive license, emerge Interactive, Inc. gains a competitive advantage in the Florida market, as no other company will have the same rights to the specific technology being licensed. This agreement helps ensure that SURF's valuable intellectual property is managed and commercialized effectively, while allowing to emerge Interactive, Inc. to capitalize on the potential market opportunities in Florida. The terms and conditions of the Florida Exclusive License Agreement may vary depending on the specifics of the licensed technology and the negotiations between SURF and emerge Interactive, Inc. Some possible types of exclusive license agreements include: 1. Technology-specific Exclusive License Agreement: This type of agreement grants exclusive rights to a specific technology or invention developed by SURF, allowing to emerge Interactive, Inc. to commercialize it exclusively in Florida. 2. Field-specific Exclusive License Agreement: In this case, the exclusive license is granted for a particular field or industry, restricting competitors within that field from using the licensed technology in Florida. 3. Geographic-specific Exclusive License Agreement: This agreement allows emerging Interactive, Inc. to exclusively commercialize the licensed technology in Florida, while other entities may have rights to use it in other geographic regions. 4. Time-limited Exclusive License Agreement: In certain cases, the exclusivity period of the license may be limited to a specific time frame, after which SURF may choose to grant licenses to other parties in Florida. The Florida Exclusive License Agreement between SURF and emerge Interactive, Inc. serves to protect the interests of both parties and promote the successful commercialization of cutting-edge technologies developed at SURF within the state of Florida. It is an essential tool for fostering innovation, economic growth, and collaborative partnerships between academic institutions and private enterprises.