Hawaii Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. Description: A Hawaii Exclusive License Agreement refers to a contractual agreement between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. (emerge) granting exclusive rights to emerge for the commercialization and use of certain intellectual property or technology developed by SURF within the state of Hawaii. This agreement aims to foster collaboration, innovation, and economic growth by allowing to emerge to develop, market, and utilize the intellectual property in specified fields, industries, or territories exclusively within Hawaii. Keywords: — Hawaii: Referring to the state of Hawaii, this keyword emphasizes the geographical scope of the agreement, highlighting that the exclusivity of the license is limited to this particular region. — Exclusive License Agreement: The primary type of agreement being discussed, it signifies that emerge holds the exclusive rights to use and commercialize the intellectual property owned by SURF. — Iowa State University Research Foundation, Inc. (SURF): The organization representing Iowa State University's research initiatives and intellectual property rights. emergege Interactive, Inc.: The company that is being granted the exclusive license to utilize the intellectual property within Hawaii. — Commercialization: The process of bringing a product or technology to the market for financial gain. — Intellectual Property: Refers to any intangible creation or invention, including patents, copyrights, trademarks, trade secrets, or other proprietary information. — Technology: In the context of the agreement, it signifies the specific innovation, invention, or research output that is being licensed by SURF to emerge. — Collaboration: The act of working together to achieve a common goal, highlighting the partnership between SURF and emerge. Different Types of Hawaii Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc.: 1. Field-Specific Exclusive License Agreement: This type of agreement grants emerge the exclusive rights to use and commercialize the intellectual property in a specific field or industry within Hawaii. For example, an agreement may focus on a technology's application in agriculture or healthcare. 2. Territory-Specific Exclusive License Agreement: In this case, the agreement grants emerge exclusive rights to utilize the intellectual property specifically within Hawaii, excluding other locations or territories. This type of agreement acknowledges the unique market and opportunities present in Hawaii for the particular intellectual property. 3. Time-Limited Exclusive License Agreement: This agreement provides emerge with exclusive rights for a specific period, after which the license may expire, or non-exclusive rights may be granted to other parties. This type of agreement could be beneficial when the exclusivity period is required for initial market penetration or investment recovery. 4. Exclusive License Agreement with Royalties: This type of agreement may involve emerge paying royalties or a percentage of the revenue generated from the licensed intellectual property to SURF. The royalties serve as a compensation mechanism for SURF's contribution to the development and maintenance of the intellectual property. Note: The specific agreements between SURF and emerge can vary based on the nature of the intellectual property, emerges business objectives, and the mutually agreed terms and conditions.
Hawaii Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.
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How to fill out Hawaii Exclusive License Agreement Between Iowa State University Research Foundation, Inc. And EMerge Interactive, Inc.?
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