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exclusive license means that the rights needed to publish the paper are granted to the journal owner on a nonexclusive basis and the ownership of the copyright remains unchanged. Select the correct form from the choice of two in the table below.
A transferable license is similar to a sublicensable one in that it can give the rights to a third party. The difference, however, is that if they transfer the license they no longer have the license themselves, they have essentially given up their rights to use the work and passed those rights to someone else.
exclusive license means that the licensor is allowing the licensee to use certain rights but is reserving the right to license those same rights to others. Nonexclusive licenses are most common and are frequently seen in the software context.
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.
A transfer is different from a sublicense, since once a license is transferred, the original licensee loses the right to use the license unless it receives a ?license back? from the transferee ? which is essentially a new sublicense from the transferee to the original licensee.
Transferable Licenses means the Licenses that may be transferred or assigned by Seller to Buyer without the payment of consideration or the assumption of additional liability by Seller.
Non-exclusive: A status in which the rights the agreement grants to the Licensee are available to others, reserving to the Licensor the right to give the same or similar rights to use the licensed materials to other parties. Non-transferable: See ?Non-assignable,? above.
Sublicensable means that the Seller or one of its Subsidiaries has the right to grant licenses or sublicenses to the Buyer within the scope granted herein without requiring any third party consent or resulting in the payment of royalties or other consideration by the Seller or its Subsidiaries to third parties.
exclusive license also has an expiration date. Meaning that it's only going to be valid for a set period of time. This could be anywhere between 110 years. After the contract period is due, the buyer has to renew the license.
When must a software license agreement be accepted when using proprietary software? A software license agreement is accepted before using the software. Correct. The proprietary software license agreement gives the purchaser the right to use the software.