A Kentucky Exclusive License Agreement is a legally binding contract established between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. This agreement grants emerge Interactive exclusive rights to certain intellectual property developed or owned by SURF within the state of Kentucky. Under this agreement, emerge Interactive obtains sole permission to utilize, sell, market, or sublicense the licensed technology within the specified geographical boundaries. The agreement ensures that no other entity can benefit from or exploit the intellectual property covered by the agreement in Kentucky without the explicit consent of emerge Interactive. The Kentucky Exclusive License Agreement between SURF and emerge Interactive is designed to protect the interests of both parties involved. SURF, as the licensing entity, ensures that its intellectual property is effectively commercialized, benefiting both the university and its researchers. On the other hand, emerge Interactive gains a competitive advantage by securing exclusive rights to the licensed technology, enabling them to establish a dominant position in the Kentucky market. There may be different types of Kentucky Exclusive License Agreements between SURF and emerge Interactive, depending on the specific technologies or intellectual property being licensed. These agreements may differ in scope, duration, or exclusivity. For example, the agreement could cover patents related to medical devices, software algorithms, or agricultural technologies. Each agreement will be tailored to the respective technology and the parties' specific requirements and expectations. Overall, the Kentucky Exclusive License Agreement between SURF and emerge Interactive forms a crucial foundation for technology transfer, promoting innovation, economic growth, and collaboration between academia and industry.
Kentucky Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.
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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.
EULA and privacy policy are related in that an EULA is signed to show a consumer agrees with the company's privacy policy. An End-User License Agreement (EULA), or software agreement, is a contract between the person or company purchasing the product and the company or licensor.
Generally speaking, EULAs are enforceable contracts, to the extent that any other contract is enforceable (at least in the U.S.). Obviously, the usual exceptions apply, such as unconscionability and UCC limitations on warranty waivers and such.
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 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 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).
An end-user license agreement or EULA (/?ju?l?/) is a legal contract between a software supplier and a customer or end-user, generally made available to the customer via a retailer acting as an intermediary. A EULA specifies in detail the rights and restrictions which apply to the use of the software.
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.