North Carolina Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. The North Carolina Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a legally binding contract granting emerge Interactive, Inc. the exclusive rights to license certain research, technology, or intellectual property developed by Iowa State University Research Foundation, Inc. in the state of North Carolina. This agreement outlines the terms and conditions under which emerge Interactive, Inc. can use, commercialize, and protect the licensed intellectual property within the designated territory. Keywords: North Carolina, Exclusive License Agreement, Iowa State University Research Foundation, Inc., emerge Interactive, Inc., research, technology, intellectual property, commercialize, territory, terms and conditions, protect Types of North Carolina Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc.: 1. Technology License Agreement: This type of agreement grants emerge Interactive, Inc. the exclusive rights to license and utilize specific technologies developed by Iowa State University Research Foundation, Inc. within North Carolina. It allows emerging Interactive, Inc. to commercialize the technology, develop related products or services, and obtain any necessary patents or intellectual property rights. 2. Patent License Agreement: This agreement gives emerge Interactive, Inc. the exclusive rights to license and monetize specific patents owned by Iowa State University Research Foundation, Inc. within the state of North Carolina. It allows emerging Interactive, Inc. to enforce the patent rights, prohibit others from using or selling the patented technology, and potentially generate revenue through licensing agreements or legal actions. 3. Software License Agreement: This type of agreement allows emerging Interactive, Inc. to exclusively license and distribute certain software developed by Iowa State University Research Foundation, Inc. within North Carolina. It outlines the terms for using, distributing, and modifying the software, as well as any limitations or restrictions imposed by the licensor. 4. Trademark License Agreement: This agreement grants emerge Interactive, Inc. the exclusive rights to use and license specific trademarks owned by Iowa State University Research Foundation, Inc. in connection with their products or services in North Carolina. It establishes the scope of use, quality control requirements, and any royalty or licensing fees associated with the trademark. Note: The specific types of North Carolina Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. may vary depending on the nature of the intellectual property being licensed and the objectives of both parties involved.
North Carolina Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.
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How to fill out North Carolina Exclusive License Agreement Between Iowa State University Research Foundation, Inc. And EMerge Interactive, Inc.?
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Exclusive and Non-Exclusive Licenses A copyright exclusive license is one in which ownership in one or more rights is transferred by the copyright owner. A copyright nonexclusive license occurs when the owner retains ownership of the copyright and/or may license the same right to others.
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.
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.
The key difference between a license and an assignment is that an assignment transfers rights away from the original copyright or patent holder. Whereas the licensor retains ownership of the intellectual property rights, the assignor gives up the rights entirely.
The main difference between an assignment and an exclusive license is that an assignment transfers ownership of the copyright to the assignee, whereas an exclusive license grants a limited property interest in the same but not the ownership.
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).