Exclusive License Agreement dated August 3, 1999. 13 pages
Nebraska Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. A Nebraska Exclusive License Agreement is a legally binding contract established between the Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. This agreement grants emerge Interactive exclusive rights to utilize, commercialize, and exploit the intellectual property associated with a particular innovation or technology developed by Iowa State University Research Foundation, Inc. within the state of Nebraska. This agreement serves as a means to facilitate the transfer of novel technologies from the academic realm to the commercial market, promoting innovation and economic growth. Through this Nebraska Exclusive License Agreement, emerge Interactive receives exclusive licensing rights to the intellectual property, allowing them to create, develop, market, sell, and distribute products or services based on the licensed technology. This exclusivity prevents any other entities from using or distributing the technology within Nebraska without the explicit consent of emerge Interactive, giving the company a competitive advantage in the marketplace. The agreement typically outlines specific terms and conditions governing the relationship between the two parties, defining the scope and duration of the license, the payment structure, confidentiality provisions, and other obligations and responsibilities. The parties involved negotiate these terms to ensure the agreement aligns with their respective needs and objectives. Different types of Nebraska Exclusive License Agreements may exist based on the nature of the technology being licensed. For example, there could be agreements specifically focused on software, biotechnology, pharmaceuticals, or engineering innovations. Each agreement will address the unique aspects and requirements related to the specific technology being licensed, tailoring the terms and conditions accordingly. In conclusion, the Nebraska Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a crucial instrument in facilitating the transfer of technology from academia to the commercial sector. It grants emerge Interactive exclusive rights within Nebraska to commercialize and exploit the licensed intellectual property, promoting innovation and economic advancement in the state.
Nebraska Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. A Nebraska Exclusive License Agreement is a legally binding contract established between the Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. This agreement grants emerge Interactive exclusive rights to utilize, commercialize, and exploit the intellectual property associated with a particular innovation or technology developed by Iowa State University Research Foundation, Inc. within the state of Nebraska. This agreement serves as a means to facilitate the transfer of novel technologies from the academic realm to the commercial market, promoting innovation and economic growth. Through this Nebraska Exclusive License Agreement, emerge Interactive receives exclusive licensing rights to the intellectual property, allowing them to create, develop, market, sell, and distribute products or services based on the licensed technology. This exclusivity prevents any other entities from using or distributing the technology within Nebraska without the explicit consent of emerge Interactive, giving the company a competitive advantage in the marketplace. The agreement typically outlines specific terms and conditions governing the relationship between the two parties, defining the scope and duration of the license, the payment structure, confidentiality provisions, and other obligations and responsibilities. The parties involved negotiate these terms to ensure the agreement aligns with their respective needs and objectives. Different types of Nebraska Exclusive License Agreements may exist based on the nature of the technology being licensed. For example, there could be agreements specifically focused on software, biotechnology, pharmaceuticals, or engineering innovations. Each agreement will address the unique aspects and requirements related to the specific technology being licensed, tailoring the terms and conditions accordingly. In conclusion, the Nebraska Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a crucial instrument in facilitating the transfer of technology from academia to the commercial sector. It grants emerge Interactive exclusive rights within Nebraska to commercialize and exploit the licensed intellectual property, promoting innovation and economic advancement in the state.