Nebraska Technology License Agreement regarding designing, developing and marketing Internet based electronic banking applications

• Category: Corporations - Public - Licenses
• State: Multi-State
• Control #: US-EG-9291
• Format: Word; Rich Text

Description

Technology License Agreement between 724 Solutions, Inc. and Bank of America National Trust and Savings Association regarding designing, developing and marketing Internet based electronic banking applications over a variety of access platforms dated Nebraska Technology License Agreement: Designing, Developing, and Marketing Internet-Based Electronic Banking Applications Overview: The Nebraska Technology License Agreement focuses on the rights and obligations of parties involved in designing, developing, and marketing internet-based electronic banking applications within the state of Nebraska. This agreement outlines the terms and conditions to obtain a license for using specific technologies in the development of electronic banking applications. It ensures that technology providers, developers, and marketers adhere to legal guidelines, protecting both their interests and the interests of end-users. Keywords: — Nebraska Technology LicensAgreementen— - Designing — Developing - Market—ng - Internet-based — Electronic banking applications Types of Nebraska Technology License Agreements: 1. Standard Nebraska Technology License Agreement: This type of agreement outlines the general terms and conditions for participants engaged in designing, developing, and marketing internet-based electronic banking applications in Nebraska. It includes provisions related to technology licensing, intellectual property rights, confidentiality, liability, dispute resolution, and termination clauses. 2. Exclusive Nebraska Technology License Agreement: If mutually agreed upon, parties can enter into an exclusive license agreement. This agreement restricts the licensor from granting licenses to other entities for the same technology within the specified territory. It provides exclusivity to the licensee, allowing them to gain a competitive advantage in the market. 3. Non-Exclusive Nebraska Technology License Agreement: This type of agreement grants the licensee the right to use the licensed technology while allowing the licensor to grant licenses to multiple entities simultaneously. Non-exclusive agreements are suitable when the demand for technology in the market is high or when the technology provider aims to reach a wider customer base. 4. Perpetual Nebraska Technology License Agreement: A perpetual license agreement grants the licensee the right to use the licensed technology indefinitely. This agreement is usually accompanied by an upfront payment or periodic royalties, ensuring ongoing revenue for the licensor. 5. Time-Limited Nebraska Technology License Agreement: Contrary to a perpetual license, a time-limited agreement provides the licensee with the right to use the licensed technology for a specific duration. This agreement is suitable when technology providers wish to test the market or when licensees require technology for a temporary project. 6. Customized Nebraska Technology License Agreement: Parties involved may opt for a customized agreement that caters to their specific requirements and preferences. This agreement offers flexibility in terms of clauses, conditions, and pricing structures, ensuring a tailored approach to licensing internet-based electronic banking applications. In conclusion, the Nebraska Technology License Agreement plays a crucial role in regulating the design, development, and marketing of internet-based electronic banking applications within the state. By offering various types of agreements, it accommodates the diverse needs of technology providers and licensees.

Nebraska Technology License Agreement: Designing, Developing, and Marketing Internet-Based Electronic Banking Applications Overview: The Nebraska Technology License Agreement focuses on the rights and obligations of parties involved in designing, developing, and marketing internet-based electronic banking applications within the state of Nebraska. This agreement outlines the terms and conditions to obtain a license for using specific technologies in the development of electronic banking applications. It ensures that technology providers, developers, and marketers adhere to legal guidelines, protecting both their interests and the interests of end-users. Keywords: — Nebraska Technology LicensAgreementen— - Designing — Developing - Market—ng - Internet-based — Electronic banking applications Types of Nebraska Technology License Agreements: 1. Standard Nebraska Technology License Agreement: This type of agreement outlines the general terms and conditions for participants engaged in designing, developing, and marketing internet-based electronic banking applications in Nebraska. It includes provisions related to technology licensing, intellectual property rights, confidentiality, liability, dispute resolution, and termination clauses. 2. Exclusive Nebraska Technology License Agreement: If mutually agreed upon, parties can enter into an exclusive license agreement. This agreement restricts the licensor from granting licenses to other entities for the same technology within the specified territory. It provides exclusivity to the licensee, allowing them to gain a competitive advantage in the market. 3. Non-Exclusive Nebraska Technology License Agreement: This type of agreement grants the licensee the right to use the licensed technology while allowing the licensor to grant licenses to multiple entities simultaneously. Non-exclusive agreements are suitable when the demand for technology in the market is high or when the technology provider aims to reach a wider customer base. 4. Perpetual Nebraska Technology License Agreement: A perpetual license agreement grants the licensee the right to use the licensed technology indefinitely. This agreement is usually accompanied by an upfront payment or periodic royalties, ensuring ongoing revenue for the licensor. 5. Time-Limited Nebraska Technology License Agreement: Contrary to a perpetual license, a time-limited agreement provides the licensee with the right to use the licensed technology for a specific duration. This agreement is suitable when technology providers wish to test the market or when licensees require technology for a temporary project. 6. Customized Nebraska Technology License Agreement: Parties involved may opt for a customized agreement that caters to their specific requirements and preferences. This agreement offers flexibility in terms of clauses, conditions, and pricing structures, ensuring a tailored approach to licensing internet-based electronic banking applications. In conclusion, the Nebraska Technology License Agreement plays a crucial role in regulating the design, development, and marketing of internet-based electronic banking applications within the state. By offering various types of agreements, it accommodates the diverse needs of technology providers and licensees.