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Exclusive License Agreement between Individual Inventor and...

New Hampshire Exclusive License Agreement between Individual Inventor and Corporation

Name: New Hampshire Exclusive License Agreement between Individual Inventor and Corporation
Brand: US Legal Forms
Rating: 4.65 (419 reviews)

Category:

Licenses - Agreements

State:

Multi-State

Control #:

US-0567BG

Format:

Instant download

Description

This form is an exclusive license agreement between an individual inventor and corporation. A New Hampshire Exclusive License Agreement between an individual inventor and a corporation is a legal contract that grants the corporation exclusive rights to use, sell, or license the inventor's intellectual property within the state of New Hampshire. This agreement establishes the terms and conditions of the relationship between the inventor and the corporation, protecting the inventor's rights while enabling the corporation to benefit from the invention. Keywords: New Hampshire, Exclusive License Agreement, individual inventor, corporation, intellectual property, legal contract, terms and conditions, rights, invention. There are different types of New Hampshire Exclusive License Agreements between Individual Inventor and Corporation, namely: 1. General Exclusive License Agreement: This agreement exclusively grants the corporation the right to use, sell, or license the invention within New Hampshire. The corporation obtains the sole authority to exploit the invention, while the inventor retains ownership rights. 2. Field-of-Use Exclusive License Agreement: This type of agreement grants the corporation exclusive rights to use, sell, or license the invention within a specific field or industry. The inventor may choose to limit the license agreement to certain applications of the invention while reserving rights for other fields or industries. 3. Territory-Based Exclusive License Agreement: In this agreement, the corporation is granted exclusive rights to use, sell, or license the invention within a designated geographic area in New Hampshire. This allows the inventor to grant licenses to different corporations in different territories or regions. 4. Duration-Based Exclusive License Agreement: This type of agreement grants the corporation exclusive rights to the invention for a specified duration, after which the rights may revert to the inventor or become non-exclusive. The duration can be determined by a fixed term or until certain conditions or milestones are met. 5. Exclusive License Agreement with Royalties: This agreement allows the inventor to receive royalties or a percentage of the revenue generated from the commercialization or licensing of the invention. The corporation pays the inventor a predetermined amount for each sale or licensure, providing ongoing financial compensation. These diverse types of New Hampshire Exclusive License Agreements offer flexibility in tailoring the terms based on the inventor's goals, the corporation's requirements, and the nature of the invention. It is crucial for both parties to consult with legal professionals to ensure that the agreement aligns with their respective interests and complies with applicable laws and regulations.

A New Hampshire Exclusive License Agreement between an individual inventor and a corporation is a legal contract that grants the corporation exclusive rights to use, sell, or license the inventor's intellectual property within the state of New Hampshire. This agreement establishes the terms and conditions of the relationship between the inventor and the corporation, protecting the inventor's rights while enabling the corporation to benefit from the invention. Keywords: New Hampshire, Exclusive License Agreement, individual inventor, corporation, intellectual property, legal contract, terms and conditions, rights, invention. There are different types of New Hampshire Exclusive License Agreements between Individual Inventor and Corporation, namely: 1. General Exclusive License Agreement: This agreement exclusively grants the corporation the right to use, sell, or license the invention within New Hampshire. The corporation obtains the sole authority to exploit the invention, while the inventor retains ownership rights. 2. Field-of-Use Exclusive License Agreement: This type of agreement grants the corporation exclusive rights to use, sell, or license the invention within a specific field or industry. The inventor may choose to limit the license agreement to certain applications of the invention while reserving rights for other fields or industries. 3. Territory-Based Exclusive License Agreement: In this agreement, the corporation is granted exclusive rights to use, sell, or license the invention within a designated geographic area in New Hampshire. This allows the inventor to grant licenses to different corporations in different territories or regions. 4. Duration-Based Exclusive License Agreement: This type of agreement grants the corporation exclusive rights to the invention for a specified duration, after which the rights may revert to the inventor or become non-exclusive. The duration can be determined by a fixed term or until certain conditions or milestones are met. 5. Exclusive License Agreement with Royalties: This agreement allows the inventor to receive royalties or a percentage of the revenue generated from the commercialization or licensing of the invention. The corporation pays the inventor a predetermined amount for each sale or licensure, providing ongoing financial compensation. These diverse types of New Hampshire Exclusive License Agreements offer flexibility in tailoring the terms based on the inventor's goals, the corporation's requirements, and the nature of the invention. It is crucial for both parties to consult with legal professionals to ensure that the agreement aligns with their respective interests and complies with applicable laws and regulations.

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How to fill out New Hampshire Exclusive License Agreement Between Individual Inventor And Corporation?

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FAQ

If the employee was hired for the specific purpose of inventing a defined product or process, the invention belongs to the employer. General inventions made at the employer's expense but not at the employer's specification are often not the property of the employer.

Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.

Although the employer is afforded a nonexclusive license to use the invention without paying royalties to the employee, the invention actually is owned by the employee. This employee has the right to exploit it commercially, typically by selling or licensing it to other users.

Patents and the Employment Relationship: Who Owns Them? The general rule is that, in the absence of an agreement to the contrary, an employer is entitled to a nonexclusive license to use an invention devised by an employee while he or she was working for the employer.

Patents. A patent is an exclusive right granted for an invention. Generally speaking, a patent provides the patent owner with the right to decide how - or whether - the invention can be used by others.

Patent: A grant from the government giving an inventor the exclusive right or privilege to make, use, or sell his or her invention, as well as any logical embodiments of the invention, for a period of time (14 years if it is a design patent, which may be renewed, or 20 years from time of application which may also be

Types of licensing agreement The unique feature of this type of agreement is that even the licensor is excluded to use or exploit the licensed property during the term of the agreement. Copyright, trademark and patent licenses are the best examples of an exclusive license agreement.

Employers typically own intellectual property developed by their employees, but there is room for negotiation. Intellectual property rights can be a concern for employees regarding works created or developed within the workplace context.

Under the law, the general rule is that the copyright in and to the work product of an individual employee or independent contractor is owned by that individual unless an exception applies.

Licensing agreements are found in many different industries. An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.

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Employment, Confidential Information,. and Invention Assignment Agreement. As a condition of my employment with. Name of Company, its subsidiaries, ... 13-Jul-2018 ? The term Co-Inventor will be used for the purposes of this policy in instances where multiple individuals together devise, create, and produce ...P2 grants to P1 a perpetual, worldwide, royalty-free, non-exclusive license to use the Project IP solely for research purposes, with the right to grant ... Under the Bankruptcy Code, executory contracts, including most licenses, may be assumed and assigned by a debtor without the consent of the non-debtor. By K Bhawan · 2006 · Cited by 2 ? at least to begin with in the new era of IPR regime in ICAR.Exclusive Licence of an IPR enabled technology means a licence which will entitle the. Contract language for ?Option for a license??University hereby grants to Sponsor the exclusive option to elect any of the following licenses: a non-exclusive, ... Being located at Hanover, New Hampshire 03755, hereinafter called Dartmouth, and. COMPANY, INC., a corporation of the State of Delaware, with a principal. If a licensee of patented subject matter violates any term of the licence agreement, the licensor may sue for patent infringement, as well as for breach of ...22 pagesMissing: Hampshire ? Must include: Hampshire If a licensee of patented subject matter violates any term of the licence agreement, the licensor may sue for patent infringement, as well as for breach of ... 16-Apr-2020 ? Whether you're an inventor, a writer or an artist, you need to know what these each mean ? and which you need to protect your work. Sponsor shall have three (3) months from disclosure of any invention or discovery to notify University of its desire to enter into such a license agreement, and ...

New Hampshire Exclusive License Agreement between Individual Inventor and Corporation

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Who owns employee invention?

What are the 3 types of licensing agreements?

Does my company own my invention?

What happens if you invent something while working for a company?

Is an exclusive right given to the inventor or creator?

What is a license issued to a inventor granting the exclusive right to manufacture use or sell their invention?

What are the types of license agreements?

Does the company you work for own your intellectual property?

Does my employer own my work product?

What is an example of a licensing agreement?

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