New Mexico Exclusive Field of Use License Agreement

• Category: Contracts - Field of Use
• State: Multi-State
• Control #: US-0995BG
• Format: Word; Rich Text

Description

Field of use license is a license to rights in intellectual property which is limited to a defined use and provides the licensor greater control over the use of intellectual property. A field-of-use license does not have the right to all uses of the licensed technology. Such a licensee can avail only a subset of those uses. The scope of the license could be limited by a general field of use or a very specific field of use and the licensor has freedom to work with other companies on other uses. In general, any technology that has multiple, distinct uses like those in the fields of electrical engineering, computer, chemical, and health care areas may be appropriate for field of use licensing. The field of use can be limited in the actual license agreement by adding in the grand clause, a phrase that delineates the field. A New Mexico Exclusive Field of Use License Agreement is a legal contract that grants exclusive rights to a licensee to use a specific technology or intellectual property in a particular industry or field within the state of New Mexico. This type of agreement ensures that the licensor will not grant similar rights to any other licensee in the designated field of use. Keywords: New Mexico, Exclusive Field of Use, License Agreement, technology, intellectual property, licensee, industry, rights, designated field of use. Different types of New Mexico Exclusive Field of Use License Agreements can be categorized based on the industries or fields in which they operate. Some examples include: 1. Technology Exclusive Field of Use License Agreement: This type of agreement grants exclusive rights to use a specific technology within a particular industry, such as software development, telecommunications, or electronics. 2. Pharmaceutical Exclusive Field of Use License Agreement: This agreement allows a licensee exclusive rights to use a particular pharmaceutical technology or patented drug development within the state of New Mexico. It may be limited to a specific medical field, such as oncology or cardiology. 3. Manufacturing Exclusive Field of Use License Agreement: This agreement provides exclusive rights to manufacture and distribute a particular product or technology within a specific industry, such as automotive, aerospace, or consumer goods manufacturing. 4. Entertainment Exclusive Field of Use License Agreement: This type of agreement grants exclusive rights to use a specific entertainment property, such as a character, brand, or storyline, within a particular industry, such as film, television, or gaming. 5. Energy Exclusive Field of Use License Agreement: This agreement allows exclusive rights to use a specific energy technology or renewable energy source within a designated sector, such as solar energy, wind energy, or hydroelectric power. These examples demonstrate the various industries and fields that can be covered by a New Mexico Exclusive Field of Use License Agreement, providing insight into the broad scope of applications for this type of contractual arrangement.

A New Mexico Exclusive Field of Use License Agreement is a legal contract that grants exclusive rights to a licensee to use a specific technology or intellectual property in a particular industry or field within the state of New Mexico. This type of agreement ensures that the licensor will not grant similar rights to any other licensee in the designated field of use. Keywords: New Mexico, Exclusive Field of Use, License Agreement, technology, intellectual property, licensee, industry, rights, designated field of use. Different types of New Mexico Exclusive Field of Use License Agreements can be categorized based on the industries or fields in which they operate. Some examples include: 1. Technology Exclusive Field of Use License Agreement: This type of agreement grants exclusive rights to use a specific technology within a particular industry, such as software development, telecommunications, or electronics. 2. Pharmaceutical Exclusive Field of Use License Agreement: This agreement allows a licensee exclusive rights to use a particular pharmaceutical technology or patented drug development within the state of New Mexico. It may be limited to a specific medical field, such as oncology or cardiology. 3. Manufacturing Exclusive Field of Use License Agreement: This agreement provides exclusive rights to manufacture and distribute a particular product or technology within a specific industry, such as automotive, aerospace, or consumer goods manufacturing. 4. Entertainment Exclusive Field of Use License Agreement: This type of agreement grants exclusive rights to use a specific entertainment property, such as a character, brand, or storyline, within a particular industry, such as film, television, or gaming. 5. Energy Exclusive Field of Use License Agreement: This agreement allows exclusive rights to use a specific energy technology or renewable energy source within a designated sector, such as solar energy, wind energy, or hydroelectric power. These examples demonstrate the various industries and fields that can be covered by a New Mexico Exclusive Field of Use License Agreement, providing insight into the broad scope of applications for this type of contractual arrangement.