New Mexico Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. The New Mexico Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a legally binding contract that grants emerge Interactive the exclusive rights to commercialize and further develop certain intellectual property owned by Iowa State University. This agreement allows emerging Interactive to exploit the licensed technology exclusively in the state of New Mexico. Under the terms of the agreement, Iowa State University Research Foundation, Inc. agrees to grant emerge Interactive the exclusive license for the specified technology in New Mexico, thereby prohibiting any other party from utilizing or commercializing the intellectual property within the state. This exclusive license provides emerge Interactive with a competitive advantage, ensuring they have sole control over the technology's development, manufacturing, distribution, and marketing activities in New Mexico. The New Mexico Exclusive License Agreement covers a specific set of intellectual property rights and may vary depending on the technology being licensed. Some examples of different types of New Mexico Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. include: 1. Patent License Agreement: This type of agreement grants emerge Interactive exclusive rights to use, manufacture, and sell products or services covered under a specific patent owned by Iowa State University Research Foundation, Inc. 2. Software License Agreement: In this scenario, Iowa State University Research Foundation, Inc. grants emerge Interactive an exclusive license to use, modify, and distribute software developed by the university within the state of New Mexico. 3. Trademark License Agreement: This agreement permits emerge Interactive to use and protect specific trademarks owned by Iowa State University Research Foundation, Inc. exclusively in New Mexico, ensuring brand recognition and preventing others from using the same marks. 4. Copyright License Agreement: If emerge Interactive wishes to reproduce, distribute, or display copyrighted materials owned by Iowa State University Research Foundation, Inc. within New Mexico, a copyright license agreement will be required. 5. Trade Secret License Agreement: If there are trade secrets involved, this agreement safeguards the confidentiality and exclusivity of these proprietary technologies, allowing to emerge Interactive to access and utilize them solely within New Mexico. These are just a few examples of the various forms a New Mexico Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. can take. The specific terms, conditions, and scope of each agreement will be negotiated between the parties involved, ensuring that the intellectual property is wisely protected and effectively commercialized in New Mexico.
New Mexico Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.
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