The New Mexico Subscriber Unit License Agreement between QUALCOMM, Inc. and Repoint, Inc. is a legal document that outlines the terms and conditions for obtaining a license to manufacture and sell Subscriber Units in the state of New Mexico. This agreement is specific to the partnership between QUALCOMM, Inc., a renowned telecommunications company, and Repoint, Inc., a subsidiary focusing on the manufacturing and distribution of Subscriber Units. This license agreement plays a crucial role in regulating the manufacturing and sales activities of Subscriber Units, which are essential components for wireless communication devices. Subscriber Units refer to the devices used by end-users to connect to wireless networks, such as smartphones, tablets, and other mobile devices. The agreement highlights the rights and obligations of both parties involved. It defines the scope of the license, granting Repoint, Inc. the authority to manufacture and sell the Subscriber Units within the specified region of New Mexico. This license ensures that Repoint, Inc. operates legally and compliantly, utilizing QUALCOMM, Inc.'s patented technology and intellectual property associated with Subscriber Units. The agreement may include various types, depending on specific circumstances or negotiations between the two companies. Some potential variations of the New Mexico Subscriber Unit License Agreement may include: 1. Manufacturing License Agreement: This type of agreement primarily focuses on granting Repoint, Inc. the right to manufacture Subscriber Units, utilizing QUALCOMM, Inc.'s technology, patents, and intellectual property. The agreement covers production-related terms, quality control, and compliance standards. 2. Distribution License Agreement: In this variant, Repoint, Inc. may be solely responsible for distributing and selling Subscriber Units in New Mexico. QUALCOMM, Inc. licenses the distribution rights to Repoint, Inc., allowing them to handle marketing, sales, and customer support for the Subscriber Units. 3. Exclusive License Agreement: This type of agreement grants Repoint, Inc. the exclusive rights to manufacture and sell Subscriber Units in the defined region of New Mexico. This exclusivity ensures that QUALCOMM, Inc. restricts any potential competition by granting sole authorization to Repoint, Inc. 4. Non-Exclusive License Agreement: Unlike the exclusive license agreement, the non-exclusive variant allows QUALCOMM, Inc. to grant additional licenses to other companies for manufacturing and selling Subscriber Units in New Mexico. This agreement provides more freedom for QUALCOMM, Inc. to collaborate with multiple partners or licensees simultaneously. Ultimately, the New Mexico Subscriber Unit License Agreement between QUALCOMM, Inc. and Repoint, Inc. serves as a comprehensive legal framework that governs the manufacturing and sales activities of Subscriber Units in the state. By defining the rights and responsibilities of both parties, this agreement ensures compliance with intellectual property laws, promotes fair competition, and facilitates the growth and development of wireless communication technologies in New Mexico.
New Mexico Subscriber Unit License Agreement between QUALCOMM, Inc. and NeoPoint, Inc. regarding obtaining a license to manufacture and sell Subscriber Units
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How to fill out New Mexico Subscriber Unit License Agreement Between QUALCOMM, Inc. And NeoPoint, Inc. Regarding Obtaining A License To Manufacture And Sell Subscriber Units?
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By Practical Law Intellectual Property & Technology. An agreement for the licensing of intellectual property (IP) by a parent, IP holding company, or other company to an affiliated company within the same corporate group.
A technology licensing agreement is a contract that outlines the terms and conditions of a licensing agreement between a technology company and a party purchasing the use, reselling rights, or rights to change a particular software product or intellectual property of the technology company.
Patent Licensing is often referred to as Assertive and likely requires litigation to enforce the patent owners rights. Technology Licensing is synergistic and often results in a win-win relationship between licensor and licensee.
Key Takeaways. A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
Technology licensing is a contractual arrangement in which the licenser's patents, trademarks, service marks, copyrights, trade secrets, or other intellectual property may be sold or made available to a licensee; compensation is negotiated in advance between the parties.
Some common types of technology transfer agreements are as follows: Licensing Agreements: Licensing agreements play a fundamental role in transferring technology and intellectual property. These contracts involve the licensor presenting the licensee with the ownership to use, create, or sell a specific technology.
Our global licensing program enables us to share our world-leading inventions with licensees so they can focus on providing the best possible products to their customers. Across more than 300 licensing agreements, over 18B devices have benefitted from licensing Qualcomm's patents.
Key Takeaways. A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
A pure license doesn't ask for anything in return, it just gives you new rights. Those rights may be conditional, but the conditions are just things you have to do to get new rights. They're not conditions imposed on any existing rights you had. A contract is an agreement between two parties.