Oklahoma Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer

• Category: Licenses - Inventions
• State: Multi-State
• Control #: US-0558BG
• Format: Word; Rich Text

Description

This form is a grant of nonexclusive license to manufacture, use and sell an invention by employee to employer. Title: Oklahoma Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer Description: An Oklahoma Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer is a legal document that grants permission to an employer to use, manufacture, and sell an invention created by an employee. This license agreement ensures that the employee's contributions are duly acknowledged, while also protecting the employer's rights and allowing them to exploit the invention for commercial purposes. Keywords: Oklahoma, Grant of Nonexclusive License, Manufacture, Use, Sell, Invention, Employee, Employer, License Agreement, Legal Document, Commercial Purposes Types of Oklahoma Grant of Nonexclusive License to Manufacture, Use, and Sell an Invention by Employee to Employer: 1. Nonexclusive License Agreement for Patented Inventions: This type of license agreement is used when the invention has been patented. It outlines the terms and conditions under which the employer can utilize, manufacture, and sell the patented invention. It ensures that the employee retains ownership but grants the employer the right to nonexclusively exploit the invention. 2. Nonexclusive License Agreement for Non-Patented Inventions: When the invention is yet to be patented, this type of license agreement is employed. It permits the employer to use, manufacture, and sell the invention without exclusive rights. It specifies the terms under which the employee grants permission to the employer, and any future patent filings are typically addressed in this agreement. 3. Nonexclusive License Agreement with Royalties: In some cases, an employee may negotiate for additional compensation for their invention's use by the employer. This type of license agreement involves the inclusion of royalty clauses, ensuring the employee receives a percentage of the revenue generated from the invention's commercial exploitation. 4. Nonexclusive License Agreement for Trade Secrets: If the invention contains valuable trade secrets, this type of license agreement is employed. It establishes the conditions under which the employer can access, utilize, and protect the trade secrets while maintaining the employee's ownership rights. 5. Nonexclusive License Agreement with Time Limitations: In certain cases, an employee may grant a temporal license to the employer, allowing them to utilize, manufacture, and sell the invention for a specific duration. These time limitations are commonly applied when the employee intends to retain the possibility of future licensing or commercialization opportunities. Note: It is essential to consult with an attorney or legal professional to ensure compliance with Oklahoma state laws and tailor the license agreement to the specific circumstances of the invention and the employment relationship between the employee and employer.

Title: Oklahoma Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer Description: An Oklahoma Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer is a legal document that grants permission to an employer to use, manufacture, and sell an invention created by an employee. This license agreement ensures that the employee's contributions are duly acknowledged, while also protecting the employer's rights and allowing them to exploit the invention for commercial purposes. Keywords: Oklahoma, Grant of Nonexclusive License, Manufacture, Use, Sell, Invention, Employee, Employer, License Agreement, Legal Document, Commercial Purposes Types of Oklahoma Grant of Nonexclusive License to Manufacture, Use, and Sell an Invention by Employee to Employer: 1. Nonexclusive License Agreement for Patented Inventions: This type of license agreement is used when the invention has been patented. It outlines the terms and conditions under which the employer can utilize, manufacture, and sell the patented invention. It ensures that the employee retains ownership but grants the employer the right to nonexclusively exploit the invention. 2. Nonexclusive License Agreement for Non-Patented Inventions: When the invention is yet to be patented, this type of license agreement is employed. It permits the employer to use, manufacture, and sell the invention without exclusive rights. It specifies the terms under which the employee grants permission to the employer, and any future patent filings are typically addressed in this agreement. 3. Nonexclusive License Agreement with Royalties: In some cases, an employee may negotiate for additional compensation for their invention's use by the employer. This type of license agreement involves the inclusion of royalty clauses, ensuring the employee receives a percentage of the revenue generated from the invention's commercial exploitation. 4. Nonexclusive License Agreement for Trade Secrets: If the invention contains valuable trade secrets, this type of license agreement is employed. It establishes the conditions under which the employer can access, utilize, and protect the trade secrets while maintaining the employee's ownership rights. 5. Nonexclusive License Agreement with Time Limitations: In certain cases, an employee may grant a temporal license to the employer, allowing them to utilize, manufacture, and sell the invention for a specific duration. These time limitations are commonly applied when the employee intends to retain the possibility of future licensing or commercialization opportunities. Note: It is essential to consult with an attorney or legal professional to ensure compliance with Oklahoma state laws and tailor the license agreement to the specific circumstances of the invention and the employment relationship between the employee and employer.