Oregon Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.

• Category: Corporations - Public - Licenses
• State: Multi-State
• Control #: US-EG-9167
• Format: Word; Rich Text

Description

Exclusive License Agreement dated August 3, 1999. 13 pages An Oregon Exclusive License Agreement is a legally binding contract between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc., granting emerge Interactive the exclusive right to use, commercialize, and exploit certain intellectual property developed by SURF within the state of Oregon. This agreement outlines the terms and conditions under which emerge Interactive can exclusively license the intellectual property and outlines the rights and obligations of both parties involved. Key terms and conditions typically included in an Oregon Exclusive License Agreement may cover the scope of the license, the duration of the exclusivity, any financial considerations such as upfront fees or royalties, and how disputes or breaches will be resolved. It is important to note that specific terms can vary depending on the nature of the intellectual property being licensed. Different types of Oregon Exclusive License Agreements between SURF and emerge Interactive may exist depending on the type of intellectual property being licensed. Here are a few common examples: 1. Patent License Agreement: This type of agreement grants emerge Interactive the exclusive right to use and commercialize a patented invention or technology developed by SURF in Oregon. These gives emerge Interactive a competitive advantage by preventing others from using or selling the same invention. 2. Trademark License Agreement: This agreement enables emerge Interactive to exclusively use and identify itself with specific trademarks owned by SURF in Oregon. It protects the brand identity and reputation of both parties by ensuring that emerge Interactive has sole rights to use the designated trademarks within the specified geographical area. 3. Copyright License Agreement: When SURF holds copyrights to certain works, such as software, literature, or visual media, this agreement grants emerge Interactive the exclusive right to use, reproduce, distribute, or modify the copyrighted materials within Oregon. Emerge Interactive gains a competitive edge by having exclusive access to these works in the local market. 4. Trade Secret License Agreement: In cases where SURF possesses valuable trade secrets, such as proprietary formulas, manufacturing processes, or customer lists, this agreement allows emerging Interactive to exclusively use and exploit these trade secrets within Oregon. It ensures that the sensitive information remains confidential and prevents competitors from gaining access to it. By entering into an Oregon Exclusive License Agreement, SURF and emerge Interactive establish a mutually beneficial partnership, where emerge Interactive gains access to exclusive rights, and SURF receives financial compensation or other benefits in return. This agreement facilitates the effective transfer of intellectual property to promote innovation, economic growth, and collaboration between academia and industry.

An Oregon Exclusive License Agreement is a legally binding contract between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc., granting emerge Interactive the exclusive right to use, commercialize, and exploit certain intellectual property developed by SURF within the state of Oregon. This agreement outlines the terms and conditions under which emerge Interactive can exclusively license the intellectual property and outlines the rights and obligations of both parties involved. Key terms and conditions typically included in an Oregon Exclusive License Agreement may cover the scope of the license, the duration of the exclusivity, any financial considerations such as upfront fees or royalties, and how disputes or breaches will be resolved. It is important to note that specific terms can vary depending on the nature of the intellectual property being licensed. Different types of Oregon Exclusive License Agreements between SURF and emerge Interactive may exist depending on the type of intellectual property being licensed. Here are a few common examples: 1. Patent License Agreement: This type of agreement grants emerge Interactive the exclusive right to use and commercialize a patented invention or technology developed by SURF in Oregon. These gives emerge Interactive a competitive advantage by preventing others from using or selling the same invention. 2. Trademark License Agreement: This agreement enables emerge Interactive to exclusively use and identify itself with specific trademarks owned by SURF in Oregon. It protects the brand identity and reputation of both parties by ensuring that emerge Interactive has sole rights to use the designated trademarks within the specified geographical area. 3. Copyright License Agreement: When SURF holds copyrights to certain works, such as software, literature, or visual media, this agreement grants emerge Interactive the exclusive right to use, reproduce, distribute, or modify the copyrighted materials within Oregon. Emerge Interactive gains a competitive edge by having exclusive access to these works in the local market. 4. Trade Secret License Agreement: In cases where SURF possesses valuable trade secrets, such as proprietary formulas, manufacturing processes, or customer lists, this agreement allows emerging Interactive to exclusively use and exploit these trade secrets within Oregon. It ensures that the sensitive information remains confidential and prevents competitors from gaining access to it. By entering into an Oregon Exclusive License Agreement, SURF and emerge Interactive establish a mutually beneficial partnership, where emerge Interactive gains access to exclusive rights, and SURF receives financial compensation or other benefits in return. This agreement facilitates the effective transfer of intellectual property to promote innovation, economic growth, and collaboration between academia and industry.