Exclusive License Agreement dated August 3, 1999. 13 pages
Rhode Island Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. A Rhode Island Exclusive License Agreement is a legal contract between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. This agreement grants emerge Interactive exclusive rights to commercialize or use intellectual property developed by SURF in the state of Rhode Island. Under this agreement, emerge Interactive becomes the sole licensee for the specified intellectual property, excluding other entities or individuals from using or commercializing it within Rhode Island. The purpose of this agreement is to facilitate the transfer of innovative technology and research outcomes from SURF to emerge Interactive. This agreement ensures that emerge Interactive has the exclusive ability to develop, manufacture, market, and sell products or services based on the licensed intellectual property in Rhode Island. The Rhode Island Exclusive License Agreement outlines the specific terms and conditions agreed upon by both parties. It typically includes provisions regarding the scope and duration of the exclusive license, royalties or other financial considerations, reporting requirements, intellectual property protection, obligations of the licensee, termination clauses, and dispute resolution mechanisms. By obtaining an exclusive license, emerge Interactive gains a competitive advantage within Rhode Island's market by being the only entity authorized to utilize the specified intellectual property in commercial activities. This arrangement allows emerging Interactive to capitalize on the research and innovation of SURF, potentially leading to economic growth, job creation, and technological advancements in the state. It's important to note that depending on the nature of the intellectual property and the specific goals of both parties, there may be different types of Rhode Island Exclusive License Agreements between SURF and emerge Interactive. These could include variations such as exclusive licenses for patents, copyrights, or trademarks, as well as agreements specific to certain fields or industries. Each type of agreement would have its own set of terms and provisions tailored to the respective intellectual property and commercial objectives. Overall, a Rhode Island Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. establishes a mutually beneficial partnership aimed at promoting innovation, fostering economic development, and unlocking the commercial potential of SURF's intellectual property within Rhode Island's market.
Rhode Island Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. A Rhode Island Exclusive License Agreement is a legal contract between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. This agreement grants emerge Interactive exclusive rights to commercialize or use intellectual property developed by SURF in the state of Rhode Island. Under this agreement, emerge Interactive becomes the sole licensee for the specified intellectual property, excluding other entities or individuals from using or commercializing it within Rhode Island. The purpose of this agreement is to facilitate the transfer of innovative technology and research outcomes from SURF to emerge Interactive. This agreement ensures that emerge Interactive has the exclusive ability to develop, manufacture, market, and sell products or services based on the licensed intellectual property in Rhode Island. The Rhode Island Exclusive License Agreement outlines the specific terms and conditions agreed upon by both parties. It typically includes provisions regarding the scope and duration of the exclusive license, royalties or other financial considerations, reporting requirements, intellectual property protection, obligations of the licensee, termination clauses, and dispute resolution mechanisms. By obtaining an exclusive license, emerge Interactive gains a competitive advantage within Rhode Island's market by being the only entity authorized to utilize the specified intellectual property in commercial activities. This arrangement allows emerging Interactive to capitalize on the research and innovation of SURF, potentially leading to economic growth, job creation, and technological advancements in the state. It's important to note that depending on the nature of the intellectual property and the specific goals of both parties, there may be different types of Rhode Island Exclusive License Agreements between SURF and emerge Interactive. These could include variations such as exclusive licenses for patents, copyrights, or trademarks, as well as agreements specific to certain fields or industries. Each type of agreement would have its own set of terms and provisions tailored to the respective intellectual property and commercial objectives. Overall, a Rhode Island Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. establishes a mutually beneficial partnership aimed at promoting innovation, fostering economic development, and unlocking the commercial potential of SURF's intellectual property within Rhode Island's market.