Utah License Agreement with attachments between Site-Based Media, Inc. and NBC Site Media, Inc.

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• Control #: US-CC-12-2259
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Utah License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc. A Utah License Agreement is a legally binding contract entered into between Site-Based Media, Inc. and NBC Site Media, Inc., outlining the terms and conditions regarding the licensing of specific intellectual property rights in the state of Utah. This agreement serves as a comprehensive document establishing a contractual relationship between the two entities, defining their rights, obligations, and restrictions regarding the licensed content. Key Terms and Provisions: 1. Parties Involved: The agreement clearly identifies the parties involved, namely Site-Based Media, Inc. (referred to as "Licensor") and NBC Site Media, Inc. (referred to as "Licensee"). 2. License Grant: The agreement specifies the scope and nature of the license granted by the Licensor to the Licensee. It outlines the specific intellectual property rights being licensed, such as trademarks, copyrights, or patents. 3. Territory: The agreement defines the geographical area or territory within which the Licensee has the right to exploit the licensed content. In this case, it specifically pertains to the state of Utah. 4. Duration: The agreement stipulates the duration of the license, stating the specific start and end dates or the term for which the Licensee has the right to use the intellectual property. 5. Royalties and Payments: The agreement outlines the financial arrangements between the parties, including the payment of royalties and any upfront fees or license fees charged by the Licensor. 6. Use of Licensed Content: This section details the permissible uses, restrictions, and limitations on how the Licensee can utilize the licensed content. It may include provisions regarding broadcasting, distribution, modification, sublicensing, or any other relevant usage rights. 7. Intellectual Property Ownership: The agreement clarifies the ownership of the licensed intellectual property, establishing that it remains the exclusive property of the Licensor and that the Licensee possesses no ownership rights other than the specified license. Attachments: 1. Exhibit A: Description of Licensed Content — This attachment provides a detailed description of the intellectual property being licensed, including trademarks, copyrights, or patents specifically referenced in the agreement. 2. Exhibit B: Schedule of Royalties and Payments — This attachment presents a schedule or table outlining the payment details, including the specific royalties to be paid by the Licensee and the corresponding payment milestones or timelines. Types of Utah License Agreements: 1. Trademark License Agreement: A specific agreement that grants the Licensee permission to use the Licensor's trademarks within the defined territory of Utah. 2. Copyright License Agreement: This agreement encompasses the licensing of copyrighted material, such as audiovisual works, literary works, or software, allowing the Licensee to use and distribute the content in Utah. 3. Patent License Agreement: This type of agreement grants the Licensee rights to utilize an invention, process, or technology protected by patents owned by the Licensor exclusively within the state of Utah. Overall, the Utah License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc., along with its attachments, serves as a legally binding document governing the licensing relationship, defining the rights and obligations of both parties, and providing clarity and protection for the intellectual property involved.

Utah License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc. A Utah License Agreement is a legally binding contract entered into between Site-Based Media, Inc. and NBC Site Media, Inc., outlining the terms and conditions regarding the licensing of specific intellectual property rights in the state of Utah. This agreement serves as a comprehensive document establishing a contractual relationship between the two entities, defining their rights, obligations, and restrictions regarding the licensed content. Key Terms and Provisions: 1. Parties Involved: The agreement clearly identifies the parties involved, namely Site-Based Media, Inc. (referred to as "Licensor") and NBC Site Media, Inc. (referred to as "Licensee"). 2. License Grant: The agreement specifies the scope and nature of the license granted by the Licensor to the Licensee. It outlines the specific intellectual property rights being licensed, such as trademarks, copyrights, or patents. 3. Territory: The agreement defines the geographical area or territory within which the Licensee has the right to exploit the licensed content. In this case, it specifically pertains to the state of Utah. 4. Duration: The agreement stipulates the duration of the license, stating the specific start and end dates or the term for which the Licensee has the right to use the intellectual property. 5. Royalties and Payments: The agreement outlines the financial arrangements between the parties, including the payment of royalties and any upfront fees or license fees charged by the Licensor. 6. Use of Licensed Content: This section details the permissible uses, restrictions, and limitations on how the Licensee can utilize the licensed content. It may include provisions regarding broadcasting, distribution, modification, sublicensing, or any other relevant usage rights. 7. Intellectual Property Ownership: The agreement clarifies the ownership of the licensed intellectual property, establishing that it remains the exclusive property of the Licensor and that the Licensee possesses no ownership rights other than the specified license. Attachments: 1. Exhibit A: Description of Licensed Content — This attachment provides a detailed description of the intellectual property being licensed, including trademarks, copyrights, or patents specifically referenced in the agreement. 2. Exhibit B: Schedule of Royalties and Payments — This attachment presents a schedule or table outlining the payment details, including the specific royalties to be paid by the Licensee and the corresponding payment milestones or timelines. Types of Utah License Agreements: 1. Trademark License Agreement: A specific agreement that grants the Licensee permission to use the Licensor's trademarks within the defined territory of Utah. 2. Copyright License Agreement: This agreement encompasses the licensing of copyrighted material, such as audiovisual works, literary works, or software, allowing the Licensee to use and distribute the content in Utah. 3. Patent License Agreement: This type of agreement grants the Licensee rights to utilize an invention, process, or technology protected by patents owned by the Licensor exclusively within the state of Utah. Overall, the Utah License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc., along with its attachments, serves as a legally binding document governing the licensing relationship, defining the rights and obligations of both parties, and providing clarity and protection for the intellectual property involved.