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Agreement Granting Exclusive License to Sell a Line of Apparel with...

Fulton Georgia Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product

Name: Fulton Georgia Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product
Brand: US Legal Forms
Rating: 4.81 (449 reviews)

Category:

Licenses - Apparel Sales

State:

Multi-State

County:

Fulton

Control #:

US-01986BG

Format:

Instant download

Description

One of the easiest and most common ways to exploit the value of a brand name is by licensing. In simple terms, a license is a grant of certain rights by the owner (the licensor) to someone else (the licensee) for a specified period of time. A license is different from an outright transfer of the rights because a license is usually for a limited period of time. At the end of that period the rights return to the licensor. A brand name may be licensed, such that a clothing company may license another company to use the well-known brand name on its clothing or a company like Disney may license the use of its name to promote another product.

This particular form is heavily in favor of licensee.

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How to fill out Fulton Georgia Agreement Granting Exclusive License To Sell A Line Of Apparel With Reservation Of Right By Licensor To Sell Licensed Product?

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FAQ

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 copyright exclusive license is one in which ownership in one or more rights is transferred by the copyright owner. A copyright nonexclusive license occurs when the owner retains ownership of the copyright and/or may license the same right to others.

Exclusive Licence grants to the licensee the right to use the intellectual property, but means that the licensor remains free to exploit the same intellectual property and to allow any number of other licensees to also exploit the same intellectual property.

The phrase sole and exclusive license, for example, is common yet contradictory. Sole, on the one hand, means only one person has the legal right to use the product. Exclusive, however, actually means only one other person has that right.

exclusive IP licence allows you to licence your IP to several parties, but continue to use your IP without limitations. This means you can continue to use your IP and generate further revenue.

Exclusive license allows a licensor to share intellectual property with a licensee for a specific period of time that usually binds the licensor to not share the property with anyone else.

Exclusive agreements limit a party's ability to work with another, meaning that the exclusive party offers services or products not provided elsewhere. Non-exclusive indicates that the non-exclusive party can work with anyone, including employees, competing products, and customers.

Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights. Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.

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"Dealer" means a Person Engaged in the Business of buying or selling goods. Exemptions from licensing exams. Agent.To register before offering or selling franchises in the state. 1) The market provides a venue for farmers to sell their farm products directly to consumers. Bidders will be returned after the execution of the Contract. Essex County reserves the right to reject any and all bids not considered to be in the best.

Fulton Georgia Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product

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