A license agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor. In exchange, the licensee usually submits to a series of conditions regarding the use of the licensor's property and agrees to make payments known as royalties.
A patent for an invention is the grant of a property right to the inventor, issued by the federal agency charged with administering patent laws, the U.S. Patent and Trademark Office. The term of a new patent is 20 years from the date on which the application for the patent was filed in the United States or, in special cases, from the date an earlier related application was filed, subject to the payment of maintenance fees. US patent grants are effective only within the US, US territories, and US possessions.
Bexar Texas License of Rights under Patent is a legal document designed to grant individuals or organizations the exclusive rights to use, sell, or manufacture a patented invention within Bexar County, Texas. This license encompasses the rights mentioned in the patent awarded by the United States Patent and Trademark Office (USPTO). Here is a detailed description of the Bexar Texas License of Rights under Patent and its various types: 1. Bexar Texas Exclusive License: This type of license grants the licensee complete exclusivity over the patented invention within Bexar County. The patent holder cannot further license or sell the invention to other parties in the designated geographic area. 2. Bexar Texas Non-Exclusive License: This license type allows multiple parties to utilize the patented invention within Bexar County. The patent holder can grant non-exclusive licenses to various licensees, enabling them to use, sell, or manufacture the invention simultaneously. 3. Bexar Texas Sole License: With this license, the licensee obtains exclusive rights to use, sell, or manufacture the patented invention within Bexar County, excluding the patent holder. However, the patent holder retains the right to exercise their own license. 4. Bexar Texas Field-Limited License: This type of license allows the licensee exclusive rights to use, sell, or manufacture the patented invention only within a specific field or industry in Bexar County. The patent holder can grant multiple field-limited licenses to different parties simultaneously. 5. Bexar Texas Territorial License: This license grants exclusive rights to use, sell, or manufacture the patented invention within a specific region or territory of Bexar County. The territorial scope is predetermined and defined according to geographic boundaries. 6. Bexar Texas Compulsory License: In certain circumstances, a compulsory license may be issued by the government, allowing a third party to use the patented invention without the patent holder's consent. This typically occurs when the patented invention is of significant public interest, and the patent holder is unable or unwilling to meet the demand. It's important to note that the specific type of Bexar Texas License of Rights under Patent depends on the agreement between the patent holder and the licensee, and it can be customized to meet the parties' specific needs or requirements.
Bexar Texas License of Rights under Patent is a legal document designed to grant individuals or organizations the exclusive rights to use, sell, or manufacture a patented invention within Bexar County, Texas. This license encompasses the rights mentioned in the patent awarded by the United States Patent and Trademark Office (USPTO). Here is a detailed description of the Bexar Texas License of Rights under Patent and its various types: 1. Bexar Texas Exclusive License: This type of license grants the licensee complete exclusivity over the patented invention within Bexar County. The patent holder cannot further license or sell the invention to other parties in the designated geographic area. 2. Bexar Texas Non-Exclusive License: This license type allows multiple parties to utilize the patented invention within Bexar County. The patent holder can grant non-exclusive licenses to various licensees, enabling them to use, sell, or manufacture the invention simultaneously. 3. Bexar Texas Sole License: With this license, the licensee obtains exclusive rights to use, sell, or manufacture the patented invention within Bexar County, excluding the patent holder. However, the patent holder retains the right to exercise their own license. 4. Bexar Texas Field-Limited License: This type of license allows the licensee exclusive rights to use, sell, or manufacture the patented invention only within a specific field or industry in Bexar County. The patent holder can grant multiple field-limited licenses to different parties simultaneously. 5. Bexar Texas Territorial License: This license grants exclusive rights to use, sell, or manufacture the patented invention within a specific region or territory of Bexar County. The territorial scope is predetermined and defined according to geographic boundaries. 6. Bexar Texas Compulsory License: In certain circumstances, a compulsory license may be issued by the government, allowing a third party to use the patented invention without the patent holder's consent. This typically occurs when the patented invention is of significant public interest, and the patent holder is unable or unwilling to meet the demand. It's important to note that the specific type of Bexar Texas License of Rights under Patent depends on the agreement between the patent holder and the licensee, and it can be customized to meet the parties' specific needs or requirements.