Kings New York Technology License Agreement with a Research Organization as Licensor

• Category: Technology - Licenses
• State: Multi-State
• County: Kings
• Control #: US-02633BG
• Format: Word; Rich Text

Description

By a technology licensing agreement the licensor authorizes the licensee to use the technology under certain agreed terms and conditions. It is, therefore, a contract freely entered into between two parties and contains terms and conditions so agreed. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction. Kings New York Technology License Agreement with a Research Organization as Licensor is a contractual agreement between Kings New York, a technology company, and a research organization, where the research organization grants Kings New York the rights to use and exploit certain technologies developed by the research organization. This agreement allows Kings New York to commercialize and market these technologies for its business operations. Keywords: Kings New York, technology license agreement, research organization, licensor, commercialize, market, technologies, business operations. Types of Kings New York Technology License Agreement with a Research Organization as Licensor: 1. Exclusive License Agreement: In this type of agreement, the research organization grants Kings New York the exclusive rights to use, develop, and commercialize the licensed technologies. This means that no other parties will be granted the same rights, giving Kings New York a competitive advantage in the market. 2. Non-Exclusive License Agreement: Unlike the exclusive license agreement, the non-exclusive license agreement allows the research organization to grant licenses to other parties as well. This type of agreement may be preferred by the research organization if they want to maximize the reach and impact of their technologies. 3. Perpetual License Agreement: In a perpetual license agreement, Kings New York is granted the rights to use and exploit the licensed technologies indefinitely. This type of agreement provides long-term access to the technologies and allows Kings New York to continuously utilize the research organization's work for its business activities. 4. Limited Term License Agreement: In contrast to the perpetual license agreement, the limited term license agreement provides Kings New York with a specific duration of rights to use and exploit the licensed technologies. Once the agreed-upon term expires, the rights revert to the research organization unless a renewal agreement is reached. 5. Territory-Specific License Agreement: A territory-specific license agreement restricts the geographic scope in which Kings New York can utilize the licensed technologies. The agreement may limit the usage to a specific region, country, or even a city, ensuring that the research organization's rights are protected while Kings New York focuses on a particular market. Overall, Kings New York Technology License Agreement with a Research Organization as Licensor serves as a legal framework that outlines the terms and conditions under which Kings New York can access and leverage the research organization's technologies for commercial purposes. These agreements provide clarity and protection for both parties involved, fostering innovation and collaboration in the realm of technology development.

Kings New York Technology License Agreement with a Research Organization as Licensor is a contractual agreement between Kings New York, a technology company, and a research organization, where the research organization grants Kings New York the rights to use and exploit certain technologies developed by the research organization. This agreement allows Kings New York to commercialize and market these technologies for its business operations. Keywords: Kings New York, technology license agreement, research organization, licensor, commercialize, market, technologies, business operations. Types of Kings New York Technology License Agreement with a Research Organization as Licensor: 1. Exclusive License Agreement: In this type of agreement, the research organization grants Kings New York the exclusive rights to use, develop, and commercialize the licensed technologies. This means that no other parties will be granted the same rights, giving Kings New York a competitive advantage in the market. 2. Non-Exclusive License Agreement: Unlike the exclusive license agreement, the non-exclusive license agreement allows the research organization to grant licenses to other parties as well. This type of agreement may be preferred by the research organization if they want to maximize the reach and impact of their technologies. 3. Perpetual License Agreement: In a perpetual license agreement, Kings New York is granted the rights to use and exploit the licensed technologies indefinitely. This type of agreement provides long-term access to the technologies and allows Kings New York to continuously utilize the research organization's work for its business activities. 4. Limited Term License Agreement: In contrast to the perpetual license agreement, the limited term license agreement provides Kings New York with a specific duration of rights to use and exploit the licensed technologies. Once the agreed-upon term expires, the rights revert to the research organization unless a renewal agreement is reached. 5. Territory-Specific License Agreement: A territory-specific license agreement restricts the geographic scope in which Kings New York can utilize the licensed technologies. The agreement may limit the usage to a specific region, country, or even a city, ensuring that the research organization's rights are protected while Kings New York focuses on a particular market. Overall, Kings New York Technology License Agreement with a Research Organization as Licensor serves as a legal framework that outlines the terms and conditions under which Kings New York can access and leverage the research organization's technologies for commercial purposes. These agreements provide clarity and protection for both parties involved, fostering innovation and collaboration in the realm of technology development.