Montgomery Maryland Know-How License and Technical Assistance Agreement

State:
Multi-State
County:
Montgomery
Control #:
US-1009BG
Format:
Word; 
Rich Text
Instant download

Description

A Know-How License and Technical Assistance Agreement is an agreement granting a company a license to commercialize products incorporating the licensor's technology.

Montgomery County, Maryland is a vibrant and populous county located in the central portion of the state. Known for its diverse communities, thriving businesses, and excellent quality of life, Montgomery County offers a wide range of opportunities for economic growth and development. When it comes to licensing and technical assistance agreements in Montgomery County, the Montgomery Maryland Know-How License and Technical Assistance Agreement plays a significant role. This agreement serves as a contractual arrangement between a licensor and licensee, allowing the licensee to gain access to the licensor's proprietary information, know-how, or intellectual property. The Montgomery Maryland Know-How License and Technical Assistance Agreement promotes collaboration and knowledge sharing between parties involved in various industries. By entering into this agreement, businesses can harness the expertise and technical assistance offered by established companies or organizations in the county. Key areas that are often covered by such agreements include technology transfer, industry-specific expertise, market access, product development, and more. Different types of Montgomery Maryland Know-How License and Technical Assistance Agreements can be tailored to suit specific industry requirements and objectives. These may include: 1. Technology Licensing Agreement: This type of agreement allows the licensee to transfer and utilize specific technologies or intellectual property held by the licensor. It enables the licensee to access and implement innovative solutions, streamline processes, and stay ahead in their respective industry. 2. Market Access Agreement: This agreement is focused on providing the licensee with marketing support, business development strategies, and market expansion assistance. It helps the licensee to tap into new markets, enhance brand visibility, and achieve growth through the expertise of the licensor. 3. Research and Development Agreement: This type of agreement enables the licensee to gain access to research facilities, technical assistance, and collaborative partnerships with research institutions or established companies. Such agreements foster innovation, accelerate product development, and facilitate knowledge exchange and technology transfer. 4. Training and Skills Development Agreement: This agreement focuses on providing technical training, skills development programs, and professional mentoring to the licensee. It aims to enhance the licensee's workforce capabilities, leading to increased productivity and competitiveness. In summary, the Montgomery Maryland Know-How License and Technical Assistance Agreement serves as a valuable tool for businesses and organizations in Montgomery County, allowing them to leverage the expertise, knowledge, and intellectual property of licensor entities. Through various types of agreements, this framework enables businesses to drive innovation, foster economic growth, and establish mutually beneficial partnerships within the county and beyond.

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FAQ

A Technical Assistance Agreement is a short-term agreement that allows a Federal laboratory and its researchers to provide technical, research or other resources to a non-Federal party with or without reimbursement 15 U.S.C § 3710a (b) (3) (A).

The license of know-how is the information necessary or beneficial to the commercialization of the patented invention. A patent license combines matters of federal and state law, whereas a know-how license is subject only to state law since it is not subject to federal statutory protection.

A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.

Examples of Licensing Agreements Licensing agreements are found in many different industries. An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.

By Practical Law Intellectual Property & Technology. Maintained 2022 USA (National/Federal) An agreement granting a company a license to commercialize products incorporating the licensor's patented and unpatented technology, including know-how and trade secrets.

How to decide between types of licensing agreements Patent Licensing. Patents cover science and innovation.Trademark Licensing. Trademarks are signifiers of commercial source, namely, brand names and logos or slogans.Copyright Licensing.Trade Secret Licensing.Exclusive.Non-exclusive.Sole.Perpetual.

A Technical Assistance Agreement is a short-term agreement that allows a Federal laboratory and its researchers to provide technical, research or other resources to a non-Federal party with or without reimbursement 15 U.S.C § 3710a (b) (3) (A).

The licensing agreement should explain what the licensee can do with the license. It should say whether the license is exclusive or not. It should also discuss whether the licensor gets to use the license or cedes all rights to the licensee.

More info

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Montgomery Maryland Know-How License and Technical Assistance Agreement