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Joint-Venture Agreement for Exploitation of Patent

Tarrant Texas Joint-Venture Agreement for Exploitation of Patent

Name: Tarrant Texas Joint-Venture Agreement for Exploitation of Patent
Brand: US Legal Forms
Rating: 4.67 (420 reviews)

Category:

Contracts - Joint Ventures

State:

Multi-State

County:

Tarrant

Control #:

US-13363BG

Format:

Instant download

Description

A joint venture has been generally defined as an association of two or more persons formed to carry out a single business enterprise for profit for which purpose they combine their property, money, efforts, skill, time, and/or knowledge.

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FAQ

Since the role played by Intellectual Property in establishing a joint venture is a central one, it is fundamental that the parties clearly define at the outset, the ownership of the Intellectual Property to be created by the joint venture and their respective rights upon it.

Joint ventures: an overview A joint venture is a combination of two or more parties that seek the development of a single enterprise or project for profit, sharing the risks associated with its development. The parties to the joint venture must be at least a combination of two natural persons or entities.

Default (Background) Intellectual Property Ownership Ownership of intellectual property can be owned by one entity, typically the creator, in the form of Sole Ownership. One or more creators can also own ownership of intellectual property through Joint Ownership.

A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a JV, each of the participants is responsible for profits, losses, and costs associated with it.

To establish the existence of a joint venture, a plaintiff will be called upon to plead and prove all of the required elements for such: a manifestation of intent of the parties to be associated as joint venturers; mutual contribution to the joint undertaking through a combination of property, financial resources,

Generally, a joint venture consists of each of the following characteristics: The parties undertaking the joint venture are legally independent, with the exception of the work they do together during this collaboration. The parties set out to accomplish a specific, mutually beneficial goal.

In many cases, a joint venture agreement will break apart because one or both companies break the agreement. Furthermore, because this is such a common occurrence among joint venture agreement, most contracts for this type of partnership will have a list of scenarios that defines what actions break the contract.

A contract (understanding) between the parties is necessary for a joint venture but need not be reduced to a formal written or even oral formal agreement; it might be inferred from the facts, circumstances, and conduct of the parties.

Although a joint venture doesn't require that you form a separate entity, many businesses choose to take this route.

The licensee manufactures products and pays a royalty fee to the licensor for the rights to use the brand. With joint ventures, on the other hand, both parties work together to reach a common goal and assume equal liability should something go wrong with the project.

A joint venture agreement is legally binding like other contracts.

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Contracts with CMS and the Texas HHSC to participate in the Texas Dual Eligible Integrated Care. Demonstration Project.Following provisions in the performance of the Agreement.

The Authority agrees to submit to and receive authorization for and from the Texas HHSC to conduct demonstration projects for a 30-day period, with a duration not to exceed 90 days. The Authority agrees to make available space at CMS-designated provider facilities within the Texas Health and Human Services Commission Division of Adult and Community Behavioral and Health Services for demonstration projects. The Authority agrees to make use of an estimated amount of space under the Agreement as well as space available at other state and federal agency medical facilities. The Authority agrees to continue to make use of other state and federal agency medical facilities for the purpose of conducting and presenting demonstration projects.

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The materials in this section are taken from public sources. We disclaim all representations or any warranties, express or implied, as to the accuracy, authenticity, reliability, accessibility, adequacy, or completeness of any data in this paragraph. Nevertheless, we make every effort to cite public sources deemed reliable and trustworthy.

Tarrant Texas Joint-Venture Agreement for Exploitation of Patent

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Who owns intellectual property in a joint venture?

What constitutes a joint venture?

Who owns intellectual property in a partnership?

How do you tell if a company is a joint venture?

How do you prove a joint venture?

Is a joint venture its own legal entity?

Can a joint venture be broken?

Does a joint venture require a written agreement?

Does a joint venture have to be a legal entity?

What is the difference between joint venture and licensing?

Is a joint venture legally binding?

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What is the Tarrant Joint-Venture Agreement for Exploitation of Patent683374?

Who are the parties involved in the Tarrant Joint-Venture Agreement?

What is the purpose of the Tarrant Joint-Venture Agreement?

What does 'exploitation of Patent683374' mean?

How are the profits from the exploitation of Patent683374 shared?

What happens if there is a dispute between the parties?

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