Chicago Illinois License Agreement with attachments between Site-Based Media, Inc., and On Site Media, Inc.

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• City: Chicago
• Control #: US-CC-12-2243
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Chicago Illinois License Agreement between Site-Based Media, Inc., and On Site Media, Inc. is a legally binding contract that outlines the terms and conditions for the licensing of various intellectual property rights within the city of Chicago, Illinois. This license agreement is crucial for both parties to protect their respective assets and establish a formal working relationship. The Chicago Illinois License Agreement typically consists of several attachments, which further detail specific aspects of the licensing agreement. These attachments may include: 1. Intellectual Property: This attachment focuses on the intellectual property rights being licensed, such as copyrights, trademarks, patents, or trade secrets. It clearly specifies the scope of the license, any limitations or restrictions, and reinforces the principle of non-infringement. 2. Territory: This attachment defines the geographical territory in which the license agreement applies, restricting the use of the intellectual property to the city of Chicago, Illinois. It may also establish any exceptions or exclusions for specific locations within the city. 3. Duration: The duration attachment specifies the length of time for which the license is granted. This could range from a fixed term, such as one year, or an indefinite term, subject to termination conditions outlined in the agreement. 4. Royalties and Payments: This attachment covers the financial aspect of the agreement, detailing the royalties or payments that Site-Based Media, Inc., as the licensor, will receive from On Site Media, Inc., as the licensee. It outlines the payment schedule, methods, and any applicable taxes or fees. 5. Termination: This attachment lays out the conditions under which either party may terminate the license agreement prematurely, such as non-compliance with terms, breach of contract, bankruptcy, or expiration of the agreement. It may also include provisions for notices, remedies, and dispute resolution in case of termination. 6. Confidentiality: This attachment addresses the obligation of both parties to keep any confidential information exchanged during the agreement confidential and not to disclose it to third parties, unless required by law or with written consent. 7. Indemnification and Liability: This attachment outlines the responsibilities of each party concerning the indemnification of any third-party claims arising from the use of the licensed intellectual property. It also clearly defines the limitations of liability for both Site-Based Media, Inc., and On Site Media, Inc. It is important to note that these attachments may vary depending on the specific terms negotiated between Site-Based Media, Inc., and On Site Media, Inc., and the nature of the intellectual property being licensed. Consulting legal professionals is highly recommended ensuring all necessary details are included in the Chicago Illinois License Agreement.

Chicago Illinois License Agreement between Site-Based Media, Inc., and On Site Media, Inc. is a legally binding contract that outlines the terms and conditions for the licensing of various intellectual property rights within the city of Chicago, Illinois. This license agreement is crucial for both parties to protect their respective assets and establish a formal working relationship. The Chicago Illinois License Agreement typically consists of several attachments, which further detail specific aspects of the licensing agreement. These attachments may include: 1. Intellectual Property: This attachment focuses on the intellectual property rights being licensed, such as copyrights, trademarks, patents, or trade secrets. It clearly specifies the scope of the license, any limitations or restrictions, and reinforces the principle of non-infringement. 2. Territory: This attachment defines the geographical territory in which the license agreement applies, restricting the use of the intellectual property to the city of Chicago, Illinois. It may also establish any exceptions or exclusions for specific locations within the city. 3. Duration: The duration attachment specifies the length of time for which the license is granted. This could range from a fixed term, such as one year, or an indefinite term, subject to termination conditions outlined in the agreement. 4. Royalties and Payments: This attachment covers the financial aspect of the agreement, detailing the royalties or payments that Site-Based Media, Inc., as the licensor, will receive from On Site Media, Inc., as the licensee. It outlines the payment schedule, methods, and any applicable taxes or fees. 5. Termination: This attachment lays out the conditions under which either party may terminate the license agreement prematurely, such as non-compliance with terms, breach of contract, bankruptcy, or expiration of the agreement. It may also include provisions for notices, remedies, and dispute resolution in case of termination. 6. Confidentiality: This attachment addresses the obligation of both parties to keep any confidential information exchanged during the agreement confidential and not to disclose it to third parties, unless required by law or with written consent. 7. Indemnification and Liability: This attachment outlines the responsibilities of each party concerning the indemnification of any third-party claims arising from the use of the licensed intellectual property. It also clearly defines the limitations of liability for both Site-Based Media, Inc., and On Site Media, Inc. It is important to note that these attachments may vary depending on the specific terms negotiated between Site-Based Media, Inc., and On Site Media, Inc., and the nature of the intellectual property being licensed. Consulting legal professionals is highly recommended ensuring all necessary details are included in the Chicago Illinois License Agreement.