Fairfax Virginia Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.

• Category: Corporations - Public - Licenses
• State: Multi-State
• County: Fairfax
• Control #: US-EG-9167
• Format: Word; Rich Text

Description

Exclusive License Agreement dated August 3, 1999. 13 pages Fairfax, Virginia: A Vibrant City in Northern Virginia Located in the heart of Northern Virginia, Fairfax is a thriving city known for its rich history, diverse communities, and vibrant cultural scene. As the county seat of Fairfax County, it offers a mix of suburban charm and urban amenities, making it an ideal place to live, work, and visit. With a population of over 24,000 residents, Fairfax is home to a well-educated and highly skilled workforce. The city is strategically positioned near major transportation hubs, providing easy access to Washington, D.C., and the larger metropolitan area. This makes Fairfax an attractive location for businesses, research institutions, and tech startups seeking to harness the region's innovative spirit. One such collaboration that exemplifies Fairfax's commitment to fostering innovation is the Exclusive License Agreement between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. (emerge). This partnership aims to leverage the research capabilities of SURF and the technological expertise of emerge, creating groundbreaking solutions in their respective fields. The Exclusive License Agreement grants emerge the exclusive rights to utilize and commercialize SURF's patented technologies in an array of industries. By securing this license, emerge gains a competitive advantage, ensuring that they alone have access to and can capitalize on these cutting-edge innovations. This type of Fairfax Virginia Exclusive License Agreement serves as a mutually beneficial arrangement, allowing SURF to extend the impact of their research and generate revenue through licensing fees. Simultaneously, emerge gains unique access to breakthrough technologies, paving the way for potential market dominance and increased profitability. While there may be variations within Fairfax Virginia Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc., some possible types could include: 1. Intellectual Property Agreement: This agreement could entail licensing SURF's patented technologies exclusively to emerge, granting them the sole rights to apply, develop, and market the intellectual property in specific industries or geographic regions. 2. Research Collaboration Agreement: In this type of agreement, SURF and emerge could engage in joint research endeavors, combining their expertise to advance technological breakthroughs. This collaboration could span various scientific disciplines, such as biotechnology, environmental science, or information technology. 3. Royalty Agreement: This agreement might involve emerge paying SURF a predetermined royalty percentage on sales generated from the licensed technologies. Such an agreement ensures a fair compensation structure for both parties and incentivizes ongoing innovation and commercialization efforts. Fairfax, Virginia, through agreements like these, showcases its commitment to cultivating an environment that fosters collaboration, research, and entrepreneurship. This approach not only strengthens the bonds between academia and industry but also enhances the city's reputation as a hub for innovation and technological advancement.

Fairfax, Virginia: A Vibrant City in Northern Virginia Located in the heart of Northern Virginia, Fairfax is a thriving city known for its rich history, diverse communities, and vibrant cultural scene. As the county seat of Fairfax County, it offers a mix of suburban charm and urban amenities, making it an ideal place to live, work, and visit. With a population of over 24,000 residents, Fairfax is home to a well-educated and highly skilled workforce. The city is strategically positioned near major transportation hubs, providing easy access to Washington, D.C., and the larger metropolitan area. This makes Fairfax an attractive location for businesses, research institutions, and tech startups seeking to harness the region's innovative spirit. One such collaboration that exemplifies Fairfax's commitment to fostering innovation is the Exclusive License Agreement between Iowa State University Research Foundation, Inc. (SURF) and emerge Interactive, Inc. (emerge). This partnership aims to leverage the research capabilities of SURF and the technological expertise of emerge, creating groundbreaking solutions in their respective fields. The Exclusive License Agreement grants emerge the exclusive rights to utilize and commercialize SURF's patented technologies in an array of industries. By securing this license, emerge gains a competitive advantage, ensuring that they alone have access to and can capitalize on these cutting-edge innovations. This type of Fairfax Virginia Exclusive License Agreement serves as a mutually beneficial arrangement, allowing SURF to extend the impact of their research and generate revenue through licensing fees. Simultaneously, emerge gains unique access to breakthrough technologies, paving the way for potential market dominance and increased profitability. While there may be variations within Fairfax Virginia Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc., some possible types could include: 1. Intellectual Property Agreement: This agreement could entail licensing SURF's patented technologies exclusively to emerge, granting them the sole rights to apply, develop, and market the intellectual property in specific industries or geographic regions. 2. Research Collaboration Agreement: In this type of agreement, SURF and emerge could engage in joint research endeavors, combining their expertise to advance technological breakthroughs. This collaboration could span various scientific disciplines, such as biotechnology, environmental science, or information technology. 3. Royalty Agreement: This agreement might involve emerge paying SURF a predetermined royalty percentage on sales generated from the licensed technologies. Such an agreement ensures a fair compensation structure for both parties and incentivizes ongoing innovation and commercialization efforts. Fairfax, Virginia, through agreements like these, showcases its commitment to cultivating an environment that fosters collaboration, research, and entrepreneurship. This approach not only strengthens the bonds between academia and industry but also enhances the city's reputation as a hub for innovation and technological advancement.