Hennepin Minnesota Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.

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

Description

Exclusive License Agreement dated August 3, 1999. 13 pages Hennepin Minnesota Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a legally binding contract that grants emerge Interactive, Inc. the exclusive rights to use, manufacture, and commercialize a specific technology or intellectual property developed by Iowa State University Research Foundation, Inc. This agreement establishes a partnership between the two entities, allowing to emerge Interactive to leverage the innovative research and development conducted by Iowa State University. Through this exclusive license, emerge Interactive gains the sole authority to exploit the licensed technology or intellectual property within the region of Hennepin, Minnesota. The agreement outlines the specific terms and conditions under which emerge Interactive can operate, including the duration of the license, the obligations of both parties, and any financial arrangements, such as upfront fees, royalties, or revenue sharing. It also addresses issues related to patent protection, confidentiality, and any restrictions on sublicensing or assignment of the license. The Hennepin Minnesota Exclusive License Agreement may involve various types, depending on the nature of the technology or intellectual property being licensed. Some of these common license types may include: 1. Patent License Agreement: This grants emerge Interactive the exclusive rights to practice or commercialize a patented invention in Hennepin, Minnesota, as developed by Iowa State University Research Foundation, Inc. 2. Copyright License Agreement: If the intellectual property being licensed includes copyrighted works such as software, databases, or artistic creations, this type of agreement allows emerging Interactive to exclusively use, distribute, or modify those copyrighted materials. 3. Trademark License Agreement: In certain cases, the license agreement may focus on granting emerge Interactive exclusive rights to use specific trademarks, logos, or brand names associated with the licensed technology or product within the specified region. 4. Trade Secret License Agreement: If the intellectual property in question involves trade secrets (confidential and proprietary information), this type of agreement ensures emerge Interactive's exclusive access and use of those trade secrets while maintaining their confidentiality. By entering into a Hennepin Minnesota Exclusive License Agreement with emerge Interactive, Iowa State University Research Foundation, Inc. creates an opportunity for the licensee to benefit commercially from their research, while also promoting economic development and technology transfer within the region.

Hennepin Minnesota Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a legally binding contract that grants emerge Interactive, Inc. the exclusive rights to use, manufacture, and commercialize a specific technology or intellectual property developed by Iowa State University Research Foundation, Inc. This agreement establishes a partnership between the two entities, allowing to emerge Interactive to leverage the innovative research and development conducted by Iowa State University. Through this exclusive license, emerge Interactive gains the sole authority to exploit the licensed technology or intellectual property within the region of Hennepin, Minnesota. The agreement outlines the specific terms and conditions under which emerge Interactive can operate, including the duration of the license, the obligations of both parties, and any financial arrangements, such as upfront fees, royalties, or revenue sharing. It also addresses issues related to patent protection, confidentiality, and any restrictions on sublicensing or assignment of the license. The Hennepin Minnesota Exclusive License Agreement may involve various types, depending on the nature of the technology or intellectual property being licensed. Some of these common license types may include: 1. Patent License Agreement: This grants emerge Interactive the exclusive rights to practice or commercialize a patented invention in Hennepin, Minnesota, as developed by Iowa State University Research Foundation, Inc. 2. Copyright License Agreement: If the intellectual property being licensed includes copyrighted works such as software, databases, or artistic creations, this type of agreement allows emerging Interactive to exclusively use, distribute, or modify those copyrighted materials. 3. Trademark License Agreement: In certain cases, the license agreement may focus on granting emerge Interactive exclusive rights to use specific trademarks, logos, or brand names associated with the licensed technology or product within the specified region. 4. Trade Secret License Agreement: If the intellectual property in question involves trade secrets (confidential and proprietary information), this type of agreement ensures emerge Interactive's exclusive access and use of those trade secrets while maintaining their confidentiality. By entering into a Hennepin Minnesota Exclusive License Agreement with emerge Interactive, Iowa State University Research Foundation, Inc. creates an opportunity for the licensee to benefit commercially from their research, while also promoting economic development and technology transfer within the region.