Oakland Michigan Exclusive License Agreement between Iowa State University Research Foundation, Inc. and eMerge Interactive, Inc.

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

Description

Exclusive License Agreement dated August 3, 1999. 13 pages An exclusive license agreement is a legally binding contract that grants certain rights and privileges to a specific party, known as the licensee, to utilize intellectual property belonging to another party, known as the licensor. In this case, the Oakland Michigan Exclusive License Agreement refers specifically to the agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc., which pertains to the exclusive licensing of intellectual property developed by the University. The agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a significant and valuable partnership that allows to emerge Interactive, Inc. to benefit from the groundbreaking research and innovations originating from Iowa State University. As one of the leading research institutions in the country, Iowa State University conducts extensive studies in various fields, generating intellectual property that has the potential for commercialization and market penetration. The exclusive license agreement between these two entities aims to facilitate the efficient transfer of technology and knowledge, ultimately leading to the development of new products, services, or processes in Oakland, Michigan. The agreement outlines the specific terms and conditions under which emerge Interactive, Inc. gains exclusive rights to commercialize and exploit the licensed intellectual property. These rights typically include the privilege to manufacture, sell, and distribute products or services that incorporate or leverage the licensed IP, while preventing others from doing the same for a specified period. The agreement may also specify obligations and requirements the licensee must meet, such as milestones related to research and development, commercialization efforts, royalties, and financial considerations. It's worth noting that there could be distinct types of Oakland Michigan Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. These variations may depend on various factors, such as the specific intellectual property being licensed, the field or industry to which it relates, and the desired scope of exclusivity. For instance, the agreement could encompass different types of intellectual property, such as patents, copyrights, trademarks, or trade secrets. Additionally, the agreement may involve exclusive licenses for a specific geographic region, product category, or market segment within Oakland, Michigan. Overall, the Oakland Michigan Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. represents a strategic partnership that promotes innovation, facilitates technology transfer, and drives economic growth in both academia and the business sector. It enables emerge Interactive, Inc. to leverage the University's unparalleled research capabilities and intellectual property for the development of groundbreaking products or services that address market needs in Oakland, Michigan, and potentially beyond. This collaboration is a testament to the importance of fostering strong relationships between academia and industry to drive technological advancements and enhance economic prosperity.

An exclusive license agreement is a legally binding contract that grants certain rights and privileges to a specific party, known as the licensee, to utilize intellectual property belonging to another party, known as the licensor. In this case, the Oakland Michigan Exclusive License Agreement refers specifically to the agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc., which pertains to the exclusive licensing of intellectual property developed by the University. The agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. is a significant and valuable partnership that allows to emerge Interactive, Inc. to benefit from the groundbreaking research and innovations originating from Iowa State University. As one of the leading research institutions in the country, Iowa State University conducts extensive studies in various fields, generating intellectual property that has the potential for commercialization and market penetration. The exclusive license agreement between these two entities aims to facilitate the efficient transfer of technology and knowledge, ultimately leading to the development of new products, services, or processes in Oakland, Michigan. The agreement outlines the specific terms and conditions under which emerge Interactive, Inc. gains exclusive rights to commercialize and exploit the licensed intellectual property. These rights typically include the privilege to manufacture, sell, and distribute products or services that incorporate or leverage the licensed IP, while preventing others from doing the same for a specified period. The agreement may also specify obligations and requirements the licensee must meet, such as milestones related to research and development, commercialization efforts, royalties, and financial considerations. It's worth noting that there could be distinct types of Oakland Michigan Exclusive License Agreements between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. These variations may depend on various factors, such as the specific intellectual property being licensed, the field or industry to which it relates, and the desired scope of exclusivity. For instance, the agreement could encompass different types of intellectual property, such as patents, copyrights, trademarks, or trade secrets. Additionally, the agreement may involve exclusive licenses for a specific geographic region, product category, or market segment within Oakland, Michigan. Overall, the Oakland Michigan Exclusive License Agreement between Iowa State University Research Foundation, Inc. and emerge Interactive, Inc. represents a strategic partnership that promotes innovation, facilitates technology transfer, and drives economic growth in both academia and the business sector. It enables emerge Interactive, Inc. to leverage the University's unparalleled research capabilities and intellectual property for the development of groundbreaking products or services that address market needs in Oakland, Michigan, and potentially beyond. This collaboration is a testament to the importance of fostering strong relationships between academia and industry to drive technological advancements and enhance economic prosperity.