Technology License Agreement between 724 Solutions, Inc. and Bank of America National Trust and Savings Association regarding designing, developing and marketing Internet based electronic banking applications over a variety of access platforms dated
The Suffolk New York Technology License Agreement is a legal contract that outlines the terms and conditions of designing, developing, and marketing Internet-based electronic banking applications in the Suffolk County area of New York. This agreement is specifically tailored for individuals, entrepreneurs, or businesses involved in the technology sector who are seeking to license their software or technology for use in the electronic banking industry. Keywords: Suffolk New York, Technology License Agreement, designing, developing, marketing, Internet-based, electronic banking applications. Different types of Suffolk New York Technology License Agreements regarding designing, developing, and marketing Internet-based electronic banking applications may include: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to use the licensed technology within a specific geographical area or market segment. It ensures that no other party can exploit the same technology in the same region. 2. Non-Exclusive License Agreement: This agreement allows multiple licensees to use the technology simultaneously. It grants the licensee non-exclusive rights to design, develop, and market electronic banking applications within the defined terms and conditions. 3. Perpetual License Agreement: A perpetual license agreement grants the licensee unlimited, lifetime rights to use and exploit the licensed technology for designing, developing, and marketing electronic banking applications. 4. Limited License Agreement: This agreement restricts the licensee's rights to certain aspects or functionalities of the licensed technology. The licensee may be prohibited from using the technology in certain markets or for specific purposes. 5. Royalty-Based License Agreement: In this type of agreement, the licensee agrees to pay royalties to the licensor based on specific terms, such as a percentage of revenue generated from the licensed technology or a fixed monthly payment. 6. Source Code License Agreement: This agreement grants the licensee access to the source code of the licensed technology, allowing for customization, modification, and improvement of the electronic banking applications. 7. Sublicense Agreement: A sublicense agreement allows the original licensee to grant sub-license rights to third parties, enabling them to utilize the licensed technology for their own electronic banking applications. It is essential to carefully review and negotiate the specific terms and provisions within the Suffolk New York Technology License Agreement, seeking legal advice if necessary, to ensure compliance with relevant laws and protect the interests of both parties involved.
The Suffolk New York Technology License Agreement is a legal contract that outlines the terms and conditions of designing, developing, and marketing Internet-based electronic banking applications in the Suffolk County area of New York. This agreement is specifically tailored for individuals, entrepreneurs, or businesses involved in the technology sector who are seeking to license their software or technology for use in the electronic banking industry. Keywords: Suffolk New York, Technology License Agreement, designing, developing, marketing, Internet-based, electronic banking applications. Different types of Suffolk New York Technology License Agreements regarding designing, developing, and marketing Internet-based electronic banking applications may include: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to use the licensed technology within a specific geographical area or market segment. It ensures that no other party can exploit the same technology in the same region. 2. Non-Exclusive License Agreement: This agreement allows multiple licensees to use the technology simultaneously. It grants the licensee non-exclusive rights to design, develop, and market electronic banking applications within the defined terms and conditions. 3. Perpetual License Agreement: A perpetual license agreement grants the licensee unlimited, lifetime rights to use and exploit the licensed technology for designing, developing, and marketing electronic banking applications. 4. Limited License Agreement: This agreement restricts the licensee's rights to certain aspects or functionalities of the licensed technology. The licensee may be prohibited from using the technology in certain markets or for specific purposes. 5. Royalty-Based License Agreement: In this type of agreement, the licensee agrees to pay royalties to the licensor based on specific terms, such as a percentage of revenue generated from the licensed technology or a fixed monthly payment. 6. Source Code License Agreement: This agreement grants the licensee access to the source code of the licensed technology, allowing for customization, modification, and improvement of the electronic banking applications. 7. Sublicense Agreement: A sublicense agreement allows the original licensee to grant sub-license rights to third parties, enabling them to utilize the licensed technology for their own electronic banking applications. It is essential to carefully review and negotiate the specific terms and provisions within the Suffolk New York Technology License Agreement, seeking legal advice if necessary, to ensure compliance with relevant laws and protect the interests of both parties involved.