A
license agreement is a legal contract between two parties where one party, known as the licensor, allows the other party, known as the licensee, to use their intellectual property, such as software or content, in exchange for certain terms and conditions. It sets out the rights and limitations regarding the use of the licensed property.
Full definition
In many European countries, by contrast, a company that does not itself make use of a patent for three years must negotiate
license agreements with other companies wishing to use it.
He assists with the negotiation
of license agreements for the company and also handles all day - to - day legal matters.
One audience member suggested that patent holders could be compensated not
through licensing agreements but by new technology that actually tracked when the patented invention itself was used in a product.
His practice extends beyond these two areas and includes freedom - to - operate opinions, as well as preparing and reviewing contracts
including licensing agreements and joint development agreements.
You can learn more about the requirements to draft a legal binding Patent Assignment Agreement here, as well as when it would be more appropriate to use a
Patent License Agreement.
Instead of a 60 + page commercial lease, our clients review and execute a simple
license agreement which outlines all terms and conditions of our space and the building.
We do have plans to open international territories through further
licensing agreements at a later date, but it will not be possible for this campaign.
Poor quality patents can slow innovation by encouraging frivolous lawsuits and forcing innovative firms to negotiate expensive
licensing agreements before bringing a new product to market.
Libraries, other cultural heritage institutions as well as law firms, governments and a variety of organizations are all faced with signing
various license agreements for the use of digital content.
Its global corporate network spans more than 90 countries worldwide and is made up of company - owned offices and
strategic licensing agreements with leading local agencies.
It shows that digital content can be sold to a 3rd party as long as the seller does not use the product anymore, which would violate the
original licensing agreement.
As the owner of the intellectual property you have control because a
good licensing agreement includes controls and approvals... but good partners know what works on various types of products.
By creating an End User
License Agreement rather than a sale, you are able to define the terms and the limits of the use of the copyrighted software.
Now deals between universities and early - stage companies are on the rise — and many are much more like partnerships than
mere licensing agreements.
Once a patent application is filed, the tech transfer group will begin to actively pursue commercial partners for
potential license agreements or other forms of alliances.
Once a manufacturer displays interest in your invention idea, our licensing negotiation team will contact you and work side by side with you in entering into a fair and
profitable licensing agreement.
We welcome partnerships with industry, including funded product development collaborations, product evaluations, or
full licensing agreements.
Much of it, in fact, is buried in long,
dry license agreements and on sites that are available only to partners.
It can require reading through
stacked license agreements and privacy policies for devices, software platforms, and e-book stores.
Once you have gone through the
initial license agreements and set yourself up your loaded into a hub where you can begin your journey through the game.
Electronic Arts has long had sports simulations of all kinds in a submission hold, with exclusive
license agreements locking up years of virtual football and hockey.
Phrases with «license agreement»