Non Exclusive In Agreement

State:
Multi-State
Control #:
US-01161BG
Format:
Word; 
Rich Text
Instant download

Description

The Non-Exclusive License Agreement for Exploitation of a Secret Process is a legally binding document that outlines the terms under which an Owner grants a Manufacturer the right to use a proprietary process for manufacturing specific products. This agreement is non-exclusive, meaning the Owner can enter similar agreements with other parties. Key features include the rights granted to the Manufacturer, the warranty from the Owner regarding the process, the outline of royalty payments, and obligations concerning best efforts and confidentiality. Filling instructions require specifying names, product details, and royalty percentages, ensuring clarity in financial arrangements. This form serves a broad range of legal professionals, including attorneys, owners, and paralegals, who might use it to facilitate manufacturing agreements while protecting intellectual property. It also supports effective management of confidential information and outlines remedies for breaches, making it a vital tool in business negotiations.
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  • Preview Non-Exclusive License Agreement for Exploitation of a Secret Process
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FAQ

The services of the Adviser to the Trust are not deemed exclusive, and the Adviser shall be free to render similar services to others, to the extent that such service does not affect the Adviser's ability to perform its duties and obligations hereunder. See All (88) Non-Exclusive Services.

Sample 3. Non-Exclusive meanss that the party granting the right shall be free to grant the same right to any other party within the relevant territory.

Non-exclusive. adjective. LAW. not limited to only one person or organization, or to one group of people or organizations: a non-exclusive agreement/deal/licence They have entered into a non-exclusive distribution agreement.

Non-exclusive Contract A contract under which the Owner agrees to obtain some, but not necessarily all, of the Owner's requirements for a particular service.

Non-exclusivity clauses, also called non-exclusivity agreements, allow service providers or goods producers to buy and sell services under a non-exclusive arrangement. It's essential to ensure that clause includes non-exclusive agreement language.

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Non Exclusive In Agreement