Exclusive Option Agreement With A Borrower

State:
Multi-State
Control #:
US-EG-9434
Format:
Word; 
Rich Text
Instant download

Description

Exclusive Option Agreement between UTEK Corporation and John Hopkins University regarding exclusive option to license on an exclusive basis certain technology dated 00/00. 2 pages.
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FAQ

A person who holds an option. Usually, the holder will have purchased the option. In the context of an employees' share scheme, options are often granted by deed, meaning that the option holder does not pay any consideration for the grant of the option (see also employee share option scheme).

An options contract offers the buyer the opportunity to buy or selldepending on the type of contract they holdthe underlying asset. Unlike futures, the holder is not required to buy or sell the asset if they decide against it.

What Is a Contract Holder? A contract holder is an individual or organization owed a return on a contractual obligation. If all parties meet the terms of the contract, the contract holder receives the full benefits outlined in the contract.

The difference between exclusive and non-exclusive agreement refers to how vendors and partners work with each other. Exclusive agreements exclude competitors for a set period of time, while non-exclusive agreements allow for competitors, often as motivating tools.

In the simplest terms, a real-estate option contract is a uniquely designed agreement that's strictly between the seller and the buyer. In this agreement, a seller offers an option to the buyer to purchase property at a fixed price within a limited time frame.

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Exclusive Option Agreement With A Borrower