The Alabama Subscriber Unit License Agreement (SLA) is a comprehensive legal contract between QUALCOMM, Inc. and Repoint, Inc. that governs the terms and conditions for obtaining a license to manufacture and sell Subscriber Units in Alabama. This agreement outlines the rights, responsibilities, and obligations of both parties involved in the licensing process. Under the Alabama SLA, QUALCOMM, Inc. grants Repoint, Inc. the authorization to manufacture and sell Subscriber Units within the state. This agreement ensures that Repoint, Inc. complies with all the regulations, standards, and intellectual property rights associated with QUALCOMM's technology. The Alabama SLA specifies the scope of the license granted, including any limitations or exclusions. It defines the specific Subscriber Units covered by the agreement, such as smartphones, tablets, IoT devices, or any other devices utilizing QUALCOMM technology. The agreement also addresses various crucial aspects, including quality control, intellectual property protection, warranty, indemnification, confidentiality, and dispute resolution mechanisms. It outlines the responsibilities of both parties regarding design, production, branding, marketing, and distribution of the Subscriber Units. The Alabama SLA may have different types or variations, depending on the specific terms and conditions agreed upon by QUALCOMM, Inc. and Repoint, Inc. Some potential variations could include: 1. Exclusive License Agreement: This type of agreement may grant Repoint, Inc. the exclusive right to manufacture and sell Subscriber Units in Alabama, barring any competition from other licensees. 2. Non-Exclusive License Agreement: This variant allows Repointing, Inc. to manufacture and sell Subscriber Units in Alabama, but QUALCOMM, Inc. retains the right to grant licenses to other companies within the state. 3. Perpetual License Agreement: In this agreement, Repoint, Inc. may obtain a license to manufacture and sell Subscriber Units indefinitely, with no expiration date specified. 4. Limited Term License Agreement: This type of agreement grants Repoint, Inc. a license to manufacture and sell Subscriber Units in Alabama for a specified duration, after which the license either expires or must be renewed. These are just a few possible types of Alabama Subscriber Unit License Agreements that QUALCOMM, Inc. and Repoint, Inc. may consider or negotiate based on their business requirements and preferences.
Alabama Subscriber Unit License Agreement between QUALCOMM, Inc. and NeoPoint, Inc. regarding obtaining a license to manufacture and sell Subscriber Units
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How to fill out Alabama Subscriber Unit License Agreement Between QUALCOMM, Inc. And NeoPoint, Inc. Regarding Obtaining A License To Manufacture And Sell Subscriber Units?
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By Practical Law Intellectual Property & Technology. An agreement for the licensing of intellectual property (IP) by a parent, IP holding company, or other company to an affiliated company within the same corporate group.
Our global licensing program enables us to share our world-leading inventions with licensees so they can focus on providing the best possible products to their customers. Across more than 300 licensing agreements, over 18B devices have benefitted from licensing Qualcomm's patents.
Key Takeaways. A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
A technology licensing agreement is a contract that outlines the terms and conditions of a licensing agreement between a technology company and a party purchasing the use, reselling rights, or rights to change a particular software product or intellectual property of the technology company.
Technology licensing is a contractual arrangement in which the licenser's patents, trademarks, service marks, copyrights, trade secrets, or other intellectual property may be sold or made available to a licensee; compensation is negotiated in advance between the parties.
Patent Licensing is often referred to as Assertive and likely requires litigation to enforce the patent owners rights. Technology Licensing is synergistic and often results in a win-win relationship between licensor and licensee.
Some common types of technology transfer agreements are as follows: Licensing Agreements: Licensing agreements play a fundamental role in transferring technology and intellectual property. These contracts involve the licensor presenting the licensee with the ownership to use, create, or sell a specific technology.