California Nonexclusive License Agreement for the Manufacture and Sale of a Product

State:
Multi-State
Control #:
US-0571BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a nonexclusive license agreement for the manufacture and sale of a product.
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  • Preview Nonexclusive License Agreement for the Manufacture and Sale of a Product
  • Preview Nonexclusive License Agreement for the Manufacture and Sale of a Product
  • Preview Nonexclusive License Agreement for the Manufacture and Sale of a Product
  • Preview Nonexclusive License Agreement for the Manufacture and Sale of a Product
  • Preview Nonexclusive License Agreement for the Manufacture and Sale of a Product

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FAQ

Exclusive license allows a licensor to share intellectual property with a licensee for a specific period of time that usually binds the licensor to not share the property with anyone else.

Exclusive Licence grants to the licensee the right to use the intellectual property, but means that the licensor remains free to exploit the same intellectual property and to allow any number of other licensees to also exploit the same intellectual property.

Types of licensing agreement The unique feature of this type of agreement is that even the licensor is excluded to use or exploit the licensed property during the term of the agreement. Copyright, trademark and patent licenses are the best examples of an exclusive license agreement.

Licensing agreements are found in many different industries. An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.

A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.

Licensing involves obtaining permission from a company (licensor) to manufacture and sell one or more of its products within a defined market area. The company that obtains these rights (the licensee) usually agrees to pay a royalty fee to the original owner.

Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.

A license agreement is a business contract between two parties. The licensor (the seller of the license) owns the asset being licensed and the licensee (the buyer) pays for the right to use the license. The licensee pays the owner in exchange for the right to sell the product or use the technology.

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California Nonexclusive License Agreement for the Manufacture and Sale of a Product