A mark is any word, name, symbol, or design that identifies a product or service. A trademark identifies a product (for example, Coca-Cola). A service mark identifies a service (for example, Holiday Inn). One can be an owner of a trademark or service mark, whether or not it is registered. This is common law protection. Registration is proof of ownership and makes ownership rights easier to enforce. The basic question in lawsuits over marks is whether or not the general public is likely to be confused as to the origin of the service or product.
A copyright is the exclusive right given by federal statute to the creator of a literary or an artistic work to use, reproduce, and display the work. The creator of the work has a limited monopoly on the work and can, with some exceptions, prohibit others from copying or displaying the work. Copyright law protects such works as writing, music, artwork, and computer programs. A copyright gives one the exclusive right to use or reproduce a literary, artistic, dramatic, audiovisual or musical work, or a computer program for the creator's life plus 50 years. A copyright is obtained simply by creating the work. It comes into existence automatically on the dated it is created.
Trade names are names associated with a business and its reputation. Business names are not by themselves a trademark. The name that a business uses to identify itself is called a "trade name."
Intellectual property is a property right that can be protected under federal and state law, including copyrightable works, ideas, discoveries, and inventions. The term intellectual property relates to intangible property such as patents, trademarks, copyrights, and trade secrets.
A nonexclusive license is, in effect, an agreement by the licensor not to sue the licensee for infringement of the intellectual property rights being transferred. Such nonexclusive license is also normally not transferable by assignment to any other party by the licensee and, unless otherwise expressly provided for in the agreement.
Idaho Assignment of Intellectual Property and License Agreement Regarding Prior Business is a legal document that outlines the transfer of intellectual property rights from one party to another in the state of Idaho. This agreement serves to protect the rights and interests of both parties involved and provides a framework for the licensing and use of these intellectual property assets. Keywords: Idaho, Assignment of Intellectual Property, License Agreement, Prior Business, legal document, transfer, intellectual property rights, protect, licensing, assets. There are several types of Idaho Assignment of Intellectual Property and License Agreement Regarding Prior Business, each with specific considerations and applications: 1. General Assignment: This type of agreement involves the transfer of all intellectual property rights owned by one party to another. It includes patents, trademarks, copyrights, trade secrets, and any other form of intellectual property. 2. Limited Assignment: In some cases, only specific intellectual property assets are transferred, while others may be excluded from the agreement. The limited assignment outlines the exact assets being transferred and includes a comprehensive list or description. 3. Exclusive License Agreement: This agreement grants one party the exclusive right to use and exploit the assigned intellectual property assets. It prohibits the assignor from granting any other licenses or assignments to third parties. 4. Non-exclusive License Agreement: This type of agreement allows the assignor to grant licenses to multiple parties, enabling them to use the intellectual property assets alongside the licensee. 5. Sole License Agreement: In this agreement, the assignor grants a sole licensee the right to use the intellectual property assets, but retains the right to use them as well. This agreement typically limits the assignor's ability to grant licenses to other parties. 6. Non-transferable License Agreement: This type of agreement allows the licensee to use the intellectual property assets but prohibits them from transferring or assigning these rights to any other party. Regardless of the specific type, an Idaho Assignment of Intellectual Property and License Agreement Regarding Prior Business should include important details such as the names and addresses of both parties involved, a clear description of the intellectual property being assigned, the scope and duration of the license granted, any applicable restrictions or limitations, and provisions for dispute resolution. Please note that this content is provided for informational purposes only and should not be considered legal advice. It is recommended to consult with a qualified attorney for assistance with drafting or reviewing specific legal agreements.
