Kansas Know-How License and Technical Assistance Agreement is a legal contract arrangement that allows businesses to transfer their technological knowledge, expertise, and technical support to another party in exchange for a licensing fee or technical assistance fee. This agreement enables businesses in Kansas to share their proprietary technology, trade secrets, know-how, and technical skills with other entities, facilitating technology transfer, and fostering economic growth. One type of Kansas Know-How License and Technical Assistance Agreement is the Technology Licensing Agreement. This agreement grants the licensee the right to use the licensor's patented technology, invention, or innovation. It allows the licensee to incorporate the licensed technology into their products, processes, or services, helping them enhance their competitiveness in the market. Another type is the Intellectual Property License Agreement, which focuses on granting the licensee the rights to use the licensor's intellectual property assets. These assets may include trademarks, copyrights, patents, or trade secrets. This agreement ensures that the licensee can legally use and protect the licensor's intellectual property while paying the necessary royalties or licensing fees. Additionally, there are Technical Assistance Agreements, which involve the provision of technical guidance, consulting services, and support to the licensee. This type of agreement allows businesses to leverage the expertise and knowledge of the licensor to improve their operations, address technical challenges, and enhance their products or services' quality. Kansas Know-How License and Technical Assistance Agreement provides a platform for collaborative innovation, where both parties benefit from the exchange of technical knowledge and expertise. It allows businesses in Kansas to expand their market reach, generate additional revenue through licensing fees, and build long-term relationships with their licensees or technical assistance recipients. In summary, Kansas Know-How License and Technical Assistance Agreement enables businesses to share their technological knowledge, trade secrets, and technical support with other entities. This agreement promotes technology transfer, encourages innovation, and supports economic development in the region. Different types of agreements include Technology Licensing Agreement, Intellectual Property License Agreement, and Technical Assistance Agreements.
Kansas Know-How License and Technical Assistance Agreement
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A Technical Assistance Agreement is a short-term agreement that allows a Federal laboratory and its researchers to provide technical, research or other resources to a non-Federal party with or without reimbursement 15 U.S.C § 3710a (b) (3) (A).
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.
The term licensing agreement refers to a legal, written contract between two parties wherein the property owner gives permission to another party to use their brand, patent, or trademark.
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.
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.
The license of know-how is the information necessary or beneficial to the commercialization of the patented invention. A patent license combines matters of federal and state law, whereas a know-how license is subject only to state law since it is not subject to federal statutory protection.
As a general rule, any well-drafted license agreement should address the following topics:Scope of the grant.Term and renewal.Performance standards and quotas.Payments to the licensor.Quality control, assurance and protection.Insurance and indemnification.Accounting, reports and audits.More items...?
The license of know-how is the information necessary or beneficial to the commercialization of the patented invention. A patent license combines matters of federal and state law, whereas a know-how license is subject only to state law since it is not subject to federal statutory protection.