This document is a technology license between two companies entering into a joint venture. They agree to market and sell the product described in the license agreement.
Kansas Technology License is a legal agreement that grants individuals or organizations the rights to use and/or commercialize certain technologies developed by research institutions, universities, or private entities located in the state of Kansas. This license provides a framework for the transfer and protection of intellectual property, encouraging collaboration between technology developers and licensees for mutual benefit. The Kansas Technology License encompasses various types, each catering to specific technology sectors and applications: 1. Software License: This type of license enables the use, modification, and distribution of software applications developed in Kansas. It outlines the terms and conditions under which software developers can grant others the right to utilize their technology. 2. Patent License: A patent license permits the licensee to practice an invention protected by patent rights. It grants the licensee the right to produce, use, and sell the patented technology in exchange for royalty payments or other predetermined terms. 3. Research License: A research license allows entities to access and utilize patented or proprietary technologies for research purposes. It offers a limited scope of intellectual property rights, typically non-exclusive, to facilitate further research and potential commercialization. 4. Exclusive License: An exclusive license grants the licensee the sole rights to use, market, and sell a particular technology within a defined market or industry. The licensor may retain some rights but generally cannot grant licenses to any other party within the designated field. 5. Non-Exclusive License: In contrast to an exclusive license, a non-exclusive license allows multiple licensees to utilize and potentially commercialize a technology simultaneously. This type of license is often employed in technologies with broad applications or diverse markets. 6. Start-Up License: A start-up license establishes a specific framework to support and accommodate technology transfer to newly formed companies. It may include provisions such as reduced licensing fees, preferential terms, or business support to encourage innovation and entrepreneurship. Kansas Technology License encompasses a wide range of industries, including biotechnology, agriculture, healthcare, engineering, and more. By effectively managing intellectual property rights and encouraging technology commercialization, this licensing framework promotes innovation, economic growth, and collaboration between research institutions, technology developers, and businesses across Kansas.