The Kentucky Subscriber Unit License Agreement is a legally binding document established between QUALCOMM, Inc. and Repoint, Inc. that outlines the terms and conditions for the license to manufacture and sell Subscriber Units. This agreement enables Repoint, Inc. to access QUALCOMM's proprietary technology, expertise, and intellectual property necessary for the production and distribution of Subscriber Units. The agreement provides comprehensive details on the rights and obligations granted to Repoint, Inc. as a licensee, including the scope of the license, permitted use of the technology, and any restrictions or limitations imposed by QUALCOMM, Inc. Key aspects covered in this license agreement include: 1. License Grant: The agreement specifies the specific license type granted to Repoint, Inc., such as a limited or exclusive license, outlining the relevant territories and time frames. 2. Royalties and Payments: The agreement outlines the payment terms, including any upfront fees, ongoing royalties, or revenue-sharing arrangements. It may also include provisions for auditing and reporting on sales volumes and financial transactions. 3. Intellectual Property Rights: Both parties acknowledge the ownership and protection of QUALCOMM's intellectual property related to Subscriber Units. The agreement establishes the conditions for the use, preservation, and enforcement of these rights. 4. Quality Control: QUALCOMM, Inc. may require Repoint, Inc. to adhere to specific quality standards and procedures during the manufacturing process. This ensures that the Subscriber Units meet the expected performance and reliability benchmarks. 5. Termination: The agreement defines the circumstances under which either party can terminate the license, including breach of contractual obligations, non-payment, or non-compliance with the license conditions. It may also include provisions for dispute resolution and mediation. Different types of Kentucky Subscriber Unit License Agreements may exist between QUALCOMM, Inc. and Repoint, Inc., depending on the specific terms and conditions negotiated. These may include variations in the license scope, territory restrictions, exclusivity rights, payment structures, or any additional provisions requested by either party. Overall, the Kentucky Subscriber Unit License Agreement is an essential legal document that governs the relationship between QUALCOMM, Inc. and Repoint, Inc. It ensures that Repoint, Inc. has the necessary rights and responsibilities to manufacture and sell Subscriber Units while protecting QUALCOMM's intellectual property and commercial interests.
Kentucky 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 Kentucky Subscriber Unit License Agreement Between QUALCOMM, Inc. And NeoPoint, Inc. Regarding Obtaining A License To Manufacture And Sell Subscriber Units?
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To get back to basics, content licensing allows companies to republish or repurpose published material through a legal agreement often referred to as a copyright license. It's a flexible solution for companies looking to add to their digital magazines, blog posts or other content initiatives.
Functional profiles and profitability: intercompany agreements formalize the allocation of functions, risks and assets between related parties as well as the intended compensation for the parties.
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.
A manufacturing license agreement (MLA) is an agreement between an inventor and a manufacturer, explains the University of Washington's Office of Research. The agreement allows a third party to produce and use the inventor's product for payment in royalties or a specific lump sum.
A content licensing agreement allows companies to repurpose or republish material through a legal contract. Often called a copyright license, it's a flexible solution for companies that wish to distribute previously published materials.
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.
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.