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A sublicense agreement is a legal document that outlines the terms and conditions where one business owner allows another party to use their intellectual property. The original business owner, or licensor, often has the exclusive right to license specific intellectual property for a certain period of time. Sublicense Agreement: Definition & Sample - Contracts Counsel contractscounsel.com ? sublicense-agreement contractscounsel.com ? sublicense-agreement
The owner of the software can release their software to the public through a copyright license: the license grants users the right to use, investigate, enhance, change, and distribute the software and its source code. Use of open-source software and related copyright license infringement tradecommissioner.gc.ca ? copyright_license... tradecommissioner.gc.ca ? copyright_license...
1. a license or contract granted to a third party by a licensee for specified rights or uses of a product, brand name, logo, etc. transitive verb. 2. to grant a sublicense for. SUBLICENSE definition and meaning | Collins English Dictionary collinsdictionary.com ? dictionary ? sublice... collinsdictionary.com ? dictionary ? sublice...
A Sublicense shall be an Exclusive or Non-Exclusive License granted by the Licensee to a further licensee designated by it (sublicensee) for exploiting the Contractual IP Rights within the scope of the rights granted to the Licensee itself. Sublicense Sample Clauses - Law Insider lawinsider.com ? clause ? sublicense lawinsider.com ? clause ? sublicense
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. Licensing Agreement: Definition, Example, Types, and Benefits investopedia.com ? terms ? licensing-agree... investopedia.com ? terms ? licensing-agree...