Nebraska Seismic Data License Agreement — Form B is a legal document that outlines the terms and conditions for the licensing of seismic data in the state of Nebraska. This agreement is designed to protect the rights of both the licensor and the licensee, ensuring that the seismic data is used appropriately and in accordance with applicable laws and regulations. The Nebraska Seismic Data License Agreement — Form B may vary based on the specific requirements and circumstances of the seismic data being licensed. Different types of Nebraska Seismic Data License Agreements — Form B may include: 1. Individual License Agreement: This type of agreement is used when a single entity seeks to license seismic data for a specific project or purpose. It outlines the rights and responsibilities of the licensee, including the permitted use of the data, restrictions on data sharing, and any payment or royalty obligations. 2. Consortium License Agreement: In cases where multiple entities collaborate or share the costs and benefits of seismic data acquisition, a consortium license agreement may be used. This agreement sets forth the terms and conditions for data sharing among the consortium members, as well as the responsibilities and liabilities of each member. 3. Exclusive License Agreement: An exclusive license agreement grants the licensee sole rights to use the seismic data for a defined period of time and within specific geographic boundaries. This type of agreement may require a higher license fee or royalty payment due to the exclusivity provided. 4. Non-Exclusive License Agreement: In contrast to an exclusive license, a non-exclusive license agreement allows the licensor to grant multiple licenses for the same seismic data to different licensees. This type of agreement typically involves a lower licensing fee or royalty payment but may limit certain usage rights to avoid conflicts between licensees. Regardless of the specific type, a Nebraska Seismic Data License Agreement — Form B typically includes clauses addressing the scope of use, term and termination, confidentiality, indemnification, dispute resolution, and governing law. It is crucial for both parties to carefully review and negotiate the agreement to ensure that all rights, obligations, and restrictions are clearly stated and understood. Consulting with legal professionals familiar with seismic data license agreements is advisable to ensure compliance and protect the interests of all parties involved.