New Jersey Know-How License and Technical Assistance Agreement

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Multi-State
Control #:
US-1009BG
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Word; 
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Description

A Know-How License and Technical Assistance Agreement is an agreement granting a company a license to commercialize products incorporating the licensor's technology.

The New Jersey Know-How License and Technical Assistance Agreement is a legal contract that grants permission to utilize proprietary knowledge and expertise owned by a company or individual in the state of New Jersey. This agreement enables the transfer of specialized technical knowledge, technical assistance, and intellectual property rights from the licensor to the licensee in exchange for certain fees or royalties. Typically, a New Jersey Know-How License and Technical Assistance Agreement encompasses a wide range of industries and sectors, including technology, manufacturing, pharmaceuticals, biotechnology, engineering, and more. It allows businesses or individuals to tap into the valuable technical know-how and processes developed by licensed New Jersey entities. By entering into this agreement, the licensee gains access to the licensor's established technical expertise, trade secrets, patents, designs, procedures, methodologies, and other proprietary information. This knowledge transfer can greatly enhance the licensee's capabilities, efficiency, and product/service quality, providing a competitive edge in the market. In addition to the general New Jersey Know-How License and Technical Assistance Agreement, there may exist various specialized variations tailored to specific industries or circumstances. These may include: 1. Technology Transfer Agreement: Focused on the transfer of technology or scientific advancements, this agreement allows the licensee to utilize advanced technical knowledge or patented inventions in developing or improving their own products or services. 2. Manufacturing Technical Assistance Agreement: This agreement provides technical support to the licensee in streamlining manufacturing processes, improving product quality, or implementing efficient production methodologies. It may involve training, guidance, and ongoing technical assistance. 3. Intellectual Property License Agreement: This agreement focuses on licensing specific intellectual property owned by the licensor, such as patents, trademarks, copyrights, or trade secrets. It allows the licensee to utilize and commercialize the licensor's intellectual assets within the agreed terms. 4. Research and Development Assistance Agreement: This type of agreement provides support in research and development activities, allowing the licensee to access the licensor's expertise, resources, and laboratories for innovation and product development. 5. Training and Skills Development Agreement: This agreement focuses on providing specialized training programs and skills development to the licensee's workforce, aiming to enhance their technical knowledge, capabilities, and productivity. It is important to note that the specific terms, conditions, and scope of the New Jersey Know-How License and Technical Assistance Agreement may vary depending on the parties involved and the nature of the collaboration. It is advisable to consult with legal professionals experienced in licensing and technology transfer to ensure compliance with applicable laws and to protect the interests of both parties involved.

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FAQ

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.

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.

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.

Technical assistance, also known as TA and commonly referred to as consulting, is the process of providing targeted support to an organization with a development need or problem. It is an effective method for building the capacity of an organization.

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.

Outside commercial marketing and/or would be considered proprietary than it needs to be controlled by a TAA. with the foreign nationals. If there are subs or vendors that will NEVER interact with the foreign nationals they do not have to be on the TAA.

The contract stipulates the type of agreement, the length of the relationship, payments and royalties that are due and when, and the extent to which licensing is allowed. Licensing also allows both parties to retain control over certain facets of the deal, including exclusivity and how a product or service is marketed.

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).

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.

Examples of licenses include a company using the design of a popular character, e.g. Mickey Mouse, on their products. Another example would be a clothing manufacturer like Life is Good licensing its designs and brand in a certain country to a local company.

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New Jersey Know-How License and Technical Assistance Agreement