Puerto Rico Software Marketing and Licensing Agreement under Private Label

State:
Multi-State
Control #:
US-KWP-0034
Format:
Word
Instant download

Description

This form is a Software Marketing and Licensing Agreement under Private Label. This form includes, but is not limited to, the following sections: Private Label Version of the Product, Training/Support/Update Obligations, and Representations and Warranties. The document supercedes all proposals, oral or written, all negotiations, conversations, or discussions between the parties relating to the subject of the agreement.
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  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label
  • Preview Software Marketing and Licensing Agreement under Private Label

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FAQ

A marketing license agreement is used in business and commerce to provide another individual or business with the authority to use, own, sell, or distribute a specific product. A license is used when a company exchanges these rights for payment.

Virtually every type of license agreement includes some form of initial payment and ongoing royalty to the licensor. Royalty formulas vary widely, however. They may be based on gross sales, net sales, net profits, fixed sum per product sold, or a minimum payment to be made to the licensor over a given period of time.

A software license agreement details how and when the software can be used, and provides any restrictions that are imposed on the software. A software license agreement also defines and protects the rights of the parties involved in a clear and concise manner.

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.

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.

Most licensing agreements will be valid only for a certain length of time....Scope of the AgreementExclusivity.Territory Rights.Guarantees of Sales.

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.

A software license agreement should include the licensor's reservation of all its rights not specifically granted to the licensee and the licensee's acknowledgment of the licensor's ownership of the licensed software. Payment terms.

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.

More info

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Puerto Rico Software Marketing and Licensing Agreement under Private Label