Rhode Island Basic Nonexclusive Royalty Free Trademark License Agreement
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How to fill out Basic Nonexclusive Royalty Free Trademark License Agreement?
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FAQ
Exclusive and Non-Exclusive Licenses A copyright exclusive license is one in which ownership in one or more rights is transferred by the copyright owner. A copyright nonexclusive license occurs when the owner retains ownership of the copyright and/or may license the same right to others.
Exclusive Licence grants to the licensee the right to use the intellectual property, but means that the licensor remains free to exploit the same intellectual property and to allow any number of other licensees to also exploit the same intellectual property.
In a non-exclusive licensing agreement, you can license the song to multiple companies for use. In an exclusive deal, that song is only available to the licensee you agree with, and licensing it to other production companies can lead to legal ramifications.
The difference between exclusive and non-exclusive agreement refers to how vendors and partners work with each other. Exclusive agreements exclude competitors for a set period of time, while non-exclusive agreements allow for competitors, often as motivating tools.
Nonexclusive licenses differ in many respects from exclusive licenses and raise several unique issues. For example, a nonexclusive license need not be in writing, see Cohen, 908 F. 2d at 558, and a nonexclusive licensee cannot bring suit to enforce a copyright, see Righthaven LLC v. Hoehn, 716 F.