The South Dakota Subscriber Unit License Agreement is a legal contract between QUALCOMM, Inc. and Repoint, Inc. that outlines the terms and conditions for obtaining a license to manufacture and sell Subscriber Units in the state of South Dakota. This agreement is specific to the partnership between the two companies and is aimed at facilitating the production and distribution of these units. Under the South Dakota Subscriber Unit License Agreement, QUALCOMM, Inc. grants Repoint, Inc. the rights to manufacture and sell Subscriber Units within the state, provided that certain conditions are met. These conditions typically include compliance with quality standards, adherence to relevant laws and regulations, and meeting specific performance benchmarks. The agreement defines "Subscriber Units" as electronic devices, typically mobile phones or other wireless communication devices, that are compatible with QUALCOMM's technology and standards. These units are designed to enable wireless communication services in South Dakota. The license granted by QUALCOMM, Inc. to Repoint, Inc. allows the latter to utilize QUALCOMM's patented technologies, intellectual property, and other proprietary information necessary for the manufacturing and sale of Subscriber Units. It ensures that Repoint, Inc. is legally entitled to produce and distribute these units, while also protecting QUALCOMM's intellectual property rights. The South Dakota Subscriber Unit License Agreement serves as a binding legal document for both QUALCOMM, Inc. and Repoint, Inc., defining their respective rights and obligations. It typically includes provisions related to confidentiality, indemnification, dispute resolution, and termination. While the content of the license agreement may vary depending on the specific negotiations and requirements of the parties involved, some possible variations or types of South Dakota Subscriber Unit License Agreements between QUALCOMM, Inc. and Repoint, Inc. could include: 1. Exclusive License Agreement: This type of agreement grants Repoint, Inc. the exclusive rights to manufacture and sell Subscriber Units in South Dakota. This means that no other companies or entities will be granted a similar license by QUALCOMM, Inc. within the state. 2. Non-Exclusive License Agreement: In contrast to an exclusive license, a non-exclusive license agreement allows QUALCOMM, Inc. to grant licenses to other companies or entities in addition to Repoint, Inc. This type of agreement may provide Repoint, Inc. with certain advantages or benefits, such as earlier access to new technologies, but does not guarantee exclusivity in the market. 3. Limited Term License Agreement: This type of agreement specifies a fixed duration for the license granted to Repoint, Inc. It outlines the start and end dates of the license, after which the agreement may be renewed or terminated. 4. Royalty Agreement: In addition to the license terms, a royalty agreement establishes the payment of royalties by Repoint, Inc. to QUALCOMM, Inc. This payment is typically based on a percentage of the revenue generated from the sale of Subscriber Units in South Dakota. These variations in the South Dakota Subscriber Unit License Agreement provide flexibility for both QUALCOMM, Inc. and Repoint, Inc. to negotiate specific terms based on their business objectives and market conditions.
South Dakota Subscriber Unit License Agreement between QUALCOMM, Inc. and NeoPoint, Inc. regarding obtaining a license to manufacture and sell Subscriber Units
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How to fill out South Dakota Subscriber Unit License Agreement Between QUALCOMM, Inc. And NeoPoint, Inc. Regarding Obtaining A License To Manufacture And Sell Subscriber Units?
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It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards. U.S. Financials as of September 24, 2023. Qualcomm was established in 1985 by Irwin Jacobs and six other co-founders.
In the 2021 fiscal year, Qualcomm generated about 44.2 billion U.S. dollars in revenue, an increase from the previous 33.6 billion U.S. dollars in 2021. In the licensing segment, revenue peaked at 7 billion U.S. dollars in 2022.
Qualcomm is a multinational corporation known for designing and manufacturing semiconductors and wireless telecommunications products.
By Practical Law Intellectual Property & Technology. An agreement for the licensing of intellectual property (IP) by a parent, IP holding company, or other company to an affiliated company within the same corporate group.
Our global licensing program enables us to share our world-leading inventions with licensees so they can focus on providing the best possible products to their customers. Across more than 300 licensing agreements, over 18B devices have benefitted from licensing Qualcomm's patents.
For example, a small company that has developed a new method for making gasoline from crude oil is very likely to license it to an established company, because building a re?nery just isn't feasible for a small business. Another example of an organization that licenses its technology to others is a university.