Technology Licensing is the process by which patentable intellectual property is made
marketable and is licensed or otherwise disposed for use by the pubic.
Washington Technology Licensing Agreement
Instant download
Description
Free preview
How to fill out Technology Licensing Agreement?
You can dedicate time online searching for the valid document template that meets the federal and state requirements you need.
US Legal Forms offers a vast array of legal forms that are vetted by professionals.
You can easily download or print the Washington Technology Licensing Agreement from my resources.
If available, use the Review button to browse through the document template as well.
- If you already have a US Legal Forms account, you can Log In and click on the Obtain button.
- Then, you can fill out, modify, print, or sign the Washington Technology Licensing Agreement.
- Every legal document template you obtain is yours forever.
- To acquire an additional copy of a purchased form, navigate to the My documents tab and click on the respective button.
- If this is your first time using the US Legal Forms website, follow the straightforward instructions below.
- First, ensure you have selected the correct document template for the state/city of your choice.
- Review the form description to confirm that you have chosen the right form.
Form popularity
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.
Licensees can determine the type and characteristics of the technology they wish to acquire before entering a deal. Firms can define the specific gaps or deficiencies in their R&D technology relative to competitors, which makes licensing particularly appropriate those who are attempting to react to competitors' moves.
Technology Licensing is a contractual arrangement in which the licensor's Intellectual Property (IP) such as, patents, trademarks, service marks, copyrights, trade secrets, or other intellectual property may be transferred to a licensee for a specified period of time.
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.
In technology licensing, the licensor (firm selling the technology) agrees to unilaterally transfer know-how and intellectual property (IP) related to a technology to the licensee (firm buying the technology).
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.
Technology licensing agreements are contracts or arrangements that involve an owner of a technology-based intellectual property, also known as a licensor, who will accept compensation in exchange for allowing an outside party, known as the licensee, resell the property, make alterations to it, or simply use it.
Technology Transfer Agreement is wide-ranging in concept as compared to Licensing Agreement as the former focuses on organizations, companies to up-skill, upgrade, improve their technology whereas the latter grants these organizations, companies for the usage of these technology which remain secured through the
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.
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.
