Those entering into a licensing agreement should consult a lawyer as there are complexities that are difficult to understand for those who do not have a thorough understanding of intellectual property law. Licensing agreements cover a wide range of well-known issues. For example, a retailer could enter into an agreement with a professional sports team to develop, produce and sell products bearing the sports team`s logo. Or a small manufacturer could license proprietary production technology to a large company to gain a competitive advantage instead of spending time and money developing its own technology. Or a greeting card company could strike a deal with a movie rental company to produce a series of greeting cards in the image of a popular animated character. (e) STATS hereby grants Licensee a worldwide, non-exclusive license to use the STATS name and logo in connection with the reproduction, distribution and display of the parts assigned by STATS of the Licensed Material on the Licensed Platform(s). The Licensee acknowledges the ownership of STATS on the name and logo of stats and agrees that any use thereof will benefit STATS; their use complies with the standards and specifications originally or currently approved by STAT; and to cooperate with STATS to facilitate STATS` control over such use by providing STATS STATS with appropriate copies of such use at least once a quarter. STATS will notify Licensee of any failure by Licensee to comply with such use in accordance with the standards set forth herein, and Licensee shall have thirty (30) days from receipt of such notice to remedy such failure until APPROVAL by STATS, and such approval shall not be unreasonably withheld. If STATS is not satisfied that such omission has been corrected in a timely manner and/or after the termination or expiration of this work order, licensee shall cease all use of STATS` name, logo and trademarks.
(e) “Work Order” means any Order Document (which may be referred to as a “Work Order” or “Purchase Order”) executed by both parties in accordance with the terms of this Agreement and specifying the content, products and/or services to be licensed by STATS to Licensee. The city will inform the affected public through the website, local news publications** and U.S. Post 1st Class (with the advertised subject in light red outside the envelope) of the city`s master licensing agreement with telecommunications, design standards for small cells or other wireless devices, other telecommunications agreements and notification within 2 working days of receipt of permit applications. Schedule related hearings/meetings and approve approvals. (ii) Licensee represents and warrants that Licensee is solely responsible for obtaining any licenses or authorizations from third parties required in connection with Licensee`s use of the Licensed Material; and another important element of a license agreement sets the timing of the transaction. Many licensors insist on a strict go-to-market date for products licensed to external suppliers. After all, it is not in the best interest of the licensor for a company that never markets the product. The license agreement will also include provisions on the duration of the contract, renewal options, and termination terms. Licensing agreements are often used for the commercialization of technologies.
(ii) STATS represents and warrants that it has all necessary rights, title and/or licenses in and to the Licensed Material and that the Licensed Material does not infringe the intellectual property rights or other proprietary rights of any third party; and. (a) STATS licenses to Licensee on a non-exclusive basis the Licensed Material as described in one or more work orders executed by both parties and subject to the terms set forth therein. (a) With respect to the Licensed Material to be licensed by STATS to Licensee in accordance with this Agreement, Licensee agrees to pay the fees set forth in the applicable Work Order. A license agreement is a legal agreement between two parties, called a licensor and licensee. In a typical license agreement, Licensor grants Licensee the right to manufacture and sell goods, enforce a brand name or trademark, or use Licensor`s patented technologies. In return, the licensee generally submits to a set of terms and conditions for the use of the licensor`s property and agrees to make payments called royalties. Examples of licenses can be found in many different industries. An example of a license agreement is an agreement between software copyright holders and a company that allows them to use the computer software for their day-to-day business operations. Each party agrees that during and after the Term, except for the purposes of this Agreement, it may not use any secret or confidential information, advertising method, confidential pricing information or other data relating to the other party, its respective areas of business for its own benefit or for the benefit of any person, company, entity or other legal entity. relevant financial matters or other information obtained under this Agreement with respect to the other party that is not generally known in its respective business, or for reasons of public knowledge or patent, trademark, trade name, service mark, copyright or other intellectual property of the other party (collectively, “Confidential Information”), except to the extent permitted by this Agreement. Licensee agrees to take reasonable steps to ensure that its employees, agents and, where applicable, third party developers do not disclose, grant, disburse or otherwise transfer the Licensed Materials to any third party or party without the prior written consent of STATS, except as expressly permitted by this Agreement (or any applicable work order).
(c) the entire agreement; Construction. This Agreement supersedes all other agreements and understandings that have existed between the parties to date with respect to the subject matter of this Agreement. This Agreement contains the entire agreement of the parties to the subject matter of this Agreement and may only be amended, modified or amended by a written agreement signed by either party. For the avoidance of doubt, Licensee`s policies, terms and conditions sent or made available to STATS by or on behalf of Licensee shall be deemed null and void, whether such policies, conditions or conditions were sent or made available to STATS before or after the performance of this Agreement. In addition, this Agreement has been drafted in English and the Parties have jointly prepared and/or approved the language of the provisions of this Agreement. In the event of a dispute over the interpretation of any provision of this Agreement, neither party shall be deemed to be the author thereof, and such language shall not be presumed to be construed in favour of or against either party. The headings of this Agreement are provided for reference purposes only and are without prejudice to the interpretation of this Agreement. License agreements set out the terms under which one party may use another party`s property.
While the properties in question may include a variety of elements, including real estate and personal property, licensing agreements are most often used for intellectual property such as patents and trademarks, as well as copyrights for written materials and visual arts. A license agreement is a written agreement between two parties in which one owner allows another party to use that property under a certain set of parameters. A license agreement or license agreement usually involves a licensor and a licensee. Another common element of licensing agreements is which party retains control over copyrights, patents or trademarks. Many treaties also include a provision on territorial rights or who manages distribution in different parts of the country or world. In addition to the various clauses inserted in the agreements to protect the licensor, some licensees may add their own requirements. For example, they may require a guarantee that the licensor owns the rights to the property, or they may include a clause prohibiting the licensor from competing directly with the property granted in certain markets. In addition to detailing all the parties involved, license agreements detail how licensed parties are allowed to use the properties, including the following parameters: Due to the legal basis they must cover, some license agreements are quite long and complex documents. But most of these agreements cover the same fundamental points.
.