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Exclusive Licensing Agreement Template

This type of agreement allows Harvard researchers who are starting a new company to license non-patentable, copyrighted software they have developed as part of faculty research efforts. In cases where there is patentable content such as unique algorithms, please read the “Basic Exclusive License” model agreement published above. The parties should describe the licensed work in as much detail as possible, including information on the quality of the factory delivered by the licensor to the licensee for use by the licensee. For example, the agreement may provide that licensed digital images are made available to the licensee in a given format, size or dpi. The parties may then indicate whether the licence is exclusive (the licensor does not grant a licence to use the property to other third parties in the same way) or non-exclusive (the licensor may grant similar licences to other third parties), the geographical area in which the licensee may use the property and whether the licensee may change the ownership, to create what is called a derivative work. The licensee wishes to obtain an exclusive license in the territory to exercise the aforementioned invention, covered by patent rights, in the United States and certain other countries, to manufacture, use and sell on the commercial market the products manufactured in accordance with it, and HARVARD wishes to grant such a license to the licensee, in accordance with the terms of this Agreement. (a) HARVARD`s “Statement of Policy with Respect to Inventions, Patents and Copyrights” of August 10, 1998, Public Law 96-517, Public Law 98-620 and HARVARD`s obligations under agreements with other research sponsors. Any rights granted in this agreement in excess of what is permitted by Public Law 96-517 or Public Law 98-620 are subject to the necessary amendments to comply with the provisions of these Statutes. Also remember that the document may be exposed to opportunities, as required by negotiations.

When drafting your license agreement, consider the following: Your license agreement can only contain one or a combination of these payment methods. A license agreement always involves two parties. The “licensor” is the owner of the intellectual property, while the “licensee” is the one to whom the license is granted. The presentation of the license agreement must contain the following elements: the previous license agreement describes an agreement between the licensor “Valerie J Toups” and the licensee “Matthew K Jordan”. Valerie J Toups agrees to allow Matthew K Jordan to use the Licensed IP on the specified terms. Without this agreement, the owner of valuable intellectual property would not be able to make money with that IP or control how the IP is used around the world. And individuals and companies that need some intellectual property to grow their businesses or make a living may not have access to it. 13.2 The royalty and all other amounts paid by the Licensee under this Agreement shall be plus all foreign and domestic taxes which, if applicable, shall be invoiced to the Licensee and paid by the Licensee within thirty days of such invoice. manufacture and have manufactured, used and used, sold and sold and practiced the licensed processes for the entire period of use. These licenses include the right to grant, subject to HARVARD`s agreement, sub-licenses whose permission cannot be inappropriately denied.

In order to grant licensee commercial exclusivity as long as the license remains exclusive under PATENT RIGHTS, HARVARD agrees that it will not license under the patent rights to others, unless permitted by HARVARD`s obligations in paragraph 3.2(a) or paragraph 3.2(b) and that no biological material is distributed for other commercial purposes. . . .