Sample License Agreement

A reference to global access — the development of technologies from Harvard patents can lead to licensed products that could have significant public health benefits in developing countries. By participating in universities Allied for Essential Medicines, Harvard is committed to promoting affordable access to these products in developing countries. To fulfill this obligation, we may require provisions similar to those contained in the link below in exclusive licenses for such potentially effective technologies. Exclusive or non-exclusive license rights There are a few ways to set license rights. Exclusive means that only the person or company with whom you sign a contract and you have rights. Single rights would mean that only the other party would have rights. This option is rarely used, as most people want to develop their product or idea. Non-exclusive rights would give you the opportunity to grant other rights. In May 2018, Nestlé and Starbucks entered into a $7.15 billion coffee license agreement. Nestlé (the licensee) has agreed to pay US$7.15 billion in cash to Starbucks (the licensor) for exclusive rights to sell Starbucks products (single serve coffee, tea, bapped beans, etc.) worldwide through Nestlé`s global distribution network. In addition, Starbucks receives royalties for prepackaged coffees and teas sold by Nestlé. Since a user can use the app in different ways (illegal or legal), a section that presents restrictions on the use of the license is another important element of a PDO. It`s up to you.

Many companies have both, with the EULA dealing exclusively with the license and the GTC agreement everything else. 3. In the case of sub-licensing, a sub-licence of 20% (20%) of the royalties paid to *** shall be levied on the basis of the sub-licensee`s sales. 6. Licensor hereby confirms that it owns all right, title and legal interest in and to certain intellectual property rights with respect to the formulation **** and other formulations that will be identified in the future and granted in accordance with this Agreement, including know-how with respect to material compositions and methods of use of compositions of such formulation and other formulations intended to prevent; Diagnosis and treatment of certain human diseases and health conditions and the licensor also confirms that it owns all rights, title and legal interest in certain personal property rights in tangible forms of performance of such compositions, formulations and other formulations. Notice of Products Offered by Third Parties – In the case of an exclusive license granted in all or many areas, the licensee may first focus on a limited number of products or uses for the licensed technology. To support Harvard`s mission to promote the common good as much as possible by marketing its own technology at Harvard, Harvard may contain provisions similar to those in the link below, in order to encourage a licensee to develop products offered by third parties or to sublicense the licensee`s rights in Harvard patents to such a third party. to enable the development and commercialization of additional products. The following example license agreement describes an agreement between licensor “Valerie J Toups” and licensee “Matthew K Jordan”. Valerie J Toups agrees to allow Matthew K Jordan to use the Licensed IP on the specified terms.

If you own a patent on a piece of useful technology, have a copyright in a popular photo, have protected a special image through trademark law, or own another invention or creative work that allows you to make money, you need a licensing agreement…