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License Agreement

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
License agreement
A contract by which a domestic company (the licensor) allows a foreign company (the licensee) to market its products in a foreign country in return for royalties, fees, or other forms of compensation.

License Agreement
A contract between the inventor or patent holder of a product and another party which grants that party the legal right to market, sell, or otherwise profit from that product. The license agreement may or may not give the other party exclusive right to sell the product, and it may be permanent or temporary. In return, the inventor or patent holder receives a royalty or some other compensation.


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She added that the attendees also learnt how to recognize the value of a good license agreement, its drafting techniques by picking and using new negotiation methods for the situation and to establish negotiating environments that increase positive outcomes.
Vancouver, Canada) has completed an Amended and Restated Distribution and License Agreement with its partner Baxter International, Inc.
Properly thought out and managed trademark license arrangements can be win-win opportunities for all parties, including the public The document that goes a long way toward realizing this opportunity is the trademark license agreement Properly thought out and managed trademark license arrangements can be win-win opportunities for all parties, including the public.
 
 
 
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