License agreement


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Related to License agreement: Software license agreement

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.
References in periodicals archive ?
The selector needs to define all potential categories of users who will access the product, secure a lease, or purchase options that will provide such access and modify the license agreement as needed to allow such access.
Lynn went on to say that the company has now distributed franchise disclosure documents to its franchisees reflecting the terms of the new agreement, and he anticipates completing the distribution of actual license agreements in the next few days.
Structuring Patent Licensing Transactions is an authoritative, insiders perspective on key strategies for creating and negotiating patent license agreements on behalf of clients.
The license agreement allows bcgi to continue business, including the sale of its real-time prepaid billing product, without the burden of any infringement claim by Freedom Wireless.
Subject to the terms of the master license agreement, EPPL has 90 days to comply with certain performance criteria in order to confirm its exclusivity.
Under the License Agreement, Elan's NanoCrystal Technology may be utilized in the combination product in order to optimize bioavailability and absorption in patients.
The terms of the License Agreement are that ESPRE will receive $2 Million for providing an exclusive license to ESPRE's technology for MDS' target markets.
The most recent announcements included an expansion of an earlier exclusive license agreement between The Fashion House and Bill Blass, doubling the number of Bill Blass collections from two to four.
Many of these companies simply do not have the resources -- both financial and human -- to interpret software license agreements and establish very costly compliance initiatives, largely because of the unnecessary complexities of the license agreements created by the software industry.
Nasdaq:GILD) today announced that the company has signed non-exclusive license agreements to provide generic versions of tenofovir disoproxil fumarate (sold by Gilead under the brand name Viread(R)) to three generic manufacturers in India.
STOCKHOLM, Sweden -- Medivir AB (STO:MVIRB) announced today the signing of two new pharmaceutical license agreements and an extension of the ongoing research collaboration in hepatitis C (HCV) with Tibotec Pharmaceuticals Ltd.
In light of the early validation of the MMP Portfolio by license agreements with marquee chip-makers Intel and AMD in 2005, followed by the announcement of a license with HP in early 2006, MMP licensing efforts are now focused on global system manufacturers.