What is a license agreement?
A. A license agreement is a contract between an intellectual property owner (or licensor) and a potential user (or licensee). Unlike print resources, libraries do not own most electronic or digital resources. Instead, a license agreement is negotiated and signed with each owner which allows the library’s users to access the electronic information for a specified amount of time for a specified fee.
A license agreement is the standard agreement format by which the University and the Company seek to reach mutually acceptable licensing terms regarding an invention. Strategies for transferring inventions from universities to industry are based upon non-exclusive, exclusive, or limited-field licensing. A non-exclusive license is suitable for technologies, such as research tools, that are of interest to a number of companies. Exclusive licenses are generally granted for technologies where product development requires significant effort and investment on the part of the licensee. An exclusive market position is often necessary to justify the expense of the license. Exclusive licensing by discrete fields of use is most appropriate for some technologies because it allows for parallel commercial development of multiple fields or applications of the invention. All license agreements must protect the mission of the University by ensuring that faculty inventors retain rights to continue resea
If you intend to purchase images or animations from 3D4Medical.com you must read the appropriate license agreement fully. It refers to the eventual use of the images/animations you purchase from 3D4Medical.com and the legal conditions associated with this purchase. To continue with the purchase you must click on the ‘Accept’ button at the bottom of the purchase page. If you do not agree with the terms of this agreement the transaction will be cancelled. If you have any queries on the license agreement, please contact us.
Your “handshake” with the software manufacturer. The license agreement, in some form, is normally included with software. It may be the unread small print at the beginning of the user manual or it could be the official looking script that we don’t read, but agree to during installation of the software. Whatever the form, it describes your rights to the software. For instance, most license agreements allow you to “install and use one copy of the software product on a single computer.” In a sense, we don’t actually own the software but are given the right to install and use a copy of it. Most license agreements will specifically address your ability to transfer your rights (hence, sell your software) under the agreement. The following is an excerpt from a Microsoft license agreement: Software Transfer: You may permanently transfer all of your rights under this agreement, provided you retain no copies, you transfer all of the software product (including all component parts, the media and
A license agreement is the legal contract that governs the relationship between the manufacturer of products bearing USC Marks (“licensee”) and the university (“licensor”). The license must be in place prior to any sales and marketing efforts the vendor may initiate. • How does a manufacturer obtain a license? A manufacturer requests an application packet from TLS and submits a completed application to TLS with representative product samples. A panel of representatives from the USC Alumni Association, Athletic Department, Bookstore, Trademarks and Licensing, and USC student body review the proposal and products. This panel meets every other week to decide which proposals will be accepted by the university. • How long does the licensing process take for a new vendor? Depending upon the speed at which the vendor sends back the materials required for licensing, the process may take as little as three weeks or so and as much as several months. • Are there any types of products that USC wil
