What Is The Definition Of A Licensing Agreement

Another common quality regulation in licensing agreements concerns the method of disposal of unsold goods. If the items that remain in stock are sold as cheap imitations, it can damage the licensor`s reputation in the market. Developing an Internet and Wireless License Agreement for Motion Pictures and Television Programming, Frumes, H.M., Cleary, S., & Brennan, L. (2006). J. Int`l Media & Ent. L., 1, 283. The author talks here about how the wireless license agreement was introduced due to the availability of the Internet that made it possible. The article highlights how wireless mode was achieved through the use of movies and TV programs. In addition to detailing all parties involved, license agreements detail how licensed parties may use the properties, including the following parameters: A license agreement is a legal agreement between two parties, the licensor and the licensee. In a typical license agreement, the licensor grants the licensee the right to manufacture and sell goods, to apply a brand name or trademark, or to use a patented technology of the licensor. In return, the licensee generally submits to a set of conditions relating to the use of the licensor`s property and undertakes to make payments called royalties. Analysis of the effects of the arbitration clause in Microsoft`s End User License Agreement – From the perspective of Chinese consumers [J].

Qisheng, Q. S. H. (2007). Wuhan University Journal of International Law, 2, 008. The author of this section discusses the impact of the arbitration clause on the ultimate beneficiary of the license agreement. The author uses Chinese consumers as a case study in his work. A license agreement is a written agreement between two parties in which one owner allows another party to use that property under certain parameters. A license agreement or license agreement typically includes a licensor and a licensee. The term “license” implies to permit by granting powers […].