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Aug 6th, 2022
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How to Set type in the Licensing Agreement

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hello and welcome to another in bent right comm youtube show my name is Andrew Krause I co-founded an event right with Stephen key over 18 years ago so on this show I want to talk about licensing contracts and just really its really the basics what is a licensing contract as in a previous video I explained that sometimes when people are utilized in saying they dont know the difference between a patent and what is licensing and what is a patent so patent is just protecting something and a licensing agreement is your agreement with the company that you do a deal with so that they have to pay royalties while they sell the product so I wanted to cover a little bit more about what is a licensing agreement why do you need one and cover a few things that shock people a good percentage of a percentage of our students when they do a licensing agreement the company doesnt care about a patent now some dont care at all say oh no yeah well pay you a royalty we we we dont really do patents an

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In the brand expansion example above, licensees designed the Coca-Cola tee shirts, caps, shoes and sunglasses. They then had these products manufactured; they sold them to a retailer, delivered the product and paid a percentage of their sales to the licensor.
ingly, the Licence was more than simply a contractual agreement; it was also the grant of an interest in land. In both cases, parties could agree to vary that agreement/grant.
A licence is an agreement between you as the IP right owner and another party. It grants them permission to do something that would be an infringement of the rights without the licence. IP can be licensed-out or licensed-in. You can license-out to another company in return for a fee.
Examples of license agreements, include: Example: Walt Disney granting McDonalds a license for McDonalds to co-brand McDonalds Happy Meals with a Disney trademarked character. The license of a technology where the licensee is granted the right to use the licensors software, or other intellectual property asset.
A licensing agreement can be a profitable option for solo entrepreneurs, inventors and many business owners. Licensing is essentially an agreement between you (the licensor) and another party (the licensee) to take your product to market. In return, you receive either a lump sum or royalty payments for each item sold.
A licensing agreement is a contract between a licensor and licensee in which the licensee gains access to the licensors intellectual property. The party providing the intellectual property is called the licensor while the party receiving the intellectual property is called the licensee.
An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.

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