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NONEXCLUSIVE LICENSE AGREEMENT for HIGH AFFINITY PROLINE TRANSPORTER EXPRESSING CELL LINE AND CDA ARTICLE 1.DEFINITIONS.3 ARTICLE 2. GRANT OF LICENSE. .4 ARTICLE 3. PAYMENTS5 ARTICLE 4. CONFIDENTIALITY.
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How to fill out non-exclusive license agreement

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How to fill out a non-exclusive license agreement:

01
Begin by stating the names and contact information of the licensor (the person or entity granting the license) and the licensee (the person or entity receiving the license).
02
Clearly define the scope of the license, specifying the rights and permissions granted to the licensee. This may include the right to use, reproduce, distribute, or modify the licensed material.
03
Specify the territory or geographical limitations of the license, if applicable. For instance, if the license is only valid within a certain country or region, it should be clearly stated.
04
Detail any restrictions or limitations on the use of the licensed material. This may include restrictions on commercial use, limitations on the number of copies that can be made, or prohibitions on sublicensing or transferring the license to others.
05
Include any payment terms or royalty obligations associated with the license. Specify the amount and frequency of any payments, as well as the preferred method of payment.
06
Outline the duration of the license, including the start and end dates. If the license is renewable or can be terminated early, these terms should also be included.
07
Address any confidentiality or non-disclosure obligations that the licensee must adhere to. This is particularly relevant if the licensed material contains sensitive or proprietary information.
08
Indicate any warranties or guarantees made by either party regarding the licensed material. This could include guarantees of non-infringement of third-party rights or the quality and functionality of the licensed material.
09
Include provisions for dispute resolution or arbitration in case any conflicts arise between the licensor and licensee.
10
Finally, both parties should review the agreement carefully, make any necessary revisions, and sign the document to indicate their agreement and acceptance of the terms.

Who needs a non-exclusive license agreement?

01
Businesses or individuals who want to grant others the right to use their intellectual property, such as patents, trademarks, copyrights, or trade secrets, but wish to retain the ability to grant similar licenses to others as well.
02
Licensees who are seeking permission to use certain intellectual property but do not require exclusive rights. This may include individuals or companies who want to use a particular trademark, copyrighted work, or software, but still want the licensor to be able to license it to others.
03
Artists, authors, or musicians who want to grant non-exclusive rights to their creative works, allowing multiple parties to use and distribute their work without exclusively owning it.
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A non-exclusive license agreement is a contract where the licensor grants permission to the licensee to use their property or product without exclusivity.
Any party entering into a non-exclusive license agreement may be required to file it, depending on the legal requirements in their jurisdiction.
To fill out a non-exclusive license agreement, parties need to include details about the licensor, licensee, the property or product being licensed, the terms of use, duration of the agreement, and any applicable fees or royalties.
The purpose of a non-exclusive license agreement is to allow multiple parties to use the same property or product without exclusivity, giving the licensor the ability to license to others as well.
Information that must be reported on a non-exclusive license agreement includes details about the parties involved, the licensed property or product, the terms of use, any restrictions, and any fees or royalties.
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