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Version: TERMS00120230301. Last updated 01 March 2023SALIENT LABS MASTER TERMS OF SERVICE (B2B / B2B2C) PARTIES (1)SALIENT LABS LIMITED incorporated and registered in England and Wales with company
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How to fill out non-exclusive license agreement with

01
Begin with the title: 'Non-Exclusive License Agreement'.
02
Define the parties involved (Licensor and Licensee) and include their contact information.
03
Clearly state the intellectual property being licensed.
04
Specify the scope of the license, including any limitations.
05
Outline the duration of the license agreement.
06
Include any fees or royalties associated with the license.
07
Define the rights and responsibilities of both parties.
08
Include terms for termination of the agreement.
09
Specify governing law and dispute resolution procedures.
10
Provide space for signatures and dates.

Who needs non-exclusive license agreement with?

01
Individuals or companies wanting to allow others to use their intellectual property while retaining ownership.
02
Content creators looking to license their work to multiple parties.
03
Businesses using third-party software or materials in their products.
04
Artists and musicians wanting to allow their work to be used in various projects.
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A non-exclusive license agreement is a legal contract that allows the licensee to use a licensed property, such as intellectual property or trademarks, without exclusive rights over it. Multiple licensees may hold non-exclusive licenses at the same time.
Typically, the licensee or the party that intends to use the licensed property is required to file a non-exclusive license agreement with the appropriate authority or governing body, depending on the jurisdiction.
To fill out a non-exclusive license agreement, parties must provide details such as the full names of the licensee and licensor, the scope of the licensed rights, duration of the license, any limitations, and other relevant terms and conditions.
The purpose of a non-exclusive license agreement is to grant the licensee the right to use the licensed property while allowing the licensor to retain control and grant similar rights to other parties.
The non-exclusive license agreement should report information such as the names and addresses of both parties, a description of the licensed property, rights granted, duration of the license, payment terms, and other specific conditions.
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