Technology Terms Glossary
What is an Exclusive License?
In exclusive license, no company or individual other than the licensee can use the intellectual property. In an exclusive license, even the licensor loses its rights to use or exploit the rights of intellectual property. In an exclusive license, the licensee explicitly states the exclusive nature of the subject.
Exclusive License Benefits
Benefits of exclusive license include:
- Pro 1: Combine incentives between licensor and licensee
- Pro 2: Incentivizes patent holder
- Pro 3: Eliminates unexpected or hidden patent costs
- Pro 4: Improves operational flexibility of businesses
Here is a full article about the exclusive license.
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May 7, 2024
Jalyn P.
The J. Parks Firm is a boutique law practice that primarily focuses on Business, Intellectual Property and Family Law Matters. We believe that each client's needs are unique and we work to tailor individualize solutions for you. Feel free to shoot us a message to see if we are a good fit for your legal needs.
April 13, 2024
Joseph R. C.
Over 20 years experience in complex litigation and transactional work.
April 15, 2024
Melissa T.
New York licensed attorney with 17 years of Commercial Real Estate. In-house since 2009. Generalist experience in many areas of law, including Corporate, Real Estate, Finance, Securities, Commercial, Litigation, Cybersecurity, Privacy, Labor, Landlord Tenant, Alternative Dispute Resolution, Transactions and Leasing, etc.
Jodi B.
I'm a New York Attorney, who would love to review contracts, negotiate on your behalf, review title, and inspection reports to ensure you buy or sell your home with marketable title.
April 15, 2024
Justine F.
Versatile, analytical, detail-oriented California barred corporate attorney with a comprehensive real estate, transactional and finance background as in-house counsel to large real estate developers, asset and property management companies, Fortune 500 quick service retailers/restaurant franchisors and international energy franchisors (retail and gasoline/mini market). Strong analytical and problem-solving skills, work ethic and integrity. Enthusiastic and quick mastery of new responsibilities, technologies and business strategies.
Brian A.
April 16, 2024
Brian A.
I have been in corporate practice for over 14 years dealing primarily with complex engineering, construction, and project management contracts as well employment contracts.
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