FormsHound.com

Strategic Partnership Agreement Dealing with an Exclusive License Agreement - Exclusivity

Exclusivity is a contract term in which one party grants another party sole rights with regard to a particular business function. An example of this type arrangement is a strategic partnership agreement.

This is an example of a license agreement where one party to a strategic alliance is granting the other party the right to manufacture and sell one of Licensor's products in a particular limited territory. Licensee has identified a market for a new product, contracted to have Licensor develop the product, and received the right to market the new product in the particular market identified. Licensor benefits by getting a per piece royalty on Licensee's sales.

(more...)


Download: Strategic Partnership Agreement Dealing with an Exclusive License Agreement - Exclusivity

Available from: USLegalForms.com

SKU: US-02765BG

NOTICE: The information and links contained on this web page are intended only to be merely informative and are NOT intended to provide legal advice to any person/entity. Consult with and seek the advice of a qualified lawyer. E.&O.E. Click here for important legal disclaimer.