Master Use License Agreement Template

Sample materials license royalty based.

Master use license agreement template. B make any other use of the licensed master not set forth herein. Use the master use license agreement document if. These agreements describe the specific terms and conditions under which intellectual property can be used typically in exchange for fees or royalties. This master use license is between a record company and a production companylicensee to use a master recording in the soundtrack of a motion picture.

This license does not include any right or authority a to make changes or alter the licensed master. However the best article i found dont use license agreements for software as a service written by david w. An option agreement permits a company to hold a technology for a short period of time during which the company can further. A licensing agreement is a document used by the owner of some form of intellectual property such as a logo photograph or song to give permission to some other individual to use that property.

Tollen jd most clearly explains the differences in risks and liabilities between the perpetual license agreement and the software subscription and as the title shows he provides very directed advice that is not easy to misunderstand. Licensee may transfer or assign all or a portion of its rights hereunder to any person corporation or entity provided that such person corporation. Besides the property being licensed and the royalty rates license agreements can also include representations warranties termination provisions terms of indemnification and dispute resolution clauses. Licensors use license agreements to grant their licensees the right to use certain intellectual property including software trademarks service marks inventions and patents.

115 licensed use shall mean a product process or service for use in the field which if made used performed offered for sale sold or imported in the licensed territory would infringe a valid patent claim but for the license granted by this agreement. Harvard also offers option agreements to companies that are considering licensing a harvard technology. This form is available for immediate download. A master use license agreement documents official permission for the use of someone elses intellectual property.

The agreement outlines how the licensor the party who owns the property will grant the license to use their property to the licensee the party who is using the licensors property. You are an owner of a sound recording or a piece of music typically a record company and would like to license the use of the recording to another party for use in a film television production or soundtrack album. This license sets out the agreement between the parties and it is important the license be in writing. Sample materials license flat fee based.