Mastering the Art of Drafting Non-Exclusive License Agreements
Drafting a non-exclusive license agreement is important to protect the interests of both parties involved.
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A non-exclusive license agreement is a contract between two parties where one party grants the other party permission to use their intellectual property, such as a patent, trademark, or copyright, in exchange for a fee or other consideration. The agreement outlines the terms and conditions of the license, including the scope of the license, the duration of the license, and the obligations of both parties.