Licensing Agreement - Essay Example

Comments (0) Cite this document
Summary
Licensing Agreement Name: Institution: Licensing Agreement Executive summary Creativity has taken up most of the industries in the world. Creation of new products in the industries has also been on the increase as people try to beat other competitors in the same market…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
Licensing Agreement
Read TextPreview

Extract of sample "Licensing Agreement"

Download file to see previous pages This is considered to be the first step of intellectual property. This report will identify issues that Alarmz ltd might face by entering into an agreement with a Brazilian company and how identified problems might be overcome. Introduction Alarmz Ltd is a company that prides itself with the use of technologically updated car alarms five years running. We deliver and fit the top brands in car alarms including Clifford, Cobra, Hornet, Viper, Avital, Laserline and Autowatch and all forms of car alarm, parking sensors, audio, hid lighting etc. We also fit car accessories at amazingly low prices. Our specialty includes remote start and 2way car alarms and our clients are guaranteed excellent results. With the increase in car thefts and faulty vehicle tracking devices, there is a need to ensure that cars have well manufactured and functioning alarms. This has led to our company, Alarmz Ltd to create ideas for the manufacture of a new tamper proof alarm. This alarm will be designed in a way that minimizes chances of tampering by people who have malicious intentions with the car. This alarm system will have features that will be different from other market alarms. In this quest, we were able to identify the Brazilian Company Redfern Integrated Optics (RIO) Inc as our preferred manufacturer. RIO Inc. is a company that is well known for the manufacture and development of optical and subsystems based on Planar External Cavity Laser Technology (PLANEX). It distributes exclusive price-performance returns in energy, security, infrastructure, metrology, and other markets. The qualities of products produced by RIO Inc are the best so far in the market. Cases of dissatisfaction by customers have been minimal. The distribution of their products is on a wide area scale, as they have adequate transportation that oversees distribution. This is therefore, the better option we have identified to work with as a manufacturing company. There is a need for Alarmz Ltd to enter into a licensing agreement with RIO Inc. A licensing agreement is necessary because, our company needs to protect its intellectual and invention rights. Since our company came up with an idea and wants to make the product a reality, we still need to have rights over the product as the inventors. Alarmz ltd will need to increase its revenue, and the product can do that. Making a licensing agreement ensures that Alarmz ltd; the original inventors of the product enjoy the benefits of the product and are involved when an increase of price for the product is needed. A licensing agreement will enable our company to increase visibility and access to our product under a trademark with RIO Inc. A licensing agreement will enable the product to bring attention to our company. This is an intellectual property that can become symbolic, when shared and used in the right way. Alarmz ltd needs to be careful in entering a licensing agreement and adequate research should be done before with adequate legal guidance. The agreement is contractual between Alarmz ltd and RIO Inc., or any other company that we may choose to do business. In this agreement, RIO Inc. can exploit our product, process and manufacture it, but obliged to pay us royalty from the sale of the product. The licensing agreements will give Alarmz ltd enjoyment of benefits that will be achieved by the production and sale of the alarm. In creating a licensing agreement, we will give limitations to RIO Inc, who is not the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Licensing Agreement Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Licensing Agreement Essay Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/law/1438565-licensing-agreement
(Licensing Agreement Essay Example | Topics and Well Written Essays - 2000 Words)
Licensing Agreement Essay Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/law/1438565-licensing-agreement.
“Licensing Agreement Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/law/1438565-licensing-agreement.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Licensing Agreement

Sales agreement

...?Sales Agreement According to “Gateway Limited Warranty Agreement”, there are only four products which are guaranteed after purchasing; they are Gateway desktop, notebook, CRT monitor, and LCD monitor (software and non-Gateway branded products are not included to be guaranteed). For a warranty limited time of 2 years, hardware technical support is also provided for the same length of time. In contrast, software support only has 90 days on its warranty. The agreement is between the buyers as the original purchaser and Acer America Corporation which has balance consideration for both parties. 15 important points are elaborated, in which it starts with the product limited warranty. Acer...
1 Pages(250 words)Essay

Feasibility Report of Licensing Agreement between Alarmz Ltd. (Britain) and Rio Inc. (Brazil)

...? FEASIBILITY REPORT OF LICENSING AGREEMENT BETWEEN ALARMZ LTD. (Britain) & RIO INC. (Brazil) Prepared for Senior Managers Prepared by XYZ d: 26 November 2011 Table of Contents Introduction Issues Related to Licensing Agreement with a Brazilian Company 1) Government Permissions 2) Cultural Differences 3) Legal Support and Protection 4) Employment and Labor Laws Differences 5) Customs and Tariffs, Excise Duties and other Taxes 6) Competition and Economic Barriers 7) Higher Barriers to Enter Market 8) Documentation Overcoming the Problems Advantages and disadvantages of entering into a licensing agreement with Rio Inc. 1) Expansion of...
8 Pages(2000 words)Essay

Partnership Agreement

...Running Head: Partnership agreement Partnership agreement [The of the appears here] [The of the appears here] Partnership agreement of XYZ Lawn service. THIS AGREEMENT OF partnership effective as of___________, 2007 by and between Bob Jones, Bill Dunn, and Mac Smith, to wit: NOW, THEREFORE, IT IS AGREED: 1. Formation. The undersigned hereby form a General partnership in accordance with and subject to the local laws. 2. Name. The name of the partnership shall be lawn service. 3. Term. The partner ship shall begin on 2007 and shall continue on the will of the partners. 4. Purpose. The purpose of the partnership is to provide lawn services to the...
4 Pages(1000 words)Case Study

Licensing and Accreditation

...Licensing and Accreditation This paper aims to discuss the licensing and accreditation requirements of a long-term care health care service in Phoenix, Arizona. It focuses on the facility license and administrator's license to operate in the state. The essay also highlights the organization offering accreditation for long-term health care services in Phoenix and elsewhere in United States and finally, discusses the advantages offered by an accreditation program, especially in health care services. Introduction: The long-term health service facility in Arizona is targeted for elderly people who require constant care and attention from health practitioners, nurses, and others. To set up and operate such a nursing facility, however... ,...
3 Pages(750 words)Essay

Duration of technology licensing

...possible contract versions, two short-term and two long-term contracts each for fixed-fee and royalty licenses. The expiration of the first period leads to the introduction of second period that has a contract for fixed-fee and the royalty license. Period 1 license operates during the first period of operations of the company during which the technology assists the company to remain competitive in the market (Raspudic 7). Continuous research and development counter expiration of the technology and deliver a newer version of the innovation that has a separate contractual agreement, leading to further competitive potential in the market. Certain considerations in the...
4 Pages(1000 words)Research Paper

Retainer Agreement

...CONTINGENCY FEE RETAINER AGREEMENT” The outlined contingency retainer fee agreement is made between Kibri & Winkle P3vvQzwga.C. 433 West Michigan Avenue Lansing, Michigan 48933 (hereby known as ‘Solicitors’) And Lester Milton 1. Our responsibility Our responsibility shall include necessary investigation and prosecution, if necessary, of all claims against Tia Laundry and any other party that might have contributed to the slip and fall that occurred on Lester’s stairs on May 30, 2006. 2. Amount of contingency fee The contingency fee amounts to a third of any derived gains from the claim. This applies regardless of whether any arising case is...
1 Pages(250 words)Assignment

Licensing and Professional Organizations

...Licensing and professional organizations Nursing Organization and licensing Working as a family nurse practitioner entails offering the services as a primary care provider. The practice requires procedural transition to cope with family oriented responsibilities as a family nurse practitioner. In the practice, mostly requires the ability to serve mostly those in families with certain disabilities or those unable to access other clinic services such as the elderly. The ability to realize the roles and the complexity of the roles sets a platform for either success or failure in the practice, as challenges are also vast in the field. I decided to work in the Family Practice Clinic, as it will suit my passion...
3 Pages(750 words)Research Paper

Licensing parents

...Module Licensing Parents Introduction to the Paper The paper aims at explaining Hugh Lafollette’s argument that the government should enforce a parent licensing program then offering a focused objection to it. 2. Explanation of the Argument a. Introduction to the Argument Lafollette argues that since licenses are a prerequisite for one to practice medicine or law or even drive, the government should as well introduce a license for people to become parents. b. Premises; Conclusion of the Argument Premise 1 If it is theoretically desirable to regulate an activity, then we should regulate it if: we have a reliable procedure for determining whether someone has the requisite...
3 Pages(750 words)Essay

Current Event-Licensing Agreement

...Number Kate Spade & Co has given up operating its own in-house watch business. The brand has instead licensedFossil Global Inc to make and distribute its Kate Spade New York watches on its behalf in a new deal signed between the two companies. The agreement spans a period of 10 years and will run until 2025. Dispatchment of the first collection under this agreement will take place in early 2016. This new deal spells out huge opportunities for Kate Spade & Co. With a growing fan base and huge demand for its watches, it is imperative for Kate Spade & Co to form the right partnerships at this stage of its growth and popularity. The deal fits well into the objectives of each of the parties involved, and...
1 Pages(250 words)Essay

Learning agreement

...Module Learning Agreement Given that the summer period is here, I choose to use my time I making the best out of it and enrollingfor an unpaid internship. The goal will be to establish a host of important steps towards gaining the right possession of skills in my preferred area of engagement. This report will summarize my intended internship program. The name of the company I will be working for is the Jeong Wholesome Restaurant located 5115 Spring Mountain Rd., Ste 228, Las Vegas, NV. The restaurant is a busy establishment that will provide me with the skills I need. I will be working in the Food and Beverage Department under the leadership of Mr. Kim. This will be the best opportunity to capitalize on his experience as...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Licensing Agreement for FREE!

Contact Us