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FAQ: What does exclusive or nonexclusive mean?
by Roger Brown » Sun Sep 30, 2007 8:00 am
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Roger Brown - Black Belt
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FAQ: What does exclusive or nonexclusive mean?
FAQ
by Roger Brown » Tue Oct 02, 2007 7:21 pm
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Roger Brown - Black Belt
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A exclusive contract means that once an agreement is signed they are the only ones able to license your invention for market. There is normally a clause in the contract in which it states that either party can cancel the contract if certain terms are not met.
A nonexclusive means you are giving the company the right to license and sell your product, but you are still free to look for other companies to license and sell your product.
A nonexclusive means you are giving the company the right to license and sell your product, but you are still free to look for other companies to license and sell your product.
Come visit my sites at http://www.RogerBrown.net
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
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