Exclusive licensing rights

In 1970, the first rhodium-based acetic acid production unit went on stream in Texas City, with an annual capacity of 150 000 tons. Since that time, the Monsanto process has formed the basis for most new capacities such that, in 1991, it was responsible for about 55% of the total acetic acid capacity worldwide. In 1986, B.P. Chemicals acquired the exclusive licensing rights to the Monsanto process, and 10 years later announced its own carbonylation iridium/ruthenium/iodide system [7, 8] (Cativa ). Details of this process, from the viewpoint of its reactivity and mechanism, are provided later in this chapter. A comparison will also be made between the iridium- and rhodium-based processes. Notably, as the iridium system is more stable than its rhodium counterpart, a lower water content can be adopted which, in turn, leads to higher reaction rates, a reduced formation of byproducts, and a better yield on CO. 

All Intellectual Property Rights and Know How arising from the Clinical Trial shall vest in or be exclusively licensed to the Sponsor in accordance with clauses 9.4 and 9.5 below. 

In the absence of adequate support to file and defend patents, individuals or institutes may decide to approach companies with the aim of licensing the invention. This is often done already before the draft stage of a patent application. The invention as a whole may be offered to the company, in which case the company may act as applicant or licensee of the patent and will request exclusive exploitation rights in exchange for the payment of patenting costs and for later royalties. 

It is a peculiar and remarkable aspect of academic journals that their publishers make a profit while receiving almost all their copy entirely for free. Almost all journals require transfer of copyright from authors to publisher upon acceptance of submitted manuscripts. Technically, this requires that an author needs specific permission from the publisher to use his own manuscript later in practice, this permission is routinely granted upon written application. A few journals now seek only exclusive licenses from authors, one condition of which preserves the author s right to personally use his own work, and which leaves copyright ownership with the author(s) the license can also become void if the publisher fails to exploit it, and can yield royalties to the authors. In practice, this license removes the administrative burden of granting routine permissions by the publisher, and royalties on journal reprints are either nominal or absent. 

This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. 

Copyright License. In very simple terms, a copyright owner has the exclusive right to (/) reproduce, 2) prepare derivative works of, if)... 

Such licenses are legal documents awarded on application to companies which give them certain exclusive rights to carry out exploration and/or production work. They usually require companies to carry out stated geophysical surveys and drilling operations within a specific period of time. 

It is a term referring to a non-exclusive royalty-fee license given to a employer where an employee uses the employment s time and/or equipment to develop an invention. Shop-rights come into play when there is no assignment agreement. 

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