An example of a licensing agreement in the restaurant industry would be that a McDonald`s franchisee has a licensing agreement with McDonald`s Corporation that allows them to use the company`s branded and marketing materials. And toy manufacturers regularly sign licensing agreements with movie studios and give them the legal authority to produce action characters based on popular similarities of movie characters. A licensing agreement is a written contract between two parties, in which one landowner allows another party to use that property under a number of parameters. A licensing agreement or licensing agreement usually involves a licensee and a licensee. 5. CO-PROMOTION. GPC NEOTHERAPEUTICS will properly inform in writing, before starting marketing a covered product, the products covered directly in the United States instead of conceding them to a third party for marketing. When NEOTHERAPEUTICS communicates in writing, within 10 days of receiving such a notification, that GPC GPC has received a notification that it wishes to promote this covered product jointly with GPC, the contracting parties negotiate in good faith the terms of this advertising for this covered product. If GPC proposes to enter into an agreement with a third party, which involves the granting of rights to these third parties, to market a covered product in the United States, GPC will make economically appropriate efforts to obtain co-promotion rights in the United States with third parties including NEOTHERAPEUTICS.
Examples of licenses are available in many different sectors. An example of a licensing agreement is an agreement between software copyright holders to a company, which allows it to use computer software for their day-to-day activities. (b) the full purchase on his own behalf. NEOTHERAPEUTICS shares are acquired by GPC for investments on behalf of LPG, not as a nominee or agent, and not for the resale or distribution of a portion of them, and GPC currently has no intention of selling, granting or otherwise distributing a stake.