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Licensing Basics. DeLong Grant Law Partners. License To grant permission The document granting permission Licensor The party granting permission Licensee The party to whom permission is granted. Word Phrase Expression Defined in agreement. May Include. Cross-Licensing.
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Licensing Basics DeLong Grant Law Partners
License • To grant permission • The document granting permission • Licensor • The party granting permission • Licensee • The party to whom permission is granted
Word • Phrase • Expression Defined in agreement
Cross-Licensing • Legal Agreement • Two or more parties share rights to a product or process. • May or may not include the exchange of a license fee