Remote Online Notary Network
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Exclusive License Agreement
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Exclusive License Agreement
An exclusive license agreement grants one party the sole right to use, produce, or sell a particular product or intellectual property. This type of contract is common in industries such as technology, media, and manufacturing. It protects the rights of the licensee and ensures the licensor’s intellectual property is managed properly.
Why Use a Remote Online Notary
Notarizing an exclusive license agreement ensures that both parties are fully aware of the terms and are entering into the agreement voluntarily. It adds legal weight to the contract, making it more enforceable in case of a breach. Notarization verifies the identities of the signers and helps prevent fraudulent claims of exclusivity. It also ensures that the document will be recognized in legal or business disputes.