Licensee Case Study

Licensee Case Study
EXCLUSIVE LICENSE AGREEMENT THIS AGREEMENT, made and entered into on the %ORDER_DATE%, by and between Malcolm Lil John
(hereinafter referred to as "Licensor"), and %CLIENT_NAME% (hereinafter referred to as "Licensee"), relating to the sale of %BEAT_NAME%
(hereinafter referred to as "Master") serves as a legally binding agreement . This agreement grants the Licensee certain exclusive rights to the song being
licensed. All guidelines, limitations and request forthcoming within shall apply to each instrumental included in the collection of
"malcolmliljohn.com." This stands as an individual agreement for each instrumental on the previously stated products via ("malcolmliljohn.com") and
should be treated as such. Any instrumental that is... Show more content on Helpwriting.net ...
Licensee is required to credit the Licensor with the following credit: "Produced by Malcolm Lil John." Licensee agrees to always display this statement
on any and all physical and digital media containing any portion or sum of instrumental included but not limited to CDs, CD covers, promo artwork,
track listings, Youtube videos, digital distributors and all publishers. The licensor at his discretion reserves the right to keep an audio signature at the
beginning of the instrumental. All written statements must state: "Produced by Malcolm Lil John." Indemnification: Accordingly, Licensee agrees to
indemnify and hold Licensor harmless from and against any and all claims, losses, damages, costs, expenses, including, without limitation, reasonable
attorney's fees, arising of or resulting from a claimed breach of any of Licensee's representations, warranties or agreements hereunder. Audio Samples:
3rd party sample clearance is the responsibility of the licensee. Miscellaneous: This license is non–transferable and is limited to the Composition
specified above, does not convey or grant any right of public performance for profit, constitutes the entire agreement between the Licensor and the
Licensee relating to the Composition, and shall be binding upon both the Licensor and the Licensee and their respective successors, assigns, and legal
representatives. Governing
... Get more on HelpWriting.net ...

Pills & Co Essay
PILLS & CO
1. Identify potential sources of synergy in the proposed acquisition of Star Genomics. Identify a set of problems that the acquisition may create. How
can Pills & Co. address them? From the strategic viewpoint, does it appear to be a sensible acquisition for Pills & Co.?
Pills & Co is a pharmaceutical company that has over 100 years of history, over 57,000 employees and annual sales of $28 billion in 2010.
Pills & Co concentration has been broad, researching a wide array of diseases. They have recently realigned their focus to the top 10 "priority
diseases". Star Genomics is a biotech company with less than 10 years of history. They have less than 50 employees, require public support and grants
... Show more content on Helpwriting.net ...
Star Genomics has licensing and support from specific research Universities which means that they have new cutting edge methodologies. Research
Universities have public support and grants in addition to having a willingness to take risks.
There would also be a couple of synergies for Star Genomics. The first being the deep pockets of Pills & Co. Furthermore, Star Genomics would
benefit more at the later stages of a new products development. Biotech companies do not have the sales, marketing and supply chain support as a large
pharmaceutical.
Any reward does have its risks. I can foresee a few problems with an acquisition. Besides the fact that we've told that over 70% of mergers and
acquisitions fail, we also know that sometimes payback on any acquisition can be long (10 years). Additionally, there can be some negative effects on
R&D because of cultural differences between corporations. As is with any M&A, due diligence, integration planning and execution are the
keys to any success.
From a strategic viewpoint, it is my belief that Pills & Co should make a play to purchase Star Genomics for these reasons: * No foreseeable
new product in pipeline. Currently takes up to 11,000 compounds to be screened to find one (1) compound to send through final testing (human trials).
And even then it's not guaranteed to make it past the FDA. * Top sales producers will be losing patent

Foreign Market Entry Modes Essay
Why do companies entry foreign Markets? A company may be looking to increase profits and sales. They can accomplish this by creating new
markets in foreign countries or they may increase sales in a foreign market that is growing faster than the domestic market. Companies also go abroad
to protect their home market. By challenging a competitor in their own market it may prevent that competitor from challenging a company in its own
home market. Thirdly, companies may be going abroad in search of lower production costs or in search of a guaranteed supply of raw materials.
(Ball, Geringer et al. 2010) When a company decides to enter a foreign market there are several entry options available. The options include exporting,
licensing, joint... Show more content on Helpwriting.net ...
Opposite to market concentrators, market spreader companies take a more active approach to export marketing, have a greater focus on sales
objectives, and tend to focus less on profitability. The markets are small and niche markets. Unlike market concentrators, these companies have a
greater tolerance to risk. (Katsikea, Theodosiou et al. 2005) When a company licenses a product or service "one firm (the licensor) will grant to
another firm (the licensee) the right to use any kind of expertise such as manufacturing processes (patented or on unpatented), marketing procedures,
and trademarks for one or more of the licensor's products." (Ball, Geringer et al. 2010) The amount of control a company has over their product will
vary based on the agreement. Granting a license to an unrelated party will offer the least amount of control where a license can be granted to a wholly
owned subsidiary allowing a company to retain control over the product or service. (Hill, Hwang et al. 1990) An advantage of licensing is the licensee
bears much of the startup costs and the costs associated with selling in the foreign market unless the licensee is a wholly owned subsidiary which the
cost will ultimately be the responsibility of the parent company. (Hill, Hwang et al. 1990) The risk associated with licensing to another company that is
not wholly owned is by allowing a "foreign enterprise to use firm–specific know–how to manufacture or market a product, it

General Contractor Licensing For Virginia
General Contractor Licensing for Virginia http://generalcontractorlicensecenter.com/general–contractor–licensing–in–virginia/ In the state of Virginia,
you must obtain your contractor's license from the Department of Professional and Occupational Regulation Board if you play to do any construction
work totaling $1,000 or higher. Construction work can also include demolition, home improvement, or home repair projects. Your contractor'slicense
will be based on your experience and the size of the projects you plan to undertake. The board will determine what caps are placed upon your business
accordingly.
Local laws for specific cities and counties may also apply.
What Kind of License to Get?
There are three distinct license classifications in the state of Virginia depending on which criteria your company meets. You must apply for the
classification that best suits your business, as well as a specialty classification that notifies the board which specific type of contracting work your
company specializes in.
Class C License
Class C License is the easiest contractor's license to obtain in Virginia. This requires 2 years' worth of experience but does not require any exam or a
specific net worth limit for your business. You will be able to take projects that range in price from $1,000 to $10,000 or whatever price you select, as
long as your annual earnings remain under $150,000.
Class B License
Class B License ranks in the middle of the three types in terms of difficulty

Asset Aquability Of A Bank : Asset Quality Of The Banking
ASSET QUALITY OF THE BANKS: As per the RBI the banking system in India is self–sufficient & is well funded. The asset quality of the banks is
however a concern. Assets of the bank are largely loans such as mortgages, government bonds & cash. A healthy level of asset quality is imperative for
survival of the bank. In India's per the RBI's latest report released on June 17 the banking stability indicator (BSI) that indicates banks financial stability
worsened between the quarter of September 2016 to March 2017 due to a deterioration in asset quality and profitability. The report clearly stated that
the gross non–performing assets (GNPAs) of some scheduled commercial banks (SCBs) may rise from the existing 9.6 per cent in the month of March
... Show more content on Helpwriting.net ...
To add to the woos further poor valuations of the public sector bank stocks, are not helping matters either, and raising fresh equity has become
difficult altogether. The public sector banks have been reluctant to tap the markets for increasing their capital levels. Hence the underperforming
banks are now faced with the even a greater levels of challenge and are now constantly looking at newer ways of meeting their capital needs. Some
of these poorly managed banks could any day slide below the minimum regulatory threshold of capital if they don't organize their finances together.
A very recent example would be the united bank of India where the CAR dropped to a level of 9%. To avoid this situation the immediate need of the
hour for all banks, and more specifically the public sector banks, is that capital must be conserved and utilized as efficiently as possible.
пѓ LIQUIDITY COVERAGE RATIO: The Liquidity Coverage Ratio (LCR) concept was launched on January 1, 2015 where a minimum liquidity
requirement of 60% is to be gradually increased to 100% by January 1, 2019 in a phased manner. The LCR is defined as a ratio of High Quality Liquid
Assets (HQLA) to the Total Net Cash Outflows & is prescribed to address the short–term liquidity risk of banks and the banks would be required to
maintain a stock of these HQLAs in an ongoing basis equal to the Total Net Cash

M23 Law for Licenced Premises
M23 Law for Licensed Premises| Task 1: Manager's Guide to Licensing Legislation| Due Date: 25/03/13 Aleesha Wright I.D: 26474 Tutor: Pavel
Pleskot Term 2| Contents * Different Types of Licences * Off–Licence * On–Licence * Club * Special Locations * Events * Differences between
Personal licence and Premises Licence UK/NZ * DPS – (Designated Premises Supervisor) * Procedures for Licence applications UK/NZ * Usability of
guidelines on the conduct of licenced premises for use of staff * Policy for legislation in relation to alcohol measures/ weights Hospitality Managers
Guide to Licencing Legislation... Show more content on Helpwriting.net ...
UK Licence Personal Licences Before you can apply for a Personal Licence to sell/supply alcohol, you will need to have passed the Award for
Personal Licence Holders (APLH) examination. This used to be called the National Certificate for Personal Licence Holders (NCPLH) and it
changed its name in April 2011. Under the Licensing Act 2003, local councils (district or unitary) regulate four 'licensable activities': * the sale of
alcohol * the supply of alcohol (ie, in a members' club) * the provision of regulated entertainment * the provision of late night refreshment (ie, after
11pm) Licensing authorities must carry out their functions with a view to promoting four statutory licensing objectives: * prevention of crime and
disorder * prevention of public nuisance * public safety * protection of children from harm There are three different kinds of authorisation under
which licensable activities can be provided: * premises licence: to use a premises for licensable activities, subject to conditions on the licence * club
premises certificate: to allow a members' club (working men's club/political club) to engage in qualifying club activities, subject to conditions on the
certificate * temporary event notices

The Changing Mattress Business
Changes in the global environment, in conjunction with the deepest and most prolonged economic downturn since the Great Depression, have started a
sea change in the domestic mattress industry. The end of conspicuous consumption for big–ticket items such as mattresses and foundations, is the result
of declining new home sales, tightening of consumer credit, the consumer confidence index still well below pre–recessionary levels (Wang, 2010), and
unemployment hovering near 10%. In order to remain viable in rapidly changing global and task environments, mattress manufacturers will need to
lower material and manufacturing costs, develop products that differentiate them from their competitors, or develop new channels of distribution for
their ... Show more content on Helpwriting.net ...
Furthermore, senior management has developed and implemented organizational systems to create tighter financial controls while implementing
processes that require its executives to produce individual sales objectives, strategies, and action plans. In addition, in order to create an environment of
cooperation, trust, and, motivation for both King Koil and its licensees, the Executive Vice President at King Koil has directed the executive sales team
to establish a "big brother system" where each sales team member has the assignment of working directly with two of the domestic licensees. As such,
each sales team member has begun the process of fostering a harmonious working relationship with the sales executives from their assigned licensees.
For the first time in the history of the licensee–licensor relationship, there are now defined strategies and objectives that both parties are tackling
together. This is a new initiative for King Koil, and one that is necessary to foster the creation of a synergistic approach to mutual growth. Each of
King Koil's sale team members now have eight personal objectives, strategies, and action plans, as do each of the licensee–based sales managers who
have been assigned to work cooperatively with King Koil's executive sales team. The result of this initiative is that as a total company, King Koil now
has approximately 120 total objectives and strategies for 2011. The framework of management by objective (MBO) is now in place.

Banking Licenses for the Nbfcs: a Necessary Evil?
Banking licenses for the NBFCs: A necessary evil?
NBFCs are financial institutes that offer all sorts of banking services, such as loans and credit facilities, retirement planning, money markets,
underwriting, and merger activities without holding banking licenses. The number of non–banking financial companies has expanded greatly in the
last several years as venture capital companies, retail and industrial companies have entered the lending business. Many a times these institutions are
not allowed to take deposits from the public depending on the jurisdiction. For e.g. in New Zealand any company can carry on the business of banking
without any banking licenses.
These institutions also provide wealth management such as managing ... Show more content on Helpwriting.net ...
Considering the financial inclusion steps undertaken these days it is beneficial for the growth of rural areas. Following are NBFCs that could be
reckoning for the new banking licenses.
* Rural segment Focus through micro Finance
Governments and donors have to realize that financial systems and functioning networks of MFIs evolve over long periods of time. It contributes to
development, but requires a climate of broader development to be fully effective, both macro economically and at the local level. NBFCs cater to
numerous micro, small and medium entrepreneurs (MSMEs) who form the backbone of the 'India Growth Story' and yet continue to remain outside the
ambit of normal banking channels. Thus NBFCs will help strengthen the financial architecture.
Negative Impact of NBFC'S
Also the NBFCs will face a challenge with respect to the regulation. Unlike the banks they are not regulated to a great extent. However with this
banking licenses coming up NBFCs will have to adhere to strict norms. Some NBFCs, for instance, give loans against shares to company promoters or
for real estate activities. Banks are either not allowed to undertake such transactions or face restrictions.
Banking is not a business of one or three years. Therefore, looking at

Starting a Spa Business in Singapore
Starting a Spa Business in Singapore
Despite the economic crisis, health and wellness sector in Singapore has always recorded a steady growth starting from S$140 million a year. The
factor causing the high amount of revenue is due to high tourist arrivals and the increase in wealth of individuals. People are more willing to part with
their money in return for exotic treatments and multiple–treatment packages. There has also been a 63% increase in the number of spas since 2003.
Due to the potential gains, big players and new companies are setting up shop in Singapore.
The Massage Establishment Act requires a Massage Establishment (ME) License to allow the company to operate its massage, foot–reflexology
services, spa baths, manicure and similar treatments. The ME License is separated into 2 categories, Category I and Category II. Category I license is
more popular among the spa business as licensees can enjoy serving alcohol, admitting customers regardless of age, unrestricted operating hours and
employing foreign therapists or masseuses.
Before applying for the License, there are a set of conditions that needs to be met before the license can be issued. These conditions are:
Business Condition
пѓјRegistering business with Singapore Companies Registrar, ACRA
Applicant Condition
пѓј21 years old at time of application
пѓјFree from criminal records
пѓјValid Employment Pass or Work Permit if the applicant is foreigner
Company Condition
Category I ME License:
There must be

Becoming A Real Estate Agent
Become a Licensed Real Estate Agent
You are considering a career in real estate. Fantastic, this is a great industry to become a part of.
Now that you know you want to sell real estate, you have to get licensed before you can go any further. So, how do you obtain your real estate license?
Getting licensed is relatively easy, but does require some time and effort. Below we have shared the steps you need to take in order to obtain your
license so that you can started in your new career.
Know YourState's Licensing Requirements
Before you start putting money down for real estate courses, take some time to find out what your state's licensing requirements are.
Every state has different requirements when it comes to attaining a real estate license.
Eligibility– Age, education, and residency requirements differ by state.
Education– Course type, passing scores, and the number of course hours required differ by state.
Fees and application– These also differ by state.
License renewal– The licensing renewal requirements are not something you have to worry about right away, but it is good to be aware of them for the
future.
Take your time becoming familiar with all of the eligibility requirements, number of course hours required, and the application process. By knowing
what your state requires, you can save yourself a great deal of time and be well on your way to starting your new career in real estate.
Start Taking the Pre–Licensing Courses
Once you know what your state

Carrot or Stick?
INTRODUCTION
Tessera was an innovative developer company for the miniature technologies which were widely used in the production of consumer electronics
devices. Company's inventions mainly focus on advanced chip packaging for microelectronic devices and image capturing devices. The company
practiced what intellectual property attorneys referred to as " carrot licensing". Carrot licensing is a model where a company invents and patents a new
idea. Then the company is licensing the idea to other companies with the trade secrets and know–how, and helps them to implement the innovation to
the production. The opposite model to carrot licencing is the "stick licensing", in which a company used either the threat of or actual litigation to ...
Show more content on Helpwriting.net ...
If the company had to resort to litigation, the process was expensive and time consuming.
Tessera frequently used carrot model and has seen it as a marketing exercise. Generally early in licensing programs, licensees were very open to
licensing as they didn't have any know–how. But after some years of licensing, as the manufacturers no longer require a transfer of know–how, and as
volumes and consequently royalties climb, manufacturers attemp to work around the patented technology.Also the existing manufactring infrasructure
was capable of manufacturing such technology after some time of widespread adoption. It is at this point that stick licensing is often required. As
the chip scale packaging was destined to be used so widely used, Tessera choosed the carrot licensing instead of confining its application to a niche.
So the type of the technology was directly affecting the way of commercilization, application can be confined to a niche where company would occupy
vertically, or can be adopted to many other firms by licensing. But as mentioned above after some time of commercialization, stick licensing was also
needed.
PATENTENFORCEMENT
The U.S. constitution gave Congress the power to " promote the devellopment of the useful arts" by granting exclusive rights to inventers for a limited
period of time. The purpose of a patent was to assurre the rights of the creators in exchange for not keeping these inventions secret, thus overall
knowledge base grows.

Licensing Agreement
EXCLUSIVE RAGNAROK
LICENSE AND DISTRIBUTION AGREEMENT
This Exclusive License and Distribution Agreement ("Agreement") is made and entered into as of the 1st day of
December, 2015 ("Effective Date"), by and between Gravity Co., Ltd., a corporation duly organized and existing under the laws of the Republic of
Korea ("Korea") and having its principle office at 15F, Nuritkum Square Business Tower, 1605, Sangam
–Dong, Mapo–Gu, Seoul, Korea ("Licensor"),
and Riot Games, Inc., operates as a subsidiary of Tencent Holdings Limited, and a Delaware corporation with its principal office at 2450 Broadway
Street, Suite 100, Santa Monica, CA 90404 ("Licensee").
.
RECITALS
WHEREAS, Licensor has developed, and owns all rights in massively ... Show more content on Helpwriting.net ...
"Intellectual Property" shall mean all patents, designs, utility models, copyrights, know–how, trade secrets, trademarks, service mark, trade dress and
any other intellectual property rights, whether registered or not, in or related to the Game or Technical Information. "Local Language" shall mean
English as used in the Territory. "Local Version" shall mean the Game provided in the Local Language. "Parties" and "Party" shall mean Licensor
and Licensee, collectively and individually, respectively. "Prepaid Cards" shall mean the tangible or intangible card containing a unique code or other
unique identifying information purchased by End Users to access the Game, as generated by Licensee in its sole and exclusive discretion. "Servers"
shall mean the servers established, installed and operated by Licensee within the Territory only for the service of the Game to End Users in the
Territory. "Sublicensing" shall mean alicense granting a portion or all of the rights, to a third party by Licensee, which has been granted to Licensee
under this Agreement. When used as a verb, "Sublicense" means to engage in Sublicensing. "Technical Information" shall mean the software,
know–how, data, test result, layouts, artwork, processes, scripts, concepts and other technical information on or in relation to the Game and the
installation, operation, maintenance,

Starbucks International Operations
Starbucks International Operations
Starbucks started to decide on expansion by about the mid 1990 's, when the market became saturated. Market saturation is when a company or firm
has covered an area so thoroughly with its presence, that it can no longer experience growth. Because of the market saturation, there were declining
sales throughout stores. The company 's original marketing strategy was to blanket a region with new stores. The idea behind this was to reduce a
customer 's wait in lines, while also reducing the company 's distribution costs. Revenues from stores were actually beginning to decline because stores
were in such close proximity to one another. AlthoughStarbucks was still ahead of their competitors, they were ... Show more content on
Helpwriting.net ...
Starbucks would then open up stores in trendier areas of a country, most likely geared toward a youthful image. In addition to these strategies
Starbucks decided not to compromise on its basic principles of offering quality coffee of similar origins, and offering a non–smoking environment
across the globe (Starbucks International Operations 5).
With their strategies in place, Starbucks decided to enter the Asia Pacific rim markets first. These markets include countries like Japan, Philippines,
Indonesia, Taiwan, Malaysia New Zealand, and Australia (4). There was growing consumerism in the Asia Pacific markets with the younger
generations interested in Western lifestyles and culture (4). In 1998, Starbucks opened its first store in England, and soon expanded to Switzerland,
Germany, and Greece (Planet Starbucks 7). Soon, Starbucks would be operating close to 3,000 coffeehouses throughout 37 countries (8).
However, despite Starbucks seemingly quick success, there were barriers to quicker and more successful expansion. There was a strong coffee
drinking culture in Europe that could offer opportunities as well as threats for the coffee giant. Because of the apparent market for coffee, it seemed
like Europe would welcome new coffeehouses into the mix. There were also rising tensions in certain political environments that did not want any
American presence new regions. In addition,

Employment Law Case Summary
Key issues discussed at the meeting include probation, renewals, reinstatement, applications, examination attempts, administrative hearings amongst
others.
Personal appearances were made in regards to the key issues.
Clinical social worker license of Ms. Ermi which had expired was reinstated upon successful completion of Indiana jurisprudence examination and
ASWB clinical examination.
The board denied Mr. Berghausen reinstatement of license due to not completing required continuing education hours and failure to appear before the
board. Some of the applicants who appeared before the board regarding probationary status briefed the board on their activities and how they are
working to meet the terms of their probation, they were scheduled to ... Show more content on Helpwriting.net ...
The supervisor was subpoena to the next meeting. The board approved withdrawal of indefinite probation placed on Mr. Rensberger's clinical social
worker license after meeting conditions and requirements
Mr. Long whose license was placed on indefinite probation was represented by his attorney, he was denied request to withdraw probation from his
clinical social worker license. Mr. Long was restricted to counseling male clients and couples with both parties' present and respondent at all times. He
is expected to complete 20 hours of continuing education unit in areas of professional boundaries and ethics. Also he is required to inform the board of
his address and employers information in quarterly written reports during the term of the probation and pay fine among other terms and condition. It
seems that licensing does not only regulate the professional activities and maintain ethical standard but also protect the clients served by

Cameron Auto Parts
Alex Cameron took over the reins of his family business after his graduation, and when he did, Cameron Auto Parts was immediately faced with a
big financial crisis. When he took over the company in 1991, sales in 1990 dropped to $48 million and for the first six months of 1991 to $18
million. Cameron Auto Parts also lost $2.5 million in 1990 and the same amount in the first 6 months of 1991. Market forces, such as the Japanese
taking an increasing share of the market, were driving the North American auto producers to try to advance their technology and to lower the prices at
the same time. At that time, Alex had to cut the workforce from 720 to 470 people. He was thinking of different steps of how to increase his sales. He
wanted to enter... Show more content on Helpwriting.net ...
Moreover, the company tried to continue having good relationships with key buyers associated with major industries. Design group was an essential
role to develop new types of couplings. Cameron was willing to pay attention on solving customer's problem as well.
Licensing
Alex wanted to capture foreign markets directly but he didn't have enough resources on its own to do that. After their promising new product was
developed, they had a chance to license it to a Scottish manufacturer, McTaggart. McTaggart couldn't build the market based on shipments from
America because it was too expensive. There was a 5% tariff coming in, freight and insurance was another 10% on top of the price and also there
was the matter of currency values. He wanted to enter a licensing agreement. McTaggart already had a demand for the product so getting into a
license agreement with him would be in Alex's advantage. For Alex it was a good way to enter the U.K. market swiftly via McTaggart's sales
force. There was no financial risk involved. If Alex agreed on licensing he would have advantages such as low investment costs, reduced financial
risk and quick market entry. He agreed on a deal with McTaggart for the U.K market only so he got his chance to exploit its technology there. The
license granted to McTaggart will help bring in the cash flow needed so that they can try to expand. However, the profit of the licensor may not be
maximized

The Immigration Administration Of New Zealand Essay
New Zealand (NZ) ranks very well in quality of living standards globally and thereby makes it a sought–after destination for immigration. To ensure
protection of interest of immigrants and to safeguard the reputation of New Zealand as a top destination of choice – the Immigration Advisers function
is regulated via implementation of the Immigration Advisers Licensing Act 2007 ('The Act'). In the case of ZW v Immigration Advisers Authority,
Judge Priestley J rightly stated that Parliament's objective for passing the Act was to clean up the Immigration Advisers industry, which was subject to
much justified criticism; towards providing an improved system of transparency, competency, Conduct Code and acceptable standards of service (ZW
v Immigration Advisers Authority [2012] NZHC 1069 at [41]).
This Act managed to build an overarching legal architecture with clear operating regime, defined stakeholders' accountabilities, well–defined process
steps and created necessary checks & balances to protect all involved. The Act sits at the centre of the Legal framework that holds the Immigration
Advisory function and creates the necessary safeguards to protect consumers and enhance the New Zealand's reputation by regulating the practice of
providing immigration advice both onshore and offshore.
Immigration New Zealand (INZ) function sits within the Ministry of Business, Innovation and Employment, and aims to increase the economic and
social framework of NZ by facilitating and ensuring

Advantages And Disadvantages Of Licensing
LICENSING
AND
TECHNOLOGY TRANSFER
ChapterDetailsPage No.
1Introduction 2 – 6
2Basic facts of licensing7 – 12
3Rights under a license13 – 14
4License agreement15 – 25
5How to negotiate a license agreement26 – 30
6Transfer of technology31 – 39
7The ways technology is transferred40 – 42
8Technology transfer cycle43 – 46
9Benefits and burdens47 – 49
References50
Index of figures 50
CHAPTER 1: INTRODUCTION
The concept of licensing has been around for a long time, but its importance in society and business is being acknowledged with the evolving time.
With the changing economic scenario licensing is proving to be the new profit generating source. ... Show more content on Helpwriting.net ...
The Japanese economic miracle is built on licensing as Japan develops dominance in consumer electronics, optics and other fields. It is noted that
Japan's strategy of extensive licensing allowed it to jump–start the country rebuilding and, in the case of consumer electronics, to dominate worldwide
markets with its innovations.
The pharmaceutical industry was the first industry to make use of systematic licensing to speed up product development and also to capture existing
market.

Licensing generate a lot of revenue. Say for example, about 90 percent of the $160 million a year in sales at Calvin Klein Inc. comes from licensing
the designer's name to makers of underwear, jeans and perfume. The only merchandise the New York–based company makes itself, in fact, is its
women's apparel line.. IBM, after energizing its efforts to license its thousands of technology patents a few years ago, now attributes $1 billion a year
of its corporate sales to licensing..
Thus Licensing deals can be seen in ancient time and it still continues to leave its marks and with evolving time the importance of having a fair
knowledge of license and licensing is becoming even more felt.
WHY LICENSING IS IMPORTANT?
Why every business is considering licensing options? What is so important about

Koharih Maru Research Paper
"This is the Kobayashi Maru... Please help!" Any true Star Trek fan knows the story of the Kobayashi Maru. It was the test only one Starfleet cadet had
ever beaten. In your simulated Starship, you come across a badly damaged third class Neutronic Fuel Carrier, named the Kobayashi Maru, floating
through a Klingon neutral zone. Intergalactic treaty states that Starfleet fighters, such as the one you are the Captain of, cannot enter the neutral zone.
However the life support systems are down on the Kobayashi Maru and they require you to rescue the passengers and crew. You are presented with
two options: Enter the neutral zone and start intergalactic war, or leave the Kobayashi Maru to die. If you chose the latter, you will have the death of
381 persons on your conscious, their screams pleas for help echoing in your head, and if you chose the ... Show more content on Helpwriting.net ...
Kentucky Law requires marriage licences to be issued in the county clerk's' name, and in fact all marriage licences are obtained through the county
clerk's office. If Gov. Beshear had provided a way to take Davis' name off of the licence, perhaps there could've been resolution, and same–sex couples
could have left Davis' and stepped into a new chapter of life. We need to turn the no win into everybody wins. As of now in Kentucky, there has
been some resolution. As was requested over a year ago, the name "Kim Davis" will not appear on any marriage licence issued in Rowan county. Not
because she has left her post, but because Gov. Beshear has ordered the removal of the county and name of the clerk on all marriage licenses. Instead of
"Rowan County," the top of marriage licences now only say "Commonwealth of Kentucky," and Davis need not sign the documents anymore, as one of
her deputies can sign them as a Notary

Ck Claridge inc
9–910–045
MAY 3, 2010
JOHN S. HAMMOND
C.K. Claridge, Inc.
On a Sunday in mid–September 2009, Christine Schilling was in the office of Ralph Purcell, president of C. K. Claridge, Inc. (CKC). Schilling,
recently hired by Purcell, was going over an analysis she had recently prepared and discussed at a meeting in New York with the firm's intellectual
property attorneys. Purcell hoped that by the end of the afternoon, aided by Schilling's insights, he would be able to establish a course of action that
might hasten the final settlement of a patent suit brought against CKC three years earlier by the Tolemite Corporation and its licensee,
Barton Research and Development (BARD).
The Contenders
CKC was founded in Milwaukee, Wisconsin, in 1948 as ... Show more content on Helpwriting.net ...
In 2005, five years after Tolemite had received its patent, a research chemist at CKC had, quite independently, discovered a very similar process for
synthesizing Varacil. The CKC researchers, however, had not felt that the new processing techniques could be patented. Thus, no patent search had
been initiated and production facilities had simply been converted to the new process. At the time, no one at CKC had suspected the degree to which
its new process was similar to the one originated by Tolemite and covered by Tolemite's process patent. It was with some surprise then that CKC
management learned that it was being sued by Tolemite and BARD for patent infringement.1 Varacil
Varacil was a chemical substance sold almost exclusively to pharmaceutical manufacturers.
Although it appeared in a variety of drug preparations, it represented only a minor fraction of any one drug. The economics of its manufacture (high
fixed and low variable costs plus economies of scale), however, suggested that it be made in long, high–volume runs. Thus the major drug companies
themselves were not involved in its preparation.
Before 2000, Varacil had been processed from naturally occurring organic chemicals found in animal tissue. As a result of the high cost of these natural
chemicals, the cost of Varacil itself had been relatively high. With the advent of synthetic Varacil, this situation changed dramatically.
Variable costs in

Meck Executive Summary
Executive Summary
Statement of the Problem LAB Pharmaceuticals does not have enough capital to finance the testing of Davanrik, an antidepressant drugs that has
potential side effects relating to obesity. LAB approaches Merck & Co., Inc. (Merck) and asks the company to license Davanrik, as well as
funding the clinical testing. Merck must decide whether or not to bid to license Davanrik and if so, at what price.
Discussion
Merck is facing patent expiration problem because most of its popular drugs are going to expire by 2002. Patent expiration will lead to a substantial
loss of sales. Therefore, Merck must develop new compounds quickly to refresh its portfolio and counter the loss of sales.
Licensing Davanrik with LAB would ... Show more content on Helpwriting.net ...
Exhibit TN–2Decision Tree Analysis
%($30)
60%
40% ($0)
10%
15%
5%
70% ($0)
85%
15% ($0)
75%
25% ($0)
70%
15%
5%
Launch: Depression

Launch: Weight Loss
Launch: Dual Claim
Launch: Depression
Launch: Weight Loss
($40)
($200)
($150)
($500)
10% ($0)
($250)
($100)
($400)
($250)
($100)
($0)
$1,200
$1,200
$345
$345
$2,250
Phase I Success
Phase I Failure
Phase II Failure
Phase III Failure
Phase III Failure
Phase III Failure
In–License
Do Not License
Pursue Depression
Pursue Dual
Pursue Weight Loss
Phase III Success

Phase III Success
Phase III Success
Phase III Success
Phase III Success
($70)
$680 5.1% $34.7
($270)
0.90%
$25 6.75% $1.7
($220) 2.25% ($5.0)
$380 0.45% $1.7 ($30) 0.4% ($12.0)
42%
$1,280 2.1%

Pursuing A Degree In Criminal Justice: Personal Statement
I'd like to apply for the Cadet Further Education Award as it offers me the opportunity to continue my studies opposed to deferring it to a later date
and trying to study when I am a constable. Furthering my education at an early stage within criminal justice will assist me as a future constable
within the service. It will help to qualify and assist me in moving up the ranks as a useful officer. I feel I should be considered for the award as my
program of study would be a major benefit to The Bermuda Police as it will provide me with insight into court, security, police and corrections
operation as well as teaching me to handle the legal, social and technological challenges in the criminal justice field of which I can share with others
as a way to help upgrade our policing system even further. In addition it will help me become a flexible member who will be able to cope with and
assist within various placements. My interest in this field means that I intend to return to the Bermuda Police Service with the intention of not only
giving back the time required but making a career out of policing. ... Show more content on Helpwriting.net ...
Whether it is online or further on in my career with The Bermuda Police Service. Although studying full time may prove to be difficult while also
working full time I contend that a degree in criminal justice will be of great benefit to The Bermuda Police Service. As Criminal justice graduates are
well–versed in investigative techniques as well as criminal and privacy law, making them an ideal fit for this line of work. Considering I will be
taught legal systems, how to interact with offenders and develop skills for identifying security issues. Overall such a degree will open up many more
opportunities of study to further educate me in aspects of law and a variety of

Case Of Prudential Assurance V London Residuary Body
A lease can be defined to be a 'term of years absolute', as stated under section 205(1) (xxvii) LPA 1925. The tenant has a right against the landowner,
despite the fact that they don't have an estate. This right is enforceable against the landlord, if thus there is a deed. Fixed term leases and periodic
tenancies, providing that the terms of the lease are certain are the types of leases. A fixed term lease, have a fixed maximum duration. For example,
Lace v Chantler, involved landlords leasing to tenants, for the 'duration of the war', which were held void and was later decided for 'fixed term of 10
years'. In periodic tenancies, certainty can be created by giving a notice to quit. An example can be shown from the case of Prudential ... Show more
content on Helpwriting.net ...
An important point that could be made here is the fact that in terms of revocability, the law is not so clear, making the whole idea controversial,
due to the fusion of law and equity. A famous case that can be picked up is Wood v Leadbitter. The controversy arises due to the fact that it was
before 1874. As if it was after, they could have provided him in equity, an equitable injunction. If we were to look at this scenario as a lease, it may
be suggested that even if this was a lease, as we now have equity, there would still be some sort of remedy provided, which may suggest why it is not
as important to distinguish between a license and a lease.
Exclusive possession could perhaps be the 'foundation of the lease/license distinction'. Street v Mountford is perhaps of paramount importance when
analysing the concept of exclusive possession. Lord Templeman, had argued that where 'exclusive possession' was granted at a premise in land, for a
term at a rent for a specific period, then a lease is granted. The judgment was based on whether the intentions of the parties was of significance matter
thus it was stated to be a 'licence'. It was held to be a lease. As a result, the tenant was protected by the Rent Act, which had provided the tenants with
protection in the land. This is perhaps one of the most important reasons why it's important to distinguish between a lease and a license as it

Questions: What Questions Should Chillax Ask Scorchme '
1. What questions should Chillax ask Scorchme in determining whether or not to issue the license?
Since it is a violent and challenging film, Chillax may ask Scorchme the reason of why he wants to license her music (and which part of it), and
how he is intending to use in the film. It will be great if a storyboard of the clip intended to be synced with the music could be provided. She should
also ask if Scorchme has the recourses, ability and experience to make this a great film, the current progress of the film, and try to identify potential
issues depending on the response. She should also ask about where and how does he plan to exploit the film, since it will affect the activities
permitted. She should also ask if Scorchme is planning ... Show more content on Helpwriting.net ...
She may state that Scorchme should not make any change in the original lyrics or in the fundamental character of the music of the music work, or to
make any other use of the music not expressly authorized without her approval. She may also want to approve rights on how her name and the name
of her song appears when given credit.
Compensation: Because Scorchme seems to be starving, but Chillax will like to share the success of the film (if it happens), Chillax should maybe ask
for some but not too much upfront payment which Chillax should receive once the contract is signed, and royalties for public performances. There
should be a clear royalty rate and royalty base (could be based on income) written the agreement, and Chillax should be granted accounting obligations
and audit rights.
Credit: Chillax will like her name and the title of the song to appear somewhere in the film, so the audience will know that she is the person who
wrote and recorded the song, and take credit for it.
Community: The deal should introduce more people to Chillax's creation, but should also make sure that Chillax's existing audience will not hate the
use of the song in a violent and challenging

The Considerations and Reasoning Behind Licensing
Authority to own or use something is the meaning given to the noun license. According to Anand and Khanna (2000), licensing is essential method of
technology transfer between firms and is commonly found between inter–firm contractual agreements. The agreement gives the licensee permission to
utilize property subjected to specific terms and condition. In return, the licensor gets financial remuneration either by a guaranteed fee or royalty on
percentage of sales.
To cut down the incentive of potential entrant to develop its own or better technology, incumbent firm maylicense its production technology. Therefore,
potential entrant will have no motivation to engage in further R&D activity because the licensing contract leaves the potential entrant with its expected
return from further research. With this, incumbent firm can secure a market share by selling the right to use its lower–cost technology. (Gallini, 1984)
There are 2 main motive for licensing. First would be, licensing yields rents from the swap of generally wasteful method for processing. This
motivation for licensing would exist regardless of the possibility that all examination had ended in an industry which is therefore labelled as ex post
incentive. The likelihood of rents of this sort prompts extra research in the advancement diversion as every individual firm predicts these rents, in form
of royalties from licensing, as an extra profit from attaining the most minimal expense position in the market.
Second

Supporting Arguments for Parent Licensing Essays
Supporting Arguments for Parent Licensing In Hugh Lafollette's paper "Licensing Parents" he talks about the need for government licensing of
parents. His argument states that for any activity that is harmful to others, requires competence, and has a reliable procedure for determining
competence, should require licensing by the government. This argument relates to parenting because it can be harmful to children, requires
competence to raise children, and we can assume that a reliable procedure can be formulated. Therefore, parenting should require licensing by the
government. I agree with Lafollette and shall focus on supporting him by addressing the most practical objections: "There is no reliable procedure for
identifying competent... Show more content on Helpwriting.net ...
This approach will allow different cultures to raise their children according to their beliefs as long as they are not severely harmed. The
overgeneralization objection is not sound because the "procedures for licensing drivers, physicians, lawyers, druggists etc. plainly are not 100
percent accurate," so striving for a perfect test is unrealistic (Lafollette 1980, 189). We have to accept that some bad parents will mistakenly licensed
and good parents denied just as some bad drivers are licensed and good drivers are denied. Lafollette also notes that since these types of tests are not
100 percent accurate, people will be able to reapply just as they can reapply for a driver's license. Therefore, a general test should weed out most of
the bad parents with few errors. From these objections and responses, we can see that a reliable procedure for identifying competent parents could be
formulated. A second objection that carries a lot of force is that "...we could never adequately, reasonably, and fairly enforce..." aparent licensing
program (Lafollette 1980, 193). This objection carries so much force because a couple can conceive babies without the help of anyone else. Due to
this fact it would be impossible to control unauthorized babies because there is no fair way to enforce such a law without harming the innocent child.

American Needle vs. The National Football League Properties
The teams of the NFL established the NFLP or National Football League Properties to "develop, license, and market" the teams' intellectual property
in 1963. The organization allowed a certain amount of nonexclusive licenses to a variety of licensees. American Needle was one of the licensees.
They made a variety of headwear that displayed the various NFL team logos. The licensing agreement lasted until 2000. The NFL teams sanctioned
the NFLP to give Reebok an exclusive license for headwear. With this decision, the NFLP did not renew American Needle's license or the licenses of
any other headwear vendors.
American Needle Inc. filed a suit in an Illinois district court against the NFL, NFLP, NFL teams, and Reebok, claiming that this exclusive license
agreement violated Section 1 of the Sherman Act, 15 В§ U.S.C. 1, which outlaws any "contract, combination . . . or conspiracy, in restraint of trade."
American Needle argued that because individual teams separately own their team logos and trademarks, their collective agreement to authorize NFLP
to award the exclusive headwear license to Reebok, was a conspiracy to restrict other vendors' ability to obtain licenses for the teams' intellectual
property.
The respondents, NFL, moved for a motion of summary judgment on the Section 1 claim, arguing it was immune from antitrust liability as a single
entity. In response, American Needle sought a continuance and asked the U.S. District Court to allow discovery, a motion opposed by the

The Changing Mattress Industry in America
The Changing Mattress Industry in America Changes in the global environment in conjunction with the deepest and most prolonged economic
downturn since the Great Depression have started what I believe is a sea change in the domestic mattress industry. Factors such as declining new home
sales, tightening of consumer credit, the consumer confidence index still well below pre–recessionary levels (Wang, 2010) and unemployment
hovering near 10% have all contributed to the end of conspicuous consumption for big–ticket items like mattresses and foundations ('mattresses').
Mattress manufacturers will need to lower material and manufacturing costs, develop products that differentiate them from their competitors, or
develop new channels of... Show more content on Helpwriting.net ...
There are now processes in place that include the production of individual objectives, strategies and action plans. In addition, in order to create an
environment of cooperation, trust and motivation for both KKLC and its licensees, the Executive Vice President at KKLC has directed the sales team
to establish a "big brother system" where each of the sales team members are now assigned specifically to certain licensees around the country. As
such, each sales team member has begun the process of fostering a harmonious working relationship with the sales executives from their assigned
licensees. For the first time in the history of the licensee–licensor relationship, there are now defined strategies and objectives that both parties are
tackling together. This is a new initiative for KKLC, and one that is necessary to foster the creation of a synergistic approach to mutual growth. If
each of the five sale team members have eight personal objectives, strategies and action plans and each establishes eight additional objectives and
strategies with two sales managers who we are assigned to from the licensee side, as a total company we now have approximately 120 total
objectives and strategies for 2011. The framework of management by objective is now in place. Specific goals have been determined in a participatory
manner, and the goals are reviewed monthly. This is a step in the evolution of the two parties,

Hottie Hawgs Bbq Case Study Essay
Hottie Hawg's Smokin' BBQ
Case Study
Team 16
Strengths: * NASCAR Partnership * Excellent food * Differentiated brand * Creativity of owners * Excellent marketing * Low infrastructure costs *
Mobile restaurant * Little brand competition * Service flexibility * Proprietary recipes * Community support/interests * Professional marketing image
Weaknesses:
* Lack of cash flow * Leadership working for two companies * Loss of founder means all lies on Vaughn * High travel costs for events outside of
Atlanta * Licensing decision reduces the opportunity of franchise income * Limited distribution capabilities * Expansion is expensive *
Non–centralized staff * ... Show more content on Helpwriting.net ...
Because most services are dependent upon people (employees, customers), HHBBQ must avoid past mistakes in variations in quality and
inconsistency such as overstaffing, food waste, and less than ideal image promotion (Ferrell & Hartline, 198) to maintain high service quality and
profitability. Although service quality is a subjective phenomenon (Ferrell & Hartline, 198), this particular marketplace would not allow for
service customization but allow HHBBQ to focus on food quality and speed of service to meet their customers' needs.
2. Comment on the decision to license the Hottie Hawg's brand rather than enter into a franchise agreement with Seymour. In the company's situation,
is it better to promote easier expansion through franchising or maintain tight control over brand image through licensing? Explain.
At this early stage in Hottie Hawg's Smokin' BBQ's history, it is important to cultivate the brand image carefully and with almost obsessive attention to
detail. The offering of tasty barbecue served by attractive women in a fun and laid–back environment is in its introductory stage (Ferrell &
Hartline, 217), and will soon move into the growth stage if all goes well. Hottie's must work to grow and build brand equity and establish a differential
advantage in the market. This is done through careful management of

This Section Analyses The Internationalisation Process
This section analyses the internationalisation process the case firm "Beta. Beta is one of the Nigerian "new generation banks". The Nigerian new
generation banks are banks that were established in the 1990's and grew rapidly to become top banks in the country. "Beta" evolved and expanded
rapidly in the 1990's and in the early 2000s to become one of the largest banks in Nigeria with a strong present in the West African region and a
subsidiary in the UK. This case firm is chosen because of the following reasons, (a) Beta is one of the top banks in Nigeria (b) the bank have
internationalised with subsidiaries in several countries outside Nigeria (c) the bank is one of the pioneer of foreign expansion of the Nigerian firms (d)
the bank ... Show more content on Helpwriting.net ...
By 1999 about 144 banks were in operation and by the end of 2003, a total of 89 banks with 3,282 branches network across Nigeria. According to
Adeleye, Iheanachor, Ogbechie, and Ngwu (2015), these banks were weak in both structure and operations comprising of low capital base, weak
insolvency, and illiquidity, poor ratings and asset quality; oligopolistic structure and weak corporate governance. The banks were also overdependence
on public–sector funds and income from foreign–exchange trading as they also lack the capacity and capability to support growth in the real sector of
the economy.
As a result, the sector was confronted by rampant bankruptcies, collapse, and breakdown of several banks. This was a source of concern for the
regulators and the general public because several customers and investors lost their life savings to dubious bank operators. The appalling situation in
the sector leading to 2004 compelled the bank regulators "Central Bank of Nigeria (CBN)", to decisively intervene to restore the public confidence in
the banking sector and the financial system of the country (B. Adeyemi, 2011). In 2001, a deregulation in banking sector saw the in the issuance of
universal banking licences to several of banks to operate as retail bank

Types of Foreign Market Entry
Types of Foreign Market Entry
For companies that has reached its potential in the local market, they would have to expand globally in order to boost their profits and stay competitive.
Thus, understanding the available foreign modes of entry can help their business to enter into foreign markets more easily.
Companies have 4 different modes of foreign market entry to choose from:
1.Exporting
Exporting enables companies to hold on to their present product line, while transporting goods into a foreign market for distribution. There are direct
and indirect exporting. Direct exporting is whereby a company sells to a customer in another country. While indirect exporting involves selling to a
foreign buyer in the local market.
Due to exporting's low cost and risk, it became one of the common mode of entry for small businesses. In addition, exporting allows companies to
judge and test the demand of their products. This can provide feedback on which products are doing well and which require some adjustments.
However, using exportation also has its drawbacks. Since it tends to be limited by government tariffs, transportation fees and local customs.
2.Contractual agreement
Contractual agreements are long term, non–equity associations between a company and another in a foreign market. It usually include a transfer of
trademark, technology, processes, and or human skills. Licensing and franchising are some examples of contractual agreement.
Licensing provides another company the

Contractor Agreement For The Licensee
Page 1 of 5 ____________
CONTRACTOR AGREEMENT FOR THE LICENSEE
DATED: 2013.
BETWEEN (" ")
(hereby known as the "LICENSEE")
AND
iPOKER Pty Ltd (ACN 129 384 363) trading as OMG Gaming Academy
(hereby known as the "CONTRACTOR")
CONTRACTOR AGREEMENT
START DATE: / / 2013.
THE PARTIES
BETWEEN: (the "LICENSEE");
AND
iPOKER Pty Ltd (ACN 129 384 363) trading as OMG Gaming Academy
(the "CONTRACTOR")
Page 2 of 5 ____________
1. THE ENGAGEMENT
1.1. This Agreement allows the signatory (the Licensee – "Regional Training Manager") a five–year license to provide Croupier Training under the
trading name of OMG
Gaming Academy, in the NSW region of Australia.
1.2. The Contractor has agreed to share with the Licensee 20% of profits made from training ... Show more content on Helpwriting.net ...
The Licensee must promptly advise the Contractor of any issues of which it becomes aware as to premises or equipment that reasonably might not
comply with any
Occupational Health and Safety legislation in relation to the provision of goods and services. 3.2. The Licensee must comply with any Occupational
Health and Safety legislation in regards to the provision of goods and services by ensuring that at all times when providing the contracted services, it
uses safe and proper procedures and practices and that all employees are properly trained and supervised and observe all proper and safe practices.
Page 3 of 5 ____________

4. BREACH BY LICENSEE
4.1. If the Licensee breaches any of its contractual obligations under this Agreement and fails to remedy that breach promptly, and in any event within
24 hours of being requested by the Contractor to so remedy, then the Contractor may, by written notice to the
Licensee, terminate this Agreement. The Contractor will have no obligation to compensate the Licensee for any loss or damages. Any contributions
made by the
Licensee will not be returned.
4.2. All equipment must be returned immediately on termination of this Agreement, or else the Licensee must pay full cost of replacement equipment
to the Contractor.
4.3. This Agreement will be terminated immediately if any illegal activity, theft, or breach of code of conduct is committed by the Licensee.
5. CONFIDENTIALITY
5.1. The Licensee undertakes to keep all

Bank Regulations : The Backbone Of The U.s. Economy
As I have stated before bank regulations are in place to be the backbone of the U.S. economy. Therefore, we live in a system that affects us every
day. Banks have certain requirements and instruments that help them stay open and be profitable. In the 1990s, interstate banking was finally
permitted to create nationwide banks of unprecedented size. Congress 's also attempted to force banks to make home loans to people who had limited
creditworthiness. These regulations are a major factor in why as many banks failing and disappearing today as we did pre Federal Reserve System.
Bank regulations are based on a general core of principles. Banks have two important economic functions. First, they operate a payments system, in
which a modern ... Show more content on Helpwriting.net ...
Banks make their profits and cover their expenses simply by charging borrowers more for loans than they pay depositors to keep their money in the
bank. So simply put, charging high interest rates and distributing a low interest return. The intermediation function of banks is extremely important
because it helped to finance the American economy.
Two major focuses of banking supervision and regulation are the safety and soundness of financial institutions and compliance with consumer
protection laws. In order to measure the safety and soundness of a bank, an examiner's job is to provide on–site examination review of the bank 's
performance based on its financial condition and current management, as well as its compliance with regulations. The rating system used by the
examiner is called the CAMELS rating system which helps measure the safety and soundness of a bank. Each letter of the CAMELS system stands
for one of the six components of a bank's condition: capital adequacy, asset quality, management, earnings, liquidity and sensitivity to market risk. The
first component, capacity measures the borrower's ability to pay a debt, this component measures both the borrower's income to debt ratio and the
payment source of the borrower. Next is collateral, collateral reviews the bank's options if the loan is not paid based on the asset 's that a borrower
may possess. Then the

Questions On Legal Issues Involved
ANS 1. Legal Issues Involved 1. Breach of Franchise Agreement. A franchise agreement is an agreement, in which a person (the franchisor) grants
to another person (the franchisee) the right to carry on the business of offering, supplying or distributing goods or services in Australia under a
system or marketing plan substantially determined, controlled or suggested by the franchisor" in exchange for a royalty SI has entered into a
franchise agreement with SOMA on 24th March 2012 for a period of 4 years. The contract should have run till 2016 but in 2014 the SI terminated the
contract because it could not provide any operational support to SOMA due to loss in other business in UK. This was a decision taken by SI without
any consent/discussion with SOMA prior to terminating the agreement. This act on part of SI is clear breach of the franchise agreement between
SOMA and SI. 2. Breach of Licensing Agreement. SI had entered into a licensing agreement with Melbourne based company named High–Tech which
was a legal contract between two parties. In this licensing agreement, the SI granted High–Tech the right to produce and sell Monda , applying it 's
brand name as well as trademark. SI had asked High–Tech to use their approved way of manufacturing Monda by the use of patented technology
owned by the SI. SI had entered the contract with High–Tech on 11th April 2012 for a period of 3 years and for these 3 years SI would be providing
High–Tech with financial and operation support

Making A Band Or Start Writing Music
When people create a band or start writing music, they want money. In the early 20th century, artists were not receiving the royalties that they should
have earned. Enter the first Performing Rights Organization which is also called a PRO that promised what the artist should be earning, money. PROs
were fine until the organizations realized how much money they can earn. PROs exist for a reason, but the cost of the license, why they are "non–profit",
and why the artist has to sign with PRO's that make PROs truly evil. In February 1914, the first PRO in the United States was formed. Music writers
came together and The American Society of Composers Authors and Publishers was formed. The ASCAP sought out artists, composers, and publishers
to ... Show more content on Helpwriting.net ...
But not all of the artists are under one PRO, so the person must buy a license from each PRO that represents the artist's music that they would be
playing (Public Performance Licenses and Music for Your Small Business). If the person thinks they can get away with not paying, think again. PROs
are always in court suing small businesses for copyright infringement. On average, the lawsuit ends up being $700–$30,000 depending on the severity
of the infringement. Depending on what license they are applying for, the cost varies. License fees range from $300–$500 and could cost more
depending on some variables like if the music would be for a dance studio or for a church (Public Performance Licenses and Music for Your Small
Business). A PRO might sound like a good thing, right? But you're wrong because the PROs goal is to make a profit for the company. An
organization's job is to make money, and then they pay taxes on the revenue they receive. If an organization says they are non–profit, they usually do
not have to pay taxes on the revenue they earn. PROs like ASCAP and BMI say they are non–profit, which means more profit for the artist, right?
Wrong (Why You Should Think Twice Before Joining ASCAP, BMI or SESAC). Members of the ASCAP earn 86.5 cent for every dollar that the
ASCAP earns. But isn't the other 13.5 cents profit? But PROs do that for one specific reason, to trap artist. The

Loan Disbursement and Recovery System of Ific Bank Limited
"Loan Disbursement and Recovery System of International Finance Investment and Commerce Bank Limited"
Internship Report
"Loan Disbursement and Recovery System of International Finance Investment and Commerce Bank Limited"
Submitted to: Md. Shajul Islam
Assistant Professor
Department of Business Administration
Stamford University Bangladesh
Submitted by:
Md. Razib Ahamed
ID No: BBA 03712192
An internship report submitted in partial fulfillment of the requirement for the Degree of Bachelor of Business Administration
15th March 2012 Stamford University Bangladesh Letter of Transmittal
March 12, 2012 ... Show more content on Helpwriting.net ...
I also admire all the personnel of IFIC Bank Limited, Stock Exchange Branch for their co–operation and cordial assistance to me. I am also grateful to
the HRD of IFIC Bank Limited for granting me the opportunity to make my internship program in this organization.
I am grateful to all the respondents of the other officials of this branch of IFIC. Though I was unknown to them, they helped me to gather my expected
information. Their valuable judgments allow me to find out the real information regarding their expectations and perception regarding the bank.
Last but not the least, a big "thanks" goes to my faculty advisor, Md. Shajul Islam for taking the time to guide my efforts and to offer me with helpful

hints and useful advice.
I express my overall gratitude to all the persons who have been involved in assisting me to complete my report.
Table of Contents
Chapters and Content Page No.
Executive Summary1
1.Introduction2–6
1.1 History of Incorporation of IFIC Bank Ltd.3 1.2 Origin of the Report 3–4 1.3 Objective of the Study4 1.4 Methodology of the study5 (I) Primary
Data Collection5 (II) Secondary Data Collection5 1.5 Limitations of the Study5–6
2.Overview of the Bank8–14
2.1An overview of IFIC Bank Ltd 2.2Mission and Vision of IFIC Bank Ltd.8 2.2.1 Banks Mission8

Ib Coca Cola
You are the international manager of a U.S business that has just developed a revolutionary new personal computer than can perform the same
functions as existing PC's but costs only half as much to manufacture. Several patents protect the unique design of this computer. Your CEO has asked
you to formulate a recommendation for how to expand into Western Europe.
Your options are
a) To export from the United States;
b) Tolicense a European firm to manufacture and market the computer in Europe; or
c) To set up a wholly owned subsidiary in Europe.
Evaluate pros and cons of each alternative and suggest a course of action to your CEO.
ANSWER
First and foremost, before answering the question, we must understand on the ... Show more content on Helpwriting.net ...
In relation to the Eclectic paradigm, companies that have low levels of ownership advantages either do not enter foreign markets. If the company and
its products are equipped with ownership advantage and internalization advantage, they enter through low–risk modes such as exporting. Exporting
requires significantly lower level of investment than other modes of international expansion, such as FDI. As you might expect, the lower risk of
export typically results in a lower rate of return on sales than possible though other modes of international business. In other words, the usual return on
export sales may not be tremendous, but neither is the risk. Exporting allows managers to exercise operation control but does not provide them the
option to exercise as much marketing control. An exporter usually resides far from the end consumer and often enlists various intermediaries to manage
marketing activities.
b) Disadvantages of exporting Financial management effort: To minimize the risk of exchange–rate fluctuation and transactions processes of export
activity the financial management needs more capacity to cope the major effort Customer demand: International customers demand more services from
their vendor like installation and startup of equipment,

SA IBL TB8e Ch17
CHAPTER 17–LICENSING AGREEMENTS AND THE PROTECTION OF INTELLECTUAL PROPERTY RIGHTS
TRUE/FALSE
1.The hearing for the Walt Disney v. Beijing Publishing Press was held in the United States.
ANS:FPTS:1
2.It is fairly common for IPR licensors to put geographic and field–of–use limitations on licensees.
ANS:TPTS:1
3.Licensees of IPRs are generally eager to operate under specific marketing quotas requested by the licensor.
ANS:FPTS:1
4.Licensors of IPRs are generally wary of offering licensees exclusive rights in a certain geographic area.
ANS:TPTS:1
5.Under TRIPS, until a pharmaceutical patent is actually granted, a country has no obligation to protect potential prospective rights (during the
pendency of the ... Show more content on Helpwriting.net ...
ANS:TPTS:1
26.Most nations grant patent priority to the individual who can prove (s)he was the first to invent.
ANS:TPTS:1

27.Both the Berne Convention and the Paris Convention require signatory countries to enact certain minimum substantive laws.
ANS:FPTS:1
28.Computer programs are protected as copyrightable literary works under the Berne Convention.
ANS:TPTS:1
29.Since 1996, the European Union's Trademark Regulation has allowed a single trademark registration enforceable in all members of the European
Union.
ANS:TPTS:1
30.Under TRIPS, a nation may decide to exclude pharmaceutical patents if it determines they are immoral.
ANS:TPTS:1
31.Under U.S. copyright law, an author's moral rights are not protected.
ANS:FPTS:1
MULTIPLE CHOICE
1.A. Bourjois & Co. v. Katzel involved the question of whether Katzel:
a.
Was liable to Bourjois for breach of contract.
b.
Was liable to the French subsidiary of Bourjois for trademark infringement and counterfeiting.
c.
Was entitled to punitive damages for willful trademark infringement.
d.
Was liable to Bourjois for trademark infringement.
ANS:DPTS:1

2.A single multinational application process is available for protecting intellectual property in:
a.
In the U.S., Canada, and Mexico.
b.
In the Eastern European countries.
c.
In countries that are member of the Asian Patent Protection Treaty.
d.
In the European Union.
e.
All of the above.
ANS:

Copyright And Licensing Of Art
Copyright and Licensing explained.
No artwork exhibited in an open display is invulnerable; anytime an artwork becomes known, it is predisposed to relative alterations, falsifications, and
reuse by other artists. Countless art movements are fashioned around the revision of earlier works and representations. As an artist, one must accept the
unavoidable fact that one day there will probably be alterations to their artwork.
Once the great Pablo Picasso argued that: "Bad artists copy. Good artists steal". In this essay it will be explained the rules governing the copyright and
licensing. The emphasis of this essay will be also focusing on what are the steps to follow to grant a license to a third party in order to make it liable to
use my work of art, that in this case will be an image from one of my paintings.
The existence of copyright is indispensable especially aiming on intellectual property rights in art, and whether it must be used not simply to protect
the truth of the artist but moreover to encourage future creativeness in the art industry. The meaning of copyright is the sole rights to generate copies
and to control literary, musical, or artistic work for a number of years; within Australia and in many other countries this is 70 years from the artist or
producers death or from the day of publication if later.
As an artist, I am the owner of the copyright of my artworks as far as my work is original. This means that the work must not be copied from another

A License For Real Estate Agents Are Governed By The...
In the State of Wisconsin, exams, licensing, and continuing education for real estate agents are governed by the Department of Regulation and
Licensing, drl.wi.gov/index.htm. Much of the licensing information pertains not only to the sale of houses, but also to anyone who wishes to obtain
any professional license, from a license to work as a security guard to a boxing license to a license for a private investigator. There are three basic real
estate licenses in Arizona, a broker 's license and a salesperson 's license, as with most other states, and an apprentice salesperson 's license. The
apprentice salesperson is generally already working for a licensed Wisconsin real estate broker and is in the process of obtaining training.
Generally, a salesperson 's license allows the holder to sell real estate only under the auspices of a licensed broker. (Salesperson 's licenses are
generally what people refer to when they say they have a real estate license.) To obtain the salesperson 's license, a person must be at least 18 years
of age and a resident of the United States. The initial questionnaire also asks whether a person, either directly or through a corporation or other entity,
has ever had a professional or business license suspended or revoked, and whether they have ever been convicted of a misdemeanor or felony.
Answering "yes" to any of the questions pertaining to personal conduct may either require additional documentation or can be grounds for rejection of
an

Licensee Case Study

Recommended

Recommended

More Related Content

Similar to Licensee Case Study

Similar to Licensee Case Study (8)

More from Teisha Hicks

More from Teisha Hicks (20)

Recently uploaded

Recently uploaded (20)

Licensee Case Study