Whats the Difference Btween Exclusive rights n Non Exclusive rights?
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WingsOfAnAngel
Banned
ill o.g.
Battle Points: 3
Exclusive and non-exclusive license provisions
Exclusive licenses are especially important in some industries, such as pharmaceuticals, biotechnology, and chemicals, whereas they may not be as important to others, such as electronics and automobile manufacturing.
If a technology is of general use or limited value, or if it is a small part of a large system, the sponsor may choose a non-exclusive license. Sponsors often expect non-exclusive rights to inventions resulting from sponsored research to be royalty-free, but companies are generally willing to pay royalties for exclusive rights.
In some industries, pharmaceuticals, for example, if a sponsor is granted a non-exclusive license, the university may have difficulty interesting other licensees. Some potential licensees may not be willing to spend large sums of money developing a product using the intellectual property that the original sponsor chose not to develop, but could subsequently use royalty free or market in animproved form.
If the sponsor elects a non-exclusive, royalty-free license to use the intellectual property solely for research purposes, the university is still able to grant an exclusive license to a third party for commercialization of the intellectual property. If the sponsor takes an exclusive license, the university must retain the right to use the intellectual property in its own research and instructional programs.
EXCLUSIVE RIGHTS Granting the buyer exclusive use of an image based on a time frame, particular medium or limited by other criteria.
NON-EXCLUSIVE RIGHTS The buyer cannot be guaranteed, nor claim, first use of the image.
Exclusive vs. non-exclusive rights
An issue to contend with concerns the rights you are keeping and the rights you are assigning to the publisher. If the publisher gets exclusive publishing rights, then no one else can publish your book. A better choice for the writer is a publisher who is willing to take non-exclusive rights. Non-exclusive rights means you can work with as many vendors as you want, and keep all the revenues you generate. And as long as you retain subsidiary rights you can also benefit from movie and television rights, character merchandising, CD games, and other products derived from your work.
Best Of Luck,
Wings
Exclusive licenses are especially important in some industries, such as pharmaceuticals, biotechnology, and chemicals, whereas they may not be as important to others, such as electronics and automobile manufacturing.
If a technology is of general use or limited value, or if it is a small part of a large system, the sponsor may choose a non-exclusive license. Sponsors often expect non-exclusive rights to inventions resulting from sponsored research to be royalty-free, but companies are generally willing to pay royalties for exclusive rights.
In some industries, pharmaceuticals, for example, if a sponsor is granted a non-exclusive license, the university may have difficulty interesting other licensees. Some potential licensees may not be willing to spend large sums of money developing a product using the intellectual property that the original sponsor chose not to develop, but could subsequently use royalty free or market in animproved form.
If the sponsor elects a non-exclusive, royalty-free license to use the intellectual property solely for research purposes, the university is still able to grant an exclusive license to a third party for commercialization of the intellectual property. If the sponsor takes an exclusive license, the university must retain the right to use the intellectual property in its own research and instructional programs.
EXCLUSIVE RIGHTS Granting the buyer exclusive use of an image based on a time frame, particular medium or limited by other criteria.
NON-EXCLUSIVE RIGHTS The buyer cannot be guaranteed, nor claim, first use of the image.
Exclusive vs. non-exclusive rights
An issue to contend with concerns the rights you are keeping and the rights you are assigning to the publisher. If the publisher gets exclusive publishing rights, then no one else can publish your book. A better choice for the writer is a publisher who is willing to take non-exclusive rights. Non-exclusive rights means you can work with as many vendors as you want, and keep all the revenues you generate. And as long as you retain subsidiary rights you can also benefit from movie and television rights, character merchandising, CD games, and other products derived from your work.
Best Of Luck,
Wings
bigdmakintrax
BeatKreatoR
This thread has been done more than once....hahaha...To put it in a laymans perspective or a regular ol hip hop producers perspective....(exclusive i usually grant that person rights in the way of a licence of what they can do and what rights I keep, generally I will only exclusively let that person use the track)...(non-exclusive I let it be known that the track is out there with more than one license meaning they do not exclusively have a usage license of the track someone else could be using it) .....you got a lot of control of what you want to control in either instance....it's best to get yaself a lawyer and pay to have your contract done let him know what you want someone to be able to do with your work, he can translate that over....it might cost you about 150-400$ but its worth it.... if you doing anything major and have them explain it pertaining to the MUSic industry....I stay away from a lot of the contracts that are on the internet they are a good start but I don't know who wrote them and I always run anything pertaining to biz thru a lawyer....I know a lot of peeps might go damn I can't afford a lawyer, but for what you might spend on a piece of software or a mixer invest in yourself if you ready to go to that level....