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GVD offers licenses to its proprietary
technology for specific applications.
The key parameters of the license agreements are generally as follows: |
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Rights granted for a specific application or field. |
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Non-exclusive or exclusive, the latter being subject
to restrictions in certain fields. |
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Rights granted can be either worldwide or geographically
restricted. |
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Payment of up-front license initiation fee. |
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Rights subject to royalties as a function of sales. |
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Rights granted subject to performance milestones. |
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Rights granted subject to annual license maintenance
fee. |
