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Thursday, 04/09/2020 2:41:20 AM

Thursday, April 09, 2020 2:41:20 AM

Post# of 185537
Herman Sleegers sent me a reply to the questions he asked to MZ.
One of the questions is What is a technology transfer?
The reply ;To answer your question regarding technology transfer - Technology Transfer Agreements cover the situation where a manufacturer (Licensor) licenses a package of information, Intellectual Property Rights, technical assistance or know-how to a licensee company. The licensee can then manufacture and distribute the products in a defined territory using the licensor’s technology. In the most important aspects of the contract (technology, exclusivity, royalties, termination of contract, applicable law and competent jurisdiction, etc.) Lightwave has not yet announced particulars as to how Technology Transfer will be implemented in our case but I encourage you to monitor future PRs for potential updates on that front.

I still do not see the difference with a straight license agreement? Anybody can explain;
GP can you give it a try so you do something useful?
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