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Monday, 03/17/2014 7:31:53 PM

Monday, March 17, 2014 7:31:53 PM

Post# of 298910
Licensing Definition:

A contractual agreement between two business entities in which the licensor permits the licensee to use a brand name, patent, or other proprietary right, in exchange for a fee or royalty.


MYEC is has a licensing agreement with this other company. Licensing agreements is how MYEC makes money.

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