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How is Licensed Product defined in a legal contract?

• Licensed Product means any product or part thereof. Seen in 91 SEC filings.
• Licensed Product means any service, composition, or product that employs technology or is protected by patent rights. It could also be a product that is created using a specific method, or whose manufacturing, usage, sale, or import would be considered a violation of patent rights without the proper license. Seen in 73 SEC filings.
• Licensed Product means a specific kind of architectural window product that integrates a particular technology. However, it excludes this technology used or intended for use in unspecified products. Seen in 63 SEC filings.
• Licensed Product means specific types of plantlets, mini-tubers, or generations of seed potatoes. These are to be grown exclusively in the designated territory. Seen in 38 SEC filings.
• Licensed Product means any material covered by patent rights, produced using a certain method, or the use of which could potentially infringe upon existing patent rights without the necessary license. Seen in another 38 SEC filings.
• Licensed Product means any product in its entirety or just a part of it. Seen in 36 SEC filings.
• Licensed Product means a product or part of a product used in a specified field. Seen in 32 SEC filings.
• Licensed Product means any product that is created, used, sold, or imported by a licensed party. These products' manufacture, usage, sale, or import would infringe upon valid claims if not for the license granted. Alternatively, these are products developed using or produced by licensed know-how. Seen in 32 SEC filings.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Licensed Product means any item or component using protected technology and covered by specific patent rights.

Relevant Contract Types

• Product Licence Agreement
• Intellectual Property License Agreement
• Technology Transfer Agreement

Relevant Circumstances

• Licensing a product for manufacturing.
• Transferring intellectual property rights for a specific technology.
• Licensing a method or technology for use in producing other products.

Relevant Sectors

• Technology
• Manufacturing
• Software

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Genie Definition 2

• Licensed Product means a product or service employing technical know-how, such production or usage could infringe patent rights if unlicensed.

Relevant Contract Types

• Service Level Agreement
• Non-Disclosure Agreement
• Software License Agreement

Relevant Circumstances

• Licensing a service based on a certain know-how.
• Using protected knowledge or techniques for offering a service.
• Licensing software or a digital product.

Relevant Sectors

• Information Technology Services
• Software Development Services
• Consulting Services

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