The purposes of the LES Standards Program are to:

• Raise the standards of business conduct in IP-oriented transactions
• Improve the practice of IP management
• Reduce the cost and time required to do IP-oriented transactions and IP management
• Protect and preserve the value of IP for innovative individuals and enterprises

Thereby encouraging investment in innovation and enhancing the economic well-being of society.

Applicant (also referred to as Licensor) has developed certain proprietary licensing Materials.

Licensor would like to grant to LES Standards (also referred to as Licensee) a license to the Materials.

Licensor is interested in an Enterprise Membership in LES Standards and sharing Materials for the benefit of the other Enterprise Members of LES Standards, of LES individual members generally, and of members of the intellectual property management community more broadly.

Licensee is interested in obtaining a license in the Materials for its use in connection with the activities of LES Standards, including for use with other members of the LES Standards. 

In consideration for the mutual covenants and agreements, including acceptance of Licensor into Enterprise Membership in LES Standards, the parties agree as follows. 

Definitions

Materials means any information, thing, idea, data or the like contained or expressed in any type of media that is subject to protection by copyright, patent, trademark, trade secret, know how or any other intellectual property right under the laws of any sovereign.

Standards Information means all Materials or any information, thing, idea, data or the like contained or expressed in any type of media within or to the LES Standards. 

LES Standards means one or more Enterprise Members organized for the purpose of promoting standards in intellectual property management. 

Enterprise Member means any entity or person who is a member in good standing of LES Standards.


License Grant
Subject to the obligations of this license and acceptance into LES Standards, Licensor grants Licensee an irrevocable, perpetual, non-exclusive, worldwide, royalty free, fully paid up license in the Materials for private or public use, reproduction, distribution, display and performance, and to make derivative works, in any form thereof at any time. 

Licensor understands that this license applies to any form of property right, including copyright, patent, trade secret, or otherwise, and agrees that no rights are reserved worldwide.

Subject to the obligations of this License, Licensee grants back to Licensor and the other Enterprise Members of LES Standards an irrevocable, perpetual, non-exclusive, worldwide, royalty free, fully paid license in any derivative works of the Materials including translations and modifications of the Materials, hereinafter collectively referred to as Licensee Derivative Works. Such license shall allow Licensor and the other members of the LES Standards Enterprise rights for reproduction, distribution, display and public performance thereof worldwide.


Obligations
Licensor acknowledges and agrees that all Standards Information generated or exchanged in any proposal, deliberation or determination of any LES Standard is confidential and proprietary to LES Standards, including any information that may incorporate any proprietary or copyrighted Material provided by Licensor. 

Prior to any public dissemination by LES Standards, Licensor and Licensee will take all steps necessary to maintain the confidentiality and proprietary nature of the Standards Information and Licensee Derivative Works.

Licensor and Licensee will take all steps necessary to give notice of any copyright or other intellectual property protection licensed or owned by either party in the Standards Information, Materials and Licensee Derivative Works, including but not limited to providing a copyright notice in all copies of the Standards Information, Materials and Derivative Works.

Further, Licensor understands that LES Standards will have the exclusive right to sell copies of the developed and approved standards containing the Materials to members of LES Standards, members of LES, and the public.

CONSENT TO USE OF INFORMATION The society may use the information collected in my completed membership form (“information”) for the following purposes: to provide notices and information about the society, its activities and meetings, to me through mail, fax, email or other mode of communication; to publish my information in its membership directories, available in hard copy, electronic and otherwise; to publish my information in the society’s meeting/function attendance lists; and to maintain my information in the society’s databases for use by the society in furtherance of its activities. The society will not sell my name or address; but may exchange information lists with organizations of like interests. The society has a privacy officer. I may contact the privacy officer to find what information the society has about me in its files. The information is retained while I am a member for 3 years thereafter. The membership and attendance lists are the property of the Licensing Executives Society (USA and Canada), Inc. and are entrusted to society members for their personal information only. Reproduction of such lists is not authorized and their use for general mailings, or similar purpose, including use as a general mailing list for invitation to functions at society meetings not specifically authorized by the society or as a general mailing list for business solicitations, is unethical.