What is a non-exclusive license?
A non-exclusive license is a type of legal agreement that gives someone permission to use another person’s intellectual property, such as a trademark or copyrighted work, on a non-exclusive basis. This means that the owner of the intellectual property retains the right to license or use it to other people at the same time. In Mississippi, non-exclusive licenses are defined in the Mississippi Intellectual Property Code of 2009, which states that, subject to any contractual agreement set out in the license, the licensor may grant the license to multiple people. In other words, the licensor can enter into individual agreements with each licensee concerning the use of the intellectual property. Non-exclusive licenses are popular in the art law field as they can be used to provide public access to copyrighted works of art. For example, a museum may enter into a non-exclusive license agreement with an artist, granting it the right to display the work of art in its gallery on a non-exclusive basis. This means that other parties can also obtain the right to display the artwork in other venues. Non-exclusive licenses are also advantageous for the licensor as they allow them to retain the rights to their intellectual property while still allowing others to use it. This can help to increase the amount of exposure for the artwork and potentially generate more revenue.
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