What is an exclusive license?

An exclusive license is a type of copyright license that gives the licensee (the person or entity who holds the license) the full right to use the copyrighted material in a certain way, which excludes everyone else from using it. Under an exclusive license, the licensor (the person or entity that holds the copyright) cannot license or assign the same rights to anyone else. In Oklahoma, having an exclusive license grants the licensee the right to use and protect the copyrighted material in the same way that the copyright owner would. This means that any unauthorized use of the material would be copyright infringement, and the offender could be held liable. Having an exclusive license in Oklahoma can be beneficial for many reasons. It grants the licensee the right to control the use of their copyrighted work, and it allows them to monetize their work by potentially gaining royalties from licensing the work to others. Ultimately, an exclusive license helps the copyright owner receive recognition, compensation, and protection for their work.

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