👉 Subsidiary licensing refers to a type of license where one party grants a third party the exclusive right to use, sell, or distribute the intellectual property under certain conditions. This is similar to an original licensing agreement, but it involves more flexibility and control over the use of the intellectual property.
In the context of software development, a subsidiary licensing agreement might be used for:
1.
Software Development
: A subsidiary may license their own code (or portions thereof) to another company as part of
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