Definitions[]
Export control law[]
A licensee is "[t]he person to whom a license has been issued by BIS."[1]
General[]
A licensee is one who is entitled by a license agreement to acquire or exercise certain rights in or to some property (usually intellectual property) owned or controlled by a licensor. A licensee obtains no ownership rights in the property that he or she receives under the contract.
References[]
- ↑ U.S. Export Administration Regulations, Part 772 (15 C.F.R. §772.1).