A license fee may refer to a state fee for working in a certain profession or for running a certain type of business.
A license fee can also refer to money paid to the owner of intellectual property (such as a song, invention, or trademark) for the right to use that property.
License fees are generally a fixed amount, while royalties are payments based on the use of an asset or property.
A legacy clause is a provision that allows people or organizations to follow the old rules that once governed them instead of the new ones, often for a limited time.
The Multi-Employer Social Security Facility (MEWA) is a way for a group of employers to pool their resources to provide their employees with the best health insurance options.
Voting trust agreements allow shareholders to transfer their voting rights to the trustee, effectively giving the trustee temporary control of the corporation.
Choice 83(b) is an Internal Revenue Code (IRC) provision that gives an employee or startup founder the ability to pay taxes on the total fair market value of the restricted shares at the time of grant.
Carriage and insurance paid until when the seller pays the freight and insurance to deliver the goods to the party appointed by the seller at the agreed place.