{"id":40113,"date":"2026-01-11T02:39:18","date_gmt":"2026-01-11T07:39:18","guid":{"rendered":"https:\/\/cya.uwm.mybluehost.me\/website_f6805f1f\/?post_type=encyclopedia&amp;p=40113"},"modified":"2026-01-11T02:39:18","modified_gmt":"2026-01-11T07:39:18","slug":"option-agreement","status":"publish","type":"encyclopedia","link":"https:\/\/oceanworks.whoi.edu\/innovation\/encyclopedia\/option-agreement\/","title":{"rendered":"Option Agreement"},"content":{"rendered":"<p data-start=\"2446\" data-end=\"2623\">A &ldquo;try-before-you-buy&rdquo; right: sponsor can evaluate technology (and sometimes reserve future licensing rights) for a limited time.<\/p>\n<p data-start=\"2625\" data-end=\"2808\">\n<\/p>","protected":false},"excerpt":{"rendered":"<p>A \u201ctry-before-you-buy\u201d right: sponsor can evaluate technology (and sometimes reserve future licensing rights) for a limited time.<\/p>\n","protected":false},"author":6,"template":"","encyclopedia-tag":[88],"class_list":["post-40113","encyclopedia","type-encyclopedia","status-publish","hentry","encyclopedia-tag-licensing"],"acf":[],"_links":{"self":[{"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/encyclopedia\/40113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/users\/6"}],"version-history":[{"count":0,"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/encyclopedia\/40113\/revisions"}],"wp:attachment":[{"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/media?parent=40113"}],"wp:term":[{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/oceanworks.whoi.edu\/innovation\/wp-json\/wp\/v2\/encyclopedia-tag?post=40113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}