Define: Professional License

How is Professional License defined in a legal contract?

• Professional License means any license, permit, certificate, registration, qualification, or authorization that validates a person as professional. This could also include temporary registrations or certificates. Seen in 66 SEC filings.
• Professional License means an untransferable authorization to conduct a health-related activity, which is granted based on qualifications. These qualifications generally include graduation from an approved program and acceptable performance in qualifying examinations. Seen in 15 SEC filings.
• Professional License means a life-long license when issued under certain regulations and a ten-year license when issued under different regulations. Seen in 14 SEC filings.
• Professional License means a license issued to a person based on their successful completion of a performance assessment, and is maintained through continued professional development. Seen in 8 SEC filings.
• Professional License means the official authorization described in certain sections of legal documents. Seen in 4 SEC filings.
• Professional License means an official process, Seen in 4 SEC filings.
• Professional License means the credential issued by an authority. Seen in 3 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of professional license' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Professional License means an officially recognized and non-transferable authorization validating a person's professional qualifications and competencies.

Relevant Contract Types

• Employment Agreements
• Consulting Agreements
• Independent Contractor Agreements

Relevant Circumstances

• Hiring professionals with special skills or qualifications
• Engaging in a business relationship with external consultants or contractors
• Verifying the qualifications of a potential business partner.

Relevant Sectors

• Health Sector
• Legal Services
• Engineering Services
• Consulting Services

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Genie Definition 2

Professional License means a credential granted based on performance assessment and maintained through continued professional development.

Relevant Contract Types

• Professional Development Agreements
• Educational Services Agreements

Relevant Circumstances

• Signing contracts around employee training and development
• Contracting a service provider for professional development services

Relevant Sectors

• Education and Training Services
• Professional Development and Training Providers

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