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Trademark License Agreement

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Trademark License Agreement

File Type: Word     Price: $9.99      

                                                                                        

Summary: The reason for getting a trademark in the first place was to protect the unauthorized use of your trademarked item. However, licensing the use of that trademark can be very profitable when done correctly. This Trademark Licensing Agreement formally recognizes and documents a trademark licensing arrangement and details the use of the trademark in terms how, when, where, length of agreement, royalties to be paid, and much more.

 

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TRADEMARK LICENSE AGREEMENT

This Agreement (Agreement) is made on________________ (date), by and between _________________, (“Licensor”), a ________ Corporation with a principal place of business at XXXX 4th Street, City, State, Zip  and__________________________________ (“Licensee”), with a principal place of business at:_______________________________________________________________________________________________

 WITNESSETH:

WHEREAS, Licensor is the owner of certain trademarks, including without any limitation, any trade dress, trade names, logos, designs, variations or translations thereof, identified on Schedule A (collectively, the “Mark”) and the exclusive right to use and license the use thereof; WHEREAS, Licensee desires to use the Mark on the terms and conditions set forth in this Agreement in connection with the development, advertising and promotion of the services set forth on Schedule B (Services);

WHEREAS, Licensee recognizes that the valuable reputation and goodwill attaching to the Mark is dependent for its preservation on the high quality standards prescribed and established by Licensor, and accordingly, Licensee is willing to comply with Licensor’s standards in order to obtain such quality and to cooperate with Licensor in preserving the reputation and goodwill attaching to the Mark;

NOW, THEREFORE, in consideration of the promises and the mutual covenants and Agreements contain herein, the parties hereto agree as follows:

ARTICLE 1. LICENSE

1.01 Licensor hereby grants to Licensee a non-exclusive right and license to use the Mark solely as an element of the name “_____________________________” in connection with the Services they provide subject to the express terms and conditions in this agreement.

ARTICLE 2. TERM OF CONTRACT

2.01. This Agreement and the right and license granted hereunder will become effective on _______________and will continue in effect until _________________ unless terminated in accordance with the provisions of this Agreement (“Term”).

ARTICLE 3. TRADEMARKS

3.01. Licensee hereby acknowledges Licensor’s right, title and interest in and to the Mark and Licensor’s exclusive right to use and license the use of the Mark and agrees not to claim any title to the Mark except as permitted by this Agreement. Licensee shall prominently display the Mark on all versions of the Services and shall include all notices and legends with respect to Licensor’s trademarks and trade names as are or may be required by applicable federal, state and local trademark laws or which may be reasonably requested by Licensor.

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