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Simple Trademark License Agreement
I need a Simple Trademark License Agreement for licensing my cosmetics brand trademark to a UAE-based manufacturer, with exclusive rights in the GCC region and a minimum annual royalty requirement of 500,000 AED, starting March 2025.
1. Parties: Identification of the Licensor and Licensee with full legal names and addresses
2. Background: Recitals establishing trademark ownership, registration details, and the parties' intention to enter into a licensing arrangement
3. Definitions: Key terms used throughout the agreement including 'Licensed Mark', 'Territory', 'Term', 'Licensed Products/Services'
4. Grant of License: Scope of the license granted, including territory, exclusivity/non-exclusivity, and permitted uses
5. Term and Renewal: Duration of the license and conditions for renewal
6. License Fees and Payment Terms: Financial terms including royalties, payment schedule, and reporting requirements
7. Quality Control: Standards for use of the trademark and Licensor's right to inspect and approve usage
8. Protection of the Mark: Obligations regarding trademark protection, infringement reporting, and enforcement
9. Representations and Warranties: Basic warranties about trademark ownership, right to license, and non-infringement
10. Termination: Grounds for termination, termination process, and post-termination obligations
11. General Provisions: Standard clauses including governing law, notices, assignment, and amendment procedures
1. Sub-licensing Rights: Include when the Licensee is permitted to sub-license the trademark to third parties
2. Marketing and Promotion: Include when specific requirements for marketing and promoting the licensed products/services need to be detailed
3. Minimum Performance Requirements: Include when the license is contingent on achieving specific sales or performance targets
4. Export Restrictions: Include when there are specific restrictions on export of licensed products outside the territory
5. Competition Compliance: Include when the licensing arrangement might raise competition law concerns
6. Change of Control: Include when the license should be affected by changes in ownership of either party
7. Insurance Requirements: Include when specific insurance coverage is required for the licensed activities
1. Schedule 1 - Licensed Marks: Detailed description and representations of the licensed trademarks, including registration numbers
2. Schedule 2 - Licensed Products/Services: Comprehensive list of products/services covered by the license
3. Schedule 3 - Quality Control Standards: Detailed quality control requirements and specifications
4. Schedule 4 - Fee Schedule: Detailed breakdown of license fees, royalty calculations, and payment terms
5. Schedule 5 - Brand Guidelines: Technical specifications and guidelines for trademark usage
6. Appendix A - Form of Quality Control Report: Template for regular quality control reporting
7. Appendix B - Trademark Registration Certificates: Copies of relevant trademark registration certificates
Authors
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Intellectual Property Rights
License
Licensed Mark
Licensed Products
Licensed Services
Licensed Territory
Licensee
Licensor
Net Sales
Quality Standards
Registered Trademark
Royalty Fee
Term
Trademark Office
Trademark Register
Trademark Registration Certificate
UAE
Usage Guidelines
Grant of License
Territory
Exclusivity
Term and Duration
Royalties
Payment Terms
Quality Control
Usage Requirements
Trademark Protection
Registration
Confidentiality
Representations and Warranties
Infringement
Indemnification
Assignment
Sub-licensing
Termination
Force Majeure
Notices
Governing Law
Dispute Resolution
Amendment
Severability
Entire Agreement
Counterparts
Retail
Consumer Goods
Fashion and Luxury
Food and Beverage
Technology
Manufacturing
Pharmaceuticals
Entertainment
Sports and Recreation
Hospitality
Education
Professional Services
Automotive
Electronics
Media and Publishing
Legal
Intellectual Property
Commercial
Brand Management
Business Development
Compliance
Corporate Affairs
Marketing
Finance
Operations
Legal Counsel
Intellectual Property Manager
Commercial Director
Brand Manager
Licensing Manager
Business Development Manager
Corporate Lawyer
Compliance Officer
General Counsel
Chief Legal Officer
Contract Manager
Trademark Attorney
IP Rights Manager
Commercial Operations Manager
Chief Executive Officer
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