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Trade Name License Agreement
I need a Trade Name License Agreement for my Dubai-based fashion retail business to license our trade name to a company in Abu Dhabi for a 5-year term starting January 2025, with strict quality control measures and quarterly royalty payments.
1. Parties: Identification of the licensor and licensee with full legal names, addresses, and registration details as per UAE requirements
2. Background: Context of the agreement, ownership of the trade name, and purpose of the license
3. Definitions: Key terms used throughout the agreement, including 'Trade Name', 'Territory', 'Effective Date', and other relevant definitions
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 agreement and conditions for renewal
6. License Fees: Payment terms, amounts, and schedule for license fees and any other financial obligations
7. Use of Trade Name: Specific guidelines and restrictions on how the trade name may be used
8. Quality Control: Standards and requirements for maintaining the quality of products/services under the trade name
9. Compliance with Laws: Obligations to comply with UAE laws, including commercial and trademark regulations
10. Representations and Warranties: Statements of fact and guarantees by both parties
11. Termination: Grounds and procedures for termination, including breach and consequences
12. Post-Termination Obligations: Actions required after agreement termination
13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Sublicensing Rights: Include when the licensee may be permitted to sublicense the trade name to others
2. Marketing and Promotion: Include when specific marketing requirements or restrictions need to be imposed
3. Territory Restrictions: Include when specific geographic limitations need to be detailed
4. Non-Competition: Include when restrictions on competitive activities are necessary
5. Insurance Requirements: Include when specific insurance coverage is required for the licensed business
6. Assignment Rights: Include when transfer of rights needs to be specifically addressed
7. Dispute Resolution: Include when specific arbitration or mediation procedures are preferred
1. Schedule A - Licensed Trade Name: Detailed description and specifications of the trade name, including any associated logos or marks
2. Schedule B - Territory: Detailed description of the geographic territory where the trade name may be used
3. Schedule C - Fee Schedule: Detailed breakdown of all fees, payment terms, and calculation methods
4. Schedule D - Quality Control Standards: Specific quality control requirements and procedures
5. Schedule E - Approved Use Guidelines: Detailed guidelines for acceptable use of the trade name
6. Appendix 1 - Trade Name Registration Documents: Copies of trade name registration certificates and related documentation
7. Appendix 2 - Required Forms and Notices: Template forms for various notices and requests under the agreement
Authors
Applicable Laws
Business Day
Commencement Date
Confidential Information
Department of Economic Development
Effective Date
Governing Law
Initial Term
License
License Fee
Licensed Business
Licensed Territory
Licensee
Licensor
Quality Standards
Renewal Term
Trade Name
Trade Name Rights
UAE
Use Guidelines
Working Hours
Territory
Term and Renewal
License Fees
Payment Terms
Quality Control
Use Restrictions
Regulatory Compliance
Representations and Warranties
Intellectual Property Rights
Confidentiality
Non-Competition
Record Keeping
Audit Rights
Insurance
Indemnification
Force Majeure
Assignment
Termination
Post-Termination Obligations
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Third Party Rights
Language
Counterparts
Retail
Hospitality
Food & Beverage
Professional Services
Healthcare
Education
Real Estate
Manufacturing
Technology
Fashion & Luxury Goods
Franchising
General Trading
Legal
Commercial
Compliance
Business Development
Operations
Brand Management
Corporate Affairs
Licensing
Risk Management
Finance
Legal Counsel
Commercial Director
Business Development Manager
Compliance Officer
Brand Manager
Licensing Manager
Chief Executive Officer
Operations Director
Franchise Manager
Commercial Contracts Manager
General Counsel
Chief Legal Officer
Business Owner
Managing Director
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