Trade Name License Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

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.

Document background
The Trade Name License Agreement is essential for businesses in the UAE looking to expand their commercial presence through allowing others to use their trade name. This document is particularly relevant when a business wants to maintain control over its trade name while permitting its use by another entity, common in franchise arrangements or business expansions. The agreement must adhere to UAE federal laws, including the Commercial Companies Law and Trademark Law, as well as specific emirate-level regulations from the Department of Economic Development. It typically includes detailed provisions on usage rights, quality control, fees, territory restrictions, and compliance requirements. This type of agreement is crucial for protecting the trade name owner's interests while facilitating legitimate business growth through licensed use of the trade name in the UAE market.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Retail

Hospitality

Food & Beverage

Professional Services

Healthcare

Education

Real Estate

Manufacturing

Technology

Fashion & Luxury Goods

Franchising

General Trading

Relevant Teams

Legal

Commercial

Compliance

Business Development

Operations

Brand Management

Corporate Affairs

Licensing

Risk Management

Finance

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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