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Intercompany Trademark License Agreement

Intercompany Trademark License Agreement Template for Australia

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Key Requirements PROMPT example:

Intercompany Trademark License Agreement

"I need an Intercompany Trademark License Agreement for licensing our Australian parent company's food and beverage trademarks to our newly established subsidiary in Western Australia, with quality control provisions specific to food safety standards."

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Document background
The Intercompany Trademark License Agreement is essential for corporate groups operating in Australia who need to establish clear legal frameworks for trademark usage between related entities. This document is typically used when a parent company or designated IP holding company needs to license trademark rights to subsidiaries or affiliated entities within the same corporate group. It ensures compliance with Australian trademark law while maintaining proper corporate governance and brand control. The agreement includes provisions for quality control, royalty payments, and usage parameters, all structured within the context of Australian legal requirements and intercompany relationships. It's particularly important for multinational companies operating in Australia and domestic corporate groups managing their intellectual property rights across multiple entities.
Suggested Sections

1. Parties: Identification of the licensor and licensee entities, including registration details and addresses

2. Background: Context of the agreement, relationship between the parties, and ownership of the trademarks

3. Definitions: Key terms used throughout the agreement, including specific trademark and territory definitions

4. Grant of License: Scope of the license, including territory, exclusivity, and permitted use of the trademarks

5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

6. Quality Control: Standards for trademark usage and licensor's right to monitor and control quality

7. Payment Terms: Royalty rates, calculation methods, and payment schedules

8. Maintenance and Protection: Responsibilities for maintaining trademark registrations and protecting against infringement

9. Representations and Warranties: Basic warranties regarding trademark ownership and right to license

10. Confidentiality: Protection of confidential information exchanged under the agreement

11. General Provisions: Standard clauses including governing law, notices, and amendment procedures

Optional Sections

1. Sublicensing Rights: Include when the licensee needs the right to sublicense to other group entities

2. Tax Provisions: Detailed tax handling for cross-border arrangements or specific tax jurisdiction requirements

3. Insurance: Include when specific insurance requirements are needed for trademark usage

4. Change of Control: Include for agreements where corporate restructuring implications need to be addressed

5. Exit Provisions: Include when specific provisions are needed for corporate reorganization or divestment

6. Marketing and Promotion: Include when specific requirements for marketing and promoting the branded products are needed

7. Dispute Resolution: Include when specific internal group dispute resolution procedures are required

Suggested Schedules

1. Schedule 1 - Licensed Trademarks: Detailed list of all licensed trademarks, including registration numbers and jurisdictions

2. Schedule 2 - Licensed Territory: Detailed description of geographical territories where license is granted

3. Schedule 3 - Quality Control Standards: Specific quality control requirements and procedures

4. Schedule 4 - Royalty Calculations: Detailed methodology for calculating royalties and examples

5. Schedule 5 - Brand Guidelines: Technical specifications and usage guidelines for the trademarks

6. Appendix A - Trademark Specimens: Visual representations of the licensed trademarks

7. Appendix B - Approval Procedures: Procedures for obtaining approval for new trademark uses or materials

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Definitions
Grant of License
Term and Duration
Territorial Scope
Exclusivity
Permitted Use
Quality Control
Royalties and Payments
Audit Rights
Trademark Protection
Maintenance of Registrations
Infringement
Representations and Warranties
Confidentiality
Indemnification
Assignment and Sublicensing
Termination
Post-Termination Obligations
Force Majeure
Governing Law
Dispute Resolution
Notices
Amendment
Entire Agreement
Severability
Relationship of Parties
Further Assurance
Costs
Waiver
Counterparts
Relevant Industries

Consumer Goods

Retail

Technology

Manufacturing

Pharmaceuticals

Food and Beverage

Fashion and Luxury

Financial Services

Professional Services

Media and Entertainment

Telecommunications

Relevant Teams

Legal

Intellectual Property

Brand Management

Corporate Affairs

Finance

Compliance

Commercial

Business Development

Marketing

Treasury

Risk Management

Relevant Roles

Legal Counsel

Intellectual Property Manager

Brand Manager

Commercial Director

Chief Legal Officer

Trademark Attorney

Corporate Counsel

Licensing Manager

Business Development Manager

Chief Financial Officer

Company Secretary

Compliance Officer

Head of Intellectual Property

General Manager

Industries
Trade Marks Act 1995 (Cth): Primary legislation governing trademark registration, protection, and licensing in Australia. Essential for defining the scope of trademark rights and permissible licensing terms.
Competition and Consumer Act 2010 (Cth): Ensures the agreement doesn't contain anti-competitive provisions and complies with Australian competition law, particularly relevant for intercompany arrangements.
Australian Consumer Law: Schedule 2 of the Competition and Consumer Act, relevant for consumer protection provisions and unfair contract terms, even in B2B contexts.
Income Tax Assessment Act 1997 (Cth): Relevant for tax implications of intercompany licensing arrangements, including transfer pricing considerations and royalty payments.
Electronic Transactions Act 1999 (Cth): Governs electronic execution and validity of electronic agreements if the contract will be executed or managed electronically.
International Treaties (Madrid Protocol): International trademark registration system that may be relevant if the agreement involves international trademark rights.
Copyright Act 1968 (Cth): May be relevant if the licensed trademarks include artistic works or if associated materials are part of the license.
Australian Contract Law: Common law principles governing contract formation, validity, and enforcement, including principles from various state-based legislation.
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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