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The Non-Exclusive Trademark License Agreement is a crucial document for businesses seeking to monetize their trademark assets or expand their market presence through controlled licensing arrangements in Canada. This agreement is commonly used when a trademark owner wishes to maintain control over their marks while generating revenue through multiple licensing relationships. It includes essential provisions required under Canadian trademark law for maintaining the marks' distinctiveness and the licensor's control over quality and usage. The document addresses key aspects such as territory restrictions, quality control measures, royalty structures, and termination rights, while ensuring compliance with Canadian federal and provincial legislation, including the Trademarks Act and Competition Act. This type of agreement is particularly valuable for businesses expanding through licensing while preserving the flexibility to enter into additional licensing arrangements with other parties.
