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Trade Mark Licence Agreement
1. Parties: Identification of the licensor and licensee, including full legal names, registration details, and addresses
2. Background: Context of the agreement, description of the trademark owner's rights, and purpose of the license
3. Definitions: Definitions of key terms used throughout the agreement, including 'Licensed Marks', 'Territory', 'Licensed Products', etc.
4. Grant of License: Scope of the license, including territory, exclusivity/non-exclusivity, and permitted uses
5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination
6. Royalties and Payments: Financial terms, including royalty rates, payment schedules, and reporting requirements
7. Quality Control: Standards for use of the trademark, approval processes, and quality maintenance requirements
8. Protection and Infringement: Obligations regarding trademark protection, handling of infringement, and cooperation in enforcement
9. Representations and Warranties: Statements regarding trademark ownership, right to license, and other key assurances
10. Confidentiality: Provisions for protecting confidential information exchanged during the agreement
11. General Provisions: Standard clauses including governing law, notices, entire agreement, and amendment procedures
1. Sub-licensing Rights: Include when the licensee is permitted to grant sub-licenses to third parties
2. Minimum Performance Requirements: Include when setting specific sales targets or minimum royalty guarantees
3. Marketing and Promotion: Include when specific marketing requirements or restrictions need to be detailed
4. Right of First Refusal: Include when giving the licensee priority rights for additional territories or products
5. Post-Termination Obligations: Include when specific post-termination requirements need to be detailed
6. Insurance Requirements: Include when specific insurance coverage is required from the licensee
7. Export Control: Include when licensed products are subject to export regulations
8. Corporate Social Responsibility: Include when specific CSR standards need to be maintained
1. Schedule 1 - Licensed Marks: Detailed list and images of all trademarks covered by the agreement, including registration numbers
2. Schedule 2 - Licensed Products: Comprehensive list of products/services for which the trademark can be used
3. Schedule 3 - Territory: Detailed definition of geographic territories where license is valid
4. Schedule 4 - Quality Control Standards: Specific quality standards, testing requirements, and approval procedures
5. Schedule 5 - Royalty Calculations: Detailed methodology for calculating royalties, including any variable rates
6. Schedule 6 - Brand Guidelines: Specific requirements for trademark usage, including size, colors, and positioning
7. Schedule 7 - Approved Manufacturers: List of approved manufacturers or suppliers (if applicable)
8. Schedule 8 - Reporting Templates: Standard forms for sales reports and royalty calculations
Authors
Affiliate
Approved Products
Brand Guidelines
Business Day
Commencement Date
Confidential Information
Control
Effective Date
Force Majeure
Gross Sales
Intellectual Property Rights
Licensed Marks
Licensed Products
Licensed Territory
Licensed Use
Licence Fee
Net Sales
Quality Standards
Quarter
Royalty
Royalty Period
Subsidiary
Term
Trade Mark Register
Trade Mark Rights
Working Days
Year
Marketing Materials
Manufacturing Standards
Distribution Channels
Approved Manufacturers
Brand Standards
Competition Laws
Minimum Performance Requirements
Quality Control Procedures
Reporting Period
Sub-licence
Term Sheet
Territory Restrictions
Grant of Rights
Exclusivity
Territory
Term and Duration
Renewal
Royalties
Payment Terms
Quality Control
Compliance
Audit Rights
Confidentiality
Intellectual Property Protection
Warranties
Indemnification
Sub-licensing
Assignment
Termination
Force Majeure
Governing Law
Dispute Resolution
Notices
Brand Guidelines
Marketing Requirements
Reporting Obligations
Record Keeping
Non-Competition
Regulatory Compliance
Insurance
Representations
Amendment
Severability
Entire Agreement
Third Party Rights
Further Assurance
Counterparts
Survival
Data Protection
Anti-Corruption
Export Control
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