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Trade Mark Licence Agreement
"I need a Trade Mark Licence Agreement for my fashion brand to license our logo to a manufacturer in Germany for a 3-year term starting January 2025, with strict quality control provisions and quarterly royalty payments."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of agreement, ownership of marks, and purpose of licence
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of licence (exclusive/non-exclusive/sole)
5. Territory: Geographical scope of the licence
6. Term and Termination: Duration and termination provisions
7. Quality Control: Standards and monitoring of licensed products/services
8. Fees and Royalties: Payment terms and calculation methods
1. Sub-licensing Rights: Include when licensee may grant sub-licences
2. Marketing Requirements: Include for detailed marketing obligations
3. Minimum Performance Requirements: Include when setting specific performance targets
4. Development Rights: Include when licensee may develop new marks or variations
1. Licensed Marks: Details and representations of licensed trade marks
2. Products/Services: Specified products/services covered by licence
3. Quality Standards: Detailed quality requirements and specifications
4. Royalty Calculations: Detailed methodology for calculating royalties
Authors
Approved Products
Brand Guidelines
Business Day
Commencement Date
Confidential Information
Effective Date
Intellectual Property Rights
Licensed Products
Licensed Territory
Licensed Trade Marks
Licence Fee
Licensee
Licensor
Net Sales
Quality Standards
Renewal Term
Royalties
Royalty Period
Subsidiary
Term
Trade Mark Register
Trade Mark Rights
Use
Valid Claim
Working Day
Scope of Licence
Territory
Term and Duration
Royalties and Payments
Quality Control
Protection of Trade Marks
Sub-licensing
Confidentiality
Registration Rights
Representations and Warranties
Indemnification
Termination
Post-Termination Obligations
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment and Modification
Severability
Good Faith
Further Assurance
Costs
Third Party Rights
Marketing and Promotion
Record Keeping
Audit Rights
Intellectual Property Protection
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