Royalty Agreement For Use Of Trademark Template for India

1. Minimum Performance Requirements: Minimum sales or revenue targets the licensee must achieve, used when licensor wants to ensure commercial exploitation

2. Sub-licensing Rights: Terms regarding the licensee's ability to sub-license the trademark, included when sub-licensing is permitted

3. Marketing and Promotion: Specific requirements for marketing the branded products, included when brand consistency is crucial

4. Territory Restrictions: Detailed territorial limitations and exclusivity provisions, used for geographically restricted licenses

5. Non-Compete Provisions: Restrictions on licensee's ability to deal with competing brands, included for exclusive arrangements

6. Insurance Requirements: Specific insurance coverage requirements, included for high-risk products or services

7. Export Restrictions: Limitations on export of licensed products, included for territorially restricted licenses

8. Change of Control: Provisions dealing with change in ownership of either party, important for strategic relationships

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

2. Schedule 2 - Licensed Products/Services: Comprehensive list of products or services covered under the license

3. Schedule 3 - Territory: Detailed description of geographical areas where the license is valid

4. Schedule 4 - Royalty Calculation Method: Detailed methodology for calculating royalties, including examples

5. Schedule 5 - Quality Control Standards: Specific quality standards and specifications for licensed products

6. Schedule 6 - Approved Forms of Trademark Use: Examples and guidelines for acceptable trademark usage

7. Appendix A - Reporting Templates: Standard forms for sales reports and royalty calculations

8. Appendix B - Brand Guidelines: Detailed brand usage guidelines and specifications