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Trade Mark Licence Agreement
"I need a Trade Mark Licence Agreement for my Singapore-based fashion brand to license our trademark to a manufacturer in Malaysia for a 5-year term starting January 2025, with strict quality control provisions and quarterly royalty payments based on net sales."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement and ownership of the trademark
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence granted
5. Term and Territory: Duration and geographical scope of the licence
6. Fees and Payment Terms: Licensing fees, royalties, and payment schedules
7. Quality Control: Standards and requirements for use of the trademark
8. Protection and Enforcement: Rights and obligations regarding trademark protection
9. Termination: Circumstances and procedures for ending the agreement
1. Sub-licensing Rights: Provisions governing the licensee's right to grant sub-licenses to third parties
2. Minimum Performance Requirements: Specific performance targets, minimum sales or usage requirements for the licensee
3. Marketing and Promotion: Requirements and guidelines for marketing and promoting the licensed products or services
1. Schedule 1 - Licensed Marks: Details and representations of the licensed trademarks
2. Schedule 2 - Licensed Products/Services: List of products or services covered by the licence
3. Schedule 3 - Quality Control Standards: Detailed quality requirements and specifications
4. Schedule 4 - Fee Schedule: Detailed breakdown of fees and royalty calculations
5. Schedule 5 - Approved Form of Mark: Approved formats and usage guidelines for the trademark
Authors
Approved Form
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Group
Intellectual Property Rights
Licensed Mark
Licensed Products
Licensed Services
Licensed Territory
Licence Fee
Net Sales
Quality Standards
Royalties
Royalty Period
Royalty Report
Term
Trade Mark Register
Trade Mark Rights
Working Day
Year
Quality Control Manual
Minimum Performance Requirements
Marketing Guidelines
Permitted Use
Related Company
Sub-licence
Territory
Trade Mark Office
Use
Valid Claim
Term and Territory
Fees and Royalties
Payment Terms
Quality Control
Quality Standards
Use of Trade Mark
Protection of Trade Mark
Sub-licensing
Confidentiality
Records and Audit
Warranties and Representations
Indemnification
Insurance
Infringement
Termination
Post-Termination Obligations
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Marketing and Promotion
Registration
Goodwill
Compliance with Laws
Further Assurance
Relationship of Parties
Waiver
Third Party Rights
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