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Trademark License Agreement Between Parent And Subsidiary
"I need a Trademark License Agreement Between Parent And Subsidiary for our US-based technology company to license our software trademarks to our new subsidiary in Canada, with specific quality control provisions and sublicensing rights to be effective from January 2025."
1. Parties: Identification of the parent company (licensor) and subsidiary (licensee)
2. Background: Context of the agreement, relationship between parties, and ownership of trademarks
3. Definitions: Key terms including Licensed Marks, Territory, Field of Use, Net Sales
4. Grant of License: Scope of rights granted, exclusivity/non-exclusivity, territory restrictions
5. Quality Control: Standards, inspection rights, approval procedures
6. Royalties and Payment: Payment terms, reporting requirements, audit rights
7. Term and Termination: Duration, renewal options, termination rights
8. Ownership and Protection: Confirmation of ownership, protection obligations
9. General Provisions: Standard boilerplate clauses
1. Sublicensing Rights: Terms for sublicensing when subsidiary needs right to sublicense to third parties
2. International Provisions: Specific terms for international use when license extends beyond domestic territory
3. Marketing and Promotion: Requirements for marketing licensed products when specific marketing standards need to be maintained
4. Transfer Pricing Provisions: Detailed transfer pricing methodology when significant inter-company transactions are involved
1. Schedule A - Licensed Marks: Detailed list of all licensed trademarks, registration numbers
2. Schedule B - Quality Control Standards: Specific quality requirements and procedures
3. Schedule C - Approved Products/Services: List of products/services covered by license
4. Schedule D - Territory Definition: Detailed description of licensed territory
5. Schedule E - Royalty Calculation: Detailed methodology for calculating royalties, if applicable
6. Schedule F - Style Guide: Guidelines for proper trademark usage and brand standards
Authors
Affiliate
Effective Date
Field of Use
Gross Sales
Licensed Marks
Licensed Products
Licensed Services
Licensed Territory
Licensor's Standards
Net Sales
Parent Company
Quality Control Standards
Reporting Period
Royalty Rate
Subsidiary
Style Guide
Term
Trademark Rights
Usage Guidelines
Working Day
Year
Export Control Laws
Foreign Currency
Local Laws
Territory Specific Requirements
Approved Manufacturers
Manufacturing Standards
Product Specifications
Ownership of Marks
Quality Control
Royalties
Payment Terms
Audit Rights
Term and Duration
Termination
Confidentiality
Representations and Warranties
Indemnification
Insurance
Territory Restrictions
Use of Marks
Registration and Maintenance
Infringement
Record Keeping
Reporting Requirements
Assignment
Governing Law
Dispute Resolution
Force Majeure
Notices
Entire Agreement
Amendment
Severability
Waiver
Sublicensing
Export Control
Transfer Pricing
Marketing Requirements
Non-Competition
Change of Control
Cross-licensing
Compliance with Laws
Anti-corruption
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