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Definition. A trademark is any word, name, symbol, or design, or any combination thereof, used in commerce to identify and distinguish the goods of one manufacturer or seller from those of another and to indicate the source of the goods. See 15 U.S.C. § 1127.
A trademark license agreement allows the licensee to use (but not own) the licensor's trademark in connection with agreed-on products or services. Licensing can help a company expand into new markets effectively and easily while lending the licensee an established name and reputation. Trademark license agreement ? How to guide - .com ? articles ? trademark-licens... .com ? articles ? trademark-licens...
Some common examples of trademark licensing you probably see every day are: A professional sports team permitting clothing manufactures to print team names and insignias on their merchandise. Coca-Cola allowing independent bottlers of their soft drinks to label the finished product with the COCA-COLA trademark. What to Include in a Trademark Licensing Agreement yourtrademarkattorney.com ? trademark-license yourtrademarkattorney.com ? trademark-license
An agreement of license between a trademark owner and a manufacturer is an official document that states that the manufacturer of a product has the permission to manufacture the product by the company or the individual who has trademarked it.