The Mississippi Agreement for Sub-license of Trademark for Use in a Restaurant Business is a legal document that outlines the terms and conditions for granting permission to use a trademark in a restaurant business located in Mississippi. This agreement is a type of sub-license agreement specifically tailored for the restaurant industry. The purpose of this agreement is to grant a sub-licensee the right to use a trademark owned by the original trademark holder within the specified jurisdiction of Mississippi. The trademark may include a restaurant name, logo, slogan, or any other distinctive identifier that sets the business apart from others. Key provisions that may be included in a Mississippi Agreement for Sub-license of Trademark for Use in a Restaurant Business: 1. Parties: Identify the original trademark holder (licensor) and the sub-licensee (licensee) participating in the agreement. Include their legal names, addresses, and any relevant contact information. 2. Grant of Sub-license: Clearly state that the licensor is granting the licensee a sub-license to use the trademark specifically for operating a restaurant business in Mississippi. 3. Trademark Usage: Outline the scope of trademark usage, such as the specific name, logo, or slogan allowed to be used. This section may also provide guidelines on how the trademark should be presented, ensuring consistency and maintaining the brand's integrity. 4. Term and Termination: Specify the duration of the sub-license agreement and any conditions under which either party may terminate the agreement. This section can include provisions for renewal options. 5. Sub-license Fees and Royalties: Detail any financial arrangements, such as sub-license fees or royalties, to be paid by the licensee to the licensor for the use of the trademark. Clearly outline the payment terms, frequency, and any applicable penalties for late or non-payment. 6. Quality Control: Establish quality standards and control measures to ensure that the licensee maintains the reputation and integrity of the trademark. This may include regular inspections, brand guidelines, and periodic audits. 7. Indemnification and Liability: Specify the responsibilities and liabilities of both parties concerning any trademark infringement, disputes, or legal claims arising from the use of the trademark. 8. Confidentiality: Include provisions to protect any confidential information exchanged during the agreement and restrict its disclosure to third parties. 9. Governing Law and Jurisdiction: Determine the applicable laws of Mississippi that will govern the agreement and specify the preferred jurisdiction to resolve disputes. 10. Entire Agreement and Amendments: State that the agreement constitutes the entire understanding between the parties and cannot be modified or amended unless agreed upon in writing by both parties. It's worth noting that specific types or variations of a Mississippi Agreement for Sub-license of Trademark for Use in a Restaurant Business may exist depending on the unique circumstances of each agreement, such as the type of restaurant or the nature of the trademark being sub-licensed.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.