Nebraska License Agreement for Trademark Use in Connection with a Manufactured Product is a legally binding contract that outlines the terms and conditions under which a trademark owner grants permission to another party to use their trademark on a manufactured product. This agreement ensures that the licensee is granted the right to utilize the trademark in compliance with the trademark laws and regulations of the state of Nebraska. This type of license agreement is designed to protect the rights and interests of both the trademark owner, also known as the licensor, and the party seeking to use the trademark, known as the licensee. It establishes the scope, duration, and limitations of the license, along with any specific obligations or restrictions that the licensee must adhere to. The Nebraska License Agreement typically includes the following key components: 1. Parties: Clearly identifies the licensor (trademark owner) and licensee (manufacturer). 2. Trademark Description: Provides a detailed description of the registered trademark, including its design, color scheme, and any additional trademark elements that must be included in the manufactured product. 3. Scope of License: Defines the specific use permitted to the licensee, which may vary depending on the product, geographic area, or other predetermined factors. 4. Quality Control: Requires the licensee to maintain a certain level of quality and consistency in the manufactured product bearing the licensed trademark. This ensures that the reputation of the trademark is not compromised. 5. Royalties and Fees: Specifies any payments to be made by the licensee to the licensor, which may include upfront fees, ongoing royalties, or production-related costs. 6. Intellectual Property Rights: Clarifies that the licensor retains all intellectual property rights associated with the trademark and that no ownership rights are transferred to the licensee, except for the limited use granted under the license. 7. Indemnification: Protects the licensor from any claims or liabilities arising from the licensee's use of the trademark, ensuring that the licensee assumes responsibility for any legal consequences connected to the manufactured product. While there may not be different types of Nebraska License Agreements specifically for the use of a trademark in connection with a manufactured product, there might be variations in agreements based on factors such as exclusivity, territorial limitations, or non-compete clauses. These specific terms would depend on the negotiations between the licensor and the licensee. It is essential to consult legal professionals during the drafting and negotiation process to ensure compliance with Nebraska trademark law and protect the rights of all parties involved.
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.