A New Mexico License Agreement — Sublicense of Trademark and Domain Names is a binding legal contract that allows the owner (licensor) of a trademark and/or domain name to grant permission to another party (licensee) to use and exploit these intellectual property assets within the state of New Mexico. This agreement outlines the specific terms and conditions under which the sublicense can be granted and the rights and responsibilities of both parties involved. Keywords: New Mexico, license agreement, sublicense, trademark, domain name, intellectual property, legal contract, rights, responsibilities, permission, exploit, terms and conditions. There might not be specifically different types of New Mexico License Agreement — Sublicense of Trademark and Domain Names, as the content and provisions of such agreements can vary based on the unique needs and requirements of the license and licensee. However, below are a few possible variations that might exist: 1. Exclusive Sublicense Agreement: This type of agreement grants the licensee the exclusive right to sublicense the use of the trademark and/or domain name within New Mexico, preventing the license from granting similar rights to any other party. 2. Non-exclusive Sublicense Agreement: In this type of agreement, the licensee is granted the non-exclusive right to sublicense the use of the trademark and/or domain name within New Mexico. This allows the license to also sublicense the same rights to other parties. 3. Term-limited Sublicense Agreement: This agreement sets a specific duration for which the sublicense is valid. Once the term expires, the rights granted to the licensee are terminated unless an extension or renewal is agreed upon. 4. Royalty-based Sublicense Agreement: This type of agreement requires the licensee to pay the license a percentage or fixed amount of royalties based on the revenue generated through the use of the trademark and/or domain name within New Mexico. 5. Full Sublicense Agreement: When a full sublicense agreement is executed, the licensee gains unrestricted rights to use and exploit the trademark and/or domain name within New Mexico, subject to compliance with applicable laws, restrictions, and limitations outlined in the agreement. It is essential for both the license and licensee to carefully review and negotiate the terms of the New Mexico License Agreement — Sublicense of Trademark and Domain Names to ensure all parties' rights and obligations are protected. Seeking professional legal advice is recommended to draft and finalize the agreement to meet the specific needs of the transaction.
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.