A Texas License Agreement for Use of Trademark Regarding a Manufactured Product is a legal document that outlines the terms and conditions under which a trademark owner grants a license to another party to use their trademark in relation to a manufactured product in the state of Texas. This agreement is crucial for establishing the rights and responsibilities of both parties involved, helping to protect the trademark owner's intellectual property and ensuring the proper usage of the trademarked product. Keywords: 1. Texas: Refers to the specific state where the license agreement is applicable. This signifies that the agreement will adhere to the laws and regulations of Texas. 2. License Agreement: A formal contract between a trademark owner and another party that grants specific terms regarding the use of a trademarked product. 3. Use of Trademark: The agreement provides details on how the licensee can utilize the trademark associated with the manufactured product, specifying the scope, duration, and restrictions. 4. Manufactured Product: Refers to the item or goods that are being produced and will be associated with the trademark. This could encompass various industries such as technology, apparel, food, etc. 5. Trademark: Represents a recognizable sign, symbol, or design that distinguishes a product or service from others in the marketplace. 6. Intellectual Property: Refers to creations of the mind, such as inventions, designs, symbols, or artistic works, which are legally protected against unauthorized use. 7. Rights and Responsibilities: The agreement outlines the obligations, privileges, and responsibilities of both the trademark owner (licensor) and the party obtaining the license (licensee). 8. Protection: Ensuring the trademark owner's rights are safeguarded against unauthorized use, infringement, or misrepresentation. 9. Proper Usage: The agreement defines the acceptable and appropriate ways in which the licensee may use the trademark, including guidelines for quality control, advertising, and promotion. Types of Texas License Agreement for Use of Trademark Regarding a Manufactured Product: 1. Exclusive License Agreement: This agreement grants the licensee the exclusive right to use the trademark for a specific product, excluding the trademark owner themselves and any other parties. 2. Non-Exclusive License Agreement: Unlike the exclusive license agreement, this allows the trademark owner to grant licenses to multiple parties simultaneously, providing broader usage rights to the licensee. 3. Sole License Agreement: In this type, the trademark owner grants the licensee sole permission to use the trademark for the manufactured product, excluding themselves but potentially allowing other licenses as well. 4. Limited License Agreement: This agreement places restrictions on the usage of the trademark, specifying certain limitations, such as geographical location, time frame, or quantity.
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.