One of the easiest and most common ways to exploit the value of a brand name is by licensing. In simple terms, a license is a grant of certain rights by the owner (the licensor) to someone else (the licensee) for a specified period of time. A license is different from an outright transfer of the rights because a license is usually for a limited period of time. At the end of that period the rights return to the licensor. A brand name may be licensed, such that a clothing company may license another company to use the well-known brand name on its clothing or a company like Disney may license the use of its name to promote another product.
This particular form is heavily in favor of licensee.
Title: Harris Texas Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product Keywords: Harris Texas, Agreement, Exclusive License, Sell, Line of Apparel, Reservation of Right, Licensor, Licensed Product Introduction: The Harris Texas Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product is a legally binding document designed to establish a partnership between the licensor and licensee. This agreement grants the licensee the exclusive rights to sell a specific line of apparel in a defined territory. However, the licensor retains the right to sell the licensed product in specific circumstances. Types of Harris Texas Agreements Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product: 1. Standard Exclusive License Agreement: This type of agreement outlines the terms and conditions for granting an exclusive license to a licensee for selling a specific line of apparel in a designated geographical area. It clearly defines the rights, responsibilities, and obligations of both parties involved. 2. Harris Texas Territorial Agreement: A territorial agreement focuses on specifying the geographical boundaries within which the licensee has the exclusive rights to sell the licensed product. The licensor reserves the right to sell the product outside the designated territory. 3. Reserved Right Agreement: Under this agreement, the licensee is granted the exclusive rights to sell the licensed apparel line, but the licensor retains specific reserved rights to directly sell the product in specific situations. This agreement provides clarity on when and under what circumstances the licensor may engage in direct selling. 4. Limited Time Agreement: In some cases, the agreement may grant an exclusive license to the licensee for a limited time period. This type of agreement defines the duration for which the licensee has the exclusive rights to sell the licensed line of apparel, after which the licensor may offer the license to other potential licensees. 5. Renewal Agreement: Renewal agreements may be established to extend the duration of the exclusive license once the initial agreement's term expires. This agreement allows the parties to negotiate new terms and conditions while continuing their business relationship. Conclusion: The Harris Texas Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product is a comprehensive legal document that governs the business relationship between a licensor and licensee. By clearly defining the rights and obligations of both parties, these agreements help ensure a mutually beneficial partnership in the apparel industry.Title: Harris Texas Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product Keywords: Harris Texas, Agreement, Exclusive License, Sell, Line of Apparel, Reservation of Right, Licensor, Licensed Product Introduction: The Harris Texas Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product is a legally binding document designed to establish a partnership between the licensor and licensee. This agreement grants the licensee the exclusive rights to sell a specific line of apparel in a defined territory. However, the licensor retains the right to sell the licensed product in specific circumstances. Types of Harris Texas Agreements Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product: 1. Standard Exclusive License Agreement: This type of agreement outlines the terms and conditions for granting an exclusive license to a licensee for selling a specific line of apparel in a designated geographical area. It clearly defines the rights, responsibilities, and obligations of both parties involved. 2. Harris Texas Territorial Agreement: A territorial agreement focuses on specifying the geographical boundaries within which the licensee has the exclusive rights to sell the licensed product. The licensor reserves the right to sell the product outside the designated territory. 3. Reserved Right Agreement: Under this agreement, the licensee is granted the exclusive rights to sell the licensed apparel line, but the licensor retains specific reserved rights to directly sell the product in specific situations. This agreement provides clarity on when and under what circumstances the licensor may engage in direct selling. 4. Limited Time Agreement: In some cases, the agreement may grant an exclusive license to the licensee for a limited time period. This type of agreement defines the duration for which the licensee has the exclusive rights to sell the licensed line of apparel, after which the licensor may offer the license to other potential licensees. 5. Renewal Agreement: Renewal agreements may be established to extend the duration of the exclusive license once the initial agreement's term expires. This agreement allows the parties to negotiate new terms and conditions while continuing their business relationship. Conclusion: The Harris Texas Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product is a comprehensive legal document that governs the business relationship between a licensor and licensee. By clearly defining the rights and obligations of both parties, these agreements help ensure a mutually beneficial partnership in the apparel industry.
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.
