Franklin Ohio License Agreement for Use of Trademark Regarding a Manufactured Product is a legal document that outlines the terms and conditions for using a trademark owned by the city of Franklin, Ohio, on a manufactured product. This agreement is important to protect the reputation and integrity of the Franklin Ohio brand and ensure proper usage of the trademark. The license agreement will typically include clauses describing the scope and duration of the license, the permitted use of the trademark, quality control standards, royalties or fees, and any restrictions or limitations imposed on the licensee. It may also outline the obligations of both parties, enforcement provisions, and the consequences of non-compliance with the agreement. Some variations of the Franklin Ohio License Agreement for Use of Trademark Regarding a Manufactured Product may include: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to use the Franklin Ohio trademark on the manufactured product within a defined territory or industry. The exclusivity ensures that no other party can use the trademark in a competing manner. 2. Non-Exclusive License Agreement: In contrast to an exclusive license, a non-exclusive license agreement allows multiple parties to use the Franklin Ohio trademark on their manufactured products. This type of agreement is common when the city wants to maximize the exposure of their brand across various industries. 3. Limited Term License Agreement: This agreement grants a license to use the trademark for a specific period. After the expiration of the term, the licensee must discontinue using the trademark unless a renewal or extension is negotiated. 4. Perpetual License Agreement: A perpetual license agreement allows the licensee to use the Franklin Ohio trademark on their manufactured product indefinitely. This type of agreement is rare and usually involves strict oversight and performance measures to ensure ongoing compliance. It is essential for both the licensor (Franklin, Ohio) and the licensee to carefully review and negotiate the terms of the license agreement to protect their respective interests. Additionally, legal counsel should be sought to ensure that the agreement complies with applicable laws and adequately addresses intellectual property rights.
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.