Georgia License Agreement with regard to use of Trademark in Connection with a Manufactured Product is a legal document that governs the rights and obligations of a trademark owner and a manufacturer. This document outlines the terms and conditions under which the manufacturer is allowed to use the trademark on their manufactured product. The Georgia License Agreement is designed to protect the trademark owner's rights and ensure that the manufacturer adheres to specific guidelines. It grants the manufacturer the right to use the trademark exclusively or non-exclusively, depending on the agreement. There are different types of Georgia License Agreements with regard to use of Trademark in Connection with a Manufactured Product, including: 1. Exclusive License Agreement: This type of agreement grants the manufacturer exclusive rights to use the trademark on their manufactured product. It prohibits the trademark owner from granting any other licenses to other manufacturers for the same product. 2. Non-Exclusive License Agreement: This type of agreement allows the trademark owner to grant licenses to multiple manufacturers. The manufacturer can use the trademark on their manufactured product alongside other manufacturers. The Georgia License Agreement typically includes the following key provisions: 1. Grant of License: This provision outlines the specific rights and limitations granted to the manufacturer regarding the use of the trademark. It specifies whether the license is exclusive or non-exclusive. 2. Quality Control: This provision ensures that the manufacturer maintains a certain level of quality for the manufactured product. It includes guidelines that the manufacturer must adhere to in order to maintain the reputation and integrity of the trademark. 3. Royalties and Payments: This provision states the agreed-upon royalty or payment structure. It specifies how the manufacturer will compensate the trademark owner for the use of the trademark on their product. 4. Term and Termination: This provision specifies the duration of the agreement and conditions for termination. It outlines the circumstances under which either party can terminate the agreement, such as breach of contract or expiration of the agreed-upon term. 5. Indemnification: This provision protects both parties by outlining their obligations in case of any trademark infringement claims or legal disputes involving the use of the trademark on the manufactured product. 6. Governing Law and Jurisdiction: This provision determines which state's laws will govern the agreement and which court will have jurisdiction over any disputes that may arise. It is crucial for both parties involved in a Georgia License Agreement with regard to use of Trademark in Connection with a Manufactured Product to seek legal advice before entering into such an agreement. This ensures that their rights and interests are protected and that they have a clear understanding of the terms and conditions agreed upon.