Idaho License Agreement for Trademark Usage in Connection with a Manufactured Product In Idaho, a License Agreement for the use of Trademarks in connection with a manufactured product is a legally binding contract between the trademark owner (licensor) and the manufacturer (licensee). This agreement grants the licensee the right to use the licensor's trademark on their manufactured product in exchange for certain terms and conditions, including financial considerations. The Idaho License Agreement outlines the terms of licensing a trademark, which allows the licensee to use the trademark to promote and sell their manufactured products while maintaining the exclusive rights of the licensor. This agreement ensures that the licensee adheres to specific guidelines and requirements concerning the trademark's use. There may be different types of Idaho License Agreements with regard to the use of trademarks in connection with a manufactured product, including: 1. Exclusive License Agreement: This type of agreement grants the licensee exclusive rights to use the licensor's trademark on their manufactured products within a specified geographic area or market segment. This license prohibits the licensor from granting similar rights to any other licensee. 2. Non-Exclusive License Agreement: In this agreement, the licensor grants the licensee non-exclusive rights to use the trademark on their manufactured product. The licensor retains the right to license the trademark to other manufacturers as well. 3. Limited License Agreement: A limited license agreement restricts the use of the trademark to specific product types, product lines, or distribution channels. This agreement provides the licensee with a narrower scope of use for the trademark. 4. Sub-License Agreement: This agreement occurs when the original licensee, who obtained the license from the licensor, grants permission to another party (sub-licensee) to use the trademark in connection with manufacturing a product, subject to the terms established between the licensor and the original licensee. 5. Renewal Agreement: If the initial Idaho License Agreement has expired, but both parties wish to continue the licensing relationship, they can enter into a renewal agreement. This agreement outlines the terms and conditions for extending the license period. In summary, an Idaho License Agreement for the use of trademarks with a manufactured product aims to protect the rights of both the trademark owner and the manufacturer. It defines the scope of use, financial considerations, and other terms that govern the licensee's use of the trademark on their manufactured products.