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Exclusive license: An exclusive trademark license provides the licensee with the right to use trademark to the exclusion of all, including the licensor. Thus, the trademark owner cannot use the trademark himself nor can he license any rights to others.
How much does it cost to litigate a trademark? Trademark infringement lawsuits that advance to trial are estimated to cost between $375,000 to $2 million per case.
If you want stronger, nationwide rights, you'll need to apply to register your trademark with us. You're not required to register your trademark. However, a registered trademark provides broader rights and protections than an unregistered one.
You may challenge an application for trademark registration at the USPTO by filing an opposition with the TTAB within 30 days after it is published in the Official Gazette.
License Agreement: The primary difference between the two agreements is that a License allows the Licensor to maintain their rights and interest in their IP, whereas an Assignment transfers all of the Assignors rights to their IP and assigns it to the Assignee.
While others prefer to receive a percentage of gross revenue earned by the company that is using their trademark. Depending on the perceived value of your trademark, this licensing fee can range from a few hundred dollars to several thousands.
A trademark is a word, phrase, symbol, or design that identifies and distinguishes the goods and services of one company from those of another. A trademark license is one way to transfer the use of a trademark or service mark from its owner (the licensor) to another party (the licensee).
Parties can also achieve settlement through assignments and licensing. A party that is faced with a prior application or registration can contact the owner of the conflicting mark in an effort to negotiate an assignment of rights or in the alternative, a license.
A trademark license is typically accomplished through a contract, like the written agreement form that follows. After the parties have negotiated and signed their agreement, the document should be recorded with the U.S. Patent and Trademark Office (USPTO).