A "trademark" is a word, design or combination used by an individual or a business to identify its goods or services. In some cases a trademark can also be a sensory mark--a sound, a color or a smell. While marks identifying services rather than goods are technically referred to a "service marks" we will use the term trademarks to include service marks. Trademarks protect names used to identify goods (or services) and their source of origin.
A license is a privilege entitling the licensee to do something that he would not be entitled to do without the license. To license or grant a license is to give permission. A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both.
A license regarding intellectual property commonly has several aspects, including a term, territory, renewal, as well as other limitations deemed vital to the licensor. A licensor may grant permission to a licensee to distribute products under a trademark or grant permission to a licensee to copy and distribute copyrighted works such as a work of art.
Keywords: North Carolina, Trademark License Agreement, College, University A trademark license agreement is a legal contract that allows a college or university in North Carolina to grant permission for the use of its trademarked logos, symbols, or names by a third party. This agreement provides guidelines and terms for the use of a college or university's intellectual property, ensuring that it is used in a manner consistent with the institution's brand image and values. In North Carolina, there are various types of trademark license agreements that can be established between a college or university and another entity. Some different types include: 1. Standard Trademark License Agreement: This is the most common type of agreement where the college or university grants permission to a third party to use its trademarks for specific purposes, such as merchandise sales, advertising, or sponsored events. It outlines the scope of use, quality control measures, royalty or licensing fees, duration, and termination provisions. 2. Internal Trademark License Agreement: This type of agreement is established when a college or university authorizes one of its departments, clubs, or organizations to use the institution's trademarks for internal purposes. It ensures cohesive branding across all official channels and governs the use of trademarks on campus-related materials, uniforms, and promotional items. 3. Sponsorship Trademark License Agreement: In this type of agreement, a college or university grants permission to a sponsoring company or organization to use its trademarks in promotional materials, advertisements, or events. It outlines the terms and conditions for the use of trademarks in a manner that aligns with the institution's branding guidelines and values. 4. Co-branding Trademark License Agreement: When a college or university collaborates with another entity, such as a sports team, for joint marketing initiatives or product development, a co-branding trademark license agreement is established. This agreement defines the terms of the collaboration, including the use of trademarks on co-branded merchandise, advertising campaigns, or sponsored events. Regardless of the type of agreement, a North Carolina trademark license agreement with a college or university typically addresses key elements such as trademark ownership, permitted uses, quality control, protection of intellectual property, indemnification, dispute resolution, and termination provisions. It ensures that both parties understand their rights and obligations concerning the use of trademarks and helps protect the institution's brand reputation and value.Keywords: North Carolina, Trademark License Agreement, College, University A trademark license agreement is a legal contract that allows a college or university in North Carolina to grant permission for the use of its trademarked logos, symbols, or names by a third party. This agreement provides guidelines and terms for the use of a college or university's intellectual property, ensuring that it is used in a manner consistent with the institution's brand image and values. In North Carolina, there are various types of trademark license agreements that can be established between a college or university and another entity. Some different types include: 1. Standard Trademark License Agreement: This is the most common type of agreement where the college or university grants permission to a third party to use its trademarks for specific purposes, such as merchandise sales, advertising, or sponsored events. It outlines the scope of use, quality control measures, royalty or licensing fees, duration, and termination provisions. 2. Internal Trademark License Agreement: This type of agreement is established when a college or university authorizes one of its departments, clubs, or organizations to use the institution's trademarks for internal purposes. It ensures cohesive branding across all official channels and governs the use of trademarks on campus-related materials, uniforms, and promotional items. 3. Sponsorship Trademark License Agreement: In this type of agreement, a college or university grants permission to a sponsoring company or organization to use its trademarks in promotional materials, advertisements, or events. It outlines the terms and conditions for the use of trademarks in a manner that aligns with the institution's branding guidelines and values. 4. Co-branding Trademark License Agreement: When a college or university collaborates with another entity, such as a sports team, for joint marketing initiatives or product development, a co-branding trademark license agreement is established. This agreement defines the terms of the collaboration, including the use of trademarks on co-branded merchandise, advertising campaigns, or sponsored events. Regardless of the type of agreement, a North Carolina trademark license agreement with a college or university typically addresses key elements such as trademark ownership, permitted uses, quality control, protection of intellectual property, indemnification, dispute resolution, and termination provisions. It ensures that both parties understand their rights and obligations concerning the use of trademarks and helps protect the institution's brand reputation and value.
