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Trademark License Representation Agreement

North Carolina Trademark License Representation Agreement

Name: North Carolina Trademark License Representation Agreement
Brand: US Legal Forms
Rating: 4.81 (283 reviews)

Category:

Copyrights Patents and Trademarks - Contracts

State:

Multi-State

Control #:

US-13096BG

Format:

Instant download

Description

A trademark license agreement allows the licensee to use (but not own) the licensor's trademark in connection with agreed-on products or services. A North Carolina Trademark License Representation Agreement is a legal document that outlines the terms and conditions of licensing a trademark in the state of North Carolina. This agreement is entered into between the trademark owner (licensor) and the licensee, who wishes to use the trademark for certain specified purposes. Keywords: North Carolina, Trademark, License, Representation Agreement, legal document, terms and conditions, licensing, trademark owner, licensor, licensee. In North Carolina, there are different types of Trademark License Representation Agreements, each serving a specific purpose: 1. Exclusive Trademark License Agreement: This type of agreement grants the licensee exclusive rights to use the trademark within the specified territory or for specific products or services. The licensor cannot grant any other licenses to third parties within the same territory or for the same products/services. 2. Non-Exclusive Trademark License Agreement: In this agreement, the licensor grants the licensee the non-exclusive right to use the trademark. The licensor can also grant similar licenses to other parties for the same territory or products/services. 3. Multiple Licensee Trademark License Agreement: This agreement allows the licensor to grant licenses to multiple licensees for the same trademark within a specific territory or for particular products/services. Each licensee will have distinct rights and obligations defined in the agreement. 4. Sublicensing Trademark License Agreement: This type of agreement permits the licensee to sublicense the use of the trademark to third parties. The sublicensing arrangement requires the prior approval of the licensor and usually involves certain conditions and royalty payments. 5. Co-Branding Trademark License Agreement: This agreement is entered into when two or more parties wish to use their trademarks together for a joint product or service. It defines the terms of the collaboration, including the rights and obligations of each party and the specific use of the co-branded trademarks. 6. Renewal or Termination of Trademark License Agreement: This provision outlines the procedures for renewal or termination of the agreement. It specifies the notice period, conditions, and any potential penalties or damages that may apply in case of termination. It is essential to consult with a qualified attorney or legal professional experienced in trademark law in North Carolina to draft and review a North Carolina Trademark License Representation Agreement to ensure compliance with applicable laws and to protect the rights and interests of both the licensor and licensee.

A North Carolina Trademark License Representation Agreement is a legal document that outlines the terms and conditions of licensing a trademark in the state of North Carolina. This agreement is entered into between the trademark owner (licensor) and the licensee, who wishes to use the trademark for certain specified purposes. Keywords: North Carolina, Trademark, License, Representation Agreement, legal document, terms and conditions, licensing, trademark owner, licensor, licensee. In North Carolina, there are different types of Trademark License Representation Agreements, each serving a specific purpose: 1. Exclusive Trademark License Agreement: This type of agreement grants the licensee exclusive rights to use the trademark within the specified territory or for specific products or services. The licensor cannot grant any other licenses to third parties within the same territory or for the same products/services. 2. Non-Exclusive Trademark License Agreement: In this agreement, the licensor grants the licensee the non-exclusive right to use the trademark. The licensor can also grant similar licenses to other parties for the same territory or products/services. 3. Multiple Licensee Trademark License Agreement: This agreement allows the licensor to grant licenses to multiple licensees for the same trademark within a specific territory or for particular products/services. Each licensee will have distinct rights and obligations defined in the agreement. 4. Sublicensing Trademark License Agreement: This type of agreement permits the licensee to sublicense the use of the trademark to third parties. The sublicensing arrangement requires the prior approval of the licensor and usually involves certain conditions and royalty payments. 5. Co-Branding Trademark License Agreement: This agreement is entered into when two or more parties wish to use their trademarks together for a joint product or service. It defines the terms of the collaboration, including the rights and obligations of each party and the specific use of the co-branded trademarks. 6. Renewal or Termination of Trademark License Agreement: This provision outlines the procedures for renewal or termination of the agreement. It specifies the notice period, conditions, and any potential penalties or damages that may apply in case of termination. It is essential to consult with a qualified attorney or legal professional experienced in trademark law in North Carolina to draft and review a North Carolina Trademark License Representation Agreement to ensure compliance with applicable laws and to protect the rights and interests of both the licensor and licensee.

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The licensing of the trademark allows the registered proprietor to let others use the mark without assigning the ownership of the mark. The proprietor can also put other limitations on the use of the mark through the terms that he puts into the licensing agreement.

25% Rule for Intellectual Property Patent or trademark owners use the 25% rule as a yardstick for defining a reasonable amount of royalty payments.

A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.

Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights.Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.

Step by step procedure to register a trademarkStep 1: To search for a trademark.Step 2: To file the trademark application.Step 3: Examination of the trademark application by the government authority.Step 4: Post- examination.Step 5: Advertisement of the trademark.Step 6: Opposition from the general public.More items...

The steps for making a license agreement are as follows:Download a template for a licensing agreement.Choose your role as the licensor or licensee.Define the license(s) in the agreement.Decide whether the license is exclusive or not.Settle the matter of fees and payment schedule.Add a renewal date and rules.More items...?

A trademark licensing agreement is a legal contract between a trademark owner and another party that have agreed to use the trademark on preapproved terms decided between the contracting parties.

Key Takeaways. A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.

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A few of the major industries that represent North Carolina's economy includeintellectual property agreements, trademarks, and partnership agreements. Each business must determine whether an exclusive licensing agreement is worth paying a premium price for, or whether it would be sufficient to obtain ...License to use such proprietary components of the service deliverables and otherof funds to the agency for the purpose set forth in The Contract.7 pages license to use such proprietary components of the service deliverables and otherof funds to the agency for the purpose set forth in The Contract. Business Planning Checklist · 1. Create a business plan. · 2. Decide on your business structure and register your business name. · 3. Get license requirements. · 4 ... WHEREAS, LICENSEE is licensed by AT&T or one of its subsidiaries, pursuant to a Software Agreement and Sublicensing Agreement, to create and distribute ... For the definitions of ?trademark licensing agreement? and ?trademarkBrand Distribs. of N. Wilkesboro, Inc., 206 S.E.2d 141 (N.C. 1974). Would be a trademark license, a business opportunity does not necessarily involvecan be read expansively to cover some of the representations and ...42 pages would be a trademark license, a business opportunity does not necessarily involvecan be read expansively to cover some of the representations and ... Successfully represented a group of physicians before the NC Business Court in a contract dispute with a large accountable care organization that attempted ... Commentary: License Agreements After Mission Productcompetition law cropped up as a means to fill gaps in protection left by trademark law's ...73 pages Commentary: License Agreements After Mission Productcompetition law cropped up as a means to fill gaps in protection left by trademark law's ... A minority of franchise acts use the ?license approach? to the trademarkwithin the meaning of the FTC Rule because, at most, the representations were ...

North Carolina Trademark License Representation Agreement

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