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North Dakota License Agreement -- Sublicense of Trademark and Domain Names

State:
Multi-State
Control #:
US-1016BG
Format:
Word; 
Rich Text
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Description

A license is a contractual right that gives someone permission to do a certain activity or to use certain property owned by someone else. A licensing agreement is an agreement between two enterprises allowing one to sell the other's property such as products or services and to use their name, sales literature, trademarks, copyrights, etc. in a limited manner. A sublicense agreement is an agreement by which the licensee (as sublicensor) grants to someone else (as sublicensee) some of the licensee's rights. Trademarks identify the goods of one manufacturer from the goods of others. Trademarks are important business assets because they allow companies to establish their products' reputation without having to worry that an inferior product will diminish their reputation or profit by deceiving the consumer. Trademarks include words, names, symbols and logos. The intent of trademark law is to prevent consumer confusion about the origin of a product. A domain name is an identification string that defines a realm of administrative autonomy, authority or control within the Internet. Domain names are formed by the rules and procedures of the Domain Name System (DNS). Any name registered in the DNS is a domain name. Domain names are used in various networking contexts and for application-specific naming and addressing purposes.

North Dakota License Agreement — Sublicense of Trademark and Domain Names is a legal document outlining the terms and conditions between the trademark owner or domain name holder (licensor) and a third-party licensee. This agreement grants the licensee the right to sub-license the use of the trademark and/or domain names within the state of North Dakota. Keywords: North Dakota, License Agreement, Sublicense, Trademark, Domain Names. Types of North Dakota License Agreement — Sublicense of Trademark and Domain Names: 1. Exclusive Sublicense Agreement: This type of agreement grants the licensee exclusive rights to sublicense and use the trademark and/or domain names within the designated area of North Dakota. No other third party can be granted a sublicense in the same region. 2. Non-Exclusive Sublicense Agreement: This agreement allows the licensee to sublicense and use the trademark and/or domain names within North Dakota, while the licensor retains the ability to grant sublicenses to other parties in the same region. 3. Limited Sublicense Agreement: A limited sublicense agreement defines specific restrictions on the licensee's use of the trademark and/or domain names within North Dakota. These restrictions can include limitations on the duration, purpose, and geographical area of use. 4. Non-Transferable Sublicense Agreement: This type of agreement explicitly prohibits the licensee from transferring or assigning their sublicense rights to any other party. The sublicense can only be used by the original licensee. 5. Perpetual Sublicense Agreement: A perpetual sublicense agreement grants the licensee the right to sublicense and use the trademark and/or domain names in North Dakota indefinitely, without any expiration date. However, certain conditions specified in the agreement may still apply. 6. Royalty-Based Sublicense Agreement: In a royalty-based sublicense agreement, the licensee is required to pay a predetermined percentage or amount as royalties to the licensor for the use of the trademark and/or domain names within North Dakota. The agreement will detail the payment terms and how royalties are calculated. It is important to consult with a legal professional when drafting or entering into a North Dakota License Agreement — Sublicense of Trademark and Domain Names, as the terms and conditions can be customized according to the specific needs and requirements of the parties involved.

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How to fill out North Dakota License Agreement -- Sublicense Of Trademark And Domain Names?

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FAQ

When trademark law protects a domain name, the owner has the right to prohibit the use of similar names or misspelled names by others.

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.

Domain name trademarks protect against infringements on your domain name. Trademarks are essential for online businesses. They should be used for branded domain names.

Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.

Yes, domain names can also be registered and protected as trademarks or service marks at the national and international levels, provided that the domain names do satisfy all conditions to be duly registered and protected like the trademark and service marks.

Anyone can buy a domain name. To do so, you visit a domain name registrar, such as A2, GoDaddy, or Namecheap, key in the domain you want to buy, and pay a fee. You can't buy just any domain, of courseonly one that isn't already registered by another person or business and that bears a valid domain suffix.

A mark comprised of a domain name may be registered as a trademark or service mark in the U.S. Patent and Trademark Office. However, just like any other mark, the domain name is registrable only if it functions to identify the particular source of goods or services offered.

Suing Under the ACPAThe Anticybersquatting Consumer Protection Act (ACPA) authorizes a trademark owner to sue an alleged cybersquatter in federal court and obtain a court order transferring the domain name back to the trademark owner. In some cases, the cybersquatter must pay money damages.

Licensing, in lieu of selling, an Internet domain name generally allows the domain name owner to reserve certain rights. This reservation of rights will facilitate the future use of a domain name by an Internet domain name owner, in the event that the e-business using the domain name encounters difficulties.

A domain name cannot be protected as a trademark merely because it is your address on the Internet. In addition to using the name in commerce, it must be used in a way that distinguishes your goods or services from those of others. Distinctiveness is key.

More info

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North Dakota License Agreement -- Sublicense of Trademark and Domain Names