Ohio Merchandise License Agreement is a legal contract that grants permissions and defines the terms under which an individual or a business entity can produce, distribute, or sell merchandise bearing certain trademarks, logos, or other intellectual property owned by another party in the state of Ohio. This agreement allows the licensee to use the licensed intellectual property for various promotional, advertising, and merchandising purposes, while ensuring that the licensor maintains control over the use and quality of their intellectual property. The Ohio Merchandise License Agreement outlines the rights and obligations of both the licensor and licensee, including the scope of the license, permitted uses of the intellectual property, royalty payments, quality control provisions, duration of the agreement, and any restrictions or limitations imposed on the licensee's activities. It serves as a legally binding document that protects the interests and rights of both parties involved and provides a framework for their business relationship. Some important keywords relevant to Ohio Merchandise License Agreement include: 1. Licensee: The individual or business entity obtaining the license to use the intellectual property on merchandise. 2. Licensor: The owner or holder of the intellectual property who grants the license to the licensee. 3. Intellectual property: Trademarks, logos, copyrights, trade secrets, or any other intangible creations that are legally protectable. 4. Scope: The specific rights and limitations of use granted by the licensor to the licensee. 5. Royalty: Financial compensation or percentage of sales paid by the licensee to the licensor in exchange for the right to use the intellectual property. 6. Permitted uses: The authorized purposes for which the licensed intellectual property can be used, such as manufacturing, distributing, and selling merchandise. 7. Quality control: Provisions that require the licensee to maintain certain quality standards and ensure the proper use of the intellectual property. 8. Duration: The length of time for which the license is granted, including any renewal options or termination clauses. 9. Restrictions: Any limitations or conditions imposed by the licensor on the licensee's activities, including geographic restrictions or restrictions on product types. 10. Business relationship: The legal and commercial partnership between the licensor and licensee, as defined by the agreement. There may be different types of Ohio Merchandise License Agreements depending on the nature of the intellectual property being licensed, such as trademark license agreements, logo license agreements, copyright license agreements, or a combination thereof. Each type of agreement may have specific provisions tailored to the nature of the intellectual property being licensed and the requirements of the parties involved.
Ohio Merchandise License Agreement
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FAQ
Ohio State owns numerous trademarks for its names, logos, and slogans used in connection with its athletic teams, including the Block O design, THE OHIO STATE UNIVERSITY, BUCKEYES, OSU, O-H-I-O and Brutus.
The is the most commonly used word in the English language, according to the Oxford English Corpus, and Ohio State is continuing its fight to trademark it. The United States Patent and Trademark Office refused Ohio State's attempt to trademark the word The Sept.
The Registered Marks of the University Registered marks include but are not limited to: Ohio State University, Ohio State, Buckeyes, Ohio State Buckeyes, Go Bucks, Brutus the Buckeye, the Block O, the institutional logo, the University seal, Brutus Buckeye and the Athletic Logo.
Ohio State's trademarks are among the most popular collegiate emblems nationwide. To date, the Licensing Program has generated over $130 million in royalty revenue from approximately $1.3 billion in licensed retail sales.
Registered marks include but are not limited to: Ohio State University, Ohio State, Buckeyes, Ohio State Buckeyes, Go Bucks, Brutus the Buckeye, the Block O, the institutional logo, the University seal, Brutus Buckeye and the Athletic Logo.
In 2019, the U.S. Patent and Trademark Office turned down Ohio State's request to trademark the word in conjunction with the university's name on items marketed for sale such as T-shirts, baseball caps and hats. Ohio State's application for the trademark came after Jacobs sought to do the same.
Ohio State University has failed to trademark the word "the," with the U.S. Patent and Trademark Office on Wednesday, turning down its application to claim the three-letter definite article as its own.
The Ohio State University is trying to prevent Overtime Sports Inc. from using its letter O because the school thinks it's too close to its trademarked Block O. Oh no: A New York-based sports network has turned to the federal courts in its trademark dispute with Ohio State University over use of the letter O.