Ohio Merchandising License Agreement

Q: How do I sell my NCAA licensed products?

What You&#039;ll Need to Obtain a CLC Local License$100 non-refundable application fee.Completed application.Institutional fees vary between $250 and $5,000+FLA (Fair Labor Association) fees vary greatly.Credit report.Factory/Supplier information form.Product samples.Label samples.More items...?

Q: Is the OSU logo copyrighted?

Use OSU&#039;s trademarksOklahoma State University has registered the names, logos, and trademarks of the university with the Patent and Trademark Office of the United States as well as the Oklahoma Secretary of State.

Q: How much does Ohio State make in merchandise sales?

Ohio State&#039;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.

Q: Are the words Ohio State copyrighted?

Ohio State University has failed to trademark the word &quot;the,&quot; with the U.S. Patent and Trademark Office on Wednesday, turning down its application to claim the three-letter definite article as its own.

Category:

Contracts - Merchandise

State:

Multi-State

Control #:

US-1031BG

Format:

Instant download

Description

A merchandise license agreement describes the terms through which the owner of intellectual property, notably in the form of a trademark, service mark or copyright, grants a party, called the licensee, the right to use the property for distribution, marketing, and sale. These agreements can vary in length and complexity and can be as broad or as limiting as the owner of the property desires. Among the issues addressed in a merchandising license agreement are the types of rights allowed, what products the license covers, the duration of the agreement, and compensation and payment terms. In most cases, the owner of the merchandise, identified in an agreement as the licensor, receives an advance payment at the time the agreement is signed and royalty payments based on a percentage of merchandise sales throughout the period the agreement is in effect. The agreement also addresses the obligations of the licensee. In addition to payment terms, these can include responsibility to make a good faith effort to sell the licensed products. Should the licensee fail to meet their obligations, the licensor has the right to terminate the agreement. This action is typically avoided at all costs, however, since the termination of a merchandising license agreement can result in a loss of income and missed opportunities to capitalize on the property by the licensor, and the waste of an often-substantial investment by the licensee.

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FAQ

The NCAA must grant approval before the use of any NCAA trademark or logo. The NCAA must grant approval before the use of any NCAA trademark or logo.

What You'll Need to Obtain a CLC Local License$100 non-refundable application fee.Completed application.Institutional fees vary between $250 and $5,000+FLA (Fair Labor Association) fees vary greatly.Credit report.Factory/Supplier information form.Product samples.Label samples.More items...?

Use OSU's trademarksOklahoma State University has registered the names, logos, and trademarks of the university with the Patent and Trademark Office of the United States as well as the Oklahoma Secretary of State.

A product (or merchandise) license allows licensees to leverage popular IP to create branded products, usually for a specific period of time. Once the rights have been secured, the licensee manufactures product using the licensed IP, and in return pays the licensor a royalty for its use.

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.

The use of Buckeye in the name is permitted. Keep in mind that any student organization, or club team, is prohibited from using the University seal and Athletic Logo or logos on letterheads, business cards or other identifying materials.

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.

Ohio State reportedly asked Overtime in July to stop using the logo, claiming it was too similar to its own trademarked block O. In response, Overtime filed a lawsuit in New York City, where the company is based, to request that the school be prohibited from attempting to stop Overtime from using its logo.

You do not need a license of any kind from the NFL to sell NFL products at retail. This holds whether you are a bricks and mortar retailer, or an e-tailer, or both. All you need is to find NFL licensees (or distributors see below) willing to sell their products to you.

The general rule is that the University name cannot precede the name of the organization. Also, the University is not to be identified by an abbreviation of its name, such as OSU. The correct identification is by the full name, The Ohio State University, or simply Ohio State.