Oklahoma License Agreement -- Sublicense of Trademark and Domain Names

• Category: Contracts - Licensing
• State: Multi-State
• Control #: US-1016BG
• Format: Word; Rich Text

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. Oklahoma License Agreement -- Sublicense of Trademark and Domain Names is a legal document that outlines the terms and conditions under which a trademark or domain name can be sublicensed in the state of Oklahoma. This agreement specifically deals with the transfer of rights to use the trademark and domain name from the original owner (licensor) to a third party (licensee) for the purpose of operating a business or providing services. Keywords: Oklahoma, License Agreement, Sublicense, Trademark, Domain Names, terms and conditions, transfer of rights, original owner, third party, operate a business, provide services. There are several types of Oklahoma License Agreements related to the sublicensing of trademarks and domain names. Here are some notable variations: 1. Exclusive Sublicense Agreement: This type of agreement grants the licensee exclusive rights to use the trademark and domain name within a specific geographic area or industry sector. The licensor agrees not to grant sublicenses to any other party within the designated territory. 2. Non-Exclusive Sublicense Agreement: In this agreement, the licensee is granted non-exclusive rights to use the trademark and domain name. The licensor reserves the right to sublicense the same assets to other parties simultaneously or in the future. 3. Limited Term Sublicense Agreement: This variation of the agreement defines a specific period during which the licensee can use the trademark and domain name. After the agreed-upon term expires, the sublicense will automatically terminate unless renewed by both parties. 4. Revocable Sublicense Agreement: This agreement allows the licensor to terminate the sublicense at any time, for any reason, by providing written notice to the licensee. The sublicensed rights can be abruptly withdrawn, and the licensee must cease using the trademark and domain name immediately. 5. Irrevocable Sublicense Agreement: In contrast to the revocable sublicense, this type of agreement grants the licensee permanent rights to use the trademark and domain name. The licensor cannot terminate the sublicense unilaterally, ensuring long-term security for the licensee. It is essential to consult with legal professionals experienced in Oklahoma law to ensure that the specific license agreement conforms to legal requirements and protects the rights and interests of both parties involved.

Oklahoma License Agreement -- Sublicense of Trademark and Domain Names is a legal document that outlines the terms and conditions under which a trademark or domain name can be sublicensed in the state of Oklahoma. This agreement specifically deals with the transfer of rights to use the trademark and domain name from the original owner (licensor) to a third party (licensee) for the purpose of operating a business or providing services. Keywords: Oklahoma, License Agreement, Sublicense, Trademark, Domain Names, terms and conditions, transfer of rights, original owner, third party, operate a business, provide services. There are several types of Oklahoma License Agreements related to the sublicensing of trademarks and domain names. Here are some notable variations: 1. Exclusive Sublicense Agreement: This type of agreement grants the licensee exclusive rights to use the trademark and domain name within a specific geographic area or industry sector. The licensor agrees not to grant sublicenses to any other party within the designated territory. 2. Non-Exclusive Sublicense Agreement: In this agreement, the licensee is granted non-exclusive rights to use the trademark and domain name. The licensor reserves the right to sublicense the same assets to other parties simultaneously or in the future. 3. Limited Term Sublicense Agreement: This variation of the agreement defines a specific period during which the licensee can use the trademark and domain name. After the agreed-upon term expires, the sublicense will automatically terminate unless renewed by both parties. 4. Revocable Sublicense Agreement: This agreement allows the licensor to terminate the sublicense at any time, for any reason, by providing written notice to the licensee. The sublicensed rights can be abruptly withdrawn, and the licensee must cease using the trademark and domain name immediately. 5. Irrevocable Sublicense Agreement: In contrast to the revocable sublicense, this type of agreement grants the licensee permanent rights to use the trademark and domain name. The licensor cannot terminate the sublicense unilaterally, ensuring long-term security for the licensee. It is essential to consult with legal professionals experienced in Oklahoma law to ensure that the specific license agreement conforms to legal requirements and protects the rights and interests of both parties involved.