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 The sublicensed rights can be abruptly withdrawn, and the licensee must cease using the trademark and domain name immediately. 5.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
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FAQ
Most licensing agreements will be valid only for a certain length of time....Scope of the AgreementExclusivity.Territory Rights.Guarantees of Sales.
A domain license is a license that is given for a domain (@example.com) instead of for an individual user (user@example.com). Domain licenses (also called volume licenses) allow your organization to purchase licenses for all your users.
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.
Licensing a domain name requires a license agreement and can be grouped into two distinct categories, based on the importance of the domain names and the manner in which the trademarks are exploited.
Virtually every type of license agreement includes some form of initial payment and ongoing royalty to the licensor. Royalty formulas vary widely, however. They may be based on gross sales, net sales, net profits, fixed sum per product sold, or a minimum payment to be made to the licensor over a given period of time.
Under U.S. law 15 § U.S.C. 1129, it is unlawful to register a domain name that consists of, or is similar to, the name of another living person without their consent (note there are few exceptions).
Types of Trade LicensesExclusive License: The licensee gains sole commercial rights to the trademark.Sole license: The licensee and licensor can use the trademark.Non-exclusive license: The licensee, licensor, and any outside individuals the licensor also assigns a license to can use the trademark.
While it's not possible to permanently buy a domain, there are leases for indefinite lengths. The reason for this lies in how domain registration works. Domains such as .com, . net and .
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.
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.