A Virginia license agreement -- sublicense of trademark and domain names is a legal document that outlines the terms and conditions under which a party is permitted to use and sublicense specific trademarks and associated domain names in the state of Virginia. This agreement grants the sublicense the right to use these intellectual property assets for a specified period, subject to certain restrictions and obligations. Keywords: Virginia license agreement, sublicense, trademark, domain names, intellectual property, terms and conditions, party, use, specified period, restrictions, obligations. There are different types of Virginia license agreements -- sublicense of trademark and domain names, which may include: 1. Exclusive Sublicensing Agreement: This type of agreement grants the sublicense exclusive rights to use and sublicense the trademark and domain names within a particular market or geographical area in Virginia. It prevents the licensor from granting licenses to other parties. 2. Non-Exclusive Sublicensing Agreement: In this agreement, the sublicense is granted non-exclusive rights to use and sublicense the trademark and domain names. The licensor retains the right to grant licenses to other parties as well. 3. Limited Sublicensing Agreement: This type of agreement imposes certain limitations and restrictions on the sublicense's use and sublicensing rights. It may include restrictions on the duration, scope, territory, or specific purposes for which the trademark and domain names can be used. 4. Royalty-Based Sublicensing Agreement: Under this agreement, the sublicensing party agrees to pay the licensor a royalty fee or a percentage of the revenue generated through the sublicense of the trademark and domain names. 5. Non-Royalty-Based Sublicensing Agreement: This type of agreement does not require the sublicense to pay royalties to the licensor. Instead, the sublicense may have to fulfill other obligations, such as meeting quality standards or marketing requirements. 6. Renewal or Termination Agreement: This agreement specifies the conditions for renewing or terminating the sublicense. It may include provisions for automatic renewal, notice periods, or termination upon certain events. Please note that the specifics of these types of agreements may vary depending on the parties involved, the nature of the trademarks and domain names, and intended usage. It is essential to consult with legal professionals familiar with Virginia laws to draft a comprehensive and tailored agreement.
Virginia License Agreement -- Sublicense of Trademark and Domain Names
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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).
Licensing agreements are found in many different industries. An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
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.
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.
Most licensing agreements will be valid only for a certain length of time....Scope of the AgreementExclusivity.Territory Rights.Guarantees of Sales.
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.
Types of licensing agreement The unique feature of this type of agreement is that even the licensor is excluded to use or exploit the licensed property during the term of the agreement. Copyright, trademark and patent licenses are the best examples of an exclusive license agreement.
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 .
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.
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.