A Washington License Agreement -- Sublicense of Trademark and Domain Names is a legally binding contract that permits the authorized use of a trademark and associated domain names by a third party, referred to as the sublicense, within the state of Washington. This document outlines the terms and conditions for obtaining the sublicense, including rights, restrictions, and obligations of both the trademark owner and the sublicense. Keywords: Washington License Agreement, Sublicense, Trademark, Domain Names, legally binding contract, authorized use, third party, sublicense, terms and conditions, rights, restrictions, obligations. Types of Washington License Agreement -- Sublicense of Trademark and Domain Names: 1. Exclusive License Agreement: This type of sublicense grants the sublicense exclusive rights to use the trademark and associated domain names within the specified geographical area of Washington. It prohibits the trademark owner from granting licenses to other parties in the same area. Keywords: Exclusive License Agreement, exclusive rights, specified geographical area, prohibits other licenses. 2. Non-Exclusive License Agreement: In this variant, the sublicense is granted non-exclusive rights to use the trademark and associated domain names. The trademark owner retains the freedom to grant multiple licenses to other parties in Washington. Keywords: Non-Exclusive License Agreement, non-exclusive rights, multiple licenses. 3. Limited License Agreement: A limited license agreement imposes restrictions on the extent and duration of the sublicense's use of the trademark and associated domain names. This type of agreement is often employed when the trademark owner wants to maintain tight control over the sublicensed assets. Keywords: Limited License Agreement, restrictions, extent, duration, tight control. 4. Revocable License Agreement: This type of sublicense agreement allows the trademark owner to revoke or terminate the sublicense at any time, typically with prior notice, if the sublicense breaches the terms stated in the agreement. Keywords: Revocable License Agreement, revoke, terminate, prior notice, breach. 5. Irrevocable License Agreement: Conversely, the irrevocable license agreement ensures that sublicense rights cannot be revoked or terminated by the trademark owner once granted. However, certain conditions may still apply, such as fulfilling financial obligations or adhering to specific performance criteria. Keywords: Irrevocable License Agreement, cannot be revoked, cannot be terminated, financial obligations, performance criteria. It is important to note that these types of Washington License Agreement -- Sublicense of Trademark and Domain Names may vary in content and specific terms, depending on the preferences and requirements of the trademark owner and the sublicense involved.
Washington 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.
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.
It's lawful to use another's trademark as part of a domain name so long as the trademark is used only to refer to the trademark owner or its branded product or service in a way that does NOT cause consumers to likely falsely believe that the trademark owner owns the website located at that domain.
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 .
Examples of licenses include a company using the design of a popular character, e.g. Mickey Mouse, on their products. Another example would be a clothing manufacturer like Life is Good licensing its designs and brand in a certain country to a local company.
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 licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
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.
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.
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.