A Wisconsin License Agreement for Use of Trademark Regarding a Manufactured Product is a legally binding contract that outlines the terms and conditions under which a trademark owner allows another party to use their trademark on a manufactured product in the state of Wisconsin. This agreement ensures that both parties are clear on their rights and obligations regarding the use of the trademark. One type of Wisconsin License Agreement for Use of Trademark Regarding a Manufactured Product is an Exclusive License Agreement. This agreement grants the licensee exclusive rights to use the trademark on a manufactured product within a specific region or market segment. The trademark owner cannot grant the same rights to any other party during the term of the agreement. Another type is a Non-Exclusive License Agreement. In this case, the trademark owner grants the licensee non-exclusive rights to use the trademark on a manufactured product. The trademark owner has the right to grant the same rights to other parties simultaneously or in the future. The Wisconsin License Agreement for Use of Trademark Regarding a Manufactured Product typically includes key provisions such as: 1. Grant of License: Clearly states the trademark owner's authorization for the licensee to use the trademark on the manufactured product. 2. Term and Termination: Specifies the duration of the agreement and conditions under which it can be terminated by either party. 3. Quality Control: Outlines the quality standards the licensee must uphold to maintain the integrity of the trademark on the manufactured product. 4. Royalties and Payments: Specifies the financial obligations of the licensee, including royalties, licensing fees, or any other payments to the trademark owner. 5. Intellectual Property Protection: Outlines the methods and responsibilities for protecting the trademark and any associated copyrights or patents. 6. Indemnification and Liability: Specifies the responsibilities of each party for any claims, damages, or liabilities arising from the use of the trademark on the manufactured product. 7. Dispute Resolution: Provides a mechanism for resolving any conflicts or disputes that may arise during the term of the agreement, such as through negotiation, mediation, or arbitration. It is essential to consult with legal professionals well-versed in Wisconsin intellectual property law to draft or review a Wisconsin License Agreement for Use of Trademark Regarding a Manufactured Product accurately.