Wisconsin 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. The Wisconsin License Agreement — Sublicense of Trademark and Domain Names is a legal document that establishes the terms and conditions for licensing and sublicensing the use of trademarked assets and associated domain names within the state of Wisconsin. This agreement typically includes specific provisions that regulate the use, transfer, and protection of these valuable intellectual property rights. Keywords: Wisconsin, License Agreement, Sublicense, Trademark, Domain Names The Wisconsin License Agreement — Sublicense of Trademark and Domain Names comes in different types, such as: 1. Exclusive Sublicense Agreement: This type of agreement gives the sublicense exclusive rights to use the trademark and associated domain names within a specific region or industry, prohibiting the licensor from granting similar sublicenses. 2. Non-Exclusive Sublicense Agreement: In this type of agreement, the licensor can grant sublicenses to multiple sublicenses simultaneously, allowing broader use of the trademark and domain names. 3. Master Sublicense Agreement: This agreement serves as a framework for future sublicensing transactions. It establishes the terms and conditions that govern the relationship between the licensor and multiple sublicenses who may be granted rights to use the trademark and domain names at different times and in various ways. 4. Limited Sublicense Agreement: This type of agreement imposes restrictions and limitations on the sublicense's use of the trademark and domain names. It may define specific territories, timeframes, or guidelines for usage, ensuring compliance with the licensor's objectives and brand standards. 5. Revenue-Sharing Sublicense Agreement: This agreement outlines the terms and conditions for sharing the revenue generated from the sublicense's use of the trademark and domain names. It establishes the payment structure, accounting methods, and any applicable royalties or fees. 6. Renewal or Termination Agreement: This type of agreement addresses the renewal or termination of the sublicense, specifying the conditions, notice periods, and procedures to be followed at the end of the initial sublicense term or subsequent renewal periods. 7. Assignment of Sublicense Agreement: This agreement allows the sublicense to transfer or assign the sublicense to another party, subject to the licensor's approval and compliance with certain conditions outlined in the agreement. In a Wisconsin License Agreement — Sublicense of Trademark and Domain Names, it is crucial to outline obligations, restrictions, representations, warranties, indemnities, and dispute resolution procedures to safeguard both the licensor and sublicense's rights. Additionally, provisions regarding the duration of the sublicense, termination, applicable law, and jurisdiction should also be included. Note: It is important to consult legal professionals or specialized attorneys to ensure the content and provisions within the agreement align with specific Wisconsin state laws and regulations.

The Wisconsin License Agreement — Sublicense of Trademark and Domain Names is a legal document that establishes the terms and conditions for licensing and sublicensing the use of trademarked assets and associated domain names within the state of Wisconsin. This agreement typically includes specific provisions that regulate the use, transfer, and protection of these valuable intellectual property rights. Keywords: Wisconsin, License Agreement, Sublicense, Trademark, Domain Names The Wisconsin License Agreement — Sublicense of Trademark and Domain Names comes in different types, such as: 1. Exclusive Sublicense Agreement: This type of agreement gives the sublicense exclusive rights to use the trademark and associated domain names within a specific region or industry, prohibiting the licensor from granting similar sublicenses. 2. Non-Exclusive Sublicense Agreement: In this type of agreement, the licensor can grant sublicenses to multiple sublicenses simultaneously, allowing broader use of the trademark and domain names. 3. Master Sublicense Agreement: This agreement serves as a framework for future sublicensing transactions. It establishes the terms and conditions that govern the relationship between the licensor and multiple sublicenses who may be granted rights to use the trademark and domain names at different times and in various ways. 4. Limited Sublicense Agreement: This type of agreement imposes restrictions and limitations on the sublicense's use of the trademark and domain names. It may define specific territories, timeframes, or guidelines for usage, ensuring compliance with the licensor's objectives and brand standards. 5. Revenue-Sharing Sublicense Agreement: This agreement outlines the terms and conditions for sharing the revenue generated from the sublicense's use of the trademark and domain names. It establishes the payment structure, accounting methods, and any applicable royalties or fees. 6. Renewal or Termination Agreement: This type of agreement addresses the renewal or termination of the sublicense, specifying the conditions, notice periods, and procedures to be followed at the end of the initial sublicense term or subsequent renewal periods. 7. Assignment of Sublicense Agreement: This agreement allows the sublicense to transfer or assign the sublicense to another party, subject to the licensor's approval and compliance with certain conditions outlined in the agreement. In a Wisconsin License Agreement — Sublicense of Trademark and Domain Names, it is crucial to outline obligations, restrictions, representations, warranties, indemnities, and dispute resolution procedures to safeguard both the licensor and sublicense's rights. Additionally, provisions regarding the duration of the sublicense, termination, applicable law, and jurisdiction should also be included. Note: It is important to consult legal professionals or specialized attorneys to ensure the content and provisions within the agreement align with specific Wisconsin state laws and regulations.