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.
Wisconsin License Agreement -- Sublicense of Trademark and Domain Names
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FAQ
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.
When trademark law protects a domain name, the owner has the right to prohibit the use of similar names or misspelled names by others.
In a Trademark licence agreement the proprietor (Licensor) of a registered trademark gives authorization to another company (Licensee) to manufacture and distribute products under this trademark.
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.
The licensing of the trademark allows the registered proprietor to let others use the mark without assigning the ownership of the mark. The proprietor can also put other limitations on the use of the mark through the terms that he puts into the licensing agreement.
A trademark license agreement allows the licensee to use (but not own) the licensor's trademark in connection with agreed-on products or services. Licensing can help a company expand into new markets effectively and easily while lending the licensee an established name and reputation.
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.
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. Distinctiveness is key.
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.