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Agreement Granting Exclusive License to Sell a Line of Apparel

Nassau New York Agreement Granting Exclusive License to Sell a Line of Apparel

Name: Nassau New York Agreement Granting Exclusive License to Sell a Line of Apparel
Brand: US Legal Forms
Rating: 4.88 (462 reviews)

Category:

Licenses - Apparel Sales

State:

Multi-State

County:

Nassau

Control #:

US-01556BG

Format:

Instant download

Description

One of the easiest and most common ways to exploit the value of a brand name is by licensing. In simple terms, a license is a grant of certain rights by the owner (the licensor) to someone else (the licensee) for a specified period of time. A license is different from an outright transfer of the rights because a license is usually for a limited period of time. At the end of that period the rights return to the licensor. A brand name may be licensed, such that a clothing company may license another company to use the well-known brand name on its clothing or a company like Disney may license the use of its name to promote another product.

This particular form is heavily in favor of licensee.

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How to fill out Nassau New York Agreement Granting Exclusive License To Sell A Line Of Apparel?

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FAQ

Simply expressed, a license gives the licensee access to the property without transferring ownership. Licensing allows fashion brands to grow, complement and reinforce their brands, expand into new areas, and improve their image.

Exclusive license allows a licensor to share intellectual property with a licensee for a specific period of time that usually binds the licensor to not share the property with anyone else.

A copyright exclusive license is one in which ownership in one or more rights is transferred by the copyright owner. A copyright nonexclusive license occurs when the owner retains ownership of the copyright and/or may license the same right to others.

A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.

In an exclusive license, only the licensee has the right to make use of the intellectual property. By contrast, in a sole license, the licensor agrees not to grant any additional licenses but retains the right to make use of the intellectual property.

The phrase sole and exclusive license, for example, is common yet contradictory. Sole, on the one hand, means only one person has the legal right to use the product. Exclusive, however, actually means only one other person has that right.

Sole, on the one hand, means only one person has the legal right to use the product. Exclusive, however, actually means only one other person has that right. The phrase sole and exclusive license certainly occurs in granting language.

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.

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.

The licensing contract explained The licensing contract typically entails a relationship between two parties: a licensor (the brand owner) and a licensee (the manufacturer). The license relates to the permission to use a trademark and style for production andor distribution of one or more product categories.

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Or does business in New York City, Nassau or Suffolk Counties. Other Things to Consider Before Heading Out.General Regulations. 1989 Louisiana Waterfowl Conservation Stamp Artist Agreement . Complete the National Law Enforcement Human Trafficking Survey.

Nassau New York Agreement Granting Exclusive License to Sell a Line of Apparel

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