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Agreement Granting Exclusive License to Sell a Line of Apparel

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

Name: Suffolk 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:

Suffolk

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 Suffolk New York Agreement Granting Exclusive License To Sell A Line Of Apparel?

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FAQ

exclusive IP licence allows you to licence your IP to several parties, but continue to use your IP without limitations. This means you can continue to use your IP and generate further revenue.

Brand licenses are agreements that fall under legal protection, allowing a third party to lease a name, likeness, or brand from another business entity or individual. This agreement is a contract that permits the use of a product or idea that is protected under U.S. trademark laws.

In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.

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 license agreement is a business contract between two parties. The licensor (the seller of the license) owns the asset being licensed and the licensee (the buyer) pays for the right to use the license. The licensee pays the owner in exchange for the right to sell the product or use the technology.

How to decide between types of licensing agreements Patent Licensing. Patents cover science and innovation.Trademark Licensing. Trademarks are signifiers of commercial source, namely, brand names and logos or slogans.Copyright Licensing.Trade Secret Licensing.Exclusive.Non-exclusive.Sole.Perpetual.

The licensing agreement should explain what the licensee can do with the license. It should say whether the license is exclusive or not. It should also discuss whether the licensor gets to use the license or cedes all rights to the licensee.

Examples of Licensing Agreements 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.

Through a brand licensing agreement, the owner of a brand (trademark)- the licensor- can allow third parties- the licensees- to use their trademark on pre-defined products under certain conditions in return for a royalty payment.

An example of a brand licensing agreement includes Reese's, who knew the large market for peanut-based chocolates, but instead of trying to create the products themselves, they licensed their brand to other manufacturers. They gave the license agreement to Betty Crocker, who had experience and expertise in the field.

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In some states, you can fill out a Section 8 application online. Or does business in New York City, Nassau or Suffolk Counties.Payments processing—in a single, integrated point-of-sale system.

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

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