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Agreement Granting Exclusive License to Sell a Line of Apparel with...

Riverside California Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product

Name: Riverside California Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product
Brand: US Legal Forms
Rating: 4.81 (449 reviews)

Category:

Licenses - Apparel Sales

State:

Multi-State

County:

Riverside

Control #:

US-01986BG

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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FAQ

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.

Examples of licenses include a company using the design of a popular character, e.g. Mickey Mouse, on their products. Another example would be a clothing manufacturer like Life is Good licensing its designs and brand in a certain country to a local company.

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.

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.

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.

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.

Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights. Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.

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.

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.

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Approval of Agreement Between RCHCA and A.B. Landscape for Weed Abatement. Riverside is an established, historic town sitting along the Rancocas Creek in Burlington County,.

Riverside California Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product

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What is the Riverside Agreement Granting Exclusive License to Sell a Line of Apparel with Reservation of Right by Licensor to Sell Licensed Product609042?

Who is granted the exclusive license to sell the line of apparel?

What does it mean to have an exclusive license?

What does it mean for the licensor to reserve the right to sell the licensed product themselves?

Why would a licensor reserve the right to sell the product despite granting an exclusive license?

Can the licensee stop the licensor from selling the licensed product?

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