Travis Texas License Agreement with regard to use of Trademark in Connection with a Manufactured Product is a legal document that outlines the terms and conditions under which an individual or company can use the trademark owned by Travis Texas in association with the manufacturing and sale of a product. It serves as an agreement between the trademark owner (Travis Texas) and the licensee (individual or company) ensuring proper usage and protection of the trademark. The Travis Texas License Agreement ensures that the licensee has the right to use the trademark in relation to a specific manufactured product, subject to certain restrictions and obligations. It outlines the scope of usage, duration of the agreement, and any quality control measures to be maintained by the licensee. The agreement also includes provisions related to financial arrangements, royalties, and any potential termination clauses. Different types of Travis Texas License Agreements regarding the use of trademark in connection with a manufactured product may include: 1. Exclusive License Agreement: This agreement grants the licensee exclusive rights to use the Travis Texas trademark solely for the specified manufactured product. The trademark owner will not grant any other licenses to third parties for the same product, ensuring exclusivity to the licensee. 2. Non-Exclusive License Agreement: In this type of agreement, the trademark owner grants the licensee permission to use the Travis Texas trademark in connection with the manufactured product. However, the trademark owner can still grant licenses to other parties, allowing for multiple users of the trademark. 3. Limited License Agreement: This agreement imposes restrictions on the licensee's use of the trademark. It may specify limitations on product types, geographical regions, or usage within a particular industry. The licensee is bound to adhere to these limitations while utilizing the Travis Texas trademark. 4. Sub-License Agreement: Sometimes, the licensee may be granted the right to sublicense the trademark to other manufacturers or distributors. This agreement outlines the terms and conditions under which the licensee can sublicense the trademark without breaching the original license agreement with Travis Texas. In conclusion, the Travis Texas License Agreement with regard to the use of a trademark in connection with a manufactured product establishes the rights and responsibilities of both the trademark owner (Travis Texas) and the licensee. It ensures proper usage, protection, and control of the trademark while promoting a mutually beneficial business relationship. Different types of license agreements may vary in terms of exclusivity, restrictions, and sublicensing permissions.