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Agreement to Sub-license Trademark for Use in a Restaurant Business

Miami-Dade Florida Agreement to Sub-license Trademark for Use in a Restaurant Business

Category:

Copyrights Patents and Trademarks - Assignments

State:

Multi-State

County:

Miami-Dade

Control #:

US-0440BG

Format:

Instant download

Description

This form is an agreement for sublicense of a trademark for use in a restaurant business.

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FAQ

The licensee is the party that receives a license, while the licensor is the party that grants the license.

The party providing the intellectual property is called the licensor while the party receiving the intellectual property is called the licensee. In a licensing agreement, the licensee typically pays an upfront fee in conjunction with a royalty fee.

Local Business Tax Receipt: All businesses operating within Miami-Dade County are required to obtain a Miami-Dade County Local Business Tax Receipt (formerly known as Occupational License). If your business is located within a municipality, you will need a Business Tax Receipt from the County and the municipality.

Some examples of licensees include individuals with a driver's license, individuals licensed to practice medicine, and an individual granted license by a landowner to store goods on the landowner's land. Licensees may enter into a contractual relationship with a licensor to receive a license.

What Is a Sub-Licence? When your licensee grants a third party the rights to use your IP, this party is known as a sub-licensee. As a licensor, you should review any potential sub-licence opportunities to ensure the sub-licensee is subject to the same terms and conditions of the licence you have with the licensee.

A licensee is any business, organization, or individual that has been granted legal permission by another entity to engage in an activity. The permission, or license, can be given on an express or implied basis.

Sublicense (plural sublicenses) (law) a license granted by a licensee to a third party, under the authority of the license originally granted by a licensor to the licensee.

Trademark licensing is the process wherein a registered proprietor of a trademark authorises a third party to use the mark in the course of trade without transferring the ownership of the mark.

Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.

Miami-Dade Florida Agreement to Sub-license Trademark for Use in a Restaurant Business

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