Can you license the use of a trademark?

A trademark license agreement allows the licensee to use (but not own) the licensor's trademark in connection with agreed-on products or services.

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Trademark License Agreement for a Software Product in Educational...

Tarrant Texas Trademark License Agreement for a Software Product in Educational Market

Name: Tarrant Texas Trademark License Agreement for a Software Product in Educational Market
Brand: US Legal Forms
Rating: 4.78 (424 reviews)

Category:

Copyrights Patents and Trademarks - Licensing

State:

Multi-State

County:

Tarrant

Control #:

US-CP05A09AM

Format:

Instant download

Description

This sample form, a detailed Trademark License Agreement document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.

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The licensing of the trademark allows the registered proprietor to let others use the mark without assigning the ownership of the mark. The proprietor can also put other limitations on the use of the mark through the terms that he puts into the licensing agreement.

Trademark royalties are the payments a licensee makes to a licensor in exchange for the use of their trademark. Trademark royalty rates are usually a percentage of the revenue generated by the trademark, and ensure that both parties benefit fairly from the trademark licensing agreement.

When a patent is licensed, an agreement is made between the patent owner (or the licensor) and the person or company that wants to use and benefit from the patent (the licensee). It permits the licensee to make or sell the product, design, or technology in the patent.

The word trademark can refer to both trademarks and service marks. A trademark is used for goods, while a service mark is used for services.

In most cases, licensors prefer a royalty rate that falls within 25% to 75% range of the sublicensing income. Their stake usually amounts to more than half of all profits. In rare cases, the licensee can negotiate a rate split and apply their own royalty obligation to the sale of sub-licensed products.

A trademark license agreement allows the licensee to use (but not own) the licensor's trademark in connection with agreed-on products or services.

In trademark licensing, a trademark owner (Licensor) grants permission to another (Licensee) to use that trademark on mutually agreed terms and conditions. Trademark licensing was considered impossible at one time given that one of the functions of a trademark was to indicate source.

In a Trademark licence agreement the proprietor (Licensor) of a registered trademark gives authorization to another company (Licensee) to manufacture and distribute products under this trademark.

25% Rule for Intellectual Property Patent or trademark owners use the 25% rule as a yardstick for defining a reasonable amount of royalty payments.

What is a standard royalty contract? Usually, a royalty contract is signed when the licensor (innovator) wants to license the idea's intellectual property rights to a licensee to use the IP. It is a legally binding commitment, and it provides the licensee all such rights to use the licensor's intellectual property.

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Approve Feminine Product Dispensers for Secondary Schools. 25. 07 Modification of Agreement in the event of remedies.

08 Application of Article 8 on the basis of measures at national, regional and district level. 27. 09 Application of Article 8 (expatriates). 28. 10 Application of Article 8 (residents' rights). 29. 11 Amendments to Terms of Agreement in the event of defaults or breaches of the Agreement. 30. 12 Notification to Member States of any amendments, adaptations, cancellations or other modifications to the Agreement. 31. 13 Amendment to the Agreement (notification to those States at the request of the other Parties). 32. 14 Modification of the Agreement (notification to certain third countries and certain third-country nationals). 33. 15 Amendments to the Agreement in the event of a dispute with any Party and of application of Article 26. 34. 16 Amendments to the Agreement in the event of a dispute with one Party and of application of Article 26 (see paragraph 16 to the right to amendment). 35.

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Tarrant Texas Trademark License Agreement for a Software Product in Educational Market

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FAQ

What is the purpose of trademark licensing?

What is a trademark royalty?

How does licensing a patent work?

Is there a difference between a trademark and a service mark?

What is an acceptable royalty rate?

Can you license the use of a trademark?

Who owns the trademark product/service and licenses the trademark to another party?

What is trademark license agreement?

What is a reasonable royalty rate for a trademark?

What is a standard royalty contract?

Interesting Questions

What is a trademark license agreement?

Why do I need a trademark license agreement for my software product?

What does the Tarrant Trademark License Agreement entail?

Can I grant exclusive rights to use my software product's trademark through the Tarrant Trademark License Agreement?

What restrictions can I impose on the use of my software product's trademark?

What happens if someone violates the terms of the Tarrant Trademark License Agreement?

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