What is the difference between trademarks and licenses?

A licensed mark is a trademark that a franchisee, or other licensee, has obtained the right to display for a certain period of time. The licensee doesn't own the trademark, but the trademark owner has granted him the right to display the trademark for a limited time, and subject to certain conditions.

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Trademark License Agreement for use in Educational Market

Bronx New York Trademark License Agreement for use in Educational Market

Name: Bronx New York Trademark License Agreement for use in Educational Market
Brand: US Legal Forms
Rating: 4.76 (203 reviews)

Category:

Copyrights Patents and Trademarks - Licensing

State:

Multi-State

County:

Bronx

Control #:

US-L0420AM

Format:

Instant download

Description

This sample form, a detailed Trademark License Agreement for use in Educational Market document, is adaptable for use with entertainment, new products, intellectual property/multimedia business and other related areas. Tailor to fit your circumstances. Available in Word format.

How to fill out Bronx New York Trademark License Agreement For Use In Educational Market?

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FAQ

A licensed mark is a trademark that a franchisee, or other licensee, has obtained the right to display for a certain period of time. The licensee doesn't own the trademark, but the trademark owner has granted him the right to display the trademark for a limited time, and subject to certain conditions.

A trademark license is typically accomplished through a contract, like the written agreement form that follows. After the parties have negotiated and signed their agreement, the document should be recorded with the U.S. Patent and Trademark Office (USPTO).

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

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.

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.

Step by step procedure to register a trademark Step 1: To search for a trademark.Step 2: To file the trademark application.Step 3: Examination of the trademark application by the government authority.Step 4: Post- examination.Step 5: Advertisement of the trademark.Step 6: Opposition from the general public.

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.

The advantage of licensing your trademark is that you retain the potential for future income, both in your own use and development of the mark and in royalties received from your licensees. However, such income is by no means certain, and your opportunities are paralleled by risk.

A trademark is licensed by way of a License Agreement, as per the Trade Mark Act, 1999, contrary to the requirement in case of Assignment, the registration of license agreement with the Trademark Registrar of a trade mark is voluntary and not compulsory.

A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.

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Bronx New York Trademark License Agreement for use in Educational Market

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