What This Trademark License Agreement Template Covers

The trademark license agreement template is designed to facilitate the legal licensing of a trademark from one party (the Licensor) to another (the Licensee). This template includes essential clauses such as the Grant of License, which specifies the rights being transferred, and the Royalties and Payments section, detailing the financial arrangements. Additionally, it outlines the Obligations of Licensee to ensure proper trademark usage and includes Indemnification provisions to protect both parties from legal claims. The Termination clause provides clear conditions under which the agreement can be ended.

When to Use a Trademark Licensing Agreement

This trademark license agreement template is ideal for businesses and individuals looking to monetize their trademarks or allow others to use their brand in products or services. For instance, a small business may want to license its logo to a manufacturer, or an individual may wish to allow a company to use their trademark in a new product line. This agreement ensures that all parties understand their rights and responsibilities, minimizing the risk of disputes.

What's Included in This Trademark License Agreement Template

• Parties: Clearly identifies the Licensor and Licensee, including their names and addresses.
• Grant of License: Specifies the scope and limitations of the trademark use being granted.
• Royalties and Payments: Details the financial arrangements, including how and when royalties will be paid.
• Obligations of Licensee: Outlines the responsibilities of the Licensee regarding trademark usage to maintain brand integrity.
• Indemnification: Provides protection for both parties against legal claims arising from the use of the trademark.
• Termination: Defines the conditions under which the agreement may be terminated by either party.

Key Trademark License Agreement Provisions

• Royalties and Payments: This section is crucial as it ensures the Licensor receives fair compensation for the use of their trademark.
• Grant of License: Clearly defining the scope of the license prevents unauthorized use and protects the trademark's value.
• Obligations of Licensee: Ensuring that the Licensee adheres to specific standards helps maintain the trademark's reputation.
• Termination: Having clear termination conditions allows either party to exit the agreement without ambiguity.

Disclaimer: This template is for informational purposes only and does not constitute legal advice.