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Obtaining a Trade Name or DBA If you wish to establish a Washington DC DBA or trade name, you must register your trade name with the Washington DC Department of Consumer and Regulatory Affairs and pay a filing fee of $55.
An example of a licensing agreement in the restaurant space would be when a McDonald's franchisee has a licensing agreement with the McDonald's Corporation that lets them use the company's branding and marketing materials.
3. Trademark license agreement instructions Introduction of Parties. ... Recitals. ... Section 1: Grant of license. ... Section 2: No assignment or transfer. ... (Optional) Section 3: Territory. ... Section 4: Consideration. ... Section 5: Maintenance of records and audit rights. ... Section 6: Term.
The steps for making a license agreement are as follows: Download a template for a licensing agreement. Choose your role as the licensor or licensee. Define the license(s) in the agreement. Decide whether the license is exclusive or not. Settle the matter of fees and payment schedule. Add a renewal date and rules.
What is Trademark Licensing? Examples of trademark licensing include a sports team that licenses its logo to third-party merchandisers, a popular cartoon character used on clothing produced by third parties, or a soft drink company allowing a licensee to sell branded products.
Your trademark license agreement should be written, include negotiated terms and provisions, and be signed by all parties. To be valid, your agreement must address and include each of the following provisions: Parties: identification of the licensor and licensee (full, legal names)
You can register a trade name via CorpOnline by creating a profile to access the online services main page (use latest version of Internet Explorer or Chrome, Firefox, Safari) and proceed. Online filers must pay by using a credit card. Once a filing is submitted, print the confirmation page for your records.
A Washington DC DBA is any name used to identify a business other than its legal business name. In Washington DC, DBAs are referred to as trade names, and you're legally required to register any trade name you use with the district.