Nebraska Assignment of Trademark and Trade Dress in Connection with Asset Purchase

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Description

Trademarks identify the goods of one manufacturer from the goods of others. Trademarks are important business assets because they allow companies to establish their products' reputation without having to worry that an inferior product will diminish their reputation or profit by deceiving the consumer. Trademarks include words, names, symbols and logos. The intent of trademark law is to prevent consumer confusion about the origin of a product.

Trade dress is the total appearance of a product, including its packaging, label, shape, and size. Trade dress may also include physical structures associated with a particular product or service. Trade dress may qualify as a protected trademark or service mark if it is distinctive and identifies the source of a specific product or service.
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FAQ

Copyright assignments do not require notarization in Nebraska; however, notarizing the assignment can provide additional proof of the transaction and the parties' intentions. Having a notarized document may be particularly useful during copyright disputes or litigation. For a seamless process and legally sound documents, explore the resources available on the US Legal Forms platform.

Trademark assignments in Nebraska do not legally require notarization, yet notarizing the document may enhance its credibility and enforceability. A notarized assignment can help prevent future disputes regarding the authenticity of the signatures involved. To navigate the intricacies of trademark assignments, consider using US Legal Forms to access templates that can streamline the process.

To assign a trademark to another company in Nebraska, you will need to create a clear and legally binding assignment agreement that outlines the transfer of ownership. This agreement should identify the trademark, the assignor, and the assignee, and it should be signed by both parties. After signing, you should record the assignment with the United States Patent and Trademark Office to ensure public notice of the change in ownership.

ASSIGNABILITY OF REGISTERED OR UNREGISTERED TRADEMARK:- As per section 38 of the Act, a registered trademark can be transferred with or without the Goodwill of the business concerned either in respect of all the goods or services in respect of which the said trademark is registered or of some of the goods or service.

Assignment of a trademark occurs when the ownership of such mark as such, is transferred from one party to another whether along with or without the goodwill of the business. In case of a registered Trademark, such assignment is required to be recorded in the Register of trade marks.

What are the documents required for licensing a trademark assignment ? A valid identity proof of both parties, a copy of the assignment agreement and a filled form TM-P of Trademarks Act 1999 must be produced along with fee payment.

Elements Required for Valid Trademark Assignments Clearly identify the mark(s) covered by the agreement. Document the consideration for the agreement. Assign the trademark's goodwill to the assignee. Goodwill includes the connection the mark facilitates between the company and its customers.

If your trademark is state-registered, you must also record the transfer with the applicable state. The USPTO Patent and Trademark Database will be automatically updated for assignments as well as name changes and mergers.

Filing an application for trademark assignment in Form TM-24 or Form TM-23 (in case of joint request). Such an application can be filed by either the assignor or the assignee or both. Filing of Form TM-P. Filing of all the requisite documents relating to trademark assignment with the Registrar of the trademark.

The assignor must receive consideration for the agreement, otherwise the assignment will be ineffective. However, an absolute assignment does not require consideration to be given.

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Nebraska Assignment of Trademark and Trade Dress in Connection with Asset Purchase