Oklahoma License of Trade Name and Trademark with Option to Purchase

State:
Multi-State
Control #:
US-01926BG
Format:
Word
Instant download

Description

A trade name, also known as a business name, is the name which a business trades under for commercial purposes, although its registered, legal name, used for contracts and other formal situations, may be another. A logo is name, symbol, or trademark designed for easy and definite recognition, sometimes used, as in this case, for easy and definite recognition of a business or service. A licensor may grant a license under intellectual property laws authorizing the use by another party of a logo, trade name, trade mark or service mark.

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FAQ

A trade name is a name used for commercial purposes, while a proper name typically refers to an individual's or entity’s legally recognized name. In business, the trade name serves as the face of the brand, whereas the proper name is used in official documentation. When registering, it’s essential to understand these differences to secure an effective brand presence.

In Oklahoma, the legal name is the official name of the entity registered with the state, such as an LLC or corporation. In contrast, a trade name may be an alternative name under which businesses operate. Having a clear understanding of both is crucial to ensure compliance and effectively conduct business under your chosen brand.

A trade name refers to the business identity you present to the public, whereas a personal name is the individual’s given name. In Oklahoma, businesses often use a trade name to market products or services, while the personal name may still be used for legal documents. This separation allows greater flexibility in branding while maintaining legal compliance.

To indicate a trade name, you need to register it with the appropriate state office, typically the Secretary of State in Oklahoma. This registration process ensures that your trade name is recognized legally and protects it against use by others. When choosing a trade name, ensure it reflects your business activities and aligns with your brand identity.

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.

Trademark, same name, same class is an expression that means more than one business entity registering the same trademark name in the same product and service class with the United States Patent and Trademark Office (USPTO).

Because the United States Patent and Trademark Office (USPTO) operates on a federal level, you're up against trademarks in all other states. If you want to fully protect your business name along with any marks associated with it, you'll need to register both the trademark and the trade name.

A trademark can be associated with or it can be part of your trade name and can be used to provide legal protection for the use of names, logos, symbols, or company slogans.

The law makes a definite distinction between the twoa trade name refers to the company's official name, while a trademark provides a company's brand with legal protection.

Summary. Registering your business name for a trademark isn't required in order for you to have trademark rights. However, a registered trademark can provide greater protection for your brand while helping you build your brand and drive business growth.

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Oklahoma License of Trade Name and Trademark with Option to Purchase