Puerto Rico Trademark License Agreement for a Software Product in Educational Market
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How to fill out Trademark License Agreement For A Software Product In Educational Market?
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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.
Quality control is, therefore, the essence of trademark licensing, providing the means for ensuring that the licensee's use is consistent with the licensor's interest in the trademark and at the same time ensuring that the consumer will get essentially the same quality good or service no matter where the trademarked ... MODULE 12. Trademark Licensing - WIPO World Intellectual Property Organization ? sme ? documents ? pdf World Intellectual Property Organization ? sme ? documents ? pdf PDF
The licensee must allow the trademark owner to review their processes. Compensation: This section details the payment arrangement for using the trademark. It may concern a one-time fee, continuing royalties, or a combination. Representations and Warranties: Both parties must provide representations and warranties.
Trademarks registered in the USA also have validity and recognition in Puerto Rico. However, in order to be effectively protected in Puerto Rico, trademarks should also be registered through the local trademarks office (PRIPO).
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.
However, the license for use of unregistered Trade marks is governed as per agreement executed by the Proprietor and the Licensee under the contract Act / common law. It is permissible to license an unregistered Trade mark. Trade Mark Licensing in India - Mondaq mondaq.com ? india ? intellectual-property mondaq.com ? india ? intellectual-property