Agreement to Sub-license Trademark for Use in a Restaurant Business
Description
How to fill out Agreement To Sub-license Trademark For Use In A Restaurant Business?
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FAQ
A lease is a contract between a tenant and a landlord that provides the tenant with exclusive interest in the property. A license, on the other hand, is when the owner gives permission to a licensee to conduct an action on the owner's property.
An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
A license agreement is a business contract between two parties. The licensor (the seller of the license) owns the asset being licensed and the licensee (the buyer) pays for the right to use the license. The licensee pays royalties to the owner in exchange for the right to sell the product or use the technology.
Exclusive or non-exclusive. In an exclusive license, the intellectual property holder is licensing the work only to one person, for that particular use/territory. Territory. Use. Attribution. Derivative works. Confidentiality. Time frame. Termination.
Firmly establish ownership. A good contract should clearly state what rights are being granted pertaining to the intellectual property in question. Do not overlook definitions. Define the royalty system. Explain the quality assurance monitoring process. Be aware of government regulations.
1Download a template for a licensing agreement.2Choose your role as the licensor or licensee.3Define the license(s) in the agreement.4Decide whether the license is exclusive or not.5Settle the matter of fees and payment schedule.6Add a renewal date and rules.Licensing Agreement UpCounsel 2020\nwww.upcounsel.com > licensing-agreement
A sublicense agreement is an agreement by which the licensee (as sublicensor) grants to someone else (as sublicensee) some of the licensee's rights. If permitted by the original license agreement, there may be multiple tiers of sublicensees.
Noun. a license or contract granted to a third party by a licensee for specified rights or uses of a product, brand name, logo, etc.
A licence will often specify whether the licensee is allowed to grant a sub-licence to a third party.The scope of the authority given by the licensor to the licensee to sublicense.