Affix Company License For Free

Some common examples of trademark licensing you probably see every day are: A professional sports team permitting clothing manufactures to print team names and insignias on their merchandise. Coca-Cola allowing independent bottlers of their soft drinks to label the finished product with the COCA-COLA trademark.

In many instances, however, a company will choose to license their brand to a third party (licensee) when they expand the brand into new categories. For Coca-Cola, the company licenses its brand to companies in each of the categories mentioned above.

Here are five critical steps to take when you want to get a product license: Invent a Product. Take the time to sketch out your invention, build prototypes, and document it. ... Complete a Patent Search. ... File Your Patent Application. ... Connect with Licensees. ... Sign Your Product License.

Examples of license agreements, include: Example: Walt Disney granting McDonalds a license for McDonalds to co-brand McDonalds Happy Meals with a Disney trademarked character. The license of a technology where the licensee is granted the right to use the licensor's software, or other intellectual property asset.

Mcdonald's company sells its licensing in the form of Mcdonald's franchisee, and it lets other companies use its brand name and marketing material only after it has bought its franchisee.

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.

IBM computers selling with Microsoft Windows. Example 2 . Ralph Lauren allowing their brand to appear on other manufacturer's products. Example 3 .