Move Electronically Signing Trademark License Agreement For Free

Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.

Trademark licensing is legally permitted under Section 49 of the Trademark Act, 1999. ing to this section, a registered trademark owner can grant a licence to another entity to use their trademark in connection to specific goods and services.

What is trademark licensing? (1) Definition. In trademark licensing, a trademark owner (Licensor) grants permission to another (Licensee) to use that trademark on mutually agreed terms and conditions.

Types of Trademark Licensing: Exclusive License. Sole License. Non-Exclusive License.

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.

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.

Licensing only transfers the right to use the trademark while the ownership of the trademark rests with the proprietor himself. The rights granted are limited rights w.r.t. time and can range from right to uses the trademark, sell the products etc. The TM License can be an exclusive or non ? exclusive one.

The Licensee will not, directly or indirectly, use the Mark in any way other then as permitted under this Agreement. The Licensee acknowledges the validity of the Mark and agrees that the benefit of and goodwill associated with use of the Mark by the Licensee will ensure entirely for the benefit of the Licensor.