Support Electronically Signed Trademark License Agreement For Free

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.

A license is granted by a party (licensor) to another party (licensee) as an element of an agreement between those parties. In the case of a license issued by a government, the license is obtained by applying for it.

Optimally, a trademark license should also explicitly state (1) whether the license is exclusive or non-exclusive, (2) the duration of the license, (3) whether the license may be renewed and under what conditions, (4) the amount of any royalty payments or other compensation due to the licensor and when those payments ...

Trademark License Fee means the fees payable by Licensee in consideration of the rights granted hereunder, which fees will be paid in the form of the Initial Trademark License Fee and the Annual Trademark License Fee, each as defined in Section 3.1.

If you are the licensor, you grant another party the right to use your trademark(s) on products or services in a specific geographic area. If you are the licensee, you agree to pay the other business in exchange for the rights to use their mark(s).

Licensor hereby grants to the Company, and the Company hereby accepts, subject to the terms and conditions of this Agreement, an exclusive, non-transferable license for the Term and in the Territory to Use the Licensed Intellectual Property solely within the Licensed Field and, where it relates to the development and ...

(a) LICENSEE acknowledges the value of the goodwill associated with the Trademark and that the Trademark is distinctive and has acquired secondary meaning. LICENSEE agrees, during the Term, and thereafter, never to challenge the rights of E-City or others in the Trademark.