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Joint Trademark Ownership Agreement Template for India

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Key Requirements PROMPT example:

Joint Trademark Ownership Agreement

"I need a Joint Trademark Ownership Agreement for a partnership between my tech startup and a manufacturing company in India, with equal ownership rights and specific provisions for international expansion planned for March 2025."

Document background
The Joint Trademark Ownership Agreement is essential when multiple parties wish to share ownership of a trademark in India. This document becomes necessary in various scenarios, such as business collaborations, joint ventures, or family business arrangements where trademark rights need to be shared. It must comply with the Indian Trade Marks Act, 1999, and related regulations while establishing clear guidelines for trademark usage, maintenance, and protection. The agreement typically includes comprehensive provisions covering ownership structure, usage rights, quality control, cost sharing, revenue distribution, and dispute resolution mechanisms. It's particularly crucial for protecting all parties' interests and preventing future conflicts regarding trademark usage and management. The document should be carefully drafted to address specific business needs while ensuring compliance with Indian intellectual property and contract law requirements.
Suggested Sections

1. Parties: Identification and details of all co-owners entering into the agreement

2. Background: Context of the joint ownership arrangement and history of the trademark

3. Definitions: Definitions of key terms used throughout the agreement

4. Ownership Structure: Specification of ownership percentages and rights of each party

5. Trademark Usage Rights: Terms governing how each party may use the trademark

6. Quality Control: Standards and procedures for maintaining trademark quality and reputation

7. Management and Decision Making: Process for making decisions regarding the trademark

8. Costs and Revenue Sharing: Distribution of maintenance costs and revenue generated from the trademark

9. Protection and Enforcement: Obligations regarding trademark protection and handling infringement

10. Term and Termination: Duration of the agreement and conditions for termination

11. Assignment and Transfer: Rules regarding transfer of ownership rights

12. Confidentiality: Obligations regarding confidential information

13. Dispute Resolution: Procedures for resolving disputes between co-owners

14. Governing Law: Specification of Indian law as governing law and jurisdiction

15. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Territory Rights: Used when different owners have rights in different geographical territories

2. Licensing to Third Parties: Include when parties want to allow licensing to external parties

3. Marketing and Promotion: Include when specific marketing arrangements need to be detailed

4. Right of First Refusal: Include when parties want pre-emptive rights to purchase other owners' shares

5. Non-Compete Provisions: Include when parties want to restrict competitive activities

6. Insurance: Include when specific insurance requirements need to be maintained

7. Exit Strategy: Include detailed procedures for owner exit when needed

Suggested Schedules

1. Schedule A - Trademark Details: Detailed description of the trademark, including registration numbers and classes

2. Schedule B - Usage Guidelines: Specific guidelines for trademark usage, including size, placement, and formatting

3. Schedule C - Quality Standards: Detailed quality control standards and specifications

4. Schedule D - Territory Map: If applicable, map or description of territorial rights

5. Schedule E - Cost Allocation: Detailed breakdown of cost sharing and payment procedures

6. Appendix 1 - Brand Guidelines: Comprehensive brand usage and style guide

7. Appendix 2 - Approval Procedures: Detailed procedures for obtaining approval for trademark usage

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Relevant Industries

Retail

Consumer Goods

Technology

Manufacturing

Fashion and Luxury

Food and Beverage

Entertainment

Media and Publishing

Professional Services

Healthcare

Pharmaceuticals

Automotive

E-commerce

Sports and Recreation

Relevant Teams

Legal

Intellectual Property

Brand Management

Marketing

Business Development

Corporate Affairs

Compliance

Commercial Operations

Corporate Governance

Strategy

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Intellectual Property Counsel

Brand Manager

Legal Counsel

Business Development Director

Commercial Director

Trademark Attorney

Corporate Lawyer

Managing Partner

Chief Operating Officer

Marketing Director

Compliance Officer

General Counsel

Company Secretary

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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