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Simple Trademark License Agreement
"I need a Simple Trademark License Agreement for my Malaysian technology company to license our software trademark to a distributor in Singapore, with the agreement to commence on March 1, 2025, including provisions for quality control and quarterly royalty payments."
1. Parties: Identifies and provides full details of the Licensor and Licensee, including registration numbers and registered addresses
2. Background: Establishes the context of the agreement, confirming the Licensor's ownership of the trademark and the Licensee's desire to use it
3. Definitions: Defines key terms used throughout the agreement, including 'Licensed Mark', 'Territory', and 'Licensed Products'
4. Grant of License: Specifies the nature of the license (non-exclusive/exclusive), scope, and permitted uses of the trademark
5. Territory: Defines the geographical area where the Licensee may use the trademark
6. Term and Termination: Specifies the duration of the license and circumstances under which it may be terminated
7. License Fees and Payment Terms: Details the financial terms, including royalty rates, payment schedules, and calculation methods
8. Quality Control: Outlines the Licensor's quality control rights and Licensee's obligations to maintain standards
9. Protection of the Mark: Addresses trademark protection, infringement reporting, and enforcement responsibilities
10. Representations and Warranties: Contains basic warranties about trademark ownership and right to license
11. General Provisions: Includes standard boilerplate clauses such as notices, governing law, and entire agreement
1. Sub-licensing Rights: Include when the Licensee is permitted to sub-license the trademark to third parties
2. Marketing and Promotion: Include when specific marketing requirements or restrictions need to be imposed
3. Minimum Performance Requirements: Include when the Licensor wants to set minimum sales or performance targets
4. Export Restrictions: Include when there are specific restrictions on export of licensed products
5. Insurance: Include when specific insurance requirements are needed to protect the trademark
6. Dispute Resolution: Include when parties want specific dispute resolution procedures beyond court jurisdiction
7. Confidentiality: Include when sensitive information will be shared between parties
1. Schedule 1 - Licensed Marks: Detailed description and visual representation of the licensed trademarks, including registration numbers
2. Schedule 2 - Licensed Products: Comprehensive list of products/services covered by the license
3. Schedule 3 - Quality Standards: Detailed quality control specifications and requirements
4. Schedule 4 - Fee Schedule: Detailed breakdown of all fees, royalty calculations, and payment terms
5. Schedule 5 - Approved Form of Trademark Usage: Guidelines and examples for proper trademark usage and placement
Authors
Retail
Consumer Goods
Fashion and Apparel
Food and Beverage
Technology
Manufacturing
Entertainment
Pharmaceuticals
Franchising
Sports and Recreation
Education
Professional Services
Legal
Intellectual Property
Brand Management
Commercial
Business Development
Compliance
Corporate Affairs
Marketing
Operations
Legal Counsel
Intellectual Property Manager
Brand Manager
Commercial Director
Licensing Manager
Business Development Manager
Chief Legal Officer
Compliance Officer
Contract Manager
Chief Executive Officer
Chief Commercial Officer
Trademark Attorney
General Counsel
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A Malaysian law-governed agreement allowing one party to license their trademark to another, subject to specific terms and conditions under Malaysian trademark legislation.
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