Recent Answers to Trademark Assignment Agreement Law Questions
Can a trademark assignment agreement be terminated if the assignee fails to meet certain conditions?
Trademark
Trademark Assignment Agreement
Maryland
Can a trademark assignment agreement be terminated if the assignee fails to meet certain conditions, such as failing to actively use the trademark or not maintaining the quality standards set forth in the agreement? I have recently assigned a trademark to another company, but I am concerned that they are not using the trademark as agreed upon and are damaging its reputation. I want to know if there are any legal grounds for terminating the assignment agreement and reclaiming the trademark.
Sara S.
Hi, It depends on what your assignment agreement termination provision permits, and what is described as a breach of such agreement (material or no). You can learn more by discussing this with a licensed intellectual property attorney.
Can a trademark assignment agreement be used to transfer ownership of a trademark from one company to another?
Intellectual Property
Trademark Assignment Agreement
Maryland
I am part of a small startup company that has recently entered into a partnership with a larger corporation. As part of this partnership, we have agreed to transfer ownership of our trademark to the larger corporation. We have been advised to use a trademark assignment agreement for this purpose, but I want to ensure that this is the correct legal document to use and that it will effectively transfer ownership of the trademark to the new company.
Roman V.
Hello, I'd be glad to review the details of the trademark assignment and confirm it properly transfers ownership of your trademark. As a trademark attorney, I have helped clients in similar situations both draft trademark assignments and record them with the USPTO to ensure that the trademark reflects the right ownership information. I would be happy to have a brief free 15 minute consult call to learn more details and see how I can help. Thanks for your consideration. Best, Roman rvayner@vaynerlegal.com 414 628 9099 www.vaynerlegal.com
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