Trademark License Agreement Template: How To Fill Out
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A trademark license agreement is a contract between a trademark owner and another party who wishes to use the trademark. It outlines the usage rights and clearly defines all conditions governing the relationship so that there are no confusions or disputes.
You don’t have to draft a trademark license agreement, because ContractsCounsel sells one. This online legal network connects clients with vetted, experienced lawyers who draft legally-sound, fair, and clear contract templates.
Read the rest of this article to explore what a trademark license agreement template contains, how to fill it out, and why you should purchase it from ContractsCounsel.
What Does a Trademark License Agreement Template Contain?
This template contains important information to protect your interests and intellectual property. Here are some of its key aspects.
Grant of License
The licensor gives the licensee an exclusive, perpetual, royalty-free, fully paid license to use the trademark in connection with the company. It specifies that the licensee can’t use the trademark in any unauthorised ways.
Quality Control
The licensee will be paying an amount of money to use this trademark, so the licensor wants to know that they will be using it in appropriate ways. The licensee agrees to work according to high-quality standards that don’t cause the licensor any losses of their rights.
To protect their reputation and IP, the licensor will conduct quality control over the licensee’s services and other activities, such as advertising materials. If the licensee is found to exercise inappropriate usage of the trademark, they will need to correct the deviations or misuse within 10 days of receiving notice from the licensor.
Rights and Ownership
The licensed mark and all associated rights belong to the licensor. The contract states that the licensee won’t register the licensed mark or similar trademarks.
Termination
In the case of material breach of the contract, the licensor can end the agreement but must provide written notice at least 30 days before termination. The licensee will also have the opportunity to remedy the breach.
However, there are termination consequences. When termination occurs, rights given to the licensee will return to the licensor and the licensee will stop using the trademark within 60 days of termination.
How to Fill out a Trademark License Agreement
When completing a trademark license agreement, you want to ensure that all your details are clear and correct. Here are the steps to follow when filling it out.
- Step 1: Fill in the effective date of the contract, the name of the company, and the licensee’s name.
- Step 2: Explain what is meant by territory (basically, the geographic area the contract covers) and provide a business description in the space provided.
- Step 3: Write down the fee the licensee will pay annually to use the trademark.
- Step 4: Input the licensor’s and licensee’s addresses for written notices to be sent. Include the name of the person to whom the notices will be addressed.
- Step 5: Write the state whose laws govern the contract.
- Step 6: Sign the contract. Write your names and titles.
- Step 7: In “Schedule A” mention the domain names and trademarks that are included in this agreement.
Why Should You Buy a Trademark License Agreement Template?
ContractsCounsel provides a comprehensive, clear template to govern your working relationships. It’s:
- Instantly downloadable. After completing payment, you’ll receive a link to download the template instantly. This makes the template convenient to buy and use.
- Legally drafted by vetted lawyers on the platform. This makes it legally sound and ensures it covers all key aspects of the trademark license agreement.
- Editable. You can customize your contract with details about your specific situation or working relationship.
- Available for consultation. For an additional charge, you can include a consultation with the lawyer who drafted the template.
Do you need a trademark license agreement template?
Visit the trademark license agreement template page on ContractsCounsel. Select ‘Buy template’ and complete payment. You’ll receive a link to download your template.
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Meet some of our Trademark License Agreement Template Lawyers
Bryan B.
Experienced attorney and tax analyst with a history of working in the government and private industry. Skilled in Public Speaking, Contract Law, Corporate Governance, and Contract Negotiation. Strong professional graduate from Penn State Law.
"Bryan was fantastic to work with. Very responsive and gave me plenty of guidance with regards to a Licensing Agreement. Will definitely work with Bryan again."
Drew B.
Drew is an entrepreneurial business attorney with over twenty years of corporate, compliance and litigation experience. Drew currently has his own firm where he focuses on providing outsourced general counsel and compliance services (including mergers & acquisitions, collections, capital raising, real estate, business litigation, commercial contracts and employment matters). Drew has deep experience counseling clients in healthcare, medical device, pharmaceuticals, information technology, manufacturing, and services.
"Hired for a settlement contract to be written out in legal manner. Ammended contract as well to add clauses that we had not written.Efficient, professional. Said the time-frame would be about 4 business days and he did deliver on that in fact worked through the weekend and mlk day. Offered one final revision as well as a call to finalize language of contract. The final document delivery was more than we expand also he went above and beyond to deliver extra documents we may need. Would highly recommend."
Rishma E.
Rishma D. Eckert, Esq. is a business law attorney who primarily represents domestic and international companies and entrepreneurs. A native of both Belize and Guyana, she remains engaged with the Caribbean community in South Florida: as a Board Member and General Counsel for the Belize American Chamber of Commerce of Florida, and Member of the Guyanese American Chamber of Commerce. She holds a Bachelor of Laws degree (LL.B.) from the University of Guyana in South America, a Master’s degree in International and Comparative Law (LL.M.) from Stetson University College of Law in Gulfport, Florida, and earned a Juris Doctor degree (J.D.) from St. Thomas University School of Law in Miami, Florida. Licensed to practice in the State of Florida and the Federal Court in the Southern District of Florida, Mrs. Eckert focuses her passion and practice on domestic and international corporate structuring and incorporation, corporate governance, contract negotiation and drafting, and trademark and copyright registrations.
"I loved working with Rishma. She answered all my questions and concerns. I feel at ease setting up my business; I've learned a lot from Risham and value her feedback. I will be definitely be using her again in the near future."
Brad H.
Brad is a business attorney with experience helping startup and growing companies in a variety of industries. He has served as general counsel for innovative companies and has developed a broad knowledge base that allows for a complete understanding of business needs.
"Great job from Brad. I will definitely contact him again if I need help again."
Matthew R.
I am an attorney located in Denver, Colorado with 13 years of experience working with individuals and businesses of all sizes. My primary areas of practice are general corporate/business law, real estate, commercial transactions and agreements, and M&A. I strive to provide exceptional representation at a reasonable price.
"Matthew was incredibly fast with his communication and work. Thank you for the help."
Dani E.
Dani is a trusted legal professional with expertise in contracts and corporate legal operations. Dani supports customers in reviewing and negotiating both buy and sell side agreements, including but not limited to Master Services Agreements, Licensing Agreements, SaaS Agreements, Supply Agreements, Commercial Contracts, Healthcare Contracts, IT Contracts, Vendor Contracts and Non-Disclosure Agreements. She also assists with negotiation strategy, contract lifecycle, privacy issues, legal policy setting, process improvement, corporate governance, force majeure clauses and template harmonization and playbook development. Dani has proven success drafting, negotiating and advising executive leadership on contracts to drive outcomes in line with defined strategic objectives. Dani is based in Georgia and holds a law degree from Western Michigan University’s Cooley Law School.
November 6, 2020
Christopher S.
Chris Sawan is a JD/CPA who practices in the area of business law, contracts and franchising in the State of Ohio.
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pretzel business process licensing agreement
Location: Michigan
Turnaround: A week
Service: Drafting
Doc Type: Licensing Agreement
Number of Bids: 4
Bid Range: $800 - $1,200
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