Who is Licensee?

• The Licensee, a person who wishes to use a trademark, is:

  • A person
  • An individual or organization

• Indicate the full name of Licensee:

• Indicate the full name of a company (Licensee):

• Indicate the full residential or business address of Licensee:

About the Contract

• Select the date on which the parties sign this Agreement:

  !

  The date of signing is the date on which a trademark license agreement becomes effective.

• Which state laws shall apply towards provision of this Agreement?

  Choose option Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming District of Columbia

• The license to use a trademark shall become effective:

  • On the date of signing, indicated above
  • Other date

• Select the date on which the license shall become effective:

• Select the date on which the license shall END:

Trademark Details

• Indicate the trademark's name:

• Has the trademark been registered with the United States Patent and Trademark Office?

  • Yes
  • No, in the process of registration

  !

  Registration of a trademark with the United States Patent and Trademark Office (USPTO) is mandatory.

  The trademark license agreement could be concluded with regards to the trademark which is already registered or which is pending for the registration at the USPTO.

• Indicate the USPTO registration number:

  !

  This is a registration number provided by the United States Patent and Trademark Office.

  Each trademark is given a unique registration number.

• Select the date of the trademark's registration:

• Indicate the number of the trademark application for registration:

• Select the date on which the application for the trademark's registration was submitted:

• Specify the classes of goods and/or services for which the trademark is or will be registered:

License Details

• Describe in detail how the Licensee is permitted to use the trademark:

  !

  A trademark could be used in various ways:

  – usage for branding products;
  – retail or franchising;
  – merchandising;
  – marketing or advertising;
  – packaging or labelling;
  – events or sponsorships and many more.

• The Licensee obtains the following license to use the trademark:

  • Exclusive license
  • Non-exclusive license

  !

  The licensor under the trademark license agreement can issue two different types of licenses:

  – Exclusive license: Only the licensee has the rights to use the trademark. The licensor cannot use the trademark and cannot license the same TM to others.
  – Non-exclusive license: The licensee can use the trademark. The Licensor can also use it and license it to third parties.

• Specify the geographic area (e.g., city, state, country) where the Licensee is authorized to use the trademark:

  !

  Territory limitation in a trademark license agreement defines the specific geographic area (such as a country or region) where the licensee is allowed to use the trademark.

  Usage of the trademark by the licensee outside the agreed territory is a material breach of a contract and is strictly prohibited.

• Does the Licensee have a right to sublicense the trademark to third parties?

  • No
  • Yes

  !

  Sublicensing is the licensee’s right to grant some or all of their rights to use a trademark to a third party.

  For example, the licensee receives the right to use the trademark in promotional materials, advertising campaigns or digital marketing content. The licensee decides to transfer further the right to use a licensor’s trademark in digital content to a third party. Such a transfer is considered a sub-license, and the text of a trademark license agreement shall clearly outline if the sublicensing is allowed or not.

Payment Details

• How will the Licensor be compensated for granting the license under this Agreement?

  • One-time fixed fee
  • Regular payments (e.g., weekly, monthly)
  • Another arrangement

• Indicate the amount of one-time flat fee (in USD) the Licensee shall pay:

• The one-time flat fee shall be paid in full:

  • on the date of signing, indicated above
  • at the end of the contract
  • according to the schedule

• Describe the schedule according to which the payment should be made:

• Indicate the amount of a regular payment (in USD):

• Select the frequency with which regular payments should be made:

  Choose option every week every month every other month every year

• Describe how the Licensor’s compensation for granting the license should be calculated:

• Indicate all acceptable payment methods the Licensee can use to make the payments:

Miscellaneous

• Either party to this Agreement can end it any time by providing a prior written:

  Choose option seven (7) days' notice fourteen (14) days' notice thirty (30) days' notice sixty (60) days' notice

• If the Licensee fails to make a payment for the granted license on time, the Licensee shall pay:

  • one-time fixed late penalty fee applies
  • daily late penalty fee applies

  !

  Late fees are additional financial charges imposed on a licensee when a licensee fails to make a payment on time.

• Specify the amount of the one-time fixed late fee (in USD):

• Indicate the amount of a daily late fee (in USD):

• Do you want to add a Licensee's signature?

  • Yes
  • No

• Add a Licensee's signature:

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