Trademark License Agreement Template
This Trademark License Agreement (“Agreement”) is entered into on [Date], by and between:
Licensor (Trademark Owner): [Full Legal Name / Company Name]
Address: [Address]
Contact: [Phone, Email]
Licensee (Trademark User): [Full Legal Name / Company Name]
Address: [Address]
Contact: [Phone, Email]
Together referred to as the “Parties.”
1. Licensed Trademark
The Licensor grants to the Licensee a non-exclusive, non-transferable license to use the following trademark(s):
[Describe trademark(s), registration numbers, and classes of goods/services].
2. Scope of Use
The Licensee may use the trademark solely for [specific goods/services] in the territory of [Specify Territory]. Any other use requires prior written consent of the Licensor.
3. Quality Control
The Licensee agrees to maintain quality standards consistent with the Licensor’s brand guidelines. The Licensor reserves the right to inspect and approve all goods, services, or promotional materials bearing the trademark.
4. Term and Renewal
This Agreement shall begin on [Start Date] and continue until [End Date], unless earlier terminated. Renewal may occur upon mutual agreement of the Parties.
5. Fees and Royalties
The Licensee shall pay the Licensor:
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Royalty Fee: [Percentage]% of net sales or $[Amount] per unit.
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Payment Schedule: [Monthly/Quarterly/Annually].
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Records: Licensee shall maintain accurate records of sales and allow the Licensor to audit.
Royalty Fee: [Percentage]% of net sales or $[Amount] per unit.
Payment Schedule: [Monthly/Quarterly/Annually].
Records: Licensee shall maintain accurate records of sales and allow the Licensor to audit.
6. Ownership and Rights
The Licensor retains full ownership of the trademark. The Licensee acquires no ownership rights through this Agreement. All goodwill arising from use of the trademark shall inure to the Licensor.
7. Restrictions
The Licensee shall not:
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Alter the trademark in any way.
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Use the trademark outside the agreed territory or scope.
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Register or attempt to register the trademark or similar marks.
Alter the trademark in any way.
Use the trademark outside the agreed territory or scope.
Register or attempt to register the trademark or similar marks.
8. Termination
This Agreement may be terminated by either Party with [X days] written notice for breach. Upon termination, the Licensee shall immediately cease all use of the trademark.
9. Indemnification
The Licensee agrees to indemnify and hold harmless the Licensor from claims, damages, or liabilities arising from the Licensee’s use of the trademark.
10. Governing Law
This Agreement shall be governed by the laws of [State/Country].
11. Entire Agreement
This Agreement represents the entire understanding of the Parties and supersedes prior agreements. Amendments must be in writing and signed by both.
Signatures
Licensor: ____________________________ Date: _________
Name/Title: _________________________________________
Licensee: ____________________________ Date: _________
Name/Title: _________________________________________