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This document outlines the terms and conditions under which PUFF-PUFF PROTEIN POWDER PRIVATE LIMITED (Licensor) grants PUMP-UP GYM LLC (Licensee) a limited, non-exclusive license to use its trademark for promoting and selling protein powder products within specified guidelines. It includes details on royalty payments, quality control standards, and the obligations of both parties.
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How to fill out trademark licensing agreement

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How to fill out trademark licensing agreement

01
Title the document as 'Trademark Licensing Agreement'.
02
Include the names and addresses of both the licensor and licensee.
03
Define the trademark by including its registration number and a description.
04
Specify the scope of the license, including permitted uses of the trademark.
05
State the duration of the agreement and any renewal options.
06
Outline the financial terms, including royalties or fees payable to the licensor.
07
Include quality control provisions to ensure the trademark is used correctly.
08
Detail any reporting requirements and audit rights for the licensor.
09
Specify terms for termination of the agreement, including notice periods.
10
Include a clause addressing dispute resolution mechanisms.
11
Conclude with signatures from both parties.

Who needs trademark licensing agreement?

01
Businesses/licensees seeking to use a trademark owned by another party.
02
Trademark owners (licensors) looking to expand their brand through third-party use.
03
Franchisors granting rights to their franchisees.
04
Individuals or organizations that want to legally protect their brand while letting others use it.
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A trademark licensing agreement is a legal contract between the owner of a trademark (licensor) and another party (licensee) that allows the licensee to use the trademark in exchange for payment or other benefits.
Typically, the licensor, who is the trademark owner, is required to file the trademark licensing agreement to ensure proper registration with the relevant trademark office.
To fill out a trademark licensing agreement, parties must include details such as the names of the licensor and licensee, a description of the trademark, the territory in which the rights are granted, the duration of the license, any fees or royalties, and the specific rights granted.
The purpose of a trademark licensing agreement is to allow another party to legally use the trademark while providing the trademark owner with control over the use of the mark and the ability to generate revenue through licensing fees.
Information that must be reported includes the parties involved, the trademark being licensed, the scope of use, duration of the agreement, any compensation terms, and any quality control measures to maintain the integrity of the trademark.
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