This Precedent is intended for use where the owners of separate similar or identical trade marks which are subject to confusion agree to clarify how each mark is to be used and/or registered so as to reduce the risk of confusion, settle a current dispute or avoid disputes arising in the future, and permit both parties to continue to use their marks. Key points to consider when drafting include: identifying the marks in question, the territory in which they are used, the goods/services for which each mark is registered and any intended modifications to either party’s mark.