The following IP precedent provides comprehensive and up to date legal information covering:
This Agreement is made on [date]
[insert name], a company incorporated in England and Wales, whose registered number is [insert company number] and whose registered office is at [insert address] (Licensor); and
[insert name], a company incorporated in England and Wales, whose registered number is [insert company number], whose registered office is at [insert address] (Licensee)
(each of the Licensor and the Licensee being a party and together the Licensor and the Licensee are the parties).
The Licensor is the proprietor of certain trade marks[, copyright][ and designs] relating to [insert character name] the famous fictional character[s] as featured in [insert details of relevant film, cartoon, comic book, computer game etc].
The Licensee is [insert background to licence/relevant transaction].
The Licensor has agreed to grant a licence to the Licensee to use the trade marks[, copyright][ and designs] on the terms and conditions of this Agreement.
Definitions and interpretation
In this Agreement:
means the sum of [insert figure];]
the fictional character[s] [insert name(s)], as featured in [insert details] and depicted on pages [numbers] of the Style Guidelines;
means a day other than a Saturday, Sunday or public holiday[, on which clearing banks are open for non-automated commercial business in the [City of London]];
means any and all confidential information (in whatever form) including technical or other information imparted
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This Practice Note deals with the relationships arising between principals, agents and third parties with whom the agent deals on the principal’s behalf. It considers the principal’s liability for its agent, agent’s authority including remedies for breach of authority, fraud and misrepresentation,
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