Trade mark licence—pro-licensor

The following IP precedent provides comprehensive and up to date legal information covering:

  • Trade mark licence—pro-licensor
  • BACKGROUND
  • 1 Definitions and interpretation
  • 2 Grant of rights
  • 3 Licensor obligations
  • 4 Licensee obligations
  • 5 Use of the marks
  • 6 Title to the Trade Marks and goodwill
  • 7 Royalties
  • 8 Infringement of the trade marks
  • More...

Trade mark licence—pro-licensor

This Agreement is made on [insert date]

Parties

  1. 1

    [insert name], a company incorporated in [England and Wales] under number [insert company number] and whose registered office is at [insert address] (Licensor); and

  1. 2

    [insert name], a company incorporated in[ England and Wales] under number [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).

BACKGROUND

    1. (A)

      The Licensor [is the [registered] proprietor of OR is the applicant to register OR has the right to license and/or sublicense] certain trade marks.

    1. (B)

      The Licensee is [insert background to licence/relevant transaction]

    1. (C)

      The Licensor has agreed to grant a licence of these trade marks to the Licensee and the Licensee has agreed to take a licence of the trade marks on the terms of this Licence.

agreeMent:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Licence:

        Advance

        1. means the sum of [insert];

        Brand Guidelines

        1. means the guidelines produced by the Licensor setting out the manner in which the Trade Marks may be used[, the current version of which is annexed at Schedule 3 to this Licence] (and which may be amended from time to time upon notice in writing by the Licensor to the Licensee);

        Business Day

        1. means a day other than a Saturday, Sunday or public holiday[, on which clearing banks are

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