Free Trademark License Agreement
Trademark License Agreements give an individual or company the rights to use your registered trademark. This agreement is usually given for a specific amount of time and all rights revert back to the original trademark owner once the license term expires.
Disclaimer:This was not drafted by an attorney & should not be used as a legal document.
Trademark License Agreement
_________________________, referred to as LICENSOR, and _________________________, referred to as LICENSEE, agree:
Licensor owns the rights to certain characteristic designs, trade names, trademarks, service marks, and other proprietary information which are associated with it, its activities, or its property. Licensee acknowledges the Licensor’s rights in and to these symbols in connection with its business; the Licensor is willing to grant such a license, upon the terms contained in this Agreement.
Licensor grants to Licensee an exclusive license to use the symbols in connection with Licensee’s merchandising business with respect to the following items (“items”) and no others:
_________________________________________________________ in the following territories, and no others: _________________________________________________
This license shall authorize Licensee to reproduce and use the symbols on those items in accordance with the terms of this agreement.
Licensee’s interest. Licensee acknowledges that nothing in this agreement grants to Licensee any right title or interest in any symbol licensed hereunder, except the right to use such symbol as provided in this agreement.
Term. This license shall be effective from the date of this agreement through __________________________, and shall then expire unless renewed.
Royalties. Rate of royalty. In consideration of the license granted to it, Licensee shall pay to the licensor a royalty rate in the amount of $ ___________
Payment. Payment of the royalties shall be due every ____ and paid by ________________.
Licensee shall not use the symbols in any manner derogatory or otherwise unacceptable to the Licensor.
This Agreement is established as of the date set forth below by the following signatures of the parties.