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Document Id : 157
File Type : Microsoft Word
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Trade Mark License Agreement
Grant a manufacturer an exclusive license to use your trade mark to manufacture and sell your products with this Trade Mark License Agreement.
- Royalties. The manufacturer (licensee) will pay a royalty calculated as a percentage of net sales of the products during each calendar year.
- Product Quality. The licensor has the right to inspect the manufactured products for quality control purposes, and the licensee will remove any non-compliant products from the market.
- Intellectual Property Claims. The licensee will notify the licensor of all trade mark infringements or applications to register trade marks which might conflict with the licensor's trade marks.
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