Drafting a trademark license agreement

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To draft a trademark license agreement, consider the following points:

Definitions and Parties: Name the licensor and licensee, their contact information, and define key terms used in the agreement.
Brand Description: Provide a detailed description of the brand, including the brand name, logo, trademark registration numbers, and any additional brand elements relevant to the license.
Licensing: Describe the rights granted to the licensee, such as the right to use the mark for specific products, services or in certain geographical areas. Also include any limitations and exclusions.
License term: Define the term of the license, including the start and end dates and any renewal options.
Fees and payment terms: Define financial terms, such as royalties, license fees, minimum guarantees, payment terms and reporting requirements.
Quality Control: Describe the quality standards and requirements cambodia mobile numbers list that the licensee must follow when using the brand. This may include the use of approved materials, manufacturing processes and adherence to brand guidelines.
Intellectual property rights: Confirm that the licensor is the owner of the trademark and associated intellectual property rights. Also state the responsibilities of both parties in protecting these rights and addressing infringement.
Termination and Termination Conditions: Describe the conditions under which the license may be terminated, such as for breach of contract, non-payment, or failure to meet quality standards.
Liability and Insurance: State the responsibilities of both parties regarding liability and any insurance requirements.
Dispute Resolution: Define the procedure for resolving any disputes between the licensor and licensee, such as arbitration or mediation.
Applicable Law and Jurisdiction: Indicate the law applicable to the agreement and the jurisdiction competent to settle disputes.