Apparel License Agreement Template

And while a trademark is more than just a visual identity a business with every intention to succeed would do well to remember that a certain symbol a logo can make or break the overall brand in the eyes of the all too knowing customer.

Apparel license agreement template. And beijing weimeng technology co. This agreement is entered into on date between grantee name hereinafter referred to as the grantee located at grantee address and artist name. Trademark license agreement helios matheson information technology ltd. Use our attorney drafted licensing agreement to establish a legally binding contract between a person who owns intellectual property and a person who receives a license to use the ip.

And helios and matheson analytics inc. A license agreement is the basis for every merchandise licensing transaction. The basics of a merchandise license agreement. An apparel licensing agreement is a deal between the licensor and licensee to manufacture and sell merchandise.

The agreement outlines how the licensor the party who owns the property will grant the license to use their property to the licensee the party who is using the licensors property. Updated june 5 2019 written by susan chai esq. While there are some generally accepted rules in the industry the licensor and the licensee are usually free to put together the best deal that each can negotiate. Whereas licensor desires to license the use of the marks to licensee solely in connection with the retail sale of merchandise by licensee and its affiliates as hereinafter defined pursuant to the terms of this agreement and licensee desires to accept such license from licensor.

In addition licensee shall timely pay the amounts set forth in schedule a attached hereto as minimum royalty guarantees. Agreement licensee shall pay to licensor the amount set forth on schedule a attached hereto as a guaranteed non refundable advance against royalties to become first due under this agreement. You may also see license agreement templates. And motorola solutions inc.

The license agreement is at the heart of every merchandise licensing transaction. Oct 11 2010 trademark license agreement motorola trademark holdings llc motorola inc. Typically the licensor and licensee put together the best written agreement so they can both profit. A licensing agreement is a document used by the owner of some form of intellectual property such as a logo photograph or song to give permission to some other individual to use that property.

21 licensor grants to the licensee a non exclusive non transferable license for the term to use the asset for the specific purpose specified in this agreement subject to the terms and conditions set out in this agreement. Basics of a merchandise licensing agreement.