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Trade Mark Licence Agreement
"I need a Trade Mark Licence Agreement for my luxury fashion brand to license our trademark to a Saudi manufacturer who will produce and sell our branded clothing in Saudi Arabia and other GCC countries, with strict quality control provisions and Sharia-compliant royalty terms."
1. Parties: Identification of the Licensor and Licensee with full legal names and addresses
2. Background: Context of the agreement, details of trademark ownership and registration, and parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement, including the Licensed Marks, Territory, and Products
4. Grant of License: Scope of the license granted, including type (exclusive/non-exclusive), territory, and permitted uses
5. Term and Renewal: Duration of the license agreement and conditions for renewal
6. Quality Control: Licensor's rights to maintain quality standards and inspect Licensed Products
7. Usage Guidelines: Specific requirements for trademark usage and brand guidelines
8. Payments and Royalties: Financial terms including royalty rates, payment schedules, and reporting requirements (Sharia-compliant)
9. Representations and Warranties: Parties' assertions regarding trademark ownership, authority to contract, and other material facts
10. Protection of Rights: Obligations regarding trademark protection, infringement actions, and maintenance of registrations
11. Termination: Grounds for termination, notice requirements, and post-termination obligations
12. Confidentiality: Protection of confidential information exchanged during the license relationship
13. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes
14. General Provisions: Standard clauses including notices, amendment process, and severability
1. Sub-licensing Rights: Include when the Licensee is permitted to grant sub-licenses
2. Marketing and Promotion: Include when specific marketing obligations or restrictions are required
3. Supply Chain Requirements: Include when the license involves manufacturing or specific supplier relationships
4. Export Controls: Include when products will be exported outside Saudi Arabia
5. Training and Support: Include when the Licensor will provide technical or operational support
6. Insurance: Include when specific insurance requirements are needed for high-risk products
7. Data Protection: Include when personal data processing is involved in the licensed activities
8. Islamic Finance Compliance: Include detailed Sharia compliance provisions when financial arrangements are complex
1. Schedule 1 - Licensed Marks: Detailed list of licensed trademarks including registration numbers and status
2. Schedule 2 - Licensed Products: Comprehensive description of products/services covered by the license
3. Schedule 3 - Territory: Detailed definition of geographic territories where license is valid
4. Schedule 4 - Quality Standards: Specific quality control requirements and standards
5. Schedule 5 - Brand Guidelines: Detailed trademark usage and brand guidelines
6. Schedule 6 - Royalty Calculations: Detailed methodology for calculating royalties
7. Schedule 7 - Approved Manufacturers: List of approved manufacturers if applicable
8. Appendix A - Form of Quality Control Report: Template for regular quality control reporting
9. Appendix B - Form of Royalty Report: Template for royalty reporting
Authors
Retail
Manufacturing
Consumer Goods
Fashion and Luxury
Food and Beverage
Technology
Pharmaceuticals
Automotive
Entertainment
Sports
Education
Professional Services
Healthcare
Telecommunications
Legal
Intellectual Property
Commercial
Business Development
Compliance
Brand Management
International Operations
Risk Management
Marketing
Finance
Legal Counsel
Intellectual Property Manager
Commercial Director
Brand Protection Manager
Licensing Manager
Business Development Director
Compliance Officer
Chief Legal Officer
Brand Manager
Commercial Contracts Manager
Franchise Manager
International Business Manager
Risk Manager
Chief Executive Officer
Chief Commercial Officer
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