The Non-Exclusive Trademark Licence Agreement is essential when a trademark owner wishes to monetize their intellectual property while maintaining control over its use and the ability to license to multiple parties. This agreement, governed by English and Welsh law, is commonly used in commercial arrangements where brand exploitation across multiple channels or territories is desired. It details specific usage rights, quality standards, payment terms, and territorial restrictions while ensuring compliance with UK trademark legislation and competition laws. The non-exclusive nature allows the licensor to grant similar rights to other parties, making it particularly suitable for broad market exploitation strategies.
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1. Parties: Details of the licensor and licensee, including registered addresses and company numbers
2. Background: Context of the agreement, ownership of the trademark, and intention of the parties
3. Definitions: Key terms used throughout the agreement including Licensed Marks, Territory, and Licensed Products
4. Grant of Licence: Scope and nature of the non-exclusive licence granted, including permitted uses
5. Territory: Geographical scope of the licence and any territorial restrictions
6. Quality Control: Standards and control measures for trademark usage, including approval processes
7. Payment Terms: Licence fees, royalties, payment arrangements and reporting requirements
8. Term and Termination: Duration of the agreement and circumstances for termination
9. Governing Law: Specification of English and Welsh law as governing law and jurisdiction
1. Sub-licensing Rights: Provisions for granting sub-licences to third parties, if permitted
2. Marketing and Promotion: Requirements and restrictions for marketing and promoting licensed products
3. Export Restrictions: Specific provisions limiting export of licensed products outside the Territory
4. Minimum Performance Requirements: Minimum sales targets or usage requirements to maintain the licence
1. Schedule 1: Licensed Trademarks: Comprehensive list of all trademarks covered by the licence, including registration numbers
2. Schedule 2: Licensed Products/Services: Detailed specification of products or services permitted under the licence
3. Schedule 3: Quality Standards: Detailed quality control requirements and specifications
4. Schedule 4: Royalty Calculations: Detailed methods for calculating royalties, including reporting templates
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