Brand License Agreement Sec

As a result, many parties may simultaneously hold licenses for the same IP. Therefore, although the licensor does not grant additional licenses, the licensor may continue to use the IP and all previous licenses may remain in effect. If you own a patent on a piece of useful technology, have a copyright in a popular photo, have protected a special image through trademark law, or own another invention or creative work that allows you to make money, you need a licensing agreement. This agreement allows you to set the terms of everything related to that specific IP and to protect your proprietary rights, including how the licensee may use the IP, who owns the IP, who may sublicense the IP, the price of the license for the IP, and the length of time the licensee may use the IP. Specific brand and product guidelines below), don`t do the following: Do you want to license software? Click here to create an End User License Agreement or Software License Agreement. A license agreement is an advantageous legal document between two parties – the licensor or the person holding the intellectual property (IP) and the licensee or person who obtains a license to use the IP. The licensor may own a copyright, trademark, patent, service mark, trade secret, know-how or other IP..

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