Contact:Tao Wang
Phone:917-720-5598
E-MAIL:tao.wang@trademarksearchglobal.com
Address:137 Est. Elm Street, Greenwich, CT 06830 USA
Trademark licenses have various risks for trademark owners and licensees. In the process of signing a trademark license contract, it is necessary to carefully study the relevant provisions to avert risks.
According to the degree of contract authorization or the status of the licensee in the contract, the trademark license can be divided into three basic types: exclusive license, sole license and simple license. Among the three licenses, the licensor and the licensee have significant differences in contractual rights and contractual obligations.
In addition, trademark owner also need to consider the scope of the license, the payment for the license fees, the maintenance of the trademark right, the liability for the guarantee, the obligation to active use, the supervision of the product quality etc.