A trademark license agreement is a legal document in which the licensor who owns the trademark allows the licensee to use the trademark by way of a grant of license and for consideration of the licensee paying to the licensor royalty fees. Trademarks are distinctive signs or indicators-usually phrases, logos, slogans, designs, images, or combination’s thereof-that identify a specific company or organization. Trademark protection is only about five years, so owners must work at protecting their mark.
Mrs. Fields Franchising entered into a trademark license agreement with Shadewell Grove for them to distribute and sell through designated distribution channels pre-packaged, ready-to-eat shelf stable brownies and ready-to-eat shelf stable dessert toppings and syrups, each utilizing the Mrs. Fields trademarks, service marks and trade names. And in 2005, Drinks America drafted a trademark license agreement as part of a distributor rights agreement with Old Whiskey River Distilling Company. Both of these trademark license agreements can be found on the RealDealDocs.com website, in addition to a number of other legal documents drafted by the nation’s top companies.
RealDealDocs.com is a leading online legal document resource for use as sample and template legal documents. RealDealDocs.com is host to millions of legal documents drafted by the top law firms across the country.
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About : RealDealDocs.com is a leading online legal document resource offering millions of sample legal agreements, contracts and clauses. Members can edit, print and download copies of real legal documents used and drafted by the top law firms for both Fortune 500 Companies and small cap operations.
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