Trademark Licence Agreement
What is a Trademark Licence Agreement?
A trademark is an Intellectual Property Right recognised in terms of our law. A trademark is a brand name, a slogan or a logo. It identifies the services or goods of one person and distinguishes it from the goods and services of another.
When you licence a Trademark to another person, you provide that person with a right to use the Trademark in accordance with the Trademark Licence Agreement.
When do I need this?
If you do not want to give ownership of the Trademark to another person and you only want to provide a right to use the Trademark, then you must use a Trademark Licence Agreement.
Do I need a legal expert to assist?
Intellectual Property Law is a specialised field. If you are not experienced with these types of transactions, we recommend that you engage one of our Contract Specialists to ensure that all the relevant considerations have been taken into account.