Trademarks Licence Agreement whereby the Licensor grants the Licensee the right to use the trademarks for products, goods or services. This is drafted in Neutral Form.
The Licensor is the owner of [TRADEMARK] and the Trademarks (as defined below).
The Licensor has agreed to grant the Licensee a licence to use the Trademarks, on the terms and conditions set out in this agreement.
In consideration of the payments to be made by the Licensee to the Licensor under clause 4, the Licensor grants to the Licensee a [LICENSE] licence during the Term to use the Trademarks in relation to the provision of the Licensed Services in the Territory, subject to the terms of this agreement.
The Licensee acknowledges that, to the extent the licence granted under clause 2.1 relates to territories in which the Licensor has not registered the Trademarks, the Licensor only licenses the unregistered right, title and interest in the Trademarks which it owns (if any).
The Licensor shall record the licence granted to it under clause 2.1 with the Trademark Office. The Licensor may require the Licensee to execute at any time during the Term short form recordal licences for each of the registered Trademarks for recordal at the Trademark Office, the terms of which shall be no more onerous than the terms of this agreement. All information which the Licensee proposes to provide to the Trademark Office (including the wording of the short form recordal licence) must be approved in advance by the Licensor. The Licensor may refuse its permission for the Licensee to provide certain information to the Trademark Office if the Licensor is of the opinion that such disclosure is unnecessary.
On the early termination of this agreement, the Licensor and Licensee shall notify in writing the Trademark Office and any other relevant authorities. The Licensee shall assist the Licensor at the Licensor's cost (save for termination under clause 12.2, where the cost shall be borne by the Licensee) as necessary to achieve cancellation.