This licence of trade marks document can be used by a trade mark proprietor to license rights in registered and/or unregistered trade marks to a licensee.
The trade mark licence may be adapted to favour the interests of either party, or to balance the parties' interests as appropriate. You can review the selected sections from the licence by clicking here:
Sample Licence of Trade Marks
Under Section 28(2) of the Trade Marks Act 1994, a licence of a registered trade mark is not effective unless it is in writing signed by or on behalf of the grantor.
A grant of a licence of a registered trade mark is a registrable transaction under Section 25 of the Trade Marks Act 1994. A licence of a UK registered trade mark should be registered with the UK Intellectual Property Office using Form TM51. The termination of such a licence should be registered using form TM52.
The template licence of trade marks contains the following provisions:
(1) Definitions and interpretation
(4) Licence of Trade Marks
(5) Restrictions on use of Trade Marks
(6) Warranties and undertakings
(8) Third party infringement
(10) Limitations and exclusions of liability
(12) Effects of termination
The document is 14 pages long (including the cover sheet) and is provided in Word (.doc) format.