Trademark Cross-License Agreement

Other non-patented intellectual property rights, such as copyrights and trademarks, may also be cross-licensed. For example, a literary work and an anthology containing this literary work can be conceded between two publishers. A cross-licensing for computer software may include a combination of patent, copyright and trademark licenses. There are many nuances to each brand licensing agreement. We hope this list will help guide your discussions and licensing plans. As you know, it`s not always easy to back up your trademark rights, so use your licenses to protect them! Companies that opt for multi-licensing agreements, sometimes called patent pools, can benefit from a number of advantages: a cross-licensing agreement is a contract between two or more parties, by which each party grants other parties intellectual property rights. As a proud brand owner, you will encounter a number of situations that may lead you or your business to consider licensing. Navigating when selecting a brand, searching for a brand and ensuring a trademark registration is no small feat. Now that you`ve achieved these goals, it`s important to make sure you get the most out of your investment in time, energy and money. A trademark license can be the most effective way to ensure that your trademark rights benefit you in the first place and not to third parties. A brand license can take many forms.

Sometimes, two trademark owners give each other a cross-license that allows the other to use its trademarks. In other cases, an owner may grant an exclusive trademark license to a distributor in a given country. If you think your Dallas/Fort Worth business could benefit from a cross-licensing agreement, we`d like to help you explore your options. Call Gagnon`s lawyers, Peacock-Vereeke, P.C., at (214) 824-1414 to speak to a qualified lawyer who can give you the advice and support you need today. In the field of intellectual property, many companies believe that cross-licensing contracts are incredibly advantageous. A cross-licensing agreement is a contractual agreement between two or more parties, in which each party will be granted rights to a technology, product, research or other object. Cross-licensing usually occurs between companies holding patents on different aspects of the same product. The conclusion of an agreement will allow any company concerned to avoid disputes relating to infringement proceedings. In patent law, a cross-licensing agreement is an agreement under which two or more parties issue each other a license for the exploitation of the object claimed in one or more of the patents.

[1] As a general rule, this type of agreement takes place between two parties in order to avoid litigation or to settle infringement proceedings. [2] Very often, the patents held by each party cover different essential aspects of a given commercial product. By granting a cross-licensed, each party retains its freedom to market the product. The term “cross-licensing” implies that neither party pays a silver licence to the other party, which may be the case. Parties entering into cross-licensing agreements must be careful not to violate cartel and abuse of dominance laws and regulations. This can easily become a complex subject that includes (for the European Union) art. 101 and 102 of the Treaty on the Functioning of the European Union (TFUE), formerly art. 81 and 82 of the EC Treaty (abuse of dominant position, etc.), as well as guidelines on licences, agreements, etc. In addition to the general benefits, some cross-licensing contracts are based on an unlicensed state, saving even more money. While the benefits far outweigh the costs, these agreements are legal contracts that companies enter into with their competitors.

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