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Trademark Licence Agreement Between Parent And Subsidiary
"I need a Trademark Licence Agreement Between Parent And Subsidiary to allow our UK parent company to license its pharmaceutical trademarks to our newly established German subsidiary, with strict quality control provisions and the ability to sub-license to distributors in Eastern Europe from January 2025."
1. Parties: Identification of the parent company (licensor) and subsidiary company (licensee)
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the trademark licence
5. Territory: Geographical scope of the licence
6. Quality Control: Standards and monitoring of trademark usage
7. Royalties: Payment terms and calculation methods
8. Term and Termination: Duration and termination provisions
1. Sub-licensing Rights: Additional provisions for when the subsidiary needs the right to sub-license to its own subsidiaries
2. International Usage: Additional provisions for when the licence extends beyond domestic territory
3. Group Company Provisions: Special provisions when multiple group companies are involved in the licensing arrangement
1. Schedule 1 - Licensed Trademarks: List and details of all licensed trademarks
2. Schedule 2 - Quality Control Standards: Detailed quality control requirements and procedures
3. Schedule 3 - Royalty Calculations: Detailed methodology for calculating royalties
4. Appendix A - Brand Guidelines: Technical specifications for trademark usage
5. Appendix B - Approval Procedures: Procedures for obtaining approval for trademark usage
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