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Intercompany Trademark License Agreement Generator for Singapore

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Key Requirements PROMPT example:

Intercompany Trademark License Agreement

"I need an Intercompany Trademark License Agreement governed by Singapore law to allow our Malaysian subsidiary to use our company's registered trademarks for our technology products, with the agreement to commence from March 1, 2025, including specific quality control requirements and a 3% royalty rate."

Document background
An Intercompany Trademark License Agreement is essential for multinational corporations and company groups operating in Singapore to formalize trademark usage arrangements between affiliated entities. This document is particularly important for ensuring proper brand control, maintaining trademark rights, and complying with Singapore's regulatory requirements, including transfer pricing regulations. It sets out clear guidelines for trademark usage, quality control measures, and financial arrangements between group companies while protecting the trademark owner's intellectual property rights.
Suggested Sections

1. Parties: Identification of licensor and licensee entities

2. Background: Context of the agreement and relationshIP between parties

3. Definitions: Key terms used tHRoughout the agreement

4. Grant of License: Scope and nature of trademark license

5. Territory: Geographical scope of license

6. Term and Termination: Duration and termination provisions

7. Quality Control: Standards and monitoring requirements

8. Royalties: Payment terms and calculation methods

9. Protection and Enforcement: Rights and obligations regarding trademark protection

Optional Sections

1. Sub-licensing Rights: Additional provisions for when sub-licensing is permitted to subsidiaries or related entities

2. Non-Competition: Specific restrictions on competitive activities when parties operate in the same market

3. Transfer Pricing Compliance: Specific provisions for transfer pricing compliance in cross-border licensing arrangements

Suggested Schedules

1. Schedule 1: Licensed Trademarks: Comprehensive list and details of all licensed trademarks including registration numbers

2. Schedule 2: Quality Standards: Detailed quality control requirements and specifications

3. Schedule 3: Royalty Calculations: Detailed methodology for calculating royalties and payment terms

4. Appendix A: Brand Guidelines: Visual and usage guidelines for the licensed trademarks

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























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Industries

Trade Marks Act (Chapter 332): Primary legislation governing trademark protection in Singapore, covering registration requirements, rights conferred by trademark registration, licensing provisions, and infringement provisions

Trade Marks Rules: Subsidiary legislation detailing procedural requirements, registration processes, and license recordal requirements for trademarks in Singapore

Competition Act (Chapter 50B): Legislation governing anti-competitive practices and intercompany relationshIP considerations that may affect trademark licensing arrangements

Companies Act (Chapter 50): Corporate law framework governing related party transactions and corporate governance requirements relevant to intercompany agreements

Income Tax Act: Tax legislation relevant for transfer pricing considerations and tax implications of royalty payments in trademark licensing

Madrid Protocol: International treaty system for trademark registration affecting cross-border trademark protection and licensing

TRIPS Agreement: International agreement establishing minimum standards for IP protection and enforcement requirements

IPOS Guidelines: Administrative guidelines and best practices issued by the Intellectual Property Office of Singapore

Common Law PrincIPles: Fundamental contract law princIPles, equity, and trust princIPles applicable to license agreements under Singapore law

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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