If the property granted is a trademark, the license agreement must contain appropriate quality control provisions. The licensor should have the right to authorise all licensed products and all associated packaging and advertising materials before goods or advertisements are made public. Depending on the ownership and nature of the goods covered by the agreement, the licensor may apply for authorisation rights at different stages, including first plans and specifications, production models and final production processes. The licensor should also have the right to obtain samples of goods and promotional material during the term of the contract in order to confirm that there has been no derogation from previously approved models. If the licensed property is a trademark, the license agreement must contain adequate quality control provisions, otherwise the licensor may lose its rights to the trademark. Exclusivity and distribution channels Licensees generally aim for exclusive rights to sell goods using the licensor`s assets. The question is to what extent these exclusive rights should be broad. However, before the proposed exclusivity conditions can be accepted, the licensor must first ensure that the licensee is able to exploit it in the indicated distribution channels, while being even more cautious in granting an intellectual property license to the original licensors. Product authorizations, models Both parties benefit from clearly defined quality assurance measures. Licensors often strive to authorize products at different stages of development and production to ensure that quality is sufficient, that all copyright and/or trademark notices are included, and that the product is not opposed to the licensor`s branding. Authorisation fees should include promotional and promotional materials. While this feedback is useful, the licensee should try to define the period during which the licensor can provide permissions or feedback in order to avoid production/distribution delays. A licensor that is generally difficult to reach (e.g.

B an artist on tour) is advised to insist on an open period to issue the authorization. Although rights holders and their licensees find a happy medium at the end of the day, this checklist aims to promote more effective negotiations by highlighting key issues and the stakes of each party. If you need support for a merchandise license agreement or other products (such as film, television, etc.), please contact Brad Auerbach at bauerbach@outsidegc.com or 310-382-0019. A merchandising agreement can cover a character, mascot or logo that is easily recognized by the public. It could also be used for software or other patented technology as a manufacturing process. Such agreements may or may not be exclusive. With a merchandising agreement, you can define the roles and responsibilities of both parties, including who retains the rights to the item you are granting. They can define the geographies in which the product is sold, the lifespan, and financial details such as royalties or payments per unit sold. You can also include quality control settings to ensure that new products are up to snout tobacco. Since there is always potential for argument, you should probably prepare a method of conflict resolution in advance.

If you`re lucky enough to sell the rights to your creation, or if you have a great idea for new licensed memories or profitable use for patented technology, a merchandising agreement will help you fix the details. Other names for this document: Merchandising Agreement, Merchandise License Agreement The license agreement should clearly identify the property to be granted or the features to be granted. The licence agreement should clearly identify the immovable property to be granted (e.g.B . . .