Trade Mark Licence Agreement (Short Form)
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At a Glance
Trade Mark Licence Agreement (Short Form)
This Trade Mark Licence Agreement (Short Form) allows a trade mark owner (licensor) to grant another party (licensee) the right to use their registered or unregistered trade mark. It provides a clear, concise framework suitable for small businesses, consultants, and brand owners who want to control and protect their intellectual property while authorising use.
What This Agreement Covers
• Grant of licence and scope of permitted use
• Licensee’s undertakings to preserve IP rights and goodwill
• Indemnity for misuse or breach of licence conditions
• Procedures for improvements and ownership of derivative rights
• Inspection rights to protect the licensor’s goodwill
• Licence fees, variations, and late payment interest
• Term and termination clauses, including default and insolvency
• Confidentiality obligations and IP enforcement assistance
• Limitation of liability and assignment restrictions
• Formal notices, execution, and governing law provisions
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