Common Contracts
1 similar Product Licensing Agreement contracts
Product licensing agreement pdfProduct Licensing Agreement • October 27th, 2020
Announcement - Continuing to read under licensing agreements are a way to make money from intellectual property, such as a copyright, trademark, or patent, also known as intangible property. The agreement grants the licensor, who owns the intangible asset, a fee for allowing a licensee to market or use it. A good licensing agreement can make money for both parties. A sports team, for example, has a valuable brand, the team's name and logo—but it probably doesn't have the time or energy to develop and market T-shirts, bobble head figures, coffee mugs, and all the other items that come out with your logo. Instead, the team reaches licensing agreements with vendors and manufacturers to do that work for him. •An actor can license his or her resemblance to a doll or lend his or her name to a jewelry line. •The creators of a TV show may license derivative novels or Lego figures. •A greeting card company can negotiate an agreement to use a popular character like Snoopy or Spider-Man on a card
