Properly thought out and managed trademark license arrangements can be win-win opportunities for all parties, including the public. The document that goes a long way toward realizing this opportunity is the trademark license agreement. This agreement is a written contract in which the holder of a trademark (licensor) grants the revocable right to a second party (licensee) to use the holder's trademark in exchange for royalty fees. Check this article out to learn more.
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[Source: Legal Articles from EzineArticles.com - Posted by FreeAutoBlogger]
Crash Course on Trademark License Agreements
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