Trade mark licence from a shareholder to a company, for the grant of a licence to the company to use trade marks owned by the shareholder for the company’s business
Use this document:
- for a licence of trade marks from a shareholder to a company
- for registered and/or unregistered trade marks
- for a licensee company which is a private limited company incorporated in England and Wales
Key features include:
- 17 clauses and one schedule over 11 pages
- alternative wording depending on whether the licence is exclusive or non-exclusive
- optional provisions for either a royalty-free licence or for payment of a royalty based on the percentage of sales
- restrictions on the use of the trade marks by the company
- termination rights for the licensor, including the licensor ceasing to be a shareholder in the licensee
When use a shareholder trade mark licence?
One of the shareholders in a company may own a trade mark which the company requires for its business.
The shareholder may want to retain the ownership of the trade mark but to allow the company to use the trade mark in its business whilst the shareholder remains a shareholder in the company.
The licence of the trade mark could be:
- exclusive or non-exclusive: if exclusive, the shareholder will not be permitted to allow other third parties to use the trade mark whilst the licence is in force
- limited to a particular territory
- royalty free or subject to payment of a royalty, for example a royalty of a specified percentage of the sales made by the company
The licensing shareholder will want to retain control of the manner in which its trade mark is used by the company.
The licensing shareholder may also want the licence to come to an end should it cease to be a shareholder in the company.
All Paper Rock legal templates are written by highly qualified English lawyers that are currently practising in the field of commercial and corporate law. The templates you download here reflect the same quality as if you’d instructed our lawyers to draft them for you. They also write all our document descriptions so you can rest assured every bit of information is legally accurate up to date.
Whatever your method of purchase, there is no limit to the number of times you can download your templates. However, many customers prefer to invest in an annual subscription. This offers exceptional value with unlimited downloads from our entire document library.
The Paper Rock team is available to answer questions via Live Chat during UK business hours. When live chat is unavailable, email support@paperrock.com. We aim to respond to your emails within a 24-hour period. We also encourage you to ask questions via our social channels.Â