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Trademark License Agreement Between Parent And Subsidiary Template for Saudi Arabia

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Key Requirements PROMPT example:

Trademark License Agreement Between Parent And Subsidiary

"I need a Trademark License Agreement Between Parent And Subsidiary for our Saudi manufacturing company to license our industrial equipment trademarks to our new subsidiary, with strict quality control provisions and the ability to sub-license to authorized service centers starting March 2025."

Document background
The Trademark License Agreement Between Parent And Subsidiary is essential for corporate groups operating in Saudi Arabia who need to formalize the use of trademarks within their organization. This document is particularly relevant when a parent company wants to maintain control over its intellectual property while allowing its subsidiary to use the trademarks in their business operations. The agreement must comply with Saudi Arabian trademark law, commercial regulations, and Sharia law principles, including requirements for quality control and registration with local authorities. It typically includes detailed provisions about the scope of use, territorial restrictions, quality standards, and reporting requirements, while considering the unique aspects of intra-group relationships. This document is commonly used during subsidiary establishment, business expansion, or when formalizing existing trademark usage arrangements within a corporate group.
Suggested Sections

1. Parties: Identification of the parent company (licensor) and subsidiary (licensee), including full legal names and registration details

2. Background: Context of the agreement, explaining the parent-subsidiary relationship and the purpose of the trademark license

3. Definitions: Key terms used throughout the agreement, including definition of Licensed Marks, Territory, and Products/Services

4. Grant of License: Scope of the trademark license, including territory, exclusivity, and permitted use

5. Term and Termination: Duration of the license and circumstances under which it may be terminated

6. Quality Control: Parent company's right to control quality of products/services offered under the Licensed Marks

7. Use of the Licensed Marks: Specific requirements and restrictions regarding the use of the Licensed Marks

8. Ownership and Goodwill: Confirmation of parent company's ownership and provisions regarding accrual of goodwill

9. License Fee: Details of any licensing fees or royalties (even if nominal due to the relationship)

10. Maintenance and Protection: Responsibilities for maintaining and protecting the Licensed Marks

11. Representations and Warranties: Basic warranties regarding ownership and right to license the marks

12. General Provisions: Standard clauses including governing law, notices, and amendments

Optional Sections

1. Sub-licensing Rights: Include when the subsidiary needs the right to sub-license to its own subsidiaries or authorized dealers

2. Group Use Provisions: Include when other group companies need rights to use the Licensed Marks

3. Export Restrictions: Include when the subsidiary's use of the marks needs to be restricted to specific territories

4. Marketing and Promotion: Include when specific requirements for marketing and promotion need to be detailed

5. Change of Control: Include when specific provisions are needed for change in subsidiary ownership

6. Technology Transfer: Include when the license includes associated technical knowledge or know-how

7. Shariah Compliance: Include specific provisions ensuring compliance with Islamic law principles when relevant

Suggested Schedules

1. Schedule 1 - Licensed Marks: Detailed list of all licensed trademarks, including registration numbers and status

2. Schedule 2 - Products and Services: Comprehensive list of products/services for which the marks may be used

3. Schedule 3 - Brand Guidelines: Specific requirements for visual representation and usage of the marks

4. Schedule 4 - Quality Control Procedures: Detailed procedures for quality control and approval processes

5. Schedule 5 - Territory: Detailed definition of the geographic territory covered by the license

6. Appendix A - Form of Quality Control Report: Template for regular quality control reporting

7. Appendix B - Contact Details: Key contacts for both parties for various aspects of license management

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions










































Clauses






































Relevant Industries

Manufacturing

Retail

Technology

Financial Services

Healthcare

Consumer Goods

Telecommunications

Professional Services

Food and Beverage

Automotive

Energy

Hospitality

Relevant Teams

Legal

Intellectual Property

Compliance

Corporate Governance

Marketing

Brand Management

Business Development

Commercial Operations

Corporate Affairs

Risk Management

Relevant Roles

General Counsel

Intellectual Property Manager

Legal Director

Corporate Secretary

Compliance Officer

Brand Manager

Chief Legal Officer

Commercial Director

Business Development Manager

Chief Executive Officer

Chief Operating Officer

Trademark Attorney

Corporate Lawyer

Marketing Director

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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