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ICC Model International Trademark Licence is the newest addition to the series of international model business contracts developed and published by ICC. This model contract addresses the situation where the owner of a well-known trademark licences the trademark to a company which will use it with respect to products other than those manufactured or sold by the licensor.
In this case, it is assumed that the licenced products willbe designed and developed by the licensee, and that the main preoccupation of the licensor is to ensure that the licenced products conform to the overall image of the licensor and its trademarks.
Parties are advised to use ICC Model International Trademark Licence as a basis for negotiation and for drawing up their own contracts, possibly with the assistance of a lawyer with international expertise.
ICC Model International Trademark Licence is another important resource for attorneys and companies engaged international trade. It carries the authority of ICC, the organization that pioneered many of the basic rules. and mechanisms at the heart of international business.
