ICC Model International Trademark License addresses the situation where the owner of a well-known trademark licenses the trademark to a company which will use it with respect to products not manufactured or sold by the licensor. In this case, it is assumed that the licensed products will be designed and developed by the licensee, and that the main preoccupation of the licensor is to ensure that the licensed products conform to the overall image of the licensor and its trademarks Parties are advised to use ICC Model International Trademark License as a basis for negotiation and for drawing up their own contracts, possibly with the assistance of a lawyer with international expertise.
Licensing trademarks is a staple of modern business practice, affecting large and small companies alike, across the spectrum of industries. In order to provide businesses with an accessible resource for a subset of trademark licensing transactions, the International Chamber of Commerce has prepared this Model International Trademark License agreement.
Designed for use by non-specialists in the area who are seeking reliable guidance and an adaptable contractual framework, this model covers situations where the owner of a known trademark licenses the mark to a manufacturer of products other than those made by the trademark owner. As with existing ICC model contracts, the model seeks to balance the interests of the licensor and licensee across a range of industries, and provides comprehensive notes and guidance regarding issues requiring consideration by the parties.