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Brand Licence Agreement | Download Free Template

Team Lawyered
Team Lawyered
  • Aug 6, 2022
  • 2 min to read
Brand Licence Agreement | Download Free Template Lawyered
  1. What is a Brand License Agreement?

A Brand license agreement is a business contract shared between two parties. A licensor, who owns the product or brand; and the licensee, who purchases the license with the intent to work with the existing product or brand. Simply put, it is a contract that allows one company to use another company’s intellectual property.

 

  1. Why is it important?

  1. Brand licensing partnerships allows brands/licensors to explore and expand into new product lines

  2. It help in significant expansion of their customer base.

  3. It’s much easier for your brand to reach new markets with a licensing deal

  4. It reduces the risks for both parties involved.

 

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Team Lawyered
Team Lawyered

Lawyered is a legal tech initiative designed to change the way people interact with and within the legal industry. We believe that access to critical services like legal should be just a click away. Our team is working to bring legal online, making it cost effective, high quality and accessible for all.

Comments:

Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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