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Trademark Sale Agreement
"I need a Trademark Sale Agreement under UAE law for the sale of my registered clothing brand trademark from my Dubai-based company to a multinational retail corporation, with completion planned for March 2025."
1. Parties: Identification of the Seller and Purchaser, including full legal names, registration details, and addresses
2. Background: Context of the agreement, including details of the trademark ownership and the parties' intention to enter into a sale transaction
3. Definitions: Definitions of key terms used throughout the agreement, including 'Trademark', 'Effective Date', 'Purchase Price', and other relevant terms
4. Sale and Transfer: Core provisions detailing the sale and transfer of the trademark, including the scope of rights being transferred
5. Purchase Price: Details of the consideration, payment terms, method of payment, and any adjustments
6. Completion: Requirements and conditions for completing the transfer, including timing and delivery obligations
7. Seller's Warranties: Warranties regarding ownership, validity, and non-infringement of the trademark
8. Registration and Recordal: Provisions regarding the recordal of the transfer with the UAE Trademark Office and other relevant authorities
9. Confidentiality: Obligations regarding confidential information exchanged during the transaction
10. Further Assurance: Obligations to execute additional documents and take further actions necessary to effect the transfer
11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
12. Execution: Signature blocks and execution formalities
1. Existing Licenses: Required if there are existing license agreements that need to be addressed or terminated
2. Tax Provisions: Detailed tax arrangements if there are specific tax implications or requirements
3. Transition Services: Required if the seller needs to provide support during a transition period
4. Non-Competition: Restrictions on seller's future use of similar marks, if agreed
5. Dispute Resolution: Alternative dispute resolution procedures if parties prefer arbitration or mediation
6. Force Majeure: Provisions for unforeseen circumstances affecting completion of the transfer
7. Assignment: Rights to assign the agreement to third parties, if permitted
1. Schedule 1 - Trademark Details: Comprehensive details of the trademark(s) being sold, including registration numbers, classes, and territories
2. Schedule 2 - Form of Transfer: Template transfer documents required for UAE Trademark Office recordal
3. Schedule 3 - Existing Licenses: List and details of any existing license agreements affecting the trademark
4. Schedule 4 - Payment Schedule: Detailed payment terms and installments if applicable
5. Schedule 5 - Required Consents: List of third-party and governmental consents required for the transfer
6. Appendix A - Power of Attorney: Form of power of attorney for trademark recordal procedures in the UAE
Authors
Retail
Consumer Goods
Manufacturing
Technology
Food & Beverage
Fashion & Luxury
Pharmaceuticals
Professional Services
Media & Entertainment
E-commerce
Healthcare
Automotive
Hospitality
Financial Services
Legal
Intellectual Property
Commercial
Brand Management
Business Development
Corporate Affairs
Compliance
Marketing
Finance
Company Secretariat
General Counsel
Legal Director
Intellectual Property Manager
Brand Manager
Commercial Director
Chief Legal Officer
Trademark Attorney
Legal Counsel
Corporate Lawyer
Business Development Director
Chief Executive Officer
Chief Commercial Officer
Licensing Manager
Company Secretary
Compliance Officer
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