The Intercompany Trademark License Agreement is essential for multinational corporations and company groups operating in Malaysia who need to establish clear trademark licensing arrangements between their related entities. This document is typically used when a parent company or designated IP holding company needs to grant trademark usage rights to subsidiaries or affiliated companies while maintaining control over the brands. The agreement must comply with Malaysian trademark law, particularly the Trademarks Act 2019, while also addressing corporate law requirements and transfer pricing considerations. It includes detailed provisions for quality control, royalty payments, and trademark protection measures, ensuring both legal compliance and effective brand management within the corporate group structure.
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1. Parties: Identification of the licensor and licensee companies, including registration details and addresses
2. Background: Context of the agreement, relationship between the parties, and ownership of the relevant trademarks
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Scope of the trademark license, including territory, exclusivity, and permitted uses
5. Term and Termination: Duration of the agreement and circumstances for termination
6. Quality Control: Standards and procedures for maintaining trademark quality and reputation
7. Royalties and Payment Terms: Financial terms, including royalty calculations and payment procedures
8. Maintenance and Protection: Responsibilities for maintaining and protecting the licensed trademarks
9. Representations and Warranties: Standard warranties regarding trademark ownership and authority to license
10. Infringement: Procedures for dealing with trademark infringement by third parties
11. Confidentiality: Protection of confidential information exchanged under the agreement
12. General Provisions: Standard boilerplate clauses including governing law, notices, and amendment procedures
1. Sub-licensing Rights: Include when the licensee needs the right to grant sub-licenses to other entities
2. Group Company Rights: Include when extending rights to other companies within the corporate group
3. Manufacturing Standards: Include when the license involves manufacturing of branded products
4. Marketing and Promotion: Include when specific marketing requirements or restrictions are needed
5. Export Restrictions: Include when there are territorial restrictions on export of licensed products
6. Technology Transfer: Include when associated technical knowledge needs to be transferred
7. Corporate Social Responsibility: Include when specific CSR standards need to be maintained
1. Schedule 1 - Licensed Trademarks: Detailed list of all licensed trademarks, including registration numbers and status
2. Schedule 2 - Licensed Products/Services: Specification of products or services covered by the license
3. Schedule 3 - Quality Standards: Detailed quality control requirements and specifications
4. Schedule 4 - Royalty Calculations: Detailed methodology for calculating royalties and transfer pricing compliance
5. Schedule 5 - Brand Guidelines: Technical specifications for trademark usage and brand standards
6. Schedule 6 - Territory: Detailed description of the licensed territory and any restrictions
7. Appendix A - Approval Procedures: Procedures for obtaining approval for trademark usage
Relevant legal definitions
Clauses
Relevant Industries
Consumer Goods
Retail
Technology
Manufacturing
Pharmaceuticals
Food and Beverage
Fashion and Apparel
Automotive
Electronics
Telecommunications
Healthcare
Hospitality
Financial Services
Relevant Teams
Legal
Intellectual Property
Brand Protection
Corporate Affairs
Finance
Compliance
Commercial
Tax
Brand Management
Corporate Governance
Marketing
Relevant Roles
Legal Counsel
IP Manager
Brand Protection Manager
Corporate Counsel
Licensing Manager
Commercial Director
Chief Legal Officer
Head of Intellectual Property
Compliance Officer
Group General Counsel
Brand Manager
Corporate Secretary
Chief Financial Officer
Transfer Pricing Manager
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