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Business > Entrepreneurship What is a trademark license agreement?

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A trademark license is an agreement between a trademark owner (the "licensor") and another person or business entity (the "licensee") in which the licensor gives permission to the licensee to use its trademark or trademarks in commerce. If you are a trademark owner, a formal written trademark license agreement is recommendable if you intend to allow another person or business entity to use your trademark or trademarks. If you do not have a formal written trademark license agreement in place, you are putting your trademark rights at risk. If you allow others to use your trademarks without a...

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