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Intercompany Trademark License Agreement for Hong Kong

Intercompany Trademark License Agreement Template for Hong Kong

A comprehensive legal agreement governed by Hong Kong law that facilitates the licensing of trademarks between related companies within the same corporate group. The agreement establishes the terms and conditions for trademark usage, including quality control requirements, territorial restrictions, and usage guidelines, while ensuring compliance with Hong Kong trademark legislation and registration requirements. It addresses specific intercompany considerations such as royalty structures, group-wide brand protection strategies, and corporate governance requirements, providing a framework for efficient trademark management within corporate groups.

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Intercompany Trademark License Agreement

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What is a Intercompany Trademark License Agreement?

The Intercompany Trademark License Agreement is essential for multinational corporate groups operating in or through Hong Kong who need to establish clear legal frameworks for trademark usage within their organization. This document is typically used when a group company owns valuable trademark rights and needs to license them to other entities within the same corporate group, ensuring proper trademark protection while facilitating business operations. The agreement incorporates Hong Kong trademark law requirements, including provisions for quality control, trademark maintenance, and license recordal where necessary. It addresses specific intercompany considerations such as transfer pricing implications, group-wide brand protection strategies, and corporate governance requirements. The document is particularly important in the context of Hong Kong's role as a major business hub, where many multinational companies structure their intellectual property holdings and licensing arrangements.

What sections should be included in a Intercompany Trademark License Agreement?

1. Parties: Identification of the licensor and licensee companies, including registration numbers and registered offices

2. Background: Context of the agreement, relationship between the parties, and trademark ownership status

3. Definitions: Definitions of key terms used throughout the agreement, including 'Licensed Marks', 'Territory', and 'Licensed Products'

4. Grant of License: Scope of the license, including territory, exclusivity/non-exclusivity, and sublicensing rights

5. Term and Termination: Duration of the license and circumstances under which it can be terminated

6. Quality Control: Standards for use of the trademarks and licensor's right to monitor and control quality

7. Maintenance and Protection: Responsibilities for maintaining trademark registrations and protecting against infringement

8. Usage Guidelines: Specific requirements for how the trademarks must be used, including format and placement

9. Royalties and Payment: Financial terms, even if nominal for intercompany arrangements

10. Warranties and Representations: Basic warranties regarding trademark ownership and right to license

11. Infringement: Procedures for dealing with third-party infringement and unauthorized use

12. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction

13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Intercompany Trademark License Agreement?

1. Tax Provisions: Specific intercompany tax considerations and transfer pricing provisions, needed if there are cross-border implications

2. Sublicensing Rights: Include if the licensee needs the right to sublicense to subsidiaries or affiliates

3. Marketing and Promotion: Specific requirements for marketing activities, needed if licensee will actively promote products

4. Corporate Social Responsibility: Group-wide CSR requirements, include if part of corporate policy

5. Exit Provisions: Detailed provisions for corporate restructuring or group reorganization scenarios

6. Compliance with Group Policies: Reference to relevant group-wide policies, needed if applicable

7. Recordal Provisions: Specific provisions about trademark license recordal, needed if required by local law or company policy

What schedules should be included in a Intercompany Trademark License Agreement?

1. Schedule 1 - Licensed Trademarks: Detailed list of all licensed trademarks, including registration numbers and classes

2. Schedule 2 - Licensed Products/Services: Comprehensive list of products/services covered by the license

3. Schedule 3 - Territory: Detailed definition of the geographic territory covered by the license

4. Schedule 4 - Brand Guidelines: Technical specifications for trademark usage and brand standards

5. Schedule 5 - Quality Control Procedures: Detailed quality control requirements and inspection procedures

6. Schedule 6 - Royalty Calculations: Method for calculating any intercompany royalties or fees

7. Appendix A - Form of Quarterly Report: Template for required usage and quality control reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Genie AI

Document Type

Security Agreement

Cost

Free to use
Relevant legal definitions






































Clauses



































Relevant Industries

Consumer Goods

Retail

Technology

Pharmaceuticals

Fashion and Luxury

Food and Beverage

Manufacturing

Financial Services

Media and Entertainment

Professional Services

Telecommunications

Automotive

Relevant Teams

Legal

Intellectual Property

Brand Management

Commercial

Compliance

Corporate Governance

Marketing

Business Development

Finance

Tax

Relevant Roles

Legal Counsel

Intellectual Property Manager

Brand Protection Manager

Commercial Director

Chief Legal Officer

Trademark Attorney

Corporate Counsel

Licensing Manager

Brand Manager

Chief Intellectual Property Officer

Group General Counsel

Commercial Contracts Manager

Head of Legal

Company Secretary

Compliance Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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