Legal Company
Advocate

License Agreement

Preparation and consultations on concluding license agreements for the right to use (lease) a trademark (TM)

Do you already have a registered trademark and want to earn profit from granting the rights to use your brand image?

Order the preparation of such an agreement and its subsequent registration by specialists and protect yourself from improper use of your work.

Analysis

1500 UAH

  • from 1 day
  • lawyer’s recommendations
  • analysis of legal risks
  • handling objections
  • 1 hour of lawyer’s work

Suitable for clients who already have their own contract template or one provided by a counterparty that needs to be checked for “pitfalls” before concluding the deal

what we do:

  • identification of risks
  • our wording to reduce risks and protect the client’s interests

As a result the client receives a quality opinion and professional recommendations for mitigating any identified financial and legal risks

Paid additionally

  • Negotiations with the counterparty
  • Support during signing
  • Document implementation
  • Amendments

Complex

7500 UAH

  • from 5 days
  • contract, act, invoice
  • involvement of experts
  • 5 hours of lawyer’s work

Suitable for preparing complex contracts (international agreements, leasing, franchising and other complex agreements)

what we do:

  • analysis of the client’s task
  • drafting a standard contract

As a result, the client receives a high-quality complex contract ready for use in a specific case

Paid additionally

  • Negotiations with the counterparty
  • Support during signing
  • Document implementation
  • Amendments
*Important:
  1. To order the service, it is necessary to fill out the “task specification” form
  2. The Standard and Premium packages include two and three edits respectively; additional edits are billed hourly
  3. The more detailed the task specification, the faster the document is prepared and the lower the cost
  4. The start of order execution is the lawyer’s confirmation of the transfer of all necessary information to carry out the order.
Cost of preparing/registration of an agreement on the transfer of ownership (use) rights of a trademark (TM)
ServicePrice (UAH)Timeframes

Drafting a contract

600

1 business day

Contract registration

1600

from 5 business days

Advantages of copyright registration:
  • having a Copyright Certificate;
  • the possibility of transferring the right to the authorized capital (company balance);
  • the possibility of selling (renting) the copyright for profit;

A license agreement is an agreement according to which the holder of the certificate for a mark for goods and services (the trademark owner) or the licensor (according to the legal definition) may grant an interested party or the licensee (according to the legal definition) the right to use the trademark in exchange for remuneration and under previously agreed conditions. In short, a license allows you to acquire the right to use a trademark under specified conditions for a set period.

Legally, such relations are possible only after mandatory state registration of the trademark (obtaining the certificate). The procedure provided by law envisages that the trademark must first undergo state registration, and only thereafter may a licensing agreement be concluded. These rules are stipulated by Chapter 75 of the Civil Code. The Code also states that a licensing agreement for a trademark or patent is not subject to mandatory state registration. Nevertheless, the parties may register the license agreement based on mutual arrangements.

Advantages of a license agreement for the rights holder (licensor):

  • in any case, the licensor remains the owner of the trademark;
  • the licensor can limit the rights granted to the trademark by scope, territory, and duration;
  • the licensor retains the rights to use the trademark alongside the licensees;
  • the licensor has the right to issue an unlimited number of licenses for the trademark;
  • the licensor has the right to choose the most suitable method of payment for granting the license (as lump-sum payments, royalties, or a combination thereof).

Advantages of a license agreement for the licensee:

  • the ability to operate and produce products under an already registered trademark;
  • savings of one’s own funds and time required to bring one’s own trademark to market;
  • gaining the lion’s share of customers thanks to the existing brand image;
  • possibility to grant sublicenses (possible in case of obtaining an exclusive license).
Nakaz UA
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