Where a draft agreement has been submitted for evaluation, the registration certificate shall be issued two (2) days after the submission of the duly signed agreement, provided that it does not contain any amendments or amendments not approved by the Bureau. This is a standard trademark licensing agreement for parties who wish to license trademark material. Download this trademark license agreement for free. (2) Rights of the Licensee. The licensee shall have the right to use the subject matter of the technology transfer contract for the duration of the technology transfer contract. (§ 90 CHAPTER IX PART II OF THE INTELLECTUAL PROPERTY ACT) (1) That the laws of the Philippines govern the interpretation of the Agreement and, in the event of a dispute, the place of jurisdiction shall be the ordinary jurisdiction of the place where the Customer has its registered office; Article 11. Recognition of existing intellectual property rights. When considering requests for exemption from clauses restricting the use of technology provided after the expiry of the technology transfer agreement in accordance with Article 87.9 of the Intellectual Property Code, the Office shall take into account the protection of patents, copyrights, trademarks, undertakings or other intellectual property rights in force, even after the end or expiry of the technology transfer agreement. As a precautionary measure, atT parties may also submit their draft contracts to a preliminary examination to ensure compliance with the voluntary licensing provisions of the Intellectual Property Code. The application shall be accompanied by a copy of the agreement, the payment of the relevant fees and other documents that the Bureau may require in support of the application and establish the merits of the application. (13) those which prevent the licensee from adapting the imported technology to local conditions or from introducing innovations, provided that they do not violate the standards prescribed by the licensee; and a franchise agreement in accordance with the provisions of the Intellectual Property Act on mandatory and prohibited clauses cannot be registered at the time of the IPO. There is therefore a fine line between the license agreement and the franchise agreement. However, if you are wondering whether you should enter into a license agreement or a franchise agreement, you should consider the purpose of the agreement and all the things discussed above as a guideline for your decision.

(a) an agreement amending any of the provisions of the agreement; (a) new agreements – within 30 days of the date of implementation or entry into force, whichever is earlier; (b) renewal agreements – within 30 days of the expiry of the existing technology transfer contract; and c) Modification Agreements – within thirty (30) days of such modification or modification.cralaw 2. those for which the Licensee reserves the right to set the selling or resale prices of the products manufactured on the basis of the License; (1) DITTB approval prior to IPO. Any trademark license agreement under the jurisdiction of SEC. 150.1 and § 150.2, Part III of the Intellectual Property Code, must be submitted to the DITTB for approval. (1) Rights of the Licensee. Unless otherwise provided in the technology transfer agreement, the granting of licences shall not prevent the supplier from granting further licences to third parties or from using the subject matter of the technology transfer agreement itself. (SEC City 89, CHAPTER IX, PART II of the INTELLECTUAL PROPERTY CODE) cralaw 9. Those who restrict the use of the technology provided after the expiry of the technology transfer agreement, unless the technology transfer agreement is terminated prematurely for reasons for which the customer is responsible; After a certificate has been issued, the DITTB registers the TTA title, the parts, the registration number, the date of registration and the type of certificate in the register of certificates. (Article 6.6, Revised Internal Rules). (b) renewal agreements – at any time before the expiry of the term of the existing technology transfer agreement; and amendments.

This Agreement may only be amended, supplemented, modified or supplemented if there is a written agreement signed by the Parties. Article 11. Recognition of valid intellectual property rights. When considering requests for exemptions containing clauses restricting the use of technology provided after the expiry of the Technology Transfer Agreement pursuant to Article 87.9 of the Intellectual Property Code, the Office shall take into account the protection of patent, copyright, trademark, trade secret or other valid intellectual property rights that exist even after the termination or expiry of the technology transfer. This document is used when Licensor agrees that someone else may use its property, but ultimately wishes to retain its intellectual property rights and be compensated for granting the License. On the other hand, the license agreement allows the licensee to use another person`s intellectual property without infringing his intellectual property rights. (m) `renewal agreement` means any agreement that extends the term of an agreement registered with the Office or the former Technology Transfer Registry of the former Patent, Trademark and Technology Transfer Office, without modification or other modification of any other provision of the previously registered agreement; (a) `amending agreement` means an agreement amending one of the clauses of the agreement; Recitals. CONSIDERING that Licensor has taken over, registered with the United States Patent and Trademark Office and the Trademark Offices of various foreign countries, and uses the trademark [Trademark] (“Trademark”) worldwide in connection with [Scope of Services]; the application shall be accompanied by a copy of the agreement, the payment of the relevant fee(s) and such other documents as the Bureau may require in support of the application and establish its merits.

Termination for cause. . . .