Document background
The License Agreement For Use Of Brand Name is a crucial document for businesses seeking to monetize their brand or expand their market presence through authorized third-party usage in Canada. This agreement type is commonly used when a brand owner wishes to permit another entity to use their brand name while maintaining control over its representation and value. The document addresses key aspects required under Canadian federal and provincial laws, including compliance with the Trademarks Act, Competition Act, and relevant provincial contract laws. It outlines specific terms for brand usage, quality control measures, financial arrangements, and termination conditions. This agreement is particularly important in protecting intellectual property rights while enabling commercial exploitation of the brand across various industries and applications.
