The Logo License Agreement is a crucial legal instrument used when one party wishes to grant another the right to use their logo in India. This document is essential for businesses looking to monetize their brand assets or establish strategic partnerships involving brand usage. The agreement, governed by Indian law, particularly focuses on protecting the licensor's intellectual property rights while providing the licensee with clear parameters for logo usage. It includes detailed provisions for quality control, payment terms, and territory restrictions, ensuring compliance with Indian trademark and contract law. This type of agreement is commonly used in franchise arrangements, merchandising deals, marketing partnerships, and other commercial relationships where brand representation is crucial. The document must carefully balance the licensor's need to maintain brand integrity with the licensee's commercial requirements, all while ensuring enforceability under Indian jurisdiction.

1. Parties: Identification of the licensor (logo owner) and licensee with full legal names and addresses

2. Background: Context of the agreement, confirmation of logo ownership and trademark status, and purpose of the license

3. Definitions: Key terms used throughout the agreement including 'Logo', 'Territory', 'Term', 'Licensed Products', etc.

4. Grant of License: Scope of the license granted, including whether exclusive or non-exclusive, and permitted uses of the logo

5. Term and Territory: Duration of the license agreement and geographical areas where the logo can be used

6. License Fees: Financial terms including license fees, royalties, payment schedule, and reporting requirements

7. Quality Control: Standards for logo usage, approval processes for materials featuring the logo, and quality maintenance requirements

8. Ownership and Protection: Affirmation of licensor's ownership rights, trademark protection obligations, and infringement handling

9. Representations and Warranties: Parties' warranties regarding logo ownership, right to license, and non-infringement

10. Termination: Grounds for termination, termination process, and consequences of termination

11. Post-Termination Obligations: Obligations after agreement ends, including cessation of logo use and return/destruction of materials

12. General Provisions: Standard clauses including notices, assignment, governing law, and dispute resolution