Royalty Agreement For Use Of Trademark for Malaysia

Royalty Agreement For Use Of Trademark Template for Malaysia

A comprehensive legal agreement governed by Malaysian law that establishes the terms and conditions under which a trademark owner (licensor) grants rights to another party (licensee) to use their registered trademark(s) in exchange for royalty payments. This agreement is structured in accordance with the Malaysian Trademarks Act 2019 and related legislation, detailing the scope of permitted use, quality control requirements, payment terms, and territorial restrictions. It includes provisions for reporting, audit rights, and compliance with local intellectual property laws while protecting both parties' interests in the commercial exploitation of the trademark.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Royalty Agreement For Use Of Trademark

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Royalty Agreement For Use Of Trademark?

A Royalty Agreement For Use Of Trademark is essential when a business wants to legally use another company's trademark in Malaysia. This document is commonly used in brand licensing, franchising, and merchandising arrangements, providing a formal structure for commercial trademark exploitation while ensuring compliance with Malaysian intellectual property laws. The agreement becomes necessary when a trademark owner wishes to monetize their intellectual property through licensing while maintaining control over their brand's use and reputation. It includes crucial elements such as royalty calculation methods, payment terms, quality control measures, and territorial restrictions, all aligned with Malaysian legal requirements including the Trademarks Act 2019, Contracts Act 1950, and relevant tax regulations. This type of agreement is particularly important in protecting both parties' interests while facilitating commercial growth through brand licensing.

What sections should be included in a Royalty Agreement For Use Of Trademark?

1. Parties: Identification of the trademark owner (licensor) and the party receiving rights to use the trademark (licensee)

2. Background: Context of the agreement, including details about the trademark ownership and the intended licensed use

3. Definitions: Definitions of key terms used throughout the agreement, including 'Licensed Marks', 'Territory', 'Royalty', 'Net Sales', etc.

4. Grant of Rights: Specific rights being granted, including scope, territory, and whether exclusive or non-exclusive

5. Term: Duration of the agreement, including commencement date and initial term

6. Royalty Payments: Detailed structure of royalty calculations, payment terms, currency, and payment methods

7. Quality Control: Standards for trademark usage and quality control requirements

8. Reporting and Audit Rights: Requirements for sales reporting and licensor's audit rights

9. Representations and Warranties: Statements of fact and promises by both parties regarding their rights and capabilities

10. Protection of IP Rights: Obligations regarding trademark protection, infringement reporting, and enforcement

11. Confidentiality: Provisions for protecting confidential information exchanged under the agreement

12. Termination: Grounds for termination, termination process, and post-termination obligations

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

What sections are optional to include in a Royalty Agreement For Use Of Trademark?

1. Minimum Royalty Guarantee: Include when the licensor requires a minimum guaranteed royalty payment regardless of sales

2. Sublicensing Rights: Include when licensee is permitted to sublicense the trademark to third parties

3. Marketing and Promotion: Include when specific marketing obligations or restrictions need to be imposed

4. Non-Competition: Include when restricting licensee's ability to deal with competing products/marks

5. Currency Exchange: Include for international agreements requiring currency conversion provisions

6. Force Majeure: Include when specific provisions for unforeseen circumstances are needed

7. Insurance: Include when requiring specific insurance coverage from licensee

8. Bank Guarantee: Include when financial security for royalty payments is required

What schedules should be included in a Royalty Agreement For Use Of Trademark?

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

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

3. Schedule 3 - Territory: Detailed definition of geographic territories where trademark may be used

4. Schedule 4 - Royalty Calculations: Detailed formulas and examples of royalty calculations

5. Schedule 5 - Quality Control Standards: Specific quality standards and specifications for trademark usage

6. Schedule 6 - Approved Forms of Trademark: Approved variations, formats, and styling of the trademark

7. Appendix A - Reporting Templates: Standard forms for sales reporting and royalty calculations

8. Appendix B - Brand Guidelines: Detailed guidelines for trademark usage and brand representation

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

Malaysia

Publisher

Genie AI

Document Type

Use Agreement

Cost

Free to use
Clauses
Relevant Industries

Retail

Consumer Goods

Fashion and Apparel

Food and Beverage

Technology

Entertainment

Sports and Recreation

Automotive

Hospitality

Education

Manufacturing

Pharmaceuticals

Telecommunications

Media and Publishing

Relevant Teams

Legal

Intellectual Property

Finance

Commercial

Business Development

Brand Management

Compliance

Licensing

Treasury

Tax

Corporate Affairs

Risk Management

Relevant Roles

Legal Counsel

Intellectual Property Manager

Commercial Director

Licensing Manager

Brand Manager

Chief Legal Officer

Business Development Manager

Contract Manager

Chief Financial Officer

Trademark Attorney

Compliance Officer

Finance Director

Royalty Administrator

Corporate Counsel

IP Rights Manager

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

Find the exact document you need

Synchronization And Master Use License Agreement

A Malaysian law-governed agreement combining synchronization and master use rights for musical works in visual media, compliant with Malaysian copyright regulations.

find out more

Conditions Agreement

A Malaysian law-governed agreement establishing terms and conditions between parties, ensuring compliance with local legislation while defining rights and obligations.

find out more

Standard Terms Of Contract

Standard Terms of Contract under Malaysian law establishing core business relationship terms and conditions, compliant with local legislation and regulatory requirements.

find out more

Road Use Agreement

A Malaysian legal agreement establishing terms and conditions for specific road usage rights, incorporating local transport regulations and safety requirements.

find out more

Office Use Agreement

Malaysian-law governed agreement setting terms for office space usage, including rights, obligations, and compliance requirements.

find out more

Simple Land Use Agreement

A Malaysian law-governed agreement establishing temporary land use rights between owner and user with clear terms and obligations.

find out more

Usage Contract

A Malaysian law-governed agreement defining terms and conditions for usage rights of products, services, or facilities.

find out more

License Agreement To Use Property

A Malaysian law-governed agreement establishing terms for temporary property use rights between a Licensor and Licensee.

find out more

Content Use Agreement

A Malaysian law-governed agreement defining terms and conditions for content usage, including licensing rights and restrictions.

find out more

Use Of Name Agreement

A Malaysian law-governed agreement that establishes terms for the authorized use of a name, trademark, or business name between parties.

find out more

Simple Occupancy Agreement

A Malaysian law-governed agreement granting temporary occupation rights without creating a formal tenancy relationship.

find out more

Premises Use Agreement

A Malaysian law-governed agreement setting out terms and conditions for premises use, including rights, responsibilities, and compliance requirements.

find out more

Temporary Use Agreement

Malaysian law-governed agreement establishing terms for temporary use of property or equipment, defining rights and obligations of owner and user.

find out more

Option To Extend The Term Of The Contract

A Malaysian law-governed agreement that establishes the terms and conditions for extending an existing contract's duration.

find out more

Non Exclusive Commercial License

A Malaysian law-governed agreement granting non-exclusive commercial rights to use intellectual property while preserving the licensor's right to license to others.

find out more

License To Use Trademark

A Malaysian law-governed agreement permitting the use of registered trademarks under specified terms and conditions.

find out more

License To Occupy Residential Property

A Malaysian legal document granting permission to occupy a residential property without creating a landlord-tenant relationship, providing flexible occupation terms under Malaysian property law.

find out more

Commercial Use Agreement

A Malaysian law-governed agreement establishing terms for commercial use of products, services, or assets, ensuring compliance with local commercial regulations.

find out more

Use And Occupancy Agreement

A Malaysian law-compliant agreement establishing temporary property occupancy rights and usage terms without creating a formal lease relationship.

find out more

Use Of Likeness Agreement

A Malaysian law-governed agreement that authorizes and regulates the use of an individual's image, likeness, or identifying characteristics by another party.

find out more

Software License Commercial Use

A Malaysian law-governed commercial software license agreement establishing terms for business software usage, maintenance, and support.

find out more

Non Use Agreement

A Malaysian law-governed agreement restricting the use of protected information, with specific enforcement provisions under local legislation.

find out more

Multi Use License

A Malaysian law-governed agreement enabling multiple usage rights for intellectual property, products, or services with comprehensive terms and conditions.

find out more

Non Commercial Use License

Malaysian-law governed license agreement for non-commercial use of intellectual property, suitable for educational and research purposes.

find out more

Get Copyright License

A Malaysian law-governed agreement granting permission to use copyrighted work, specifying usage terms, territorial rights, and commercial conditions.

find out more

Common Use Agreement

A standardized agreement template under Malaysian law for regular business transactions, providing a flexible yet comprehensive contractual framework.

find out more

Brand Usage Agreement

A Malaysian law-governed agreement that outlines terms and conditions for authorized brand usage, including licensing rights and quality control requirements.

find out more

Use License

A Malaysian law-governed agreement granting specific usage rights from a licensor to a licensee for intellectual property, software, content, or other proprietary assets.

find out more

Image Rights Contract

A Malaysian law-governed agreement establishing terms for image usage rights, licensing, and exploitation of visual content.

find out more

Logo Licensing Agreement

A Malaysian law-governed agreement establishing terms for logo usage rights between a licensor and licensee, including usage conditions and quality control measures.

find out more

Limited Use Agreement

A Malaysian law-governed agreement that grants restricted rights to use specific assets or intellectual property while protecting the rights holder's interests.

find out more

License To Use Agreement

A Malaysian law-governed agreement that establishes terms for licensed use of intellectual property, software, or other assets between a licensor and licensee.

find out more

Rent Agreement For Commercial Use

Malaysian commercial property lease agreement establishing terms and conditions between landlord and tenant under Malaysian law.

find out more

Grazing License

A Malaysian legal document granting rights to graze livestock on specified land, subject to federal and state regulations.

find out more

Terms And Conditions Service Agreement

A Malaysian law-compliant Terms and Conditions Service Agreement establishing the framework for service provision relationships between providers and customers.

find out more

Equipment Use Agreement

A Malaysian law-governed agreement establishing terms and conditions for equipment use between an owner and user, including usage rights, maintenance, and liability provisions.

find out more

Image Usage Agreement

A Malaysian law-governed agreement establishing terms for licensed image usage, protecting both owner and user rights under local copyright legislation.

find out more

Equipment Sale Contract

A Malaysian law-governed agreement for equipment sale and purchase, detailing specifications, pricing, delivery, and warranties.

find out more

Vehicle Use Agreement Between Two Parties

A Malaysian law-governed agreement establishing terms and conditions for vehicle use between two parties, including usage rights, maintenance, and liability provisions.

find out more

Fair Use Agreement

A Malaysian law-compliant agreement establishing terms for fair use of copyrighted material, balancing content usage rights with copyright protection.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now