Name Licensing Agreement Template for Philippines

The Name Licensing Agreement is a crucial document used when one party wishes to grant another the right to use their name, trademark, or brand identity in the Philippines. This agreement type is particularly relevant for businesses expanding through licensing, celebrities licensing their names for commercial use, or companies entering strategic branding partnerships. The document must comply with Philippine intellectual property law, particularly the Intellectual Property Code (Republic Act No. 8293) and DTI regulations. It typically includes detailed provisions on quality control, territory restrictions, payment terms, and usage rights. The agreement's structure reflects both Philippine legal requirements and international best practices in name licensing, making it suitable for both domestic and international parties operating within Philippine jurisdiction.

1. Parties: Identification of the Licensor and Licensee, including full legal names, addresses, and company registration details

2. Background: Context of the agreement, including ownership of the name being licensed and the parties' intentions

3. Definitions: Key terms used throughout the agreement, including 'Licensed Name', 'Territory', 'Term', and 'Permitted Use'

4. Grant of License: Specific rights being granted, including scope, exclusivity/non-exclusivity, and territorial limitations

5. Term and Renewal: Duration of the license agreement and conditions for renewal

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

7. Quality Control: Standards and requirements for use of the licensed name, including approval processes

8. Protection and Maintenance: Obligations regarding protection of the licensed name and maintaining its validity

9. Representations and Warranties: Legal assurances from both parties regarding their rights and capabilities

10. Termination: Circumstances under which the agreement can be terminated and the consequences of termination

11. Post-Termination Obligations: Obligations of parties after the agreement ends

12. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes

13. General Provisions: Standard contractual provisions including notices, amendments, and severability