The Trade Mark Licence Agreement is a crucial document used when a trademark owner wishes to permit another party to use their trademark(s) in Pakistan while maintaining control over their intellectual property rights. This agreement is essential for businesses expanding through licensing arrangements and must comply with Pakistani legislation, particularly the Trade Marks Ordinance 2001 and related regulations. The document typically includes detailed provisions about the scope of license, quality control measures, financial terms, territorial restrictions, and termination conditions. It's particularly important in Pakistan's growing commercial landscape where international brands are increasingly entering the market through local partnerships. The agreement must be carefully drafted to ensure enforceability under Pakistani law and to protect both parties' interests while maintaining the trademark's value and reputation.

1. Parties: Identification of the licensor and licensee with full legal names and addresses

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

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of License: Scope of the license granted, including territory, exclusivity, and permitted uses

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

6. License Fees and Royalties: Payment terms, calculation of royalties, and reporting requirements

7. Quality Control: Standards for use of the trademark and licensor's right to inspect and approve

8. Protection and Enforcement: Obligations regarding trademark protection and handling infringement

9. Representations and Warranties: Standard warranties about trademark ownership and right to license

10. Termination: Grounds for termination and consequences of termination

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

12. Confidentiality: Protection of confidential information exchanged during the relationship

13. Governing Law and Jurisdiction: Specification of Pakistani law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including notices, amendment, and assignment