Joint Trademark Ownership Agreement for Singapore

Joint Trademark Ownership Agreement Template for Singapore

A Joint Trademark Ownership Agreement under Singapore law is a legally binding document that establishes and governs the shared ownership of trademark rights between two or more parties. This agreement, regulated by Singapore's Trade Marks Act (Chapter 332) and related legislation, defines the parties' respective rights, responsibilities, and obligations in relation to the jointly owned trademark. It covers crucial aspects such as ownership percentages, usage rights, decision-making processes, cost sharing, and revenue distribution.

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What is a Joint Trademark Ownership Agreement?

The Joint Trademark Ownership Agreement is essential when multiple parties wish to share ownership of a trademark in Singapore. This agreement becomes necessary in situations such as joint ventures, brand collaborations, or business partnerships where trademark rights need to be shared. It provides a comprehensive framework for managing the trademark, including rights allocation, usage guidelines, financial arrangements, and dispute resolution mechanisms. The agreement must comply with Singapore's trademark laws and regulations, particularly the Trade Marks Act (Chapter 332), ensuring proper protection and enforcement of the shared intellectual property rights.

What sections should be included in a Joint Trademark Ownership Agreement?

1. Parties: Identification and details of all joint trademark owners

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used tHRoughout the agreement

4. Ownership Rights: Specification of ownership percentages and rights

5. Use of Trademark: Rules governing usage of the jointly owned trademark

6. Management and Decision Making: Procedures for joint decisions regarding the trademark

7. Financial Provisions: Cost sharing and revenue distribution arrangements

8. Term and Termination: Duration and conditions for termination

What sections are optional to include in a Joint Trademark Ownership Agreement?

1. International Registration: Provisions for international trademark registration when parties intend to register trademark internationally

2. Quality Control: Standards for maintaining trademark quality when trademark is used on products or services

3. Licensing to Third Parties: Terms for licensing trademark to others when parties plan to license the trademark

What schedules should be included in a Joint Trademark Ownership Agreement?

1. Schedule 1 - Trademark Details: Visual representation and registration details of the trademark

2. Schedule 2 - Usage Guidelines: Specific rules and standards for trademark usage

3. Schedule 3 - Financial Schedule: Detailed breakdown of cost sharing and revenue distribution

4. Schedule 4 - Territorial Rights: Breakdown of geographical rights and restrictions if applicable

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

Singapore

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Trade Marks Act (Chapter 332): Primary legislation governing trademarks in Singapore that provides the fundamental legal framework for trademark protection, registration, and enforcement

Trade Marks Rules: Detailed regulations that implement the Trade Marks Act, providing specific procedures and requirements for trademark matters in Singapore

Contract Law: General principles of contract law in Singapore, including common law principles and the Contract Law Chapter, governing the formation and enforcement of agreements

Competition Act (Chapter 50B): Legislation governing competition law in Singapore, relevant for ensuring the joint ownership agreement doesn't create anti-competitive effects

Madrid Protocol: International treaty system for trademark registration that Singapore is party to, relevant if international trademark protection is desired

TRIPS Agreement: WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights, establishing minimum standards for IP protection that Singapore must comply with

Paris Convention: International treaty for intellectual property protection, providing priority rights and other protections for trademark owners across member countries

Joint Ownership Rights: Legal framework governing the rights and obligations of joint trademark owners, including use, licensing, and enforcement rights

Dispute Resolution Framework: Singapore's legal framework for resolving disputes, including court jurisdiction and alternative dispute resolution mechanisms

Revenue and Cost Allocation: Legal principles governing the sharing of profits and costs between joint owners of intellectual property

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

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