Trademark Assignment Agreement

Quebec English Civil law Unannotated

Trademark Assignment Agreement

This agreement governs the sale and assignment of the ownership of a trademark to an assignee, whether or not the trademark is registered. The Canada Trade-marks Act provides (under section 48) that a trademark is transferable in respect of all or some of the goods or services with which it has been used.

Trademark Assignment Agreement

We recommend this template to any person who wants to buy or sell a trademark without the intervention of a trademark agent.

In addition to signing a trademark assignment agreement, the parties must also send a copy of their agreement to the Trade-marks Office along with the contact information of the new owner of the trademark. The parties must also pay the required fees and ensure that the name of the owner of the trademark is updated in the trademark register at the CIPO.

Trademark Assignment Agreement

0.00 INTERPRETATION
0.01 Definitions
0.01.01 Activities
0.01.02 Agreement
0.01.03 Breach
0.01.04 Claim
0.01.05 Confidential Information
0.01.06 Dispute
0.01.07 Encumber or Encumbrance
0.01.08 Force Majeure
0.01.09 Intellectual Property
0.01.10 Law
0.01.11 Legal Representatives
0.01.12 Loss
0.01.13 Opposition
0.01.14 PARTY
0.01.15 Person
0.01.16 Prime Rate
0.01.17 Products
0.01.18 Services
0.01.19 Trademark
0.02 Entire Agreement
0.03 Applicable Law
0.04 Non-Compliance
0.04.01 Severability
0.04.02 Substitute Provision
0.05 Miscellaneous
0.05.01 Cumulative Rights
0.05.02 No Waiver
0.05.03 Time and Days
a) Time of the Essence
b) Computation of Time
c) Delays
0.05.04 Financial References
0.05.05 Cross-References
0.05.06 Gender and Number
0.05.07 Headings
0.05.08 Knowledge
0.05.09 Approval
1.00 PURPOSE
1.01 Assignment
1.02 Conditions
1.02.01 Required by OWNER
1.02.02 Required by ASSIGNEE
1.02.03 Election
2.00 CONSIDERATION
3.00 TERMS OF PAYMENT
3.01 Purchase Price
3.02 Amount in Trust
3.02.01 Opposition
3.02.02 End of Trust Period
3.02.03 Notice of Release
3.03 Interest
3.04 Waiver of Compensation
3.05 Loss of Term
4.00 SECURITY
5.00 MUTUAL REPRESENTATIONS AND WARRANTIES
5.01 Status
5.02 Authority
5.03 Binding Agreement
5.04 Resident in Canada
5.05 Canadian Status
5.06 Commission
5.07 Independent Legal Advice
5.08 Disclosure
5.09 Legal Proceedings
6.00 REPRESENTATIONS AND WARRANTIES OF OWNER
6.01 Nominee
6.02 First Use
6.03 Registration
6.04 Renewal
6.05 Opposition
6.06 Sole Owner
6.07 Authority
6.08 Confusion
6.09 Prohibited Trademark
6.10 Option
6.11 Claim
6.12 Licences
6.13 Infringement
7.00 REPRESENTATIONS AND WARRANTIES OF ASSIGNEE
8.00 MUTUAL DUTIES AND OBLIGATIONS
8.01 Confidential Information
8.01.01 Undertaking
8.01.02 Duration of Undertaking
8.01.03 End of Agreement
a) Request for Return
b) Destruction
8.01.04 Penalty
8.02 Continuation of Representations and Warranties
8.03 Indemnification
8.03.01 Scope
8.03.02 Procedure
8.03.03 Third-Party Claim
8.03.04 Duration of Representations and Warranties
8.04 Disclosure of Agreement
8.04.01 Undertaking
8.04.02 Public Announcement
8.04.03 Exception
8.04.04 Default
8.05 Further Assurances
8.06 Transfer
9.00 DUTIES AND OBLIGATIONS OF OWNER
9.01 Delivery of Documents
9.02 Opposition
9.03 Use
10.00 DUTIES AND OBLIGATIONS OF ASSIGNEE
10.01 Protection
10.02 Opposition
10.03 Renewal
10.04 Acknowledgement
10.05 Licences
11.00 SPECIAL PROVISIONS
11.01 Assignment
11.01.01 Prohibition
11.01.02 Reasonable Cause
11.01.03 Effect of Breach
11.01.04 Exception
11.02 Force Majeure
11.02.01 Limitation on Liability
11.02.02 Duty
11.02.03 Right of Other PARTY
11.03 Relationship Between the PARTIES
12.00 GENERAL PROVISIONS
12.01 Notices
12.02 Dispute Resolution
12.02.01 Good Faith Negotiations
a) Written Notice
b) Meeting
c) Legal Proceedings
d) Protective Measures
12.02.02 Mediation
a) Process
b) Settlement
c) Arbitration [OR Legal Proceeding]
12.02.03 Arbitration Procedure (if V1 of 12.02.02 c) applies)
a) Notice
b) Reply
c) Appointment of a Third Arbitrator
d) Subcontracts
e) Confidentiality
f) Hearing
g) Ruling
h) Costs
i) Supplementary Rules
12.03 Choice of Forum
12.04 Counterparts
12.05 Amendment
12.06 No Waiver of Rights
12.07 Electronic Transmission
12.08 Language
13.00 TERMINATION
14.00 EFFECTIVE DATE
15.00 DURATION
16.00 SCOPE

SCHEDULE A – EXCERPT FROM A RESOLUTION OF OWNER
SCHEDULE B – EXCERPT FROM A RESOLUTION OF ASSIGNEE
SCHEDULE C – REGISTRATION CERTIFICATE
SCHEDULE 0.01.17 – PRODUCTS
SCHEDULE 0.01.18 – SERVICES
SCHEDULE 0.01.19 – TRADEMARK
SCHEDULE 3.02.03 – PAYMENT INSTRUCTIONS

 

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