Intellectual Property Specialists
Accueil > News and Media > Glossary >License


By Anonymous writer - Glossary

A license refers to the right of use of an industrial property title given by the holder, the ‘Licensor’ to a third party, the ‘Licensee’ and which is generally done for the payment of fees (also known as ‘royalties’).

Article L.714-1 provides for trademark licenses, and states that ‘the rights attached to a trademark can be transferred in a licence for exclusive or non-exclusive use and for a pledge’.

There are two different types of license:

  • An exclusive license concerns an individual Licensee who may be able to transfer his rights to sub-Licensees;
  • A non-exclusive license relates to use by an undefined number of Licensees.

The license must be transferred for a defined period of time and will generally require registration within the INPI’s National Register of Trademarks.

In these circumstances, the original holder of the property retains the title over it.

    no comments
styloPost a comment