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:
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.