Abstract
Trademark rights is an exclusive right. This exclusive right covers two things that are right to use the trademark and right to give license to other people to use trademark. Therefore, one method to use other peoples trademark securely and legally is by concluding a license agreement. A license agreement is a contract which is concluded by licensor and licensee, followed by the payment of royalty, which has to be paid by licensee to the licensor. The licensee agreement regulates rights and duties of the parties. This agreement has to be registered to the Directorat General Intellectual Property Rights (DG IPR) Department of Law and Human Rights. If it is not registered, this agreement has no legal effects. As a contract, this agreement has to based on contract principles, such as : freedom of contract; consensualism; pacta sunt servanda; equity; profit of contract and good faith.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Mimbar Hukum - Fakultas Hukum Universitas Gadjah Mada
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
