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Licenses for Use and License for Use Contracts

Licenses for Use and License for Use Contracts

A contract for the license to use a trademark consists of a mercantile contract with repercussions on intellectual property, through which the owner of a registered trademark allows another person to use the trademark to offer the products or services which it identifies.

Generally, license for use contracts for trademarks go hand-in-hand with franchise contracts.

According to Ecuadorian legislation, license for use contracts for trademarks must be registered with the IEPI to constitute proof of use of the trademarks in relation to third parties.

Acknowledgements

Romero Arteta Ponce Abogados is authorized to practice law in Ecuador and give legal advice through related firms in Latin America.

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