Trademark Licensing Due Diligence Checklist

A Trademark Licensing Due Diligence Checklist is a comprehensive list of items to review and verify before entering into a trademark licensing agreement. The checklist typically includes items such as the ownership and registration status of the mark, the scope and exclusivity of the license, the quality control provisions, the royalty and payment terms, the duration and termination clauses, the indemnification and liability provisions, and the enforcement and dispute resolution procedures. Due diligence is critical to ensure that the licensor has valid and enforceable rights in the mark, that the licensee has the ability and intention to comply with the license terms, and that the agreement adequately protects the interests of both parties. A thorough due diligence process can help to avoid legal and business risks, maximize the value and benefits of the license, and foster a successful and long-term licensing relationship.