I want to grant permission to a third party to use my registered trademark. What is the procedure and what is required?
When granting permission to a third party to use your registered trademark in Korea, it is necessary to establish a contract known as a license agreement. The license agreement outlines the terms and conditions under which the third party can use the trademark. There are two types of trademark usage rights: general usage rights and exclusive usage rights.
General Usage Right:
-A general usage right grants non-exclusive rights to the third party, meaning the trademark owner can grant the same rights to other parties as well.
-To grant a general usage right, a license agreement is drawn up between the trademark owner and the user.
-Both parties must sign and seal the agreement.
Exclusive Usage Right:
-An exclusive usage right grants exclusive rights to the third party, meaning the trademark owner cannot grant the same rights to any other party.
-To grant an exclusive usage right, the license agreement must be registered with the Korean Intellectual Property Office (KIPO) to take effect.
-Along with the contract, an application for registration of the license agreement must be submitted to KIPO.
-The license agreement should include important details such as the scope of trademark usage, geographical limitations, duration of the agreement, quality control provisions, royalties or fees, and any other specific terms agreed upon between the parties.
It's important to consult with a trademark attorney or legal expert to ensure that the license agreement is properly drafted and complies with the relevant laws and regulations. They can guide you through the process, assist with preparing the necessary documentation, and help ensure that your rights as the trademark owner are protected throughout the licensing arrangement.
Learn more about Intellectual Property(IP) licensing
Frequently Asked Questions about Korean Trademarks
- Does the person who first used the trademark have the rights in Korea?
- What trademarks are not registrable in Korea?
- What types of trademarks are more likely to be approved for registration in Korea?
- What types of trademarks exist in South Korea?
- What are the requirements for registering a trademark in Korea?
Frequently Asked Questions about Trademark Application in Korea
- What is the difference between applying for a Korean trademark as an individual or as a corporation?
- How can I change the ownership of a trademark to another person or company after applying for a trademark in Korea?
- What should I do if I want to file a Korean trademark application jointly with others?
Frequently Asked Questions during the Korean Trademark Registration Examination Stage
- How does the examination process proceed after a Korean trademark application is filed?
- What is priority examination for trademark applications in Korea?
- What should I do if I receive a Office Action of the Reason for Refusal for a Korean trademark application?
- What should I do if I receive a rejection decision?
- What is a "Notice of Allowance" (출원공고결정서) in Korean trademark application?
- Is it possible to make corrections after the publication of a trademark application?
Frequently Asked Questions about Trademark Registration in Korea
- When can I receive a Korean trademark registration certificate?
- I want to grant permission to a third party to use my registered trademark. What is the procedure and what is required?
- I want to transfer a registered trademark that I am currently using or not using to someone else. How is the price for transferring the trademark determined?
- What should I do if I think a third party is infringing on my registered trademark?
- What should you be aware of regarding registered Korean trademarks?
- What happens to a Korean trademark after its 10-year duration of validity expires?
DAEILPAT
Trademark
Many foreign companies entering the Korean market often overlook the importance of registering their brand or logo as a trademark. This oversight can lead to potential legal issues such as piracy or infringement, which could have been easily prevented by seeking expert advice and registering their trademark. Conversely, numerous industry leaders understand the significance of securing full protection for their brand and products or services through successful trademark registration, contributing to their overall success.
To enhance brand value and streamline the process, foreign clients ranging from individuals to well-established market leaders are seeking guidance from DAEILPAT's Trademark attorney. What sets our service apart is our strategic counseling and proactive approach at every step, ensuring a comprehensive trademark registration. This enables our clients to benefit from a cost-effective and tailored service that significantly reduces the lengthy and expensive registration process, without unnecessary delays or additional expenses.
Learn more about Trademarks Registration and Protection in Korea
Our Expertise
DAEILPAT’s great strength in Trademark is brought by the experts with unrivalled professionalism in our team. Our trademark attorney consists of excellent talents who are a pioneer in developing unprecedented trademark ideas, a true veteran with extensive knowledge and experience as a examiner at KIPO and IP specialists with more than 10 years of experience. We are fully competent in handling any cases in both Korean and English, and our network of foreign agents allows us to offer a fuller service for both domestic and international clients.
We offer a full suite of Trademark services including strategic counseling, analysis of trademark trends, prosecution, handling of oppositions and cancellation actions, domestic and international disputes, negotiations and coexistence agreements and many more. Our thorough and in-depth analysis and reports guide our clients to effectively select and leave out specific elements of their mark to increase the chance of registration. Moreover, we showcase total transparency by offering timely updates through a transparent reporting process and keep our clients up-to-date with deadlines and proceedings without any error and omission.
