When you want to transfer your trademark registration certificate in Vietnam, you need to know choose the types of license contract.
Trademark License Contracts shall be of the following types:
- Exclusive contract:
– means a contract under which, within licensing scope and term, the licensee shall have an exclusive right to use the licensed trademark while the licensor may neither enter into any trademark license contract with any third party nor, without permission of the licensee, use such trademark;
- Non-exclusive contract:
– means a contract under which, within licensing scope and term, the licensor shall still have the rights to use the trademark and to enter into non-exclusive trademark object license contracts with others.
- Trademark sub-license contract.
– means a contract under which the licensor is a licensee of the right to use a trademark under another contract.