- Required documents
For the recordal of a license agreement of trademark in Vietnam, the following documents is required:
– ONE original Power of Attorney executed by a person in charge of Licensor or Licensee Party;
– TWO duly executed originals of the Trademark License Agreement which executed by persons in charge of both Licensor and Licensee respectively. In case the Trademark License Agreement includes multi-sheet, the authorized persons of both Licensor and Licensee should sign on each sheet (the initials are acceptable) OR use corporation seals to intercross over all sheet.
- Required content of License Agreement trademark in Vietnam:
Please be noted that there is no a standard form of license agreement. However, under Vietnam regulations, the Trademark License Agreement must include the following necessary contents and provisions:
+ Full name and address of the Licensor and the Licensee;
+ Bases of the license;
+ Type of the contract;
+ Scope of the license (limitations to use; territorial limitations);
+ Term of license;
+ Price for the license;
+ Rights and obligations of the Licensor and the Licensee.