TRADEMARK ASSIGNMENT
The process of transferring ownership of the trademark (symbol, word, number, or even a mix of colors) either with or without the goodwill of the business is called Trademark Assignment. Get your trademark assigned online with Trademark Lo.
Trademark assignment is the transfer of ownership of a trademark through sale, license, or transfer, like any other asset. It can be done through assignment or licensing.
Benefits
- Through trademark assignment, brand owner can unlock the value of the brand.
⦁ Assignee benefits by starting with a previously well-known brand.
⦁ In case of disputes, legal rights can be established through the assignment.
⦁ The Registrar ensures validity of assignment by checking all clauses in the assignment deed and declaring it in the Trademarks Journal.
- Assets to be assigned
⦁ Pending trademark applications.
⦁ Issued trademark registrations.
⦁ Goodwill.
⦁ Associated marks, applications or registrations.
⦁ International registrations.
⦁ Common law trademarks.
⦁ Names of living or deceased individuals.
⦁ Domain names, email accounts, social media or website accounts, etc.
⦁ Execution requirements
⦁ Signatories.
⦁ Witness.
⦁ Notarization.
⦁ Legalization.
⦁ Execution date and place.
⦁ Power of attorney.
- Certificate of Trademark Registration (if any).
⦁ The assignor and assignee’s name and description.
⦁ No Objection Certificate (NOC) from the original owner of the registered trademark.
To register a trademark assignment in India, the following documents are required:
⦁ Copy of the logo or word mark
⦁ Form-48 (authorization from the applicant to a Trademark Attorney)
⦁ Identity proof of the individual or proprietor
⦁ Address proof of the individual or proprietor.
Assignment in trademark with goodwill-
⦁ Trademark assignment allows the transfer of ownership rights and associated brand value to another party for use in a specific business field. The new owner can utilize the trademark’s reputation for future business opportunities.
Assignment in trademark without goodwill-
Trademark assignment allows transfer of ownership and use rights of a trademark in a specific field of business. It can also include a joint use agreement between the assignor and assignee, known as a “co-existence” or “co-use” agreement.
Why Trademark Lo?
⦁ Legal assistance for 1000+ companies and LLPs monthly
⦁ Seamless process with government and clarity on incorporation
⦁ Team of 300 experienced business advisors and legal professionals for support
