Can the inventory goods still be sold after the contract is terminated? What are the contents of the trademark license contract?

In business, after both parties sign a contract, they must perform it in accordance with the contract. But if the contract is terminated, can the backlog of goods be sold? This has a great impact on the interests of enterprises. Regarding this issue, the editor of Legal Savior Network has compiled the following content to answer your questions. I hope it will be helpful to you.

Can the inventory goods still be sold after the contract is terminated

Trademark use license refers to The Trademark owner licenses part or all of the trademark use rights to others in accordance with the law and charges a certain usage fee as consideration. After a trademark is licensed for use, the trademark owner does not lose the trademark rights, and the licensee only obtains the right to use the trademark.

1. The inventory products are produced within the license period. After the period expires, the licensee will still It can be sold, and such sales do not violate the prohibitive or mandatory provisions of the law, so it is legal;

2. The licensee has Funds and manpower have been invested in the products produced during the agreement period but have not yet been sold. If they are not allowed to sell, it will cause a backlog of products and bring losses to them. Therefore, the licensee's sales behavior is to reduce its own losses. A kind of self-help behavior;

3. The inventory products are produced within the trademark license period. The licensor and the licensee have common interests. The licensee Sales of inventory products are also beneficial to the licensor, so the licensee can continue to sell inventory products.

What are the contents of a trademark license contract

General Generally speaking, a trademark license contract should include the following main terms:

(1) The names and addresses of the licensor and the licensee;

(2)PermissionThe registered trademark used, the registration number, and the validity period of the registered trademark;

(3) The scope and name of the licensed products;

(4) The form of the license;

(5) The period of the license and the number of products using the licensed trademark and product sales areas;

(6) License fees and payment methods;

( 7) Product quality requirements and quality supervision methods;

(8) Printing or supply methods and requirements for trademark markings;

(9) Termination and rescission conditions of the contract;

(10) Liability for breach of contract;

(11) The effective time of the contract;

(12) The other party’s signature and seal.

Therefore, in this case, the owner of the trademark use right can still continue to sell the relevant goods, but after the sales are completed, the sale cannot be carried out, otherwise it is Trademark Infringement. In the relevant trademark use contract, everyone needs to know what is included in order to safeguard their legitimate rights and interests. If you have any other questions, please feel free to consult the professional lawyers on the Legal Savior Network.