Licenses and Royalties
The use of trademarks, movie or TV titles, photos and names of celebrities are generally subject to approval. The licensee should make an agreement with the owner of the rights (licenosr) for his own hedge. Unauthorized use may result in civil and criminal penalties (including prison sentence up to five years).
The license fees depend on various factors such as the nature and extent as the desired duration of the use, attractiveness and relevance of the licensor, etc.
The license fees for the use of names or brands is about 10 to 15% of the net selling price to the trade and with direct transactions to the end user; the fees for food are about 4 to 8 % and for publishing products with a fixed retail price are about 6 to 15%.
In general, an upfront fee is payable which will offset against the above fees.
Our services can be charged to both the licensor andthe licensee; This will be handled by an individual contract.
Have we offered you the possibilty of a licensing business and youd didn’t notify us in writing within one week that you have notice from this business from another side, we receive in the event of a direct conclusion between you and the licensor/licensee a penalty of 30% of the transaction value including. all following business.
Have we offered you a commission transaction and youd didn’t notify us in writing within one week that you have notice from this business from another side, we receive in the event of a direct conclusion between you and the client a penalty of 5% of the contract value including. all following business.