An agreement granting an unaffiliated party a license to sell products under a federally registered trademark. Trademark license agreements vary in length and complexity depending on a variety of factors (such as the relationship between the parties, the type of licensed products or services, and the value and duration of the licensing arrangement). Each trademark license agreement must be tailored to suit the circumstances of the transaction. This Standard Document is drafted in the licensor's favor but aims to be reasonable and includes provisions common to negotiated trademark license agreements. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.