Trademark Infringement Settlement Agreement Template_Drafting of Trademark Infringement Settlement A
Time:2026-01-06 Views:2
Drafting of settlement agreement between law firm and overseas service trademark infringement
Given that the law firm (hereinafter referred to as "Party A") owns trademark rights registered overseas, and the overseas service provider (hereinafter referred to as "Party B") has infringed Party A's trademark, the parties have reached the following settlement agreement:
1. Confirmation of Infringement
Party B confirms and acknowledges that it has used Party A's trademark in products sold overseas, constituting an infringement of Party A's trademark. Party B promises to cease all infringing activities and assume corresponding legal liability.
2. Stop Infringement
Party B shall immediately stop using Party A’s trademark in products sold overseas and promise not to engage in any infringing activities, otherwise it will bear all legal consequences.
III. Compensation Liability
Party B agrees to pay Party A a certain amount of financial compensation as compensation for trademark infringement. The parties shall reach an agreement on the amount of compensation and complete the payment within 3 working days after the signing of this agreement.
IV. Legal Liability
Both parties commit to comply with relevant laws and regulations and to cooperate in accordance with the principle of good faith. If either party violates the provisions of this agreement, they shall bear the corresponding legal liability and financial compensation liability.
V. Confidentiality
The parties agree to keep confidential the commercial secrets and confidential information covered by this Agreement and not disclose them to any third party without the other party's consent. The confidentiality period shall be five years after the termination of this Agreement.
VI. Dispute Resolution
The performance of this Agreement shall comply with international commercial practices. In the event of any dispute, the parties shall first resolve it through friendly negotiation. If negotiation fails, the dispute shall be submitted to an international arbitration institution for arbitration. The arbitration award shall be final and binding on both parties.
VII. Effectiveness and Changes
This Agreement shall come into effect upon the date of signature and seal by both parties and shall be valid for three years. Upon mutual agreement, the Agreement may be renewed or amended before its expiration.