the owner from using his mark, unless otherwise agreed.
The owner of a mark may not cancel or refuse the renewal of the license
contract without valid reasons.
Article 96
To be recorded in the Trademarks Register, a license agreement for the
use of a mark shall be certified, or the signatures thereon endorsed.
It shall not be valid with respect to a third party unless recorded
and published in the manner prescribed in the Regulations.
Article 97
A licensee may not, unless otherwise agreed, assign the license contract
to a third party except in connection with the assignment of the
commercial enterprise or exploitation project in which the mark is
utilized to distinguish the products thereof.
The mortgage of or the right of disposal of a mark shall not be valid
with respect to a third party, unless such has been duly recorded in
the register and published in the manner prescribed in the Regulations.
Article 98
The license contract may not include any conditions which may
unnecessarily restrict the licensee in order to maintain the rights
conferred by the registration of the mark.
The license contract may, however, include the following:
(1) Limit of the license period for use of the mark.
(2) Reasonable conditions which provide for the effective control by
the owner of the mark of the quality of the products identified by the
licensed mark; without restricting the licensee’s freedom of
management and production.
(3) Commitment of the licensee to refrain from any act that might
undermine the status of the products identified by the mark.
Article 99
The owner of the mark or the licensee may request the cancellation of
a license contract. The Department shall notify the other party of such
a request.
Such cancellation shall be in accordance with the conditions and
procedures prescribed in the Regulations.
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