The authorized use of the Franchisors intellectual property is part of all franchise systems. It is the use of any trademarks and trade names belonging to the Franchisors business. The franchisor retains ownership of the intellectual property always.
OEM is used for the Original Equipment Manufacturer. The term is more frequently used to describe those companies in the business as manufacturers of products and selling them to the other company. The Agreements to this effect are called in IPL as OEM Agreements.
White Label Products are those products which are produced by the OEM and marketed, rebranded and sold by the White Label Company as its White Label Product. The contracts to establish this business are called the White Label Contracts.
Intellectual Property Licensing and Distribution give the owner an advantage to utilize his property by extending licenses and authorized distributions to the other persons and entities.
Please Note: Basic Gig is to discuss issue and assess labour. Wages shall be invoiced.