Are licensee sales to the USC University Bookstores exempt from paying royalties to USC?
No. Manufacturers that supply licensed merchandise to the University Bookstores must pay royalties on these sales. • Are any sales exempt from royalties? Yes. Manufacturers do not have to pay royalties to USC when a product is being used by a campus organization and not resold. Product sales that directly benefit a restricted scholarship account at the university are also non-royalty bearing. • Do all designs for products need to be pre-approved by Trademarks and Licensing before going to a licensed vendor? Pre-approval by Trademarks and Licensing is optional before a licensed vendor is selected. It is the licensed vendor’s responsibility to have Trademarks and Licensing approve all artwork, and final approval will be given when the vendor submits artwork to Trademarks and Licensing. • What does USC do if unlicensed merchandise is discovered in the marketplace? The university is committed to enforcing the viability of its trademarks and licensing activities. Any commercial use of USC M
Related Questions
- Are licensees exempt from any of their other responsibilities as a liquor sales licensee under a Manufacturer’s Limited Liquor Sales Licence?
- Are licensee sales to the USC University Bookstores exempt from paying royalties to USC?
- Are a manufacturers sales to the USC University Bookstores exempt from paying royalties?
