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[Music] hi Im Andre mink of the father of trademark factory the only firm in the world that offers trade marking services with a predictable result for predictable budgets because our trademark agents and trademark attorneys will help you trademark your brand with a free comprehensive trademark search for a single all-inclusive flat fee with a hundred-percent money-back guarantee Im famous for explaining intellectual property so that a nine year old would understand and todays question Im gonna answer is what is a trademark license agreement so there are two ways you can let somebody else use your trademark one is through an assignment agreement and were gonna have a separate video for that and the other one is through the License Agreement so the difference between the two is with an assignment agreement you actually sell your trademark you no longer own it somebody else will become the next owner of your brand with a trademark license agreement its like renting and its allowin