The exclusive right to a trademark gives the owner the right to use it independently or to dispose of it.
To implement the latter approach, you can:
- Grant the right to use your trademark under a license contract or franchise contract.
- Conclude an agreement of pledge with a bank.
- Conclude an agreement transferring the exclusive right to a third party.
The above contract or agreement must be drawn up according to the Civil Code of the Russian Federation for these types of contracts or agreements.
Once the contract or agreement is signed and the trademark and/or the right to use it is transferred to a third party, this must be registered at the Federal Service for Intellectual Property of Russia (Rospatent).