Does a license agreement need to be recorded?

To be valid and enforceable against third parties a license agreement shall be recorded with the Armenian Intellectual Property Agency (AIPA).

It is possible to specify in the recordal that the license is an exclusive, a sole, or a non-exclusive license, as well as to specify that the license is a partial one having effect only for some of the specified goods or services of the trademark registration.

The recordal has essentially the aim of making public the rights acquired by the licensee through the license. Information on licenses is published in the Official Journal of the AIPA.