What is the cooling-off period?
The cooling-off period is intended to provide the opportunity to negotiate an agreement with the counter party. Typically, the parties try to reach settlement during this period. If the negotiations succeed, each party ought to bear the cost of his own representation. During negotiations we usually manage to restrict the goods and services covered in the opposed party’s application. If so, you as our client can withdraw your opposition, in which case the official fee is refunded to you. TRADEMARK.EU has considerable experience in drafting such agreements.
For beginners, we advise to use clear and unconditional expressions when composing an agreement. Conditionality such as “if it is necessary” or “if the examiner finds it necessary” will not suffice. If more oppositions are submitted against one particular application which gets rejected based on the first opposition, fifty percent of the official fee shall be refunded to the latter opponents.