GRANT OF LICENSE AND DESIGNATION OF LICENSED ITEMS. The term “Licensed Products” means the following products, whose designs and specifications have been submitted by LICENSEE to LICENSOR as and when same have been approved by LICENSOR as provided in Paragraph 13: Men’s, women’s work gloves including leather, leather palm chemical coated, hi-dexterity, cotton, cotton coated, disposable (for paint/medical/chemical), but not including fashion and casual knit gloves LICENSOR hereby grants to LICENSEE for the Term set forth in Paragraph 2 and upon the terms and conditions hereinafter set forth the exclusive right and license to use the Trademarks within the Geographic Area described in Paragraph 3 hereof, in the design, manufacture, advertising and sale of the Licensed Products in LICENSEE’S authorized channels of trade. In the event of any question regarding the definition of products that LICENSEE may wish to produce as Licensed Products, the final decision shall rest with LICENSOR. The rights granted to LICENSEE herein are limited to use on or in connection with the Licensed Products and LICENSEE specifically agrees not to use the Trademarks or consent to their use in any manner or on any product or item, except as set forth in this Agreement, without prior written consent of LICENSOR permitting LICENSEE so to do. LICENSEE agrees that use of the Trademarks hereunder shall be limited to Licensed Products offered for sale only in accordance with LICENSOR’S channel strategy in effect from time to time. LICENSEE further agrees that use of the “GENUINE DICKIES & Design” ▇▇▇▇ hereunder shall be limited to Licensed Products offered for sale through mass merchandisers (e.g. Wal*Mart, K Mart) and only in accordance with LICENSOR’S channel strategy in effect from time to time. LICENSEE further agrees that no Licensed Products produced by LICENSEE hereunder and offered for sale through such mass merchandisers shall bear the “DICKIES and Horseshoe Device” ▇▇▇▇. The foregoing notwithstanding, LICENSEE hereby acknowledges and agrees that sales to or through the following outlets (without the express prior written consent of LICENSOR) are not included within LICENSEE’S authorized channels of trade, and shall therefore be deemed outside the scope of the rights granted hereunder:
Appears in 2 contracts
Sources: License Agreement (Ads in Motion, Inc.), License Agreement (Ads in Motion, Inc.)