Common use of Merchandise Coordinator Program Clause in Contracts

Merchandise Coordinator Program. Licensee may use its own merchandise coordinators provided that (i) Licensee establishes a contact person who shall work with Licensor’s representatives in respect of Licensee’s merchandise coordinators, and (ii) provides Licensor within sixty (60) days after the beginning of each Annual Period with a budget and description for Licensee’s merchandise coordinator program for the Licensed Products. Licensor may review the performance of Licensee’s coordinators and, if Licensor reasonably determines that Licensee’s coordinators are not performing adequately, then Licensor shall so notify Licensee, specifying the inadequate performance in reasonable detail. Within forty five (45) days after its receipt if such notice, Licensee shall remedy the inadequate performance. Notwithstanding the foregoing, Licensee shall (i) contribute * each Annual Period to Licensor’s Merchandise Coordinator Program to support broader brand merchandising coordination efforts, and (ii) provide training to Licensor’s retail store personnel as reasonably requested by Licensor.