Operations of Stores and Shops. Licensee acknowledges that it is of great importance to Licensor that in the maintenance of the physical plant of the Stores and in the conduct of all of the Stores’ operations, the high standards and reputation of Licensor has established be maintained. Licensee shall comply with such reasonable standards regarding operations of the Stores and Shops as Licensor, upon notice to Licensee, may establish and which, at a minimum, apply generally to local standards for leading stores and shops where Stores and Shops are located. With respect to each Store, Licensor may, from time to time, upon reasonable notice reasonably change, revise, amend or extend such standards. Licensee shall comply with the following standards at each Store: 3.1. Name, Site and Design. No change shall be made in (i) the Tradename or Tradestyle used at each Store and Shop, (ii) the Site of each Store, or (iii) the design, decoration and accessorization of each Store after the initial construction, decoration and accessorization thereof unless first approved in writing by Licensor, except for seasonal changes consistent with the quality and style initially approved by Licensor and not subsequently objected to by Licensor.
Appears in 2 contracts
Sources: Licensing Agreement, Licensing Agreement