Common use of Sublicensing and Distribution Clause in Contracts

Sublicensing and Distribution. Licensee is hereby granted the right, to the extent reasonably necessary to effectuate this Agreement for the benefit of the Parties, to sublicense its rights in the Licensed Indices and Licensed Marks to the Alpha Architect ETF Trust (the “Trust”)(of which each particular Fund is a series), and to sublicense its rights in the Licensed Marks to the Trust’s board of trustees and the Trust’s service providers. Licensee will use reasonable care to ensure no sublicensee hereunder exceeds the rights granted to it. Licensee shall not directly disseminate or otherwise publish, distribute or disclose to any third party any of the Licensed Indices except as may be required under applicable Laws or as otherwise described in Section 1(a) or Section 1(b).

Appears in 3 contracts

Sources: Index License Agreement (Alpha Architect ETF Trust), Index License Agreement (Alpha Architect ETF Trust), Index License Agreement (Alpha Architect ETF Trust)