Use of Licensed Trademarks. (a) Licensee agrees and undertakes to use the Licensed Trademarks in compliance with any and all applicable trademark and other laws and to use such legends, markings or notices in connection therewith as are required by law or otherwise reasonably required by Licensor to protect Licensor's rights. Upon expiration or termination of this Agreement for any reason whatsoever, Licensee will execute and file any and all documents required by Licensor regarding the Licensed Trademarks which Licensor shall require. Licensor shall bear all expenses reasonably incurred in preparing and recording any such documents. (b) Licensor's ownership of the Licensed Trademarks shall be shown in connection with all uses of the Licensed Trademarks by Licensee by means of an appropriate legend or other designation approved by Licensor. (c) Licensee shall not at any time use the Licensed Trademarks or the Licensed Products, or any material utilizing or reproducing the Licensed Trademarks or Licensed Products in a manner that derogates the value, reputation or good will associated with the Licensed Trademarks. (d) Licensee shall not use the Licensed Trademarks, in whole or in part, in close proximity with Licensee's or a third party's trademark, trade name or corporate name or any new trademark, trade name or corporate name so as reasonably to create a net impression that a Licensed Trademark is modified or a part of any new trademark, trade name or that a Licensed Trademark is the property of the Licensee. (e) Licensee shall not use any other trademarks, trade names or corporate names which are confusingly or deceptively similar to the Licensed Trademarks during the Term or thereafter, as long as such Trademarks remain in effect. (f) Licensee shall notify Licensor immediately of any inquiry, investigation, litigation, inspection or any other action by any governmental body or other person or entity, with respect to the production, promotion, sale or distribution of any Licensed Products bearing any Licensed Trademark which pertains to product quality and/or safety or which relate to the Licensed Trademarks. (g) Licensee acknowledges that Licensor has reserved the right to modify the Licensed Trademarks and Licensee agrees to incorporate any such modifications in connection with all use by it of the Licensed Trademarks and Licensee shall immediately cease its use of the original Licensed Trademarks, provided that Licensee shall be permitted to use all inventory of packaging materials bearing the original Licensed Trademarks. Any artwork and designs involving the Licensed Trademark shall, at all times, be and remain the property of Licensor.
Appears in 1 contract
Sources: Trademark License and Supply Agreement (Stephan Co)
Use of Licensed Trademarks. (a) Licensee agrees and undertakes to use the Licensed Trademarks in compliance with any and all applicable trademark and other laws and to use such legends, markings or notices in connection therewith as are required by law or otherwise reasonably required by Licensor to protect Licensor's rights. Upon expiration or termination of this License Agreement for any reason whatsoever, Licensee will execute and file any and all documents required by Licensor regarding the Licensed Trademarks which Licensor shall require. Licensor shall bear all expenses reasonably incurred in preparing and recording any such documents.
(b) Licensor's ownership of the Licensed Trademarks shall be shown in connection with all uses of the Licensed Trademarks by Licensee License by the following legend, or by means of an such other appropriate legend or other designation approved by Licensor: "CASHMERE BOUQUET and CASHMERE BOUQUET Logo are registered trademark owned and licensed by Colgate-Palmolive Company, New Yo▇▇, ▇▇ ▇▇▇▇▇".
(c) Licensee shall not at any time use the Licensed Trademarks or the Licensed Products, or any material utilizing or reproducing the Licensed Trademarks or Licensed Products in a manner that derogates the value, reputation or good will associated with the Licensed Trademarks.
(d) Licensee shall not use the Licensed Trademarks, in whole or in part, in close proximity with Licensee's or a third party's trademark, trade name or corporate name or any new trademark, trade name or corporate name so as reasonably to create a net impression that a Licensed Trademark Trademark, is modified or a part of any new trademark, trade name or that a Licensed Trademark is the property of the Licensee.
(e) Licensee shall not use any other trademarks, trade names or corporate names which are confusingly or deceptively similar to the Licensed Trademarks during the Term or thereafter, as long as such Trademarks remain in effect.
(f) Licensee shall notify Licensor immediately of any inquiry, investigation, litigation, inspection or any other action by any governmental body or other person or entity, with respect to the production, promotion, sale or distribution of any Licensed Products bearing any Licensed Trademark which pertains to product quality and/or safety or which relate to the Licensed Trademarks.
(g) Licensee acknowledges that Licensor has reserved the right to modify the Licensed Trademarks and Licensee agrees to incorporate any such modifications in connection with all use by it of the Licensed Trademarks and Licensee shall immediately cease its use of the original Licensed Trademarks, provided that Licensee shall be permitted to use all inventory of packaging materials bearing the original Licensed Trademarks. Any artwork and designs involving the Licensed Trademark shall, at all times, be and remain the property of Licensor.
Appears in 1 contract
Sources: Acquisition Agreement (Stephan Co)