23 April

Sticky

The most favored treatment

If, at any time during the term of this Agreement, Licensor grants any other license under the Patents, Trademarks and Technical to any third party in connection with the manufacture, use and sale of the Licensed Products in the Non- Exclusive Territory at more favorable consideration than those provided herein, Licensor shall promptly notify Licensee in writing the details of such other license and Licensee may have the option right of adopting equally favorable consideration. ...

23 April

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Warranty

Posted by KENFOX IP

in Trademark Licensing

Licensor declares that it is the proper and sole owner of the Patents and Trademarks licensed to Licensee hereunder and guarantees to diligently maintain the Patents and Trademarks...

23 April

0 Comments

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Quality Control

Posted by KENFOX IP

in Trademark Licensing

Licensee warrants that the Licensed Product manufactured and sold hereunder shall be at Its own responsibility of good quality comparable to corresponding products manufactured and sold by Licensor and shall be suitable for their intended purpose: that no injurious, poisonous, deleterious or toxic compounds and chemical raw materials will be used In or on the Licensed Product, that the Licensed Product will not be inherently dangerous to the users thereof and that the Licensed Product will be manufactured, used and sold by Licensee in strict compliance with all applicable laws and regulations of the countries of the Territory....

23 April

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Infringement suits

Posted by KENFOX IP

in Trademark Licensing

Licensee shall promptly Inform Licensor of any suspected Infringement of any Patent granted on the said application and Licensor shall prosecute, but only after full consultation with Licensee from which Licensor is satisfied that actual Infringement is taking place...

23 April

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Improvement

Posted by KENFOX IP

in Trademark Licensing

If Licensee develops any improvements or invention relating to Licensed Technology and secure one or more patents on any of such Improvements or Inventions during the term of this Agreement, Licensee shall equally share the ownership of said patents, nevertheless all the rights shall be borne by Licensee....

23 April

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Trademarks License

Posted by KENFOX IP

in Trademark Licensing

Licensee undertakes to ensure that any sales of the Products shall be made under the trademark authorized by Licensor for each system. Licensee's use of the trademarks shall be in compliance with Licensor's instruction as to all respects....

23 April

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Sublicense

Posted by KENFOX IP

in Trademark Licensing

The Licensee may not grant any sub-licenses without the ex- press written consent of the Licensor. The Licensee may not grant to any sub-licensee a right further to sub-license....

23 April

0 Comments

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Confidentiality or Keeping Secrecy

Posted by KENFOX IP

in Trademark Licensing

During the term of this Agreement and for…years after the termination thereof, Licensee shall hold in confidence and shall not disclose to any third party all TECHNICAL furnished by Licensor hereunder except for the following TECHNICAL:...

23 April

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Cancellation

Posted by KENFOX IP

in Trademark Licensing

This Agreement may be terminated at any time, by either party, if the other party default in the performance o any of Its substantial undertakings in this Agreement and in each case if such default has not been remedied to the reasonable satisfaction of the non-defaulting party within ninety (90) days after written notice of such default has been given to the defaulting party....

23 April

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Technical Training

Posted by KENFOX IP

in Trademark Licensing

During the period of twelve (12) months immediately following the Effective Date the Licensor shall, at the Licensee’s request, procure the attendance from time to time of a qualified representative of the Licensor or its consultant at the premises of the Licensee or at such other places as may be agreed between the parties to give assistance in the start-up and initial manufacture of Licensed Product pursuant to this Agreement. The Licensee shall reimburse the Licensor in respect of traveling (including business class air fare) and accommodation expenses of the representative or consultant for any such attendance, not later than...