KENFOX IP & Law Office > IP Practice  > Related Matters in Vietnam (Page 6)

Severability

lf any provision or any portion of any provision of this Agreement shall be held to be void or unenforceable, the remaining provisions of this Agreement and the remaining portion of any provision held void or unenforceable In part shall continue in full force and effect....

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Term or Duration

This Agreement shall, subject to validity of Patents, remain In force for a period … years from the date of execution and shall remain in force for an additional … year period unless written notice of termination is provided by either party to the other at least … days before the expiration of the period of first … years....

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Supply of Technical

Within (…) days after the Effective Date, ABC shall furnish XYZ in documentary form all Technical which shall be necessary and sufficient for XYZ to manufacture, use and sell the Licensed Products. During the term of this Agreement, ABC shall continue to furnish XYZ, by request of XYZ, Technical in documentary form of otherwise without additional charge therefore....

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Termination

On a breach of this Agreement by the other provided that the party not in breach may, in lieu of terminating this agreement, call upon the other party to remedy the said breach within a specified time and should the said breach be remedied then this Agreement shall continue in force upon the same terms...

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Steps After Termination

Upon the termination of this Agreement in any manner provided herein, Licensee shall stop the use of the Patents and return to Licensor all Know-How and other technical Information furnished by Licensor to Licensee and shall thereafter make no further use of the same nor of any knowledge, skill or other data as to any and all of the Licensed Product covered by this Agreement, whether acquired from Licensor or directly by Licensee nor divulge nor disclose the same to any one, and Licensee shall cease and desist from continuing the manufacture, use and sale of any and all of...

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Incontestability

Licensee shall, during the term of this Agreement, admit the validity of the Patents and/or Trademarks and agree that, if admissible under the existing laws and regulations of the Territory, Licensee shall not, either directly or indirectly, contest nor assist others in contesting the validity of the Patents and/or Trademarks....

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Competitive Products

Licensee undertakes not to manufacture, use, sell or otherwise deal in any products competitive in price and quality with the Licensed Product without the previous consent in writing of Company. Licensee represents and Company admits, however, that at the present time it is, through an affiliated company, (…), involved in the manufacture and distribution in (…) of (…) and (…), which are not in direct competition with those of Company....

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