KENFOX IP & Law Office > Related Matters in Vietnam  > Trademark Licensing (Page 3)

Technical Assistance

ABC shall, by request of XYZ, permit a reasonable number of technical personnel designated by XYZ to have opportunity to study to manufacture of the Licensed Products at the plants of ABC. Such personnel shall be given adequate training to acquaint themselves with production design, production engineering, processes of production and testing of the Licensed Products. Such personnel shall be permitted to make notes and sketches and to procure pertinent technical and photographs in possession of ABC relating to the foregoing including the cost of raw materials and methods of quality control which may be in use in connection with...

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Modifications

Since all of the situations which are likely to arise as a result of this Agreement cannot be foreseen, the parties hereto intend to discuss and execute such modifications of this Agreement as seem appropriate through mutual consent. Any such modifications shall be signed by the parties hereto and become a part of this Agreement...

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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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