Common use of APPROVAL OF LICENSED PRODUCTS Clause in Contracts

APPROVAL OF LICENSED PRODUCTS. On at least an annual basis, or more frequently as necessary for the introduction of new Licensed Products during the year, Licensee shall obtain S&W’s prior written approval, which shall not be unreasonably withheld, of all Licensed Products or any changes to Licensed Products. As requested by Licensor, Licensee will deliver to S&W at no cost for approval by S&W samples of each Licensed Product, and any material change thereto, prior to Licensee’s production manufacturing, initial presentation, sale or other use of such Licensed Products, and shall otherwise comply with S&W product approval policies and procedures, as amended from time to time, and communicated in writing to Licensee. Licensee shall obtain, in writing, all necessary and applicable approvals in S&W’s chain of command as identified to Licensee from time to time.

Appears in 6 contracts

Samples: Trademark License Agreement (Smith & Wesson Brands, Inc.), Trademark License Agreement (American Outdoor Brands, Inc.), Trademark License Agreement (American Outdoor Brands, Inc.)

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