Common use of Change in Marital Status Clause in Contracts

Change in Marital Status. If Licensee or one of its owners or guarantors has a change in marital status during the Term of this Agreement, Licensee shall promptly inform Licensor of that change and Licensee agrees that any new spouse will sign Licensor’s form guaranty, non-compete, and confidentiality agreements.

Appears in 1 contract

Samples: License Agreement

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