Common use of Exclusive License Grant Clause in Contracts

Exclusive License Grant. On and subject to the terms of this Agreement, Licensor hereby grants to Licensee the exclusive (even as to Licensor), sublicensable (to the extent permitted by Section 18), irrevocable (except as expressly set forth in Section 17.A), non-terminable (except as expressly set forth in Section 17.A) right and license to use the Licensed Property, within the Territory, for any and all lawful purposes, including on or in connection with: (1) the design, manufacture, distribution, sale and promotion of Goods and Services, including for sales through Specified Trade Channels, solely during the Term; (2) operation of brick-and-mortar store locations in the Territory branded under the EXPRESS® trademark or any other EXPRESS-formative Mark (“Branded Brick-and-Mortar Stores”), solely during the Term; (3) operation of the e-commerce sites branded under any Mark (including xxx.xxxxxxx.xxx and other sites branded under the EXPRESS® trademarks) (the “Branded E-Com Sites”), solely in the Territory (except for Permitted Ex-US Sales), and solely during the Term; (4) operation of marketplaces branded under any Mark (the “Branded Marketplaces”) in the Territory, solely during the Term; (5) participating in other marketplace platforms in the Territory, solely during the Term; (6) the design, manufacture, distribution, sale and promotion of Reserved Goods and Services, including for sale through Branded Brick-and-Mortar Stores, Branded E-Com Sites and Branded Marketplaces, solely during the Term; (7) operation and use of domain names, social media accounts, and other Internet properties and digital assets (including as part of the name or address of the foregoing), in connection with Branded Brick-and-Mortar Stores, Branded E-Com Sites, or otherwise in connection with the license rights granted hereunder in the Territory, solely during the Term; and (8) as part of a stock ticker name, corporate name, or trade name, in the Territory, solely during the Term.

Exclusive License Grant. On and subject to the terms of this Agreement, Licensor hereby grants to Licensee the exclusive (even as to Licensor), sublicensable (to the extent permitted by Section 18), irrevocable (except as expressly set forth in Section 17.A), non-terminable (except as expressly set forth in Section 17.A) right and license to use the Licensed Property, within the Territory, for any and all lawful purposes, including on or in connection with: (1) the design, manufacture, distribution, sale and promotion of Goods and Services, including for sales through Specified Trade Channels, solely during the Term; (2) operation of brick-and-mortar store locations in the Territory branded under the EXPRESSBONOBOS® trademark or GUIDESHOP® trademarks or any other EXPRESSBONOBOS-formative or GUIDESHOP-formative Mark (“Branded Brick-and-Mortar Stores”), solely during the Term; (3) operation of the e-commerce sites branded under any Mark (including xxx.xxxxxxx.xxx and other sites branded under the EXPRESSBONOBOS® trademarks) (the “Branded E-Com Sites”), solely in the Territory (except for Permitted Ex-US Sales), and solely during the Term; (4) operation of marketplaces branded under any Mark (the “Branded Marketplaces”) in the Territory, solely during the Term; (5) participating in other marketplace platforms in the Territory, solely during the Term; (6) the design, manufacture, distribution, sale and promotion of Reserved Goods and Services, including for sale through Branded Brick-and-Mortar Stores, Branded E-Com Sites and Branded Marketplaces, solely during the Term; (7) operation and use of domain names, social media accounts, and other Internet properties and digital assets (including as part of the name or address of the foregoing), in connection with Branded Brick-and-Mortar Stores, Branded E-Com Sites, or otherwise in connection with the license rights granted hereunder in the Territory, solely during the Term; and (8) as part of a stock ticker “doing business as” or “assumed name, corporate name, or ” trade name, name in the Territory, solely during the Term.