Harvxx Xxxrary. (a Domestic Territory. With respect to television Exploitation of Harvxx Xxxrary Products, the Harvxx Xxxup is free to enter into agreements with third Persons with respect to the television Exploitation of Harvxx Xxxrary Product, provided that such agreement is entered into on or before December 31, 1990; provided, however, that the term of the television Exploitation of Harvxx Xxxrary Products by third Person(s) pursuant to any such agreement shall not exceed six (6) years from the date of such agreement. With respect to all other television Exploitation of Harvxx Xxxrary Products in the Domestic Territory, Universal shall have First Negotiation/First Refusal Rights, except that on and after the Settlement Date such First Negotiation/First Refusal Rights shall be applicable only to Characters and Products described in Subsection 3.1(b).
(b Foreign Territory. With respect to all television Exploitation of Harvxx Xxxrary Products in the Foreign Territory, subject only to licenses in existence on the Original Agreement Date and listed or otherwise referred to on the Schedules to the Stock Purchase Agreement, Universal's First Negotiation/First Refusal Rights shall expire on the Settlement Date.
Harvxx Xxxrary. As of August 22, 1997, Universal and Harvxx xxxered into an Assignment and Assumption Agreement, attached hereto as Exhibit 4.2, pursuant to which Universal assigned back to Harvxx xxx of Universal's then existing rights in the home video exploitation of Harvxx Xxxrary Products. Such Assignment and Assumption Agreement is hereby incorporated by reference as though set forth fully hereat.
