Common use of Maintenance and Prosecution of Product Trademarks Clause in Contracts

Maintenance and Prosecution of Product Trademarks. IceCure shall, at IceCure’s sole expense, control the registration, prosecution and maintenance of the Product Trademarks in the Territory; provided that IceCure shall keep Terumo reasonably informed of IceCure’s actions with respect thereto and shall consider in good faith any reasonable comments made by Terumo with respect thereto. If IceCure plans to abandon any such Product Trademark in the Territory, IceCure shall notify Terumo in writing at least ninety (90) days in advance of the due date of any payment or other action that is required to maintain such Product Trademark, and Terumo may elect, upon written notice within such ninety (90)-day period to IceCure, to make such payment or take such action, at Terumo’s expense, and IceCure shall reasonably cooperate with Terumo in connection with such maintenance activities.

Maintenance and Prosecution of Product Trademarks. IceCure shall, at IceCure’s sole expense, control the registration, prosecution and maintenance of the Product Trademarks in the Territory and the Limited Territory; provided that IceCure shall keep Terumo reasonably informed of IceCure’s actions with respect thereto and shall consider in good faith any reasonable comments made by Terumo with respect thereto. If IceCure plans to abandon any such Product Trademark in the Territory and/or the Limited Territory, IceCure shall notify Terumo in writing at least ninety (90) days in advance of the due date of any payment or other action that is required to maintain such Product Trademark, and Terumo may elect, upon written notice within such ninety (90)-day period to IceCure, to make such payment or take such action, at Terumo’s expense, and IceCure shall reasonably cooperate with Terumo in connection with such maintenance activities.