Common use of No Confusing Domain Names or Keywords Clause in Contracts

No Confusing Domain Names or Keywords. Applicant agrees to cease use of, and/or not to register or use any Internet domain name, sponsored link/ad keyword, social media handle, avatar, or any other digital designation(s) or any keyword search term that, in SERI’s sole discretion, is: (i) confusingly similar to any of the Mark(s), or its constituent parts (such as “R2”), or the domain name of a SERI Website; or (ii) implies affiliation with SERI not expressly authorized by SERI, including by use of SERI’s other trademarks and service marks without prior written authorization (collectively, the “Confusing Digital Media”). Applicant agrees to transfer such Confusing Digital Media to SERI at SERI’s sole discretion and upon SERI’s request, whether such were registered/purchased by Applicant before, during or after the Term of this Agreement, and regardless of whether such request is made by SERI during or after the Agreement Term. SERI will pay the reasonable and mutually agreed upon administrative costs of such transfers for Confusing Digital Media registered by Applicant prior to entering into this Agreement, but such payment shall not in any event include any amount for goodwill or other value associated therewith, or any other directly or indirectly related costs, fees, and expenses.

No Confusing Domain Names or Keywords. Applicant agrees to cease use of, and/or not to register or use any Internet domain name, sponsored link/ad keyword, social media handle, avatar, or any other digital designation(s) or any keyword search term that, in SERI’s sole discretion, is: (i) confusingly similar to any of the Mark(sXxxx(s), or its constituent parts (such as “R2”), or the domain name of a SERI Website; or (ii) implies affiliation with SERI not expressly authorized by SERI, including by use of SERI’s other trademarks and service marks without prior written authorization (collectively, the “Confusing Digital Media”). Applicant agrees to transfer such Confusing Digital Media to SERI at SERI’s sole discretion and upon SERI’s request, whether such were registered/purchased by Applicant before, during or after the Term of this Agreement, and regardless of whether such request is made by SERI during or after the Agreement Term. SERI will pay the reasonable and mutually agreed upon administrative costs of such transfers for Confusing Digital Media registered by Applicant prior to entering into this Agreement, but such payment shall not in any event include any amount for goodwill or other value associated therewith, or any other directly or indirectly related costs, fees, and expenses.