Product Packaging. Varex (and each other member of the Varex Group) shall have the License to use and have used the Licensed Marks on Licensed Product packaging for a period of two (2) years after the Distribution Date, with no extension option. During such two (2) year period, Varex shall ensure that any branding on any Licensed Product packaging matches the Commercial Documentation and product labeling for the corresponding Licensed Product; provided, however, that if Commercial Documentation uses the Licensed Marks, then the corresponding Licensed Product packaging may be dual branded with the Licensed Marks and Varex’s marks. For the avoidance of doubt, after such two (2) year period, if Varex desires to use any Licensed Product inventory that is in packaging using the Licensed Marks, Varex shall be required to repackage such inventory without use of the Licensed Marks.
Appears in 5 contracts
Samples: Trademark License Agreement, Trademark License Agreement, Trademark License Agreement (Varex Imaging Corp)
