Common use of Retail Stores Clause in Contracts

Retail Stores. Licensee shall be responsible for the payment, pursuant to the provisions of SECTION 12.1, of all costs and expenses associated with the operation of Licensee Retail Stores in the BTAs. Such costs include, without limitation, all lease and related payments for the retail store locations, all leasehold improvements, all furniture, fixtures, and equipment, all utilities, all telephone systems, and all PC equipment/software in such locations. To the extent that Manager directly pays any of such costs and expenses, Licensee shall reimburse Manager upon the terms and conditions set forth in SECTION 11. 1. The sales representatives and store managers in the Retail Stores will be employees of Licensee. These employees will report to one of Manager's executives (or an employee who reports directly to such executive). Licensee acknowledges and agrees that Manager will have the authority to make all decisions with respect to all aspects of owning and operating the Retail Stores, including without limitation, opening new Retail Stores and eliminating existing Retail Stores.

Retail Stores. Licensee shall be responsible for the payment, pursuant to the provisions of SECTION Section 12.1, of all costs and expenses associated with the operation of Licensee Retail Stores in the BTAs. Such costs include, without limitation, all lease and related payments for the retail store locations, all leasehold improvements, all furniture, fixtures, fixtures and equipment, all utilities, all telephone systems, systems and all PC equipment/software in such locations. To the extent that Manager directly pays any of such costs and expenses, Licensee shall reimburse Manager upon the terms and conditions set forth in SECTION 11. 1. The sales representatives and store managers in the Retail Stores will be employees of Licensee. These employees will be selected by and report to one of Manager's executives (or an employee who reports directly to such executive). Licensee acknowledges and agrees that Manager will have the authority to make all decisions with respect to all aspects of owning and operating the Retail Stores, including without limitation, opening new Retail Stores and Stores, eliminating existing Retail Stores, and selling, on behalf of Licensee, the underlying real estate with respect to any Retail Store.