Trademark Determination Sample Clauses

Trademark Determination. Upon request of either party, the parties must confer and consult with each other regarding the trademarks, service marks and other branding in the Licensed Territory (collectively, the “Marks”) that will be used for the commercialization, marketing and other promotion of any Licensed Product for which the filing for MA Approval in the Licensed Territory has been made; provided that TILLOTTS may make final decisions with respect to the Marks in the Licensed Territory. During the Term, TILLOTTS will own all rights, title and interest in and to the applicable Marks in the Licensed Territory and the goodwill of TILLOTTS’ business in which the Marks are used and which is symbolized by the Marks (which, for the avoidance of doubt, does not include any ownership right or interest in or to the Licensed Patents, Licensed Information and CPP Improvements) in the Licensed Territory and CPP will own all rights, title and interest in and to the applicable Marks in all countries outside the Licensed Territory and the goodwill of CPP’s business in which the Marks are used and which is symbolized by the Marks in all countries outside the Licensed Territory. At its sole expense, TILLOTTS must file applications to register, in all countries of the Licensed Territory, all the Marks agreed upon by the parties. Upon normal expiration of this Agreement, TILLOTTS’ ownership of the Marks in the Licensed Territory and the corresponding goodwill described above will irrevocably and permanently vest in TILLOTTS. If this Agreement is terminated before its normal expiration for any reason other than CPP’s breach of this Agreement, then TILLOTTS hereby irrevocably assigns to CPP upon such termination all right, title and interest in and to the applicable Marks in the Licensed Territory and the goodwill of TILLOTTS’ business in which the Marks are used and which is symbolized by the Marks. TILLOTTS must execute and deliver any documents and further assurances as CPP may reasonably request to confirm, evidence and perfect the assignment of those Marks, goodwill and rights in and to CPP. CPP will have the right, but not the obligation, to file applications to register the Marks in countries outside the Licensed Territory at its sole expense.
Sample 1
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Related to Trademark Determination

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