Common use of Use of Names and Logos Clause in Contracts

Use of Names and Logos. The parties agree that the names of both the Sub-Adviser and MassMutual, the names of any affiliates of the Sub-Adviser or MassMutual and any derivative or logo or trademark or service xxxx or trade name are the valuable property of the Sub-Adviser, MassMutual and each company’s affiliates. MassMutual and the Fund shall have the right to use such name(s), derivatives, logos, trademarks or service marks or trade names only with the prior written approval of the Sub-Adviser, which approval shall not be unreasonably withheld or delayed so long as this Sub-Advisory Agreement is in effect. Similarly, the Sub-Adviser shall have the right to use such name(s), derivatives, logos, trademarks or service marks or trade names only with the prior written approval of MassMutual, which approval shall not be unreasonably withheld or delayed so long as this Sub-Advisory Agreement is in effect. MassMutual and the Fund agree that they will place all necessary and proper notices and legends in order to protect the interests of the Sub-Adviser and its affiliates therein pertaining to the X. Xxxx Price trademarks including, but not limited to, common law trademark symbol “TM”, common law service xxxx symbol “SM”, and registered xxxx symbol “®”. MassMutual and the Fund will place such symbols and legends on prospectuses, financial reports, fund fact sheets or any other promotional materials as requested by the Sub-Adviser, and will include a legend on such materials stating, “X. Xxxx Price and the Bighorn Sheep logo are registered trademarks of X. Xxxx Price Group, Inc.” It is understood that certain materials used in the ordinary course of business, such as prospectuses, financial reports, fund fact sheets and materials provided to the Trustees, do not require such prior approval. Upon termination of this Sub-Advisory Agreement, the Sub-Adviser, MassMutual and the Fund shall forthwith cease to use such name(s), derivatives, logos, trademarks or service marks or trade names. The Sub-Adviser, MassMutual and the Fund agree that they will each review with the other parties any advertisement, sales literature, or notice prior to its use that makes reference to the Sub-Adviser, MassMutual or their affiliates, as applicable, or any such name(s), derivatives, logos, trademarks, service marks or trade names so that the Sub-Adviser, MassMutual or their affiliates may review the context in which they are referred to, it being agreed that each party shall have no responsibility to ensure the adequacy of the form or content of such materials used by the other parties for purposes of the Act or other applicable laws and regulations. If the Sub-Adviser, MassMutual or the Fund makes any unauthorized use of another party’s names, derivatives, logos, trademarks or service marks or trade names, the parties acknowledge that the other parties shall suffer irreparable harm for which monetary damages are inadequate and thus, the other parties shall be entitled to injunctive relief.

Appears in 7 contracts

Samples: Investment Sub Advisory Agreement (Massmutual Select Funds), Sub Advisory Agreement (MML Series Investment Fund), Sub Advisory Agreement (MML Series Investment Fund)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.