EXHIBIT 10.21
TRADEMARK LICENSING AGREEMENT BETWEEN
HOMELIFE, INC. AND JEROME'S MAGIC WORLD, INC.
TRADEMARK LICENSING AGREEMENT
This trademark licensing agreement is between HomeLife, Inc. ("HomeLife")
0000 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxxx Xxxxx, XX 00000, and Jerome's Magic
World, Inc. ("Xxxxxx") 0000 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxxx Xxxxx, XX 00000.
WHEREAS HomeLife wishes to license certain trademarks from by
Xxxxxx, and Xxxxxx agrees to license certain trademarks to HomeLife, Xxxxxx
states the terms under which it is willing to license the trademarks to
HomeLife.
TERMS OF THE LICENSING AGREEMENT
1) The trademarks to be licensed are "King D List", "Crok 'N Roll", "Waz",
"Xxxxxx". "Rockhead", "Xxxxxx the Gnome", "Xxxxx the Elf and Gerome the
Gnome", "GnomeLife", "GnomeLife HL", and "Xxxxxx XX".
2) The term of this agreement shall be for the eight years commencing on
the date of this agreement.
3) There shall be no cost to HomeLife for the licensing of these
trademarks during the term of this agreement. Thereafter, Xxxxxx may
renew the license at the fair market value, to be determined by
HomeLife and Xxxxxx.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement on the 30th
day of October 1995.
HomeLife, Inc. Jerome's Magic World, Inc.
/s/ Xxxxxx Xxxxxxxx /s/ Xxxxxx Xxxxxxxx
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Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxxx