FORM OF
NON-EXCLUSIVE LICENSE AGREEMENT
AGREEMENT dated as of _______, 1996 between BULL & BEAR GROUP, INC., a
Delaware corporation (the "Licensor") and BULL & BEAR GOLD INVESTORS LTD., a
Maryland corporation (the "Licensee").
W I T N E S S E T H
WHEREAS, the Licensor is the owner of all right, title and interest in
and to the service marks listed on Annex A hereto, as such Annex may be amended
from time to time, (hereinafter collectively referred to as the "Licensed
Marks"), and
WHEREAS, the Licensee has requested a non-exclusive license to use the
Licensed Marks in connection with its activities as a registered closed-end
management investment company, and
WHEREAS, the Licensor has agreed that the Licensee may use the Licensed
Marks on a non-exclusive basis so long as a corporation affiliated with the
Licensor is the Investment Manager of the Licensee.
NOW, THEREFORE, the parties hereto agree as follows:
1. The Licensor grants to the Licensee the non-exclusive right to use the
Licensed Marks in connection with its activities as an investment company.
2. The grant of the license provided for in paragraph 1 herein is personal,
indivisible, non-exclusive and not subject to succession or transfer.
3. The Licensee agrees to follow all rules reasonably imposed by the Licensor
to protect the Licensor's rights in the Licensed Marks.
4. The Licensee agrees that the nature and quality of all services rendered by
the Licensee in connection with the Licensed Marks shall conform to
standards set by the Licensor and be under control of the Licensor.
5. The license provided for in this Agreement may be terminated in the event
the Investment Manager of the Licensee shall not be Bull & Bear Advisers,
Inc. or some other corporation controlling, controlled by, or under the
common control of the Licensor.
EXHIBIT.9F
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6. In the event of termination as provided for in paragraph 5 herein, the
Licensee agrees to do all such acts and things as may be necessary to
terminate its use of the Licensed Marks and will, after such
termination, make no further reference to the Licensed Marks or any
confusingly similar term in its business.
7. The Licensor and the Licensee agree to do all such further acts and things to
effect the purposes of this Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed and delivered as of the day and year first above written.
BULL & BEAR GROUP, INC.
By: _________________________________
BULL & BEAR GOLD INVESTORS LTD.
By: _________________________________
EXHIBIT.9F
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ANNEX A
1. Bull & Bear Performance Account
2. Bull & Bear Performance Plus Account
3. Performance
4. Bull & Bear
5. Performance Driven
6. Bull & Bear Performance Driven
7. Bull & Bear Stockfax
8. Bull & Bear No-Fee XXX
9. Performance Plus
EXHIBIT.9F
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