EXHIBIT 10.4
TRADEMARK SECURITY AGREEMENT
TRADEMARK SECURITY AGREEMENT (this "SECURITY AGREEMENT"), dated as of
November 9, 2004, by and between TAG-IT PACIFIC, INC., a Delaware corporation
("DEBTOR"), in favor of the Secured Parties identified on the Signature Page to
this Agreement and party to the Subscription Agreements referred to below (such
Secured Parties and their respective successors, endorsees, transferees and
assigns, individually, a "SECURED PARTY" and collectively the "SECURED
PARTIES").
W I T N E S S E T H:
WHEREAS, pursuant to a Subscription Agreement between Debtor and each
Secured Party (as the same may from time to time be amended, modified, or
supplemented, each a "SUBSCRIPTION AGREEMENT" and collectively, the
"SUBSCRIPTION AGREEMENTS"), each Secured Party has agreed to make a loan
(collectively, the "CONVERTIBLE NOTE Loans") to Debtor; and
WHEREAS, Debtor owns, or in the case of licenses is a party to, the
Trademark Collateral (as defined below);
WHEREAS, each Secured Party is willing to make a Convertible Note Loan
but only upon the condition, among others, that Debtor shall have executed and
delivered this Security Agreement to the Secured Parties for the ratable benefit
of the Secured Parties.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged:
1. GRANT OF SECURITY INTEREST. Debtor hereby grants to the
Secured Parties, for the ratable benefit of the Secured Parties, to secure the
Debtor's Obligations (as defined below), a continuing security interest in all
of the Debtor's right, title and interest in, to and under the following (all of
the following items or types of property being herein collectively referred to
as the "TRADEMARK COLLATERAL"), whether now owned or existing or hereafter
acquired or arising:
(i) the name and trademark "TALON" and all marks and
logos which incorporate the trademark "TALON" owned by the Debtor, all
derivatives of the marks, and all applications and registrations in the
United States Patent and Trademark Office with respect to the marks,
including, but not limited to, those applications and registrations
more particularly described in SCHEDULE I hereto, and all of the
goodwill of the business connected with the use of, or symbolized by,
any of the foregoing (the "TRADEMARKS"); and
(ii) all proceeds of and revenues from the Trademarks,
including, without limitation, all proceeds of and revenues from any
claim by the Debtor against third parties for past, present or future
unfair competition with, or violation of intellectual property rights
in connection with or injury to, or infringement or dilution of, the
Trademark, or for injury to the goodwill associated with the Trademarks
(the "PROCEEDS").
As used herein, "DEBTOR'S OBLIGATIONS" means (i) all of the unpaid
principal amount of, and accrued interest on, the promissory notes evidencing
the Convertible Note Loans (the "NOTES"); (ii) all fees and costs owing by
Debtor under the Subscription Agreements to any Secured Party; and (iii) all
other indebtedness, liabilities and obligations of Debtor to any Secured Party,
whether now existing or hereafter incurred, created under, arising out of, or in
connection with the Subscription Agreements, the Notes or this Security
Agreement.
2. REPRESENTATIONS, WARRANTIES AND COVENANTS. Debtor hereby
represents, warrants and covenants that:
2.1 OWNERSHIP; RIGHT TO USE. Except for liens on the
Trademark Collateral in existence on the date hereof, Debtor is the sole owner
of, or in the case of licenses is a party to, the Trademark Collateral in which
it purports to grant a security interest hereunder. Debtor has the right to use
the registered Trademarks in connection with the sale of zippers and zipper
components in the United States without interfering with, infringing upon,
misappropriating or otherwise violating the intellectual property rights of any
other person.
2.2 INDEMNIFICATION. In any suit, proceeding, or action
brought by any Secured Party, or against any Secured Party by a third party,
relating to or arising from any of the Trademark Collateral, Debtor will save,
indemnify, and keep each Secured Party harmless from and against all expense,
loss, or damage of whatsoever nature arising out of or relating in any way to
this Agreement (including without limitation any misrepresentation in, or breach
of, any representation, warranty or covenant of Debtor contained in this
Agreement) or any action hereunder.
2.3 CONTINUOUS PERFECTION. Debtor will not change its
name, identity, or corporate structure in any manner that might make any
financing or continuation statement filed in connection herewith seriously
misleading within the meaning of section 9507 of the California Uniform
Commercial Code ("UCC") (or any other then applicable provision of the UCC) or
rendered ineffective or cause the security interests granted herein to become
unperfected as a result of such removal or change, unless Debtor shall have
given Secured Parties at least fifteen (15) days' prior written notice thereof
and shall have taken all action (or made arrangements to take such action
substantially simultaneously with such change if it is impossible to take such
action in advance) necessary or reasonably requested by Secured Parties to amend
such financing statement or continuation statement so that it is not seriously
misleading or rendered ineffective or unperfected.
2.4 FURTHER ASSURANCES. The Debtor shall at its expense
do, file, record, make, execute and deliver all such acts, notices, instruments,
statements or other documents as the Secured Parties may reasonably request
(which request may be oral or in writing) to register in the name of the Secured
Parties, perfect, preserve or otherwise protect the security interest of the
Secured Parties in the Trademark Collateral, or any part thereof under the UCC
or with the United States Patent and Trademark Office or to give effect to the
rights, powers and remedies of the Secured Parties under this Agreement.
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2.5 NO ABANDONMENT. Debtor shall not abandon use of the
word xxxx "TALON" in connection with the sale of zippers and zipper components
in the United States without prior written notice to the Secured Parties.
3. APPOINTMENT AS ATTORNEY-IN-FACT. Debtor irrevocably
constitutes and appoints the Secured Parties and each of them, and any officer
thereof, with full power of substitution, as its true and lawful
attorney-in-fact with full power and authority in the name of the Debtor or in
the Secured Parties' name, from time to time, in the Secured Parties'
discretion, so long as any event of default (as defined in the Notes) shall have
occurred and be continuing under the Notes, to take with respect to the
Trademark Collateral any and all appropriate action which the Debtor might take
with respect to the Trademark Collateral and to execute any and all documents
and instruments which may be necessary or desirable to carry out the terms of
this Security Agreement and to accomplish the purposes hereof.
4. PERFORMANCE BY SECURED PARTIES OF DEBTOR'S OBLIGATIONS. If
Debtor fails to perform or comply with any of its agreements contained herein
and Secured Parties, as provided for by the terms of this Security Agreement,
shall themselves perform or comply, or otherwise cause performance or
compliance, with such agreement, the reasonable expenses of Secured Parties
incurred in connection with such performance or compliance, together with
interest thereon at the rate then in effect in respect of the Convertible Note
Loans, shall be payable by Debtor to the Secured Parties, for the ratable
benefit of all Secured Parties, on demand and shall constitute Debtor's
Obligations secured hereby.
5. REMEDIES, RIGHTS UPON DEFAULT.
5.1 If any default or event of default shall occur and be
continuing under the Notes or hereunder, Secured Parties may, and shall at the
request of Secured Parties holding a majority in the principal amount of Notes
then outstanding, exercise in addition to all other rights and remedies granted
to them in this Security Agreement and in any other instrument or agreement
securing, evidencing, or relating to the Debtors Obligations, all rights and
remedies of a secured party under the UCC or under applicable law. Without
limiting the generality of the foregoing, Debtor expressly agrees that in any
such event Secured Parties, without demand of performance or other demand,
advertisement, or notice of any kind (except the notice specified below of time
and place of public or private sale) to or upon Debtor or any other person (all
and each of which demands, advertisements, and/or notices are hereby expressly
waived to the maximum extent permitted by the UCC and other applicable law), may
forthwith collect, receive, appropriate, and realize upon the Trademark
Collateral, or any part thereof, and/or may forthwith sell, lease, license,
assign, give an option or options to purchase, or sell or otherwise dispose of
and deliver such Trademark Collateral (or contract to do so), or any part
thereof, in one or more parcels at public or private sale or sales, at any
exchange or broker's board or at any of Secured Party's offices or elsewhere at
such price as it may deem best, for cash or on credit or for future delivery
without assumption of any credit risk. Secured Parties shall have the right upon
any such public sale or sales, and, to the extent permitted by law, upon any
such private sale or sales, to purchase the whole or any part of such Trademark
Collateral so sold, free of any right or equity of redemption, which equity of
redemption Debtor hereby releases. Secured Parties shall apply the net proceeds
of any such collection, recovery, receipt, appropriation, realization, or sale,
as provided in Section 5.4 hereof, Debtor remaining liable for any deficiency
remaining unpaid after
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such application. Only after so paying over such net proceeds and after the
payment by Secured Parties of any other amount required by any provision of law,
including section 9615(a)(3) of the UCC, need Secured Parties account for the
surplus, if any, to Debtor. To the maximum extent permitted by applicable law,
Debtor waives all claims, damages, and demands against Secured Parties arising
out of the repossession, retention, or sale of the Trademark Collateral except
such as arise out of the gross negligence or willful misconduct of any Secured
Party. Debtor agrees that Secured Parties need not give more than twenty (20)
days' notice (which notification shall be deemed given when mailed or delivered
on an overnight basis, postage prepaid, addressed to Debtor at its address
referred to in SECTION 9 hereof) of the time and place of any public sale or of
the time after which a private sale may take place and that such notice is
reasonable notification of such matters. Debtor shall remain liable for any
deficiency if the proceeds of any sale or disposition of the Trademark
Collateral are insufficient to pay all amounts to which Secured Parties are
entitled, Debtor also being liable for the fees of any attorneys employed by
Secured Parties to collect such deficiency.
5.2 Debtor also agrees to pay all costs of Secured
Parties, including, without limitation, reasonable attorneys' fees, incurred in
connection with the enforcement of any of its rights and remedies hereunder.
5.3 Debtor hereby waives presentment, demand, protest, or
any notice (to the maximum extent permitted by applicable law) of any kind in
connection with this Security Agreement or any Trademark Collateral.
5.4 The proceeds of any sale, disposition, or other
realization upon all or any part of the Trademark Collateral shall be
distributed by Secured Parties in the following order: first to payment in full
of all the Debtor's Obligations and then to pay to the Debtor, or its
representatives or as a court of competent jurisdiction may direct, any surplus
then remaining from such proceeds.
6. GRANT OF LICENSE TO USE TRADEMARK COLLATERAL. For the purpose
of enabling Secured Parties to exercise rights and remedies under Section 5.1
hereof at such time as Secured Parties, without regard to this Section 6, shall
be lawfully entitled to exercise such rights and remedies, Debtor hereby grants
to the Secured Parties, for the ratable benefit of all Secured Parties, an
irrevocable, non-exclusive license (exercisable without payment of royalty or
other compensation to any Debtor) to use, license, or sublicense the Trademarks.
In the exercise of their rights under this Section 6, the Secured Parties, and
each of them, agree to comply with the quality specifications and controls
specified by Debtor from time to time with respect to products bearing the
Trademarks.
Unless an event of default under the Notes or this Agreement shall have
occurred and be continuing and the Secured Parties notify the Debtor that its
right to do so is terminated, suspended or otherwise limited, the grant of the
security interest on the Trademarks shall not preclude the Debtor from entering
into any trademark license in a manner that is in the ordinary course of the
Debtor's business and consistent with the Debtor's historical practices.
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7. RIGHT TO APPOINTMENT OF AGENT FOR SECURED PARTIES; LIMITATION
ON AGENT'S DUTY IN RESPECT OF COLLATERAL; ACTS OF SECURED PARTIES.
7.1 Holders of a majority in principal amount of Notes
then outstanding may at any time appoint one of them to act as agent ("AGENT")
for the Secured Parties herein and to take all action and receive all notices
that the Secured Parties take or receive hereunder. In such case, Debtor may
rely without investigation, on the authority of such Agent to act hereunder. If
an Agent is so appointed hereunder, Agent, or any successor thereof, shall be
entitled to the benefits of, the Subscription Agreements. Agent shall be
obligated and shall have the right hereunder to make demands, to give notices,
to exercise or refrain from exercising any rights, and to take or refrain from
taking action (including, without limitation, the release or substitution of
Trademark Collateral) solely in accordance with this Security Agreement and the
Subscription Agreements, and Secured Parties shall be bound thereby. Agent shall
not have any duty as to any Trademark Collateral in its possession or control or
in the possession or control of any agent or nominee of it or any income thereon
or as to the preservation of rights against prior parties or any other rights
pertaining thereto, except that Agent shall use reasonable care with respect to
the Trademark Collateral under its control. Furthermore, neither Agent nor any
of its officers, directors, agents, or employees shall be liable for any action
taken or omitted by any of them hereunder or in connection with the Notes,
unless caused by it or their gross negligence or willful misconduct. Upon
request of the Debtor, Agent shall account for any moneys received by it in
respect of any foreclosure on or disposition of the Trademark Collateral.
7.2 All acts or omissions of the Secured Parties taken
hereunder shall be authorized by the holders of a majority in principal amount
of Notes then outstanding and Secured Parties may evidence approval of such acts
or omissions by a written consent signed by the Secured Parties of a majority in
principal amount of Notes or by written minutes of a meeting of the Secured
Parties who hold a majority in principal amount of Notes wherein such Secured
Parties approved the acts or omissions in question. Debtor may rely on all acts,
statements, notices or omissions of Secured Parties as having been duly approved
by the Secured Parties.
7.3 In the event the Secured Parties appoint an Agent as
permitted under this Xxxxxxx 0, Xxxxxx hereby irrevocably constitutes and
appoints Agent and any officer or agent thereof, with full power of
substitution, as its true and lawful attorney-in-fact with full irrevocable
power and authority in the place and stead of Debtor and in the name of Debtor
or in its own name, from time to time in Agent's discretion, for the purpose of
carrying out the terms of this Security Agreement, to take any and all
appropriate action and to execute and deliver any and all documents and
instruments that may be necessary or desirable to accomplish the purposes of
this Security Agreement.
8. AGREEMENT TO SUBORDINATE TO SENIOR INDEBTEDNESS. Secured
Parties hereby agree that if the Debtor desires to incur additional secured
indebtedness ("SENIOR INDEBTEDNESS") the Secured Parties shall (i) consent to
the incurrence of such Senior Indebtedness, and (ii) subordinate their right to
payment of the Debtor's Obligations to the prior payment in full of the Senior
Indebtedness, and subordinate their prior rights in the Trademark Collateral to
the holders of Senior Indebtedness, and otherwise enter into an intercreditor
agreement on terms reasonably requested by the holder of Senior Indebtedness;
provided that (W) the holder of such Senior Indebtedness is one or more banks or
other financial institutions, (X) the maximum principal
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amount of all the Senior Indebtedness shall never exceed $10,000,000, (Y) the
aggregate amount of Senior Indebtedness to which Secured Parties are required to
subordinate their rights in the Trademark Collateral shall never exceed
$10,000,000, and (Z) the Secured Parties shall not be obligated to subordinate
their rights to receive payment of the Debtor's Obligations to the prior payment
of the Senior Indebtedness unless and until the occurrence of, and then only for
the continuation of, an event of default under the Senior Indebtedness.
9. NOTICES. Except as otherwise provided herein, whenever it is
provided herein that any notice, demand, request, consent, approval,
declaration, or other communication shall or may be given to or served upon any
of the parties by any other party, or whenever any of the parties desires to
give or serve upon any other communication with respect to this Security
Agreement, each such notice, demand, request, consent, approval, declaration, or
other communication shall be in writing and either shall be delivered in person
with receipt acknowledged or sent by registered or certified mail, return
receipt requested, postage prepaid, or by telecopy, and confirmed by telecopy
answerback addressed as follows:
(a) If to Secured Parties, to each Secured Party's
principal business address specified on the Signature
Page hereto
(b) If to Debtor, to it at:
Tag-It Pacific, Inc.
00000 Xxxxxxx Xxxx., Xxxxx 000,
Xxxxxxxx Xxxxx, Xxxxxxxxxx 00000
With a copy to:
Xxxxxx Xxxxxxxx & Markiles, LLP
00000 Xxxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxx, Xxxxxxxxxx 00000
Attn: Xxxx XxXxxxxx
Facsimile Number: (000) 000-0000
or at such other address as may be substituted by notice given as herein
provided. The giving of any notice required hereunder may be waived in writing
by the party entitled to receive such notice. Every notice, demand, request,
consent, approval, declaration, or other communication hereunder shall be deemed
to have been duly given or served on the date on which personally delivered,
with receipt acknowledged, telecopied, and confirmed by telecopy answerback, or
three (3) business days after the same shall have been deposited in the United
States mail. Failure or delay in delivering copies of any notice, demand,
request, consent, approval, declaration, or other communication to the persons
designated above to receive copies shall in no way adversely affect the
effectiveness of such notice, demand, request, consent, approval, declaration,
or other communication.
10. SEVERABILITY. Any provision of this Security Agreement which
is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
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such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.
11. NO WAIVER; CUMULATIVE REMEDIES. No Secured Party shall by any
act, delay, omission, or otherwise be deemed to have waived any of its rights or
remedies hereunder, and no waiver shall be valid unless in writing, signed by
Secured Parties, and then only to the extent therein set forth. A waiver by
Secured Parties of any right or remedy hereunder on any one occasion shall not
be construed as a bar to any right or remedy which Secured Parties would
otherwise have had on any future occasion. No failure to exercise nor any delay
in exercising on the part of Secured Parties, any right, power, or privilege
hereunder, shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, power or privilege hereunder preclude any other or future
exercise thereof or the exercise of any other right, power, or privilege. The
rights and remedies hereunder provided are cumulative and may be exercised
singly or concurrently, and are not exclusive of any rights and remedies
provided by law. None of the terms or provisions of this Security Agreement may
be waived, altered, modified, or amended except by an instrument in writing,
duly executed by Secured Parties and, where applicable by the Debtor.
12. SUCCESSORS AND ASSIGNS; GOVERNING LAW.
12.1 This Security Agreement and all obligations of Debtor
hereunder shall be binding upon the successors and assigns of Debtor, and shall,
together with the rights and remedies of Secured Parties hereunder, inure to the
benefit of Secured Parties, all future holders of the Notes and their respective
successors and assigns. No sales of participations, other sales, assignments,
transfers, or other dispositions of any agreement governing or instrument
evidencing the Debtor's Obligations or any portion thereof or interest therein
shall in any manner affect the security interest granted to the Secured Parties,
for the ratable benefit of all Secured Parties, hereunder.
12.2 THIS SECURITY AGREEMENT SHALL BE GOVERNED BY, AND BE
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
CALIFORNIA WITHOUT REGARD TO THE PROVISIONS THEREOF RELATING TO CONFLICT OF
LAWS.
13. USE AND PROTECTION OF TRADEMARK COLLATERAL. Notwithstanding
anything to the contrary contained herein, unless a default or event of default
under the Notes or this Agreement has occurred and is continuing, Secured
Parties shall from time to time execute and deliver, upon the written request of
Debtor, any and all instruments, certificates, or other documents, in the form
so requested, necessary or appropriate in the judgment of Debtor to permit
Debtor to continue to exploit, license, use, enjoy, and protect the Trademark
Collateral.
14. WAIVER OF JURY TRIAL. Debtor waives all right to trial by jury
in any action or proceeding to enforce or defend any rights or remedies
hereunder, or under the Subscription Agreements, or relating to each of the
foregoing.
15. COUNTERPARTS. This Security Agreement may be executed in any
number of counterparts, which shall, collectively and separately, constitute one
agreement.
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IN WITNESS WHEREOF, each of the parties hereto has caused this Security
Agreement to be executed and delivered by its duly authorized officer on the
date first set forth above.
Tag-It Pacific, Inc.,
a Delaware corporation
By: /s/ Xxxxx Xxxx
---------------------------------
Name: Xxxxx Xxxx
Title: Chief Executive Officer
Accepted and acknowledged
by Secured Parties:
THE PINNACLE FUND, L.P.
By: /s/ Xxxxx X. Xxxx
--------------------------------------------
Name: Xxxxx X. Xxxx
Title: Sole Member, Pinnacle Fund Management, LLC,
the GP of Pinnacle Advisers, LP, the GP of
The Pinnacle Fund, LP
Address: 0000 Xxxxxxx Xx., #000
Xxxxx, XX 00000
Attn: Xxxxx Xxxx
WESTPARK CAPITAL, L.P.
By: /s/ X.X. Xxxxxxxxx
--------------------------------------------
Name: Xxxxxxx X. Xxxxxxxxx
Title: General Partner
Address: 0000 Xxxxxxx Xx., #000
Xxxxx, XX 00000
Attn: Xxx Xxxxxxxxx
FLYLINE HOLDINGS LIMITED
By: /s/ W. Xxxxxxx Xxxxxx
--------------------------------------------
Name: W. Xxxxxxx Xxxxxx
Title: Director
Address: 000 X. 0xx Xxxxxx, #000
Xx. Xxxxx, XX 00000
Attn: Frosty Tempel
(SIGNATURE CONTINUE ON FOLLOWING PAGE)
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XXXXXXX MAPLE TRADING, LTD.
By: /s/ Xxxxx X. Xxxx
--------------------------------------------
Name: Xxxxx X. Xxxx
Title: VP, Xxxxxxx Capital Management, LLC,
Sub-Advisor to Xxxxxxx Maple Trading, Ltd.
Address: 000 X. 0xx Xxxxxx, #000
Xx. Xxxxx, XX 00000
Attn: Frosty Tempel
ATLAS CAPITAL MASTER FUND
By: Atlas Capital Offshore Fund, Ltd.
/s/ Xxxxxx X. Xxxxxx
--------------------------------------------
Xxxxxx X. Xxxxxx, Director
By: Atlas Capital, L.P., its General Partner
By: RHA, Inc., its General Partner
/s/ Xxxxxx X. Xxxxxx
--------------------------------------------
Xxxxxx X. Xxxxxx, President
Address: 000 Xxxxxxxx Xxxxx, #000
Xxxxxx, XX 00000
Attn: Xxxxxx Xxxxxx
ATLAS CAPITAL (Q.P.), L.P.
By: Atlas Capital Management, L.P., its General Partner
By: RHA, Inc., its General Partner
/s/ Xxxxxx X. Xxxxxx
--------------------------------------------
Xxxxxx X. Xxxxxx, President
Address: 000 Xxxxxxxx Xxxxx, #000
Xxxxxx, XX 00000
Attn: Xxxxxx Xxxxxx
ACM PARTNERS, L.P.
By: Atlas Capital Management, L.P., its General Partner
By: RHA, Inc., its General Partner
/s/ Xxxxxx X. Xxxxxx
--------------------------------------------
Xxxxxx X. Xxxxxx, President
Address: 000 Xxxxxxxx Xxxxx, #000
Xxxxxx, XX 00000
Attn: Xxxxxx Xxxxxx
(SIGNATURE CONTINUE ON FOLLOWING PAGE)
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XXXXXXXXX PARTNERS, L.P.
By: /s/ Xxxxxx Xxxxxxx
--------------------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Managing Director
Address: 0000 X. Xxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxx Xxxxxxx
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STATE OF CALIFORNIA )
) ss:
COUNTY OF LOS ANGELES )
I, Xxxx X. Xxxx, a Notary Public in and for said County, in the State
aforesaid, DO HEREBY CERTIFY, that Xxxxx Xxxx, Chief Executive Officer of Tag-It
Pacific, Inc. (the "Company"), personally known to me to be the same person
whose name is subscribed to the foregoing instrument as such Chief Executive
Officer, appeared before me this day in person and acknowledged that he signed,
executed and delivered the said instrument as his own free and voluntary act and
as the free and voluntary act of said Company, for the uses and purposes therein
set forth being duly authorized so to do.
GIVEN under my hand and Notarial Seal this 9th day of November, 2004.
[Seal]
/s/ Xxxx X. Xxxx
-----------------------------
Signature of notary public
My Commission expires 8-3-08
SCHEDULE 1
TO
TRADEMARK SECURITY AGREEMENT
REGISTERED TRADEMARKS
TRADEMARK SERIAL NUMBER INTERNATIONAL CLASS
----------------------- ------------- -------------------
TALON 243,746 026
06/26/1930
TALON 501,162 024
07/27/1948
TALON 501,774 025
08/24/1948
TALON 501,776 021 and 022
08/24/1948
TALON & Design 501,465 026
08/10/1948
TALON (Stylized) 501,057 06
07/20/1948
TALON (Stylized) 501,980 06
09/07/1948
TALON (Stylized) 856,635 23
09/10/1968
TALON ZEPHYR (Stylized) 722,493 26
10/10/1961
TRADEMARK APPLICATIONS
TRADEMARK SERIAL NUMBER CLASS
----------------------- ------------- -------------------
TALON 76436516 IC 026; US 037, 039,
040, 042, 050
XXXXX.XXX 76436519 IC 026; XX 000, 000,
000, 000, 000
XXXXX TEKFIT 76374374 IC 024; US 037, 039,
040, 042, 050
IC 026; US 042, 050