Common use of OWNERSHIP/TITLE Clause in Contracts

OWNERSHIP/TITLE. Vendor acknowledges and agrees that XXXX will retain all right, title, and interest in and to its trademarks, service marks, and logos (“Marks”) worldwide. Subject to the terms and conditions of this Agreement, XXXX hereby grants to Vendor a nonexclusive, nontransferable, worldwide license to use the Marks in connection with the Products during the term of this Agreement, provided that such use is in accordance with the then-current trademark guidelines of XXXX. XXXX may modify the Marks at any time upon written notice to Vendor. Vendor will not form combination marks with the Marks or modify the Marks without the prior written consent of XXXX. Vendor hereby assigns to XXXX all right, title and interest in the Marks, together with the goodwill attaching thereto, that may inure to Vendor in connection with this Agreement or from its use of the Marks hereunder. Vendor acknowledges and agrees that title to the Confidential Information remains at all times with XXXX including all copyright rights and other intellectual property or proprietary rights therein.

OWNERSHIP/TITLE. Vendor acknowledges and agrees that XXXX GCAR will retain all right, title, and interest in and to its trademarks, service marks, and logos (“Marks”) worldwide. Subject to the terms and conditions of this Agreement, XXXX GCAR hereby grants to Vendor a nonexclusive, nontransferable, worldwide license to use the Marks in connection with the Products during the term of this Agreement, provided that such use is in accordance with the then-current trademark guidelines of XXXXGCAR. XXXX GCAR may modify the Marks at any time upon written notice to Vendor. Vendor will not form combination marks with the Marks or modify the Marks without the prior written consent of XXXXGCAR. Vendor hereby assigns to XXXX GCAR all right, title and interest in the Marks, together with the goodwill attaching thereto, that may inure to Vendor in connection with this Agreement or from its use of the Marks hereunder. Vendor acknowledges and agrees that title to the Confidential Information remains at all times with XXXX GCAR including all copyright rights and other intellectual property or proprietary rights therein.