After Termination. On termination or expiration of this Agreement, Licensee will: (a) within 10 days, pay all sums due and owing to Licensor, including all costs and expenses incurred by Licensor in obtaining injunctive relief in connection with the enforcement of this Agreement; (b) cease using (and at Licensor’s option, securely destroy or return when applicable) the Licensed IP and Hilton Data according to the following deadlines: (i) immediately, cease creating new advertising, marketing and promotional materials in any form or media that contain the Licensed Marks; (ii) immediately, cease all access to and use of Licensor’s Confidential Information; (iii) within 10 days, cease all access to the Licensed System; (iv) within 10 days, at Licensor’s option, securely destroy or return to Licensor all of Licensor’s Confidential Information; (v) within 20 days, delete all uses of Licensed Marks from all websites, social and mobile media and other digital or electronic venues in Licensee’s possession or control and establish Licensor’s designated employees as all contact names on any registrations or reservations for domain names, social, mobile media and similar identifiers; (vi) within 30 days, file to change or transfer to Licensor, at Licensor’s option, all corporate, trade and d/b/a names and vanity telephone numbers to names (or numbers corresponding to names) that do not contain any Licensed Marks; (vii) within 60 days, cease using all Licensed Content in digital or electronic media; (viii) within 6 months, cease using all business cards, stationery, brochures, portable signage and all other printed matter and collateral that is visible to the public and bears the Licensed Marks; (ix) within 1 year, remove the Licensed Marks from all motor vehicles and large outdoor signage; and (x) in the next replacement cycle, cease using all internal office collateral that is not visible to the public and bears the Licensed Marks.
Appears in 7 contracts
Sources: License Agreement (Hilton Grand Vacations Inc.), License Agreement (Hilton Worldwide Holdings Inc.), License Agreement (Hilton Grand Vacations Inc.)