Common use of Continuing Ownership of Existing Trademarks Clause in Contracts

Continuing Ownership of Existing Trademarks. The Recipient recognizes the Company’s right, title, and interest in and to all service marks, trademarks, and trade names used by the Company and agrees not to engage in any activities or commit any acts, directly or indirectly, that may contest, dispute, or otherwise impair the Company’s right, title, and interest therein, nor shall the Recipient cause diminishment of value of said trademarks or trade names through any act or representation. The Recipient shall not apply for, acquire, or claim any right, title, or interest in or to any such service marks, trademarks, or trade names, or others that may be confusingly similar to any of them, through advertising or otherwise. Effective as of the termination of this Agreement, the Recipient shall cease to use all of the Company’s trademarks, marks, and trade names.

Appears in 5 contracts

Samples: Non Disclosure and Non Competition Agreement, Non Disclosure and Non Competition Agreement, Non Disclosure and Non Competition Agreement

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