Geographic. AREA The rights granted to Licensee hereunder may be exercised by Licensee within the USA, Canada and Puerto Rico (the "Territory"), and Licensee shall have exclusive rights with respect to the Trademarked Product. Upon Licensee's request, Licensor may, in its discretion, extend the areas in which Licensee may exercise said rights, but any such extension shall, in each instance, be evidenced by a written and duly executed amendment to this Agreement for such periods and upon such terms and conditions as shall be determined by Licensor. From time to time Licensor may wish to purchase Trademarked Product for sale outside the Territory. Licensee agrees to sell Trademarked Product to Licensor at the same price Licensee sells Trademarked Product to its best customer. ARTICLE 3
Appears in 3 contracts
Sources: Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp)