POS System. Licensee must purchase a POS system (the “POS System”) for use in each Authorized Location that includes all hardware and software necessary to accurately track, record and analyze sales, inventory, product usage and tax information in connection with the operation of each Authorized Location. Upon reasonable request from Licensor, Licensee agrees to share data and information from the POS System concerning the Licensed Products and Affiliate Products in order to assist Licensor and its affiliates with forecasting demand and implementing pricing and marketing strategies for the sale of the Licensed Products and Affiliate Products. Licensor acknowledges and agrees that Licensee’s POS System may be limited to those systems allowed under Applicable Law.
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Sources: License Agreement (Wolverine Partners Corp.), License Agreement (Wolverine Partners Corp.)