Common use of Private Label Clause in Contracts

Private Label. 4.1 The Parties have agreed that this PLPA will be executed and marketed under the private label “Océ Finance” plus the name of the country involved. This means that invoices, agreements, letterhead and the like will display the Océ logo and will mention “Océ Finance [country].” as trading name licensed to DLL by Océ N.V. DLL will, prior to the use of above mentioned documents, ask for approval of Océ with respect to the format and lay out of the documents. DLL is aware that the rights to the name Océ and the Océ logo belong to Océ, and that the name may only be used in the context and execution of the PLPA and Accession Agreements and as long as this PLPA and the Accession Agreements are in force, including the run down period following a termination. Océ reserves the right to withdraw DLL’s license to use Océ’s tradenames and logos or make such subject to further terms and conditions, with immediate effect if and when DLL makes improper use thereof.