Common use of PRIVATE LABELS Clause in Contracts

PRIVATE LABELS. 7.1 All Product(s) used pursuant to this Agreement, may be used under any Trademark(s) developed or owned by the XIAM or a Trademark developed and owned by the XIAM. In the event that any Trademark utilized by the XIAM, is in conflict with another company operating within the Territory, any different such Private Label selected by XIAM may be used. 7.2 The Private Label of the Product shall comply with the appropriate regulations of all governmental agencies of the countries within the Territory. 7.3 As long as this AGREEMENT or any modification or extension thereof remains in 6force and effect, XIAM shall own each such Private Label or trademark to be used exclusively by XIAM on the Product in the Territory.

Appears in 2 contracts

Sources: Exclusive Marketing and Distribution Agreement, Exclusive Marketing and Distribution Agreement (Multisys Language Solutions Inc)