Common use of Trademark Licence Clause in Contracts

Trademark Licence. Conditioned upon compliance with the terms and conditionsof this Agreement, and in consideration of the rights and obligations conferred upon each other through this Agreement, Ultraleap hereby grants Purchaser a limited, non-exclusive, personal, licence to reproduce and use Ultraleap trademarks solely to mark the End Product, related collateral, and to promote and market the End Product, solely in accordance with the Ultraleap trademark guidelines that Ultraleap may provide Purchaser from time to time. Such licence includes the right of Purchaser to sublicence distributors, resellers, and other third parties to achieve the foregoing. Purchaserwill, on request of Ultraleap, submit any uses of Ultraleap marksby Purchaseror its sub-licensees to Ultraleap for review to determine if such usesare in accordance with Ultraleap trademark guidelines. If the uses are not in accordance with the guidelines, Purchaser will promptly correct the misuses. Purchaser acknowledges and agrees that all uses of the Ultraleap marks will inure to the benefit of Ultraleap.

Trademark Licence. Conditioned upon compliance with the terms and conditionsof conditions of this Agreement, and in consideration of the rights and obligations conferred upon each other through this Agreement, Ultraleap hereby grants Purchaser a limited, non-exclusive, personal, licence to reproduce and use Ultraleap trademarks solely to mark the End Product, related collateral, and to promote and market the End Product, solely in accordance with the Ultraleap trademark guidelines that Ultraleap may provide Purchaser from time to time. Such licence includes the right of Purchaser to sublicence distributors, resellers, and other third parties to achieve the foregoing. PurchaserwillPurchaser will, on request of Ultraleap, submit any uses of Ultraleap marksby Purchaseror marks by Purchaser or its sub-licensees to Ultraleap for review to determine if such usesare uses are in accordance with Ultraleap trademark guidelines. If the uses are not in accordance with the guidelines, Purchaser will promptly correct the misuses. Purchaser acknowledges and agrees that all uses of the Ultraleap marks will inure to the benefit of Ultraleap.