Common use of Use of Licensed Property Clause in Contracts

Use of Licensed Property. Instructor acknowledges that the Salsa Babies Names are owned by SB and that the grant of right from SB to Instructor of Salsa Babies Names is pursuant to the authority of SB. It is expressly agreed that ownership, right and title to the Salsa Babies Names and the goodwill related thereto remain the exclusive property of SB. Instructor agrees not to infringe upon, use or imitate the name Salsa Babies and related Licensed Property except with the expressed written consent of SB. Upon termination of this Agreement, Instructor agrees forthwith to cease using all of the Licensed Property.