PP System definition
Examples of PP System in a sentence
In return for being appointed as a Sales Associate and being permitted to use the PP System and the IP Rights and the market recognition that flows therefrom, the Sales Associate undertakes to participate in and fully support the referral system for the duration of this Agreement.
The Sales Associate further undertakes to ensure that his/her tax affairs are conducted in such a manner so as not to in any way cause the PP system or the IP Rights to be negatively affected or to be cast in a negative light or to in any way undermine the integrity of the PP System.
The Sales Associate acknowledges that by his/her signature hereto he/she becomes entitled to use the PP System and the IP Rights and understands the benefits and advantages thereof.
The Sales Associate agrees that any and all listings of real estate and any interest therein, and all appointments in connection with the purchase, sale, rental or management of real estate or any interest therein shall, in accordance with the PP System and by way of exploitation by the Sales Associate of the IP Rights, be taken in the name of the Sales Associate and in association with PP.
The Sales Associate acknowledges PP's exclusive right to the PP System, its method of operation, and its distinguishing characteristics, including but not limited to service marks, IP Rights, trade names, copyrights, certification marks, designs, slogans, logos, names, or other advertising copy, now or hereafter displayed, used or becoming a part of PP business.
The Sales Associate and Estate Agents employed by the Sales Associate, is obliged to adhere thereto as a fundamental element of the PP System.