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Patent and Trademark Disputes
Patent and Trademark Disputes contract clause examples

Trademark License. Subject to the terms and conditions of this Agreement, Puma hereby grants to Pint an exclusive, sublicensable (subject to Section 3.3) license under Puma’s interest in any and all Product Trademarks (as defined below) Controlled by Puma to use such Product Trademarks for the purpose of Manufacturing, marketing, distributing, selling, or otherwise Developing and Commercializing, such Product in the Territory during the Term pursuant to the terms and conditions of this Agreement.

License Grant. Subject to the terms and conditions of this Agreement, Puma hereby grants to Pint an exclusive, sublicensable (subject to Section 3.3), royalty-bearing license, under Puma’s interest in the Puma IP, # to Use the Product in the Territory and # to Manufacture or have Manufactured Product anywhere in the world, solely for Use in the Territory, such license to Manufacture only to be exercisable when and as provided in the Supply Agreement.

Pint hereby grants to Puma a non-exclusive, fully paid-up, royalty-free, worldwide, transferable, sublicensable, perpetual and irrevocable license under Pint’s interest in any Product Trademark for use for the purpose of Manufacturing, marketing, distributing, selling, or otherwise Developing and Commercializing Products.

Puma grants an exclusive license to Pint in the Territory under the Puma Patent Rights and Puma Know-How as provided in Section 3.1 and under the Product Trademarks as provided in Section 3.2. Puma also agrees to make certain related technology transfers to allow Pint to practice its licensed rights, as provided in Section 3.4.

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