Legal Lingo
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What is the purpose of the Company supplying samples and/or written descriptions to Arizona?

  • To terminate the Trademark License Agreement
  • To use confusingly similar trademarks
  • To receive rights under the Agreement or the Stock Purchase Agreement
  • To comply with obligations under the Trademark License Agreement (correct)
  • What is the limitation of the license grant provided to the Company under the Agreement?

  • The license grant includes all trademarks under the Trademark License Agreement
  • The license grant includes derivative trademarks
  • The license grant includes all Seller Licensed Trademarks
  • The license grant does not include confusingly similar trademarks (correct)
  • What are the obligations of the Company under the Trademark License Agreement?

  • Comply with all obligations applicable to Arizona and its Affiliates, including reporting Complaints and quality control and standards (correct)
  • Use any trademark that is derivative of a Seller Licensed Trademark
  • Provide samples and/or written descriptions to Arizona upon request
  • Undertake acts that would constitute a breach or basis for termination under the Trademark License Agreement
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