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