Trademark Agreement Contract

11. If the licensee violates a clause in this agreement, the licensee has the right to terminate the contract up to fifteen days before the policyholder`s written termination and, at the end of the termination period, that contract is terminated, unless the infringing violation in question has been corrected to the satisfaction of the licensee. 12. The licensee may, subject to the provisions of this Agreement, register as a registered user in accordance with the provisions of the Trade-Merchandise Marks Act 1958. 5. The licensee has the right to refuse the goods delivered if they do not comply with the specifications or qualifications communicated to the licensee, and in the event of a refusal, the licensee removes the refused products from the licensee`s premises at his own expense and, until they are withdrawn, they are at the risk of the purchaser. The licensee agrees that the licensee does not manufacture these products by someone else during the stay of this contract. 10. This agreement will remain in force for a period of 19 years from the date of that period and, at the expiry of the previous period or termination of the agreement, as stipulated in this agreement, the taker will cease to manufacture these products under that brand and all goods manufactured up to that time and not disputed to the donor will be delivered to the licensee for the purposes of the agreement. 13. If, during the registration of the licensee as a registered user, the Registrar of Trademarks imposes a condition that is not acceptable to the licensee, the licensee will withdraw the application for registration or the licensee will have the opportunity to terminate the contract.

6. Ownership of this mark still remains in the hands of the licensee and the purchaser will not pass on those products as if he were the owner of that mark. 16. In the event of a dispute arising from this agreement, the same thing is referred to the arbitration procedure of a common arbitrator, if it is agreed or in the absence of such an agreement, to two arbitrators appointed by each party, and the arbitration procedure is currently governed by the arbitration law. 15. If the purchaser himself infringes this mark by an assignment or in some other way, the licensee is free, notwithstanding the provisions in point 16 of this section, to take legal action against him and, in this case, the licensee has no right to challenge the ownership of the licensee on that mark.

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