beginning on the first day of the term of this Agreement. In the event Licensee wants to increase the quantity of articles
on which the logo is to be manufactured, to expand the scope of use of the Logo, or to obtain an additional copy or
change the form of the logo, an additional fee shall be negotiated between the parties.
3. OTHER EXPENSES. Licensee is responsible for all taxes, if any, imposed by reason of the transaction contemplated
by this agreement.
4. OWNERSHIP OF LOGO. The Logo Owner represents and warrants that it is the owner of all Intellectual Property
rights in the Logo described in Exhibit 1 to this Agreement and that it has the full power and authority to license the
Logo according to the terms and conditions of this Agreement and that the license does conflict with any other
agreements or obligations to which it is bound. Nothing contained in this agreement shall grant to Licensee any
rights, title or ownership interests in or to the Logo or in any copies thereof or in any copyrights, trademarks or other
proprietary rights relative to the Logo and Licensee shall not have any right of access to the Logo original artwork.
Licensee shall not remove, alter or otherwise obstruct any copyright notice or trademark or other proprietary right
notice placed on the Logo.
5. CONFIDENTIALITY. Licensee acknowledges that the Logo contains confidential information and trade secrets
developed and owned by the Logo Owner and Licensee agrees to treat such information as proprietary and
confidential. Licensee further agrees that it will take all reasonable steps to prevent all parties under its control,
including employees and independent contractors, from using, copying, or distributing the Logo other than as
expressly authorized by this agreement or from creating or attempting to create the Logo art work or to modify the
Logo, by decompiling, disassembling, reverse engineering or otherwise. Licensee shall take all reasonable steps to
include a written notice on any material displaying the logo and any advertising or web site that logo is owned by
Jack and Jill of America Inc. and that any use by a third party without the express written authorization by Jack and Jill
of America Inc. is strictly prohibited and may subject the user to criminal penalties or civil liabilities. Licensee shall
promptly notify Logo Owner of any known unauthorized use or disclosure of confidential information or trade secrets
contained in or relating to the Logo. Licensee will reasonably cooperate with the Logo Owner in any litigation brought
by the Logo Owner against third parties reasonably necessary to protect its Logo and related proprietary rights and
confidential information.
6. WARRANTIES. THE LOGO OWNER MAKES NO WARRANTY, EXPRESS OR IMPLIED, WITH RESPECT TO THIS
AGREEMENT OR IN ANY PERFORMANCE HEREUNDER, AND LOGO OWNER EXPRESSLY DISCLAIMS THE IMPLIED
WARRANTY OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
7. INDEMNIFICATION AGAINST INFRINGEMENT CLAIMS. Licensee agrees to indemnify, defend and hold Logo
Owner harmless against any claims, damages or liabilities, including reasonable attorney fees, which may arise out of
any action brought against Logo Owner arising from Licensee’s breach of any term or condition in this agreement or
by Licensee’s use of the Logo in a manner which is in violation of the terms of this agreement. The Licensee’s
obligations hereunder will survive any expiration or termination of this agreement.
8. TERM OF AGREEMENT AND TERMINATION. This agreement shall be for term not to exceed one year, beginning
on the _____ day of __________________, 20_____ and continuing until the 31
st
day of December 20_____. This
term may be terminated sooner than the ending date in the event the Licensee discontinues the use of the Logo, after
providing 10 day written notice to Logo Owner, or the agreement is terminated pursuant to the terms of this
agreement. In the event one party materially breaches the terms of this agreement, the other party may terminate this
agreement after giving a written notice to the breaching party informing them of the breach and a 10 day opportunity
to cure the breach. Either party may terminate this agreement if the other party becomes insolvent, files a bankruptcy
petition or otherwise is unable to conduct, or ceases to conduct, its business. In the event of termination of this
agreement by Logo Owner under this provision, the right of the Licensee to use and possess the Logo shall end and
Licensee shall immediately, at the request of Logo Owner, return the Logo and all copies thereof, to Logo Owner or
at the option of Logo Owner destroy the same and certify in writing that such destruction has occurred. The rights and
obligations under Section 5 above shall survive any termination and continue to bind the parties to the agreements
contained therein. This Agreement shall not be renewable unless the additional term is mutually agreed upon and
executed in writing by both parties.