TRANSITION PERIOD TRADEMARK LICENSE AGREEMENTTrademark Concurrent Use Agreement |
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Exhibit 2.8
TRANSITION PERIOD TRADEMARK LICENSE AGREEMENT
between
VERIZON COMMUNICATIONS INC.
AND
FAIRPOINT COMMUNICATIONS, INC.
March 31, 2008
TRANSITION PERIOD TRADEMARK LICENSE AGREEMENT
This TRANSITION PERIOD TRADEMARK LICENSE AGREEMENT (the Trademark License Agreement),
effective as of March 31, 2008 (the Effective Date), is between Verizon Communications Inc., a
Delaware corporation on behalf of itself and its Subsidiaries and Affiliates (Licensee), and
FairPoint Communications, Inc., a Delaware corporation (Licensor). Licensor and Licensee being
hereinafter referred to individually as a Party and collectively as the Parties.
Whereas, Licensor is the owner of, or has a valid license to use in commerce and sublicense
the use in commerce, the FAIRPOINT COMMUNICATIONS Logo as shown on the attached Schedule A and
hereby made a part of this Trademark License Agreement, together with any additional and successor
marks that may be adopted by Licensor during the Term and which Licensor desires to be used by
Licensee (the FAIRPOINT Mark);
Whereas, Licensor and Licensee have entered into the Agreement (as defined below), pursuant to
which Northern New England Spinco Inc. (Company) will merge with and into Licensor (the Merger)
and, at Closing of said Merger, Licensor will own all of the stock of Company;
Whereas, after the Merger, Licensor and its Affiliates will operate the Spinco Business (as
defined below) in the States of New Hampshire, Maine, and Vermont;
Whereas, Licensor, Verizon Information Technologies Inc. (Supplier), Northern New England
Telephone Operations Inc. and Enhanced Communications of Northern New England Inc. have entered
into a Transition Services Agreement, dated as of January 15, 2007, whereby Supplier and its
Affiliates will provide to Licensor, for its account and for the benefit of it and its Affiliates,
certain services defined in the Transition Services Agreement (TSA) as Transition Services;
Whereas, in connection with the Transition Services, the Parties wish to co-brand the Welcome
webpages, Web Based Activation (WBA) webpage and Whats Next webpage of the online portal, the
installation CD and user guide with the Co-Branded Logo shown on the attached Schedule B and hereby
made a part of this Trademark License Agreement) (the Co-Branded Logo) to provide the services
identified in Schedule D of the TSA (the Schedule D Services);
Whereas, Licensee desires to obtain a nonexclusive, royalty-free license to use in commerce
the FAIRPOINT Mark as part of the Co-Branded Logo, but solely as required in connection with
Licensors receipt of the Schedule D Services, in Licensors conduct of the Spinco Business during
the term of the TSA; and
Whereas, Licensor is willing to grant Licensee the aforementioned license to use in commerce
the FAIRPOINT Mark as part of the Co-Branded Logo, but solely as required in connection with the
provision of Schedule D Services during the term of the TSA, upon the following terms and
conditions.
Now, therefore, in consideration of the mutual covenants and promises contained herein, and
for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:
1. Definitions.
Capitalized terms used but not defined herein have the meanings assigned to them in the Agreement
or in the Intellectual Property Agreement (as defined below). Other capitalized terms, as used
herein, have the meanings set forth below or in the body of this Trademark License Agreement.
| (a) | Affiliate means any Person who, directly or indirectly, controls, is controlled by or is under common control with the relevant Party. | ||
| (b) | Agreement means the Agreement and Plan of Merger dated as of January 15, 2007 by and among Verizon Communications Inc., Northern New England Spinco Inc. and FairPoint Communications, Inc., as amended. | ||
| (c) | Claim is defined in Section 9 of this Trademark License Agreement. | ||
| (d) | Co-Branded Logo is defined in the Preamble to this Trademark License Agreement. | ||
| (e) | Closing is defined in the Agreement. | ||
| (f) | Company is defined in the Preamble to this Trademark License Agreement. | ||
| (g) | Dispute is defined in Section 12 of this Trademark License Agreement. | ||
| (h) | FAIRPOINT License is defined in Section 13(a) of this Trademark License Agreement. | ||
| (i) | FAIRPOINT Mark is defined in the Preamble to this Trademark License Agreement. | ||
| (j) | Intellectual Property Agreement means the Intellectual Property Agreement to be entered into as of the Closing by and among Licensor, Licensee and Company. | ||
| (k) | Person is defined in the Agreement. | ||
| (l) | Standards is defined is Section 5(a) of this Trademark License Agreement. | ||
| (m) | Spinco Business is defined in the Agreement. | ||
| (n) | Subsidiaries is defined in the Agreement. | ||
| (o) | Term is defined in Section 13 of this Trademark License Agreement. |
| (p) | Trademarks means trademarks, brand names, trade names, service marks, domain names, URLs, designs, graphics, logos and other indicia of origin of good/services, and any and all registrations and applications for registrations pertaining thereto, and all goodwill associated therewith. | ||
| (q) | Transition Services Agreement or TSA is defined in the Preamble to this Trademark License Agreement. | ||
| (r) | Unauthorized Use is defined in Section 7(a) of this Trademark License Agreement. |
| 2. | Grant of Licenses and Rights. |
| (a) | Licensor hereby grants to Licensee a personal, royalty-free, nonexclusive and nontransferable limited right and license to use in commerce the FAIRPOINT Mark solely as part of the Co-Branded Logo in connection with the provision of Schedule D Services for the duration of the Term in accordance with and subject to the following terms and conditions: | ||
| (b) | Scope of Use: | ||
| Licensee shall not conduct any business, other than in connection with the provision of Schedule D Services using the FAIRPOINT Mark as part of the Co-Branded Logo. | |||
| (c) | Scope of Rights & Licenses: | ||
| Except and to the extent expressly set forth in Section 2 of this Trademark License Agreement, Licensee agrees that no other rights or licenses, express or implied, are granted hereunder under any other Intellectual Property of Licensor or its Affiliates. |
| 3. | Covenants Regarding Licensee Infringement and Transfer Taxes. |
| (a) | Licensor agrees and covenants that, in the event Licensor and/or its Affiliates are aware of any alleged infringement or misappropriation or nonlicensed use by Licensee during the Term of any Trademarks owned by Licensor or its Affiliates, or controlled and able to be licensed by Licensor or its Affiliates, and not otherwise licensed by the Licensee hereunder, , Licensor shall promptly provide written notice to Licensee detailing the grounds for such alleged infringement, misappropriation or nonlicensed use, and shall provide the Licensee ten (10) calendar days from date of notice to cure such alleged infringement, misappropriation or nonlicensed use prior to instituting or bringing any suit, action or claim. In the event the Parties are unable to resolve such alleged infringement, misappropriation or nonlicensed use within such ten (10) calendar days of the date of written notice to Licensee, Licensor and/or its Affiliates may seek to enforce such Trademarks; provided, however, nothing contained herein |
| shall be deemed to be a waiver of any rights of Licensor or any of its Affiliates or prevent Licensor or any of its Affiliates from seeking immediate injunctive relief. | |||
| (b) | The provisions of the Tax Sharing Agreement shall be applicable and shall govern the responsibility of the Parties for all Taxes imposed by any Governmental Authority with respect to the transactions contemplated by or taken in connection with this Trademark License Agreement. |
| 4. | Inspection and Quality Control. |
| (a) | Licensor has the right to control the quality of Schedule D Services provided by Licensee in connection with the use of the FAIRPOINT Mark as part of the Co-Branded Logo as specifically described herein. | ||
| (b) | Licensee agrees that Licensees use of the Co-Branded Logo shall conform to the Standards as developed by the Parties (as defined in Section 5(a) below) and that the nature and quality of Schedule D Services provided by Licensee shall be of at least the quality of the products and services provided by Licensee immediately prior to the Effective Date. Licensee acknowledges that the maintenance of the quality for these purposes is of the essence of this Trademark License Agreement and that Licensee shall not provide goods or services in association with the FAIRPOINT Mark that do not meet such quality. | ||
| (c) | Licensee agrees to reasonably cooperate with Licensor in facilitating Licensors control of the nature and quality of Schedule D Services provided by Licensee under or in association with the use of the Co-Branded Logo and to permit reasonable, periodic inspections of such Schedule D Services, upon reasonable prior written notice and during regular business hours, by Licensor, to the extent reasonably necessary to verify Licensees compliance with the quality control provisions set forth herein. Such inspection shall be at Licensors expense. |
| 5. | Form of Use of FAIRPOINT Mark. |
| (a) | Licensee agrees and covenants that the style of use of the Co-Branded Logo shall be in the form and style conforming to the Verizon and FairPoint Co-Branding Standards developed by the Parties (the Standards), the current version of which is attached as Schedule C hereto and hereby made a part of this Trademark License Agreement. The Standards may be amended, modified or supplemented from time to time by the Parties agreeing in writing. | ||
| (b) | Licensee also agrees that, to the extent reasonably practical, Licensee shall cause to appear in connection with the FAIRPOINT Mark such legends, markings and notices as Licensor may reasonably require in order to give appropriate notice of any trademark rights therein. Licensee shall submit to Licensor for review and approval, at least five (5) business days prior to proposed use, any new materials in which the FAIRPOINT Mark is used; provided, however, once such new |
materials are approved by Licensor, no further approval shall be required for
further proposed u
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