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 What’s
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 Licensor’s receipt of the Schedule D
Services, in Licensor’s 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.
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(a) |
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“Affiliate” means any Person who, directly or
indirectly, controls, is controlled by or is under common control
with the relevant Party. |
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(b) |
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“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. |
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(c) |
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“Claim” is defined in Section 9 of this
Trademark License Agreement. |
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(d) |
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“Co-Branded Logo” is defined in the Preamble to
this Trademark License Agreement. |
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(e) |
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“Closing” is defined in the Agreement. |
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(f) |
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“Company” is defined in the Preamble to this
Trademark License Agreement. |
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(g) |
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“Dispute” is defined in Section 12 of this
Trademark License Agreement. |
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(h) |
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“FAIRPOINT License” is defined in Section 13(a) of
this Trademark License Agreement. |
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(i) |
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“FAIRPOINT Mark” is defined in the Preamble to this
Trademark License Agreement. |
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(j) |
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“Intellectual Property Agreement” means the
Intellectual Property Agreement to be entered into as of the
Closing by and among Licensor, Licensee and Company. |
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(k) |
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“Person” is defined in the Agreement. |
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(l) |
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“Standards” is defined is Section 5(a) of this
Trademark License Agreement. |
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(m) |
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“Spinco Business” is defined in the Agreement. |
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(n) |
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“Subsidiaries” is defined in the Agreement. |
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(o) |
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“Term” is defined in Section 13 of this
Trademark License Agreement. |
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(p) |
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“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. |
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(q) |
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“Transition Services Agreement” or
“TSA” is defined in the Preamble to this Trademark
License Agreement. |
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(r) |
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“Unauthorized Use” is defined in Section 7(a) of
this Trademark License Agreement. |
| 2. |
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Grant of Licenses and Rights . |
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(a) |
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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: |
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(b) |
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Scope of Use: |
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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. |
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(c) |
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Scope of Rights & Licenses: |
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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. |
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Covenants Regarding Licensee Infringement and Transfer
Taxes . |
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(a) |
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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 |
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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. |
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(b) |
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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. |
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Inspection and Quality Control . |
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(a) |
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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. |
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(b) |
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Licensee agrees that Licensee’s 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. |
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(c) |
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Licensee agrees to reasonably cooperate with Licensor in
facilitating Licensor’s 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
Licensee’s compliance with the quality control provisions set
forth herein. Such inspection shall be at Licensor’s
expense. |
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Form of Use of FAIRPOINT Mark . |
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(a) |
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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. |
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(b) |
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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 |
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materials are approved by Licensor, no further approval shall
be required for further proposed uses during the Term to the extent
such approved materials remain substantially the same as approved.
Licensee shall not publish, distribute or use in commerce any such
new materials without the prior written approval of the following
representative of Licensor; provided that, such use shall be deemed
approved if no response is received from Licensor within such five
(5) bus |
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