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TRADEMARK LICENSE AGREEMENT

Trademark License Agreement

TRADEMARK LICENSE AGREEMENT 

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This Trademark License Agreement involves

TM ACQUISITION CORP | COLDWELL BANKER REAL ESTATE CORPORATION | ERA FRANCHISE SYSTEMS, INC | PHH HOME LOANS, LLC

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Title: TRADEMARK LICENSE AGREEMENT
Governing Law: New York     Date: 11/22/2006
Industry: FSCONS    

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Exhibit 10.66

 

 

TRADEMARK LICENSE AGREEMENT

Between

TM ACQUISITION CORP.

COLDWELL BANKER REAL ESTATE CORPORATION

ERA FRANCHISE SYSTEMS, INC.

And

PHH HOME LOANS, LLC

Dated as of January 31, 2005

 

 

 


 

TABLE OF CONTENTS

 

 

 

 

 

 

 

 

 

 

 

Page

 

 

 

ARTICLE I DEFINITIONS

 

 

 

 

 

 

 

 

 

 

 

1.01

 

Defined Terms

 

 

1

 

 

 

 

 

 

 

 

1.02

 

Interpretation.

 

 

5

 

 

 

 

 

 

 

 

 

 

ARTICLE II LICENSE TO LICENSEE OF THE MARKS

 

 

 

 

 

 

 

 

 

 

 

2.01

 

Scope of License to Licensee.

 

 

5

 

 

 

 

 

 

 

 

2.02

 

Rights Reserved.

 

 

6

 

 

 

 

 

 

 

 

2.03

 

Appearance of the Marks.

 

 

6

 

 

 

 

 

 

 

 

2.04

 

Domain Names.

 

 

6

 

 

 

 

 

 

 

 

 

 

ARTICLE III OWNERSHIP OF THE MARKS

 

 

 

 

 

 

 

 

 

 

 

3.01

 

Acknowledgments and Covenants of Licensee.

 

 

6

 

 

 

 

 

 

 

 

3.02

 

Avoidance of Adverse Actions by Licensee

 

 

6

 

 

 

 

 

 

 

 

 

 

ARTICLE IV MAINTENANCE OF QUALITY

 

 

 

 

 

 

 

 

 

 

 

4.01

 

Quality of Licensee’s Services.

 

 

7

 

 

 

 

 

 

 

 

4.02

 

Compliance and Performance Reviews.

 

 

7

 

 

 

 

 

 

 

 

4.03

 

Quality of NRT Mortgage Business Offices

 

 

7

 

 

 

 

 

 

 

 

4.04

 

Promotion and Goodwill.

 

 

8

 

 

 

 

 

 

 

 

4.05

 

Notification of Breach of Quality Standards

 

 

8

 

 

 

 

 

 

 

 

 

 

ARTICLE V RECORDS; AUDITS AND INSPECTIONS

 

 

 

 

 

 

 

 

 

 

 

5.01

 

Maintenance of Records.

 

 

8

 

 

 

 

 

 

 

 

5.02

 

Right of Inspection and Audit.

 

 

9

 

 

 

 

 

 

 

 

 

 

ARTICLE VI COMPLIANCE WITH LAW

 

 

 

 

 

 

 

 

 

 

 

6.01

 

Compliance with Law.

 

 

9

 

 

 

 

 

 

 

 

6.02

 

Government Licenses, Permits, and Approvals

 

 

9

 

 

 

 

 

 

 

 

 

 

ARTICLE VII INTELLECTUAL PROPERTY PROTECTION

 

 

 

 

 

 

 

 

 

 

 

7.01

 

Protection of the Marks.

 

 

9

 

 

 

 

 

 

 

 

7.02

 

Domain Names.

 

 

10

 

 

 

 

 

 

 

 

 

 

ARTICLE VIII DISCLAIMER OF REPRESENTATIONS AND WARRANTIES

 

 

10

 

 

 

 

 

 

 

 

 

 

ARTICLE IX DEFENSE AND INDEMNIFICATION

 

 

 

 

 

 

 

 

 

 

 

9.01

 

Indemnification by Licensee

 

 

10

 

 

 

 

 

 

 

 

 

 

ARTICLE X REMEDIES FOR BREACH

 

 

 

 

i


 

 

 

 

 

 

 

 

 

 

 

 

 

Page

 

10.01

 

Equitable Relief

 

 

11

 

 

 

 

 

 

 

 

 

 

ARTICLE XI TERM AND TERMINATION

 

 

 

 

 

 

 

 

 

 

 

11.01

 

Term.

 

 

11

 

 

 

 

 

 

 

 

11.02

 

Licensors’ Right to Terminate Agreement.

 

 

11

 

 

 

 

 

 

 

 

11.03

 

Termination for Material Breach

 

 

11

 

 

 

 

 

 

 

 

11.04

 

Effect of Termination.

 

 

11

 

 

 

 

 

 

 

 

11.05

 

Post-Transitional Period Use.

 

 

12

 

 

 

 

 

 

 

 

11.06

 

Survival.

 

 

13

 

 

 

ARTICLE XII MISCELLANEOUS

 

 

 

 

 

 

 

 

 

 

 

12.01

 

Counterparts.

 

 

13

 

 

 

 

 

 

 

 

12.02

 

Entire Agreement.

 

 

13

 

 

 

 

 

 

 

 

12.03

 

Invalidity.

 

 

13

 

 

 

 

 

 

 

 

12.04

 

Amendment.

 

 

13

 

 

 

 

 

 

 

 

12.05

 

Binding Effect.

 

 

13

 

 

 

 

 

 

 

 

12.06

 

Governing Law.

 

 

13

 

 

 

 

 

 

 

 

12.07

 

Effect of Waiver or Consent.

 

 

14

 

 

 

 

 

 

 

 

12.08

 

Notices

 

 

14

 

 

 

 

 

 

 

 

12.09

 

Headings.

 

 

15

 

 

 

 

 

 

 

 

12.10

 

No Assignment.

 

 

15

 

 

 

 

 

 

 

 

12.11

 

Remedies Cumulative.

 

 

15

 

 

 

 

 

 

 

 

12.12

 

No Third-Party Beneficiaries.

 

 

15