Automotive and RV trademark collection with emphasis on: Parts

License Grant

The Licensor grants the Licensee an exclusive right and license for the use of the Licensed Marks in connection with the manufacture, distribution, sale and marketing by the Licensee in the Territory, of certain automotive products.  Licensed Marks include Saleen, Saleen Speedlab and SMS Supercars.

License Property

The Licensed Marks include “SALEEN” and the Licensor’s other trademarks: Speedlab and SMS Supercars.

Licensor is an American manufacturer of specialty high-performance sports cars and high-performance automotive parts.

Field of Use

The Licensed Trademarks are to be used in connection with the manufacture, distribution, sale and marketing of certain automotive products.

LICENSED ARTICLES
   (i) Exclusive – “Hard parts” consisting of automobile parts, including turbochargers, wheels, etc, up to current Model year

   (ii) Registry stays with SAI, Registry Birth Certificate purchases only up to 2015

   (iii) Take off parts stay with SAI

   (iv) Non Exclusive – “Soft goods”, consisting of [accessories, apparel, all Trademarks branded merchandise]

All installation of parts will be done at Licensor’s facilities at the shop rate of $100 per hour with a minimum charge of one hour.

LICENSOR EQUIPMENT
Calibration equipment and Software up to 2016, consisting solely of a Dell Latitude 6430 laptop computer with 3rd party software installed

License Grant

The Licensor hereby grants to Buyer an exclusive, worldwide, non-transferable, royalty-free right and License to use and the exclusive right to grant subLicenses to use the Licensed Trademarks solely on and in connection with the Licensed Products and in connection with the manufacture, sale, promotion, marketing, advertising and distribution of the Licensed Products; provided, however, such rights and License shall only be royalty-free for the first ten years of the Initial Term, and thereafter, Buyer shall pay the Licensor royalty payments.

License Property

CARLISLE
CARLISLE TRANSPORTATION PRODUCTS
CARLISLE TIRE & WHEEL
CARLISLE POWER TRANSMISSION

Field of Use

The Licensed Trademarks will be used solely on and in connection with the Licensed Products and in connection with the manufacture, sale, promotion, marketing, advertising and distribution of the Licensed Products in the Transportation Products Business.

Licensed Products shall mean any of the following that use a Licensed Trademark: the tires, wheels and power transmission belt products and packaging or related materials therefor that: are sold or in production; or have been created, conceived of, developed or proposed, regardless of whether or not any work is currently or actively being done in connection with such products, in each case, by the Transportation Products Business.

License Grant

The English Grantor with effect from the Effective Date grants to the Argentina Licensee a Non-Exclusive Right to use the Trade Marks in the Territory for the markets.

License Property

'The Trade Marks' shall mean any one or more of the marks details of which are set out in Schedule 2 and such other registrations by the Grantor of the mark Lucas and the Diagonal Device as are granted in the Territory during the continuance of this Agreement which cover the Products or some of them and which the Grantor shall stipulate in writing to the Licensee shall become the subject of this Agreement.

Grantor was a Birmingham-based British manufacturer of motor industry and aerospace industry components.

Field of Use

'Products' shall mean in-line diesel pumps.

'Aftermarket' shall mean the market for (a) spare and replacement parts for components and sub-assemblies comprised within products of Original Equipment Manufacturers and (b) automotive accessories but excludes Original Equipment Service.

'OE Market' shall mean Original Equipment Manufacturers and Original Equipment Service.

'Original Equipment Manufacturer' shall mean any manufacturer or assembler of transport vehicles, engines or similar equipment including, but not limited to, a manufacturer or assembler of motor cars, vans, buses, coaches, forklifts, industrial vehicles, trucks, tractors or marine, motive power or stationary engines or a manufacturer of components or sub-assemblies to be fitted as original equipment to such vehicles, engines or similar equipment.

License Grant

The English Grantor with effect from the Effective Date grants to the Licensee a Non-Exclusive Right to use the Lucas Trade Marks only on Products manufactured and assembled in or, to the extent done at the Commencement Date by the Activity, sourced from the UK for sale only to (i) the OE Market in the Territory (ii) LNDs for the OES Market and the Aftermarket in all Restricted Countries, or (iii) any customer in the Market in the UK but limited to the respective Products, markets and purposes set out below.

(a)  On labelling, Castings and Promotional Material for Electrical Products for the OE Market –
From the Effective Date to 31st December 1998.

(b)  On labelling, Castings and Promotional Material for Electrical Products for the OES Market and the Aftermarket – From the Effective Date to 31st December 1999.

c)  On In-Line Diesel Pumps for the OE Market and for supply to Lucas Limited pursuant to the Supply Agreement – During the Supply Agreement Term, and, in respect of any In-Line Diesel Pump continued to be manufactured by or on behalf of the Licensee and supplied to Lucas Limited after the end of the Supply Agreement Term pursuant to the Supply Agreement, for the period of such manufacture and supply.

(d)  In respect of Other Applications – 6 months from the Effective Date.

License Property

Lucas Trade Marks' shall mean (a) in relation to Products any one or more of those trade marks details of which are registered in the name of the Grantor and such other registrations by the Grantor of the marks Lucas and/or the Diagonal Device and/or CAV and/or the CAV device as are granted in the Territory during the Term which cover the Products or some of them and which the Grantor shall stipulate in writing to the Licensee shall become the subject of this Agreement and (b) in relation to In-Line Diesel Pumps shall also include the trade mark 'Simms'.

Grantor was a Birmingham-based British manufacturer of motor industry and aerospace industry components.

Field of Use

'Marked Diesel Pump Products' shall mean In-Line Diesel Pumps  manufactured, assembled or sourced by the Licensee to which, or to  the packaging of which, the Lucas Trade Marks have been or are to be  applied.

'Products' shall mean Electrical Products and/or In-Line Diesel Pumps.

'Marked Electrical Products' shall mean Electrical Products manufactured, assembled or sourced by the Licensee to which, or to the packaging of which, the Lucas Trade Marks have been or are to be applied.

'Marked Products' shall mean Marked Diesel Pump Products and/or Marked Electrical Products.

'Aftermarket' shall mean the market for (a) spare and replacement parts for components and sub-assemblies comprised within the products of Original Equipment Manufacturers and (b) automotive accessories, but excludes Original Equipment Service.