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Delimitation and Prior Rights Agreement

Between

.......

– hereinafter „XYZ“ –

and

... 

– hereinafter „ABC“ –

§ 1

XYZ is the owner of the registered CTM’s „XX“, Registration No. 11111 and 2222 as well as further trademarks named XX and/or starting with XX. ABC filed the CTM application „XXXX“, Registration No. 333333.

§ 2

ABC shall not use any rights against XYZ’s currently registered and/or not registered trademarks containing xx. In particular, ABC will tolerate new registrations of the XYZ’s trademarks and registrations of similar trademarks with xx by XYZ, with the exception of applications which are identical to ABC’s trademarks „xx …“ and „xx …“.

§ 3

ABC shall add of the following limitation of the list of goods and services in the CTM application in relation to these 5 classes: "... all the aforementioned goods relating to or to be associated with football championships." The resulting registration shall only be used for these goods and services.

In relation to the goods falling into the opposed classes 3,29,31,32,33, ABC agrees that the element "xx" of the subject application will never be used on a stand alone basis, but only in combination with the year "…." in order to maintain an obvious association with the event organised by ABC.

ABC shall withdraw the CTM application „xx“, Registration No. 121212, in these 5 classes by Dec 31, 2012 or in case that the subject trade mark is involved in proceedings of any kind, the cancellation to take place only at the final termination of such proceedings.

§ 4

XYZ shall immediately after the conclusion of this agreement withdraw the oppositions against the CTM ‘xx ..’, Registration No. 2222. XYZ shall not challenge the trademark „xx …“ No. 121212 and also new applications for ‘xx …’ and any identical subsequent applications therefor; especially, it will not seek cancellation thereof on the basis of its older rights.

XYZ will not challenge the use of the trademark „xx …“, No. 12121212 for the goods and services it has been filed on the basis of its rights.

The parties shall be free to request the cancellation of the trademarks of the respective other party according sec. 49 German Trademark Act; in this case, neither party may terminate this agreement, and the obligations under this priority agreement shall remain unaffected also after cancellation of a trademark.

§ 5

The rights deriving from this agreement shall within the successors of the parties as well as their affiliated companies. The parties will impose the obligations under this agreement on their respective successors. Should a party, which through a representational right it has concerning respective affiliated companies, have influence over such affiliated companies, which have registered and/or use identical or similar trademarks for the same or comparable goods and/or services, it will seek to obtain their consent for the registration and use of the conflicting trademark according to the provisions of this agreement.

§ 6

The exclusive place of jurisdiction for all disputes arising from or in connection with this agreement shall be Frankfurt a. M.

§ 7

The parties will each bear their own costs, including the costs associated with this agreement.

§ 8

The parties are aware of the risk that one or more terms of this agreement may be held to be void or invalid contrary to the present expectations of the parties. In this case as well, the parties wish to remove any doubt which may arise concerning the validity of this agreement. Should one or more terms of this agreement, including this provision, be or become wholly or partially void or invalid, or should this agreement contains any gap, the agreement shall remain valid not only in case of doubt, but shall always remain valid. The parties undertake to replace any fully or partially invalid provision by such valid provisions coming closest to the envisaged commercial purpose of the fully or partially invalid provision.

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