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【正文】 s right to dispose of such inventory, Licensor retaining allother legal and equitable rights Licensor may have in the circumstances.15 Disposal of Stock Upon Termination or ExpirationAfter termination of the license under the provisions of paragraph 12,Licensee, except as otherwise provided in this agreement, may dispose ofarticles covered by this agreement which are on hand or in process at thetime notice of termination is received for a period of ________ days afternotice of termination, provided advances and royalties with respe。s demand. All books ofaccount and records shall be kept available for at least __________ yearsafter the termination of this license.12 Bankruptcy, Violation, etc.(a) If Licensee shall not have menced in good faith to manufactureand distribute in substantial quantities all the articles listed inparagraph 1 within ________ months after the date of this agreement or ifat any time thereafter in any calendar month Licensee fails to sell any ofthe articles (or any class or category of the articles), Licensor inaddition to all other remedies available to it hereunder may terminatethis license with respect to any articles or class or category thereofwhich have not been manufactured and distributed during such month, bygiving written notice of termination to Licensee. Such notice shall beeffective when mailed by Licensor.(b) If Licensee files a petition in bankruptcy or is adjudicated abankrupt or if a petition in bankruptcy is filed against Licensee or if itbees insolvent, or makes an assignment for the benefit of its creditorsor an arrangement pursuant to any bankruptcy law, or if Licenseediscontinues its business or if a receiver is appointed for it or itsbusiness, the license hereby granted shall automatically terminateforthwith without any notice whatsoever being necessary. In the event thislicense is so terminated, Licensee, its receivers, representatives,trustees, agents, administrator, successors and/or assigns shall have noright to sell, exploit or in any way deal with or in any articles coveredby this agreement or any carton, container, packing or wrapping material,advertising, promotional or display material pertaining thereto, exceptwith and under the special consent and instructions of Licensor inwriting, which they shall be obligated to follow.(c) If Licensee shall violate any of its other obligations under theterms of this agreement, Licensor shall have the right to terminate thelicense hereby granted upon ______ days39。s own name. However, it is agreed that nothing contained in thisagreement shall be construed as an assignment or grant to the Licensee ofany right, title or interest in or to the Name, it being understood thatall rights relating thereto are reserved by Licensor, except for thelicense hereunder to Licensee of the right to use and utilize the Nameonly as specifically and expressly provided in this agreement. Licenseehereby agrees that at the termination or expiration of this agreementLicensee will be deemed to have assigned, transferred and conveyed toLicensor any rights, equities, good will, titles or other rights in and tothe Name which may have been obtained by Licensee or which may have vestedin Licensee in pursuance of any endeavors covered hereby, and thatLicensee will execute any instruments requested by Licensor to acplishor confirm the foregoing. Any such assignment, transfer or conveyanceshall be without other consideration than the mutual covenants andconsiderations of this agreement.(c) Licensee hereby agrees that its every use of such name shall inureto the benefit of Licensor and that Licensee shall not at any time acquireany rights in such name by virtue of any use it may make of such name.9 Promotional Material(a) In all cases where Licensee desires artwork involving articleswhich are the subject of this license to be executed, the cost of suchartwork and the time for the production thereof shall be borne byLicensee. All artwork and designs involving the Name, or any reproductionthereof, shall, notwithstanding their invention or use by Licensee, be andremain the property of Licensor and Licensor shall be entitled to use thesame and to license the use of the same by others.(b) Licensor shall have the right, but shall not be under anyobligation, to use the Name and/or the name of Licensee so as to give theName, Licensee, Licensor and/or Licensor39。s) rights in and to the Name. In the event there has been noprevious registration of the Name and/or articles and/or any materialrelating thereto, Licensee shall, at Licensor39。sduties under any provision of this agreement.(b) Licensee agrees to cooperate fully and in good faith with Licensorfor the purpose of securing and preserving Licensor39。s writtenrequest, Licensee shall furnish without cost to Licensor not more thanadditional random samples of each article being manufactured and sold byLicensee hereunder, together with any cartons, containers and packing andwrapping material used in connection therewith.8 Labeling(a) Licensee agrees that it will cause to appear on or within eacharticle sold by it under this license and on or within all advertising,promotional or display material bearing the Name the notice Copyright(c)____________ (year) in connection with Name properties (e) and (f) inRider, paragraph 1, and any other notice desired by Licensor and, wheresuch article or advertising, promotional or display material bears atrademark or service mark, appropriate statutory notice of registration orapplication for registration thereof. In the event that any article ismarketed in a carton, container and/or packing or wrapping materialbearing the Name, such notice shall also appear upon the said carton,container and/or packing or wrapping material. Each and every tag, label,imprint or other device containin
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