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  (a) If Licensee shall not have commenced in good faith to  manufacture and distribute in  substantial  quantities  all  the  articles  listed  in paragraph 1 within ________ months after the date of this agreement or  if at any time thereafter in any calendar month Licensee fails to sell any of the articles (or any class or  category  of  the  articles),  Licensor  in addition to all other remedies available to  it  hereunder  may  terminate this license with respect to any articles or  class  or  category  thereof which have not been manufactured and distributed  during  such  month,  by giving written notice of termination to Licensee.  Such  notice  shall  be effective when mailed by Licensor. (来源:英语杂志 http://www.EnglishCN.com)

  (b) If Licensee files a petition in bankruptcy  or  is  adjudicated  a bankrupt or if a petition in bankruptcy is filed against Licensee or if it becomes insolvent, or makes an assignment for the benefit of its creditors or  an  arrangement  pursuant  to  any  bankruptcy  law,  or  if  Licensee discontinues its business or if a receiver is  appointed  for  it  or  its business,  the  license  hereby  granted  shall  automatically   terminate forthwith without any notice whatsoever being necessary. In the event this license  is  so  terminated,  Licensee,  its  receivers,  representatives,trustees, agents, administrator, successors and/or assigns shall  have  no right to sell, exploit or in any way deal with or in any articles  covered by this agreement or any carton, container, packing or wrapping  material,advertising, promotional or display material  pertaining  thereto,  except with and under  the  special  consent  and  instructions  of  Licensor  in writing, which they shall be obligated to follow.

  (c) If Licensee shall violate any of its other obligations  under  the terms of this agreement, Licensor shall have the right  to  terminate  the license hereby granted upon ______  days’notice  in  writing,  and  such notice  of  termination  shall  become  effective  unless  Licensee  shall completely remedy the violation within the ______ day period  and  satisfy Licensor that such violation has been remedied.

  (d) Termination of the license under the provisions  of  paragraph  12 shall be without prejudice to any rights which Licensor may otherwise have against Licensee. Upon the termination of  this  license,  notwithstanding anything to the contrary herein, all royalties on sales  theretofore  made shall become immediately due and payable and no minimum royalties shall be repayable or avoidable.

  13 Sponsorship by Competitive Product

  In the event that any of the articles listed in paragraph 1  conflicts with any product of a present or future sponsor of a program on which  the Name appears or is used, or with any product of a subsidiary or  affiliate of such sponsor, then Licensor shall have  the  right  to  terminate  this agreement as to such article or articles by  written  notice  to  Licensee effective not less than _______ days after the date such notice is  given. In the event of such termination, Licensee shall have ________ days  after the effective date of such termination to dispose of all of such  articles on hand or in process of manufacture prior to such notice,  in  accordance with  the  provisions  of  paragraph  15.  However,  in  the  event   such termination is effective as to all the articles subject to this  agreement and the advance guarantee for the then current year  has  not  been  fully accounted for by actual royalties by  the  end  of  the  _______  disposal period, Licensor shall refund  to  Licensee  the  difference  between  the advance guarantee which has been paid  for  such  contract  year  and  the actual royalties. The refund provision contained in the preceding sentence pertains only to termination occurring pursuant to this paragraph 13,  and shall not  affect  the  applicability  of  any  other  paragraph  to  such termination except as expressly contradicted herein.

  14 Final Statement Upon Termination or Expiration

  ______ days before the expiration of this license and, in the event of its termination, ______ days after receipt of notice of termination or the happening of the event which terminates this agreement where no notice  is required, a statement showing  the  number  and  description  of  articles covered by this agreement on hand or in  process  shall  be  furnished  by Licensee to Licensor. Licensor shall have the right  to  take  a  physical inventory to ascertain or verify such inventory and statement, and refusal by Licensee to submit to such physical inventory by Licensor shall forfeit Licensee’s right to dispose of  such  inventory,  Licensor  retaining  all other legal and equitable rights Licensor may have in the circumstances.

  15 Disposal of Stock Upon Termination or Expiration

  After termination of the license under the provisions of paragraph 12,Licensee, except as otherwise provided in this agreement, may  dispose  of articles covered by this agreement which are on hand or in process at  the time notice of termination is received for a period of ________ days after notice of termination, provided advances and  royalties  with  respect  to that period are paid and statements  are  furnished  for  that  period  in accordance with paragraph 2.  Notwithstanding  anything  to  the  contrary herein, Licensee shall not manufacture, sell or dispose  of  any  articles covered by this license after its expiration or its termination  based  on the failure of Licensee to affix notice of copyright, trademark or service mark  registration  or  any  other  notice  to  the   articles,   cartons,containers, or packing or wrapping material or advertising, promotional or display material, or because of the departure by Licensee from the quality and style approved by Licensor pursuant to paragraph 7.

  16 Effect of Termination or Expiration

  Upon and after the expiration or  termination  of  this  license,  all rights granted to Licensee hereunder shall forthwith revert  to  Licensor,who shall be free to license others to use the Name in connection with the manufacture, sale and distribution of  the  articles  covered  hereby  and Licensee will refrain  from  further  use  of  the  Name  or  any  further reference to it, direct or indirect, or anything deemed by Licensor to  be similar  to  the  Name  in  connection  with  the  manufacture,  sale   or distribution of Licensee’s products, except as provided in paragraph 15.

  17 Licensor’s Remedies

  (a) Licensee  acknowledges  that  its  failure  (except  as  otherwise provided herein) to commence in good faith to manufacture  and  distribute in substantial quantities any one  or  more  of  the  articles  listed  in paragraph 1 within ______ months after the date of this agreement  and  to continue  during  the  term  hereof   to   diligently   and   continuously manufacture, distribute and sell the articles covered by this agreement or any class  or  category  thereof  will  result  in  immediate  damages  to Licensor.

  (b) Licensee  acknowledges  that  its  failure  (except  as  otherwise provided herein) to cease the manufacture, sale  or  distribution  of  the articles covered by this agreement or any class or category thereof at the termination or expiration of this agreement will result in  immediate  and irremediable damage to Licensor  and  to  the  rights  of  any  subsequent licensee. Licensee acknowledges and  admits  that  there  is  no  adequate remedy at law for such failure to cease manufacture, sale or distribution,and Licensee agrees that in the event of such failure  Licensor  shall  be entitled to equitable relief by way of temporary and permanent injunctions and such other further relief as any court with jurisdiction may deem just and proper.

  (c) Resort to any remedies referred to herein shall not  be  construed as a waiver of any other rights and remedies to which Licensor is entitled under this agreement or otherwise.

  18 Excuse For Nonperformance

  Licensee shall be released from its  obligations  hereunder  and  this license shall terminate in the  event  that  governmental  regulations  or other causes arising out of a state of national emergency or war or causes beyond the control of the parties render performance  impossible  and  one party so informs the other in writing of such causes and its desire to  be so released. In such events, all royalties on sales theretofore made shall become immediately due and payable  and  no  minimum  royalties  shall  be repayable.

  19 Notices

  All notices and statements to be given, and all payments  to  be  made hereunder, shall be given or made  at  the  respective  addresses  of  the parties as set forth above unless notification of a change of  address  is given in writing, and the date of mailing shall be  deemed  the  date  the notice or statement is given.

  20 No Joint Venture

  Nothing herein contained shall be construed to place  the  parties  in the relationship of partners or joint venturers, and Licensee  shall  have no power to obligate or bind Licensor in any manner whatsoever.

  21 No Assignment or Sublicense by Licensee

 
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