CompUSA 2015 Annual Report Download - page 97

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ARTICLE 8.
ADDITIONAL COVENANTS
8.1 Seller Intellectual Property .
(a)ExceptascontemplatedbythisAgreementandtheTransactionAgreements,Sellersagreethat,fromandaftertheClosingDate,theyshall
not,andtheyshallcausetheirrespectiveRepresentativesnotto,useanyoftheSellerIntellectualProperty.IfSellersoranyassigneeofSellersownsorhasany
rightorinterestinanySellerIntellectualPropertythatcannotbe,orforanyreasonisnot,assignedtoPurchaserattheClosing,Sellersshallgrantorcausetobe
grantedtoPurchaser,attheClosing,aworldwide,royalty-free,fullypaidup,perpetual,irrevocable,transferable,sublicensable,andexclusivelicensetoExercise
AllRightsinandtosuchSellerIntellectualProperty.
(b)IfPurchaserisunabletoenforceitsIntellectualPropertyRightsagainstathirdpartyasaresultofanyLegalRequirementthatprohibits
enforcementofsuchrightsbyatransfereeofsuchrights,SellersagreetoassigntoPurchasersuchrightsasmayberequiredbyPurchasertoenforceitsIntellectual
PropertyRightsinitsownname.IfsuchassignmentstilldoesnotpermitPurchasertoenforceitsIntellectualPropertyRightsagainstthethirdparty,Sellersagree
to initiate proceedings against such third party in the applicable Seller’s name; provided , however , that Purchaser shall be entitled to participate in such
proceedings;andprovidedfurtherthatPurchasershallberesponsibleforthecostsandexpensesofsuchproceedings.
8.2 Cooperation .AftertheClosing,upontherequestofPurchaser,Sellersshall(i)executeanddeliveranyandallfurthermaterials,documentsand
instrumentsofconveyance,transferorassignmentasmayreasonablyberequestedbyPurchasertoeffect,recordorverifythetransferto,andvestinginPurchaser,
ofSellers’ right,titleandinterest inandtothePurchasedAssets,free andclearofall Encumbrances, inaccordancewiththetermsofthisAgreement; and(ii)
cooperate with Purchaser, at Purchaser’s expense, to enforce the terms of any Purchased Contracts, including terms relating to confidentiality and Intellectual
Property Rights, and to contest or defend against any Proceeding relating to the Transaction.  After the Closing, Sellers shall (a) reasonably cooperate with
PurchaserinitseffortstocontinueandmaintainforthebenefitofPurchaserthosebusinessrelationshipsofSellersexistingpriortotheClosingandrelatingtothe
Business;(b) refer toPurchaserallinquiriesrelatingtosuch Business; and(c)promptlydelivertoPurchaser (i) any mail,packagesandothercommunications
addressedtoSellerrelatingtotheBusinessand(ii)anypropertythataSellerreceivesandthatproperlybelongstoPurchaser.
8.3 Return of Purchased Assets and Excluded Assets .If,foranyreasonaftertheClosing,anyofthePurchasedAssetsorAssumedLiabilities
areultimately determined to beExcludedAssetsorExcluded Liabilities, respectively, or SelleracquirespossessionofPurchased Assets, orPurchaseracquires
possessionofExcludedAssets(includingwithoutlimitation cash and/or cash equivalents), respectively,thenwithoutdemandneeding to be made therefore (i)
Purchaser shall transfer and convey (without further consideration) to the applicable Seller, and such Seller shall accept, such Purchased Assets and acquired
ExcludedAssets;(ii)suchSellershallassume,andagreetopay,perform,fulfillanddischarge(withoutfurtherconsideration)suchAssumedLiabilitiesandshall
transferandconveytoPurchasersuchacquiredPurchased Assets(withoutfurtherconsideration),respectively; and(iii)PurchaserandsuchSellershallexecute
suchdocumentsorinstrumentsofconveyanceorassumptionandtakesuchfurtheractswhicharereasonablynecessaryordesirabletoeffectthetransferofsuch
PurchasedAssetsandacquiredExcludedAssetsbacktosuchSellerandthere-assumptionofsuchAssumedLiabilitiesandthere-deliverytoPurchaserofsuch
acquiredPurchasedAssetsbysuchSeller.
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