Nautilus 2009 Annual Report Download - page 207
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Strength Products and Accessories Licenses:
9
2.9. The Cardio Products Licenses shall be worldwide, non-sublicensable (except to Affiliates of Buyer), and royalty bearing. The
Cardio Products Licenses may be assigned to a Successor
-
in
-
Interest in accordance with the terms below.
2.10.
Nautilus hereby grants to Buyer a non
-exclusive license to use the
Nautilus Marks
in the Commercial Channel on Strength
Products and Accessories.
2.11.
Nautilus hereby grants to Buyer a non
-exclusive license to use the
Commercial Marks
in the Commercial Channel on
Strength Products and Accessories.
2.12.
Nautilus hereby grants Buyer a non
-
exclusive license to the
Nautilus Patents
to make, have made, use, sell, offer to sell, and
import Nautilus Branded and Commercial Branded Strength Products and Accessories in the Commercial Channel.
2.13.
Nautilus hereby grants Buyer a non
-
exclusive license to the
Commercial Patents
to make, have made, use, sell, offer to sell,
and import Nautilus Branded and Commercial Branded Strength Products in the Commercial Channel.
2.14.
Nautilus hereby grants to Buyer a non
-exclusive license to use the Nautilus Marks and the Commercial Marks in the
Commercial Channel on
Marketing Collateral
associated with the commerce of Strength Products and Accessories.
2.15.
Nautilus hereby grants Buyer a non
-exclusive license to the
Other Commercial IP
to use, sell, offer to sell, import,
reproduce, and make derivate works relating to Nautilus Branded and Commercial Branded Strength Products and
Accessories in the Commercial Channel.
2.16. For the avoidance of doubt, the licenses to the Nautilus Patents and the Commercial Patents (prior to assignment) extend to
Nautilus Branded and/or Commercial Branded goods only.
2.17. The Strength Products and Accessories Licenses shall be worldwide, non-sublicensable (except to Affiliates of Buyer), and
royalty bearing. The Strength Products and Accessories Licenses may be assigned to a Successor-in-Interest in accordance
with the terms below.