We agree with your analysis.
From: Six, Anne
Sent: Tuesday, January 14, 2020 9:01:50 AM (UTC-05:00) Eastern Time (US & Canada)
Subject: FW: Exclusive License Confirmation
[Redacted] We agree with your analysis.
Sent: Friday, January 10, 2020 1:47:58 PM (UTC-05:00) Eastern Time (US & Canada)
Subject: Exclusive License Confirmation
X will acquire an exclusive worldwide license from Y to use Y’s trademark and certain images developed by Y in connection with a product that X is developing. Y will retain all rights to use its trademark and images in all other types of products. X will not acquire any rights to patents from Y. X will pay Y a fee and a percentage of the revenues it will obtain once it markets the product under development.
Under Informal Interpretation #0812010 (copied in full below), we understand that X will not be deemed to be acquiring from Y any assets under the exclusive license described above. Given the age of Informal Interpretation #0812010, we are writing to confirm that it still reflect the PNO’s position on this issue. Please advise.