TRADEMARK LICENSE AGREEMENT
THIS AGREEMENT (“ Agreement ”) is made effective as of the ___ day of __________, 20__ (the
“ Effective Date ”), between JAMES H. WATSON, JR. , an individual, with an address at 1869 W. Littleton
Boulevard, Littleton, Colorado 80227 (“ Licensor ”); and N8 CONCEPTS, INC. , a Colorado corporation,
located at 1869 W. Littleton Boulevard, Littleton, Colorado 80227 (“ Licensee ”).
A. Licensor is the owner of the following trademark (the “ Mark ”):
“POLICE THE CREASE” (U. S. Serial Number 77/266564).
B. As of the Effective Date of this Agreement, Licensor is the controlling shareholder of Licensee.
C. Licensor and Licensee have had an oral agreement by which License has been able to use the
Mark in connection with its business, and the parties now desire to enter into a written agreement to that effect.
1. Licensor grants Licensee an exclusive license to use the Mark (the “ License ”) on and in
connection with clothing, and such other goods and any services as may be desired by Licensee from time to time,
subject to the advance written approval of Licensor, which approval will not be unreasonably withheld (collectively,
the “ Goods and Services ,” or separately, the “ Goods ” or the “ Services ”).
2. If Licensor creates one or more new trademarks or service marks appropriate for the business of
Licensee, the new mark(s) can added to this Agreement, and references in this Agreement to the Mark will be
deemed to include new mark(s), upon written notification from Licensor to Licensee specifying the new mark(s).
3. In consideration for this License, Licensee agrees to pay to Licensor an annual fee of $100.00.
4. Licensee agrees to use the Mark only in connection with the Goods and Services. Licensee
further agrees to offer only Goods and Services under the Mark that meet the minimum standards and specifications