Promotional Items

Promotional Items. Merchandise, bearing one or more items of the Authorized Property, used for advertising and promotion solely the Distilled Spirits Products (e.g. hats, t-shirts, glassware and similar items). All Promotional Items will either be given away as free, promotional, premium items or sold solely in tasting rooms or online webstores wholly owned by Licensee provided the parties agree in writing upon a royalty to be paid to Licensor therefor prior to any such sales, unless otherwise agreed to by the... parties hereto pursuant to a separate written license agreement. In the event Licensee engages any third party to create Promotional Items, Licensee shall enter into a work-for-hire (in a form approved by Licensor) assigning all rights to any Promotional Items to Licensee View More