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Document Preview Licence Agreement |
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Click "Add to Cart" button to purchase document. |
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Title: |
Licence Agreement |
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Entities: |
Wynn Resorts, Ltd.; Wynn Las Vegas, LLC; Calitri Services and Licensing Limited Liability Company |
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Date: |
2003 |
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Size: |
Preview shows 11KB of 36KB total |
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Price: |
$45 |
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ID: |
#150836 |
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Start of Preview |
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LICENCE AGREEMENT
BETWEEN
WYNN LAS VEGAS, LLC
3145 Las Vegas Blvd. South, Las Vegas, NV 89109, USA (Wynn Las Vegas),
AND
CALITRI SERVICES AND LICENSING LIMITED LIABILITY COMPANY
2724 Ujlengyel Dorsa, Gyorgy Utea 1 - Hungary, Europe (Calitri),
DATED
October 31, 2002
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WHEREAS Wynn Las Vegas, wishes to have the right to produce and present an aquatic live show (the Show) based and developed on a Concept which has been approved by Wynn Las Vegas and described in a document entitled Genesis dated October 2001 (the Show Concept), at the Le Rve resort, in Las Vegas, Nevada (Le Rve); | |
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WHEREAS Calitri will create and own the rights to use and exploit the storyline, plot, themes, characters, concept developments, ideas, costumes, sets, choreographies, lighting concepts, staging, sound designs and copyrights in the Show (all of which being herein together referred to as the Rights); | |
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WHEREAS Calitri agrees to licence to Wynn Las Vegas on an exclusive basis the necessary rights to produce and present live performances of the Show and to create, manufacture, produce, sell and distribute derivative products and merchandising and to produce, distribute and sell publications relating to the Show, subject to the terms and conditions of this Agreement. | |
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Now, therefore, in consideration of the mutual covenants herein contained the parties hereto agree as follows: | |
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1. |
DEFINITIONS |
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All capitalized words and terms not defined in this Agreement shall have the meaning given to them in the Production Services Agreement entered into between Wynn Las | |
Page 2 of 15
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Vegas and Productions du Dragon S.A. on October 31, 2002 (the Dragon Production Agreement). | |||
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2. |
GRANT OF LICENSE | ||
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A) |
Subject to the terms of this Agreement and in consideration of the payments to be made pursuant to Section 11 hereto, Calitri hereby grants to Wynn Las Vegas for the whole duration of the Term and any Extension an exclusive license, to: | ||
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(1) |
produce and present live performances of the Show at Le Rve and at any other Wynn Casino; | |
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(2) |
adapt, change, rearrange, modify, add to or delete from the Show for the purposes mentioned in Section 2.A) (1) hereof, with the prior consent and the assistance of Calitri and provided that any such adaptation, change, rearrangement, modification or addition shall become the sole property of Calitri; | |
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(3) |
create, manufacture, produce, sell and distribute, anywhere throughout the world, derivative products incorporating or representing the name and/or the logo of the Show (the Show Trademarks) or any visual elements of the Show, and any other derivative products approved and authorized by Calitri (collectively the Show Products); | |
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(4) |
advertise the Show by any method and through any media; and | |
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(5) |
publish, distribute and sell anywhere throughout the world printed material directly related to the live performances of the Show, in book, magazine, program or other printed form. | |
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B) |
Subject to the terms of this Agreement and in consideration of the payments to be made pursuant to Section 11 hereof, Calitri hereby grants to Wynn Las Vegas the perpetual exclusive license to exploit the Show Trademarks exclusively with the other rights hereunder granted. | ||
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C) |
All rights and licenses herein granted are cumulative; Wynn Las Vegas may exercise or use any or all of such rights and licenses simultaneously with or separately from the exercise of any other rights and licenses. | ||
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D) |
Calitri and Wynn Las Vegas mutually acknowledge the relationship of trust and confidence established between the parties. Calitri hereby represents that it and Franco Dragone representing Creations du Dragon S.P.R.L.U. (Crations) will use their best efforts in furthering the interests of Wynn Las Vegas to provide
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