Document:

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Exhibit 10.1

                         Interim Compensation Agreement

December 30, 2010

GMFJ, LLC
4625 West Nevso Drive, Suite 2
Las Vegas, Nevada 89103

Attention:  Rodney Henry, Managing Member

         Re:  Interim Agreement to Serve as Mondial Ventures' CEO and Chairman
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Dear Rodney:

      The purpose of this letter is to memorialize an interim agreement between
FMFJ, LLC, a California limited liability company ("GMFJ") and Mondial Ventures,
Inc., a Nevada corporation (the "Company") following the merger (the "Merger")
of Legacy Athletic Apparel LLC, a Virginia limited liability company and the
Company. This letter is the interim compensation agreement between GMFJ and the
Company referenced in Section 6.8 of the Agreement and Plan of Merger dated as
of December 14, 2010 and relating to the Merger. It is effective as of the
Effective Time of the Merger.

      In connection with the Merger, you have been appointed a director of the
Company. The Company desires and has offered to compensate GMFJ for your
services as its Chairman of the Board of Directors, President and Chief
Executive Officer ("CEO"), and GMFJ has accepted our offer and agreed to allow
you to serve, on the interim terms set forth in this letter and on a
non-exclusive basis, in each of those capacities for the Company.

      The term of this interim arrangement will be for a period not to extend
beyond June 30, 2011. During this interim period, you will serve as the
Company's Chairman and CEO. During this period, GMFJ will accrue monthly
compensation of $10,000, the payment of which will be delayed until the Company
has obtained additional financing or commenced revenue generating operations. As
an executive, you will be entitled to all other benefits and perquisites made
available to our senior managers.

      We covenant and agree to negotiate with GMFJ in good faith and to use our
commercial best efforts to enter into a long-term employment or compensation
agreement with GMFJ as soon as practicable in the interim period. When completed
and signed, that agreement will supersede this agreement. It may or may not also
be retroactive to the date of this agreement, as we mutually determine.

                                                   Sincerely,

                                                   /s/ Rob Fiallo
                                                   Rob Fiallo
                                                   Chief Operating Officer
                                                   Mondial Ventures, Inc.

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Exhibit 10.2

                    INTELLECTUAL PROPERTY LICENSE AGREEMENT

      This  Intellectual Property License Agreement ("Agreement") between Rodney
Henry ("Licensor") and Legacy Athletic Apparel LLC, a Virginia limited liability
company  ("Licensee") is entered into as of October 25, 2010 ("Effective Date").
Licensor  and  Licensee  are sometimes individually referred to as a "Party" and
collectively referred to as the "Parties".

      WHEREAS, Licensee desires to utilize the Intellectual Property (as defined
below)  solely  in  connection  with  the  development,  manufacture,  sale  and
distribution  of  the  Licensed Property (as defined below) in the Territory (as
defined  below)  during  the  Term  (as  defined  below)  in accordance with the
remaining terms and conditions in this Agreement; and

      WHEREAS,  Licensor  is  willing to grant Licensee an exclusive license (as
defined  below)  to  the  use  of  the Intellectual Property under the terms and
conditions in this Agreement.

      NOW,  THEREFORE, in consideration of the foregoing recitals and the mutual
covenants contained herein, the Parties agree as follows:

1. GRANT OF RIGHTS; ROYALTY
   ------------------------

      1.1   Grant;  Important  Definitions.  Licensor  grants  to  Licensee  the
exclusive  right to use the Proprietary Marks and other Intellectual Property in
connection  with  the  Licensed  Products  in  connection  with the operation by
Licensee  of  its  business  (the  "Business").  Section 1.3 below describes the
exclusive nature of this License. For the purposes of this Agreement:

      "Business"  means  the  business  of  Licensee  including  its production,
distribution, marketing and sale related to the Licensed Products.

      "Intellectual   Property"   shall  mean  the  Proprietary  Marks  and  any
intellectual property rights of Licensor related to the Proprietary Marks.

      "License"  means  the  license  granted  by  Licensor  to Licensee in this
Section 1.1;

      "Licensed  Products"  shall mean the individual products that are approved
by Licensor in accordance with this Agreement and thereafter, that are produced,
distributed, marketed and sold by Licensee. Licensed Products will fall into the
following general categories: athletic footwear and athletic apparel;

      "Proprietary  Marks" shall mean the applied-for marks listed on Exhibit A,
including  derivations of them and logos related to the Proprietary Marks or any
of the derivations of them;

      "Person"   shall  include  any  natural  person,  as  well  as  any  firm,
corporation,  limited  liability  company,  trust,  partnership,  joint venture,
association, or other business organization, under or subject to the laws of any
jurisdiction; and

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      "Territory"  means  the  following  regions:  the  United  States, Canada,
Mexico,  Central  America, South America, the Caribbean, Australia, New Zealand,
the  Middle East, the United Kingdom, the remainder of Europe, the former Soviet
Union,  South Africa and the remainder of Africa, Japan, China, the Philippines,
Korea,  and  the remainder of Asia. However, that if Licensee does not have more
than  de  minimus  sales  in  a  given  region  within twenty four months of the
Effective  Date,  that region will no longer be part of the Territory under this
Agreement  and Licensee's rights with respect to that region will be terminated.
Licensee  may  not  sell, distribute, promote or advertise the Licensed Products
outside  the  Territory. Licensee shall not knowingly seek or otherwise transfer
the  Licensed  Products  to  any  individual  or  entity who intends to sell the
Licensed  Products  outside the Territory or whom Licensee has reason to believe
may  intend  to  sell  the  Licensed Products outside the Territory. Licensee is
expressly  prohibited  from selling the Licensed Products through (a) any retail
account that has locations both within and without the Territory unless adequate
assurances are provided to Licensor that sales by the account will occur only in
the  Territory;  and  (b)  except  as  provided elsewhere in this Agreement, any
electronic  transmission  (whether  now in existence or later developed) through
which  a  consumer  is  solicited  to  purchase  the  Licensed Products by mail,
telephone or electronic means, including, without limitation, televised (whether
broadcast or cable) electronic retailing programs, infomercials, direct response
commercial  spots,  and computerized shopping services, whether on-line services
or  otherwise  (collectively, "electronic transmissions"). Should Licensee offer
the  Licensed  Products  through permitted electronic transmissions or on one or
more  e-commerce  sites  on  the  Internet, Licensee will not fill any orders to
customers   that  are  outside  the  Territory  or  ship  Licensed  Products  to
destinations  outside  the  Territory.  Immediately  upon  discovering  Licensed
Products outside the Territory, Licensee shall use its best efforts to halt this
distribution of the Licensed Products and shall keep Licensor regularly apprised
of  all  activities  in  this  regard.  Should Licensee breach this Agreement by
acting  in  violation of the territorial restrictions described in this Section,
these  sales  will  still be subject to the royalty obligations described in the
Agreement.  The foregoing royalty obligation shall not limit or prevent Licensor
from  availing  itself  of  any  other  remedy  provided  in  this Agreement for
Licensee's breach of the territorial restrictions.

      1.2 Licensee to Act to Enhance Intellectual Property. As a general matter,
Licensee  will always act to enhance the image and further the reputation of the
Proprietary  Marks  and  other Intellectual Property. Licensee acknowledges that
there  exists  a high quality image, prestige and reputation associated with the
Intellectual Property, and Licensee shall use commercially reasonable efforts to
maintain  the  high  quality  image, prestige and reputation of the Intellectual
Property throughout the Term (as defined in Section 2 below).

      1.3  Exclusive  Aspect  of  License.  Except  as set forth in Section 4.5,
Licensor  will  not  grant  to  any  other  Person a right or license to use the
Intellectual  Property  in  connection with the Licensed Products located in the
Territory  and  will not itself use the Proprietary Marks in connection with the
Licensed  Products  in  the  Territory.  Licensor  reserves for itself all other
rights  and  privileges  in connection with the Proprietary Marks. The exclusive
rights  of  the  Licensee  under  this  Section  shall  be extinguished with the
expiration  or other termination of this Agreement under Section 7 or otherwise.
For   avoidance  of  doubt,  the  termination  of  these  obligations  shall  be
simultaneous  with the expiration or other termination of this Agreement whether
or not there is a "phase-out" period under Section 7.

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      1.4  Royalty.  Licensee  shall  pay  to  Licensor  an amount equal to Four
Percent (4%) of the Net Sales up to 5,000,000, 8% of Net Sales from 5,000,001 to
12,000,000 and Ten Percent (10%) of Net Sales above $12,000,000 (the "Royalty").
"Net  Sales"  shall  mean  the  gross  sales  to Licensee's customers, including
related  customers,  of  all  products  and  services  related  to  the Licensed
Products,   less   only  discounts,  returns,  allowances  and  chargebacks  and
uncollectible accounts up to five percent (5%) of all gross sales. Licensee will
pay  Royalties  on  the  15th  day  of each calendar month, in arrears, based on
actual  monies  received  by  Licensee on invoices for Licensed Products sold by
Licensee.

      Licensee  will submit to Licensor along with its Royalty payment a Royalty
statement  in the form attached as Exhibit C, even in reporting periods where no
sales  have  taken place. The first payment and Royalty statement will be due on
the 15th day of the month following the end of the month in which Licensee first
sells  Licensed Products. In the event there are returns, the Royalty previously
paid with respect to the returns shall be deducted from future Royalty payments.
All  payments  will  be  made in U.S. dollars. All references to dollars or $ in
this  Agreement  are to U.S. dollars. All Royalty payments which are not made on
the  dates  specified  in  this Agreement will accrue interest at the commercial
Prime  Rate  as published in The Wall Street Journal, plus three percent, or the
highest  rate permitted by applicable law, whichever is highest, starting on the
date the Royalty payment was due until paid in full.

      Licensee  acknowledges  and  agrees  that this Agreement confers no rights
upon Licensee unless expressly provided herein.

2. TERM
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      The  term  of  this Agreement (the "Term") shall commence on the Effective
Date  and shall continue until termination pursuant to Section 7 or December 31,
2028.

3. PROMOTION AND ADVERTISING
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      3.1 Development and Promotion of Business. Licensee shall use commercially
reasonable  efforts  to  develop  and  promote  its  Business  generally and the
Licensed  Products specifically. All advertising, promotion and marketing of the
Licensed  Products must be consistent with the high quality, image and standards
of Licensor as communicated to Licensee from time to time.

      3.2  Licensee  Responsibilities  Re  Advertising;  Process  for  Approval.
Licensee  shall  be  responsible  for  all  costs (e.g., printing, reproduction,
distribution or otherwise) related to actually placing advertisements, promotion
or  other  marketing within the Territory. Licensee shall submit to Licensor for
Licensor's  review  and  prior  written approval all advertising and promotional
materials  and  all  electronic  materials  including all website materials that
Licensee  intends  to use; the right of approval shall encompass media placement
and  scheduling,  creative  execution, all advertising materials, presentations,
all  promotional  literature  and  materials,  and  anything  else utilizing the
Proprietary  Marks  ("Advertisements").  Licensor  shall  have  up  to  ten (10)
business  days  to  approve  or  reject  in  writing  all submissions ("Approval
Period"),  which approval shall not be unreasonably withheld. Advertisements not
rejected  within  the  Approval  Period shall be deemed approved. Subject to the
foregoing,  Licensee  shall  make  all  changes  to Advertisements that Licensor
reasonably  requests during the Approval Period, and Licensee shall resubmit the
revised Advertisements to Licensor for a second Approval Period and so on, until
the  Advertisements  have  been  approved by Licensor. Any resubmission shall be
approved  or  rejected by Licensor within five (5) business days, which approval
shall  not  be  unreasonably  withheld  or  delayed.  Thereafter, Licensee shall

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similarly submit any Advertisements that differ materially from already approved
Advertisements  to  Licensor  for  review and prior written approval in the same
manner.  Licensor  shall  have  the  right  to use or adapt for free for its own
promotional  purposes  any  advertising  or  promotional  materials developed by
Licensee  under  the  provisions of this Section 3.2, whether during the Term or
thereafter.  In  the  event  the  Advertisements  cease  to  be  consistent with
Licensor's then current standards, Licensor may withdraw any previously approved
Advertisements by providing Licensee with sixty (60) days prior written notice.

      3.3  Licensor's  Right  to Supply Materials. From time to time in its sole
discretion,  but without any obligation to do so, Licensor may make available to
Licensee   visual   materials,  such  as  photographs,  for  use  in  Licensee's
Advertisements.  Licensor shall retain all intellectual property rights in these
materials.

      3.4  Publicity  and Press Releases. Licensee shall not issue any publicity
or  press  release  regarding  Licensor,  or Licensee's contractual relations or
activities  under  this  Agreement  without  first  obtaining  the prior written
approval  of Licensor to the release or publicity, except to the extent required
by  law  or by a court of competent jurisdiction. Licensor's consent will not be
unreasonably withheld, conditioned or delayed.

      3.5  Use  of  Licensee Identifier. Licensee has the right, without further
approval from Licensor, to use the phrase "a product of Legacy Athletic Apparel"
or words to similar effect, in conjunction with the Proprietary Marks; provided,
however,  that  the font size for the phrase shall be no greater than 30% of the
font size in which the Proprietary Marks appear.

      3.6  Promotional  Items.  Subject  to  the  terms  and  conditions of this
Agreement,  Licensee  may  print  the Intellectual Property on promotional items
(such as cups, apparel, and similar items) that are given away for free and that
are  approved  in  advance  by  Licensor  in  accordance  with  this Section 3.6
("Promotional  Items").  Licensee  shall not offer Promotional Items for sale or
distribute  them  in  any  manner without the prior written consent of Licensor.
Licensee  shall  submit  to  Licensor  for  prior  written approval all proposed
Promotional Items.

4. MANAGEMENT OF THE BUSINESS
   --------------------------

      4.1  General  Statement.  At  all times during the Term of this Agreement,
Licensee  will  operate  the  Business  as  a premier manufacturer and seller of
athletic  apparel  and will maintain the high quality, prestige and standards of
the Business relative to its competitors in the markets where it competes.

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      4.2  Approval of Proposed Licensed Products. Licensee may propose products
from  time  to  time,  for inclusion as a Licensed Product under this Agreement.
Licensee  will submit proposals to Licensor in writing pursuant to the procedure
outlined  in  Exhibit B. Licensor will approve or reject each and every proposed
Licensed  Product pursuant to the procedure described in Exhibit B. Licensee may
not  use  the  Intellectual  Property on new products until Licensor consents in
accordance  with  the  process outlined in Exhibit B. Proposals for new Licensed
Products  will  include  the  distribution channels in which Licensee intends to
sell, any relevant merchandising information, and the anticipated retail price.

      4.3 Approval of Use of Intellectual Property. The Parties acknowledge that
the  faithful  representation  of  the  Proprietary  Marks, as well as the other
Intellectual  Property  of  Licensor,  is mandatory on the part of Licensee with
respect  to  any  reproduction  issued  by  Licensee,  whether  appearing on the
Licensed  Products or in print or otherwise displayed in promotions, advertising
or  marketing materials. Licensee further agrees that the Proprietary Marks will
always  be faithfully and exactly reproduced, unless prior written authorization
for  modification  is  received  from Licensor. Each new or different use of the
Intellectual  Property  on a Licensed Product shall be submitted to Licensor for
approval  pursuant to the approval procedures set forth above in this Agreement.
Licensor shall reply within ten (10) business days of submissions. Failure to so
reply  may  be considered implied approval and Licensee may proceed as if actual
approval had been received. Licensee shall forward by email a reminder notice to
Licensor  on  the  third business day following issue of its original notice. If
Licensor objects to a submission, any resubmission shall be approved or rejected
by  Licensor  within  five  (5) business days thereof. Consistent with terms and
intent  of  this  Agreement,  Customers of Licensee shall have point of purchase
("POP")  usage  of  the  intellectual  property/advertising media of Licensee to
promote  sales  of  the  intellectual properties while this agreement remains in
force and effect.

      4.4  Labeling Requirements: All Licensed Products shall contain a label or
hang-tag  approved  by  Licensor; the words "by Rodney Henry" shall be placed on
the  hang  tag  unless  Licensor directs otherwise. On all labels, hang-tags and
Licensed  Products  the  circle  "R"  ((R))  or "TM" ((TM)) as appropriate shall
appear  denoting  trademark  registration,  registration  in  the  Territory, or
pending  registration,  and  where  applicable,  all  items subject to copyright
protection shall bear a proper and complete circle "C" ((c)) copyright notice as
may  be  specified  by  law.  Licensor shall have the right from time to time to
designate  the  exact  symbols  or  language  to  be  used by Licensee to denote
ownership  by Licensor of the Intellectual Property. Licensee agrees to maintain
a   strict,  accurate  and  current  inventory  of  all  labels  throughout  the
manufacturing  process  of the Licensed Products so as to preclude any diversion
of  the  labels  to  persons  or  companies  other than authorized licensees. No
additional  labels,  hang-tags  or  identification  shall appear on the Licensed
Products  unless  prior  written  approval  of  Licensor  is obtained; provided,
however,  that Licensee may include a separate label for care, content, size and
country of origin, as may be required by any industry or trade group, or by law.
Furthermore, Licensee will comply with all laws and regulations of the Territory
regarding  marking  legends  or  labeling  on  Licensed  Products,  cartons  and
packaging,  and any written requirements furnished to Licensee that Licensor may
establish  with  regard  to  the markings. Subject to a superseding order from a
governmental  authority  or  industry  group,  Licensee  will  have  thirty days
following  receipt of any new requirements to effect full compliance on Licensed
Products to be manufactured after that point.

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<PAGE>

      4.5  Maintenance  of  Licensed  Product  in  Marketplace.  Licensee  shall
determine  on  a  commercially  reasonable  basis  whether  or not to maintain a
Licensed  Product.  Licensee shall inform Licensor in writing of its decision to
remove a Licensed Product from its continuing sales and marketing efforts. If an
entire  line of Licensed Products are removed from commerce consistent with this
Section  4.5,  Licensor  may pursue independent agreements with third Persons in
connection with the discontinued product line.

      4.6 Designs and Inventions. Any designs or inventions proposed by Licensee
or  and  not  using  any  of  the  Intellectual  Property, will be the exclusive
property  of Licensee. Any matter for which a patent, copyright, service mark or
other  trademark  may  be  obtained and that is proposed by Licensor will be the
exclusive  intellectual  property  of  Licensor.  This is true even if Licensor,
directly  or indirectly, is in an employment relationship with Licensee. Utility
and design patents are not considered protected intellectual property under this
Agreement.

      4.7 Consumer Warranty. On each Licensed Product sold, Licensee will at its
expense,  provide  and  honor at a minimum the industry standard warranty to the
consumer.  Licensee will honor its warranty directly with the consumer according
to  its terms, notwithstanding that to do so may require Licensee to expend time
and  money  after  the  expiration  or  other termination of this Agreement. Any
recall of any Licensed Product will be entirely at Licensee's expense.

      4.8 Inspections of Facilities by Licensor. Licensor has the right, but not
the  obligation,  to  inspect  Licensee's  places  of business, and the place of
business of any affiliate, permitted sublicense or subcontractor of Licensee who
manufactures,  warehouses,  distributes  or  transports  the  Licensed  Products
("Licensee's Affiliates"), at reasonable times and with not less than three days
written  notice,  to  assure  compliance with Licensor's quality specifications.
Licensee  and  Licensee's Affiliates will cooperate fully in the inspections. If
Licensor  determines, in its sole reasonable discretion, that a Licensed Product
does  not  comply  with  the  quality  specifications  of the sample approved by
Licensee  prior  to  production,  or  the handling, storage or transportation of
Licensed  Product  is  otherwise  in  violation  of the terms of this Agreement,
Licensor  shall  give  Licensee written notice of the violation. In making these
inspections,  Licensor  will  take  reasonable  steps  not to interfere with the
business  being conducted on the premises. Notwithstanding the inspection rights
granted   to   Licensor  under  this  Section,  Licensee  shall  be  financially
responsible  for  all  damages  related  to a breach of this Agreement by any of
Licensee's Affiliates.

      4.9  Inspections  of  Licensee's  Books  and Records. Licensee agrees that
Licensor  or  its  agent  will  have the right to examine and copy all books and
accounts  of  Licensee  which bear on the accuracy of the Royalty statements and
payments  of  Licensee  to  Licensor.  Receipt  or acceptance by Licensor of any
statements  or payments will not preclude Licensor from questioning or objecting
to the correctness thereof.

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<PAGE>

      4.10  Maintenance  of  Licensee's  Books  and  Records. Licensee agrees to
maintain  books  of  account  and  records in accordance with Generally Accepted
Accounting  Principles  (GAAP)  sufficiently accurate to enable ascertainment of
royalties  due  and  to  preserve  the books of account and records for at least
three  years  after  the  termination of this Agreement. Licensor, or its agent,
will  have  the  right to audit, at Licensor's expense, the books of account and
records  from  time  to  time  (but  not  more  frequently  than once during any
consecutive  six  month  period so long as there has been no event of default by
Licensee  under  this Agreement) at Licensee's facilities during normal business
hours  upon not less than 10 days written notice to Licensee. Licensee agrees to
cooperate  with Licensor in all reasonable respects in the examination or audit.
Except  as  set  forth  in  Section 4.11 below, all audit costs will be borne by
Licensor.

      4.11  Result  of  any Audit. Should any audit by Licensor reveal that less
than  10%  of  the Royalties for any calendar year or portion of the year remain
unpaid,  Licensee will pay this amount immediately, plus interest at the maximum
rate  permitted  by law. Should any audit by Licensor reveal that 10% or more of
the  Royalties  for any calendar year or portion thereof remain unpaid, Licensee
will pay this amount immediately, plus interest at the maximum rate permitted by
law, plus reimburse Licensor for its actual costs and expenses in conducting the
audit. The payment of these amounts will not impact Section 7.1.7.

5. OWNERSHIP OF INTELLECTUAL PROPERTY; MAINTENANCE OF RIGHTS; INFRINGEMENT
   -----------------------------------------------------------------------

      5.1  Licensor  Warranties  and  Representations.  Licensor  has  filed the
documentation  necessary for registration of the Proprietary Marks and the USPTO
has  published  for  opposition. Licensor warrants and represents to the best of
its  personal  knowledge  that  (i)  it  has  full  legal  right  to  use of the
Intellectual  Property, (ii) it is duly and exclusively authorized to license or
sublicense  the  use,  exploitation  and  commercialization  of the Intellectual
Property  in the Business during the Term, and (iii) that it has the full right,
power  and  authority to grant to Licensee the rights conveyed in this Agreement
without in any way violating or infringing upon the rights of any other Party.

      5.2  Ownership  of Intellectual Property. Subject only to the License, all
uses  of  the  Intellectual  Property  shall  inure  to the benefit of Licensor.
Licensee  acknowledges and agrees that, as between Licensor and Licensee, at all
times  before,  during  and after the Term, Licensor is and will be the sole and
exclusive  owner of any and all Intellectual Property, including all Proprietary
Marks  and  any other trademarks or service marks used by Licensor in connection
with  its  business  other  than the Business (collectively with the Proprietary
Marks,  the  "Licensor  Marks"),  and  Licensee  will  not attempt in any manner
whatsoever,  to  state  any claim of ownership whatsoever to any of the Licensor
Marks.  Licensee  shall  not  (a) challenge the validity of the ownership of the
Licensor  Marks  by Licensor or any application for registration, or (b) contest
the  fact  the  Licensee's  rights  under  this  Agreement are solely those of a
licensee  and  terminate  upon  expiration  or  termination  of  this Agreement.
Licensee  acknowledges  that  the Licensor Marks have acquired secondary meaning
and that Licensee shall not acquire any rights in the Licensor Marks, other than
the  License.  Licensee  expressly  recognizes  that  all rights relating to the
Intellectual  Property  and any good will derived from it are vested exclusively
in the Licensor. Licensee assigns and transfers to Licensor all interests it may
have in the Intellectual Property by virtue of its sales or the goodwill derived
from  the  sales.  Licensee  shall  not  register,  have  registered, or use any
trademark,  service mark or domain name containing or confusingly similar to any
of the Licensor Marks.

                                       7
<PAGE>

      5.3  Licensor  Reservation  of  Rights.  All  rights  in  the Intellectual
Property  other  than  those specifically granted by the License are reserved by
Licensor  for  its  own  use  and  benefit. Licensee agrees that it will make no
direct or indirect use of the Intellectual Property in connection with any other
business  and  that  it will not permit any other Person to use the Intellectual
Property  without  the  prior  written consent of Licensor, which consent may be
withheld by Licensor in its sole and absolute discretion.

      5.4  Preservation of Ownership Rights. During the Term, Licensee will take
all  actions  necessary  to  insure  that  Licensor's  ownership  of any and all
Proprietary  Marks  and  other  rights  in connection with the Licensed Products
remain  exclusively  in  the  name of Licensor. Licensee agrees to undertake the
registration  and maintenance of Licensor's rights in and to any and Proprietary
Marks  and  other  rights  in  connection  with  the Licensed Products. Licensee
irrevocably  appoints Licensor its attorney in fact to cancel any recordation of
any  ownership  or  use  of  the  Proprietary  Marks by Licensee. Licensee shall
execute  at  any  time,  whether during or after the term of this Agreement, any
documents  reasonably requested by Licensor, including a written confirmation of
Licensor's exclusive ownership rights in the Proprietary Marks.

      5.5  Licensee's  Further  Obligations  Regarding Preservation of Ownership
Rights.  Licensee  shall  promptly  notify  Licensor of any information obtained
regarding  infringements  or  imitations  by  third  Persons of any Intellectual
Property,  or  any  act  of  unfair competition by third Persons relating to the
Business.  Upon  request by Licensor, Licensee shall cooperate reasonably and in
good  faith assist Licensor to the extent necessary to protect any of Licensor's
rights in the Intellectual Property, at Licensor's sole cost and expense.

      5.6  Actions  Against  Infringers. In the event of any infringement or any
act  of  unfair  competition,  Licensor  shall  have  the  right,  but  not  the
obligation, to take any steps and institute any suits or proceedings as Licensor
may  deem  advisable  to  prevent  the infringements, limitations or acts and to
secure  damages  and  other  relief,  and  generally to take all steps as may be
advisable  for  the  full  protection  of  the rights of Licensor. At Licensor's
request Licensee shall fully cooperate with Licensor to stop the infringement or
acts,   including   assisting   Licensor  in  obtaining  counsel  to  Licensor's
satisfaction,  and  Licensee  shall  join with Licensor as a party to any action
brought  by  Licensor  for this purpose. Licensor shall bear all of the expenses
and  costs  in  connection  with  any  action to protect its rights. Any amounts
recovered in any action shall belong solely to Licensor. Licensee shall not take
or  participate  in any action with respect to the Intellectual Property without
the  Licensor's  prior written approval, which Licensor may withhold in its sole
discretion.

      5.7  Survival of Licensee's Obligations. The obligations of Licensee under
this Section will survive the expiration or other termination of this Agreement.

6. INDEMNIFICATION AND INSURANCE
   -----------------------------

                                       8
<PAGE>

      6.1 Licensee Indemnification; Advancement of Defense Costs. Licensee shall
indemnify,  defend  (through  the  first  level  of  an appeal process) and hold
harmless  Licensor,  its  officers,  directors,  employees and agents ("Licensor
Indemnitees")  of  and  from any and all liability, claims, causes of action and
suits  (whether direct or derivative), damages, settlements, and any other costs
and expenses (including reasonable attorneys' fees and related costs), for which
any  of the Licensor Indemnitees may become liable or be compelled to pay in any
action or claim against any of the Licensor Indemnitees by reason of, related to
or  arising  from  (a) the operation or condition of the Business, including the
violation   of  any  law,  regulation  or  ordinance,  (b)  any  negligent  act,
misfeasance or non-feasance by the Licensee or any of its agents, contractors or
employees,  or  (c)  any  breach  of  any  representation, warranty, covenant or
agreement   of   Licensee   under  this  Agreement  (the  "Licensor  Indemnified
Liabilities").  If  and  to  the  extent  that  the  foregoing  indemnity may be
unenforceable   for  any  reason,  the  Licensee  agrees  to  make  the  maximum
contribution to the payment and satisfaction of each of the Licensor Indemnified
Liabilities permissible under applicable law.

      Licensee  also  agrees  that it shall be obligated to pay all expenses and
costs  to  or  on  behalf  of  each  Licensor Indemnitee related to any Licensor
Indemnified  Liability,  on  an  as-incurred and current basis in advance of the
disposition of the proceeding, provided that the Licensor Indemnitee shall repay
all  amounts  advanced  if a final, non-appealable adjudication establishes that
the  Licensor Indemnitee has engaged in conduct for which indemnification is not
available  as  a  matter of law or public policy. If Licensor (or its affiliate)
pays  or  causes to be paid, for any reason, any amounts otherwise indemnifiable
under  this  Agreement  or  under  any  other indemnification agreement (whether
pursuant  to  limited partnership agreement, operating agreement, bylaw, charter
or  other agreement), then Licensor (or its affiliate) shall be fully subrogated
to  all  rights  of  the  Licensor Indemnitee for which the payment was made and
Licensee shall reimburse all these payments directly to Licensor.

      6.2 Licensor Indemnification; Advancement of Defense Costs. Licensor shall
indemnify,  defend  (through  the  first  level  of  an  appeal process)and hold
Licensee,  its  officers,  directors,  employees,  contractors and agents of any
kind,  professional  or  otherwise ("Licensee Indemnitees") harmless of and from
any  and  all  liability,  claims, causes of action and suits (whether direct or
derivative),  damages,  settlements, and any other costs and expenses (including
reasonable  attorneys'  fees  and  related  costs) for which any of the Licensee
Indemnitees  may  become  liable  or  be compelled to pay in any action or claim
against  any  of  the  Licensee Indemniteees by reason of, related to or arising
from  (a)  any  claim  that  use of the Proprietary Marks in connection with the
Business  in  accordance  with  the  terms  and  conditions  of  this Agreement,
infringes  upon  the  trademark,  trade  name, trade dress or other intellectual
property  right  of  any  third Person, or (b) any breach of any representation,
warranty,  covenant  or  agreement  of Licensor in this Agreement (the "Licensee
Indemnified Liabilities"). If and to the extent that the foregoing indemnity may
be  unenforceable  for  any  reason,  the  Licensor  agrees  to make the maximum
contribution to the payment and satisfaction of each of the Licensee Indemnified
Liabilities permissible under applicable law.

      Licensor  also  agrees  that it shall be obligated to pay all expenses and
costs  to  or  on  behalf  of  each  Licensee Indemnitee related to any Licensee
Indemnified  Liability,  on  an  as-incurred and current basis in advance of the
disposition of the proceeding, provided that the Licensee Indemnitee shall repay
all  amounts  advanced  if a final, non-appealable adjudication establishes that
the  Licensee Indemnitee has engaged in conduct for which indemnification is not
available  as  a  matter of law or public policy. If Licensee (or its affiliate)
pays  or  causes to be paid, for any reason, any amounts otherwise indemnifiable
under  this  Agreement  or  under  any  other indemnification agreement (whether
pursuant  to  limited partnership agreement, operating agreement, bylaw, charter
or  other agreement), then Licensor (or its affiliate) shall be fully subrogated
to  all  rights  of  the  Licensee Indemnitee for which the payment was made and
Licensee shall reimburse all these payments directly to Licensee.

                                       9
<PAGE>

      6.3 Notice by Indemnified Party. An indemnified party ("Indemnitee") shall
give  the  indemnifying  party  ("Indemnitor")  prompt  written  notice  of  the
assertion  of  any  claim, suit, action or proceeding. The Indemnitor shall have
the exclusive right at its option, by giving written notice to the Indemnitee in
which  the  Indemnitor  confirms  in  writing that the Indemnitee is indemnified
hereunder  with  respect  to  the applicable claim, cause of action, or suit, to
defend  against,  negotiate,  settle  or otherwise deal with the claim, cause of
action or suit and to have the Indemnitee represented by counsel selected by the
Indemnitor  and  reasonably  satisfactory  to  the Indemnitee; provided that the
Indemnitee  may  participate in any proceeding with counsel of its choice and at
its  own  expense.  However, if, either (a) the Indemnitor does not exercise its
option  to  confirm  in writing that the Indemnitee is completely indemnified as
described above in this Section 6.3, or (b)at any time in the good faith opinion
of  counsel  for  the Indemnitee, a legal position that the Indemnitor wishes to
take  actually conflicts with the position of another party being represented by
counsel  chosen  by  the  Indemnitor  and  representing the Indemnitee, then the
Indemnitor  shall thereafter be responsible for the advancement of defense costs
in  a  manner  consistent  with  Sections  6.1 and 6.2 above with respect to the
expenses  and  costs  related to the Indemnitee's separate legal representation.
Where the Indemnitor is supplying the defense, the Indemnitee shall cooperate in
a  commercially  reasonable  manner  with  the  Indemnitor  in  all  respects in
connection  with  any  defense  as  may  be  made;  provided,  however, that the
Indemnitee  must  approve  any  settlement of any claim, demand or action to the
extent  that  the  settlement  imposes  any  restrictions  on  or  requires  the
Indemnitee  to  contribute  financially to the settlement or otherwise give up a
material right.

      6.4   Insurance.   Licensee   shall   maintain,   at  Licensee's  expense,
comprehensive  commercial general liability insurance with contractual indemnity
coverage  with  combined  single  limits  of  not  less than One Million Dollars
($1,000,000.00) per occurrence and at least Five Million Dollars ($5,000,000.00)
in  the  aggregate  for  personal  injury and property damage. The deductible or
retention  amount  shall  be  no  greater  than  $50,000.00. The insurance shall
provide  coverage insuring against loss, damage or liability for injury or death
to  persons  and  loss or damage to property and shall contain no exclusion with
respect  to  property  of  Licensor. All insurance policies shall be issued by a
carrier  with  a  current  A.M.  Best  Company  rating  of at least A:VII. These
certificates shall reflect that Licensor, its officers, directors, employees and
agents  are  "additional insureds'" and "loss payees." The insurance policy will
remain in effect for as long as any Licensed Product is sold and for a period of
two  years  thereafter.  The  insurance policy will provide that 30 days written
notice  be furnished to Licensor prior to cancellation, or prior to any material
modification  or  change.  On  the Effective Date and subsequently on Licensor's
written  request,  Licensee will furnish Licensor within forty-five (45) days of
the  date  of the written request with a certificate from the insurer evidencing
that  insurance as then currently in effect in accordance with the provisions of
this  Agreement.  Subject  to  Licensor's  written  consent,  which shall not be
unreasonably  withheld,  conditioned  or  delayed,  Licensee  may  fulfill these
obligations through a policy or policies issued to it and/or to the manufacturer
of the Licensed Products.

      6.5  Survival  of  Parties'  Obligations.  The obligations of both Parties
under  this  Section  will  survive  the expiration or other termination of this
Agreement

                                       10
<PAGE>

7. EVENTS OF DEFAULT
   -----------------

      7.1  Termination  With  Cause  by  Licensor:  Licensor  may terminate this
Agreement  with  cause,  effective upon written notice delivered pursuant to the
notice provisions of this Agreement, if any of the following events occurs (each
an "Event of Default"):

      7.1.1  Licensee is in default in the performance of any of its obligations
      under this Agreement (except for scheduled payments of Royalties and other
      Events  of  Default enumerated below) and the default has remained uncured
      (if the same is susceptible of cure) for a period of 60 days from the date
      of the Event of Default;

      7.1.2  Licensee has failed to make a scheduled Royalty payment as required
      under this Agreement, and this failure has lasted more than 10 days;

      7.1.3  Licensee  is placed in receivership, reorganization, liquidation or
      bankruptcy,  or  makes  a petition for voluntary bankruptcy, an assignment
      for the benefit of creditors, or becomes insolvent and Licensee remains in
      this status for a period of 60 days;

      7.1.4  The  management or control, or both, of Licensee's business by law,
      decree,  ordinance  or  other  governmental action, is made subject to the
      control  or  direction  of  any  governmental  agent,  officer, appointee,
      designee  or  any  other person not a Party to this Agreement and Licensee
      remains in this status for a period of 60 days;

      7.1.5   The   Licensed   Products   are  not  materially  of  the  quality
      specifications required under this Agreement, as determined by Licensor in
      its  sole  reasonable  discretion,  or  are  not  manufactured  in  strict
      compliance  with  national and local laws and regulations in their country
      of  manufacture,  and  this status remains uncured for a period of 30 days
      after notice either from Licensor or a third Person regarding one of these
      failings;

      7.1.6 Licensee changes its corporate structure or tax classification;

      7.1.7  An  inspection  of  the  books  and records of Licensee by Licensor
      pursuant  to  Section  4.9  determines  that  Licensee has understated the
      Royalties due Licensor by 10% or more during any period;

      7.1.8 In the event of any attempted or actual sale, transfer or assignment
      by Licensee of this Agreement or any of the rights granted to Licensee, or
      any  attempted or actual transfer, assignment or delegation by Licensee of
      any  of  the  responsibilities assumed by it, in violation of the terms of
      this Agreement;

                                       11
<PAGE>

      7.1.9  A  failure by Licensee to achieve one of the Performance Guarantees
      set  forth  in  this  Section  7.1.9.  The "Performance Guarantees" are as
      follows:  the  Net  Sales  (as  defined in Section 4.1) for the period (a)
      commencing on the first day of a shipment under this Agreement (the "First
      Shipping  Date")  and  concluding  twelve  months after the First Shipping
      Date,  are  at least Five Million Dollars ($5,000,000.00); or (b) from the
      first  day  of the 13th month after the First Shipping Date and concluding
      twenty-four months after the First Shipping Date, are at least Ten Million
      Dollars  ($10,000,000.00);  or  (c)  from  the first day of the 25th month
      after  the  First Shipping Date and concluding thirty-six months after the
      First  Shipping  Date,  and  thereafter  for  each successive twelve-month
      period, are at least Fifteen Million Dollars ($15,000,000.00);

      7.1.10  In  the  event  of  the  use  by  the Licensee of the Intellectual
      Property in any manner intentionally deceptive or misleading to the public
      or  where the Licensed Products may be harmful or dangerous to the public,
      all in Licensor's sole reasonable judgment, and the failure of Licensee to
      remedy  the  event  within  30  days after receipt of notice from Licensor
      citing to this use;

      7.1.11  In  the  event  of  the  use  by  the Licensee of the Intellectual
      Property  in a manner that materially damages or impairs the reputation or
      value   of  the  Intellectual  Property,  in  Licensor's  sole  reasonable
      judgment,  and  the failure of Licensee to remedy the event within 30 days
      after receipt of notice from Licensor citing to this use; or

      7.1.12 In the event the Licensee ceases operations or if Licensee fails to
      use  the  Intellectual Property as contemplated in this Agreement, and, in
      either  case,  does not provide Licensor with evidence, to Licensor's sole
      reasonable  satisfaction, that Licensee has re-started operations with the
      intention to continue to do business in the normal course or of Licensee's
      use of the Proprietary Marks both as to quantity and regularity consistent
      with normal operations, as applicable, within 30 days of receiving written
      notice from Licensor requesting this evidence.

Licensee  acknowledges  that  there is no cure period with regard to an Event of
Default under Sections 7.1.6 through 7.1.09.

      7.2  Impact  of  Termination  With Cause by Licensor: If this Agreement is
terminated with cause by Licensor as described above, the License is immediately
terminated  and  Licensee  will  immediately  cease  the use of all Intellectual
Property  and  will  cease  the  sale  of all Licensed Products. At its expense,
Licensee will cause all advertising/reference to the Intellectual Property to be
removed  from  the  product.  In  addition,  and  at  its expense, Licensee will
immediately   destroy  all  advertising  and  marketing  materials  bearing  the
Proprietary  Marks or other Intellectual Property. Within ten (10) business days
after  Licensor's  request,  Licensee  will  sign  under  penalty of perjury and
deliver  to  Licensor  an  acknowledgment  that  Licensee has complied with this
Section.  Licensee further agrees, represents and warrants that it will not use,
directly  or indirectly, any other mark or trade name confusingly similar to any
of  the  Intellectual  Property.  Licensee's  obligations to pay Royalties shall
continue  with  respect  to  all  sales of Licensed Products through the date of
termination  and  thereafter by retailers with inventory of Licensed Product, if
any.  This  Section  7.2 is solely for the benefit of Licensor and it may modify
these  provisions  for  the  benefit  of  Licensee  in  its  sole  and  absolute
discretion.

                                       12
<PAGE>

      7.3  Termination  With  Cause  by  Licensee:  Licensee  may terminate this
Agreement  with  cause,  effective  upon  written  notice pursuant to the notice
provisions of this Agreement, if any of the following events occurs ("Licensor's
Event of Default"):

      7.3.1  Licensor is in default in the performance of any of its obligations
      under  this Agreement and the default has remained uncured (if the same is
      susceptible  of  cure)  for a period of 60 days from the date of effective
      notice from Licensee regarding the default;

      7.3.2  Licensor violates the exclusivity of the granted License during the
      Term  either on its own part or, by purporting after the Effective Date to
      grant  a  written  license  to  a  third  Person  to  in  any  way use the
      Intellectual  Property  in  connection with products that compete with the
      Licensed  Products and that are intended for sale within the Territory, or
      Licensor  violates  the noncompetition provision set forth in Section 10.3
      of the Operating Agreement; or

      7.3.3  Any  material  inaccuracy  in  Licensor's  warranties  made in this
      Agreement  that  cannot be cured by Licensor within a reasonable period of
      time.

Licensor  acknowledges  that there is no cure period with regard to a Licensor's
Event of Default under Section 7.3.2.

      7.4  Impact  of  Termination  With  Cause  by  Licensee: In the event of a
termination with cause by Licensee, then Licensee will have a "phase-out period"
of  12  months  from  the date of termination. Licensee shall continue to comply
with  the  provisions  of  this  Agreement during the phase-out period including
Section  7.6.  The  License  shall  remain  in  full force and effect during the
phase-out  period,  except  that  the  License shall not be exclusive. After the
phase-out period allowed under Section 7.6, the License is terminated.

7.5  Natural  Expiration:  If  this  Agreement  expires,  not  as  a  result  of
termination by either Party, then Licensee will have a "phase-out period" of six
months from the date of expiration. Licensee shall comply with the provisions of
Section  7.6  dealing  with  the  "phase-out period". After the phase-out period
allowed under this Agreement, the License is terminated.

7.6  Phase-Out  Period  Requirements:  During  the phase-out period, the License
shall not be exclusive. The following shall apply:

      7.6.1  Licensee  shall market and sell any Licensed Product on hand within
      the  Territory.  Any  work-in-progress  may  be  completed  and  added  to
      inventory  but  all  other  manufacturing  must  cease  as  of the date of
      termination or expiration, as the case may be.

                                       13
<PAGE>

            7.6.2  Licensee  agrees  and  acknowledges that during the phase-out
      period it will continue to be bound by all of the terms of this Agreement,
      including,  but  limited  to,  those relating to the marketing and sale of
      Licensed  Products.  Licensed  Products not sold by Licensee in accordance
      with this Section by the end of the phase-out period shall be destroyed at
      Licensee's  expense,  or  may  be  sold  only  after  all  evidence of the
      Intellectual  Property  has  been  removed prior to sale and at Licensee's
      expense  (which  removal  may  be  inspected  by  Licensor,  its agents or
      representatives).  To be clear, if it is not possible to remove all of the
      Intellectual  Property,  then  the  Licensed Product shall be destroyed at
      Licensee's expense;

            7.6.3  At  the  conclusion  of  the phase-out period, all materials,
      including   all  advertising,  promotion,  marketing,  packing  and  other
      materials   bearing  the  Intellectual  Property  shall  be  destroyed  at
      Licensee's expense;

            7.6.4  The  expiration  or  other  termination of this Agreement for
      whatever  reason  shall not relieve Licensee of its duties and obligations
      under  this  Agreement,  including  (but not limited to) the obligation to
      furnish Royalty statements and payments of Royalties;

            7.6.5  Within  ten  (10)  business  days  after  Licensor's request,
      Licensee  will  sign  under  penalty of perjury and deliver to Licensor an
      acknowledgment  that Licensee has complied with its obligations under this
      Section 7.6.

8. FURTHER REPRESENTATIONS AND WARRANTIES OF THE PARTIES
   -----------------------------------------------------

      Each Party further warrants and represents as follows:

      8.1  Corporate Standing and Authority. To the extent not a natural person,
each  is  a  corporation  or  limited  liability company duly organized, validly
existing,  and  in good standing under the laws of its state of incorporation or
formation, and has all necessary power to enter into and perform its obligations
under this Agreement.

      8.2  No  Negative  Impact  on  Status  Quo.  The  execution,  delivery and
performance  of  this Agreement does not now and will not result in a default or
an  event  that,  with  notice  or  lapse of time or both, would be a default or
violation of any agreement, obligation, contract, instrument, judgment, order or
award  of  any court, arbitrator, or administrative officer, or any law, rule or
regulation by which such Party is bound.

      8.3  Authority.  It  has  the  right  and  authority  to  enter  into this
Agreement.

      8.4  Survival. Each of the Parties' representations and warranties in this
Section will survive the expiration or earlier termination of this Agreement.

9. GENERAL
   -------

      9.1  Notices.  Any  notice,  demand,  consent,  election, offer, approval,
request,  or other communication (collectively a "notice") required or permitted
under this Agreement must be in writing and either delivered personally, sent by
certified  or registered mail, postage prepaid, return receipt requested or sent
by  overnight courier. A notice must be addressed to a Party at the Party's last
known address. A notice delivered personally will be deemed given on the date of
delivery.  A  notice that is sent by mail will be deemed given five (5) business
days  after  it  is  mailed.  A notice sent by a nationally recognized overnight
courier  will  be  deemed  given  the first business day after deposit with that
courier.  Until  further  notice,  the  address for all purposes, and the person
designated to act on behalf of an entity is as set forth below:

                                       14
<PAGE>

      If to Licensee:                      With copy to:

      If to Licensor:                      With copy to:

      Any  correctly  addressed notice that is refused, unclaimed or undelivered
because of an act or omission of the Party to be notified shall be considered to
be  effective  as  of  the  first  day that the Notice was refused, unclaimed or
considered  undeliverable  by  the  postal  authorities,  messenger or overnight
delivery service. The Parties shall have the right from time to time, and at any
time,  to  change  their  respective addresses, and each shall have the right to
specify as its address any other address within the United States of America, by
giving to the other Party prior written notice thereof, in the manner prescribed
herein;  provided,  however, that to be effective, any change of address must be
actually received (as evidenced for example, by a return receipt).

      9.2 Waiver; Amendments and Modifications. Failure or delay by either Party
to  insist  on  the  strict  performance  of  any  covenant,  term, provision or
condition,  or to exercise any option contained, or to pursue any claim or right
arising  in  this Agreement, shall not constitute or be construed as a waiver of
that covenant, term, provision, condition, option, claim or right. Any waiver by
either  Party shall not constitute or be construed as a continuing waiver of any
subsequent  default.  Any amendments or modifications to this Agreement shall be
in writing and executed by the Parties to this Agreement.

      9.3  Right  to Injunctive Relief. Each Party recognizes that, in the event
that  one Party fails to perform, observe or discharge any of its obligations or
liabilities  under  this Agreement, any remedy at law may prove to be inadequate
relief  to the other Party; therefore, each Party agrees that in that event, the
other  Party,  if  it  so requests, shall be entitled to temporary and permanent
injunctive   relief,  without  the  necessity  of  proving  actual  damages.  In
connection  with  any injunctive relief that may be sought by a Party, the other
Party  acknowledges  that  the breach by it of any of its obligations under this
Agreement,  other  than  the  payment  of  money,  will  result in immediate and
irremediable damage to that Party. Each Party acknowledges and admits that there
is  not an adequate remedy of law for this type of breach and agrees that in the
event of this type of breach, the Party seeking relief shall be entitled to seek
equitable  relief  by way of temporary and permanent injunctions (both mandatory
and  prohibitory)  and any other and further relief, at law or in equity, as any
court  with  jurisdiction  may  deem  just and proper. The other Party expressly
waives  any  requirements  or obligations of the Party requesting relief to post
any  bond  or  provide  any  security as a condition to obtaining the injunctive
relief. Resort to this equitable relief, however, shall not be construed to be a
waiver  of  any  other  rights  or  remedies  that Party may have for damages or
otherwise

                                       15
<PAGE>

      9.4 Governing Law; Jurisdiction; Venue; Service of Process. This Agreement
shall  be  governed by and construed in accordance with the laws of the State of
California,  without  regard  to  principles  of conflicts of law, except to the
extent  that  the  applicability  of the law is preempted by Federal law. In the
event of any dispute under or related to this Agreement or any of the referenced
agreements  or  any  of the matters described or contemplated in this Agreement,
exclusive  jurisdiction and venue shall reside in the County of Los Angeles with
each Party expressly and irrevocably submitting to jurisdiction and venue in Los
Angeles  County and waiving any right to any other jurisdiction or venue for any
reason  whatsoever.  Service may be effected by any method prescribed by law, or
by  transmittal  of  a  copy  of  the complaint or other appropriate pleading by
registered  mail,  return  receipt  requested,  to  the address specified in the
notice provision.

      9.5 Mandatory Arbitration. To the maximum extent permitted by law:

      (A) Any controversy or claim arising out of or relating to this Agreement,
or  otherwise  related  to  the compliance by either Party with its obligations,
shall  be finally determined by arbitration in Los Angeles County, California in
accordance  with  the  Arbitration Rules of the American Arbitration Association
(the "Rules") then in effect, except as those Rules are amended by this Section.
There shall be a single arbitrator who shall be a retired judge. The decision of
the  arbitrator  shall  be consistent with then California law and shall include
written  findings  of  fact  and  conclusions of law. THE PARTIES UNDERSTAND AND
ACKNOWLEDGE THAT UNDER THIS SECTION, EACH WAIVES THE RIGHT TO A TRIAL BY JURY IN
CONNECTION WITH ANY ARBITRABLE CONTROVERSY OR CLAIM. Any Party to this Agreement
may  submit  any  controversy  or  claim  to  arbitration. Judgment on the award
rendered  by the arbitrator may be entered by any court having jurisdiction. The
prevailing  Party shall be entitled to reasonable attorneys' fees and costs. The
Parties  agree  that  Los Angeles County, California is the proper venue for any
arbitration.  The  Parties  acknowledge  that  enforcement  of  the  provisional
remedies described in Section 9.3 above will require that one or more motions be
set in a court of law.

      (B)  IF  A  COURT OVERRIDES THE ARBITRATION PROVISION AND REQUIRES A COURT
TRIAL  OR  IF  THE  ADJUCIATION  OF ISSUES UNDER THIS AGREEMENT INCLUDES ISSUES,
CLAIMS  OR  PARTIES  THAT  MAY  NOT  BE  RESOLVED  IN AN ARBITRATION, EACH PARTY
EXPRESSLY  WAIVES  ANY  RIGHT  TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING TO
ENFORCE  OR  DEFEND  ANY  RIGHTS  UNDER  THIS  AGREEMENT,  ANY SUPPLEMENT OR ANY
AMENDMENT,  INSTRUMENT,  DOCUMENT  OR  AGREEMENT  DELIVERED  OR WHICH MAY IN THE
FUTURE  MAY  BE  DELIVERED IN CONNECTION WITH THIS AGREEMENT OR ARISING FROM ANY
RELATIONSHIP EXISTING IN CONNECTION WITH ANY RELATED TRANSACTION AND AGREES THAT
ANY ACTION OR PROCEEDING SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY.

                                       16
<PAGE>

      9.6  Severability.  A  determination that a provision of this Agreement is
unenforceable  or invalid shall not affect the enforceability or validity of any
other   provision  which  shall  remain  in  full  force  and  effect,  and  any
determination  that  the  application  of any provision of this Agreement to any
Person  or  circumstance  is  illegal  or  unenforceable  shall  not  affect the
enforceability or validity of the provision as it may apply to any other Persons
or circumstances.

      9.7 Entire Agreement. This Agreement contains the entire understanding and
agreement  between  the  Parties with respect to the matters set forth in it and
supersedes  and  shall prevail over all prior and contemporaneous understandings
and  agreements, whether oral or written, among the Parties. All written or oral
term  sheets  and  statements regarding the subject matter of this Agreement are
superseded and of no effect.

      9.8  Attorneys'  Fees and Associated Costs. Licensee will pay all fees and
costs  incurred  by  it  and by Licensor in connection with the documentation of
this  Agreement  and  the  transactions  and  agreements  contemplated  by  this
Agreement,  including  each  of  the  exhibits.  This  reimbursement  payment to
Licensor  shall  be  made  by Licensee Legacy Athletic Apparel LLC within thirty
days  of  the Effective Date. If a lawsuit, arbitration or other proceedings are
instituted  by  any  Party  to  enforce  any  of the terms or conditions of this
Agreement  against  any  other  Party,  the  prevailing Party in the litigation,
arbitration  or  proceedings  (including  any proceeding under the United States
Bankruptcy  Code)  shall  be  entitled, as an additional item of damages, to the
reasonable costs of collection, its reasonable attorneys' and other professional
fees and costs (including, but not limited to, expert, investigation and witness
fees),  court  costs, arbitrators' fees, arbitration administrative fees, travel
expenses,  and  other  out-of  pocket  expenses or costs, as may be fixed by the
court,  arbitrator or other judicial or quasi-judicial body, whether or not suit
is  filed  and  whether  or  not the litigation or other proceedings arrive at a
final  judgment or award. In addition to the foregoing award of attorneys' fees,
the  prevailing  Party  shall be entitled to its attorneys' fees incurred in any
post-judgment  proceedings  to  enforce any judgment or award. This provision is
separate  and  several  and  shall survive the merger of this provision into any
judgment.  For  the purposes of this Section, any Party receiving an arbitration
award  or  a  judgment  for  damages  or other amounts shall be deemed to be the
prevailing  Party, regardless of the amount of the damage awarded or whether the
award  or  judgment  was based on all or some of the Party's claims or causes of
action.

      9.9 No Assignment, Sublicensing or Hypothecation. Licensee may not assign,
delegate,  sublicense  or  hypothecate  any  of its rights and duties under this
Agreement  without the prior written consent of Licensor. This approval will not
be  unreasonable  withheld,  conditioned  or  delayed. Any attempted assignment,
sublicense  or  hypothecation  by  Licensee without the prior written consent of
Licensor  shall be void ab initio and shall constitute a "for cause" event under
Section 7.1.8. "Hypothecation" under this Section includes any pledge, mortgage,
grant of liens in or upon, grant of a security interest in, use as collateral or
otherwise  borrowing  upon  the  License  or any of Licensee's rights under this
Agreement.  For avoidance of doubt, Licensor shall have the right to assign this
Agreement  in a transaction or series of transactions, to (i) a purchaser of the
Proprietary  Marks,  (ii) a Person who acquires a majority of the units or other
equity  interests  of the Licensor or controlling affiliate of Licensor (whether
through  sale,  merger,  operation  of  law, or otherwise) or (iii) to any other
Person  that  controls,  is  controlled  by, or is under common control with the
Licensor.

                                       17
<PAGE>

      9.10  Contracts with Third Persons and Responsibility for Default: Subject
to  Licensor's  review  of and consent to the written agreement between Licensee
and  any  third Person engaged, which consent will not be unreasonably withheld,
delayed  or  conditioned,  Licensee  may  contract  the  actual  manufacture and
distribution  of  the  Licensed  Products  to  one  or  more third Persons. At a
minimum,  any third Person contract shall require the third Person contractor to
comply  with  the  relevant  provisions of this Agreement. Should any contractor
violate the relevant terms of this Agreement (beyond any applicable cure period,
if  the  breach  is  susceptible  to  cure),  it will be considered a default by
Licensee  under Section 7.3. Further, Licensee shall be primarily responsible to
pay  Licensor  any  damages  sustained  by  Licensor  that  are  caused  by  the
contractor's breach.

      9.11 Further Cooperation. Whenever, and so often as, requested by a Party,
the  other  Party will promptly execute and deliver, or cause to be executed and
delivered,  all  other  and  further  instruments,  documents or assurances, and
promptly do or cause to be done all other and further things as may be necessary
and reasonably required in order to further and more fully discharge and perform
the  obligations  and  agreements  of the Parties, and to more fully vest in the
requesting  Party,  all  rights,  interests,  powers,  benefits,  privileges and
advantages conferred, or intended to be conferred, upon it by this Agreement.

      9.12 Voluntary and Knowing Signature. Each Party represents that the terms
and  conditions  of  this  Agreement  and  the  transactions contemplated by the
Parties  have  been  fully explained to that Party, that Party has consulted (or
has  had the opportunity to consult) independent legal and tax advisors and that
Party  has  voluntarily  elected  to enter into this Agreement. In the event any
claim  is  made  by any Party relating to any conflict, omission or ambiguity in
this Agreement, no presumption or burden of proof or persuasion shall be implied
by virtue of the fact that this Agreement was prepared by or at the request of a
particular Party.

      9.13   Further   Instruments.  All  instruments,  certificates  and  other
documents  to  be executed and delivered under this Agreement by any Party shall
be in a form reasonably satisfactory to counsel for that Party.

      9.14  Binding Effect. This Agreement shall be binding upon and shall inure
to  the  benefit of the successors and assigns of the Parties to the extent this
Agreement  is assignable. This Agreement is not intended to confer any rights or
remedies upon Persons that are not signatories to this Agreement.

      9.15 Counterparts and Facsimile Signatures. This Agreement may be executed
in  any  number  of  original, fax or emailed counterparts, and all counterparts
shall  be  considered  together as one agreement. A faxed or emailed counterpart
shall  have the same force and effect as an original signed counterpart. Each of
the  Parties  forever  waives  any  rights  to raise the use of a fax machine to
deliver  a  signature, or the fact that any signature or agreement or instrument
was  transmitted or communicated through the use of a fax machine or email, as a
defense to the formation of a contract.

                                       18
<PAGE>

      9.16  Section  Headings.  The  various  section  headings are inserted for
convenience  of  reference only and shall not explain, modify, enlarge, restrict
or  affect  the  meaning  or  interpretation  of  this  Agreement  or any of its
provisions.

      9.17  Remedies  Cumulative.  The  remedies  provided in this Agreement are
cumulative and not exclusive of any remedies provided by law. Exercise of one or
more  remedy(ies)  by  either  Party  does  not  require  that  all or any other
remedy(ies)  be  exercised  and  does  not  preclude  later exercise of the same
remedy.

      9.18   Survival   of   Representations   and   Warranties.   Each  Party's
representations and warranties contained in this Agreement shall (i) survive the
execution, delivery and acceptance by the Parties and (ii) remain true until the
rights,  duties  and  obligations  under  this Agreement are fully performed, or
otherwise satisfied.

      9.19  No Agency Created. Nothing in this Agreement will make one Party the
agent  of  the  other,  and no Party has power or authority to bind the other in
respect of any of the rights or duties except in the context of the License.

      9.20  Limitation  on  Damages.  Except with respect to the indemnification
requirements set forth in Section 6 above, neither Licensor nor Licensee will be
liable  for  punitive, incidental, indirect, consequential damages or claims for
anticipated  or  lost  profits  arising out of this Agreement, regardless of how
determined  and  regardless  of  whether  either  Party had reason to know these
damages would arise.

      9.21  Word  Usage.  Unless the context clearly requires otherwise, (a) the
plural  and  singular numbers shall each be deemed to include the other; (b) the
masculine,  feminine  and  neuter  genders  shall  each be deemed to include the
others; (c) "shall," "will," or "agrees" are mandatory, and "may" is permissive;
(d) "or" is not exclusive; and (e) "includes" and "including" are not limiting

10. CONFIDENTIAL INFORMATION
    ------------------------

      10.1  Confidentiality.  Licensee  (a) shall, and shall cause its officers,
directors,  employees,  attorneys,  accountants, auditors, agents and Licensee's
Affiliates  (each,  a  "Restricted  Party"  and  collectively,  the  "Restricted
Parties"),  to  maintain  in  strictest  confidence  any  and  all  confidential
information   of   Licensee   that  is  not  available  to  the  general  public
(collectively,  the  "Confidential Information") and (b) shall not disclose, and
shall  cause its Restricted Parties not to disclose, Confidential Information to
any  Person,  except  only  to  the extent that disclosure is required by law or
legal  process  or  regulatory  agencies,  in which event Licensee or one of the
Restricted  Parties,  as  the  case may be, shall notify Licensor as promptly as
practicable  (and,  if  possible,  prior  to  making  any  disclosure) and shall
cooperate   in   the  seeking  a  protective  order  and  shall  otherwise  seek
confidential  treatment  of the information. The term "Confidential Information"
shall  not  include  information,  as  reflected  in the contemporaneous written
records  of  Licensee, that was (a) in the public domain at or subsequent to the
time the information was communicated to the Licensee through no wrongful act by
the Licensee, (b) rightfully in the Licensee's possession free of any obligation
of  confidence  at or subsequent to the time the information was communicated by
Licensor; or (c) communicated by Licensor to an unaffiliated third Party free of
any obligation of confidence.

                                       19
<PAGE>

      10.2  Exceptions.  Notwithstanding  anything  to the contrary contained in
this   Section   10.1,  any  Restricted  Party  may  disclose  any  Confidential
Information (a) for bona fide business purposes on a strict "need to know" basis
to its Affiliates, its board of directors, its professional representatives, its
lenders, sureties and insurers and potential investors, provided that any Person
obtaining  this  Confidential  Information  is  either  bound by confidentiality
obligations,  or  executes  a  confidentiality  agreement,  that  is at least as
protective  for  the  Licensee as the terms set forth in Section 10.1; or (b) in
order to enforce its rights under this Agreement.

      Licensor  and  Licensee  have caused this Agreement to be duly executed on
their  behalf  in  the  manner legally binding upon them. Each represents to the
other  that  the  individuals  signing  below  on  its behalf have all necessary
authority to do so and to bind the Parties indicated

LICENSOR:                                       LICENSEE:

By: __________________________                  By: _________________________

Name: __________________________                Name: _______________________

                                                Its: ________________________

                                       20
<PAGE>

                                   Exhibit A

                               Proprietary Marks
                               -----------------

                                       21
<PAGE>

                                   EXHIBIT B

                        Procedure for Licensed Products

As used in this Agreement, the process for approval of each proposed new product
will include the procedures discussed below:

New Licensed Products
---------------------

Licensor  and  Licensee  covenant  and  agree with one another to use reasonable
commercial efforts to cooperate in developing new Licensed Products. The Parties
agree  that the process will involve Licensor as little as possible, but without
limiting the approval rights granted to Licensor as described in this Agreement.

Licensee  will  provide  Licensor  with  a  written  Proposed  Marketing/ Sales/
Merchandising  Plan  ("Plan")  for  all  proposed  new  Products  in  advance of
Licensee's anticipated first shipment date. The Plan will include:

      a)    name of proposed Licensed Product;

      b)    product   fabrication,  technical  and  esthetic  design  and  style
            description;

      c)    packaging design;

      d)    retailer  pricing/margin  targets  (informational  purposes  only  -
            prices  are not to be determined by Licensor but will nonetheless be
            shared with Licensor);

      e)    distribution channels/ key retailers/ key customer targets; and

      f)    warranty and guarantee offer, if any.

Licensor  will  provide  Licensee  with  a  written response either approving or
disapproving  the proposed Licensed Product, within five business days of actual
receipt  by  Licensee  of  the  Plan.  If Licensor (a) responds with its written
approval  or  (b)  does not respond at all within the required time period, then
the  proposed  Licensed  Product  is  deemed approved. Licensee shall forward by
email  a  reminder  notice  to  Licensor on the third day following issue of its
original notice.

If the proposed Licensed Product is approved (or deemed approved), then Licensee
will  provide  Licensor  with no less than three pre-production samples that are
representative  of  the  proposed  Licensed  Product  in  all material respects.
Licensor  will  have  ten  business  days  to respond to Licensee to confirm its
satisfaction  that  the  samples  comply  with  the  product  specifications  as
described  in the Plan and are otherwise reasonably satisfactory to Licensor. If
Licensor  (a)  responds  with  approval  of  the  sample designs or (b) does not
respond  at  all  within  the  required  time period, then the proposed Licensed
Product is deemed to comply.

                                       22
<PAGE>

                                   EXHIBIT C

                             Form of Royalty Report

                                       23

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