Document:

Exhibit 10.2

 

SECOND AMENDED AND RESTATED

LOAN AND SECURITY AGREEMENT

 

AMONG

 

BANK HAPOALIM B.M.

as Agent

 

THE FINANCIAL INSTITUTIONS PARTY HERETO,

as Lenders

 

XCEL BRANDS, INC.,

as Borrower

 

and

 

IM BRANDS, LLC,

JR LICENSING, LLC,

H LICENSING, LLC,

C WONDER LICENSING, LLC,

XCEL DESIGN GROUP, LLC,

JUDITH RIPKA FINE JEWELRY, LLC,

H HERITAGE LICENSING, LLC,

XCEL-CT MFG, LLC

as Guarantors

 

Dated: February 11, 2019

 

    	 	 	 

     

    

 

Table of
Contents

 

	 	 	 	Page
	 	 	 	 
	1.	DEFINITIONS	2
	 	1.1	General Definitions	2
	 	1.2	Accounting Terms	24
	 	1.3	Other Terms	24
	 	1.4	Rules of Construction	25
	 	 	 	 
	2.	LOANS	25
	 	2.1	Revolving Loans	25
	 	2.2	Term Loans	26
	 	2.3	Incremental Term Loans	26
	 	 	 	 
	3.	REPAYMENT AND PREPAYMENTS	27
	 	3.1	Intentionally Omitted	27
	 	3.2	Repayment of Revolving Loan	27
	 	3.3	Repayment of Term Loan	27
	 	3.4	Repayment of Incremental Term Loan	27
	 	3.5	Timing and Type of Payment	27
	 	3.6	Voluntary Prepayments	28
	 	3.7	Prepayment Events	28
	 	3.8	Application of Payments	28
	 	3.9	Taxes	29
	 	3.10	Increased Costs and Reduction of Return	31
	 	3.11	Certificates of Lenders	32
	 	3.12	Funding Losses	32
	 	 	 	 
	4.	PROCEDURES	34
	 	4.1	Procedure for Revolving Loan	34
	 	4.2	Conversion and Continuation Elections	34
	 	4.3	Accounting of Loans	34
	 	4.4	Payments by Lenders to Agent; Settlement	35
	 	 	 	 
	5.	INTEREST AND FEES	39
	 	5.1	Interest and Fees	39
	 	 	 	 
	6.	CONDITIONS PRECEDENT	40
	 	6.1	Conditions Precedent to the Effective Date	40
	 	6.2	Conditions Precedent to each Loan	40
	 	 	 	 
	7.	REPRESENTATIONS, WARRANTIES AND COVENANTS	40
	 	7.1	Corporate Existence; Compliance with Law	40
	 	7.2	Names; Organizational Information; Collateral Locations	41
	 	7.3	Power; Authorization; Enforceable Obligations	41
	 	7.4	Financial Statements; Books and Records	41
	 	7.5	Material Adverse Change	42
	 	7.6	Real Estate; Property	42

 

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Table of
Contents

 

	 	 	 	Page
	 	 	 	 
	 	7.7	Ventures, Subsidiaries and Affiliates; Outstanding Equity Interests and Indebtedness	42
	 	7.8	Government Regulation; Margin Regulations	42
	 	7.9	Taxes; Charges	43
	 	7.10	Payment of Obligations	43
	 	7.11	ERISA	43
	 	7.12	Litigation	44
	 	7.13	Intellectual Property	44
	 	7.14	Full Disclosure	44
	 	7.15	Hazardous Materials	44
	 	7.16	Insurance	45
	 	7.17	Deposit and Disbursement Accounts	45
	 	7.18	Accounts	45
	 	7.19	Conduct of Business	45
	 	7.20	Material Contracts	45
	 	7.21	Further Assurances	46
	 	7.22	Use of Proceeds	46
	 	7.23	Financing Right of First Offer	46
	 	7.24	Life Insurance	46
	 	7.25	Subsidiaries	47
	 	7.26	Foreign Assets Control Regulations; Anti-Money Laundering; Anti-Corruption Practices	47
	 	7.27	H Heritage Purchase Agreement	48
	 	7.28	FINANCIAL REPORTS; FINANCIAL COVENANTS	48
	 	7.29	Reports and Notices	48
	 	7.30	Financial Covenants	49
	 	7.31	Other Reports and Information	49
	 	7.32	Trademarks and License Agreements	49
	 	7.33	Intentionally Omitted	50
	 	7.34	Bank Accounts	50
	 	 	 	 
	8.	NEGATIVE COVENANTS	50
	 	 	 	 
	9.	SECURITY INTEREST	52
	 	9.1	Grant of Security Interest	52
	 	9.2	Agent’s Rights	54
	 	9.3	Agent’s Appointment as Attorney-in-Fact	54
	 	9.4	Grant of License to Use Intellectual Property Collateral	55
	 	9.5	Terminations; Amendments Not Authorized	55
	 	9.6	Inspections	55
	 	 	 	 
	10.	TERM	55
	 	10.1	Term of Agreement	55
	 	10.2	Termination of Lien	56
	 	10.3	Release of Lien	56
	 	 	 
	11.	EVENTS OF DEFAULT	56

 

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Table of
Contents

 

	 	 	 	Page
	 	 	 	 
	 	11.1	Events of Default	56
	 	11.2	Remedies	58
	 	11.3	Waivers	59
	 	11.4	Proceeds	60
	 	 	 	 
	12.	AGENT	60
	 	12.1	Appointment and Duties	60
	 	12.2	Binding Effect	61
	 	12.3	Use of Discretion	61
	 	12.4	Delegation of Rights and Duties	62
	 	12.5	Reliance and Liability	62
	 	12.6	Agent Individually	64
	 	12.7	Lender Credit Decision	64
	 	12.8	Expenses; Indemnities; Withholding	64
	 	12.9	Resignation of Agent	65
	 	12.10	Release of Collateral or Guarantors	66
	 	 	 	 
	13.	MISCELLANEOUS	66
	 	13.1	No Waiver; Cumulative Remedies	66
	 	13.2	Amendments and Waivers	67
	 	13.3	Expenses; Indemnity	68
	 	13.4	Borrowing Agency Provisions	69
	 	13.5	Guaranty	70
	 	13.6	Waivers	71
	 	13.7	Benefit of Guaranty	71
	 	13.8	Subordination of Subrogation	71
	 	13.9	Election of Remedies	71
	 	13.10	Liability Cumulative	72
	 	13.11	Waiver of Subrogation	72
	 	13.12	Assignments and Participations; Binding Effect	72
	 	13.13	Set-off; Sharing of Payments	75
	 	13.14	Replacement of Lender	76
	 	13.15	Creditor-Debtor Relationship	76
	 	13.16	Actions in Concert	76
	 	13.17	Descriptive Headings	77
	 	13.18	Notices	77
	 	13.19	Severability	77
	 	13.20	Entire Agreement; Counterparts	77
	 	13.21	SUBMISSION TO JURISDICTION	78
	 	13.22	WAIVER OF TRIAL BY JURY, CERTAIN DAMAGES AND SETOFFS	78
	 	13.23	GOVERNING LAW	78
	 	13.24	Reinstatement	78
	 	13.25	USA PATRIOT Act Notice	79

 

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INDEX OF EXHIBITS AND SCHEDULES

 

	Schedule I	-	Conditions Precedent
	Schedule II	-	Financial Covenants
	Schedule III	-	Addresses for Notices
	Schedule IV	-	General Terms for Letters of Credit
	Schedule V	-	Commitments
	 	 	 
	Exhibit A	-	Form of Revolving Loan Note
	Exhibit B-1	-	Form of Term Loan Note A
	Exhibit B-2	-	Form of Term Loan Note B
	Exhibit C	-	Form of Certificate of Compliance
	Exhibit D	-	Form of Power of Attorney
	Exhibit E	-	Form of Quarterly Royalty Collections Report
	Exhibit F	-	Form of Assignment Agreement
	Exhibit G	-	Form of LIBOR Notice
	 	 	 
	Disclosure Schedule 7.2	-	Names, Organizational Information and Collateral Locations
	Disclosure Schedule 7.6	-	Real Estate
	Disclosure Schedule 7.7	-	Ventures, Subsidiaries and Affiliates
	Disclosure Schedule 7.9	-	Taxes
	Disclosure Schedule 7.12	-	Litigation
	Disclosure Schedule 7.13	-	Intellectual Property
	Disclosure Schedule 7.15	-	Environmental Matters
	Disclosure Schedule 7.16	-	Insurance
	Disclosure Schedule 7.17	-	Deposit and Disbursement Accounts
	Disclosure Schedule 9(b)	-	Indebtedness
	Disclosure Schedule 9(e)	-	Permitted Liens

 

    i

     

    

 

SECOND AMENDED AND RESTATED

LOAN AND SECURITY AGREEMENT

 

This Second Amended and
Restated Loan and Security Agreement is made as of February 11, 2019 by and among XCEL BRANDS, INC., a Delaware corporation (“Initial
Borrower” and together with each Person who hereafter becomes a Borrower, collectively, “Borrowers”),
each other Credit Party executing or becoming a party to this Agreement, the financial institutions from time to time party to
this Agreement (collectively, “Lenders” and individually, each a “Lender”) and BANK HAPOALIM
B.M. (“BHI”) as collateral and administrative agent for Lenders (BHI in such capacity “Agent”).

 

BACKGROUND

 

Initial Borrower, IM Brands,
JR Licensing, H Licensing, C Wonder, Xcel Design, IMNY Retail and JR Jewelry, Lender and Agent are parties to an Amended and Restated
Loan and Security Agreement dated as of February 26, 2016, as amended (the “Existing Loan Agreement”).

 

Initial Borrower, Credit
Parties, Lenders party hereto and Agent have agreed to amend and restate the Existing Loan Agreement on the terms and conditions
set forth in this Agreement.

 

ARTICLE A

AMENDMENT AND RESTATEMENT

 

On the Effective Date,
the Existing Loan Agreement shall be amended and restated in its entirety by this Agreement and (a) all references to such Existing
Loan Agreement in any Loan Document other than this Agreement (including in any amendment, waiver or consent) shall be deemed to
refer to such Existing Loan Agreement as amended and restated hereby and (b) all references to any section (or subsection) of the
Existing Loan Agreement in any Loan Document (but not herein) shall be amended to be, mutatis mutandis, references to the corresponding
provisions of this Agreement. This Agreement is not intended to constitute, and does not constitute, a novation of the obligations
and liabilities under such Existing Loan Agreement (including the Obligations) or to evidence payment of all or any portion of
such obligations and liabilities.

 

On and after the Effective
Date, (a) the Existing Loan Agreement shall be of no further force and effect except to evidence (i) the incurrence of the “Obligations”
under and as defined therein and (ii) the representations and warranties made by any Credit Party prior to the Effective Date and
(b) the terms and conditions of this Agreement and rights and remedies under the Loan Documents, shall apply to all Obligations
incurred under the Existing Loan Agreement and the Notes issued thereunder.

 

Each Borrower and each
of IM Brands, JR Licensing, H Licensing, C Wonder, Xcel Design and JR Jewelry reaffirms the Liens granted pursuant to the Existing
Loan Agreement in favor of BHI and confirms that such Liens are in favor of Agent for the benefit of Secured Parties which Liens
shall continue in full force and effect in favor of Agent for the benefit of Secured Parties during the term of this Agreement
and any renewals or extensions thereof and shall continue to secure the Obligations.

 

    	 	 	 

     

    

  

AGREEMENT

 

NOW, THEREFORE, in consideration
of the premises and the mutual covenants and undertakings and terms and conditions contained herein, the parties hereto agree as
follows:

 

1.           DEFINITIONS

 

1.1          General
Definitions. When used in this Agreement, the following terms shall have the following meanings:

 

“Account Debtor”
means any Person who is or may become obligated with respect to, or on account of, an Account, Chattel Paper or General Intangibles
(including a Payment Intangible).

 

“Accounts”
means all “accounts,” as such term is defined in the UCC, now owned or hereafter acquired by any Person.

 

“Acquisition”
means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition
of all or substantially all of the assets of a Person or of any business or a division of a Person, (b) the acquisition of all
or a portion of the Equity Interests of any Person or (c) a merger or consolidation or other combination with another Person.

 

“Acquisition Documentation”
means with respect to an Acquisition (a) notice to Agent of such Acquisition setting forth in reasonable detail the terms and conditions
of such Acquisition, pro forma financial statements of Initial Borrower and its Included Subsidiaries after giving effect to the
consummation of such Acquisition and the incurrence or assumption of any Indebtedness in connection therewith and to the extent
available, a due diligence package with respect to such Acquisition, in each case, prior to closing of such Acquisition; (b) a
certificate of a the Chief Executive Officer or Chief Financial Officer of Borrowing Representative demonstrating on a pro forma
basis, after giving effect to the consummation of such Acquisition, compliance with the Financial Covenants set forth on Schedule
II calculated as of the last day of the most recent completed Fiscal Quarter for which financial statements have been delivered;
(c) to the extent available, such other information agreements, instruments and other documents as Agent may reasonably request;
and (d) as soon as available, executed counterparts of the respective agreements, documents or instruments pursuant to which such
Acquisition is to be consummated including any schedules to such agreements, documents or instruments and all other material ancillary
agreements, instruments and documents to be executed or delivered in connection therewith and, to the extent required under the
related acquisition agreement, all consents and approvals from applicable Governmental Authorities and other Persons.

 

    	 	2	 

     

    

  

“Affiliate”
means with respect to any Person (a) each other Person that, directly or indirectly, owns or controls, whether beneficially, or
as a trustee, guardian or other fiduciary, five percent (5%) or more of the Equity Interests having ordinary voting power for the
election of directors of such Person; (b) each other Person that controls, is controlled by or is under common control with
such Person or any Affiliate of such Person; or (c) each of such Person’s officers, directors, joint venturers and partners.
For the purpose of this definition, “control” of a Person means the possession, directly or indirectly, of the
power to direct or cause the direction of its management or policies, whether through the ownership of voting securities, by contract
or otherwise.

 

“Agent”
has the meaning given to such term in the preamble to this Agreement and any successor administrative and collateral agent.

 

“Agent Report”
has the meaning given to such term in Section 13.5(c).

 

“Aggregate Revolving
Loan Commitment” means the combined Revolving Loan Commitments of Lenders, which shall initially be in the amount of
$0, as such amount may be adjusted from time to time pursuant to this Agreement

 

“Aggregate Term
Loan Commitment” means the combined Term Loan Commitments of Lenders, which shall initially be in the amount of $22,000,000,
as such amount may be adjusted from time to time pursuant to this Agreement

 

“Agreement”
means this Agreement including all appendices, exhibits or schedules attached or otherwise identified thereto, restatements and
modifications and supplements thereto, and any appendices, exhibits or schedules to any of the foregoing, each as in effect at
the time such reference becomes operative; provided, that except as specifically set forth in this Agreement, any reference to
the Disclosure Schedules to this Agreement shall be deemed a reference to the Disclosure Schedules as in effect on the Effective
Date or in a written amendment thereto executed by Borrowers and Agent.

 

“Anti-Corruption
Laws” has the meaning given to such term in Section 7.26.

 

“Anti-Money Laundering
Laws” has the meaning given to such term in Section 7.26.

 

“Applicable Margin”
means with respect to (a) Base Rate Loans, a percentage per annum to be agreed to among Lenders and Borrowers and (b) with respect
to LIBOR Rate Loans, a percentage per annum to be agreed to among Lenders and Borrowers.

 

“Approved Fund”
means, with respect to any Lender, any Person (other than a natural Person) that (a) (i) is or will be engaged in making, purchasing,
holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of business or (ii)
temporarily warehouses loans for any Lender or any Person described in clause (i) above and (b) is advised or managed by (i) such
Lender, (ii) any Affiliate of such Lender or (iii) any Person (other than an individual) or any Affiliate of any Person (other
than an individual) that administers or manages such Lender.

 

    	 	3	 

     

    

  

“Assignment Agreement”
means an assignment agreement entered into by a Lender, as assignor, and any Person, as assignee, pursuant to the terms and provisions
of Section 14.12 (with the consent of any party whose consent is required by Section 14.14), accepted by Agent,
substantially in the form of Exhibit F or any other form approved by Agent.

 

“Bank Account”
means a checking, NOW or money market account or any other account on which a Borrower can draw checks with an office of Agent
in the United States.

 

“Banking Services”
means each and any of the following bank services provided to any Credit Party by any Lender or any of its Affiliates: (a) credit
cards for commercial customers (including “commercial credit cards” and purchasing cards), (b) stored value cards,
(c) merchant processing services, and (d) treasury management services (including controlled disbursement, automated clearinghouse
transactions, return items, overdrafts and interstate depository network services).

 

“Banking Services
Obligations” means any and all obligations of any Credit Party, whether absolute or contingent and howsoever and whenever
created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor)
in connection with Banking Services.

 

“Base Rate”
means the greater on any day of (a) Agent’s stated prime rate as reflected in its books and records, as such prime rate may
change from time to time, or (b) 2.00% per annum plus the overnight federal funds rate published by the Federal Reserve Bank of
New York. Agent’s determination of its Base Rate shall be conclusive and final; the Base Rate is a reference rate and is
not necessarily the lowest interest rate charged by Agent;

 

“Base Rate Loans”
means those Loans bearing interest based upon the Base Rate.

 

“Beneficial Ownership
Certification” means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

 

“Beneficial Ownership
Regulation” means 31 C.F.R. Section 1010.230.

 

“BHI”
has the meaning given to such term in the preamble to this Agreement.

 

“Books and Records”
means all books, records, board minutes, contracts, licenses, insurance policies, environmental audits, business plans, files,
computer files, computer discs and other data and software storage and media devices, accounting books and records, financial statements
(actual and pro forma), filings with Governmental Authorities and any and all records and instruments relating to, or otherwise
necessary or helpful in the collection of or realization upon, the Collateral or any Borrower’s business.

 

“Borrower”
has the meaning given to such term in the preamble to this Agreement.

 

“Borrowing Representative”
means Initial Borrower.

 

“Business Day”
means a day on which Agent is open for business and that is not a Saturday, a Sunday or other New York State or federal holiday.
When used in connection with a LIBOR Rate Loan, the term “Business Day” shall also exclude any English government
holiday.

 

    	 	4	 

     

    

 

“Capital Adequacy
Regulation” means any guideline, request or directive of any central bank or other Governmental Authority, or any other
law, rule or regulation, whether or not having the force of law, in each case, regarding capital adequacy of any Lender or of any
corporation controlling any Lender.

 

“Capital Expenditures”
means all payments or accruals (including obligations under capital leases) for any fixed assets or improvements or for replacements,
substitutions or additions thereto, that have a useful life of more than one year and that are required to be capitalized under
GAAP.

 

“Cash Flow From
Operations” means cash flow from operations of Initial Borrower and Included Subsidiaries as determined in accordance
with GAAP.

 

“Cash Flow Recapture
Requirement” has the meaning given to such term in Section 3.7

 

“Change of Control”
means any event, transaction or occurrence as a result of which Initial Borrower ceases to have the power, alone or in conjunction
with others, directly or indirectly, through voting securities, by contract or otherwise, to direct or cause the direction of a
Guarantor’s management and policies.

 

“Change of Management”
means Robert W. D’Loren shall no longer have the duties of the Chairman of the Board of Directors of Initial Borrower.

 

“Charges”
means all federal, state, county, city, municipal, local, foreign or other governmental taxes (including taxes owed to PBGC at
the time due and payable), levies, customs or other duties, assessments, charges, liens, and all additional charges, interest,
penalties, expenses, claims or encumbrances upon or relating to (a) the Collateral, (b) the Obligations, (c) the employees, payroll,
income or gross receipts of a Credit Party, (d) the ownership or use of any assets by a Credit Party, or (e) any other aspect of
a Credit Party’s business.

 

“Chattel Paper”
means all “chattel paper,” as such term is defined in the UCC, now owned or hereafter acquired by any Person.

 

“Collateral”
has the meaning given to such term in Section 10.1.

 

“Commitment”
means, for each Lender, the sum of such Lender’s Revolving Loan Commitment and Term Loan Commitment.

 

“Commitment Percentage”
means, as to any Lender, the percentage equivalent of such Lender’s Revolving Loan Commitment or Term Loan Commitment, divided
by the Aggregate Revolving Loan Commitment or Aggregate Term Loan Commitment, as applicable; provided that after the Term Loans
have been funded, Commitment Percentages shall be determined for the Term Loans by reference to the outstanding principal balances
thereof as of any date of determination rather than the Commitments therefor; provided, further, that following acceleration of
the Loans, such term means, as to any Lender, the percentage equivalent of the principal amount of the Loans held by such Lender,
divided by the aggregate principal amount of the Loans held by all Lenders.

 

    	 	5	 

     

    

 

“Compliance Certificate”
means a compliance certificate substantially in the form of Exhibit C hereto.

 

“Contracts”
means all the contracts, undertakings, or agreements (other than rights evidenced by Chattel Paper, Documents or Instruments) in
or under which any Person may now or hereafter have any right, title or interest, including any agreement relating to the terms
of payment or the terms of performance of any Account.

 

“Contractual Obligation”
means as to any Person, any provision of any security issued by such Person or of any agreement, instrument, or other undertaking
to which such Person is a party or by which it or any of its property is bound.

 

“Credit Parties”
means each Borrower, each Guarantor and each other Person (other than Agent and any Lender) that is or may become a party to this
Agreement or any other Loan Document.

 

“C Wonder”
means C Wonder Licensing, LLC, a Delaware limited liability company.

 

“Default”
means any act or event which, with the giving of notice or passage of time or both, would unless cured or waived become an Event
of Default.

 

“Default Rate”
means the sum of (a) the Interest Rate in effect from time to time as respects each Loan and (b) two percent (2.00%).

 

“Deposit Accounts”
means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of any Person.

 

“Determination Time”
means 12:00 noon (or any later time determined by Agent in its sole discretion), New York City time, of a Business Day that is
three (3) Business Days prior to the date of the applicable Loan.

 

“Disclosure Schedules”
means the Disclosure Schedules prepared by Borrowers and denominated as Disclosure Schedules 7.2 through 9(e) in the Index of Exhibits
and Schedules to this Agreement.

 

“Dollars”,
“dollars” and “$” each mean the lawful money of the United States of America.

 

“Documents”
means all “documents,” as such term is defined in the UCC, now owned or hereafter acquired by any Person, wherever
located, including all bills of lading, dock warrants, dock receipts, warehouse receipts, and other documents of title, whether
negotiable or non-negotiable.

 

    	 	6	 

     

    

 

“Early Termination
Fee” means an amount equal to the principal amount of any Term Loan or any Incremental Term Loan being prepaid, multiplied
by: (i) two percent (2.00%) if any of Term Loan B or any Incremental Term Loan (voluntarily by Borrowers, upon Default or
otherwise) is prepaid on or before the second anniversary of the later of the Effective Date or the date such Incremental Term
Loan was made, as applicable; (ii) one percent (1.00%) if any of Term Loan A (voluntarily by Borrowers, upon Default or otherwise)
is prepaid on or before the second anniversary of the Effective Date; (iii) one percent (1.00%) if any of Term Loan B or any Incremental
Term Loan is prepaid (voluntarily by Borrowers, upon Default or otherwise) after the second anniversary of the later of the Effective
Date or such Incremental Term Loan was made, as applicable, but on or before the third anniversary of such date; (iv) one half
of one percent (0.50%) if any of Term Loan A is prepaid (voluntarily by Borrowers, upon Default or otherwise) after the second
anniversary of the Effective Date, but on or before the third anniversary of such date; or (v) zero percent (0.00%), if any Term
Loan or any Incremental Term Loan is prepaid (voluntarily by Borrowers, upon Default or otherwise) after the third anniversary
of the later of the Effective Date or the date such Incremental Term Loan was made, as applicable.

 

“EBITDA”
means, for the applicable period, for a Person, an amount equal to (a) Net Income for Initial Borrower and the Included Subsidiaries
on a consolidated basis for such period, minus, (b) to the extent included in calculating Net Income for Initial Borrower
and the Included Subsidiaries on a consolidated basis, the sum of, without duplication, (i) interest income (whether cash or non-cash)
for such period, (ii) income tax credits for such period, (iii) gain from extraordinary or non-recurring items for such
period (including, without limitation, non-cash items related to purchase accounting) and (iv) deferred compensation payments (regardless
of when accrued), plus (c) the following to the extent deducted in calculating such Net Income, (i) interest charges
for such period, (ii) the provision for all federal, state, local and foreign taxes payable for such period and the amount
of payments permitted pursuant to Section 9(h)(ii) deducted in calculating Net Income, (iii) the amount of depreciation
and amortization expense for such period, (iv) the transaction fees, costs and expenses incurred in connection with (A) the negotiation
and execution of this Agreement and the other Loan Documents and any amendments thereto and (B) Permitted Acquisitions, (v) all
other extraordinary or non-recurring non-cash charges (including, without limitation, non-cash items related to purchase accounting),
(vi) deferred management salaries (accrued but not paid) and (vii) all non-cash compensation (including without limitation, stock
or equity compensation) in such period

 

“Effective Date”
means the Business Day on which the conditions precedent set forth in Article VI have been satisfied or specifically waived in
writing by Agent.

 

“Environmental Laws”
means all federal, state and local laws, statutes, ordinances and regulations, now or hereafter in effect, and in each case as
amended or supplemented from time to time, and any applicable judicial or administrative interpretation thereof relating to the
regulation and protection of human health, safety, the environment and natural resources (including ambient air, surface water,
groundwater, wetlands, land surface or subsurface strata, wildlife, aquatic species and vegetation).

 

“Environmental Liabilities”
means all liabilities, obligations, responsibilities, remedial actions, removal costs, losses, damages of whatever nature, costs
and expenses (including all reasonable fees, disbursements and expenses of counsel, experts and consultants and costs of investigation
and feasibility studies), fines, penalties, sanctions and interest incurred as a result of any claim, suit, action or demand of
whatever nature by any Person, and which relate to any health or safety condition regulated under any Environmental Law, environmental
permits or in connection with any Release, threatened Release, or the presence of a Hazardous Material.

 

    	 	7	 

     

    

 

“Equipment”
means all “equipment” as such term is defined in the UCC, now owned or hereafter acquired by any Person, wherever located.

 

“Equity Interests”
means all certificated and uncertificated shares, options, warrants, membership interests, general or limited partnership interests,
participation or other equivalents (regardless of how designated) of or in a corporation, partnership, limited liability company
or equivalent entity whether voting or nonvoting, including common Equity Interests, preferred Equity Interests, or any other “equity
security” (as such term is defined in Rule 3a11-1 of the General Rules and Regulations promulgated by the Securities and
Exchange Commission under the Securities Exchange Act of 1934).

 

“Equity Interests
Holder” means, as respects each Person, each holder of Equity Interests of such Person.

 

“ERISA”
means the Employee Retirement Income Security Act of 1974 (or any successor legislation thereto), as amended from time to time,
and any regulations promulgated thereunder.

 

“ERISA Event”
means (a) any “reportable event”, as defined in Section 4043 of ERISA or the regulations issued thereunder with respect
to a Plan (other than an event for which the 30-day notice period is waived); (b) the existence with respect to any Plan of an
“accumulated funding deficiency” (as defined in Section 412 of the IRC or Section 302 of ERISA), whether or not waived;
(c) the filing pursuant to Section 412(b) of the IRC or Section 303(d) of ERISA of an application for a waiver of the minimum
funding standard with respect to any Plan; (d) the incurrence by any Credit Party of any liability under Title IV of ERISA with
respect to the termination of any Plan; (e) the receipt by any Credit Party from the PBGC or a plan administrator of any notice
relating to an intention to terminate any Plan or to appoint a trustee to administer any Plan; (f) the incurrence by any Credit
Party of any liability with respect to any withdrawal or partial withdrawal from any Plan or Multiemployer Plan; or (g) the receipt
by any Credit Party of any notice, or the receipt by any Multiemployer Plan from any Credit Party of any notice, concerning the
imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization,
within the meaning of Title IV of ERISA.

 

“Event of Default”
has the meaning given to such term in Section 12.1.

 

“Excess Cash Flow”
means (without duplication), for any fiscal period, Cash Flow from Operations before any distributions permitted pursuant to Section 9(h)(iii)
for such period less (a) Capital Expenditures not made through the incurrence of Indebtedness less (b) all cash principal (including
indebtedness owed to Lenders) paid or payable during such period less (c) all Pass Thru Distributions made during such period.

 

    	 	8	 

     

    

 

“Excluded Equity
Interests” means any (a) Equity Interests of Excluded Subsidiaries and (b) an voting Equity Interests in excess of 65%
of the outstanding voting stock of any Foreign Subsidiary. For the purposes of this definition, “voting Equity Interests”
means, with respect to any issuer, the issued and outstanding shares of each class of Equity Interests of such issuer entitled
to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).

 

“Excluded Subsidiary”
means (a) a Subsidiary formed by a Credit Party after the Effective Date solely to effectuate an Acquisition and such Acquisition
has not yet been consummated, (b) a Subsidiary formed or acquired by a Credit Party after the Effective Date in connection with
an Acquisition consummated with or without Outside Financing (but not with the proceeds of a Loan) and (c) Tribe Cosmetics LLC
and Xcel Acquisition Co., LLC.

 

“Excluded Tax”
means: (a) Taxes measured by net income (including branch profit Taxes) and franchise Taxes imposed in lieu of net income Taxes,
in each case (i) imposed on Agent, any Lender or LC Issuer as a result of being organized under the laws of, or having its principal
office or its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or
(ii) that are Other Connection Taxes; (b) in the case of a Lender, United States federal withholding Taxes to the extent that the
obligation to withhold amounts existed on the date that such Person became a Lender under this Agreement, except to the extent
that, pursuant to Section 3.9, amounts with respect to such Taxes were payable to such Lender’s assignor immediately
before such Lender became a party hereto; (c) any United States federal withholding Taxes imposed under FATCA; and (d) any United
States federal withholding Taxes attributable to a Lender’s failure to comply with Section 3.9(f).

 

“Existing Loan Agreement”
has the meaning given to such term in the Background Section to this Agreement.

 

“FATCA”
means Sections 1471, 1472, 1473 and 1474 of the IRC, as of the date of this Agreement (or any amended or successor version that
is substantively comparable and not materially more onerous to comply with), current or future United States Treasury Regulations
promulgated thereunder and published guidance with respect thereto, and any agreements entered into pursuant to Section 1471(b)(1)
of the IRC.

 

“Financial Statements”
means income statement, balance sheet and statement of cash flows of (a) Initial Borrower and the Included Subsidiaries, internally
prepared for each Fiscal Quarter, (b) Initial Borrower and its Subsidiaries, internally prepared for each Fiscal Quarter and (c)
Initial Borrower and its Subsidiaries, audited each Fiscal Year, in each case prepared in accordance with GAAP.

 

“Fiscal Month”
means any of the monthly accounting periods of each Credit Party.

 

“Fiscal Quarter”
means any of the quarterly accounting periods of each Credit Party.

 

“Fiscal Year”
means the 12 month period of each Credit Party ending on December 31 of each year. Subsequent changes of the Fiscal Year of each
Credit Party shall not change the term “Fiscal Year” unless Agent shall consent in writing to such change.

 

    	 	9	 

     

    

 

“Fixed Charge Coverage
Ratio” means for any period, as respects any Person, the ratio of (a) EBITDA of such Person for such period plus (minus)
the aggregate increases (decreases) in cash, accounts receivable, inventory, prepaid expenses, accounts payables and accrued expenses
as reported in the for such period on the cash flow statement of Initial Borrower and the Included Subsidiaries (with the exception
of changes in other current assets, changes in other current liabilities and changes in other liabilities) to (b) the Fixed Charges
for such period.

 

“Fixed Charges”
means for any period, as respects any Person, the sum of (a) the cash interest expense on Indebtedness of such Person for such
period, (b) the principal amount of total Indebtedness of such Person having a scheduled due date during such period other than
any such amounts payable in Equity Interests, (c) unfinanced Capital Expenditures, (d) all federal, state, local and foreign taxes
paid during such period, (e) all other cash distributions or dividends made by such Person and (e) the net amounts paid for redemptions
of Equity Interests after giving effect to tax benefits.

 

“Fixed Rate Term
Loan A” means 5.1%.

 

“Fixed Rate Term
Loan B” means 6.25%.

 

“Fixed Rate Loan”
means those Loans bearing interest based upon Fixed Rate Term Loan A or Fixed Rate Term Loan B.

 

“Foreign Subsidiary”
means, with respect to any Person, a Subsidiary of such Person that is a “controlled foreign corporation” under Section
957 of the IRC.

 

“GAAP”
means generally accepted accounting principles, practices and procedures in effect from time to time in the United States of America.

 

“General Intangibles”
means all “general intangibles” as such term is defined in the UCC, now owned or hereafter acquired by any Person including
all right, title and interest which such Person may now or hereafter have in or under any Contract, all Payment Intangibles, customer
lists, Licenses, Intellectual Property, interests in partnerships, joint ventures and other business associations, permits, proprietary
or confidential information, inventions (whether or not patented or patentable), technical information, procedures, designs, knowledge,
know-how, Software, data bases, data, skill, expertise, experience, processes, models, drawings, materials, Books and Records,
Goodwill (including the Goodwill associated with any Intellectual Property), all rights and claims in or under insurance policies
(including insurance for fire, damage, loss, and casualty, whether covering personal property, real property, tangible rights or
intangible rights, all liability, life, key-person, and business interruption insurance, and all unearned premiums), uncertificated
securities, choses in action, deposit accounts, rights to receive tax refunds and other payments, rights to receive dividends,
distributions, cash Instruments and other property in respect of or in exchange for pledged Equity Interests and Investment Property,
and rights of indemnification.

 

“GMR”
means guaranteed minimum royalties.

 

    	 	10	 

     

    

 

“Goods”
means all “goods”, as such term is defined in the UCC, now owned or hereafter acquired by any Person, wherever located,
including embedded software to the extent included in “goods” as defined in the UCC.

 

“Goodwill”
means all goodwill, trade secrets, proprietary or confidential information, technical information, procedures, formulae, quality
control standards, designs, operating and training manuals, customer lists, and distribution agreements now owned or hereafter
acquired by any Person.

 

“Governmental Authority”
means any nation or government, any state or other political subdivision thereof, and any agency, department or other entity exercising
executive, taxing, legislative, judicial, regulatory or administrative functions of or pertaining to government.

 

“Guaranteed Indebtedness”
means, as to any Person, any obligation of such Person guaranteeing any indebtedness, lease, dividend, or other obligation (“primary
obligations”) of any other Person (the “primary obligor”) in any manner, including any obligation or arrangement
of such guaranteeing Person (whether or not contingent): (i) to purchase or repurchase any such primary obligation; (ii) to
advance or supply funds (a) for the purchase or payment of any such primary obligation or (b) to maintain working capital or equity
capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet condition of the primary
obligor; (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary
obligation of the ability of the primary obligor to make payment of such primary obligation; or (iv) to indemnify the owner
of such primary obligation against loss in respect thereof.

 

“Guarantor”
means IM Brands, JR Licensing, H Licensing, C Wonder, Xcel Design, JR Jewelry, H Heritage, Xcel-CT and each other Person which
guarantees or supports the Obligations of any Borrower to Lenders in connection with the transactions contemplated by this Agreement.

 

“Guaranty”
means any agreement to perform all or any portion of the Obligations on behalf of any Borrower, in favor of, and in form and substance
satisfactory to Agent, together with all amendments, modifications and supplements thereto, and shall refer to such Guaranty as
the same may be in effect at the time such reference becomes operative.

 

“Hazardous Material”
means any substance, material or waste which is regulated by or forms the basis of liability now or hereafter under, any Environmental
Laws, including any material or substance which is (a) defined as a “solid waste,” “hazardous waste,” “hazardous
material,” “hazardous substance,” “extremely hazardous waste,” “restricted hazardous waste,”
“pollutant,” “contaminant,” “hazardous constituent,” “special waste,” “toxic
substance” or other similar term or phrase under any Environmental Laws, (b) petroleum or any fraction or by-product thereof,
asbestos, polychlorinated biphenyls (PCB’s), or any radioactive substance.

 

“Hazardous Waste”
has the meaning given to such term in the Resource Conservation and Recovery Act (42 U.S.C. §§ 6901 et. seq.).

 

    	 	11	 

     

    

 

“H Heritage”
means the Heritage Licensing, LLC, a Delaware limited liability company.

 

“H Heritage Acquisition”
means the acquisition by H Heritage of the assets of The H Company IP, LLC pursuant to the H Heritage Purchase Agreement.

 

“H Heritage Purchase
Agreement” means the Asset Purchase Agreement dated as of the Effective Date among Initial Borrower, H Heritage, The
H Company IP, LLC and House of Halston, LLC.

 

“H Licensing”
means H Licensing, LLC, a Delaware limited liability company.

 

“IM Brands”
means IM Brands, LLC, a Delaware limited liability company.

 

“Impacted Lender”
means any Lender that fails to provide Agent, within three (3) Business Days following Agent’s written requests, satisfactory
assurance that such Lender will not become a Non-Funding Lender.

 

“IMNY Retail”
means IMNY Retail Management, LLC, a Delaware limited liability company.

 

“Included Subsidiary”
means a Subsidiary of Initial Borrower that is a party to this Agreement on the Effective Date or that becomes a party to this
Agreement after the Effective Date.

 

“Incremental Term
Loan” has the meaning given to such term in Section 2.3.

 

“Incremental Term
Loan Effective Date” has the meaning given to such term in Section 2.3.

 

“Incremental Term
Loan Maturity Date” shall mean the final maturity date of any Incremental Term Loan, as set forth in the applicable Term
Note.

 

“Indebtedness”
of any Person means: (i) all indebtedness of such Person for borrowed money or for the deferred purchase price of property
or services (including reimbursement and all other obligations with respect to surety bonds, letters of credit and bankers’
acceptances, whether or not matured, but not including obligations to trade creditors incurred in the ordinary course of business
and not more than 90 days past due); (ii) all obligations evidenced by notes, bonds, debentures or similar instruments; (iii) all
indebtedness created or arising under any conditional sale or other title retention agreements with respect to property acquired
by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited
to repossession or sale of such property); (iv) all obligations under capital leases; (v) all Guaranteed Indebtedness;
(vi) all Indebtedness referred to in clauses (i), (ii), (iii), (iv) or (v) above secured by (or for which the holder of such
Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien upon or in property (including accounts
and contract rights) owned by such Person, even though such Person has not assumed or become liable for the payment of such Indebtedness;
and (vii) the Obligations.

 

    	 	12	 

     

    

 

“Indemnified Person”
has the meaning given to such term in Section 14.3(b).

 

“Indemnified Tax”
means (a) any Tax other than an Excluded Tax and (b) to the extent not otherwise described in clause (a), Other Taxes.

 

“Initial Borrower”
has the meaning given to such term in the preamble to this Agreement.

 

“Instruments”
means all “instruments”, as such term is defined in the UCC, now owned or hereafter acquired by any Person, wherever
located, including all certificated securities and all notes and other evidences of indebtedness, other than instruments that constitute,
or are a part of a group of writings that constitute, Chattel Paper.

 

“Intellectual Property”
means any and all Licenses, patents, patent registrations, copyrights, copyright registrations, trademarks, trademark registrations,
trade secrets, domain names, website addresses and customer lists.

 

“Intellectual Property
Security Agreement” means each Intellectual Property Security Agreement made in favor of Agent by each applicable Credit
Party.

 

“Intercreditor Agreement”
means any intercreditor and subordination agreement accepted by Agent from time to time with respect to Indebtedness of or Liens
on assets of any Credit Party.

 

“Interest Period”
means any term of one (1) day, one (1) week, one (1) to six (6), nine (9) or twelve (12) months or such other term as may be acceptable
to Agent in its discretion. Each Interest Period shall commence immediately at the end of the preceding Interest Period, if any.
If any Interest Period would otherwise come to an end on a day that is not a Business Day, its termination shall be postponed to
the next day that is a Business Day unless it would thereby terminate in the next calendar month. In such case, such Interest Period
shall terminate on the immediately preceding Business Day.

 

“Interest Rate”
means with respect to (a) Revolving Loans that are LIBOR Rate Loans, the sum of the LIBOR Rate plus the Applicable Margin for LIBOR
Rate Loans, (b) Revolving Loans that are Base Rate Loans, the sum of the Base Rate plus the Applicable Margin for Base Rate
Loans, (c) the Term Loan A, the Fixed Rate Term Loan A, (d) the Term Loan B, the Fixed Rate Term Loan B and (e) each Incremental
Term Loan, the interest rate set forth in the related Term Note.

 

“Inventory”
means all “inventory”, as such term is defined in the UCC, now or hereafter owned or acquired by any Person, wherever
located.

 

“Investment Property”
means all “investment property”, as such term is defined in the UCC, now owned or hereafter acquired by any Person,
wherever located.

 

“IRC”
and “IRS” means respectively, the Internal Revenue Code of 1986, as amended, and the Internal Revenue Service,
and any successors thereto.

 

    	 	13	 

     

    

 

“ISP”
means the International Standby Practices, International Chamber of Commerce Publication No. 590, as the same may be amended from
time to time.

 

“JR Indebtedness”
means the Indebtedness of Initial Borrower to Judith Ripka less the amount of Indebtedness owed by Judith Ripka to Initial Borrower.

 

“JR Jewelry”
means Judith Ripka Fine Jewelry, LLC, s Delaware limited liability company.

 

“JR Licensing”
means JR Licensing, LLC, a Delaware limited liability company.

 

“LC Issuer”
means Agent or other financial institution selected by Agent, in its discretion, to issue Letters of Credit pursuant to this Agreement.

 

“Lender”
has the meaning given to such term in the preamble to this Agreement.

 

“Letter of Credit”
and “L/C” means a letter of credit issued by an LC Issuer at the request of Borrowing Representative and on
behalf of a Borrower containing terms and conditions satisfactory to Agent, which letter of credit may either be a commercial letter
of credit or standby letter of credit.

 

“Letter of Credit
Fee” has the meaning given to such term in Schedule IV.

 

“Letter of Credit
Obligations” means all outstanding obligations (including all duty, freight, taxes, costs, insurance and any other charges
and expenses) incurred by any Lender, whether direct or indirect, contingent or otherwise, due or not due, in connection with the
issuance or guarantee by LC Issuer or any Lender of Letters of Credit all as further set forth in Schedule IV.

 

“Letter-of-Credit
Rights” has the meaning given to “letter-of-credit rights” as such term is defined in the UCC, now owned
or hereafter acquired by any Person, including rights to payment or performance under a letter of credit, whether or not such Person,
as beneficiary, has demanded or is at the time entitled to demand payment or performance.

 

“Leverage Ratio”
means at the date of determination thereof, the ratio of (a) Indebtedness excluding the JR Indebtedness to (b) EBITDA for the twelve
month period then ended.

 

“LIBOR Rate”
means for the applicable Interest Period, the rate per annum (carried out to the fifth decimal) equal to the rate determined by
Agent to be the offered rate on a page or service (whether provided by Bridge Telerate, Reuters, Bloomberg or any other service)
that displays an average Interest Settlement Rate as set by the ICE Benchmark Administration (ICE) (or the successor thereto if
the ICE is no longer making an Interest Settlement Rate available) for deposits in Dollars (for delivery on the first (1st) Business
Day of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London
time) two (2) Business Days prior to the first Business Day of such Interest Period. If Agent determines that the rate referenced
in the first sentence of this paragraph is not available, then “LIBOR Rate” will mean, as applicable to any Interest
Period, the rate determined (a) on the basis of the offered rates for deposits in Dollars with a term equivalent to such Interest
Period, which are offered by four major banks selected by Agent in the London interbank market at approximately 11:00 a.m. London
time, on the Business Day that is two (2) Business Days prior to the first (1st) Business Day of such Interest Period; or (b) by
applying such other recognized source of London Eurocurrency deposit rates as Lender may determine from time to time.

 

    	 	14	 

     

    

 

“LIBOR Rate Loans”
means those Loans bearing interest based upon the LIBOR Rate.

 

“License”
means any rights under any written agreement now or hereafter acquired by any Person to use any trademark, trademark registration,
copyright, copyright registration or invention for which a patent is in existence or other license of rights or interests now held
or hereafter acquired by any Person.

 

“Lien”
means any mortgage, security deed or deed of trust, pledge, hypothecation, assignment, deposit arrangement, lien, security interest,
charge, claim or encumbrance, or preference, priority or other security agreement or preferential arrangement of any kind or nature
whatsoever including any lease or other title retention agreement, any financing lease having substantially the same economic effect
as any of the foregoing, and the filing of, or agreement to give, any financing statement under the UCC or comparable law of any
jurisdiction.

 

“Life Insurance
Assignment” means an Assignment of Life Insurance Policy as Collateral executed by the owner and the beneficiary thereof,
in form and substance satisfactory to Agent, granting Agent for the benefit of Secured Parties a Lien on a Life Insurance Policy
to secure payment of the Obligations.

 

“Life Insurance
Policies” means collectively, the life insurance policies maintained by Credit Parties upon the lives of (a) Isaac Mizrahi
in the amount maintained by Credit Parties which may be reduced but in no event to an amount no less than the lesser of (i) outstanding
principal balance of the Term Loans and (ii) $15,000,000, (b) Judith Ripka in the amount maintained by Credit Parties but in no
event to an amount less than thirty percent (30%) of the outstanding principal balance of the Term Loans, (c) Cameron Silver in
the amount of $10,000,000 and (d) any other the spokespersons and key principals of each Credit Party as agreed to between Agent
and Borrowing Representative in amounts to be agreed upon between Agent and Credit Parties.

 

“Liquid Assets”
means (a) assets (which are unencumbered except as permitted pursuant to the terms of the Loan Documents) in the form of cash and
cash equivalents consisting of certificates of deposit and money market funds issued by a commercial bank having net assets of
not less than $500,000,000 less (b) the amount of any Liens thereon and any unsatisfied judgment, writ, order of attachment, levy
or garnishment entered or issued against Initial Borrower or any of the Included Subsidiaries.

 

“Litigation”
means any claim, lawsuit, litigation, investigation or proceeding of or before any arbitrator or Governmental Authority.

 

    	 	15	 

     

    

 

“Loan Documents”
means this Agreement, each Note, each Guaranty, each Power of Attorney, each Intellectual Property Security Agreement, the Pledge
Agreement, each Life Insurance Assignment, all documents, instruments and agreements relating to Letters of Credit and all other
documents, instruments and agreements now or hereafter executed and/or delivered in connection herewith or therewith.

 

“Loans”
means the Revolving Loan, Term Loan and all other extensions of credit hereunder or under any Loan Document.

 

“Margin Stock”
has the meaning given to such term in Section 7.8.

 

“Material Adverse
Effect” means a material adverse effect on (a) the condition, operations, assets or business of Credit Parties taken
as a whole, (b) Credit Parties taken as whole ability to pay or perform the Obligations in accordance with the terms hereof or
any Loan Document, (c) the value of the Collateral, the Liens on the Collateral or the priority of any such Lien or (d) the practical
realization of the benefits of Agent’s and Lenders’ rights and remedies under this Agreement and the Loan Documents.

 

“Material Contract”
means any (a) QVC Agreement, (b) any Revenue License or (c) any other contract to which any Credit Party is a party, in each case
the breach, nonperformance or cancellation of which could reasonably be expected to have a Material Adverse Effect.

 

“Maximum Legal Rate”
has the meaning given to such term in Section 5.1(a)(iv).

 

“Maximum Revolving
Amount” means an amount equal to an amount agreed upon among Borrowers and Lenders.

 

“Minimum Actionable
Amount” means $750,000.

 

“Multiemployer Plan”
means a “multiemployer plan,” as defined in Section 4001(a) (3) of ERISA, to which any Credit Party is making,
is obligated to make, has made or been obligated to make, contributions on behalf of participants who are or were employed by any
of them.

 

“Net Income”
means, for the applicable period, for Initial Borrower and the Included Subsidiaries on a consolidated basis, the net income (or
loss) after taxes for such period determined in accordance with GAAP, but excluding (a) any net income of minority-owned Subsidiaries
(except to the extent of net income distributed or representing a management fee or other similar fee), (c) unrealized gains or
losses due solely to fluctuations in currency values, (d) earnings (or losses) resulting from my revaluation or write-up or write-down
of assets and (e) unrealized gains or losses under all interest rate or currency forwards, options, swaps, caps or collar agreements,
foreign exchange agreements, commodity contracts or similar arrangements entered into by Initial Borrower or any Included Subsidiary
providing for protection against fluctuations in interest rates, currency exchange rates, commodity prices, or the exchange of
nominal interest obligations, either generally or under specific contingencies.

 

    	 	16	 

     

    

 

“Net Worth”
means as at any date of determination an amount equal to (a) all of the assets of Initial Borrower and the Included Subsidiaries
on a consolidated basis that, in accordance with GAAP, are properly classified as assets on such date minus (b) all liabilities
of Initial Borrower and the Included Subsidiaries on a consolidated basis that, in accordance with GAAP, are properly classified
as liabilities at such date plus (c) the amount of depreciation and amortization expenses and write downs of general intangibles
commencing with the Fiscal Quarter most recently preceding the Effective Date and ending on such date of determination.

 

“Non-Funding Lender”
means any Lender that has (a) failed to fund any payments required to be made by it under the Loan Documents within two (2) Business
Days after any such payment is due (excluding expense and similar reimbursements that are subject to good faith disputes), (b)
given written notice (and Agent has not received a revocation in writing), to a Borrower, Borrowing Representative, Agent, any
Lender, or LC Issuer or has otherwise publicly announced (and Agent has not received notice of a public retraction) that such Lender
believes it will fail to fund payments or purchases of participations required to be funded by it under the Loan Documents or one
or more other syndicated credit facilities, (c) failed to fund, and not cured, loans, participations, advances, or reimbursement
obligations under one or more other syndicated credit facilities, unless subject to a good faith dispute, or (d) (i) become subject
to a voluntary or involuntary case under the Bankruptcy Code or any similar bankruptcy laws, (ii) a custodian, conservator, receiver
or similar official appointed for it or any substantial part of such Person’s assets, or (iii) made a general assignment
for the benefit of creditors, been liquidated, or otherwise been adjudicated as, or determined by any Governmental Authority having
regulatory authority over such Person or its assets to be, insolvent or bankrupt, and for this clause (d), Agent has determined
that such Lender is reasonably likely to fail to fund any payments required to be made by it under the Loan Documents.

 

“Notes”
means the collective reference to the Revolving Loan Notes and the Term Notes.

 

“Obligations”
means the Banking Services Obligations, all Loans, all advances, debts, liabilities, obligations, covenants and duties owing by
any Credit Party to Agent or any Lender of every kind and description (whether or not evidenced by any note or other instrument
and whether or not for the payment of money or the performance or non-performance of any act), direct or indirect, absolute or
contingent, due or to become due, contractual or tortious, liquidated or unliquidated, whether existing by operation of law or
otherwise now existing or hereafter arising under this Agreement or any other Loan Document, including all interest (including
interest accruing at the then applicable rate provided in this Agreement after the maturity of the Loans and interest accruing
at the then applicable rate provided in this Agreement after the filing of any petition in bankruptcy, or the commencement of any
insolvency, reorganization or like proceeding, whether or not a claim for post-filing or post-petition interest is allowed in such
proceeding), charges or any other payments any Credit Party is required to make by law or otherwise arising under or as a result
of this Agreement or any other Loan Document.

 

“OFAC”
means the Office of Foreign Assets Control of the United States Department of the Treasury.

 

    	 	17	 

     

    

 

“Other Connection
Taxes” means Taxes imposed as a result of a present or former connection between Agent, any Lender or LC Issuer and the
jurisdiction imposing such Tax, other than any such connection arising solely from Agent, such Lender or LC Issuer having executed,
delivered, become a party to, performed its obligations or received a payment under, received or perfected as a security interest
under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan
or Loan Document.

 

“Other Lender”
has the meaning given to such term in Section 4.4.

 

“Other Taxes”
has the meaning given to such term in Section 3.9.

 

“Outside Financing”
means financing obtained by an Excluded Subsidiary from a Person other than Lenders provided that Borrowers have complied with
Section 7.23 of this Agreement.

 

“Participant Register”
has the meaning given to such term in Section 14.12(g).

 

“Pass Thru Distributions”
mean dividends declared and paid by a Credit Party to its Equity Interests Holders, or which could have been declared and paid
by a Credit Party, in an amount not to exceed the Pass Thru Tax Liabilities.

 

“Pass Thru Tax Liabilities”
means the amount of state and federal income tax paid or to be paid by a Credit Party’s Equity Interest Holders on taxable
income earned by such Credit Party and attributable to the Equity Interest Holders as a result of such Credit Party’s status
as a disregarded entity for tax purposes, assuming the highest marginal income tax rate for federal and state (for the state or
states in which any Equity Interest Holder is liable for income taxes with respect to such income) income tax purposes, after taking
into account any deduction for state income taxes in calculating the federal income tax liability and all other deductions, credits,
deferrals and other reductions available to Equity Interest Holders from or through a Credit Party.

 

“Patriot Act”
has the meaning given to such term in Section 14.25.

 

“Payment Intangible”
has the meaning give to the term “payment intangible” in the UCC and in any event shall include, a General Intangible
under which the Account Debtor’s principal obligation is a monetary obligation.

 

“Payment Office”
means 1177 Avenue of the Americans, New York, New York 10036 or such other place as Agent may from time to time designate in writing.

 

“PBGC”
means the Pension Benefit Guaranty Corporation or any successor thereto.

 

“Permitted Acquisition”
means any Acquisition by (a) a Credit Party of Intellectual Property assets of a Target or (b) a Credit Party of more than 50%
of the Equity Interests of a Target organized under the laws of any State in the United States causing such Target to become a
Subsidiary of such Credit Party, in each case, to the extent (i) not hostile and approved by the board of directors (or similar
body) and/or the Equity Interest Holders of the Target and (ii) that each of the following conditions shall have been satisfied:
(A) Agent shall have received the Acquisition Documentation relating thereto; and (B) no Default or Event of Default shall then
exist or would exist after giving effect thereto; and (iv) Agent and Required Lenders shall have approved such Acquisition and
any new Subsidiary has satisfied the requirements of Section 7.25.

 

    	 	18	 

     

    

 

“Permitted Liens”
means the following Liens: (a) Liens for Charges, either not yet due and payable or to the extent that nonpayment thereof is permitted
by the terms of Section 7.10; (b) pledges or deposits securing obligations under worker’s compensation, unemployment
insurance, social security or public liability laws or similar legislation; (c) pledges or deposits securing bids, tenders,
contracts (other than contracts for the payment of money), leases to which any Credit Party is a party as lessee, surety and appeal
bonds, performance bonds and other obligations of a like nature incurred or made in the ordinary course of business; (d) deposits
securing public or statutory obligations of any Credit Party; (e) inchoate and unperfected workers’, mechanics’,
or similar liens arising in the ordinary course of business so long as such Liens attach only to Equipment, fixtures or real estate;
(f) carriers’, warehousemen’s, suppliers’ or other similar possessory liens arising in the ordinary course
of business and securing indebtedness not yet due and payable; (g) deposits of money securing, or in lieu of, surety, appeal
or customs bonds in proceedings to which any Credit Party is a party; (h) Purchase Money Liens securing Purchase Money Indebtedness
(or rent) to the extent permitted under this Agreement; (i) Liens in existence on the Effective Date as disclosed on Disclosure
Schedule 9(e) provided that no such Lien is spread to cover additional property after the Effective Date and the amount of
Indebtedness secured thereby is not increased; (j) the interests of non-exclusive licensees under license agreement entered into
in the ordinary course of business; (k) Liens in favor of Agent for the benefit of Secured Parties securing the Obligations;
and (l) easements, rights-of-way, restrictions and other similar encumbrances incurred in the ordinary course of business that
do not materially interfere with the ordinary conduct of the business of Credit Parties.

 

“Person”
means any individual, sole proprietorship, partnership, limited liability partnership, joint venture, trust, unincorporated organization,
association, corporation, limited liability company, institution, public benefit corporation, entity or government (whether federal,
state, county, city, municipal or otherwise, including any instrumentality, division, agency, body or department thereof), and
shall include such Person’s successors and assigns.

 

“Plan”
means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title III of ERISA or Section
412 of the IRC or Section 302 of ERISA, and in respect of which a Credit Party is (or, if such plan were terminated, would under
Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

 

    	 	19	 

     

    

 

“Proceeds”
means “proceeds”, as such term is defined in the UCC and, in any event, shall include: (a) any and all proceeds of
any insurance, indemnity, warranty or guaranty payable to any Credit Party or any other Person from time to time with respect to
any Collateral; (b) any and all payments (in any form whatsoever) made or due and payable to a Credit Party from time to time in
connection with any requisition, confiscation, condemnation, seizure or forfeiture of any Collateral by any governmental body,
governmental authority, bureau or agency (or any person acting under color of governmental authority); (c) any claim of a Credit
Party against third parties (i) for past, present or future infringement of any Intellectual Property or (ii) for past, present
or future infringement or dilution of any trademark or trademark license or for injury to the goodwill associated with any trademark,
trademark registration or trademark licensed under any trademark License; (d) any recoveries by a Credit Party against third parties
with respect to any litigation or dispute concerning any Collateral, including claims arising out of the loss or nonconformity
of, interference with the use of, defects in, or infringement of rights in, or damage to, Collateral; (e) all amounts collected
on, or distributed on account of, other Collateral, including dividends, interest, distributions and Instruments with respect to
Investment Property and pledged Equity Interests; and (f) any and all other amounts , rights to payment or other property acquired
upon the sale, lease, license, exchange or other disposition of Collateral and all rights arising out of Collateral.

 

“Purchase Money
Indebtedness” means (a) any Indebtedness incurred for the payment of all or any part of the purchase price of any fixed
asset, (b) any Indebtedness incurred for the sole purpose of financing or refinancing all or any part of the purchase price of
any fixed asset, and (c) any renewals, extensions or refinancings thereof (but not any increases in the principal amounts thereof
outstanding at that time).

 

“Purchase Money
Lien” means any Lien upon any fixed assets which secures the Purchase Money Indebtedness related thereto but only if
such Lien shall at all times be confined solely to the asset the purchase price of which was financed or refinanced through the
incurrence of the Purchase Money Indebtedness secured by such Lien and only if such Lien secures only such Purchase Money Indebtedness.

 

“Quarterly Royalty
Collections Report” means a report substantially in the form of Exhibit E hereto.

 

“QVC Agreements”
means collectively, (a) the Second Amended and Restated Agreement and Consent to Assignment dated as of September 28, 2011 among
QVC, Inc., IM Brands, Initial Borrower and Isaac Mizrahi, (b) the License Agreement dated as of April 1, 2014 among QVC, Inc.,
JR Licensing, Initial Borrower, Judith Ripka Berk and Beth Vogel, (c) the License Agreement dated as of December 22, 2014 among
QVC, Inc., H Licensing and Initial Borrower and (d) any other agreement between a Credit Party (other than the Initial Borrower
relating to a transaction with an Excluded Subsidiary) and QVC, Inc. which is a Revenue License, in each case as amended to the
Effective Date and as further amended, supplemented, restated or otherwise modified from time to time.

 

“Real Property”
has the meaning given to such term in Section 7.6.

 

“Release”
means, as to any Person, any release, spill, emission, leaking, pumping, injection, deposit, disposal, discharge, dispersal, dumping,
leaching or migration of Hazardous Materials in the indoor or outdoor environment by such Person, including the movement of Hazardous
Materials through or in the air, soil, surface water, ground water or property.

 

“Register”
has the meaning assigned to such term in Section 4.3(b).

 

    	 	20	 

     

    

 

“Related Person”
means with respect to any Person, each Affiliate of such Person and each director, officer, employee, agent, trustee, representative,
attorney, accountant and each advisor and other consultants of such Person.

 

“Replacement Lender”
has the meaning assigned to such term in Section 14.14.

 

“Required Lenders”
means at any time (a) Lenders then holding more than fifty percent (50%) of the sum of the Aggregate Revolving Loan Commitment
then in effect plus the aggregate unpaid principal balance of the Term Loans then outstanding, or (b) if the Aggregate Revolving
Loan Commitments have terminated, Lenders then holding more than fifty percent (50%) of the sum of the aggregate unpaid principal
amount of Loans then outstanding and outstanding Letter of Credit Obligations.

 

“Required Revolving
Lenders” means at any time (a) Lenders then holding more than fifty percent (50%) of the sum of the Aggregate Revolving
Loan Commitments then in effect, or (b) if the Aggregate Revolving Loan Commitments have terminated, Lenders then holding more
than fifty percent (50%) of the sum of the aggregate outstanding amount of Revolving Loans and outstanding Letter of Credit Obligations.

 

“Requirement of
Law” means as to any Person, any law, treaty, rule or regulation or determination of an arbitrator or a court or other
Governmental Authority, in each case binding upon such Person or any of its property or to which such Person or any of its property
is subject.

 

“Restricted Payment”
means: (a) the declaration or payment of any dividend or the incurrence of any liability to make any other payment or distribution
of cash or other property or assets on or in respect of Credit Party’s Equity Interests; (b) any payment or distribution
made in respect of any Subordinated Debt of any Credit Party in violation of any subordination or other agreement made in favor
of Lenders; (c) any payment on account of the purchase, redemption, defeasance or other retirement of any Credit Party’s
Equity Interests or Indebtedness or any other payment or distribution made in respect of any thereof, either directly or indirectly;
or (d) any payment, loan, contribution, or other transfer of funds or other property to any Equity Interests Holder of such Person
which is not expressly and specifically permitted in this Agreement; provided, that no payment to Agent or any Lender shall constitute
a Restricted Payment.

 

“Revenue License”
means each License pursuant to which a Credit Party is entitled to receive revenue from the licensee party thereto.

 

“Revolving Lender”
means each Lender with a Revolving Loan Commitment (or if the Revolving Loan Commitments have terminated, who hold Revolving Loans
or participations in Letter of Credit Obligations).

 

“Revolving Loan”
shall have the meaning given to such term in Section 2.1(a).

 

“Revolving Loan
Availability Period” means the period starting on a date agreed to between Borrowers and Revolving Lenders and ending
on the Revolving Loan Maturity Date, subject to earlier termination after the occurrence of an Event of Default.

 

    	 	21	 

     

    

 

“Revolving Loan
Commitment” means, with respect to each Lender, the amount set forth opposite such Lender’s name in Schedule
V under the heading “Revolving Loan Commitment” as the same may be adjusted from time to time in accordance with
the terms of this Agreement.

 

“Revolving Loan
Maturity Date” means the date agreed to between Borrowers and Revolving Lenders as the Revolving Loan Maturity Date.

 

“Revolving Loan
Note” means each promissory note executed by a Borrower substantially in the form of Exhibit A.

 

“Sanctioned Country”
means, at any time, a country or territory which is the subject or target of any Sanctions.

 

“Sanctioned Person”
means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the OFAC or the U.S.
Department of State, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person controlled by any
such Person.

 

“Sanctions”
means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government,
including those administered by the OFAC or the U.S. Department of State.

 

“SDN List”
has the meaning given to such term in Section 7.26.

 

“Secured Parties”
means Agent, each Lender, LC Issuer and each other holder of an Obligation.

 

“Settlement Date”
has the meaning given to such term in Section 4.4(b).

 

“Software”
means all “software” as such term is defined in the UCC, including all computer programs and all supporting information
provided in connection with a transaction related to any program.

 

“SPV”
means any special purpose funding vehicle identified as such in writing by any Lender to Agent.

 

“Subordinated Debt”
means any note, document, instrument or agreement now or any time hereafter executed and/or delivered by any Credit Party with
or in favor of any Subordinated Lender which evidences the principal, interest and other amounts owed by a Credit Party to such
Subordinated Lender.

 

“Subordinated Lender”
means any Person who enters into a Subordination Agreement with Agent with respect to amounts owed by any Credit Party to such
Person.

 

“Subordination Agreement”
means all subordination agreements accepted by Agent from time to time with respect to Subordinated Debt of any Credit Party.

 

    	 	22	 

     

    

 

“Subsidiary”
means, with respect to any Person, (i) any corporation of which an aggregate of more than 50% of the outstanding Equity Interests
having ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether, at the
time, Equity Interests of any other class or classes of such corporation has or might have voting power by reason of the happening
of any contingency) is at the time, directly or indirectly, owned legally or beneficially by such Person and/or one or more Subsidiaries
of such Person, or with respect to which any such Person has the right to vote or designate the vote of 50% or more of such Equity
Interests whether by proxy, agreement, operation of law or otherwise, and (ii) any partnership or limited liability company
in which such Person or one or more Subsidiaries of such Person has an equity interest (whether in the form of voting or participation
in profits or capital contribution) of more than 50% or of which any such Person is a general partner or manager or may exercise
the powers of a general partner or manager.

 

“Supporting Obligations”
means all “supporting obligations” as such term is defined in the UCC, including Letter-of-Credit Rights or secondary
obligations that supports the payment or performance of Accounts, Chattel Paper, Documents, General Intangibles, Instruments, or
Investment Property.

 

“Target”
means any Person or business unit or asset group of any Person which is in the business of owning and licensing Intellectual Property
acquired or proposed to be acquired in an Acquisition.

 

“Taxes”
shall have the meaning given to such term in Section 3.9.

 

“Term”
means with respect to (a) the Term Loans, the Effective Date through the Term Loan Maturity Date, (b) each Incremental Term Loan,
the effective date of such Incremental Term Loan through the applicable Incremental Term Loan Maturity Date and (c) the Revolving
Loan and Letters of Credit, the Revolving Loan Availability Period, in each case, subject to acceleration upon the occurrence of
an Event of Default hereunder or other termination hereunder.

 

“Term Loans”
means the collective reference to Term Loan A and Term Loan B.

 

“Term Loan A”
means the loan in the amount specified in Section 2.2 as Term Loan A and any renewals, extensions, revisions, modifications
or replacements thereof.

 

“Term Loan B”
means the loan in the amount specified in Section 2.2 as Term Loan B and any renewals, extensions, revisions, modifications
or replacements thereof.

 

“Term Loan Commitments”
means the collective reference to the Term Loan A Commitment and the Term Loan B Commitment.

 

“Term Loan A Commitment”
means the amount set forth opposite such Lender’s name in Schedule V under the heading “Term Loan A Commitment”
as the same may be adjusted from time to time in accordance with this Agreement.

 

    	 	23	 

     

    

 

“Term Loan B Commitment”
means the amount set forth opposite such Lender’s name in Schedule V under the heading “Term Loan B Commitment”
as the same may be adjusted from time to time in accordance with this Agreement.

 

“Term Loan Maturity
Date” means December 31, 2023.

 

“Term Note A”
means each promissory note of a Borrowers substantially in the form of Exhibit B-1.

 

“Term Note B”
means each promissory note of a Borrowers substantially in the form of Exhibit B-2.

 

“Term Note”
means each of Term Note A and Term Note B.

 

“Termination Date”
means the date on which all Obligations under this Agreement are indefeasibly paid in full, in cash, and no Borrower shall have
any further right to borrow any moneys or obtain other Loans or financial accommodations under this Agreement.

 

“UCC”
means the Uniform Commercial Code as the same may, from time be in effect in the State of New York; provided, that in the event
that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of, or remedies with respect
to, Agent’s Lien on any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the
State of New York, the term “UCC” means the Uniform Commercial Code as in effect in such other jurisdiction for purposes
of the provisions of this Agreement relating to such attachment, perfection, priority or remedies and for purposes of definitions
related to such provisions.

 

“Withdrawal Liability”
means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms
are defined in Part I of Subtitle E of Title III of ERISA.

 

“Xcel-CT”
means Xcel-CT Mfg, LLC, a Delaware limited liability company.

 

“Xcel Design”
means Xcel Design Group, LLC, a Delaware limited liability company.

 

1.2          Accounting
Terms. Any accounting terms used in this Agreement which are not specifically defined shall have the meanings customarily given
them in accordance with GAAP and all financial computations shall be computed, unless specifically provided herein, in accordance
with GAAP consistently applied.

 

1.3          Other
Terms. All other terms used in this Agreement and defined in the UCC, shall have the meaning given therein unless otherwise
defined herein; provided that to the extent that UCC is used to define any term herein or in any Loan Document and such term is
defined differently in different Articles or Divisions of the UCC, the definition of such term contained in Article or Division
9 shall govern

 

    	 	24	 

     

    

 

1.4          Rules
of Construction. All Schedules, Addenda and Exhibits hereto or expressly identified to this Agreement are incorporated herein
by reference and taken together with this Agreement constitute but a single agreement. The words “herein”, hereof”
and “hereunder” or other words of similar import refer to this Agreement as a whole, including the Exhibits and Schedules
thereto, as the same may be from time to time amended, modified, restated or supplemented, and not to any particular section, subsection
or clause contained in this Agreement. Wherever from the context it appears appropriate, each term stated in either the singular
or plural shall include the singular and the plural, and pronouns stated in the masculine, feminine or neuter gender shall include
the masculine, the feminine and the neuter. The term “or” is not exclusive. The term “including” (or any
form thereof) shall not be limiting or exclusive. All references to statutes and related regulations shall include any amendments
of same and any successor statutes and regulations. All references in this Agreement or in the Schedules to this Agreement to sections,
schedules, disclosure schedules, exhibits, and attachments shall refer to the corresponding sections, schedules, disclosure schedules,
exhibits, and attachments of or to this Agreement. All references to any instruments or agreements, including references to any
of this Agreement or any of the other Loan Documents shall include any and all modifications or amendments thereto and any and
all extensions or renewals thereof.

 

2.           LOANS

 

2.1          Revolving
Loans.

 

(a)          Subject
to the terms and conditions set forth herein and in the Loan Documents, each Lender with a Revolving Loan Commitment, severally
and not jointly, shall make Revolving Loan (each, a “Revolving Loan”) to Borrowers solely to consummate a Permitted
Acquisition from time to time during the Revolving Loan Availability Period which, in the aggregate at any time outstanding, together
with all outstanding Letter of Credit Obligations, will not exceed such Revolving Lender’s Commitment Percentage of the Maximum
Revolving Amount.

 

(b)          The
Revolving Loan made by each Lender with a Revolving Loan Commitment will be evidenced by a Revolving Loan Note in an amount equal
to such Lender’s Revolving Loan Commitment and this Agreement. Such Revolving Loan Note shall be executed by each Borrower
prior to the making of the initial Revolving Loan.

 

(c)          If
any Borrower does not pay any interest, fees, costs or charges to Agent when due, Borrowers shall thereby be deemed to have requested,
and Agent is hereby authorized at its discretion to make a Revolving Loan as of such date in an amount equal to such unpaid interest,
fees, costs or charges.

 

    	 	25	 

     

    

  

(d)          If
any Credit Party at any time fails to perform or observe any of the covenants contained in this Agreement or any other Loan Document,
Agent may, but need not, perform or observe such covenant on behalf and in the name, place and stead of such Credit Party (or,
at Agent’s option, in Agent’s name) and may, but need not, take any and all other actions which Agent may deem necessary
to cure or correct such failure (including the payment of taxes, the satisfaction of Liens, the performance of obligations owed
to Account Debtors, lessors or other obligors, the procurement and maintenance of insurance, the execution of assignments, security
agreements and financing statements, and the endorsement of instruments). The amount of all monies expended and all reasonable
costs and expenses (including reasonable attorneys’ fees and legal expenses) incurred by Agent in connection with or as a
result of the performance or observance of such agreements or the taking of such action by Agent shall be deemed to be a Revolving
Loan and added to the Obligations. To facilitate Agent’s performance or observance of such covenants of Credit Parties, each
Credit Party hereby irrevocably appoints Agent, or Agent’s delegate, acting alone, as such Credit Party’s attorney
in fact (which appointment is coupled with an interest) with the right (but not the duty) from time to time to create, prepare,
complete, execute, deliver, endorse or file in the name and on behalf of such Credit Party any and all instruments, documents,
assignments, security agreements, financing statements, applications for insurance and other agreements and writings required to
be obtained, executed delivered or endorsed by such Credit Party.

 

(e)          During
Revolving Loan Availability Period, each Borrower may borrow, prepay and reborrow Revolving Loan, all in accordance with the terms
and conditions hereof.

 

(f)           Notwithstanding
anything to the contrary contained in this Agreement, LC Issuer shall have no obligation to issue any Letter of Credit or incur
Letter of Credit Obligations. In the event that LC Issuer does issue any Letter of Credit or incur Letter of Credit Obligations,
such issuance or incurrence would be subject to the terms and conditions of this Agreement, including Schedule IV.

 

2.2          Term
Loans. The outstanding principal amount of the term loan outstanding under the Existing Loan Agreement is $15,500,000. On the
Effective Date, each Lender will advance its Commitment Percentage of an additional term loan in the amount of $7,500,000. The
aggregate amount of the term loans in the amount of $22,000,000 shall be divided into two term loans. A term loan in the amount
of $7,250,000 (“Term Loan A”) and a term loan in the amount in the amount of $14,750,000 (“Term Loan
B”). Each Term Loan shall be held by each Lender in an amount equal to such Lender’s Commitment Percentage of the
respective Term Loan Commitment. The Term Loan A of each Lender with a Term Loan A Commitment shall be evidenced by, and repayable
in accordance with the terms of the Term Note A payable to such Lender in an amount equal to the Term Loan A Commitment held by
such Lender and this Agreement. The Term Loan B of each Lender with a Term Loan B Commitment shall be evidenced by, and repayable
in accordance with the terms of the Term Note B payable to such Lender in an amount equal to the Term Loan B Commitment held by
such Lender and this Agreement. Any principal amount repaid in respect of any Term Loan may not be reborrowed.

 

2.3          Incremental
Term Loans.

 

(a)          Borrowing
Representative may, by written notice to Agent from time to time, request that the outstanding principal amount of Revolving Loans
be converted to a term loan (each an “Incremental Term Loan”). Such notice shall set forth (i) the amount
of the Incremental Term Loan being requested (which shall be in minimum increments of $1,000,000 and a minimum amount of $5,000,000,
(ii) the date on which such Incremental Term Loan is requested to become effective (which shall not be less than ten (10)
Business Days nor more than sixty (60) days after the date of such notice) (the “Incremental Term Loan Effective Date”),
and (iii) the proposed Incremental Term Loan Maturity Date, which maturity date cannot be later than the Term Loan Maturity
Date, and amortization schedule of such Incremental Term Loan.

 

    	 	26	 

     

    

  

(b)          Each
Revolving Lender will be deemed to have made an Incremental Term Loan to Borrowers equal to its Commitment Percentage of the requested
Incremental Term Loan by converting the equivalent amount of the Revolving Loans into an Incremental Term Loan. Notwithstanding
the foregoing, no Incremental Term Loan shall become effective unless (i) on the date of such effectiveness, the conditions
set forth in Section 6.2 shall be satisfied and Agent shall have received a certificate to that effect dated such date
and executed by the Chief Financial Officer or Chief Executive Officer Borrowing Representative. Each Incremental Term Loan shall
be evidenced by a Term Note payable to each Lender that converts a Revolving Loan to an Interim Term Loan in an amount equal to
such Incremental Term Loan and having an amortization schedule as set forth in the request for such Incremental Term Loan.

 

3.           REPAYMENT
AND PREPAYMENTS

 

3.1          Intentionally
Omitted.

 

3.2          Repayment
of Revolving Loan. Borrowers shall be required to make a mandatory repayment hereunder at any time that the aggregate outstanding
principal balance of the Revolving Loan made by Lenders to Borrowers hereunder is in excess of the Maximum Revolving Amount, in
an amount equal to such excess. The Revolving Loan outstanding shall be due and payable on the Revolving Loan Maturity Date.

 

3.3          Repayment
of Term Loan. The Term Loan A and all accrued and unpaid interest thereon shall be repaid in accordance with the applicable
Term Note A. The Term Loan B and all accrued and unpaid interest thereon shall be repaid in accordance with applicable Term Note
B.

 

3.4          Repayment
of Incremental Term Loan. Each Incremental Term Loan and all accrued and unpaid interest thereon shall be repaid in accordance
with the Term Note delivered in connection with such Incremental Term Loan.

 

3.5          Timing
and Type of Payment. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Loan Document
shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds. The payment of any amounts
due under this Agreement or any other Loan Document shall be made in Dollars.

 

    	 	27	 

     

    

  

3.6          Voluntary
Prepayments. Borrowing Representative shall have the right, at any time upon thirty (30) day’s prior written notice to
Agent to (a) terminate voluntarily Borrowers’ right to receive or benefit from, and Revolving Lenders’ obligation to
make and to incur, Revolving Loans and Letter of Credit Obligations, (b) repay all outstanding Revolving Loans, Letter of Credit
Obligations and accrued and unpaid interest thereon or (b) cause Borrowers to prepay all or a portion of the Term Loans or Incremental
Term Loans, provided that any prepayment of less than all of the outstanding balance of the Term Loans or Incremental Term Loans
shall be applied to the remaining installments of the Term Loans or Incremental Term Loan pro rata in the inverse order of their
maturity. If any Term Loan or any Incremental Term Loan is prepaid on or prior to the third anniversary of the Effective Date (including
as a result of the occurrence of an Event of Default), Borrowers shall pay to such Lenders the applicable Early Termination Fee.
Each Borrower acknowledges and agrees that (i) it would be difficult or impractical to calculate Lenders’ actual damages
from early repayment of any Term Loan or Incremental Term Loan, (ii) the Early Termination Fee is intended to be fair and reasonable
approximations of such damages, and (iii) the Early Termination Fee is not intended to be a penalty.

 

3.7          Prepayment
Events.

 

(a)          If
for any Fiscal Year commencing with the fiscal year ending on December 31, 2017, there shall be Excess Cash Flow for such Fiscal
Year, Borrowers shall pay to Agent for the benefit of Lenders holding a portion of the Term Loans an amount equal to ten percent
(10%) of such Excess Cash Flow (the “Cash Flow Recapture Requirement”), to be applied to the principal amount
of the Term Loans pro rata in the reverse order of maturity. The Cash Flow Recapture Requirement for any such Fiscal Year shall
be received by Agent no later than the date that is seven (7) days after the delivery of the Financial Statements for such Fiscal
Year required pursuant to Section 8.1(b). The Cash Flow Recapture requirement shall be applied to the unpaid principal balance
of the Term Loans pro rata, and after the Term Loans have been paid in full, to the outstanding principal balance of the Incremental
Term Loans pro rata with any balance going to pay the outstanding principal balance of the Revolving Loan. Borrowers shall not
be required to pay an Early Termination Fee on any amount repaid due to the Cash Flow Recapture Requirement. To the extent applicable,
amounts prepaid shall be applied first to any Base Rate Loans then outstanding and then to outstanding LIBOR Rate Loans with the
shortest Interest Periods remaining. Together with each prepayment of a LIBOR Rate Loan or a Fixed Rate Loan, Borrowers shall pay
any amounts due and payable pursuant to Section 3.12.

 

(b)          Agent
shall have the right, at the cost and expense of Borrowers, to require the appraisal by an independent appraisal firm acceptable
to Agent of the trademarks of the Included Subsidiaries (i) to the extent that any appraisal previously prepared for the benefit
of Agent or Lenders is three (3) or more years old, (ii) at any time following the write down of a material amount of the value
of any of trademarks of the Included Subsidiaries taken as a whole and (iii) if Agent in its reasonable discretion believes that
the value of the trademarks of the Included Subsidiaries taken has a whole has been impaired in a material respect. If the amount
of the Loans exceeds fifty percent (50%) of the appraised value of the trademarks of the Included Subsidiaries taken as a whole,
Agent shall have the right to require that Borrowers reduce the amount of the Loans by such excess.

 

3.8          Application
of Payments. During the continuance of an Event of Default, Agent may, and, upon the direction of Required Lenders, shall apply
any and all payments received by Agent in respect of any Obligation in accordance with clauses first through sixth below. Notwithstanding
any provision herein to the contrary, all payments made by Credit Parties to Agent after any or all of the Obligations have been
accelerated (so long as such acceleration has not been rescinded), including proceeds of Collateral, shall be applied as follows:

 

    	 	28	 

     

    

  

first, to payment of costs
and expenses, including attorney fees and expenses, of Agent payable or reimbursable by the Credit Parties under the Loan Documents;

 

second, to payment of costs
and expenses of Lenders payable or reimbursable by Borrowers under this Agreement;

 

third, to payment of all
accrued unpaid interest on the Obligations and fees owed to Agent, Lenders and LC Issuers;

 

fourth, to payment of principal
of the Obligations including, without limitation, Letter of Credit Obligations then due and payable and cash collateralization
of unmatured Letter of Credit Obligations to the extent not then due and payable);

 

fifth, to payment of any
other amounts owing constituting Obligations; and

 

sixth, any remainder shall
be for the account of and paid to whoever may be lawfully entitled thereto.

 

In carrying out the foregoing, (i) amounts
received shall be applied in the numerical order provided until exhausted prior to the application to the next succeeding category
and (ii) each of Lenders or other Persons entitled to payment shall receive an amount equal to its pro rata share of amounts available
to be applied pursuant to clauses third, fourth and fifth above.

 

3.9          Taxes.

 

(a)          Except
as required by a Requirement of Law, each payment by any Credit Party under any Loan Document shall be made free and clear of all
present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or
other charges imposed by any Governmental Authority, including any interest, additions to tax, penalties or other liabilities)
with respect thereto (collectively, “Taxes”) other than Excluded Taxes.

 

(b)          If
any Taxes shall be required by any Requirement of Law to be deducted from or in respect of any amount payable under any Loan Document
to Agent, any Lender or LC Issuer (i) if such Tax is an Indemnified Tax, such amount payable shall be increased as necessary to
ensure that, after all required deductions for Indemnified Taxes are made (including deductions applicable to any increases to
any amount under this Section 3.9), Agent, such Lender or LC Issuer receive the amount Agent, such Lender or LC Issuer would
have received had no such deductions been made, (ii) the relevant Credit Party shall make such deductions, (iii) the relevant Credit
Party shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with applicable Requirements
of Law and (iv) within thirty (30) days after such payment is made, the relevant Credit Party shall deliver to Agent an original
or certified copy of a receipt evidencing such payment or other evidence of payment reasonably satisfactory to Agent.

 

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(c)          In
addition, the relevant Credit Party shall timely pay to the relevant Governmental Authority in accordance with the applicable Requirement
of Law, or at the option of Agent timely reimburse it for the payment of, any stamp, court, documentary, intangible, recording,
filing or similar Taxes imposed by any applicable Requirement of Law or Governmental Authority and all liabilities with respect
thereto (including by reason of any delay in payment thereof), in each case arising from the execution, delivery or registration
of, or otherwise with respect to, any Loan Document or any transaction contemplated therein (collectively, “Other Taxes”).

 

(d)          Borrowers
shall reimburse and indemnify, within thirty (30) days after receipt of demand therefor, Agent, Lenders and LC Issuer for all Indemnified
Taxes (including any Indemnified Taxes imposed by any jurisdiction on amounts payable under this Section 3.9) paid or payable
by Agent, any Lender or LC Issuer and any liabilities arising therefrom or with respect thereto, whether or not such Indemnified
Taxes were correctly or legally asserted.

 

(e)          If
Agent, any Lender or LC Issuer determines, in its sole discretion exercised in good faith, that it has received a refund of any
Taxes as to which it has been indemnified pursuant to this Section 3.9 (including additional amounts paid pursuant to this
Section 3.9), it shall pay to the Borrowing Representative an amount equal to such refund (but only to the extent of indemnity
payments made under this Section 3.9 with respect to the Taxes giving rise to such refund), without interest (other than
any interest paid by the relevant Governmental Authority with respect to such refund). Notwithstanding anything to the contrary
in this Section 3.9(e), in no event will Agent, any Lender or LC Issuer be required to pay any amount to Borrowing Representative
pursuant to this Section 3.9(e) if such payment would place Agent, any Lender or LC Issuer in a less favorable position
(on a net after-Tax basis) than Agent, any Lender or LC Issuer would have been in if the indemnification payments or additional
amounts giving rise to such refund had never been paid. This Section 3.9(e) shall not be construed to require Agent,
any Lender or LC Issuer to make available its Tax returns (or any other information relating to its Taxes which it deems confidential)
to the Borrowing Representative or any other Person.

 

(f)           Each
Lender that is a “United States person” as defined under Section 7701(a)(30) of the IRC shall deliver to Agent and
the Borrowing Representative on or prior to the date such Lender becomes a Lender under this Agreement (and from time to time thereafter
upon the reasonable request of the Agent or Borrowing Representative) two properly completed and executed IRS Forms W-9 (or applicable
successor form) to establish that such Lender is not subject to United States federal backup withholding tax. Each Lender that
is not a “United States person” (as so defined) shall, to the extent it is legally entitled to do so, deliver to Agent
and the Borrowing Representative on or prior to the date such Lender becomes a Lender under this Agreement (and from time to time
thereafter upon the reasonable request of the Agent or Borrowing Representative) two properly completed and executed IRS Forms
W-8BEN, W-8BEN-E, W-8ECI, or W-8IMY, as applicable, and in each case together with a portfolio interest exemption certificate,
if applicable, and such other information reasonably requested by Agent or Borrowing Representative to establish that such Lender
is entitled to an exemption from or a reduced rate of United States federal withholding Tax with respect to payments made to such
Lender under this Agreement or any other Loan Document.

 

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3.10        Increased
Costs and Reduction of Return.

 

(a)          If
any Lender or LC Issuer shall determine that, due to either (i) the introduction of, or any change in, or in the interpretation
of, any Requirement of Law or (ii) the compliance with any guideline or request from any central bank or other Governmental Authority
(whether or not having the force of law), in the case of either clause (i) or (ii) subsequent to the date hereof, (x) there shall
be any increase in the cost to such Lender or LC Issuer of agreeing to make or making, funding or maintaining any Loans or of issuing
or maintaining any Letter of Credit or (y) such Lender or LC Issuer shall be subject to any Taxes (other than (A) Indemnified Taxes
and (B) Excluded Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits,
reserves, other liabilities or capital attributable thereto, then Borrowers shall be liable for, and shall from time to time, within
thirty (30) days of demand therefor by such Lender or LC Issuer (with a copy of such demand to Agent), pay to such Lender or LC
Issuer, as applicable, additional amounts as are sufficient to compensate such Lender or LC Issuer, as applicable for such increased
costs or such Taxes; provided, that Borrowers shall not be required to compensate any Lender or LC Issuer pursuant to this Section
3.10(a) for any increased costs or Taxes incurred more than 180 days prior to the date that such Lender or LC Issuer notifies
the Borrowing Representative, in writing of the increased costs and of such Lender’s or LC Issuer’s intention to claim
compensation thereof; provided, further, that if the circumstance giving rise to such increased costs is retroactive, then the
180-day period referred to above shall be extended to include the period of retroactive effect thereof.

 

(b)          If
any Lender or LC Issuer shall have determined that:

 

(i)          the
introduction of any Capital Adequacy Regulation;

 

(ii)         any
change in any Capital Adequacy Regulation;

 

(iii)        any
change in the interpretation or administration of any Capital Adequacy Regulation by any central bank or other Governmental Authority
charged with the interpretation or administration thereof; or

 

(iv)        compliance
by such Lender or LC Issuer or any entity controlling such Lender or LC Issuer, with any Capital Adequacy Regulation;

 

affects the amount of capital required or expected
to be maintained by such Lender or LC Issuer or any entity controlling such Lender or LC Issuer and (taking into consideration
such Lender’s or such entities’ policies with respect to capital adequacy and such Lender’s or LC Issuer’s
desired return on capital) determines that the amount of such capital is increased as a consequence of its loans, credits or obligations
under this Agreement, then, within thirty (30) days of demand of such Lender or LC Issuer (with a copy to Agent), Borrowers shall
pay to such Lender or LC Issuer, as applicable, from time to time as specified by such Lender or LC Issuer, additional amounts
sufficient to compensate such Lender or LC Issuer (or the entity controlling such Lender or LC Issuer) for such increase; provided,
that Borrowers shall not be required to compensate such Lender or LC Issuer pursuant to this Section 3.10(b) for any
amounts incurred more than 180 days prior to the date that such Lender or LC Issuer notifies the Borrowing Representative, in writing
of the amounts and of such Lender’s or LC Issuer’s intention to claim compensation thereof; provided, further, that
if the event giving rise to such increase is retroactive, then the 180-day period referred to above shall be extended to include
the period of retroactive effect thereof.

 

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(c)          Notwithstanding
anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines
or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated by
the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the
United States of America or foreign regulatory authorities, in each case in respect of this clause (ii) pursuant to Basel III,
shall, in each case, be deemed to be a change in a Requirement of Law under this Section 3.10 and/or a change in Capital
Adequacy Regulation under this Section 3.10, as applicable, regardless of the date enacted, adopted or issued.

 

3.11        Certificates
of Lenders. The applicable Lender or LC Issuer shall deliver to the Borrowing Representative a certificate setting forth in
reasonable detail the amount payable to such Lender under Sections 3.9 and 3.10 and such certificate shall be conclusive
and binding on the Credit Parties in the absence of manifest error.

 

3.12        Funding
Losses. Borrowers agree to reimburse each Lender and to hold each Lender harmless from any loss or expense which such Lender
may sustain or incur as a consequence of: (a) the failure of Borrowers to borrow, continue or convert a LIBOR Rate Loan or a Fixed
Rate Loan after the Borrowing Representative has given (or is deemed to have given) a notice of borrowing of a LIBOR Rate Loan
or a Fixed Rate Loan or a notice of conversion of a Base Rate Loan to a LIBOR Rate Loan or continuation of a LIBOR Rate Loan; (b)
the prepayment of a Fixed Rate Loan other than on the due date thereof or a LIBOR Rate Loan on a day which is not the last day
of the Interest Period with respect thereto; or (c) the conversion of any LIBOR Rate Loan to a Base Rate Loan on a day that is
not the last day of the applicable Interest Period; including any such loss or expense arising from the liquidation or reemployment
of funds obtained by it to maintain its LIBOR Rate Loans or Fixed Rate Loans hereunder or from fees payable to terminate the deposits
from which such funds were obtained. Solely for purposes of calculating amounts payable by Borrowers to the Lenders under this
Section 3.12: each LIBOR Rate Loan made by a Lender (and each related reserve, special deposit or similar requirement) shall
be conclusively deemed to have been funded at the LIBOR Rate used in determining the interest rate for such LIBOR Rate Loan by
a matching deposit or other borrowing in the interbank Eurodollar market for a comparable amount and for a comparable period, whether
or not such LIBOR Rate Loan is in fact so funded.

 

3.13        Alternate
Rate of Interest.

 

(a)          If
prior to the commencement of any Interest Period for a LIBOR Rate Loan:

 

(i)          any
Lender determines (which determination shall be conclusive and binding absent manifest error) that adequate and reasonable means
do not exist for ascertaining the LIBOR Rate, for such Interest Period; or

 

    	 	32	 

     

    

  

(ii)         any
Lender determines the LIBOR Rate for the applicable Interest Period will not adequately and fairly reflect the cost to such Lender
of making or maintaining its Loans included in such LIBOR Rate Loan for such Interest Period;

 

then such Lender shall give notice thereof
to Agent and Borrowing Representative and, until such Lender notifies Agent and Borrowing Representative that the circumstances
giving rise to such notice no longer exist, any interest rate election request or conversion of any Loan to, or continuation of
any Loan as, a LIBOR Rate Loan shall be ineffective and any such LIBOR Rate Loan shall be converted to a Base Rate Loan at the
end of the applicable Interest Period.

 

(b)          If
at any time any Lender determines (which determination shall be conclusive absent manifest error) that (i) the circumstances set
forth in clause (a) have arisen and such circumstances are unlikely to be temporary or (ii) the circumstances set forth in clause
(a) have not arisen but either (w) the supervisor for the administrator of the LIBOR Rate has made a public statement that the
administrator of the LIBOR Rate is insolvent (and there is no successor administrator that will continue publication of the LIBOR
Rate), (x) the administrator of the LIBOR Rate has made a public statement identifying a specific date after which the LIBOR Rate
will permanently or indefinitely cease to be published by it (and there is no successor administrator that will continue publication
of the LIBOR Rate), (y) the supervisor for the administrator of the LIBOR Rate has made a public statement identifying a specific
date after which the LIBOR Rate will permanently or indefinitely cease to be published or (z) the supervisor for the administrator
of the LIBOR Rate or a Governmental Authority having jurisdiction over Agent has made a public statement identifying a specific
date after which the LIBOR Rate may no longer be used for determining interest rates for loans, then Agent and Borrowing Representative
shall endeavor to establish an alternate rate of interest to the LIBOR Rate that gives due consideration to the then prevailing
market convention for determining a rate of interest for bank loans in the United States at such time, and shall enter into an
amendment to this Agreement to reflect such alternate rate of interest and such other related changes to this Agreement as may
be applicable (but, for the avoidance of doubt, such related changes shall not include a reduction of the applicable rate). Until
an alternate rate of interest shall be determined in accordance with this clause (c) (but, in the case of the circumstances described
in clauses (ii)(w), (ii)(x) or (ii)(y) of the first sentence of this Section 3.13(c), only to the extent the LIBOR Rate for such
Interest Period is not available or published at such time on a current basis), (x) any request for the conversion of any Loan
to, or continuation of any Loan as, a LIBOR Rate Loan shall be ineffective and any such LIBOR Rate Loan shall be repaid or converted
into a Base Rate Loan on the last day of the then current Interest Period applicable thereto, and (y) if any request requests a
LIBOR Rate Loan, such Loan shall be made as a Base Rate Loan; provided that, if such alternate rate of interest shall be less than
zero, such rate shall be deemed to be zero for the purposes of this Agreement.

 

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4.           PROCEDURES

 

4.1          Procedure
for Revolving Loan. Borrowing Representative on behalf of each Borrower may by written notice request a borrowing of Revolving
Loan prior to 11:00 a.m. (New York time) on the date which is two (2) Business Days prior to the Business Day of the requested
borrowing of a Revolving Loan. All Revolving Loan shall be disbursed from whichever office or other place Agent may designate from
time to time and, together with any and all other Obligations of Borrowers to Secured Parties, shall be charged to Borrowers’
account on Agent’s books. The proceeds of each Revolving Loan made by Revolving Lenders shall be made available to Borrowers
on the Business Day so requested by way of credit to the applicable Borrower’s operating account maintained with such bank
as Borrowing Representative designated to Agent. Any and all Obligations due and owing hereunder may be charged to Borrowers’
account and shall constitute Revolving Loan. The principal amount of any single Revolving Loan request shall be not less than $100,000.

 

4.2          Conversion
and Continuation Elections. Other than as respects Fixed Rate Loans, Borrowing Representative shall have the option to (a)
request that any Loan be made as a LIBOR Rate Loan, (b) convert at any time all or any part of outstanding Loans from Base Rate
Loans to LIBOR Rate Loans, (c) convert any LIBOR Rate Loan to a Base Rate Loan, subject to Section 3.12 if such conversion
is made prior to the expiration of the Interest Period applicable thereto, or (d) continue all or any portion of any Loan as a
LIBOR Rate Loan upon the expiration of the applicable Interest Period. Any Loan or group of Loans having the same proposed Interest
Period to be made or continued as, or converted into, a LIBOR Rate Loan must be in a minimum amount of $1,000,000. Any such election
must be made by Borrowing Representative by 2:00 p.m. on the second Business Day prior to (1) the date of any proposed Loan which
is to bear interest at LIBOR, (2) the end of each Interest Period with respect to any LIBOR Rate Loans to be continued as such,
or (3) the date on which Borrowers wish to convert any Base Rate Loan to a LIBOR Rate Loan for an Interest Period designated by
the Borrowing Representative in such election. If no election is received with respect to a LIBOR Rate Loan by 2:00 p.m. on the
second Business Day prior to the end of the Interest Period with respect thereto, that LIBOR Rate Loan shall be converted to a
Base Rate Loan at the end of its Interest Period. Borrowing Representative must make such election by notice to Agent in writing.
In the case of any conversion or continuation, such election must be made pursuant to a written notice in the form attached hereto
as Exhibit G. No Loan shall be made, converted into or continued as a LIBOR Rate Loan, if the conditions to Loans and Letters
of Credit in Section 6.2 are not met at the time of such proposed conversion or continuation and Agent or Required
Lenders have determined not to make or continue any Loan as a LIBOR Rate Loan as a result thereof. Agent will, with reasonable
promptness, notify the Borrowing Representative and the Lenders of each determination of the LIBOR Rate; provided that any failure
to do so shall not relieve any Borrower of any liability hereunder or provide the basis for any claim against Agent. All conversions
and continuations shall be made pro rata according to the respective outstanding principal amounts of the Loans held by each Lender
with respect to which the notice was given.

 

4.3          Accounting
of Loans.

 

(a)          Agent
is authorized by Borrowers to record on its books or records the date, principal amount, amount and date of all payments of principal
of and interest on each Loan, and the outstanding principal balance of the Loans and such recordation shall constitute prima facie
evidence as to all such information contained therein. Agent shall provide Borrowing Representative on a monthly basis with a statement
and accounting of such recordations but any failure on the part of Agent to keep such recordation (or any errors therein) or to
send a statement thereof to Borrowing Representative shall not limit or otherwise affect the obligation of any Borrower to repay
(with applicable interest) any Loans. Except to the extent that Borrowing Representative shall, within sixty (60) days after such
statement and accounting is sent, notify Agent in writing of any objection any Borrower may have thereto (stating with particularity
the basis for such objection), such statement and accounting shall be deemed final, binding and conclusive upon Borrowers, absent
manifest error.

 

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(b)          Agent,
acting as a non-fiduciary agent of Borrowers and the other Credit Parties solely for tax purposes and solely with respect to the
actions described in this Section 4.3, shall establish and maintain (i) a record of ownership (the “Register”)
in which Agent agrees to register by book entry the interests (including any rights to receive payment hereunder) of Agent, each
Lender and each LC Issuer in the Term Loans, each Incremental Term Loan, the Revolving Loans and Letter of Credit Obligations,
each of their obligations under this Agreement to participate in each Loan, Letter of Credit and Letter of Credit Obligations,
and any assignment of any such interest, obligation or right and (ii) accounts in the Register in accordance with its usual practice
in which it shall record (A) the names and addresses of Lenders and the LC Issuers (and each change thereto pursuant to this Agreement),
(B) the Commitments of each Lender, (C) the amount of each Loan, and for LIBOR Rate Loans, the Interest Period applicable thereto,
(D) the amount of any principal or interest due and payable or paid, (E) the amount of the Letter of Credit Obligations due and
payable or paid in respect of Letters of Credit and (F) any other payment received by Agent from a Borrower or other Credit Party
and its application to the Obligations.

 

(c)          Notwithstanding
anything to the contrary contained in this Agreement, the Loans (including any Notes evidencing such Loans and, in the case of
Revolving Loans, the corresponding obligations to participate in Letter of Credit Obligations) are registered obligations, the
right, title and interest of Lenders and LC Issuers and their assignees in and to such Loans shall be transferable only upon notation
of such transfer in the Register and no assignment thereof shall be effective until recorded therein. This Section shall be construed
so that the Loans are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2)
and 881(c)(2) of the IRC.

 

(d)          Credit
Parties, Agent, Lenders and LC Issuers shall treat each Person whose name is recorded in the Register as a Lender or LC Issuer,
as applicable, for all purposes of this Agreement. Information contained in the Register with respect to any Lender or any LC Issuer
shall be available for access by Borrowers, Borrowing Representative, Agent, such Lender or such LC Issuer during normal business
hours and from time to time upon at least one Business Day’s prior notice. No Lender or LC Issuer shall, in such capacity,
have access to or be otherwise permitted to review any information in the Register other than information with respect to such
Lender or LC Issuer unless otherwise agreed by Agent.

 

4.4          Payments
by Lenders to Agent; Settlement.

 

(a)          Agent
may, on behalf of Lenders, disburse funds to Borrowers for Loans requested. Each Lender shall reimburse Agent on demand for all
funds disbursed on its behalf by Agent, or if Agent so requests, each Lender will remit to Agent its Commitment Percentage of any
Loan before Agent disburses same to Borrowers. If Agent elects to require that each Lender make funds available to Agent prior
to disbursement by Agent to Borrowers, Agent shall advise each Lender by electronic transmission of the amount of such Lender’s
Commitment Percentage of the Loan requested by Borrowing Representative no later than the Business Day prior to the scheduled borrowing
date applicable thereto, and each such Lender shall pay Agent such Lender’s Commitment Percentage of such requested Loan,
in same day funds, by wire transfer to Agent’s account, as designated by Agent to such Lender, no later than 1:00 p.m. on
such scheduled Borrowing date. Nothing in this Section 4.4(a) or elsewhere in this Agreement or the other Loan Documents
shall be deemed to require Agent to advance funds on behalf of any Lender or to relieve any Lender from its obligation to fulfill
its Commitments hereunder or to prejudice any rights that Agent, any Lender or Borrowers may have against any Lender as a result
of any default by such Lender hereunder.

 

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(b)          At
least once each calendar week or more frequently at Agent’s election (each, a “Settlement Date”), Agent
shall advise each Lender by electronic transmission of the amount of such Lender’s Commitment Percentage of principal, interest
and Fees paid for the benefit of Lenders with respect to each applicable Loan. Agent shall pay to each Lender such Lender’s
Commitment Percentage of principal, interest and fees paid by Borrowers since the previous Settlement Date for the benefit of such
Lender on the Loans held by it. Such payments shall be made by wire transfer to such Lender not later than 2:00 p.m. on the next
Business Day following each Settlement Date.

 

(c)          Agent
may assume that each Revolving Lender will make its Commitment Percentage of each Revolving Loan available to Agent on each borrowing
date. If such Commitment Percentage is not, in fact, paid to Agent by such Revolving Lender when due, Agent will be entitled to
recover such amount on demand from such Revolving Lender without setoff, counterclaim or deduction of any kind. If any Revolving
Lender fails to pay the amount of its Commitment Percentage forthwith upon Agent’s demand, Agent shall promptly notify Borrowing
Representative and Borrowers shall immediately repay such amount to Agent. Nothing in this Section 4.4 shall be deemed to
require Agent to advance funds on behalf of any Revolving Lender or to relieve any Revolving Lender from its obligation to fulfill
its Commitments hereunder or to prejudice any rights that Borrowers may have against any Revolving Lender as a result of any default
by such Revolving Lender hereunder. Without limiting the provisions of Section 4.4, to the extent that Agent advances funds
to Borrowers on behalf of any Revolving Lender and is not reimbursed therefor on the same Business Day as such advance is made,
Agent shall be entitled to retain for its account all interest accrued on such advance from the date such advance was made until
reimbursed by the applicable Revolving Lender.

 

(d)          (1)          If
Agent pays an amount to a Lender under this Agreement in the belief or expectation that a related payment has been or will be received
by Agent from Borrowers and such related payment is not received by Agent, then Agent will be entitled to recover such amount from
such Lender on demand without setoff, counterclaim or deduction of any kind.

 

    	 	36	 

     

    

  

(i)          If
Agent determines at any time that any amount received by Agent under this Agreement or any other Loan Document must be returned
to any Credit Party or paid to any other Person pursuant to any insolvency law or otherwise, then, notwithstanding any other term
or condition of this Agreement or any other Loan Document, Agent will not be required to distribute any portion thereof to any
Lender. In addition, each Lender will repay to Agent on demand any portion of such amount that Agent has distributed to such Lender,
together with interest at such rate, if any, as Agent is required to pay to any Borrower or such other Person, without setoff,
counterclaim or deduction of any kind, and Agent will be entitled to set-off against future distributions to such Lender any such
amounts (with interest) that are not repaid on demand.

 

(e)          (2)          The
failure of any Non-Funding Lender to make any Revolving Loan, Letter of Credit Obligation, Term Loan or Incremental Term Loan or
any payment required by it, or to make any payment required by it under any Loan Document, or to fund any purchase of any participation
to be made or funded by it on the date specified therefor shall not relieve any other Lender (each such other Revolving Lender,
an “Other Lender”) of its obligations to make such loan, fund the purchase of any such participation, or make
any other such required payment on such date, and neither Agent nor, other than as expressly set forth herein, any Other Lender
shall be responsible for the failure of any Non-Funding Lender to make a loan, fund the purchase of a participation or make any
other required payment under any Loan Document.

 

(i)          If
any Revolving Lender is a Non-Funding Lender, all or a portion of such Non-Funding Lender’s Letter of Credit Obligations
(unless such Lender is the LC Issuer that issued such Letter of Credit) shall, at Agent’s election at any time or upon any
LC Issuer’s, written request delivered to Agent (whether before or after the occurrence of any Default or Event of Default),
be reallocated to and assumed by the Revolving Lenders that are not Non-Funding Lenders or Impacted Lenders pro rata in accordance
with their Commitment Percentages of the Aggregate Revolving Loan Commitment (calculated as if the Non-Funding Lender’s Commitment
Percentage was reduced to zero and each other Revolving Lender’s (other than any other Non-Funding Lender’s or Impacted
Lender’s) Commitment Percentage had been increased proportionately), provided that no Revolving Lender shall be reallocated
any such amounts or be required to fund any amounts that would cause the sum of its outstanding Revolving Loans and outstanding
Letter of Credit Obligations to exceed its Revolving Loan Commitment.

 

(ii)         Notwithstanding
anything set forth herein to the contrary, a Non-Funding Lender shall not have any voting or consent rights under or with respect
to any Loan Document or constitute a “Lender” or a “Revolving Lender” (or be, or have its Loans and Commitments,
included in the determination of “Required Lenders”, “Required Revolving Lenders” or “Lenders directly
affected”) for any voting or consent rights under or with respect to any Loan Document, provided that (A) the Commitment
of a Non-Funding Lender may not be increased, extended or reinstated, (B) the principal of a Non-Funding Lender’s Loans may
not be reduced or forgiven, and (C) the interest rate applicable to Obligations owing to a Non-Funding Lender may not be reduced
in such a manner that by its terms affects such Non-Funding Lender more adversely than other Lenders, in each case without the
consent of such Non-Funding Lender. Moreover, for the purposes of determining Required Lenders and Required Revolving Lenders,
the Loans, Letter of Credit Obligations, and Commitments held by Non-Funding Lenders shall be excluded from the total Loans and
Commitments outstanding.

 

    	 	37	 

     

    

  

(iii)        Agent
shall be authorized to use all payments received by Agent for the benefit of any Non-Funding Lender pursuant to this Agreement
to pay in full the Aggregate Excess Funding Amount (as defined below) to the appropriate Secured Parties. Following such payment
in full of the Aggregate Excess Funding Amount, Agent shall be entitled to hold such funds as cash collateral in a non-interest
bearing account up to an amount equal to such Non-Funding Lender’s unfunded Revolving Loan Commitment and to use such amount
to pay such Non-Funding Lender’s funding obligations hereunder until the Obligations are paid in full in cash, all Letter
of Credit Obligations have been discharged or cash collateralized and all Commitments have been terminated. Upon any such unfunded
obligations owing by a Non-Funding Lender becoming due and payable, Agent shall be authorized to use such cash collateral to make
such payment on behalf of such Non-Funding Lender. With respect to such Non-Funding Lender’s failure to fund Revolving Loans
or purchase participations in Letters of Credit or Letter of Credit Obligations, any amounts applied by Agent to satisfy such funding
shortfalls shall be deemed to constitute a Revolving Loan or amount of the participation required to be funded and, if necessary
to effectuate the foregoing, the other Revolving Lenders shall be deemed to have sold, and such Non-Funding Lender shall be deemed
to have purchased, Revolving Loans or Letter of Credit participation interests from the other Revolving Lenders until such time
as the aggregate amount of the Revolving Loans and participations in Letters of Credit and Letter of Credit Obligations are held
by the Revolving Lenders in accordance with their Commitment Percentages of the Aggregate Revolving Loan Commitment. Any amounts
owing by a Non-Funding Lender to Agent which are not paid when due shall accrue interest at the interest rate applicable during
such period to Revolving Loans that are Base Rate Loans. In the event that Agent is holding cash collateral of a Non-Funding Lender
that cures pursuant to clause (v) below or ceases to be a Non-Funding Lender pursuant to the definition of Non-Funding Lender,
Agent shall return the unused portion of such cash collateral to such Lender. The “Aggregate Excess Funding Amount”
of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to Agent, LC Issuers,
and other Lenders under the Loan Documents, including such Lender’s pro rata share of all Revolving Loans and Letter of Credit
Obligations, plus, without duplication, (B) all amounts of such Non-Funding Lender’s Letter of Credit Obligations.

 

(iv)        A
Lender may cure its status as a Non-Funding Lender under clause (a) of the definition of Non-Funding Lender if such Lender (A)
fully pays to Agent, on behalf of the applicable Secured Parties, the Aggregate Excess Funding Amount, plus all interest due thereon
and (B) timely funds the next Revolving Loan required to be funded by such Lender or makes the next reimbursement required to be
made by such Lender with respect to Letters of Credit. Any such cure shall not relieve any Lender from liability for breaching
its contractual obligations hereunder.

 

(v)         A
Lender that is a Non-Funding Lender pursuant to clause (a) of the definition of Non-Funding Lender shall not earn and shall not
be entitled to receive, and Borrowers shall not be required to pay, such Lender’s portion of the unused line fee, if any,
payable pursuant to Section 5.1(c).

 

(f)           Agent
is hereby authorized by each Credit Party and each other Secured Party to establish procedures (and to amend such procedures from
time to time) to facilitate administration and servicing of the Loans and other matters incidental thereto.

 

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5.           INTEREST
AND FEES

 

5.1          Interest
and Fees.

 

(a)          Interest.

 

(i)          Except
as modified by Section 5.1(a)(iii) below, Borrowers shall pay interest on the unpaid principal balance of the Loans for
each day they are outstanding at the Interest Rate applicable to such Loan. Interest with respect to a Revolving Loan begins to
accrue as soon as such Revolving Loan is made or deemed to be made. Interest will continue to accrue until payment in full of the
Obligations. Interest and fees shall be computed on the basis of actual days elapsed in a year of 360 days. Interest on Revolving
Loans shall be payable in arrears on the first day of each month for interest accrued during the preceding month and upon termination
of this Agreement. Interest on each Term Loan and each Incremental Term Loans shall be payable in arrears on the day on which the
scheduled principal payments are required to be made under the applicable Term Note for interest accrued since the immediately
preceding payment date and upon termination of this Agreement.

 

(ii)         Effective
upon the occurrence of any Event of Default and for so long as any Event of Default shall be continuing, the Interest Rate shall
automatically be increased to the Default Rate, and all outstanding Obligations shall continue to accrue interest from the date
of such Event of Default at the Default Rate applicable to such Obligations.

 

(iii)        Notwithstanding
the foregoing, in no event shall the aggregate interest exceed the maximum rate permitted under any applicable law or regulation,
as in effect from time to time (the “Maximum Legal Rate”) and if any provision of this Agreement or Loan Document
is in contravention of any such law or regulation, interest payable under this Agreement and each Loan Document shall be computed
on the basis of the Maximum Legal Rate (so that such interest will not exceed the Maximum Legal Rate) and once the amount of interest
payable hereunder or under the Loan Documents is less than the Maximum Legal Rate, the amount of interest payable hereunder or
any Loan Document shall not be reduced below the amount computed based upon the Maximum Legal Rate until the aggregate amount of
interest paid equals the amount of interest which would have been payable if the Maximum Legal Rate had not been imposed.

 

(b)          Borrowers
shall pay principal, interest and all other amounts payable hereunder, or under any Loan Document, without any deduction whatsoever,
including any deduction for any set-off or counterclaim.

 

(c)          Fees.

 

(i)          [Intentionally
omitted.]

 

(ii)         Upfront
Fee. On the Effective Date, Borrowers shall pay Agent for the benefit of each Lender having a Term Loan Commitment, an upfront
fee in the aggregate amount of $91,250.

 

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6.           CONDITIONS
PRECEDENT

 

6.1          Conditions
Precedent to the Effective Date. The Effective Date shall be subject to the fulfillment (to the satisfaction of Agent) of
each of the conditions precedent set forth on Schedule I.

 

6.2          Conditions
Precedent to each Loan. Each of the Loans to be made by Lenders on or after the Effective Date shall be subject to the fulfillment
(to the satisfaction of Agent) of each of the following conditions as of the date of each Loan:

 

(a)          Agent
shall have received a request for such Loan in form and in substance satisfactory to Agent;

 

(b)          the
representations and warranties set forth in this Agreement and in the other Loan Documents, shall be true and correct in all material
respects on and as of the date of such Loan with the same effect as though made on and as of such date, except to the extent that
any such representation or warranty is expressly stated to relate to a specific earlier date, in which case, such representation
and warranty shall be true and correct as of such earlier date;

 

(c)          no
Default or Event of Default shall have occurred and be continuing at the time of and after giving effect to such Loan;

 

(d)          Agent
shall have received all fees due and payable on or prior to such date; and

 

(e)          all
legal matters incident to such Loan shall be reasonably satisfactory to Agent and its counsel, including agreements relating to
the Trademark Licenses.

 

7.           REPRESENTATIONS,
WARRANTIES AND COVENANTS

 

To induce Agent and Lenders
to enter into this Agreement and to make the Loans, each Credit Party represents and warrants (each of which representations and
warranties shall survive the execution and delivery of this Agreement), and promises to and agrees with Agent and Lenders until
the Termination Date as follows:

 

7.1          Corporate
Existence; Compliance with Law. Each Credit Party: (a) is, as of the Effective Date, and will continue to be (i) a corporation
or limited liability company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation
or formation, (ii) duly qualified to do business and in good standing in each other jurisdiction where its ownership or lease
of property or the conduct of its business requires such qualification, except where the failure to be so qualified could not reasonably
be expected to have a Material Adverse Effect, and (iii) in compliance with all Requirements of Law and Contractual Obligations,
except to the extent failure to comply therewith could not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect; and (b) has and will continue to have (i) the requisite power and authority and the legal right to
execute, deliver and perform its obligations under the Loan Documents to which it is a party, and to own, pledge, mortgage or otherwise
encumber and operate its properties, to lease the property it operates under lease, and to conduct its business as now, heretofore
or proposed to be conducted, and (ii) all licenses, permits, franchises, rights, powers, consents or approvals from or by
all Persons or Governmental Authorities having jurisdiction over such Credit Party which are necessary or appropriate for the conduct
of its business.

 

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7.2          Names;
Organizational Information; Collateral Locations. Disclosure Schedule 7.2 sets forth as of the Effective Date, each
Credit Party’s name as it appears in official filing in the state of its incorporation or other organization, the type of
entity of each Credit Party, the state of each Credit Party’s incorporation or organization and organizational identification
number issued by each Credit Party’s state of incorporation or organization or a statement that no such number has been
issued. The location of each Credit Party’s chief executive office, corporate offices, warehouses, other locations of Collateral
and locations where records with respect to Collateral are kept as of the Effective Date (including in each case the county of
such locations) are as set forth in Disclosure Schedule 7.2 and, except as set forth in such Disclosure Schedule, such
locations have not changed during the preceding twelve months. With respect to each of the premises identified in Disclosure
Schedule 7.2 on or prior to the Effective Date a bailee, landlord or mortgagee agreement acceptable to Agent has been obtained.
As of the Effective Date, during the prior five years, except as set forth in Disclosure Schedule 7.2, no Credit Party
shall have been known as or conducted business in any other name (including trade names).

 

7.3          Power;
Authorization; Enforceable Obligations. The execution, delivery and performance by each Credit Party of the Loan Documents
to which it is a party, and the creation of all Liens provided for herein and therein: (a) are and will continue to be within such
Credit Party’s power and authority; (b) have been and will continue to be duly authorized by all necessary or proper action;
(c) are not and will not be in violation of any Requirement of Law or Contractual Obligation of such Credit Party; (d) do not and
will not result in the creation or imposition of any Lien (other than Permitted Liens) upon any of the Collateral; and (e) do not
and will not require the consent or approval of any Governmental Authority or any other Person, except for such consents and approvals
which have been obtained and are in full force and effect as of the Effective Date. As of the Effective Date, each Loan Document
shall have been duly executed and delivered on behalf of each Credit Party, and each such Loan Document upon such execution and
delivery shall be and will continue to be a legal, valid and binding obligation of each Credit Party, enforceable against it in
accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency and other similar laws affecting
creditors’ rights generally.

 

7.4          Financial
Statements; Books and Records.

 

(a)          The
Financial Statements delivered by Initial Borrower to Agent and each Lender for its most recently ended Fiscal Year and Fiscal
Quarter, are true, correct and complete and reflect fairly and accurately the financial condition of Initial Borrower on a consolidated
and consolidating basis as of the date of each such Financial Statement in accordance with GAAP.

 

(b)          Each
Credit Party shall keep adequate Books and Records with respect to the Collateral and its business activities in which proper entries,
reflecting all financial transactions, and payments and credits received on, and all other dealings with, the Collateral, will
be made in accordance with GAAP and all Requirements of Law and on a basis consistent with the Financial Statements.

 

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7.5          Material
Adverse Change. Between the date of each Credit Party’s most recent Financial Statements delivered to Agent and each
Lender and the Effective Date: (a) no Credit Party has incurred any obligations, contingent or non-contingent liabilities, or liabilities
for Charges, long-term leases or unusual forward or long-term commitments which could, alone or in the aggregate, reasonably be
expected to have a Material Adverse Effect; and (b) no events have occurred which alone or in the aggregate has had or could reasonably
be expected to have a Material Adverse Effect. No Requirement of Law or Contractual Obligation of any Credit Party has or have
had or could reasonably be expected to have a Material Adverse Effect. No Credit Party is in default, and to each Credit Party’s
knowledge no third party is in default, under or with respect to any of its Contractual Obligations, which alone or in the aggregate
has had or could reasonably be expected to have a Material Adverse Effect.

 

7.6          Real
Estate; Property. The real estate listed in Disclosure Schedule 7.6 constitutes all of the real property owned, leased,
or used by each Credit Party in its business (the “Real Property”) as of the Effective Date, and no Credit Party
will execute any material agreement or contract in respect of such real estate (other than renewals of leases with respect thereto)
after the date of this Agreement without giving Agent prompt prior written notice thereof. Each Credit Party holds and will continue
to hold good and marketable fee simple title to all of its owned real estate, and good and marketable title to all of its other
properties and assets, and valid and insurable leasehold interests in all of its leases (both as lessor and lessee, sublessee or
assignee), and none of the properties and assets of any Credit Party are or will be subject to any Liens, except Permitted Liens.

 

7.7          Ventures,
Subsidiaries and Affiliates; Outstanding Equity Interests and Indebtedness. Except as set forth in Disclosure Schedule 7.7,
as of the Effective Date, no Credit Party has any Subsidiaries, is engaged in any joint venture or partnership with any other Person,
or is an Affiliate of any other Person. All of the issued and outstanding Equity Interests of each Credit Party (other than Initial
Borrower) (including all rights to purchase, options, warrants or similar rights or agreements pursuant to which such Credit Party
may be required to issue, sell, repurchase or redeem any of its Equity Interests) as of the Effective Date is owned by each of
the Equity Interests Holders (and in the amounts) set forth on Disclosure Schedule 7.7. All outstanding Indebtedness of
each Credit Party as of the Effective Date is described in Disclosure Schedule 9(b).

 

7.8          Government
Regulation; Margin Regulations. No Credit Party is subject to or regulated under or any federal or state statute, rule or regulation
that restricts or limits any Credit Party’s ability to incur Indebtedness, pledge its assets, or to perform its obligations
under the Loan Documents. The making of a Loan, the application of the proceeds and repayment thereof, and the consummation of
the transactions contemplated by the Loan Documents do not and will not violate the Certificate or Articles of Incorporation and
By-laws or other organizational or governing documents of such Credit Party or any Requirement of Law. No Credit Party is engaged,
nor will it engage in the business of extending credit for the purpose of “purchasing” or “carrying” any
“margin security” as such terms are defined in Regulation U of the Federal Reserve Board as now and hereafter in effect
(such securities being referred to herein as “Margin Stock”). No Credit Party owns Margin Stock, and none of
the proceeds of any Loan or other extensions of credit under any Loan Document will be used, directly or indirectly, for the purpose
of purchasing or carrying any Margin Stock or reducing or retiring any Indebtedness which was originally incurred to purchase or
carry any Margin Stock. No Credit Party will take or permit to be taken any action which might cause any Loan Document to violate
any regulation of the Federal Reserve Board.

 

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7.9          Taxes;
Charges. Except as disclosed on Disclosure Schedule 7.9 all tax returns, reports and statements required by any Governmental
Authority to be filed by each Credit Party have, as of the Effective Date, been filed and will, until the Termination Date, be
filed with the appropriate Governmental Authority and no tax Lien has been filed against each Credit Party or any of each Credit
Party’s property. Proper and accurate amounts have been and will be withheld by each Credit Party from its employees for
all periods in complete compliance with all Requirements of Law and such withholdings have and will be timely paid to the appropriate
Governmental Authorities. Disclosure Schedule 7.9 sets forth as of the Effective Date those taxable years for which each
Credit Party’s tax returns are currently being audited by the IRS or any other applicable Governmental Authority and any
assessments or threatened assessments in connection with such audit, or otherwise currently outstanding. Except as described on
Disclosure Schedule 7.9, no Credit Party is as of the Effective Date liable for any Charges: (a) under any agreement (including
any tax sharing agreements or agreement extending the period of assessment of any Charges) or (b) to any Credit Party’s knowledge,
as a transferee. As of the Effective Date, no Credit Party has agreed or been requested to make any adjustment under IRC Section
481(a), by reason of a change in accounting method or otherwise, which could reasonably be expected to have a Material Adverse
Effect.

 

7.10        Payment
of Obligations. Each Credit Party will pay, discharge or otherwise satisfy at or before maturity or before they become delinquent,
as the case may be, all of its Charges and other obligations of whatever nature, except where the amount or validity thereof is
currently being contested in good faith by appropriate proceedings and reserves, in conformity with GAAP, with respect thereto
have been provided on the books of such Credit Party and none of the Collateral is or could reasonably be expected to become subject
to any Lien or forfeiture or loss as a result of such contest.

 

7.11        ERISA.
No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other existing ERISA Events,
could reasonably be expected to result in a liability of any Credit Party of more than the Minimum Actionable Amount. The present
value of all accumulated benefit obligations of any Credit Party under each Plan (based on the assumptions used for purposes of
Statement of Financial Accounting Standards No. 87) did not, as of the date of the most recent Financial Statements reflecting
such amounts, exceed the fair market value of the assets of such Plan by more than the Minimum Actionable Amount, and the present
value of all accumulated benefit obligations of all underfunded Plans (based on the assumptions used for purposes of Statement
of Financial Account Standards No. 87) did not, as of the date of the most recent Financial Statements reflecting such amounts,
exceed the fair market value of the assets of such underfunded Plans by more than the Minimum Actionable Amount. No Credit Party
has incurred or reasonably expects to incur any Withdrawal Liability in excess of the Minimum Actionable Amount.

 

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7.12        Litigation.
No Litigation is pending or, to the knowledge of any Credit Party, threatened by or against any Credit Party or against any Credit
Party’s properties or revenues (a) with respect to any of the Loan Documents or any of the transactions contemplated hereby
or thereby, or (b) which could reasonably be expected to have a Material Adverse Effect. Except as set forth on Disclosure Schedule
7.12, as of the Effective Date there is no Litigation pending or threatened against any Credit Party which seeks damages in
excess of the Minimum Actionable Amount or injunctive relief or alleges criminal misconduct of any Credit Party. Each Credit Party
shall notify Agent in writing within five (5) Business Days of learning of the existence, threat or commencement of any Litigation
against any Credit Party or any Plan or any allegation of criminal misconduct against any Credit Party.

 

7.13        Intellectual
Property. As of the Effective Date, all material Intellectual Property owned or used by each Credit Party is listed, together
with application or registration numbers, where applicable, in Disclosure Schedule 7.13. Each Credit Party is the sole legal
and beneficial owner, or is licensed on commercial terms to use, all Intellectual Property necessary to conduct its business as
currently conducted except for such Intellectual Property the failure of which to own or license could not reasonably be expected
to have a Material Adverse Effect. Each Credit Party will maintain the patenting and registration of all Intellectual Property
with the United States Patent and Trademark Office, the United States Copyright Office, or other appropriate Governmental Authority
and each Credit Party will promptly patent or register, as the case may be, all new Intellectual Property and notify Agent in writing
five (5) Business Days prior to filing any such new patent or registration.

 

7.14        Full
Disclosure. No information contained in any Loan Document, the Financial Statements or any written statement furnished by or
on behalf of any Credit Party under any Loan Document, or to induce Agent and Lenders to execute the Loan Documents, contains any
untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or therein
not misleading in light of the circumstances under which they were made.

 

7.15        Hazardous
Materials. Except as set forth on Disclosure Schedule 7.15, as of the Effective Date, (a) no Credit Party is subject
to any Environmental Liabilities or, to any Credit Party’s knowledge, potential Environmental Liabilities, in excess of the
Minimum Actionable Amount in the aggregate, (b) no notice has been received by any Credit Party identifying it as a “potentially
responsible party” or requesting information under CERCLA or analogous state statutes, and to the knowledge of any Credit
Party, there are no facts, circumstances or conditions that may result in such Credit Party being identified as a “potentially
responsible party” under CERCLA or analogous state statutes; and (c) each Credit Party has provided to Agent copies of all
existing environmental reports, reviews and audits and all written information pertaining to actual or potential Environmental
Liabilities, in each case relating to any Credit Party. Each Credit Party: (i) shall comply in all material respects with all applicable
Environmental Laws and environmental permits; (ii) shall notify Agent in writing within seven (7) days if and when it becomes aware
of any Release, on, at, in, under, above, to, from or about any of its Real Property; and (iii) shall promptly forward to Agent
a copy of any order, notice, permit, application, or any communication or report received by it or any Credit Party in connection
with any such Release.

 

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7.16        Insurance.
Disclosure Schedule 7.16 lists all insurance of any nature maintained as of the Effective Date for current occurrences by
Borrowers, as well as a summary of the terms of such insurance. Each Credit Party shall deliver to Agent certified copies and endorsements
to all of its (a) “All Risk” and business interruption insurance policies naming Agent as loss payee, and (b) general
liability and other liability policies naming Agent as an additional insured. All policies of insurance on real and personal property
will contain an endorsement, in form and substance acceptable to Agent, showing lender loss payable to Agent (Form 438 BFU or equivalent)
and extra expense and business interruption endorsements. Such endorsement, or an independent instrument furnished to Agent, will
provide that the insurance companies will give Agent at least thirty (30) days prior written notice before any such policy or policies
of insurance shall be altered or canceled and that no act or default of any Credit Party or any other Person shall affect the right
of Agent or Lenders to recover under such policy or policies of insurance in case of loss or damage.

 

7.17        Deposit
and Disbursement Accounts. Disclosure Schedule 7.17 lists as of the Effective Date all banks and other financial institutions
at which each Credit Party, maintains deposits and/or other accounts and correctly identifies the name, address and telephone number
of each such depository, the name in which the account is held, a description of the purpose of the account, and the complete account
number.

 

7.18        Accounts.
No Credit Party has made, nor will any Credit Party make, any agreement with any Account Debtor for any extension of time for the
payment of any Account, any compromise or settlement for less than the full amount thereof, any release of any Account Debtor from
liability therefor, or any deduction therefrom except a discount or allowance for prompt or early payment allowed by a Credit Party
and such other compromises or settlements in the ordinary course of its business consistent with historical practice of such Credit
Party. With respect to the Accounts pledged as collateral pursuant to any Loan Document (a) the amounts shown on all invoices,
statements and reports which may be delivered to Agent with respect thereto are actually and absolutely owing to a Credit Party
as indicated thereon and are not in any way contingent; (b) no payments have been or shall be made thereon except payments immediately
delivered to Agent as required hereunder; and (c) to each Credit Party’s knowledge all Account Debtors have the capacity
to contract.

 

7.19        Conduct
of Business. Each Credit Party (a) shall conduct its business substantially as now conducted or as otherwise permitted hereunder,
and (b) shall at all times maintain, preserve and protect all of the Collateral and each Credit Party’s other property, used
or useful in the conduct of its business and keep the same in good repair, working order and condition and make, or cause to be
made, all necessary or appropriate repairs, replacements and improvements thereto consistent with industry practices.

 

7.20        Material
Contracts. No Credit Party is in default in the performance, observance or fulfillment of any of its obligations, covenants
or conditions contained in any Material Contract except to the extent that such failure could reasonably be expected to have a
Material Adverse Effect.

 

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7.21        Further
Assurances. At any time and from time to time, upon the written request of Agent and at the sole expense of Credit Parties,
each Credit Party shall promptly and duly execute and deliver any and all such further instruments and documents and take such
further action as Agent may reasonably deem desirable (a) to obtain the full benefits of this Agreement and the other Loan Documents,
(b) to protect, preserve and maintain Agent’s rights in any Collateral, or (c) to enable Agent and Lenders to exercise all
or any of the rights and powers herein granted.

 

7.22        Use
of Proceeds. The proceeds of all Loans made on the Effective Date shall be used to finance the H Heritage Acquisition, fees,
costs and expenses incurred in connection with the H Heritage Acquisition and the Loan Documents and the proceeds of all other
Loans and Letters of Credit shall be used by Borrowers solely for Permitted Acquisitions, working capital and such other purposes
as specifically permitted pursuant to the terms of this Agreement.

 

7.23        Financing
Right of First Offer. If, in connection with an Acquisition where the consideration therefor will be paid other than by cash
of Initial Borrower or any direct or indirect Subsidiary of Initial Borrower or by the issuance of Equity Interests of Initial
Borrower, each Borrower hereby grants to Lenders a right of first offer to provide such financing. Borrowing Representative shall
notify Agent of its request for such financing and submit in writing to Agent, the sources and uses of funds for the proposed transaction,
the requested amount of any such proposed financing and, to the extent not in violation of any applicable confidentiality agreement,
the supporting financial information and documentation relating to the proposed Acquisition. Lenders shall have the right, but
not the obligation, to deliver a term sheet setting forth the terms and conditions upon which Lenders would be willing to provide
such financing. Within ten (10) Business Days of receipt by Agent of all such information required by Agent and Lenders in connection
with such request, Agent shall either inform Borrowing Representative that Lenders have declined to provide such financing or Agent
shall deliver a term sheet setting forth the proposed terms and conditions on which Lenders will seek approval to provide such
financing. Upon acceptance in writing of such proposed term sheet by Borrowing Representative, Lenders shall seek credit approval
for such financing and inform Borrowing Representative within thirty (30) days of receipt of such accepted term sheet as to whether
or not Lenders have received approval with respect thereto. If Lenders have declined to provide such financing or Borrowers have
not accepted the proposed term sheet, Borrower may seek Outside Financing to provide such financing,

 

7.24        Life
Insurance. Credit Parties shall maintain each Life Insurance Policy in full force and effect and if any Life Insurance Policy
shall be scheduled to terminate within thirty (30) days, such Credit Party shall deliver to Agent a satisfactory renewal thereof.
Credit Parties shall pay all premiums on the Life Insurance Policy when due and shall take any other action that impairs the value
of the Life Insurance Policy.

 

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7.25        Subsidiaries.
Within ten (10) Business Days following the time that any Credit Party forms any direct or indirect Subsidiary (other than an Excluded
Subsidiary or a direct or indirect Subsidiary of an Excluded Subsidiary) or acquires any direct or indirect Subsidiary (other than
an Excluded Subsidiary or a direct or indirect Subsidiary of an Excluded Subsidiary) after the Effective Date, within ten (10)
Business Days of such event (or such later date as permitted by Agent in its sole discretion), Credit Parties shall (a) cause such
new Subsidiary to become a Guarantor and to grant Agent a first priority Lien (subject to Permitted Liens) in and to the assets
of such newly formed or acquired Subsidiary, (b) provide, or cause the applicable Credit Party to provide, to Agent a pledge agreement
and appropriate certificates and powers or financing statements, pledging all of the direct or beneficial ownership Equity Interests
owned by such Credit Party in such new Subsidiary in form and substance reasonably satisfactory to Agent; provided that with respect
to a Foreign Subsidiary of any Credit Party, such Credit Party shall only be required to pledge sixty five percent (65%) of the
outstanding voting Equity Interests held by such Credit Party and (c) provide to Agent all other documentation, including one or
more opinions of counsel reasonably satisfactory to Agent, which, in its opinion, is appropriate with respect to the execution
and delivery of the applicable documentation referred to above Nothing contained in this Section 7.25 shall prohibit any
Credit Party from forming or acquiring a Subsidiary that will be an Excluded Subsidiary.

 

7.26        Foreign
Assets Control Regulations; Anti-Money Laundering; Anti-Corruption Practices.

 

(a)          Each
Credit Party and each Subsidiary of each Credit Party is in compliance in all material respects with all Sanctions. No Credit Party
and no Subsidiary of a Credit Party (i) is a Person on the list of the Specially Designated Nationals and Blocked Persons (the
“SDN List”), (ii) is a person who is otherwise the target of U.S. economic sanctions laws such that a U.S. person
cannot deal or otherwise engage in business transactions with such person, (iii) is a Person organized or resident in a Sanctioned
Country, or (iv) to the knowledge of the Credit Parties, is owned or controlled by (including by virtue of such Person being a
director or owning voting shares or interests), or acts, directly or indirectly, for or on behalf of, any Person on the SDN List
or a government of a Sanctioned Country such that the entry into, or performance under, this Agreement or any other Loan Document
would be prohibited by U.S. law.

 

(b)          Each
Credit Party and each Subsidiary of each Credit Party is in compliance in all material respects with all laws related to terrorism
or money laundering (“Anti-Money Laundering Laws”) including: (i) all applicable requirements of the Currency
and Foreign Transactions Reporting Act of 1970 (31 U.S.C. 5311 et. seq., (the Bank Secrecy Act)), as amended by Title III of the
USA Patriot Act, (ii) the Trading with the Enemy Act, and (iii) Executive Order No. 13224 on Terrorist Financing, effective September
24, 2001 (66 Fed. Reg. 49079), any other enabling legislation, executive order or regulations issued pursuant or relating thereto.
No action, suit or proceeding by or before any court or Governmental Authority with respect to compliance with such Anti-Money
Laundering Laws is pending or threatened to the knowledge of each Credit Party and each Subsidiary of each Credit Party.

 

(c)          Each
Credit Party and each Subsidiary of each Credit Party is in compliance in all material respects with all applicable anti-corruption
laws, including the U.S. Foreign Corrupt Practices Act of 1977 (“FCPA”) (“Anti-Corruption Laws”).
No Credit Party or any Subsidiary of such Credit Party, nor to the knowledge of such Credit Party, any director, officer, agent,
employee, or other person acting on behalf of such Credit Party or such Subsidiary, has taken any action, directly or indirectly,
that would result in a violation of applicable Anti-Corruption Laws.

 

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(d)          Each
Credit Party and each Subsidiary of such Credit Party has instituted and will continue to maintain policies and procedures designed
to ensure compliance by such Credit Party, each such Subsidiary and their respective directors, officers, employees and agents
with Sanctions, Anti-Money Laundering Laws and Anti-Corruption Laws.

 

(e)          As
of the Effective Date, the information included in the Beneficial Ownership Certification is true and correct in all material respects.

 

7.27        H
Heritage Purchase Agreement. As of the Effective Date, Initial Borrower has delivered to Agent a complete and correct copy
of the H Heritage Purchase Agreement (including all schedules, exhibits, amendments, supplements, modifications, assignments and
all other documents delivered pursuant thereto or in connection therewith). No Credit Party and, to the knowledge of the Credit
Parties, no other Person party thereto is in default in the performance or compliance with any material provisions thereof. The
H Heritage Purchase Agreement complies with, and the H Heritage Acquisition has been consummated in accordance with, all applicable
laws. The H Heritage Purchase Agreement is in full force and effect as of the Effective Date and as of the Effective Date has not
been terminated, rescinded or withdrawn. All requisite approvals by Governmental Authorities having jurisdiction over any Credit
Party or the other Persons party to the H Heritage Purchase Agreement have been obtained, and no such approvals impose any conditions
to the consummation by such Credit Party of the transactions contemplated by the H Heritage Purchase Agreement or to the conduct
by any Credit Party of its business thereafter. To the best of each Credit Party’s knowledge, none of the representations
or warranties in the H Heritage Purchase Agreement contain any untrue statement of a material fact or omit any fact necessary to
make the statements therein not misleading.

 

8.           FINANCIAL
REPORTS; FINANCIAL COVENANTS

 

8.1          Reports
and Notices. From the Effective Date until the Termination Date, each Borrowing Representative shall deliver to Agent and each
Lender:

 

(a)          within
sixty (60) days following the end of each Fiscal Quarter, the Financial Statements for such Fiscal Quarter on a consolidated and
consolidating basis, setting forth in each case in comparative form the figures as of the end of and for the corresponding period,
in the previous Fiscal Year and accompanied by a Compliance Certificate executed by the Chief Executive Officer, Chief Financial
Officer or Director of Borrowing Representative;

 

(b)          within
one hundred and twenty (120) days following the close of each Fiscal Year, the Financial Statements for such Fiscal Year on a consolidated
basis certified by CohnReznick LLP or another independent certified accounting firm or recognized standing reasonably acceptable
to Agent, which shall provide comparisons to the prior Fiscal Year, and shall be accompanied by (i) a statement in reasonable detail
showing the calculations used in determining compliance with the financial covenants hereunder, (ii) any management letter that
may be issued, (iii) unaudited consolidating Financial Statements for such Fiscal Year on a consolidating basis and (iv) a Compliance
Certificate executed by the Chief Executive Officer, Chief Financial Officer or Director of Borrowing Representative;

 

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(c)          within
sixty (60) days after the close of each calendar quarter a copy of its Quarterly Royalty Collections Report showing actual royalties
billed and collected in the period covered thereby and setting forth the GMR for such period;

 

(d)          within
one hundred and twenty (120) days following the close of each Fiscal Year, projections of the consolidated and consolidating financial
performance of Initial Borrower and the Included Subsidiaries for the forthcoming two (2) Fiscal Years on a year by year basis
and for the forthcoming Fiscal Year on a month by month basis;

 

(e)          promptly
upon their distribution, copies of all financial statements, reports and proxy statements which Initial Borrower shall have sent
to its Equity Interests Holders, promptly after the sending or filing thereof, copies of all regular and periodic reports which
Initial Borrower shall file with the London Stock Exchange, the Securities and Exchange Commission or any other securities exchange;

 

(f)           each
Borrower will cause each Guarantor to comply with the financial reporting requirements set forth in their respective Guaranties;
and

 

(g)          together
with each Compliance Certificate, Borrower shall provide Lender with: (i) a calculation of the financial covenants set forth on
Schedule II; (ii) detail with respect to the exclusions with respect to changes in operating assets and liabilities as set
forth on the cash flow statement of Initial Borrower and the Included Subsidiaries as reported in the calculation of the Fixed
Charge Coverage Ratio; and (iii) detail with respect to the tax benefits of redemptions of Equity Interests in such period.

 

8.2          Financial
Covenants. No Borrower shall breach any of the financial covenants set forth in Schedule II.

 

8.3          Other
Reports and Information. Each Credit Party shall advise Agent promptly, in reasonable detail, of: (a) any Lien, other than
Permitted Liens, attaching to or asserted against any of the Collateral or any occurrence causing a material loss or decline in
value of any Collateral and the estimated (or actual, if available) amount of such loss or decline; (b) any material change in
the composition of the Collateral; (c) the occurrence of any Default, Event of Default or other event which has had or could reasonably
be expected to have a Material Adverse Effect; and (d) any actual or alleged breaches of any Material Contract or termination or
threat to terminate any Material Contract or any amendment to or modification of a Material Contract, in each case which affect
in a material respect the amount payable to a Credit Party thereunder or could otherwise reasonably be expected to have a Material
Adverse Effect, or the execution of any new Material Contract by any Credit Party. Each Credit Party shall, upon request of Agent,
furnish to Agent such other reports and information in connection with the affairs, business, financial condition, operations,
prospects or management of such Credit Party or the Collateral as Agent may request, all in reasonable detail.

 

8.4          Trademarks
and License Agreements. Borrower shall provide (i) written notice to Agent immediately upon any occurrence of the termination
of any Material Contract and (ii) within forty-five (45) days after the close of each calendar quarter a written report summarizing
all material changes to and material defaults under any Material Contract.

 

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8.5          Intentionally
Omitted.

 

8.6          Bank
Accounts. Each Credit Party shall maintain its primary deposit accounts and operating accounts at Agent in accordance with
the standard account documents of Agent such that at least 80% of the aggregate amount of cash of such Persons are in deposit accounts
at Agent.

 

9.           NEGATIVE
COVENANTS

 

Each Credit Party covenants
and agrees that from the Effective Date until the Termination Date, such Credit Party shall not, directly or indirectly, by operation
of law or otherwise:

 

(a)          consummate
an Acquisition or otherwise combine with or make any investment in any Person, except (i) any Subsidiary of a Borrower may dispose
of any or all of its assets (upon voluntary liquidation or otherwise) to an Included Subsidiary; (ii) any Credit Party may be merged
or consolidated with or into another Credit Party except that if a Borrower is a party to such merger or consolidation, such Borrower
shall be the continuing or surviving entity; (iii) a Permitted Acquisition; (iv) an Acquisition consummated by an Excluded Subsidiary
provided that such Acquisition is not consummated with the proceeds of a Loan and, to the extent such Acquisition is consummated
with Outside Financing, such Borrower has complied with Section 7.23; (v) investments in Excluded Subsidiaries, provided
that prior to or after giving effect thereto no Event of Default shall occur or be continuing; and (vi) investments in a Person
in which one or more Persons other than any the Credit Parties or their Subsidiaries owns 50% or more of Equity Interests, provided
that prior to or after giving effect thereto no Event of Default shall occur or be continuing;

 

(b)          cancel
any debt owing to it or create, incur, assume or permit to exist any Indebtedness, except: (i) the Obligations, (ii) Indebtedness
existing as of the Effective Date set forth on Disclosure Schedule 9(b), and any refinancings, refundings, renewals or extensions
thereof (without any increase in the principal amount thereof and any shortening of the maturity of any principal amount thereof)
except that any Credit Party may amend Disclosure Schedule 9(b) to (A) modify the manner, calculations or mechanics by which
amounts thereunder are payable in Equity Interests of Initial Borrower and (B) extend the maturity of all or any portion of the
Indebtedness evidenced thereby; (iii) deferred taxes, (iv) by endorsement of instruments or items of payment for deposit to the
general account of such Credit Party, (v) for Guaranteed Indebtedness incurred for the benefit of a Borrower if the primary obligation
is permitted by this Agreement; (vi) additional Indebtedness (including Purchase Money Indebtedness) incurred after the Effective
Date in an aggregate outstanding amount for Credit Parties not exceeding the $750,000; (vii) unsecured indebtedness not to exceed
$500,000 in the aggregate at any time outstanding; (viii) indebtedness under Rate Contracts entered in the ordinary course of business
in order to mitigate interest rate, currency or similar risks and not for speculative purposes with respect to the Term Loans;

 

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(c)          enter
into any lending, borrowing or other commercial transaction with any of its employees, directors or Affiliates (including upstreaming
and downstreaming of cash and intercompany loan and advances) other than (i) transactions on terms not materially less favorable
than if the transaction had been negotiated in good faith on an arm’s length basis with a non-Affiliate, (ii) loans or advances
to employees in the ordinary course of business in an aggregate outstanding amount not exceeding the Minimum Actionable Amount
and (iii) the allocation by Initial Borrower of general administrative and other corporate expenses of Initial Borrower to
any other Credit Party in accordance with Initial Borrower’s expense allocation method that is an acceptable methodology
with segment reporting;

 

(d)          make
any changes in any of its business objectives, purposes, or operations which could reasonably be expected to adversely affect repayment
of the Obligations or could reasonably be expected to have a Material Adverse Effect or engage in any business other than that
presently engaged in or amend its charter or by-laws or other organizational documents;

 

(e)          create
or permit any Lien on any of its properties or assets, except for Permitted Liens and Liens to secure Outside Financing on the
Equity Interests held in Excluded Subsidiaries;

 

(f)           sell,
transfer, issue, convey, assign or otherwise dispose of any of its assets or properties, including its Accounts or any shares of
its Equity Interests or engage in any sale-leaseback, synthetic lease or similar transaction except for (i) dispositions of obsolete,
worn out or damaged Equipment not used in any Credit Party’s business; (ii) as permitted pursuant to the terms of the Intellectual
Property Security Agreement; (iii) the sale of Inventory in the ordinary course of business; (iv) the disposition of other assets
having a fair market value not to exceed $750,000 in the aggregate in any Fiscal Year; (v) any settlement of or payment in respect
of any property or casualty insurance claim or any condemnation proceeding relating to any property of any Credit Party if such
property is Collateral; (vi) non-exclusive licenses of Intellectual Property in the ordinary course of business; (vii) any transfer,
conveyance, assignment or other disposition from one Credit Party to another Credit Party.

 

(g)          change
its name, state of incorporation or organization, chief executive office, corporate offices, warehouses or other Collateral locations,
or location of its records concerning the Collateral, or acquire, lease or use any real estate after the Effective Date without
such Credit Party, in each instance, giving thirty (30) days prior written notice thereof to Agent and taking all actions deemed
necessary or appropriate by Agent to continuously protect and perfect Agent’s Liens upon the Collateral or store or hold
any assets of another Person other than advertising contributions, royalty advances and security deposits received by a Credit
Party in the ordinary course of business except to the extent Agent has received notice thereof;

 

(h)          make
or permit any Restricted Payment other than: (i) any Subsidiary of a Credit Party may make such payments to such Credit Party;
(ii) Pass Thru Distributions on a quarterly basis not more than five (5) business days prior to the date on which any quarterly
estimated tax payment is payable; provided, however, that, upon determination of the actual tax liability with respect to the taxable
income of a Credit Party for any tax year, the next quarterly estimated payment shall be increased or reduced by the difference
between the estimated payments made during such tax year and such actual tax liability; (iii) subject to compliance with the Cash
Flow Recapture Requirement for such Fiscal Year, Initial Borrower may make distributions from Excess Cash Flow on or after January
1, 2016, in an amount not to exceed fifty percent (50%) of Excess Cash Flow; (iv) dividend payments or distributions in the form
of Equity Interests; and (v) as long as no Event of Default has occurred and is continuing or would arise as a result thereof and
after giving effect to such payment Initial Borrower has retained funds in amount equal to ten percent (10%) of the Excess Cash
Flow for the most recently completed Fiscal Quarter, any Credit Party may redeem Equity Interests from officers, directors and
employees of such Credit Party.

 

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10.         SECURITY
INTEREST

 

10.1        Grant
of Security Interest.

 

(a)          As
collateral security for the prompt and complete payment and performance of all of the Obligations, each Credit Party executing
this Agreement hereby grants to Agent for the benefit of Secured Parties a security interest in and Lien upon all of its property
and assets, whether real or personal, tangible or intangible, and whether now owned or hereafter acquired, or in which it now has
or at any time in the future may acquire any right, title, or interest, including all of the following property in which it now
has or at any time in the future may acquire any right, title or interest: all Accounts; all Deposit Accounts and all funds on
deposit therein; all cash and cash equivalents; all commodity contracts; all investments, Equity Interests and Investment Property;
all Inventory; all Equipment; all Goods; all Chattel Paper, all Documents; all Instruments; all Books and Records; all General
Intangibles; all Supporting Obligations; all Letter-of-Credit Rights; and to the extent not otherwise included, all Proceeds and
products of all and any of the foregoing and all collateral security and guarantees given by any Person with respect to any of
the foregoing, but excluding in all events Hazardous Waste and the Excluded Equity Interests (all of the foregoing, together with
any other collateral pledged to Agent for the benefit of Secured Parties pursuant to any other Loan Document, collectively, the
“Collateral”).

 

(b)          Each
Credit Party executing this Agreement and Agent agree that this Agreement creates, and is intended to create, valid and continuing
Liens upon the Collateral in favor of Agent for the benefit of Secured Parties. Each such Credit Party represents, warrants and
promises to Agent and Lenders that: (i) such Credit Party is the sole owner of each item of the Collateral upon which it purports
to grant a Lien pursuant to the Loan Documents, and has good and marketable title thereto free and clear of any and all Liens or
claims of others, other than Permitted Liens; (ii) the security interests granted pursuant to this Agreement will constitute valid
perfected security interests in all of the Collateral in favor of Agent for the benefit of Secured Parties as security for the
prompt and complete payment and performance of the Obligations, enforceable in accordance with the terms hereof against any and
all creditors of and purchasers from such Credit Party (other than purchasers of Inventory in the ordinary course of business)
and such security interests are prior to all other Liens on the Collateral in existence on the date hereof except for Permitted
Liens which have priority by operation of law; and (iii) no effective security agreement, financing statement, equivalent
security or Lien instrument or continuation statement covering all or any part of the Collateral is or will be on file or of record
in any public office, except those relating to Permitted Liens. Each Credit Party executing this Agreement promises to defend the
right, title and interest of Agent in and to the Collateral against the claims and demands of all Persons whomsoever (other than
with respect to Permitted Liens), and each Credit Party shall take such actions, including (x) the prompt delivery of all negotiable
Documents, original Instruments, Chattel Paper and certificated Equity Interests owned by such Credit Party to Agent, (y) notification
of Agent’s interest in Collateral at Agent’s request, and (z) the institution of litigation against third parties as
shall be prudent in order to protect and preserve such Credit Party’s and Agent’s respective and several interests
in the Collateral. Each Credit Party executing this Agreement shall mark its Books and Records pertaining to the Collateral to
evidence the Loan Documents and the Liens granted under the Loan Documents. All Chattel Paper shall be marked with the following
legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of Bank Hapoalim
B.M., as Agent.”

 

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(c)          Each
Credit Party executing this Agreement shall take such action reasonably requested by Agent to obtain waivers or subordinations
of Liens from landlords and mortgagees, and each Credit Party shall in all instances obtain signed acknowledgments of Agent’s
Liens from bailees having possession of such Credit Party’s Goods that they hold for the benefit of Agent.

 

(d)          Each
Credit Party executing this Agreement shall promptly, and in any event within two (2) Business Days after becoming a beneficiary
under a letter of credit, notify Agent thereof and thereafter enter into a tri-party agreement with Agent and the issuer and/or
confirmation bank with respect to Letter-of-Credit Rights assigning such Letter-of-Credit Rights to Agent and directing all payments
thereunder to Agent, all in form and substance reasonably satisfactory to Agent.

 

(e)          Each
Credit Party executing this Agreement shall take all steps as Agent may reasonably request to grant Agent control of all electronic
chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic
Transactions Act and the Electronic Signatures in Global and National Commerce Act.

 

(f)           Each
Credit Party executing this Agreement hereby irrevocably authorizes Agent at any time and from time to time to file in any filing
office in any Uniform Commercial UCC jurisdiction any initial financing statements and amendments thereto that (i) indicate the
Collateral (x) as all assets of such Credit Party or words of similar effect, regardless of whether any particular asset comprised
in the Collateral falls within the scope of Article 9 of the UCC or such jurisdiction, or (y) as being of an equal or lesser scope
or with greater detail, and (ii) contain any other information required by Part 5 of Article 9 of the UCC or the filing office
for acceptance of any financing statement or amendment, including whether each Credit Party is an organization, the type of organization
and any organization identification number issued to each Credit Party, and in the case of a financing statement filed as a fixture
filing or indicating Collateral as as-extracted collateral or timber to be cut, a sufficient description of real property to which
the Collateral relates. Each Credit Party agrees to furnish any such information to Agent promptly upon request. Each Credit Party
also ratifies its authorization for Agent to have filed any initial financing statements or amendments thereto if filed prior to
the date hereof.

 

(g)          Each
Credit Party shall promptly, and in any event within two (2) Business Days after the same is acquired by it, notify Agent of any
commercial tort claim (as defined in the UCC) acquired by it and unless otherwise consented by Agent, each Credit Party shall enter
into a supplement to this Agreement, granting to Agent for the benefit of Secured Parties a Lien in such commercial tort claim.

 

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10.2        Agent’s
Rights.

 

(a)          Agent
may (i) at any time in Agent’s own name or in the name of each Credit Party, communicate with Account Debtors, parties to
Contracts, and obligors in respect of Instruments, Chattel Paper or other Collateral to verify to Agent’s satisfaction, the
existence, amount and terms of any such Accounts, Contracts, Instruments or Chattel Paper or other Collateral, and (ii) following
the occurrence of an Event of Default, at any time and without prior notice to any Credit Party notify Account Debtors, parties
to Contracts, and obligors in respect of Chattel Paper, Instruments, or other Collateral that the Collateral has been assigned
to Agent and that payments shall be made directly to Agent. Upon the request of Agent, each Credit Party shall so notify such Account
Debtors, parties to Contracts, and obligors in respect of Instruments, Chattel Paper or other Collateral. Each Credit Party hereby
constitutes Agent or Agent’s designee such Credit Party’s attorney with power to endorse such Credit Party’s
name upon any notes, acceptance drafts, money orders or other evidences of payment or Collateral.

 

(b)          Each
Credit Party shall remain liable under each Contract, Instrument and License to observe and perform all the conditions and obligations
to be observed and performed by it thereunder, and neither Agent nor any Lender shall have any obligation or liability whatsoever
to any Person under any Contract, Instrument or License (between any Credit Party and any Person other than Agent or any Lender)
by reason of or arising out of the execution, delivery or performance of this Agreement, and neither Agent nor any Lender shall
be required or obligated in any manner (i) to perform or fulfill any of the obligations of any Credit Party, (ii) to make any payment
or inquiry, or (iii) to take any action of any kind to collect, compromise or enforce any performance or the payment of any amounts
which may have been assigned to it or to which it may be entitled at any time or times under or pursuant to any Contract, Instrument
or License.

 

10.3        Agent’s
Appointment as Attorney-in-Fact. On the Effective Date, each Credit Party shall execute and deliver a Power of Attorney in
the form attached as Exhibit D. The power of attorney granted pursuant to the Power of Attorney and all powers granted under
any Loan Document are powers coupled with an interest and shall be irrevocable until the Termination Date. The powers conferred
on Agent under the Power of Attorney are solely to protect Agent’s interests in the Collateral and shall not impose any duty
upon it to exercise any such powers. Agent agrees, except for the powers granted in clause (h) of the Power of Attorney, not to
exercise any power or authority granted under the Power of Attorney unless an Event of Default has occurred and is continuing.
Each Credit Party authorizes Agent to file any financing or continuation statement without the signature of Borrowers to the extent
permitted by applicable law. NONE OF AGENT OR ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR REPRESENTATIVES SHALL BE
RESPONSIBLE TO ANY CREDIT PARTY FOR ANY ACT OR FAILURE TO ACT UNDER ANY POWER OF ATTORNEY OR OTHERWISE, EXCEPT IN RESPECT OF DAMAGES
ATTRIBUTABLE SOLELY TO THEIR OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AS FINALLY DETERMINED BY A COURT OF COMPETENT JURISDICTION,
OR FOR ANY PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES.

 

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10.4        Grant
of License to Use Intellectual Property Collateral. In connection with the exercise of Agent’s rights and remedies with
respect to the Collateral following an acceleration of the Obligations, each Credit Party hereby grants to Agent an irrevocable,
non-exclusive license without payment of royalty or other compensation to any Credit Party, but subject to the terms of any agreements
relating thereto (including the payment of royalties required thereunder), to use, transfer, license or sublicense any Intellectual
Property now owned, licensed to, or hereafter acquired by any Credit Party, and wherever the same may be located, and including
in such license access to all media in which any of the licensed items may be recorded or stored and to all computer software and
programs used for the compilation or printout thereof; provided, that such license will terminate on the Termination Date and all
amounts received by Agent with respect thereto shall be applied to the Obligations.

 

10.5        Terminations;
Amendments Not Authorized. Each Credit Party executing this Agreement acknowledges that it is not authorized to file any financing
statement or amendment or termination statement with respect to any financing statement without the prior written consent of Agent
and agrees that it will not do so without the prior written consent of Agent, subject to Borrower’s rights under Section
9-509(d)(2) of the UCC.

 

10.6        Inspections.
At all times following the occurrence of a Default or an Event of Default and up to one time during each 6-month period, absent
the occurrence of a Default or an Event of Default, at a time during normal business hours mutually agreeable to Agent and Borrowing
Representative, Agent shall have the right, at the cost and expense of Borrowers, to (a) have access to, visit, inspect, review,
evaluate and make physical verification and appraisals of each Credit Party’s properties and the Collateral, (b) inspect,
examine and copy (or take originals if necessary) and make extracts from such Credit Party’s Books and Records, including
management letters prepared by independent accountants, and (c) discuss with each Credit Party’s principal officers, and
independent accountants, each Credit Party’s business, assets, liabilities, financial condition, results of operations and
business prospects. Each Credit Party will deliver to Agent any instrument necessary for Agent to obtain records from any service
bureau maintaining records for such Credit Party.

 

11.         TERM

 

11.1        Term
of Agreement. Any obligation of Lenders to make Loans and extend their financial accommodations under this Agreement or any
Loan Document shall continue in full force and effect until the expiration of the applicable Term. The termination of the Agreement
shall not affect any of Agent’s or any Lender’s rights hereunder or any Loan Document and the provisions hereof and
thereof shall continue to be fully operative until all transactions entered into, rights or interests created and the Obligations
have been paid or performed in full. Notwithstanding the foregoing, Agent shall release its security interests at any time upon
payment to it of all Obligations if each Credit Party shall have provided Agent with an executed release of any and all claims
which Credit Parties may have or thereafter have under this Agreement and/or any Loan Document.

 

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11.2        Termination
of Lien. The Liens and rights granted to Agent hereunder and any Loan Documents and the financing statements filed in connection
herewith or therewith shall continue in full force and effect, notwithstanding the termination of any obligation to extend financial
accommodations under this Agreement or the fact that Borrowers’ account may from time to time be temporarily in a zero or
credit position, until all of the Obligations have been paid or performed in full after the termination of this Agreement or each
Credit Party has furnished Agent with an indemnification satisfactory to Agent with respect thereto. Agent shall not be required
to send such termination statements to any Credit Party, or to file them with any filing office, unless and until all obligations
to extend financial accommodations under the Loan Documents shall have been terminated in accordance with their terms and all Obligations
paid or performed in full.

 

11.3        Release
of Lien. Agent shall release any Lien held by Agent hereunder and under any other Loan Documents and the financing statements
filed in connection herewith or therewith against any part of the Collateral is sold or disposed of by any Credit Party if such
sale or disposition is permitted by this Agreement or is otherwise consented to by Required Lenders.

 

12.         EVENTS
OF DEFAULT

 

12.1        Events
of Default. If any one or more of the following events (each, an “Event of Default”) shall occur and be
continuing:

 

(a)          any
Borrower (i) shall fail to pay the principal of any Loan when and as the same shall become due and payable (whether at maturity,
by acceleration or otherwise) or (ii) shall fail to pay interest on any Loan, any fees payable hereunder or any other Obligations
within three (3) Business Days of when such becomes due and payable; or

 

(b)          any
representation or warranty made or deemed made in or in connection with this Agreement or any other Loan Document or as an inducement
to enter into this Agreement or any other Loan Document or any representation, warranty, statement or information contained in
any report, certificate, financial statement or other instrument or agreement furnished in connection with or pursuant to this
Agreement or any other Loan Document shall prove to have been false or misleading in any material respect when made, deemed to
be made or furnished; or

 

(c)          (i)
any Credit Party shall fail or neglect to perform, keep or observe any of the covenants, promises, agreements, requirements, conditions
or other terms or provisions contained in Sections 7.1, 7.3, 7.18, 7.19, 8.2 and 9 of
this Agreement; or (ii) any Credit Party shall fail or neglect to perform, keep or observe any of the other covenants, promises,
agreements, requirements, conditions or other terms or provisions contained in this Agreement (other than those set forth in the
Sections referred to in clause (i) immediately above) or any of the other Loan Documents and such breach is not remediable or,
if remediable, continues unremedied for a period of thirty (30) days after the earlier to occur of (x) the date on which any officer
of any Credit Party becomes aware of such breach and (y) the date on which Agent shall have notified any Credit Party of such breach;
or

 

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(d)          this
Agreement or any other Loan Document shall not be for any reason, or shall be asserted by any Credit Party not to be, in full force
and effect in all material respects in accordance with its terms or the Lien granted or intended to be granted to Agent pursuant
to this Agreement or any other Loan Document shall cease to be a valid and perfected Lien having the first priority (or a lesser
priority if expressly permitted in this Agreement or another Loan Document); or

 

(e)          any
judgment involving an aggregate liability of $750,000 or more (excluding amounts covered by insurance to the extent the relevant
third party insurers have agreed in writing to cover such amounts) shall be rendered against any Credit Party or there shall be
any attachment or execution against any of the assets or properties of any Credit Party, and such judgment, attachment or execution
remains unpaid, unstayed or undismissed for a period of thirty (30) days from the date of such judgment; or

 

(f)           any
Credit Party shall be dissolved or shall generally not pay, or shall be generally unable to pay its debts as such debts become
due, or shall admit in writing its inability to pay its debts generally, or shall make a general assignment for the benefit of
creditors; or any proceeding shall be instituted or a petition shall be filed by or against any Credit Party seeking to adjudicate
it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief or
composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking
the entry of an order for relief or the appointment of a receiver, trustee, custodian or other similar official for it or for any
substantial part of its property and , in the case of any such proceeding filed against a Credit Party, such proceeding shall continue
undismissed or unstayed for sixty (60) days; or any Credit Party shall take any action to authorize any of the actions set forth
above in this clause (f); or

 

(g)          any
Credit Party shall (i) fail to pay any principal or interest, regardless of amount, due in respect of Indebtedness exceeding $500,000
when and as the same shall become due and payable or (ii) fail to observe or perform any other term, covenant, condition or agreement
contained in any agreements or instruments evidencing or governing any such Indebtedness if the effect of any failure referred
to in this clause (ii) is to cause, or to permit the holder or holders of such indebtedness or a trustee on its or their behalf
to cause, such Indebtedness to become due prior to its stated maturity; or

 

(h)          the
occurrence of a Change of Control or Change of Management; or

 

(i)           there
shall be commenced against any Credit Party any Litigation seeking issuance of a warrant of attachment, execution, distraint or
similar process against all or any substantial part of its assets which results in the entry of an order for any such relief which
remains unstayed or undismissed for thirty (30) consecutive days; or any Credit Party shall have concealed, removed or permitted
to be concealed or removed, any part of its property with intent to hinder, delay or defraud any of its creditors or made or suffered
a transfer of any of its property or the incurring of an obligation which may be fraudulent under any bankruptcy, fraudulent transfer
or other similar law; or

 

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(j)           the
termination of, any amendment or other modification to, or any default under any QVC Agreement, or any other Revenue License but
only to the extent such event could reasonably be expected to have a Material Adverse Effect on any Credit Party’s business
or financial condition and, with respect to any such termination, the applicable Credit Party has not replaced the applicable agreement
within sixty (60) days of such termination in the case of any QVC Agreement or within ninety (90) days of such termination in the
case of any other such agreement, in each case with a similar agreement which generates revenue at least equivalent to the agreement
which was terminated; or

 

(k)          the
occurrence of any event with Elizabeth Arden that results in a material adverse effect on the value of the Intellectual Property
purchased pursuant to the Asset Purchase Agreement dated as of December 22, 2014 among Initial Borrower, H Licensing and The H
Company IP, LLC or the H Heritage Purchase Agreement; or

 

(l)           any
Credit Party shall take or participate in any action which would be prohibited under the provisions of any Subordination Agreement
or Intercreditor Agreement or make any payment on the Subordinated Debt that any Person was not entitled to receive under the provisions
of the applicable Subordination Agreement or Intercreditor Agreement;

 

then, and in any such event and at any time
thereafter, if such or any other Event of Default shall then be continuing, Agent in its sole discretion may, and at the direction
of the Required Lenders shall, declare any or all of the Obligations to be due and payable, and the same shall immediately become
due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, other than
the notices required by this Section 12.1; provided, however, if an Event of Default under paragraph
(f) above shall occur and be continuing, then all of the Obligations shall become immediately due and payable without any necessary
action or notice by Agent.

 

12.2        Remedies.

 

(a)          In
addition to the rights and remedies set forth in Section 12.1, if any Event of Default shall have occurred and be continuing,
Agent may, without notice except to the extent required by applicable law, require that all Letter of Credit Obligations be fully
cash collateralized pursuant to Schedule IV, or exercise any rights and remedies provided to Agent under the Loan Documents
or at law or equity, including all remedies provided under the UCC.

 

(b)          Without
limiting the generality of the foregoing, each Credit Party expressly agrees that upon the occurrence of any Event of Default and
expiration of the applicable cure period, Agent may take any action necessary to collect, receive, assemble, process, appropriate
and realize upon the Collateral, or any part thereof, or appoint a third party to do so and may forthwith sell, lease, assign,
give an option or options to purchase or otherwise dispose of and deliver said Collateral (or contract to do so), or any part thereof,
in one or more parcels at public or private sale or sales, at any exchange at such prices as it may deem best, for cash or on credit
or for future delivery. Agent shall have the right upon any such public sale, to the extent permitted by law, to purchase for the
benefit of Secured Parties the whole or any part of said Collateral so sold, free of any right of equity of redemption, which right
each Credit Party hereby releases. Such sales may be adjourned or continued from time to time with or without notice. Agent shall
have the right to conduct such sales on any Credit Party’s premises or elsewhere and shall have the right to use any Credit
Party’s premises without rent or other charge for such sales or other action with respect to the Collateral for such time
as Agent deems necessary or advisable.

 

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(c)          Upon
the occurrence and during the continuance of an Event of Default and expiration of any applicable cure period, and at Agent’s
request, each Credit Party further agrees to assemble the Collateral and make it available to Agent at places which Agent shall
reasonably select, whether at its premises or elsewhere. Agent shall have no obligation to any Credit Party to maintain or preserve
the rights of any Credit Party as against third parties with respect to any Collateral while such Collateral is in the possession
of Agent. Agent may, if it so elects, seek the appointment of a receiver or keeper to take possession of any Collateral and to
enforce any of Agent’s remedies with respect thereto without prior notice or hearing. To the maximum extent permitted by
applicable law, each Credit Party waives all claims, damages, and demands against Agent, its Affiliates, agents, and the officers
and employees of any of them arising out of the repossession, retention or sale of any Collateral except such as are determined
in a final judgment by a court of competent jurisdiction to have arisen solely out of the gross negligence or willful misconduct
of such Person. Each Credit Party agrees that ten (10) days prior notice by Agent to each Credit Party of the time and place of
any public sale or of the time after which a private sale may take place is reasonable notification of such matters. Each Credit
Party shall remain liable for any deficiency if the proceeds of any sale or disposition of the Collateral are insufficient to pay
all amounts to which Agent and Lenders are entitled.

 

(d)          Agent’s
and Lenders’ rights and remedies under this Agreement shall be cumulative and nonexclusive of any other rights and remedies
which Agent or any Lender may have under any other Loan Document or at law or in equity. Recourse to the Collateral shall not be
required. All provisions of this Agreement are intended to be subject to all applicable mandatory provisions of law that may be
controlling and to be limited, to the extent necessary, so that they do not render this Agreement invalid or unenforceable, in
whole or in part.

 

12.3        Waivers.
Except as otherwise provided for in this Agreement and to the fullest extent permitted by applicable law, each Credit Party waives:
(a) presentment, demand and protest, and notice of presentment, dishonor, intent to accelerate, acceleration, protest, default,
nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all Loan Documents, the Notes, Accounts,
Contracts, Documents, Instruments, Chattel Paper and guaranties at any time held by Agent or any Lender on which any Credit Party
may in any way be liable; (b) all rights to notice and a hearing prior to Agent’s taking possession or control of, or to
Agent’s replevy, attachment or levy upon, any Collateral or any bond or security which might be required by any court prior
to allowing Agent to exercise any of its remedies; and (c) the benefit of all valuation, appraisal and exemption laws. Each Credit
Party acknowledges that it has been advised by counsel of its choices and decisions with respect to this Agreement, the other Loan
Documents and the transactions evidenced hereby and thereby.

 

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12.4        Proceeds.
The Proceeds of any sale, disposition or other realization upon any Collateral shall be applied by Agent upon receipt to the Obligations
in such order as Agent may deem advisable in its sole discretion (including the cash collateralization of any Letter of Credit
Obligations) and after the indefeasible payment and satisfaction in full in cash of all of the Obligations, and after the payment
by Agent of any other amount required by any provision of law, including the UCC, the surplus, if any, shall be paid to Borrowers
or their representatives or to whomsoever may be lawfully entitled to receive the same, or as a court of competent jurisdiction
may direct.

 

13.         AGENT

 

13.1        Appointment
and Duties.

 

(a)          Each
Lender and each LC Issuer hereby appoints Agent (together with any successor Agent pursuant to Section 13.9) as agent hereunder
and authorizes Agent to (i) execute and deliver the Loan Documents and accept delivery thereof on its behalf from any Credit Party,
(ii) take such action on its behalf and to exercise all rights, powers and remedies and perform the duties as are expressly delegated
to Agent under such Loan Documents and (iii) exercise such powers as are incidental thereto.

 

(b)          Without
limiting the generality of clause (a) above, Agent shall have the sole and exclusive right and authority (to the exclusion of Lenders
and LC Issuers), and is hereby authorized, to (i) act as the disbursing and collecting agent for Lenders and LC Issuer with respect
to all payments and collections arising in connection with the Loan Documents (including in any proceeding described in Section
12.1(f) or any other bankruptcy, insolvency or similar proceeding), and each Person making any payment in connection with any
Loan Document to any Secured Party is hereby authorized to make such payment to Agent, (ii) file and prove claims and file other
documents necessary or desirable to allow the claims of Secured Parties with respect to any Obligation in any proceeding described
in Section 12.1(f) or any other bankruptcy, insolvency or similar proceeding (but not to vote, consent or otherwise act
on behalf of such Person), (iii) act as collateral agent for each Secured Party for purposes of the perfection of all Liens created
by such agreements and all other purposes stated therein, (iv) manage, supervise and otherwise deal with the Collateral, (v) take
such other action as is necessary or desirable to maintain the perfection and priority of the Liens created or purported to be
created by the Loan Documents, (vi) except as may be otherwise specified in any Loan Document, exercise all remedies given to Agent
and the other Secured Parties with respect to the Collateral, whether under the Loan Documents, applicable Requirements of Law
or otherwise and (vii) execute any amendment, consent or waiver under the Loan Documents on behalf of any Lender that has consented
in writing to such amendment, consent or waiver; provided, however, that Agent hereby appoints, authorizes and directs each Lender
and LC Issuer to act as collateral sub-agent for Agent, Lenders and LC Issuer for purposes of the perfection of Liens with respect
to any deposit account maintained by a Credit Party with, and cash and cash equivalents held by, such Lender or LC Issuer, and
may further authorize and direct Lenders and LC Issuer to take further actions as collateral sub-agents for purposes of enforcing
such Liens or otherwise to transfer the Collateral subject thereto to Agent, and each Lender and LC Issuer hereby agrees to take
such further actions to the extent, and only to the extent, so authorized and directed.

 

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(c)          Under
the Loan Documents, Agent (i) is acting solely on behalf of Secured Parties, with duties that are entirely administrative in nature,
notwithstanding the use of the defined term “Agent”, the terms “agent”, “Agent” and “collateral
agent” and similar terms in any Loan Document to refer to Agent, which terms are used for title purposes only, (ii) is not
assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee
of or for any Lender, LC Issuer or any other Person and (iii) shall have no implied functions, responsibilities, duties, obligations
or other liabilities under any Loan Document, and each Secured Party, by accepting the benefits of the Loan Documents, hereby waives
and agrees not to assert any claim against Agent based on the roles, duties and legal relationships expressly disclaimed in clauses
(i) through (iii) above.

 

13.2        Binding
Effect. Each Secured Party, by accepting the benefits of the Loan Documents, agrees that (i) any action taken by Agent or Required
Lenders (or, if expressly required hereby, a greater proportion of Lenders) in accordance with the provisions of the Loan Documents,
(ii) any action taken by Agent in reliance upon the instructions of Required Lenders (or, where so required, such greater proportion)
and (iii) the exercise by Agent or Required Lenders (or, where so required, such greater proportion) of the powers set forth herein
or therein, together with such other powers as are incidental thereto, shall be authorized and binding upon all of Secured Parties.

 

13.3        Use
of Discretion.

 

(a)          Agent
shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and
powers expressly contemplated hereby or by the other Loan Documents that Agent is required to exercise as directed in writing by
Required Lenders (or such other number or percentage of Lenders as shall be expressly provided for herein or in the other Loan
Documents); provided, that Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may
expose Agent to liability or that is contrary to any Loan Document or applicable Requirement of Law.

 

(b)          Agent
shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable
for the failure to disclose, any information relating to any Credit Party or its Affiliates that is communicated to or obtained
by Agent or any of its Affiliates in any capacity.

 

(c)          Notwithstanding
anything to the contrary contained herein or in any other Loan Document, the authority to enforce rights and remedies hereunder
and under the other Loan Documents against the Credit Parties or any of them shall be vested exclusively in, and all actions and
proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, Agent in accordance with
the Loan Documents for the benefit of all Secured Parties; provided that the foregoing shall not prohibit (i) Agent from exercising
on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Agent) hereunder and under the other
Loan Documents, (ii) LC Issuer from exercising the rights and remedies that inure to its benefit (solely in its capacity as LC
Issuer) hereunder and under the other Loan Documents, (iii) any Lender from exercising setoff rights or (iv) any Lender from filing
proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Credit
Party under any bankruptcy or other debtor relief law; and provided further that if at any time there is no Person acting as Agent
hereunder and under the other Loan Documents, then (A) Required Lenders shall have the rights otherwise ascribed to Agent pursuant
to Section 13.1 and (B) in addition to the matters set forth in clauses (ii), (iii) and (iv) of the preceding proviso and
subject to Section 13.1, any Lender may, with the consent of Required Lenders, enforce any rights and remedies available
to it and as authorized by Required Lenders.

 

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13.4        Delegation
of Rights and Duties. Agent may, upon any term or condition it specifies, delegate or exercise any of its rights, powers and
remedies under, and delegate or perform any of its duties or any other action with respect to, any Loan Document by or through
any trustee, co-agent, employee, attorney-in-fact and any other Person (including any Secured Party), provided that Agent shall
be liable for all acts or failures to act of any such Person to the same extent as Agent would be if Agent performed such action.
Any such Person shall benefit from this Article 13 to the extent provided by Agent.

 

13.5        Reliance
and Liability.

 

(a)          Agent
may, without incurring any liability hereunder, (i) treat the payee of any Note as its holder until such Note has been assigned
in accordance with the terms of this Agreement, (ii) rely on the Register, (iii) consult with any advisors, accountants and other
experts (including advisors to, and accountants and experts engaged by, any Credit Party) and (iv) rely and act upon any document
and information (including those transmitted by electronic transmission) and any telephone message or conversation, in each case
believed by it to be genuine and transmitted, signed or otherwise authenticated by the appropriate parties.

 

(b)          None
of Agent and its Related Persons shall be liable for any action taken or omitted to be taken by any of them under or in connection
with any Loan Document, and each Secured Party, each Borrower and each other Credit Party hereby waive and shall not assert (and
each Borrower shall cause each other Credit Party to waive and agree not to assert) any right, claim or cause of action based thereon,
except to the extent of liabilities resulting primarily from the gross negligence or willful misconduct of Agent or, as the case
may be, such Related Person (each as determined in a final, non-appealable judgment by a court of competent jurisdiction) in connection
with the duties expressly set forth herein. Without limiting the foregoing, Agent:

 

(i)          shall
not be responsible or otherwise incur liability for any action or omission taken in reliance upon the instructions of Required
Lenders or for the actions or omissions of any of its Related Persons selected with reasonable care (other than employees, officers
and directors of Agent, when acting on behalf of Agent);

 

(ii)         shall
not be responsible to any Lender, LC Issuer or other Person for the due execution, legality, validity, enforceability, effectiveness,
genuineness, sufficiency or value of, or the attachment, perfection or priority of any Lien created or purported to be created
under or in connection with, any Loan Document;

 

    	 	62	 

     

    

  

(iii)        makes
no warranty or representation, and shall not be responsible, to any Lender, LC Issuer or other Person for any statement, document,
information, representation or warranty made or furnished by or on behalf of any Credit Party or any Related Person of any Credit
Party in connection with any Loan Document or any transaction contemplated therein or any other document or information with respect
to any Credit Party, whether or not transmitted or (except for documents expressly required under any Loan Document to be transmitted
to Lenders) omitted to be transmitted by Agent, including as to completeness, accuracy, scope or adequacy thereof, or for the scope,
nature or results of any due diligence performed by Agent in connection with the Loan Documents; and

 

(iv)        shall
not have any duty to ascertain or to inquire as to the performance or observance of any provision of any Loan Document, whether
any condition set forth in any Loan Document is satisfied or waived, as to the financial condition of any Credit Party or as to
the existence or continuation or possible occurrence or continuation of any Default or Event of Default and shall not be deemed
to have notice or knowledge of such occurrence or continuation unless it has received a notice from Borrower, any Lender or LC
Issuer describing such Default or Event of Default clearly labeled “notice of default” (in which case Agent shall promptly
give notice of such receipt to all Lenders);

 

and, for each of the items set forth in clauses
(i) through (iv) above, each Lender, LC Issuer and each Borrower hereby waives and agrees not to assert (and each of Holdings and
Borrowers shall cause each other Credit Party to waive and agree not to assert) any right, claim or cause of action it might have
against Agent based thereon.

 

(c)          Each
Lender and LC Issuer (i) acknowledges that it has performed and will continue to perform its own diligence and has made and will
continue to make its own independent investigation of the operations, financial conditions and affairs of the Credit Parties and
(ii) agrees that is shall not rely on any audit or other report provided by Agent or its Related Persons (an “Agent Report”).
Each Lender and LC Issuer further acknowledges that any Agent Report (i) is provided to Lenders and LC Issuers solely as a courtesy,
without consideration, and based upon the understanding that such Lender or LC Issuer will not rely on such Agent Report, (ii)
was prepared by Agent or its Related Persons based upon information provided by the Credit Parties solely for Agent’s own
internal use, (iii) may not be complete and may not reflect all information and findings obtained by Agent or its Related Persons
regarding the operations and condition of the Credit Parties. Neither Agent nor any of its Related Persons makes any representations
or warranties of any kind with respect to (i) any existing or proposed financing, (ii) the accuracy or completeness of the information
contained in any Agent Report or in any related documentation, (iii) the scope or adequacy of Agent’s and its Related Persons’
due diligence, or the presence or absence of any errors or omissions contained in any Agent Report or in any related documentation,
and (iv) any work performed by Agent or Agent’s Related Persons in connection with or using any Agent Report or any related
documentation.

 

(d)          
Neither Agent nor any of its Related Persons shall have any duties or obligations in connection with or as a result of any Lender
or LC Issuer receiving a copy of any Agent Report. Without limiting the generality of the forgoing, neither Agent nor any of its
Related Persons shall have any responsibility for the accuracy or completeness of any Agent Report, or the appropriateness of any
Agent Report for any Lender’s or LC Issuer’s purposes, and shall have no duty or responsibility to correct or update
any Agent Report or disclose to any Lender or LC Issuer any other information not embodied in any Agent Report, including any supplemental
information obtained after the date of any Agent Report. Each Lender and LC Issuer releases, and agrees that it will not assert,
any claim against Agent or its Related Persons that in any way relates to any Agent Report or arises out of any Lender or LC Issuer
having access to any Agent Report or any discussion of its contents, and agrees to indemnify and hold harmless Agent and its Related
Persons from all claims, liabilities and expenses relating to a breach by any Lender or LC Issuer arising out of such Lender’s
or LC Issuer’s access to any Agent Report or any discussion of its contents.

 

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13.6        Agent
Individually. Agent and its Affiliates may make loans and other extensions of credit to, acquire Stock of, engage in any kind
of business with, any Credit Party or Affiliate thereof as though it were not acting as Agent and may receive separate fees and
other payments therefor. To the extent Agent or any of its Affiliates makes any Loan or otherwise becomes a Lender hereunder, it
shall have and may exercise the same rights and powers hereunder and shall be subject to the same obligations and liabilities as
any other Lender and the terms “Lender”, “Revolving Lender”, “Required Lender” and any similar
terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, Agent or such Affiliate,
as the case may be, in its individual capacity as Lender, Revolving Lender or as one of Required Lenders respectively.

 

13.7        Lender
Credit Decision. Each Lender and each LC Issuer acknowledges that it shall, independently and without reliance upon Agent,
any Lender or LC Issuer or any of their Related Persons or upon any document (including any offering and disclosure materials in
connection with the syndication of the Loans) solely or in part because such document was transmitted by Agent or any of its Related
Persons, conduct its own independent investigation of the financial condition and affairs of each Credit Party and make and continue
to make its own credit decisions in connection with entering into, and taking or not taking any action under, any Loan Document
or with respect to any transaction contemplated in any Loan Document, in each case based on such documents and information as it
shall deem appropriate. Except for documents expressly required by any Loan Document to be transmitted by Agent to Lenders or LC
Issuers, Agent shall not have any duty or responsibility to provide any Lender or LC Issuer with any credit or other information
concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any Credit Party
or any Affiliate of any Credit Party that may come in to the possession of Agent or any of its Related Persons.

 

13.8        Expenses;
Indemnities; Withholding.

 

(a)          Each
Lender agrees to reimburse Agent and each of its Related Persons (to the extent not reimbursed by any Credit Party) promptly upon
demand, severally and ratably, for any costs and expenses (including fees, charges and disbursements of financial, legal and other
advisors and taxes paid in the name of, or on behalf of, any Credit Party) that may be incurred by Agent or any of its Related
Persons in connection with the preparation, syndication, execution, delivery, administration, modification, consent, waiver or
enforcement of, or the taking of any other action (whether through negotiations, through any work-out, bankruptcy, restructuring
or other legal or other proceeding (including, without limitation, preparation for and/or response to any subpoena or request for
document production relating thereto) or otherwise) in respect of, or legal advice with respect to its rights or responsibilities
under, any Loan Document.

 

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(b)          Each
Lender further agrees to indemnify Agent and each of its Related Persons (to the extent not reimbursed by any Credit Party), severally
and ratably, from and against liabilities (including taxes, interests and penalties imposed for not properly withholding or backup
withholding on payments made to or for the account of any Lender) that may be imposed on, incurred by or asserted against Agent
or any of its Related Persons in any matter relating to or arising out of, in connection with or as a result of any Loan Document
or any other act, event or transaction related, contemplated in or attendant to any such document, or, in each case, any action
taken or omitted to be taken by Agent or any of its Related Persons under or with respect to any of the foregoing; provided, however,
that no Lender shall be liable to Agent or any of its Related Persons to the extent such liability has resulted primarily from
the gross negligence or willful misconduct of Agent or, as the case may be, such Related Person, as determined by a court of competent
jurisdiction in a final non-appealable judgment or order.

 

(c)          To
the extent required by any applicable law, Agent may withhold from any payment to any Lender under a Loan Document an amount equal
to any applicable withholding tax. If the IRS or any other Governmental Authority asserts a claim that Agent did not properly withhold
tax from amounts paid to or for the account of any Lender (because the appropriate certification form was not delivered, was not
properly executed, or fails to establish an exemption from, or reduction of, withholding tax with respect to a particular type
of payment, or because such Lender failed to notify Agent or any other Person of a change in circumstances which rendered the exemption
from, or reduction of, withholding tax ineffective, or for any other reason), or Agent reasonably determines that it was required
to withhold taxes from a prior payment but failed to do so, such Lender shall promptly indemnify Agent fully for all amounts paid,
directly or indirectly, by such Agent as tax or otherwise, including penalties and interest, and together with all expenses incurred
by Agent, including legal expenses, allocated internal costs and out-of-pocket expenses. Agent may offset against any payment to
any Lender under a Loan Document, any applicable withholding tax that was required to be withheld from any prior payment to such
Lender but which was not so withheld, as well as any other amounts for which Agent is entitled to indemnification from such Lender.

 

13.9        Resignation
of Agent.

 

(a)          Agent
may resign at any time by delivering notice of such resignation to Lenders and Borrowing Representative, effective on the date
set forth in such notice or, if no such date is set forth therein, upon the date such notice shall be effective in accordance with
the terms of this Section 13.9. If Agent delivers any such notice, Required Lenders shall have the right to appoint a successor
Agent. If, after thirty (30) days after the date of retiring Agent’s notice of resignation, no successor Agent has been appointed
by Required Lenders that has accepted such appointment, then the retiring Agent may, on behalf of Lenders, appoint a successor
Agent from among Lenders. Each appointment under this clause (a) shall be subject to the prior consent of the Borrowing Representative,
which may not be unreasonably withheld but shall not be required during the continuance of an Event of Default.

 

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(b)          Effective
immediately upon its resignation, (i) the retiring Agent shall be discharged from its duties and obligations under the Loan Documents,
(ii) Lenders shall assume and perform all of the duties of Agent until a successor Agent shall have accepted a valid appointment
hereunder, (iii) the retiring Agent and its Related Persons shall no longer have the benefit of any provision of any Loan Document
other than with respect to any actions taken or omitted to be taken while such retiring Agent was, or because such Agent had been,
validly acting as Agent under the Loan Documents and (iv) the retiring Agent shall take such action as may be reasonably necessary
to assign to the successor Agent its rights as Agent under the Loan Documents. Effective immediately upon its acceptance of a valid
appointment as Agent, a successor Agent shall succeed to, and become vested with, all the rights, powers, privileges and duties
of the retiring Agent under the Loan Documents.

 

13.10      Release
of Collateral or Guarantors. Each Lender and LC Issuer hereby consents to the release and hereby directs Agent to release
(or, in the case of Section 13.10(b)(ii) below, release or subordinate) the following:

 

(a)          any
Subsidiary of Borrowers from its guaranty of any Obligation if all of the Equity Interests of such Subsidiary owned by any Credit
Party are sold or transferred in a transaction permitted under the Loan Documents (including pursuant to a waiver or consent);
and

 

(b)          any
Lien held by Agent for the benefit of Secured Parties against (i) any Collateral that is sold, transferred, conveyed or otherwise
disposed of by a Credit Party in a transaction permitted by the Loan Documents (including pursuant to a waiver or consent), (ii) any
property subject to a Lien permitted hereunder and (iii) all of the Collateral and all Credit Parties, upon (A) termination of
the Commitments, (B) payment and satisfaction in full of all Loans, all Letter of Credit Obligations and all other Obligations
under the Loan Documents that Agent has theretofore been notified in writing by the holder of such Obligation are then due and
payable, (C) deposit of cash collateral with respect to all contingent Obligations (or, as an alternative to cash collateral in
the case of any Letter of Credit Obligation, receipt by Agent of a back-up letter of credit), in amounts and on terms and conditions
and with parties satisfactory to Agent and each indemnitee that is, or may be, owed such Obligations (excluding contingent Obligations
(other than Letter of Credit Obligations) as to which no claim has been asserted) and (D) to the extent requested by Agent, receipt
by Agent and Secured Parties of liability releases from the Credit Parties each in form and substance acceptable to Agent.

 

Each Lender and LC Issuer hereby directs Agent,
and Agent hereby agrees, upon receipt of notice from the Borrowing Representative, to execute and deliver or file such documents
and to perform other actions reasonably necessary to release the guaranties and Liens when and as directed in this Section 13.10.

 

14.         MISCELLANEOUS

 

14.1        No
Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of Lender, any right, remedy, power
or privilege under this Agreement or any other Loan Documents shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, remedy, power or privilege hereunder or thereunder preclude any other or further exercise thereof or the
exercise of any other right, remedy, power or privilege. No notice to or demand on any Credit Party in any case shall, of itself,
entitle it to any other or further notice or demand in similar or other circumstances. The rights, remedies, powers and privileges
herein provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law.

 

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14.2        Amendments
and Waivers.

 

(a)          No
amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent with respect to any departure
by any Credit Party therefrom, shall be effective unless the same shall be in writing and signed by Agent, Required Lenders (or
by Agent with the consent of Required Lenders), and Credit Parties, and then such waiver shall be effective only in the specific
instance and for the specific purpose for which given; provided, however, that no such waiver, amendment, or consent shall, unless
in writing and signed by all Lenders directly affected thereby (or by Agent with the consent of all Lenders directly affected thereby),
in addition to Agent and Required Lenders (or by Agent with the consent of Required Lenders) and Borrowers, do any of the following:

 

(i)          increase
or extend the Commitment of any Lender (or reinstate any Commitment terminated pursuant to Section 12.2);

 

(ii)         postpone
or delay any date fixed for, or reduce or waive, any scheduled installment of principal or any payment of interest, fees or other
amounts (other than principal) due to Lenders (or any of them) or LC Issuer hereunder or under any other Loan Document;

 

(iii)        reduce
the principal of, or the rate of interest specified herein or the amount of interest payable in cash specified herein on any Loan,
or of any fees or other amounts payable hereunder or under any other Loan Document;

 

(iv)        change
the percentage of the Commitments or of the aggregate unpaid principal amount of the Loans which shall be required for Lenders
or any of them to take any action hereunder;

 

(v)         amend
this Section 14.2 or, subject to Section 14.2(e) below, the definition of Required Lenders or any provision providing
for consent or other action by all Lenders; or

 

(vi)        discharge
any Credit Party from its respective payment Obligations under the Loan Documents, or release all or substantially all of the Collateral,
except as otherwise may be provided in this Agreement or the other Loan Documents;

 

it being agreed that all Lenders shall be deemed
to be directly affected by an amendment or waiver of the type described in the preceding clauses (iv), (v) and (vi).

 

(b)          No
amendment, waiver or consent shall, unless in writing and signed by Agent or LC Issuer, as the case may be, in addition to Required
Lenders or all Lenders directly affected thereby, as the case may be (or by Agent with the consent of Required Lenders or all Lenders
directly affected thereby, as the case may be), affect the rights or duties of Agent or LC Issuer, as applicable, under this Agreement
or any other Loan Document

 

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(c)          No
amendment or waiver shall, unless signed by Agent and Required Lenders (or by Agent with the consent of Required Lenders): (i)
amend or waive compliance with the conditions precedent to the obligations of Lenders to make any Revolving Loan (or of LC Issuer
to issue any Letter of Credit); (ii) waive any Default or Event of Default for the purpose of satisfying the conditions precedent
to the obligations of Lenders to make any Revolving Loan (or of LC Issuer to issue any Letter of Credit); or (iii) amend or waive
this Section 14.2(c).

 

(d)          Notwithstanding
anything set forth herein to the contrary, a Non-Funding Lender shall not have any voting or consent rights under or with respect
to any Loan Document or constitute a “Lender” (or be, or have its Loans and Commitments, included in the determination
of “Required Lenders” or “Lenders directly affected” pursuant to this Section 14.2) for any
voting or consent rights under or with respect to any Loan Document, except that a Non-Funding Lender shall be treated as an “Affected
Lender” for purposes of Section 14.2(a)(i) and 14.2(a)(iii) solely with respect to an increase in such Non-Funding
Lender’s Commitments, a reduction of the principal amount owed to such Non-Funding Lender or, unless such Non-Funding Lender
is treated the same as the other Lenders holding Loans of the same type, a reduction in the interest rates applicable to the Loans
held by such Non-Funding Lender. Moreover, for the purposes of determining Required Lenders and Required Revolving Lenders, the
Revolving Loans and Revolving Commitments held by Non-Funding Lenders shall be excluded from the total Loans and Commitments outstanding.

 

(e)          Notwithstanding
anything to the contrary contained in this Section 14.2, (i) Borrowers may amend Disclosure Schedules upon notice to
Agent and with the consent of Agent, (ii) Agent may amend Schedule III and V and (iii) Agent and Credit Parties may
amend or modify this Agreement and any other Loan Document to (A) cure any ambiguity, omission, defect or inconsistency therein,
or (B) grant a new Lien for the benefit of Secured Parties, extend an existing Lien over additional property for the benefit of
Secured Parties or join additional Persons as Credit Parties.

 

14.3        Expenses;
Indemnity.

 

(a)          Each
Credit Party agrees to, jointly and severally, pay or reimburse Agent or each Lender for all costs and expenses (including, without
limitation, the reasonable fees and expenses of all counsel, advisors, consultants and auditors) incurred by Agent and each Lender
in connection with: (i) the preparation, negotiation, execution, delivery, performance and enforcement of this Agreement and the
other Loan Documents, any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions
contemplated shall be consummated); (ii) the enforcement or protection of Agent’s and each Lender’s rights in connection
with this Agreement and the other Loan Documents or in connection with the Loans; (iii) any advice in connection with the administration
of the Loans or the rights under this Agreement or the other Loan Documents; (iv) any litigation, dispute, suit, proceeding or
action (whether instituted by or between any combination of Agent, any Lender, any Credit Party or any other Person), and an appeal
or review thereof, in any way relating to the Collateral, this Agreement, any other Loan Document, or any action taken or any other
agreements to be executed or delivered in connection therewith, whether as a party, witness or otherwise; and (v) any effort
(x) to monitor the Loans, (y) to evaluate, observe or assess any Borrower or any other Credit Party or the affairs of such Person,
and (z) to verify, protect, evaluate, assess, appraise, collect, sell, liquidate or otherwise dispose of the Collateral. Each Credit
Party further agrees, jointly and severally, to indemnify Agent and Lenders from and agrees to hold it harmless against any documentary
taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of this Agreement or any
of the other Loan Documents.

 

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(b)          Each
Credit Party agrees, jointly and severally, to indemnify Agent, Lenders, the LC Issuers, their correspondents and each of their
respective directors, shareholders, officers, employees and agents (each, an “Indemnified Person”) against,
and agrees to hold each Indemnified Person harmless from, any and all losses, claims, damages, liabilities and related expenses,
including reasonable counsel fees, charges and disbursements, incurred by or asserted against any Indemnified Person arising out
of, in any way connected with or as a result of (i) the use of any of the proceeds of any Loan, (ii) the transactions financed
by the Loans, (iii) this Agreement, any other Loan Document or any other document contemplated hereby or thereby, the performance
by the parties hereto or thereto of their respective obligations hereunder and thereunder or the consummation of the transactions
contemplated hereby and thereby, or (iv) any claim, litigation, investigation or proceedings relating to any of the foregoing,
whether or not any Indemnified Person Indemnity is a party thereto; provided, however, that such indemnity shall
not, as to any Indemnified Person, apply to any such losses, claims, damages, liabilities or related expenses to the extent that
they result from the gross negligence or willful misconduct of such Indemnified Party.

 

(c)          The
provisions of this Section 14.3 shall remain operative and in full force and effect regardless of the expiration of the
term of this Agreement and the repayment of the Loans. All amounts due under this Section 14.3 shall be payable on written
demand therefor.

 

14.4        Borrowing
Agency Provisions. If and to the extent that at any time or from time to time there are multiple Borrowers, then.

 

(a)          Each
Borrower acknowledges that, together with each other Borrower, it is part of an affiliated common enterprise in which any loans
or other financial accommodations extended to any one Borrower will result in direct and substantial economic benefit to each other
Borrower, and each Borrower will likewise benefit from the economies of scale associated with Borrowers, as a group, applying for
credit or other financial accommodations on a collective basis.

 

(b)          Each
Borrower hereby irrevocably designates Borrowing Representative to be its agent and in such capacity to borrow, sign and endorse
notes, and execute and deliver all instruments, documents, writings and further assurances now or hereafter required hereunder,
on behalf of such Borrower or Borrowers, and hereby authorizes Agent and Lenders to pay over or credit all loan proceeds hereunder
in accordance with the request of Borrowing Representative.

 

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(c)          The
handling of this credit facility as a co-borrowing facility with a Borrowing Representative in the manner set forth in this Agreement
is solely as an accommodation to Borrowers and at their request. Neither Agent nor any Lender shall incur liability to Borrowers
as a result thereof. To induce Agent and Lenders to do so and in consideration thereof, each Borrower, jointly and severally, hereby
indemnifies Agent and Lenders and holds Agent and Lenders harmless from and against any and all liabilities, expenses, losses,
damages and claims of damage or injury asserted against Agent, any Lender or any LC Issuer by any Person arising from or incurred
by reason of the handling of the financing arrangements of Borrowers as provided herein, reliance by Agent, any Lender or LC Issuer
on any request or instruction from Borrowing Representative or any other action taken by Agent, any Lender or LC Issuer with respect
to this Section 14.4 except due to willful misconduct or gross negligence by the indemnified party.

 

(d)          All
Obligations shall be joint and several, and each Borrower shall make payment upon the maturity of the Obligations by acceleration
or otherwise, and such obligation and liability on the part of each Borrower shall in no way be affected by any extensions, renewals
and forbearance granted by Agent, any Lender or LC Issuer to any Borrower, failure of Agent or any Lender to give any Borrower
notice of borrowing or any other notice, any failure of Agent or any Lender to pursue or preserve its rights against any Borrower,
the release by Agent of any Collateral now or thereafter acquired from any Borrower, and such agreement by each Borrower to pay
upon any notice issued pursuant thereto is unconditional and unaffected by prior recourse by Agent, any Lender or LC Issuer to
the other Borrowers or any Collateral for such Borrower’s Obligations or the lack thereof.

 

14.5        Guaranty.
Each Guarantor hereby, jointly and severally, absolutely and unconditionally guarantees to Secured Parties and its successors and
assigns the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations
owed or hereafter owing to Secured Parties by each Borrower. Each Guarantor agrees that its guaranty obligation hereunder is a
continuing guaranty of payment and performance and not of collection, and that its obligations shall be absolute and unconditional,
irrespective of, and unaffected by:

 

(a)          the
genuineness, validity, regularity, enforceability or any future amendment of, or change in, this Agreement, any other Loan Documents;

 

(b)          the
absence of any action to enforce this Agreement (including this Section 14.5) or any other Loan Document or the waiver or
consent by any Secured Party with respect to any of the provisions hereof or thereof;

 

(c)          the
existence, value or condition of, or failure to perfect its Lien against, any security for the Obligations or any action, or the
absence of any action, by any Secured Party in respect thereof (including the release of any such security);

 

(d)          the
insolvency of any Credit Party; or

 

(e)          any
other action or circumstances that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor,

 

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it being agreed by each Guarantor that its
obligations shall not be discharged until the payment and performance, in full, of the Obligations has occurred. Each Guarantor
shall be regarded, and shall be in the same position, as principal debtor with respect to the Obligations guaranteed hereunder.

 

14.6        Waivers.
Each Credit Party expressly waives all rights it may have now or in the future under any statute, or at common law, or at law
or in equity, or otherwise, to compel Agent or any Lender to marshal assets or to proceed in respect of the Obligations against
any other Credit Party, any other party or against any security for the payment and performance of the Obligations before proceeding
against, or as a condition to proceeding against, such Credit Party. It is agreed among each Credit Party, Agent and Lenders that
the foregoing waivers are of the essence of the transactions contemplated by this Agreement and the other Loan Documents and that,
but for the provisions of this Section 14.6 and such waivers, Lenders would decline to enter into this Agreement.

 

14.7        Benefit
of Guaranty. Each Credit Party agrees that the provisions of Section 14.5 are for the benefit of Agent and Lenders and
their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other
Credit Party and any Secured Party, the obligations of such other Credit Party under this Agreement or the other Loan Documents.

 

14.8        Subordination
of Subrogation. Notwithstanding anything to the contrary in this Agreement or in any other Loan Documents, each Credit Party
hereby expressly and irrevocably subordinates to payment of the Obligations any and all rights at law or in equity to subrogation,
reimbursement, exoneration, contribution, indemnification or set off and any and all defenses available to a surety, guarantor
or accommodation co-obligor until the Obligations are indefeasibly paid in full in cash. Each Credit Party acknowledges and agrees
that this waiver is intended to benefit Agent and Lenders and shall not limit or otherwise affect such Credit Party’s liability
hereunder or the enforceability of Section 14.5.

 

14.9        Election
of Remedies. If Agent or any Lender may, under applicable law, proceed to realize its benefits under this Agreement or any
other Loan Document giving Agent a Lien upon any Collateral, whether owned by any Borrower or by any other Person, either by judicial
foreclosure or by non-judicial sale or enforcement, Agent and Lenders may, at its sole option, determine which of its remedies
or rights it may pursue without affecting any of its rights and remedies under Section 14.5. If, in the exercise of any
of its rights and remedies, any Secured Party shall forfeit any of its rights or remedies, including its right to enter a deficiency
judgment against any Credit Party or any other Person, whether because of any applicable laws pertaining to “election of
remedies” or the like, each Credit Party hereby consents to such action by Agent and Lenders and waives any claim based upon
such action, even if such action by Agent or any Lender shall result in a full or partial loss of any rights of subrogation which
such Credit Party might otherwise have had but for such action by Agent or any Lender. Any election of remedies that results in
the denial or impairment of the right of Agent or any Lender to seek a deficiency judgment against any Credit Party shall not impair
any other Credit Party’s obligation to pay the full amount of the Obligations. In the event Agent or any Lender shall bid
at any foreclosure or trustee’s sale or at any private sale permitted by law, this Agreement or any other Loan Document,
Agent or such Lender may bid all or less than the amount of the Obligations and the amount of such bid need not be paid by Agent
or such Lender but may be credited against the Obligations. The difference between such bid amount and the remaining balance of
the Obligations shall be conclusively deemed to be the amount of the Obligations guaranteed under Section 14.5 notwithstanding
that any present or future law or court decision or ruling may have the effect of reducing the amount of any deficiency claim to
which Agent or any Lender might otherwise be entitled but for such bidding at any such sale.

 

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14.10      Liability
Cumulative. The liability of Credit Parties under Section 14.5 is in addition to and shall be cumulative with all liabilities
of each Credit Party to Secured Parties under this Agreement and the other Loan Documents or in respect of any Obligations or obligation
of the other Credit Parties, without any limitation as to amount, unless the instrument or agreement evidencing or creating such
other liability specifically provides to the contrary.

 

14.11      Waiver
of Subrogation. Each Borrower expressly waives any and all rights of subrogation, reimbursement, indemnity, exoneration, contribution
of any other claim which such Borrower may now or hereafter have against the other Borrowers or other Person directly or contingently
liable for the Obligations hereunder, or against or with respect to the other Borrowers’ property (including, without limitation,
any property which is Collateral for the Obligations), arising from the existence or performance of this Agreement, until termination
of this Agreement and repayment in full of the Obligations.

 

14.12      Assignments
and Participations; Binding Effect.

 

(a)          Binding
Effect. This Agreement shall become effective when it shall have been executed by each Borrower, the other Credit Parties signatory
hereto and Agent and when Agent shall have been notified by each Lender that such Lender has executed it. Thereafter, it shall
be binding upon and inure to the benefit of, but only to the benefit of, each Borrower, the other Credit Parties hereto, Agent,
each Lender and each LC Issuer receiving the benefits of the Loan Documents and each other Secured Party and, in each case, their
respective successors and permitted assigns. Except as expressly provided in any Loan Document none of any Borrower, any other
Credit Party, any LC Issuer or Agent shall have the right to assign any rights or obligations hereunder or any interest herein.

 

(b)          Right
to Assign. Each Lender may sell, transfer, negotiate or assign (each, an “Assignment”) all or a portion
of its rights and obligations hereunder (including all or a portion of its Commitments and its rights and obligations with respect
to Loans and Letters of Credit) to (i) any existing Lender (other than a Non-Funding Lender or Impacted Lender), (ii) any
Affiliate or Approved Fund of any existing Lender (other than a Non-Funding Lender or Impacted Lender) or (iii) any other Person
acceptable (which acceptance shall not be unreasonably withheld or delayed) to Agent and as long as no Event of Default is continuing,
Borrowers (which acceptances shall be deemed to have been given unless an objection is delivered to Agent within five (5) Business
Days after notice of a proposed Assignment is delivered to Borrowing Representative); provided, however, that (w) for each Loan,
the aggregate outstanding principal amount (determined as of the effective date of the applicable Assignment) of the Loans, Commitments
and Letter of Credit Obligations subject to any such Assignment shall be in a minimum amount of $5,000,000, unless such Assignment
is made to an existing Lender or an Affiliate or Approved Fund of any existing Lender, is of the assignor’s (together with
its Affiliates and Approved Funds) entire interest in such facility or is made with the prior consent of Borrowers (to the extent
required) and Agent, (x) such Assignment shall be effective only upon the acknowledgement in writing of such sale by Agent, (y)
interest accrued prior to and through the date of any such Assignment may not be assigned, and (z) such Assignment by Lenders who
are Non-Funding Lenders due to clause (a) of the definition of Non-Funding Lender shall be subject to Agent’s prior written
consent in all instances, unless in connection with such Assignment, such Non-Funding Lender cures, or causes the cure of, its
Non-Funding Lender status. Agent’s refusal to accept a sale to a Credit Party, an Affiliate of a Credit Party, a holder of
Subordinated Debt or an Affiliate of such a holder, or to any Person that would be a Non-Funding Lender or an Impacted Lender,
or the imposition of conditions or limitations (including limitations on voting) upon sales to such Persons, shall not be deemed
to be unreasonable.

 

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(c)          Procedure.
The parties to each sale made in reliance on clause (b) above (other than those described in clause (e) or (f) below) shall execute
and deliver to Agent an Assignment Agreement evidencing such sale, together with any existing Note subject to such sale (or any
affidavit of loss therefor acceptable to Agent), any tax forms required to be delivered pursuant to this Agreement and payment
of an assignment fee in the amount of $3,500 to Agent, unless waived or reduced by Agent; provided, that (i) if a sale by a Lender
is made to an Affiliate or an Approved Fund of such assigning Lender, then no assignment fee shall be due in connection with such
sale, and (ii) if a sale by a Lender is made to an assignee that is not an Affiliate or Approved Fund of such assignor Lender,
and concurrently to one or more Affiliates or Approved Funds of such Assignee, then only one assignment fee of $3,500 shall be
due in connection with such sale (unless waived or reduced by Agent). Upon receipt of all the foregoing, and conditioned upon such
receipt and, if such assignment is made in accordance with clause (iii) of Section 14.12(b), upon Agent (and Borrowers,
if applicable) consenting to such Assignment, from and after the effective date specified in such Assignment, Agent shall record
or cause to be recorded in the Register the information contained in such Assignment Agreement.

 

(d)          Effectiveness.
Subject to the recording of an Assignment by Agent in the Register, (i) the assignee thereunder shall become a party hereto and,
to the extent that rights and obligations under the Loan Documents have been assigned to such assignee pursuant to such Assignment
Agreement, shall have the rights and obligations of a Lender, (ii) any applicable Note shall be transferred to such assignee
through such entry and (iii) the assignor thereunder shall, to the extent that rights and obligations under this Agreement have
been assigned by it pursuant to such Assignment Agreement, relinquish its rights (except for those surviving the termination of
the Commitments and the payment in full of the Obligations) and be released from its obligations under the Loan Documents, other
than those relating to events or circumstances occurring prior to such assignment (and, in the case of an Assignment Agreement
covering all or the remaining portion of an assigning Lender’s rights and obligations under the Loan Documents, such Lender
shall cease to be a party hereto).

 

(e)          Grant
of Security Interests. In addition to the other rights provided in this Section 14.12, each Lender may grant a security
interest in, or otherwise assign as collateral, any of its rights under this Agreement, whether now owned or hereafter acquired
(including rights to payments of principal or interest on the Loans), to (A) any federal reserve bank (pursuant to Regulation A
of the Federal Reserve Board), without notice to Agent or (B) any holder of, or trustee for the benefit of the holders of,
such Lender’s indebtedness or equity securities, by notice to Agent; provided, however, that no such holder or trustee, whether
because of such grant or assignment or any foreclosure thereon (unless such foreclosure is made through an assignment in accordance
with clause (b) above), shall be entitled to any rights of such Lender hereunder and no such Lender shall be relieved of any of
its obligations hereunder.

 

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(f)           Participants
and SPVs. In addition to the other rights provided in this Section 14.12, each Lender may, (x) with notice to Agent,
grant to an SPV the option to make all or any part of any Loan that such Lender would otherwise be required to make hereunder (and
the exercise of such option by such SPV and the making of Loans pursuant thereto shall satisfy the obligation of such Lender to
make such Loans hereunder) and such SPV may assign to such Lender the right to receive payment with respect to any Obligation and
(y) without notice to or consent from Agent or any Borrower, sell participations to one or more Persons in or to all or a
portion of its rights and obligations under the Loan Documents (including all its rights and obligations with respect to the Revolving
Loan and Letters of Credit); provided, however, that, whether as a result of any term of any Loan Document or of such grant or
participation, (i) no such SPV or participant shall have a commitment, or be deemed to have made an offer to commit, to make Loans
hereunder, and, except as provided in the applicable option agreement, none shall be liable for any obligation of such Lender hereunder,
(ii) such Lender’s rights and obligations, and the rights and obligations of the Credit Parties and Secured Parties towards
such Lender, under any Loan Document shall remain unchanged and each other party hereto shall continue to deal solely with such
Lender, which shall remain the holder of the Obligations in the Register, except that (A) each such participant and SPV shall be
entitled to the benefit of Sections 3.9 and 3.10, but, with respect to Section 3.9, only to the extent
such participant or SPV delivers the tax forms required pursuant to Section 3.9(f) as if it were a Lender and then only
to the extent of any amount to which such Lender would be entitled in the absence of any such grant or participation and (B) each
such SPV may receive other payments that would otherwise be made to such Lender with respect to Loans funded by such SPV to the
extent provided in a notice provided to Agent by such SPV and such Lender, provided, however, that in no case (including pursuant
to clause (A) or (B) above) shall an SPV or participant have the right to enforce any of the terms of any Loan Document, and (iii)
the consent of such SPV or participant shall not be required (either directly, as a restraint on such Lender’s ability to
consent hereunder or otherwise) for any amendments, waivers or consents with respect to any Loan Document or to exercise or refrain
from exercising any powers or rights such Lender may have under or in respect of the Loan Documents (including the right to enforce
or direct enforcement of the Obligations), except for those described in clauses (ii) and (iii) of Section 14.2(a) with
respect to amounts, or dates fixed for payment of amounts, to which such participant or SPV would otherwise be entitled and, in
the case of participants, except for those described in clause (v) of Section 14.2(a). No party hereto shall institute (and
Borrowers shall cause each other Credit Party not to institute) against any SPV grantee of an option pursuant to this clause (f)
any bankruptcy, reorganization, insolvency, liquidation or similar proceeding, prior to the date that is one year and one day after
the payment in full of all outstanding commercial paper of such SPV; provided, however, that each Lender having designated an SPV
as such agrees to indemnify each Indemnified Person against any liability that may be incurred by, or asserted against, such Indemnified
Person as a result of failing to institute such proceeding (including a failure to be reimbursed by such SPV for any such liability).
The agreement in the preceding sentence shall survive the termination of the Commitments and the payment in full of the Obligations.

 

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(g)          A
Lender that makes a grant to an SPV or sells a participation pursuant to Section 14.12(f) shall, acting solely as a non-fiduciary
agent of Borrowers and the other Credit Parties, maintain a register similar to the Register (the “Participant Register”)
on which it enters the name and address of each participant or SPV and the principal amounts (and stated interest) of each participant’s
or SPV’s interest in the Loans or other Obligations under the Loan Documents. The entries in the Participant Register shall
be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register
as the owner of such interest for all purposes of this Agreement notwithstanding any notice to the contrary. For avoidance of doubt,
the Agent (in its capacity as Agent) shall have no responsibility for maintaining a Participant Register.

 

14.13      Set-off;
Sharing of Payments.

 

(a)          Right
of Setoff. Each of Agent, each Lender, each LC Issuer and each Affiliate (including each branch office thereof) of any of them
is hereby authorized, without notice or demand (each of which is hereby waived by each Credit Party), at any time and from time
to time during the continuance of any Event of Default and to the fullest extent permitted by applicable Requirements of Law, to
set off and apply any and all deposits (whether general or special, time or demand, provisional or final) at any time held and
other indebtedness, claims or other obligations at any time owing by Agent, such Lender, such LC Issuer or any of their respective
Affiliates to or for the credit or the account of Borrowers or any other Credit Party against any Obligation of any Credit Party
now or hereafter existing, whether or not any demand was made under any Loan Document with respect to such Obligation and even
though such Obligation may be unmatured. No Lender or LC Issuer shall exercise any such right of setoff without the prior consent
of Agent or Required Lenders. Each of Agent, each Lender and each LC Issuer agrees promptly to notify Borrowing Representative
and Agent after any such setoff and application made by such Lender or its Affiliates; provided, however, that the failure to give
such notice shall not affect the validity of such setoff and application. The rights under this Section 14.13 are in addition
to any other rights and remedies (including other rights of setoff) that Agent, Lenders, LC Issuer, their Affiliates and the other
Secured Parties, may have.

 

(b)          Sharing
of Payments, Etc. If any Lender, Agent or LC Issuer directly or through an Affiliate or branch office thereof, obtains any
payment of any Obligation of any Credit Party (whether voluntary, involuntary or through the exercise of any right of setoff or
the receipt of any Collateral or Proceeds) and such payment exceeds the amount Agent, such Lender or LC Issuer would have been
entitled to receive if all payments had gone to, and been distributed by, Agent in accordance with the provisions of the Loan Documents,
Agent, such Lender or LC Issuer shall purchase for cash from other Lenders such participations in their Obligations as necessary
for such Lender to share such excess payment with such Lenders to ensure such payment is applied as though it had been received
by Agent and applied in accordance with this Agreement (or, if such application would then be at the discretion of Borrowers, applied
to repay the Obligations in accordance herewith); provided, however, that (i) if such payment is rescinded or otherwise recovered
from such Lender, Agent or LC Issuer in whole or in part, such purchase shall be rescinded and the purchase price therefor shall
be returned to such Lender, Agent or LC Issuer without interest and (ii) such Lender, Agent or LC Issuer shall, to the fullest
extent permitted by applicable Requirements of Law, be able to exercise all its rights of payment (including the right of setoff)
with respect to such participation as fully as if such Lender, Agent or LC Issuer were the direct creditor of the applicable Credit
Party in the amount of such participation. If a Non-Funding Lender receives any such payment as described in the previous sentence,
such Lender shall turn over such payments to Agent in an amount that would satisfy the cash collateral requirements set forth in
this Agreement.

 

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14.14      Replacement
of Lender. Within forty-five (45) days after: any failure by any Lender to consent to a requested amendment, waiver or modification
to any Loan Document in which Required Lenders have already consented to such amendment, waiver or modification but the consent
of each Lender (or each Lender directly affected thereby, as applicable) is required with respect thereto, Borrowers may, at its
option, notify Agent and such Affected Lender (or such non-consenting Lender) of Borrowers’ intention to obtain, at Borrowers’
expense, a replacement Lender (“Replacement Lender”) for such Affected Lender (or such non-consenting Lender),
which Replacement Lender shall be reasonably satisfactory to Agent. In the event Borrowers obtain a Replacement Lender within forty-five
(45) days following notice of its intention to do so, the Affected Lender (or such non-consenting Lender) shall sell and assign
its Loans and Commitments to such Replacement Lender, at par, provided that Borrowers have reimbursed such Affected Lender for
any increased costs for which it is entitled to reimbursement under this Agreement through the date of such sale and assignment.
In the event that a replaced Lender does not execute an Assignment within five (5) Business Days after receipt by such replaced
Lender of notice of replacement pursuant to this Section 14.14 and presentation to such replaced Lender of an Assignment
evidencing an assignment pursuant to this Section 14.14, Borrowers shall be entitled (but not obligated) to execute such
an Assignment on behalf of such replaced Lender, and any such Assignment so executed by Borrowers, the Replacement Lender and Agent,
shall be effective for purposes of this Section 14.14 and Section 14.12. Notwithstanding the foregoing, with respect
to a Lender that is a Non-Funding Lender or an Impacted Lender, Agent may, but shall not be obligated to, obtain a Replacement
Lender and execute an Assignment on behalf of such Non-Funding Lender or Impacted Lender at any time with three (3) Business Days’
prior notice to such Lender (unless notice is not practicable under the circumstances) and cause such Lender’s Loans and
Commitments to be sold and assigned, in whole or in part, at par. Upon any such assignment and payment, such replaced Lender shall
no longer constitute a “Lender” for purposes hereof; provided, any rights of such replaced Lender to indemnification
hereunder shall survive.

 

14.15      Creditor-Debtor
Relationship. The relationship between Agent, each Lender and the LC Issuer, on the one hand, and the Credit Parties, on the
other hand, is solely that of creditor and debtor. No Secured Party has any fiduciary relationship or duty to any Credit Party
arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between Secured Parties and
Credit Parties by virtue of, any Loan Document or any transaction contemplated therein.

 

14.16      Actions
in Concert. Notwithstanding anything contained herein to the contrary, each Lender hereby agrees with each other Lender that
no Lender shall take any action to protect or enforce its rights against any Credit Party arising out of this Agreement or any
other Loan Document (including exercising any rights of setoff) without first obtaining the prior written consent of Agent or Required
Lenders, it being the intent of Lenders that any such action to protect or enforce rights under this Agreement and the other Loan
Documents shall be taken in concert and at the direction or with the consent of Agent or Required Lenders.

 

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14.17      Descriptive
Headings. The descriptive headings of the various provisions of this Agreement are inserted for convenience of reference only
and shall not be deemed to affect the meaning or construction of any of the provisions hereof.

 

14.18      Notices.
Except as otherwise provided herein, whenever any notice, demand, request or other communication shall or may be given to or served
upon any party by any other party, or whenever any party desires to give or serve upon any other party any communication with respect
to this Agreement, each such communication shall be in writing and shall be deemed to have been validly served, given or delivered
(a) upon the earlier of actual receipt and three (3) days after deposit in the United States Mail, registered or certified mail,
return receipt requested, with proper postage prepaid, (b) upon transmission, when sent by telecopy or other similar facsimile
transmission (with such telecopy or facsimile promptly confirmed by delivery of a copy by personal delivery or United States Mail
as otherwise provided in this Section 14.18, (c) one (1) Business Day after deposit with a reputable overnight courier with
all charges prepaid or (d) when hand-delivered, all of which shall be addressed to the party to be notified and sent to the address
or facsimile number indicated in Schedule III or to such other address (or facsimile number) as may be substituted by notice
given as herein provided or may be set forth in an Assignment Agreement.

 

14.19      Severability.
Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition
or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

14.20      Entire
Agreement; Counterparts. This Agreement and the other Loan Documents represent the agreement of Credit Parties, Agent and Lenders
with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by any Borrower,
Agent or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents.
Nothing in this Agreement or in the other Loan Documents, express or implied, is intended to confer upon any party, other than
the parties hereto and thereto, any rights, remedies, obligations or liabilities under or by reason of this Agreement or the other
Loan Documents. This Agreement may be signed in any number of counterparts with the same effect as if the signatures thereto and
hereto were upon the same instrument. Any signature delivered by a party via facsimile or electronic transmission shall be deemed
to be an original signature hereto.

 

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14.21      SUBMISSION
TO JURISDICTION. EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY: (a) SUBMITS FOR ITSELF AND ITS PROPERTY IN ANY LEGAL ACTION
OR PROCEEDING, DIRECTLY OR INDIRECTLY, RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT TO WHICH IT IS A PARTY, OR FOR RECOGNITION
AND ENFORCEMENT OF ANY JUDGMENT IN RESPECT THEREOF, TO THE NON-EXCLUSIVE GENERAL JURISDICTION OF THE COURTS OF THE STATE OF NEW
YORK IN THE COUNTY OF NEW YORK AND THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK; (b) CONSENTS THAT ANY
SUCH ACTION OR PROCEEDING MAY BE BROUGHT IN SUCH COURTS AND WAIVES ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE
OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR PROCEEDING WAS BROUGHT IN AN INCONVENIENT COURT AND AGREES
NOT TO PLEAD OR CLAIM THE SAME; (c) AGREES THAT SERVICE OF PROCESS IN ANY SUCH ACTION OR PROCEEDING MAY BE EFFECTED BY MAILING
A COPY THEREOF BY REGISTERED OR CERTIFIED MAIL (OR ANY SUBSTANTIALLY SIMILAR FORM OF MAIL), POSTAGE PREPAID, TO IT AT ITS ADDRESS
SET FORTH IN SCHEDULE III TO THIS AGREEMENT OR AT SUCH OTHER ADDRESS OF WHICH AGENT SHALL HAVE BEEN NOTIFIED PURSUANT TO SECTION
14.19; AND (d) AGREES THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY
LAW OR SHALL LIMIT THE RIGHT TO SUE IN ANY OTHER JURISDICTION.

 

14.22      WAIVER
OF TRIAL BY JURY, CERTAIN DAMAGES AND SETOFFS. IN ANY LEGAL ACTION OR PROCEEDING, DIRECTLY OR INDIRECTLY, RELATING TO THIS
AGREEMENT OR ANY OTHER LOAN DOCUMENT OR ANY DOCUMENT, INSTRUMENT OR AGREEMENT DELIVERED PURSUANT HERETO OR THERETO, (A) EACH OF
EACH CREDIT PARTY, AGENT AND EACH LENDER HEREBY, TO THE FULLEST EXTENT IT MAY EFFECTIVELY DO SO, IRREVOCABLY AND UNCONDITIONALLY
WAIVES THE RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY SUCH LEGAL ACTION OR PROCEEDING, AND (B) EACH OF EACH CREDIT PARTY, AGENT
AND EACH LENDER HEREBY, TO THE FULLEST EXTENT IT MAY EFFECTIVELY DO SO, IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY
HAVE TO CLAIM OR RECOVER IN ANY SUCH LEGAL ACTION OR PROCEEDING ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES OR ANY
DAMAGES OTHER THAN, ACTUAL DAMAGES. EACH BORROWER AGREES THAT THIS SECTION 14.22 IS A SPECIFIC AND MATERIAL ASPECT OF THIS AGREEMENT
AND ACKNOWLEDGES THAT LENDERS WOULD NOT EXTEND TO ANY BORROWER ANY LOANS HEREUNDER IF THIS SECTION 14.25 WERE NOT PART OF THIS
AGREEMENT.

 

14.23      GOVERNING
LAW. THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND THE OBLIGATIONS ARISING HEREUNDER AND THEREUNDER SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED IN SUCH
STATE, WITHOUT REGARD TO THE CONFLICT OF LAW PRINCIPLES THEREOF

 

14.24      Reinstatement.
This Agreement shall continue to be effective, or be reinstated, as the case may be, if at any time payment of all or any part
of the Obligations is rescinded or must otherwise be returned or restored by Agent or any Lender upon the insolvency, bankruptcy,
dissolution, liquidation or reorganization of any Credit Party, or otherwise, all as though such payments had not been made.

 

    	 	78	 

     

    

  

14.25      USA
PATRIOT Act Notice. Each Lender that is subject to the Patriot Act (as hereinafter defined) and Agent (for itself and not on
behalf of any Lender) hereby notifies each Credit Party that pursuant to the requirements of the USA Patriot Act (Title III of
Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and
record information that identifies each Credit Party, which information includes the name and address of each Borrower and other
information that will allow such Lender or Agent, as applicable, to identify such Credit Party in accordance with the Patriot Act.

 

[Signature Page Follows]

 

    	 	79	 

     

    

 

IN WITNESS WHEREOF, this
Agreement has been duly executed as of the day and year first above written.

 

	 	XCEL BRANDS, INC.

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	IM BRANDS, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	JR LICENSING, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	H LICENSING, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	 	SIGNATURE PAGE TO

SECOND AMENDED AND RESTATED

LOAN AND SECURITY AGREEMENT

 

    	 	 	 

     

    

  

	 	C WONDER LICENSING, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	XCEL DESIGN GROUP, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	JUDITH RIPKA FINE JEWELRY, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	H HERITAGE LICENSING, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	 	SIGNATURE PAGE TO

SECOND AMENDED AND RESTATED

LOAN AND SECURITY AGREEMENT

 

    	 	 	 

     

    

  

	 	XCEL-CT MFG, LLC

 

	 	By:	XCEL BRANDS, INC.,

	 	Its Manager

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	BANK HAPOALIM B.M.

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	 	SIGNATURE PAGE TO

SECOND AMENDED AND RESTATED

LOAN AND SECURITY AGREEMENT

  

    	 	 	 

     

    

 

SCHEDULE I

 

CONDITIONS PRECEDENT

 

The following items must
be received by Agent in form and substance satisfactory to Agent on or prior to the date of the initial Loan:

 

1.           this
Agreement duly executed by each Credit Party;

 

2.           the
Term Loan Note A and the Term Loan Note B duly executed by each Borrower;

 

3.           acknowledgement
copies of proper financing statements (Form UCC-l) duly filed under the UCC in all jurisdictions as may be necessary or, in the
opinion of Agent, desirable to perfect Agent’s Lien on the Collateral;

 

4.           certified
copies of UCC, tax lien and judgment searches, or other evidence satisfactory to Agent, listing all effective financing statements
which name each Credit Party (under present name, any previous name or any trade or doing business name) as debtor and covering
all jurisdictions requested by Agent, together with copies of such other financing statements;

 

5.           duly
executed Intellectual Property Security Agreement from H Heritage;

 

6.           duly
executed Pledge Agreement from Initial Borrower together with the certificates representing the Equity Interests of H Heritage
owned by Initial Borrower, together with an undated stock power for each such certificate executed in blank by a duly authorized
officer of Initial Borrower;

 

7.           duly
executed favorable opinions of counsel to Credit Parties addressing such matters as Agent may reasonably request;

 

8.           evidence
of the completion of all other recordings and filings (including UCC-3 termination statements and other Lien release documentation)
as may be necessary or, in the opinion of and at the request of Agent, desirable to perfect Agent’s Lien on the Collateral
and ensure such Collateral is free and clear of other Liens;

 

9.           Powers
of Attorney duly executed by each Credit Party;

 

10.         (a)
charter and all amendments thereto for H Heritage, (b) good standing certificates for each Credit Party in its state of incorporation
and (c) good standing certificates and certificates of qualification to conduct business in each jurisdiction where its ownership
or lease of property or the conduct of its business requires such qualification, each dated a recent date prior to the Effective
Date and certified by the applicable Secretary of State;

 

    	 	1	 

     

    

  

11.         a
certificate of an officer of each Credit Party together with copies of: (a) H Heritage’s operating agreement together with
all amendments thereto and (b) resolutions of each Credit Party’s Board of Directors Members, Managers and Equity Interests
Holders, approving and authorizing the execution, delivery and performance of the Loan Documents to which such Person is a party
and the transactions to be consummated in connection therewith, each certified as of the Effective Date by an officer of such Person
as being in full force and effect without any modification or amendment;

 

12.         for
H Heritage, signature and incumbency certificates of the Persons executing any of the Loan Documents on behalf of H Heritage, certified
as of the Effective Date by an officer of the sole member and manager of H Heritage as being true, accurate, correct and complete;

 

13.         all
conditions precedent to the consummation of the H Heritage Acquisition will have been satisfied or duly waived with the consent
of Agent and the H Heritage Acquisition will have been consummated in accordance with the H Heritage Purchase Agreement;

 

14.         any
and all subordination and/or intercreditor agreements as Agent shall have deemed necessary or appropriate with respect to any Indebtedness
of any Credit Party;

 

15.         a
Beneficial Ownership Certification completed by each Credit Party that qualifies as a “legal entity customer” under
the Beneficial Ownership Regulation;

 

16.         the
H Heritage Purchase Agreement duly executed by all parties thereto together with all schedules, disclosure schedules and exhibits
executed in connection therewith; and

 

17.         such
other certificates, documents and agreements respecting any Credit Party as Agent may reasonably request.

 

 

    	 	2	 

     

    

 

SCHEDULE II

 

FINANCIAL COVENANTS

 

1.           Minimum
Net Worth. Net Worth of Initial Borrower and the Included Subsidiaries on a consolidated basis shall not be less than $90,000,000
at the end of each Fiscal Quarter.

 

2.           Minimum
Liquid Assets. Liquid Assets of Initial Borrower and the Included Subsidiaries on a consolidated basis shall be at least $5,000,000
at all times.

 

3.           Fixed
Charge Coverage Ratio. The Fixed Charge Ratio of Initial Borrower and the Included Subsidiaries on a consolidated basis for
the twelve Fiscal Month period ending at the end of each Fiscal Quarter shall not be less than the ratio set forth below for such
fiscal period:

 

	Fiscal Quarter End	 	Fixed Charge Coverage Ratio
	December 31, 2019, March 31, 2020, June 30, 2020, September 30, 2020	 	1.05 to 1.00
	December 31, 2020, March 31, 2021, June 30, 2021, September 30, 2021, December 31, 2021 and thereafter	 	1.10 to 1.00

 

4.           Capital
Expenditures. Capital Expenditures of Initial Borrower and the Included Subsidiaries on a consolidated basis in any Fiscal
Year commencing with the Fiscal Year ending December 31, 2018 shall not exceed $700,000.

 

5.           Maximum
Leverage Ratio. The Leverage Ratio of Initial Borrower and the Included Subsidiaries on a consolidated basis for the twelve
Fiscal Month period ending at the end of each fiscal period shall not exceed the ratio below at the end of each fiscal period set
forth below:

 

	Fiscal Period	 	Maximum Leverage Ratio
	December 31, 2018	 	2.90 to 1.00
	December 31, 2019, March 31, 2020, June 30, 2020 and September 30, 2020	 	2.40 to 1.00
	December 31, 2020, March 31, 2021, June 30, 2021 and September 30, 2021	 	1.70 to 1.00
	December 31, 2021 and each Fiscal Quarter end thereafter	 	1.50 to 1.00

  

    	 	1	 

     

    

 

SCHEDULE III

 

ADDRESSES FOR NOTICES

 

Agent’s, LC Issuers and BHI’s Address:

 

	Name:	Bank Hapoalim B.M.
	Address:	1120 Avenue of the Americas
	 	New York, New York 10036
	Attention:	Lisa Matalon, Vice President
	Telephone:	(212) 782-2177
	Facsimile:	(212) 782-2345
	 	 
	 	and
	 	 
	Attention:	Mitchell Barnett, Senior Vice President
	Telephone:	(212) 782 2064
	Facsimile:	(212) 782 2345

 

Each Credit Party’s and Borrowing Representative’s
Address:

 

	Name:	Xcel Brands, Inc.
	Address:	1333 Broadway, 10th Floor
	 	New York, New York 10018
	Attention:	James Haran
	Telephone:	(347) 532-5891
	Facsimile:	(347) 436-9178

 

 

    	 	1	 

     

    

 

SCHEDULE IV

 

GENERAL TERMS FOR LETTERS OF CREDIT

 

1.           LC
Issuer may, subject to the terms and conditions hereinafter set forth, incur Letter of Credit Obligations in respect of the issuance
of Letters of Credit issued on terms acceptable to LC Issuer and supporting obligations of a Borrower incurred in the ordinary
course of such Borrower’s business, in order to support the payment of such Borrower’s inventory purchase obligations,
insurance premiums, or utility or other operating expenses and obligations, as Borrowing Representative, on behalf of such Borrower,
shall request by written notice to Agent that is received by Agent not less than five (5) Business Days prior to the requested
date of issuance of any such Letter of Credit; provided, that: (a) that the aggregate amount of all Letter of Credit Obligations
at any one time outstanding (whether or not then due and payable) shall not exceed an amount to be agreed upon between such Borrower
and Agent and (b) no Letter of Credit shall have an expiry date which is later than the Revolving Loan Maturity Date or one year
following the date of issuance thereof. The applicable Borrower will enter into an application and agreement for such Letter of
Credit with the LC Issuer selected by Agent. The LC Issuer shall be determined by Agent in its sole discretion.

 

2.           The
notice to be provided to Agent requesting that Lenders incur Letter of Credit Obligations shall be in the form of a Letter of Credit
application in the form customarily employed by the LC Issuer, together with a written request by a Borrower and the LC Issuer
that Agent approve such Borrower’s application. Approval by Agent in the written form agreed upon between Agent and the LC
Issuer (a) will authorize the LC Issuer to issue the requested Letter of Credit and (b) will conclusively establish the existence
of the Letter of Credit Obligation as of the date of such approval.

 

3.           Each
Letter of Credit shall be subject to the Uniform Commercial Customs and, to the extent not inconsistent therewith, the laws of
the State of New York.

 

4.           Each
reimbursement by Lenders of a payment by the LC Issuer or Agent pursuant to a Letter of Credit shall be deemed to be a Revolving
Loan on the date of such reimbursement in a principal amount equal to the amount so paid. Each Borrower shall be obligated to reimburse
Agent and each Lender for each payment made in respect of any Letter of Credit (including, the payment of principal, fees and interest
on any payment made by Agent or any Lender in reimbursement of any payment made under a Letter of Credit by an LC Issuer.

 

5.           The
obligations of each Borrower under this Schedule IV shall be absolute, unconditional and irrevocable under any and all circumstances
and shall be paid strictly in accordance with this Agreement irrespective of: (a) any lack of validity or enforceability of any
Letter of Credit or of any demand, application, reimbursement agreement or other agreement or instrument relating thereto (collectively,
the “Related Documents”); (b) the existence of any claim, setoff, defense or other right that any Borrower or
any other Person may at any time have against the beneficiary under any Letter of Credit, Agent, any Lender, the LC Issuer, any
of their correspondents or any other Person; (c) any improper or erroneous or mistaken payment by any LC Issuer under any Letter
of Credit; (d) any supplement or waiver of or any consent to depart from the terms of any Letter of Credit or Related Document;
and (e) any other circumstance or event whatsoever, whether or not similar to any of the foregoing.

 

    	 	1	 

     

    

  

6.           Neither
Agent nor any LC Issuer nor any of their correspondents shall be responsible for: (a) the use which may be made of any Letter of
Credit, or any acts or omissions in connection therewith; (b) the existence, character, quality, quantity, condition, packing,
value or delivery of the goods purporting to be represented by documents; (c) any difference in character, quality, quantity, condition
or value of the goods from that expressed in the documents; (d) the validity, sufficiency or genuineness of documents, or of any
endorsements thereon, even if such documents should in fact prove to be in any or all respects invalid, insufficient, fraudulent
or forged; (e) the time, place, manner or order in which shipment is made; (f) any partial or incomplete shipment or failure or
omission to ship any or all of the goods referred to in any Letter of Credit; (g) the character, adequacy, validity or genuineness
of any insurance, the solvency or responsibility of any insurer or any other risk connected with insurance; (h) any deviation from
instructions, delay, default or fraud by the shipper or anyone else in connection with goods or the shipping thereof; (i) the solvency,
responsibility or relationship to the goods of any party issuing any documents in connection with the goods; (j) any delay in arrival
or failure to arrive of either the goods or any of the documents relating thereto; (k) any delay in giving or failure to give notice
of arrival or any other notice; (l) any breach of contract between the shippers or vendors and the consignees or buyers; (m) compliance
with or circumstances resulting from any laws, customs and regulations which may be effective in countries of negotiation or payment
of any Letter of Credit; (n) any failure of any draft, instrument or demand to bear any reference or adequate reference to the
related Letter of Credit, any failure of documents to accompany any draft, instrument or demand at negotiation or any failure of
any Person to note the amount of any draft, instrument or demand on the reverse of the related Letter of Credit or to surrender
or take up such Letter of Credit or to send forward documents apart from drafts, in each case as required by the terms of the related
Letter of Credit, any of which requirements, if contained in any Letter of Credit, may be waived by Agent or the LC Issuer; (o)
any errors, omissions, interruptions or delays in transmission or delivery of any message, by mail, telex, cable, telegraph, wireless
or otherwise, whether or not they be in cipher; (p) any failure of any document to conform to, or be presented under, the Letter
of Credit in any instance where any Borrower or its agent, upon request, has received documents and/or goods represented thereby;
or (q) any refusal by Agent, the LC Issuer or any of their correspondents to pay or honor drafts drawn or purportedly drawn under
any Letter of Credit because of any applicable law, decree or edict, legal or illegal, of any governmental agency now or hereafter
in force, or for any other matter beyond Agent’s control. Nor shall Agent nor any Lender be responsible for any act, error,
omission, neglect or default under the terms of any Letter of Credit or any Related Documents or otherwise, or for any insolvency
or failure in business, of the LC Issuer or any of the correspondents of Agent or the LC Issuer. None of the foregoing shall affect,
impair, or prevent the vesting of any of Agent’s or any Lender’s rights or powers hereunder, or any Borrower’s
obligations hereunder. In furtherance of and extension of and not in limitation of the specific provisions hereinabove set forth,
each Borrower agrees that any action taken, and any action or omission, by Agent, the LC Issuer or any of their correspondents,
in the absence of bad faith on its part, under or in connection with any Letter of Credit or the related drafts, instruments or
demands, documents or goods shall be binding on such Borrower and shall not put Agent, the LC Issuer or any of their correspondents
under any resulting liability to Agent or any Lender.

 

    	 	2	 

     

    

  

7.           Each
Borrower agrees to procure promptly any necessary import and export and other licenses for the import or export or shipping of
the goods or payment therefor, to comply with all foreign and domestic governmental regulations in regard to the shipment of the
goods or the financing thereof, to furnish such certificates in that respect as Agent may at any time require, to keep the goods
adequately covered by insurance satisfactory in all respects to Agent, with companies satisfactory to Agent, and to assign the
policies and/or certificates of insurance to Agent, or to make the loss or adjustment, if any, payable to Agent, at Agent’s
option, and to furnish Agent promptly on demand with evidence of acceptance by the insurers of such assignment.

 

8.           Each
Borrower hereby certifies, covenants and agrees that no shipments will be made or other transactions undertaken under any Letter
of Credit in violation of the laws of the United States, any applicable foreign law or the applicable regulations of any United
States or foreign governmental agency or authority.

 

9.           In
the event that any Letter of Credit Obligations, whether or not then due or payable, shall for any reason be outstanding on the
Termination Date, each Borrower will either (a) cause the underlying Letter of Credit to be returned and canceled and each corresponding
Letter of Credit Obligation to be terminated, or (b) pay to Agent, in immediately available funds, an amount equal to 105% of the
maximum amount then available to be drawn under all Letters of Credit in favor of Borrowers not so returned and canceled to be
held by Agent as cash collateral in an account under the exclusive dominion and control of Agent (the “Cash Collateral
Account”).

 

10.         In
the event Agent or Lenders shall incur any Letter of Credit Obligation, Borrowers agree to pay Agent and Lenders, the fees, charges
and commissions agreed to between Borrowers and Agent and shall reimburse Agent and Lenders for all fees and charges paid by Agent
on account of any Letter of Credit or Letter of Credit Obligations to the LC Issuer.

 

 

    	 	3	 

     

    

 

SCHEDULE V

 

COMMITMENTS

 

Revolving Loan Commitments

 

$0

 

Term Loan A Commitments

 

Bank Hapoalim B.M.         $7,250,000

 

Term Loan B Commitments

 

Bank Hapoalim B.M.         $14,750,000 

 

    	 	1	 

     

    

 

EXHIBIT A

 

REVOLVING LOAN NOTE

 

	$[          ]	[               ]

 

This Revolving Loan Note
(this “Note”) is executed and delivered under and pursuant to the terms of that certain Second Amended and Restated
Loan and Security Agreement dated as of February 11, 2019 (as amended, modified, supplemented or restated from time to time, the
“Loan Agreement”) by and among [________] (“Lender”), XCEL BRANDS, INC. (“Initial
Borrower” and together with each Person who hereafter becomes a Borrower, collectively “Borrowers”),
and any other Credit Party executing or becoming a party to the Loan Agreement, the financial institutions party thereto from time
to time as Lenders and BANK HAPOALIM B.M., as agent for Lenders (in such capacity, “Agent”) Capitalized terms
not otherwise defined herein shall have the meanings given thereto in the Loan Agreement.

 

FOR VALUE RECEIVED, Borrowers,
jointly and severally, promise to pay to the order of Lender at the offices of Agent at offices located at 1120 Avenue of the Americas,
New York, New York 10036 or at such other place as the holder hereof may from time to time designate to Borrowers in writing:

 

(i)          the
principal sum of [__________ ($________)], or if different from such amount, the unpaid principal balance of Revolving Loan as
may be due and owing from time to time under the Loan Agreement, payable in accordance with the provisions of the Loan Agreement,
subject to acceleration upon the occurrence of an Event of Default under the Loan Agreement, or earlier termination of the Loan
Agreement pursuant to the terms thereof; and

 

(ii)         interest
on the principal amount of this Note from time to time outstanding, payable at the applicable interest rate in accordance with
the provisions of the Loan Agreement. Upon and after the occurrence of an Event of Default, and during the continuation thereof,
interest shall be payable at the applicable Default Rate. In no event, however, shall interest hereunder exceed the maximum interest
rate permitted by law.

 

This Note is the Revolving
Loan Note referred to in the Loan Agreement and is secured, inter alia, by the Liens granted pursuant to the Loan Agreement
and the other Loan Documents, is entitled to the benefits of the Loan Agreement and the other Loan Documents, and is subject to
all of the agreements, terms and conditions therein contained.

 

This Note may be voluntarily
prepaid, in whole or in part, on the terms and conditions set forth in the Loan Agreement.

 

If an Event of Default
under Section 12.1(f) of the Loan Agreement shall occur, then this Note shall immediately become due and payable, without notice,
together with attorneys’ fees if the collection hereof is placed in the hands of an attorney to obtain or enforce payment
hereof. If any other Event of Default shall occur under the Loan Agreement or any of the other Loan Documents which is not cured
within any applicable grace period, then this Note may, as provided in the Loan Agreement, be declared to be immediately due and
payable, without notice, together with attorneys’ fees, if the collection hereof is placed in the hands of an attorney to
obtain or enforce payment hereof.

 

    	 	1	 

     

    

  

This Note shall be governed
by and construed in accordance with the laws of the State of New York.

 

To the fullest extent permitted
by applicable law, each Borrower waives: (a) presentment, demand and protest, and notice of presentment, dishonor, intent
to accelerate, acceleration, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any
or all of the Obligations, the Loan Agreement, this Note or any other Loan Documents; (b) all rights to notice and a hearing
prior to Agent’s taking possession or control of, or to Agent’s replevy, attachment or levy upon, the Collateral or
any bond or security that might be required by any court prior to allowing Agent to exercise any of its remedies; and (c) the benefit
of all valuation, appraisal and exemption laws.

 

Each Borrower acknowledges
that this Note is executed as part of a commercial transaction and that the proceeds of this Note will not be used for any personal
or consumer purpose.

 

    	 	2	 

     

    

  

Each Borrower agrees to
pay to Agent all fees and expenses described in the Loan Agreement and the other Loan Documents.

 

	 	XCEL BRANDS, INC.

 

	 	By:	 
	 	 	Name:
	 	 	Title:

  

    	 	3	 

     

    

 

EXHIBIT B-1

 

FORM OF TERM LOAN NOTE A

 

	$7,250,000	February 11, 2019

 

This Term Loan Note A (this
“Note”) is executed and delivered under and pursuant to the terms of that certain Second Amended and Restated
Loan and Security Agreement dated as of February 11, 2019 (as amended, modified, supplemented or restated from time to time, the
“Loan Agreement”) by and among BANK HAPOALIM B.M. (“Lender”), XCEL BRANDS, INC. (“Initial
Borrower” and together with each Person who hereafter becomes a Borrower, collectively “Borrowers”),
and any other Credit Party executing or becoming a party to the Loan Agreement, the financial institutions party thereto as Lenders
and BANK HAPOALIM B.M., as agent for Lenders (in such capacity, “Agent”). Capitalized terms not otherwise defined
herein shall have the meanings ascribed thereto in the Loan Agreement.

 

FOR VALUE RECEIVED, Borrower
promises to pay to the order of Lender at the offices of Agent located at 1120 Avenue of the Americas, New York, New York 10036
or at such other place as the holder hereof may from time to time designate to Borrower in writing:

 

(i)          the
principal sum of Seven Million Two Hundred Fifty Thousand Dollars ($7,250,000), payable, subject to acceleration upon the occurrence
of an Event of Default under the Loan Agreement, or earlier termination of the Loan Agreement pursuant to the terms thereof, in
quarterly installments commencing on June 30, 2019 and on each March 31, June 30, September 30 and December 31 thereafter in the
amounts set forth below for the corresponding period, with the entire unpaid balance due and payable on the Term Loan Maturity
Date:

 

	Period	 	Amount	 
	June 30, 2019 – September 30, 2020	 	$	1,000,000	 
	December 31, 2020	 	$	1,250,000	 

 

and

 

(ii)         interest
on the principal amount of this Note from time to time outstanding, payable at the applicable interest rate set forth in the Loan
Agreement commencing on March 31, 2019 and on each March 31, June 30, September 30 and December 31 thereafter and upon payment
in full of the principal amount of this Note. Upon and after the occurrence of an Event of Default, and during the continuation
thereof, interest shall be payable at the applicable Default Rate. In no event, however, shall interest hereunder exceed the maximum
interest rate permitted by law.

 

This Note is the Term Loan
Note A referred to in the Loan Agreement and is secured, inter alia, by the liens granted pursuant to the Loan Agreement
and the other Loan Documents, is entitled to the benefits of the Loan Agreement and the other Loan Documents, and is subject to
all of the agreements, terms and conditions therein contained.

 

    	 	1	 

     

    

  

Payments received by Lender
shall be applied against principal and interest as provided for in the Loan Agreement. This Note may be voluntarily prepaid, in
whole or in part, on the terms and conditions set forth in the Loan Agreement.

 

If an Event of Default
under Section 12.1(f) of the Loan Agreement shall occur, then this Note shall immediately become due and payable, without notice,
together with attorneys’ fees if the collection hereof is placed in the hands of an attorney to obtain or enforce payment
hereof. If any other Event of Default shall occur under the Loan Agreement or any of the other Loan Documents which is not cured
within any applicable grace period, then this Note may, as provided in the Loan Agreement, be declared to be immediately due and
payable, without notice, together with attorneys’ fees, if the collection hereof is placed in the hands of an attorney to
obtain or enforce payment hereof.

 

This Note shall be governed
by and construed in accordance with the laws of the State of New York.

 

To the fullest extent permitted
by applicable law, Borrower waives: (a) presentment, demand and protest, and notice of presentment, dishonor, intent to accelerate,
acceleration, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all of the
Obligations, the Loan Agreement, this Note or any other Loan Documents; (b) all rights to notice and a hearing prior to Agent’s
taking possession or control of, or to Agent’s replevy, attachment or levy upon, the Collateral or any bond or security that
might be required by any court prior to allowing Agent to exercise any of its remedies; and (c) the benefit of all valuation, appraisal
and exemption laws.

 

Borrower acknowledges that
this Note is executed as part of a commercial transaction and that the proceeds of this Note will not be used for any personal
or consumer purpose.

 

    	 	2	 

     

    

  

Borrower agrees to
pay to Agent all fees and expenses described in the Loan Agreement and the other Loan Documents.

 

	 	XCEL BRANDS, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    		3	 

     

    

 

EXHIBIT B-2

 

FORM OF TERM LOAN NOTE B

 

	$14,750,000	February 11, 2019

 

This Term Loan Note
B (this “Note”) is executed and delivered under and pursuant to the terms of that certain Second Amended and
Restated Loan and Security Agreement dated as of February 11, 2019 (as amended, modified, supplemented or restated from time to
time, the “Loan Agreement”) by and among BANK HAPOALIM B.M. (“Lender”), XCEL BRANDS, INC.
(“Initial Borrower” and together with each Person who hereafter becomes a Borrower, collectively “Borrowers”),
and any other Credit Party executing or becoming a party to the Loan Agreement, the financial institutions party thereto as Lenders
and BANK HAPOALIM B.M., as agent for Lenders (in such capacity, “Agent”). Capitalized terms not otherwise defined
herein shall have the meanings ascribed thereto in the Loan Agreement.

 

FOR VALUE RECEIVED,
Borrower promises to pay to the order of Lender at the offices of Agent located at 1120 Avenue of the Americas, New York, New
York 10036 or at such other place as the holder hereof may from time to time designate to Borrower in writing:

 

(iii)       the
principal sum of Fourteen Million Seven Hundred Fifty Thousand Dollars ($14,750,000), payable, subject to acceleration upon the
occurrence of an Event of Default under the Loan Agreement, or earlier termination of the Loan Agreement pursuant to the terms
thereof, in quarterly installments commencing on March 31, 2019 and on each March 31, June 30, September 30 and December 31 thereafter
in the amounts set forth below for the corresponding period, with the entire unpaid balance due and payable on the Term Loan Maturity
Date:

 

	Period	 	Amount	 
	March 31, 2020 – September 30, 2020	 	$	250,000	 
	March 31, 2021 – December 31, 2022	 	$	1,125,000	 
	March 31, 2023 – December 31, 2023	 	$	1,250,000	 

 

and

 

(iv)       interest
on the principal amount of this Note from time to time outstanding, payable at the applicable interest rate set forth in the Loan
Agreement commencing on March 31, 2019 and on each March 31, June 30, September 30 and December 31 thereafter and upon payment
in full of the principal amount of this Note. Upon and after the occurrence of an Event of Default, and during the continuation
thereof, interest shall be payable at the applicable Default Rate. In no event, however, shall interest hereunder exceed the maximum
interest rate permitted by law.

 

This Note is the Term
Loan Note B referred to in the Loan Agreement and is secured, inter alia, by the liens granted pursuant to the Loan Agreement
and the other Loan Documents, is entitled to the benefits of the Loan Agreement and the other Loan Documents, and is subject to
all of the agreements, terms and conditions therein contained.

 

    	 	1	 

     

    

  

Payments received
by Lender shall be applied against principal and interest as provided for in the Loan Agreement. This Note may be voluntarily
prepaid, in whole or in part, on the terms and conditions set forth in the Loan Agreement.

 

If an Event of Default
under Section 12.1(f) of the Loan Agreement shall occur, then this Note shall immediately become due and payable, without notice,
together with attorneys’ fees if the collection hereof is placed in the hands of an attorney to obtain or enforce payment
hereof. If any other Event of Default shall occur under the Loan Agreement or any of the other Loan Documents which is not cured
within any applicable grace period, then this Note may, as provided in the Loan Agreement, be declared to be immediately due and
payable, without notice, together with attorneys’ fees, if the collection hereof is placed in the hands of an attorney to
obtain or enforce payment hereof.

 

This Note shall be
governed by and construed in accordance with the laws of the State of New York.

 

To the fullest extent
permitted by applicable law, Borrower waives: (a) presentment, demand and protest, and notice of presentment, dishonor, intent
to accelerate, acceleration, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of
any or all of the Obligations, the Loan Agreement, this Note or any other Loan Documents; (b) all rights to notice and a hearing
prior to Agent’s taking possession or control of, or to Agent’s replevy, attachment or levy upon, the Collateral or
any bond or security that might be required by any court prior to allowing Agent to exercise any of its remedies; and (c) the
benefit of all valuation, appraisal and exemption laws.

 

Borrower acknowledges
that this Note is executed as part of a commercial transaction and that the proceeds of this Note will not be used for any personal
or consumer purpose.

 

    	 	2	 

     

    

  

Borrower agrees to
pay to Agent all fees and expenses described in the Loan Agreement and the other Loan Documents.

 

	 	XCEL BRANDS, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

  

    	 	3	 

     

    

 

EXHIBIT C

 

FORM OF CERTIFICATE OF COMPLIANCE

 

Use Borrowing Representative Letterhead
with this Form]

 

[Date]

 

To: Account Manager

 

This is to certify that in accordance
with the Second Amended and Restated Loan and Security Agreement dated as of February 11, 2019 (the “Loan Agreement;”
capitalized terms are used herein as defined in the Loan Agreement) that the attached Financial Statements are complete and true
and have been prepared in conformance with GAAP. In addition there are no Defaults or Events of Default continuing as of such
date [if there are acceptable exceptions, list them].

 

No Credit Party is in default in the performance,
observance or fulfillment of any of the obligations, covenants or conditions contained in any Material Contract and there had
been no termination or threat of termination of any Material Contract except to the extent such default could not reasonably be
expected to have a Material Adverse Effect or any material amendment to or modification of a Material Contract, or the execution
of any new Material Contract by any Credit Party.

 

No Credit Party has formed or acquired
any Subsidiary except for: [List new Subsidiaries, including Excluded Subsidiaries].

 

The following is a list of Outside Financing
obtained by each Excluded Subsidiary: [List Outside Financing].

 

Also attached are the covenant calculations
used in determining compliance with the financial covenants contained in Schedule II to the Loan Agreement.

 

Very truly yours,

 

Chief Executive Officer

 

or Chief Financial Officer

 

    	 	1	 

     

    

 

EXHIBIT D

 

POWER OF ATTORNEY

 

This Power of Attorney
is executed and delivered by [Insert Name of Credit Party], a [Insert Credit Party’s State of Formation] [Insert Credit
Party’s form of organization] (“Grantor”) to Bank Hapoalim B.M. (hereinafter referred to as “Attorney”),
as Agent, under a Second Amended and Restated Loan and Security Agreement, dated as of February 11, 2019 and other related documents
(the “Loan Documents”, capitalized terms used herein but not otherwise defined shall have the meaning assigned
to them in the Loan Documents). No person to whom this Power of Attorney is presented, as authority for Attorney to take any action
or actions contemplated hereby, shall be required to inquire into or seek confirmation from Grantor as to the authority of Attorney
to take any action described below, or as to the existence of or fulfillment of any condition to this Power of Attorney, which
is intended to grant to Attorney unconditionally the authority to take and perform the actions contemplated herein, and Grantor
irrevocable waives any right to commence any suit or action, in law or equity, against any person or entity which acts in reliance
upon or acknowledges the authority granted under this Power of Attorney. The power of attorney granted hereby is coupled with
an interest, and may not be revoked or canceled by Grantor without Attorney’s written consent.

 

Grantor hereby irrevocably
constitutes and appoints Attorney (and all officers, employees or agents designated by Attorney), with full power of substitution,
as Grantor’s true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of Grantor
and in the name of Grantor or in its own name, from time to time in Attorney’s discretion, to take any and all appropriate
action and to execute and deliver any and all documents and instruments which may be necessary or desirable to accomplish the
purposes of the Loan Documents and, without limiting the generality of the foregoing, Grantor hereby grants to Attorney the power
and right, on behalf of Grantor, without notice to or assent by Grantor, and at any time, to sell, transfer, pledge make any agreement
with respect to or otherwise deal with any of the Collateral in such manner as is consistent with the Uniform Commercial Code
of the State of New York and as fully and completely as though Attorney were the absolute owner thereof for all purposes, and
to do at the Grantor’s expense, at any time, or from time to time, all acts and things which the Bank deems necessary to
protect, preserve or realize upon the Collateral and Attorney’s security interest therein, in order to effect the intent
of the Loan Documents, all as fully and effectively as Grantor might do, including, without limitation, (i) the filing and prosecuting
of registration and transfer applications with the appropriate federal or local agencies or authorities with respect to trademarks,
copyrights and patentable inventions and processes, (ii) the exercise of voting rights with respect to voting securities, which
rights may be exercised, if Attorney so elects, with a view to causing the liquidation in a commercially reasonable manner of
assets of the issuer of any such securities and (iii) the execution, delivery and recording, in connection with any sale or other
disposition of any Collateral, of the endorsements, assignments or other instruments of conveyance or transfer with respect to
such Collateral Grantor hereby ratifies, to the extent permitted by law, all that said Attorney shall lawfully do or cause to
be done by virtue hereof.

 

    	 	1	 

     

    

 

IN WITNESS WHEREOF,
this Power of Attorney is executed by Grantor on [          ].

 

	 	[Insert Name of Credit Party]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

NOTARY PUBLIC CERTIFICATE

 

On this _____ day
of ______________, 2019, ______________, who is personally known to me appeared before me in his/her capacity as the ____________
of __________ (“Grantor”) and executed on behalf of Grantor the Power of Attorney in favor of Bank Hapoalim
B.M. to which this Certificate is attached.

 

	 	 
	 	Notary Public

  

    	 	2	 

     

    

 

EXHIBIT E

 

FORM OF QUARTERLY ROYALTY COLLECTIONS
REPORT

 

[Name]

Royalty Collection Report

Quarter Ending [___________________]

 

	Account No.	 	Licensee	 	Contract Year	 	[Quarter]

Revenue

Payments

Received	 	[Quarter]

Guaranteed

Minimum

Royalties	 	[Quarter]

Revenues

(GAAP

Basis)
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	[Total]	 	[Total]	 	[Total]

 

    	 	1	 

     

    

 

EXHIBIT F

 

FORM OF ASSIGNMENT AGREEMENT

 

This ASSIGNMENT, dated
as of the Effective Date, is entered into between ___________ (“Assignor”) and ___________ (“Assignee”).

 

The parties hereto
hereby agree as follows:

 

	Borrower:	Xcel Brands, Inc., a Delaware corporation and __________, a ___________ (together,
    the “Borrowers”)
	 	 
	Agent:	Bank Hapoalim B.M., as administrative and collateral agent for the Lenders and LC Issuers
    (in such capacity and together with its successors and permitted assigns, the “Agent”)
	 	 
	Loan Agreement:	Second Amended and Restated Loan and Security Agreement, dated as of February 11, 2019, among
    Borrowers, the other Credit Parties party thereto, the Lenders and LC Issuers party thereto and the Agent (as the same may
    be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”; capitalized
    terms used herein without definition are used as defined in the Loan Agreement)
	 	 
	Effective Date:	_________, ____
	 	 

    	 	1	 

     

    

 

	Loan/ Commitment Assigned	 	Aggregate amount of

    Commitments or principal

    amount of Loans for all

    Lenders	 	Aggregate amount of

    Commitments or

    principal amount of

    Loans Assigned	 	Percentage

    Assigned
	Revolving
Loan Commitment
	 	$______________	 	$______________	 	__.___%
	Term Loan A Commitment	 	$______________	 	$______________	 	__.___%
	Term Loan B Commitment	 	$______________	 	$______________	 	__.___%

 

[THE REMAINDER OF THIS PAGE WAS INTENTIONALLY
LEFT BLANK]

 

    	 	2	 

     

    

 

Section
1.        Assignment. Assignor hereby sells and assigns to Assignee,
and Assignee hereby purchases and assumes from Assignor, Assignor’s rights and obligations in its capacity as Lender under
the Loan Agreement and the other Loan Documents, in each case to the extent related to the amounts identified above (the “Assigned
Interest”).

 

Section
2.        Representations, Warranties and Covenants of Assignor. Assignor
(a) represents and warrants to Assignee and the Agent that (i) it has full power and authority, and has taken all actions
necessary for it, to execute and deliver this Assignment and to consummate the transactions contemplated hereby and (ii) it is
the legal and beneficial owner of its Assigned Interest and that such Assigned Interest is free and clear of any Lien and other
adverse claims and (iii) the Person signing, executing and delivering this Assignment on behalf of the Assignor is an authorized
signatory for the Assignor and is authorized to execute, sign and deliver this Agreement, (b) makes no other representation or
warranty and assumes no responsibility, including with respect to the aggregate amount of the Loans and Commitments, the percentage
of the Loans and Commitments represented by the amounts assigned, any statements, representations and warranties made in or in
connection with any Loan Document or any other document or information furnished pursuant thereto, the execution, legality, validity,
enforceability or genuineness of any Loan Document or any document or information provided in connection therewith and the existence,
nature or value of any Collateral, (c) assumes no responsibility (and makes no representation or warranty) with respect to the
financial condition of any Credit Party or the performance or nonperformance by any Credit Party of any obligation under any Loan
Document or any document provided in connection therewith and (d) attaches any Notes held by it evidencing at least in part the
Assigned Interest of such Assignor (or, if applicable, an affidavit of loss or similar affidavit therefor) and requests that the
Agent exchange such Notes for new Notes in accordance with the Loan Agreement.

 

Section
3.        Representations, Warranties and Covenants of Assignee. Assignee
(a) represents and warrants to Assignor and the Agent that (i) it has full power and authority, and has taken all actions
necessary for Assignee, to execute and deliver this Assignment and to consummate the transactions contemplated hereby, (ii) it
is [not] an Affiliate or an Approved Fund of _______, a Lender and (iii) it is sophisticated with respect to decisions to acquire
assets of the type represented by the Assigned Interest assigned to it hereunder and either Assignee or the Person exercising
discretion in making the decision for such assignment is experienced in acquiring assets of such type, (iv) the Person signing,
executing and delivering this Assignment on behalf of the Assignor is an authorized signatory for the Assignor and is authorized
to execute, sign and deliver this Agreement (b) appoints and authorizes the Agent to take such action as administrative agent
on its behalf and to exercise such powers under the Loan Documents as are delegated to the Agent by the terms thereof, together
with such powers as are reasonably incidental thereto, (c) shall perform in accordance with their terms all obligations that,
by the terms of the Loan Documents, are required to be performed by it as a Lender, (d) confirms it has received such documents
and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and shall
continue to make its own credit decisions in taking or not taking any action under any Loan Document independently and without
reliance upon Agent, any LC Issuer, any Lender or any other Indemnitee and based on such documents and information as it shall
deem appropriate at the time, (e) acknowledges and agrees that, as a Lender, it may receive material non-public information and
confidential information concerning the Credit Parties and their Affiliates and their Equity Interests and agrees to use such
information in accordance with the Loan Agreement, (f) specifies as its applicable lending offices (and addresses for notices)
the offices at the addresses set forth beneath its name on the signature pages hereof, (g) shall pay to the Agent an assignment
fee in the amount of $3,500 to the extent such fee is required to be paid under Section 9.9 of the Loan Agreement and (h) to the
extent required pursuant to Section 3.9(f) of the Loan Agreement, attaches two completed originals of IRS Forms W-8ECI, W-8BEN,
W-8BEN-E, W-8IMY or W-9 and, if applicable, a portfolio interest exemption certificate. 

 

    	 	3	 

     

    

 

Section
4.         Determination of Effective Date; Register. Following
the due execution and delivery of this Assignment by Assignor, Assignee and, to the extent required by the Loan Agreement, Borrowers,
this Assignment (including its attachments) will be delivered to the Agent for its acceptance and recording in the Register. The
effective date of this Assignment (the “Effective Date”) shall be the later of (i) the acceptance of this Assignment
by the Agent and (ii) the recording of this Assignment in the Register. The Agent shall insert the Effective Date when known in
the space provided therefor at the beginning of this Assignment.

 

Section
5.          Effect. As of the Effective Date, (a) Assignee shall
be a party to the Loan Agreement and, to the extent provided in this Assignment, have the rights and obligations of a Lender under
the Loan Agreement and (b) Assignor shall, to the extent provided in this Assignment, relinquish its rights (except those surviving
the termination of the Commitments and payment in full of the Obligations) and be released from its obligations under the Loan
Documents other than those obligations relating to events and circumstances occurring prior to the Effective Date.

 

Section
6.         Distribution of Payments. On and after the Effective
Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts
accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

 

Section
7.         Miscellaneous.

 

(a)       The
parties hereto, to the extent permitted by law, waive all right to trial by jury in any action, suit, or proceeding arising out
of, in connection with or relating to, this Assignment and any other transaction contemplated hereby. This waiver applies to any
action, suit or proceeding whether sounding in tort, contract or otherwise.

 

(b)       On
and after the Effective Date, this Assignment shall be binding upon, and inure to the benefit of, the Assignor, Assignee, the
Agent and their Related Persons and their successors and assigns.

 

(c)       This
Assignment shall be governed by, and be construed and interpreted in accordance with, the law of the State of New York.

 

(d)       This
Assignment may be executed in any number of counterparts and by different parties in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.

 

    	 	4	 

     

    

  

(e)       Signature
pages may be detached from multiple separate counterparts and attached to a single counterpart. Delivery of an executed signature
page of this Assignment by facsimile transmission or other electronic transmission shall be as effective as delivery of a manually
executed counterpart of this Assignment.

 

    	 	5	 

     

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Assignment to be executed by their respective officers thereunto duly authorized, as of the
date first above written.

 

	 	[NAME OF ASSIGNOR], as Assignor
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	[NAME OF ASSIGNEE], as Assignee
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	Lending Office for LIBOR Rate Loans:
	 	 
	 	[Insert Address (including contact name, fax number and e-mail address)]
	 	 
	 	Lending Office (and address for notices) for any other purpose:
	 	 
	 	[Insert Address (including contact name, fax number and e-mail address)]

  

    	 	6	 

     

    

 

	ACCEPTED and AGREED	 
	this __ day of ______ _____:	 
	 	 
	BANK HAPOALIM B.M., as Agent	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 
	 	 	 
	XCEL BRANDS, INC.,	 
	as the Borrowing Representative	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

 

    	 	7	 

     

    

 

EXHIBIT G

 

FORM OF LIBOR NOTICE

 

	TO:	Bank Hapoalim B.M., as Agent (“Agent”)

        Attention:Lisa Matalon, Vice President

        Facsimile:(212) 782-2345

         

	FROM:	Xcel Brands, Inc. (“Borrower”)

         

	SUBJECT:	Second Amended and Restated Loan and Security Agreement dated as of February 11, 2019 among Borrower, the other Credit
    Parties party thereto from time to time, Lenders and Agent (as amended, modified, supplemented and restated from time to time,
    the “Loan Agreement”)
	DATE:	 

         

 

 

 

This is a LIBOR Continuation/Conversion
Notice (“Notice”) referenced in Section 4.2 of the Loan Agreement. Capitalized terms used herein which are
not defined in this Borrowing Request shall have the meanings given to them in the Loan Agreement.

 

The Borrower hereby
gives irrevocable notice, pursuant to Section 4.2 of the Loan Agreement, of the following request to:1

 

[OPTION A:On [__________ __, 201_],
convert $[__________] of the aggregate outstanding principal amount of a [_____] Loan into a [_____] Loan [and, in the case of
a LIBOR Loan, having an Interest Period of [_____] month(s)].2

 

[OPTION B:On [__________ __, 201_],
continue $[__________] of the aggregate outstanding principal amount of a LIBOR Loan as a LIBOR Loan having an Interest Period
of [_____] month(s)].

 

[Remainder of Page Left Intentionally Blank]

 

 

 

1 This notice must be given
at least two days Business Days prior to continuation as or conversion to a LIBOR Loan, and (ii) one Business Day prior to conversion
to a Prime Rate Loan. Each LIBOR Continuation/Conversion Notice is irrevocable and, to be effective, must be received by the Lender
not later than 2:00 p.m. on the day required.

 

2 Select an Interest Period
as set forth in the Loan Agreement.

 

    	 	 	 

     

    

 

IN WITNESS WHEREOF, the Borrower has executed
and delivered this Notice by and through an authorized officer as of the date and year first set forth above.

 

	 	XCEL BRANDS, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.2

 

NAMES, ORGANIZATIONAL INFORMATION,
COLLATERAL LOCATIONS

 

	Official Name	 	Prior Names	 	State of

Incorporation

or Organization	 	Type of

Entity	 	Organizational

Identification

Number
	Xcel Brands, Inc.	 	Netfabric Holdings, Inc.	 	Delaware	 	Corporation	 	2206651
	IM Brands, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	4962792
	JR Licensing, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	5480106
	H Licensing, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	5617462
	H Heritage Licensing, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	7115848
	C Wonder Licensing, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	5741938
	Xcel Design Group, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	5796495
	XCEL-CT MFG, LLC	 	N/A	 	Delaware	 	Limited Liability Company	 	7015784
	Judith Ripka Fine Jewelry, LLC	 	IMNY E-Store, USA, LLC	 	Delaware	 	Limited Liability Company	 	5404259

  

    	 	 	 

     

    

 

Chief Executive Office and pincipal
place of business:

 

1333 Broadway, 10th Floor

New York, NY 10018

 

Warehouses:

 

None.

 

Other Premises at which Collateral
is stored or Located:

 

None.

 

Locations of Records Concerning Collateral:

 

1333 Broadway, 10th Floor

New York, NY 10018

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.6

 

REAL ESTATE

 

	Address	Type [owned, leased,

    warehouse]	County
	 

        475 Tenth Ave, 4th
        Floor

        New York, NY 10018

         

        1333 Broadway, 10th
        Floor

        New York, NY 10018
	 

        Leased

         

         

        Leased
	 

        New York

         

         

        New York

	 	 	 	 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.7

 

VENTURES, SUBSIDIARIES AND AFFILIATES

 

	Issuer	Type	Holder	Equity Interests	 
	 	 	 	 	 
	IM Brands, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	JR Licensing, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	H Licensing, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	H Heritage Licensing, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	C Wonder Licensing, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	Xcel Design Group, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	Xcel-CT MFG, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	Judith Ripka Fine Jewelry, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests	 
	 	 	 	 	 
	The Beauty Solution, LLC	Subsidiary	Xcel Brands, Inc.	100% of Membership Interests, projected to reduce to 30% to 40% Membership Interests	 
	 	 	 	 	 
	Tribe Cosmetics LLC	Subsidiary	Xcel Brands Inc.	100% of Membership Interests	 
	 	 	 	 	 
	Xcel Acquisition Co., LLC	Subsidiary	Xcel Brands Inc.	100% of Membership Interests	 

  

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.9

 

TAXES

 

None.

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.12

LITIGATION

 

		1.	Threatened litigation: Notice of Violation of California’s
                                         Proposition 65, Health & Safety Code § 25249.6 (“Prop 65”) from
                                         Ema Bell to C Wonder Licensing, alleging exposure to Di(2-ethylhexyl)phthalate (“DEHP”)
                                         from C Wonder 4 Piece Train Case. Injunctive relief and civil penalties sought. No specific
                                         amount claimed for civil penalties. Injunctive relief seeks Prop 65 warnings or removal
                                         of subject chemical.

 

		2.	Threatened litigation: Notice of Violation of Prop 65 from
                                         Ecological Alliance, LLC to Xcel Brands, Inc. alleging exposure to DEHP from UPC# 74-603841-000499.
                                         Injunctive relief and civil penalties sought. No specific amount claimed for civil penalties.
                                         Injunctive relief seeks product recall, Prop 65 warnings, and/or removal of subject chemical.

 

		3.	Threatened litigation: Notice of Violation of Prop 65 from
                                         Consumer Advocacy Group, Inc. to IM Brands, LLC alleging exposure to DEHP from Travel
                                         Bottle Kit. Injunctive relief and civil penalties sought. No specific amount claimed
                                         for civil penalties. Injunctive relief seeks Prop 65 warning or removal of subject chemical.

 

		4.	Ongoing litigation: Rachel Allgood,
                                         as assignee of Isocurve against The Judith Ripka Companies Inc. (“Ripka”),
                                         Judith Ripka Creations Inc., Judith Ripka Jewelry LTD, Judith Ripka, and Xcel Brands
                                         Inc. claiming $851,435 plus 10% of Ripka’s gross revenues.

 

		5.	Ongoing litigation: Texmont Design Limited, as plaintiff against
                                         Xcel Brands, Inc., Halston Operating Company, LLC, House of Halston, LLC and the H Company
                                         IP for breach of contract, failure to pay for goods sold and delivered, account stated,
                                         open book account, unjust enrichment and promissory estoppel. Plaintiff claims damages
                                         of $1,198,077.25.

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.13

 

INTELLECTUAL PROPERTY

 

Trademarks

 

15.       C.
Wonder Licensing LLC:

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,152	12/21/2012 	14:
    jewelry, namely, earrings, necklaces, bracelets and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

         

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,153	12/21/2012 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

         

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,581,915	07/15/2013 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas, leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags, tote bags	Registered

         

        Renewal due 07/15/2022 –
        07/15/2023

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,154	12/21/2012 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

         

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,155	12/21/2012 	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,156	12/21/2012 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

         

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,157	12/21/2012 	35:
    Retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,150	12/21/2012 	4:
    candles	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

	C. (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,151	12/21/2012 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthanlmic frames and cases therefore; electronics, namely, mp3 players and cases
    therefore, cell phones and cases therefore, cameras and cases therefore, and audio headphones and cases therefore	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,676	12/21/2012 	14:
    Jewelry, namely. earnngs, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

         

	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,678	12/21/2012 	16:
    Stationery, namely, Journals and note card;: paperweights; pens and writing instruments	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,680	12/21/2012 	18:
    Leather goods. casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bag;, fanny pack;: book
    bags; messenger bags: purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases;
    key fobs;  umbrella;: luggage tags; hand bags; tote bags	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,681	12/21/2012 	21:
    Household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

         

	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,709,002	02/09/2015 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 02/09/2024 –
        02/09/2025

         

	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,682	12/21/2012 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,672	12/21/2012 	4:
    candles 	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Argentina - (AR)	C. Wonder LLC	2,546,674	12/21/2012 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely mp3 players and cases
    therefor, cell phones and cases therefor, cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,147	12/21/2012	14:
    jewelry, namely, earrings, necklaces, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 12/21/2021 –
        12/21/2022

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,148	12/21/2012	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,628,637	02/06/2014 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due

        02/06/2023-02/06/2024

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,149	12/21/2012 	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,638,684	04/11/2014 	35:
    bringing together (except transportation), for the benefit of others, of jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics, enabling customers to conveniently view and purchase the cited goods; bringing together in
    virtual sites (except transportation), for the benefit of others, of  jewelry, housewares, stationery, leather goods
    and bags, eyewear, and electronics, enabling customers to conveniently view and purchase the cited goods on line	Registered

         

        Renewal Due 04/11/2023 –
        04/11/2024

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,547,146	12/21/2012 	4:
    candles	Registered

         

        Renewal Due: 12/21/2021 –
        12/21/2022

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina - (AR)	C. Wonder LLC	2,638,685	03/25/2014	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 03/25/2023 –
        03/25/2024

	C. WONDER (Stylized)

                                                                                                             

        
	Argentina –
    (AR)	C. Wonder LLC	2,889,391	05/26/2017	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 05/26/2026 –
        05/26/2027

	C. (Stylized)

                                                                                                             

        
	Australia - (AU)	C. Wonder Licensing
    LLC	1,094,638	10/03/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. (Stylized)

                                                                                                             

        
	Australia - (AU)	C. Wonder Licensing
    LLC	1,096,520	03/20/2012 	4: candles

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Australia - (AU)	C. Wonder Licensing
    LLC	1,082,027	07/10/2013 	4: candles

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	Australia - (AU)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

         

        
	Australia - (AU)	C. Wonder Licensing
    LLC	1,094,439	10/03/2011 	4: candles

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Bahrain - (BH)	C. Wonder Licensing
    LLC	1,082,027	07/10/2013 	4: candles

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal Due 03/18/2020 –
        03/18/2021

	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	Bahrain - (BH)	C. Wonder Licensing
    LLC	102,946	01/10/2017	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/01/2024

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	Bahrain - (BH)	C. Wonder Licensing
    LLC	102,947	04/01/2017 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/01/2024

	C. (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,116	12/09/2014 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

         

	C. (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,060	12/09/2014 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

	C. (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,183	12/09/2014	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

	C. (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,205	12/09/2014 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,159	12/09/2014 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,921	07/15/2014 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

         

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,972	07/15/2014 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

         

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,986,891	07/14/2014 	18:
    leather goods; casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book
    bags; messenger bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases;
    key fobs; umbrellas; luggage tags; hand bags; tote bags	Registered

         

        Renewal due 07/14/2023 –
        07/14/2024

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,875	07/15/2014 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

         

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,867	07/15/2014 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,840	07/15/2014 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

         

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,832	07/15/2014 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,986,014	07/15/2014 	4:
    candles	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

         

	C.
    WONDER	Brazil - (BR)	C. Wonder Licensing
    LLC	830,985,956	07/15/2014 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 07/15/2023 –
        07/15/2024

	C. WONDER (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,043	12/09/2014 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

	C. WONDER (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,236,035	12/09/2014 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,235,977	12/09/2014 	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

	C. WONDER (Stylized)

                                                                                                             

        
	Brazil - (BR)	C. Wonder Licensing
    LLC	831,235,934	12/09/2014 	35:
    services retail sale of clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear and electronics;
    services online retail clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear and electronics
    store	Registered

         

        Renewal due 12/09/2023 –
        12/09/2024

	C. WONDER (Stylized)

                                                                                                             

        
	Brazil – (BR)	C. Wonder Licensing
    LLC	(831,235,950)	(10/04/2011)	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Pending
	C. WONDER (Stylized)

                                                                                                             

        
	Brazil – (BR)	C. Wonder Licensing
    LLC	831,236,000	01/02/2019	4:
    Candles	Registered

         

        Renewal due 01/02/2029

	C. WONDER (Stylized)

                                                                                                             

        
	Brazil – (BR)	C. Wonder Licensing
    LLC	831,236,027	01/02/2019	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 01/02/2029

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER LIMITED	Canada - (CA)	C. Wonder Licensing
    LLC	(1,742,392)	(08/19/2015) 	9: Sport eyewear; eyeglasses; sunglasses;
        lenses for sunglasses; eyeglass frames; sunglass frames; opera glasses; reading glasses; spectacles; eyeglass, sunglass
        and spectacle cases; eyeglass, sunglass and spectacle straps; eyeglass, sungl accessories, namely, hard cases for eyewear,
        soft pouches for eyewear and lens cloths; parts and fittings for eyeglasses, sunglasses and spectacles

         

        14: clock watches women's and men's cuff bracelets;
        costume jewelry; jewelry

         

        18: Leather and imitations of leather, and goods made
        of these materials namely, handbags, carrying cases, wallets, attaché cases, briefcases, tote bags, luggage, knapsacks,
        change purses, business and credit card cases and holders, pouches; all-purpose sports and athletic bags; beach, book,
        carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks;
        knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not
        of paper or cardboard; tool bags sold empty; briefcases; briefcase-type portfolios; men's clutches; business cases; business
        card cases; business tote bags; calling and credit card cases; key cases; leather key chains; wallets; banknote holders;
        billfolds; umbrellas; parasols; walking sticks; messenger bags, handbags, shopping tote bags, grocery tote bags

         

        25: Clothing, namely, belts, jackets, gloves, dresses,
        coats, sweaters, tights, leggings, socks, knee highs, shirts, suits, pants, slacks, trousers, gowns, jumpsuits, blouses,
        skirts, hosiery, panty hose stockings, jeans, shorts, sweaters, sweatshirts, hooded shirts and sweatshirts, vests, t-shirts,
        overalls, swimsuits, underwear briefs and tank tops, crop tops, sweat tops, bras and panties, lingerie, slips, camisoles,
        hosiery, shapewear, namely, girdles, body shapers, bodysuits, sleepwear and loungewear; knit bottoms, tops, and trousers;
        woven bottoms, tops, and trousers; wedding gowns; aprons; bibs of cloth for children; bridal apparel and accessories,
        namely, bridal gowns and bridesmaid dresses; children's and infant's apparel, namely, pants, shirts, t-shirts, skirts,
        dresses, coats, jackets, sweaters and socks; neckwear namely, neck ties, neck warmers, scarves; footwear, namely, shoes,
        boots, outdoor winter boots, slippers, sandals; headwear, namely, hats, caps, toques

         

         
	Filed

         

        Declaration of Use/Extension of
        Time Request due 08/19/2019

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Chile - (CL)	C. Wonder Licensing
    LLC	1,019,297	06/28/2013 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 06/28/2022 –
        06/28/2023

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Chile - (CL)	C. Wonder Licensing
    LLC	1,073,709	01/21/2014 	4: candles

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils; cookware;
        bakeware; glassware; candle holders; serving trays
	Registered

         

        Renewal due 01/21/2023 –
        01/21/2024

	C.
    WONDER	Chile - (CL)	C. Wonder Licensing
    LLC	1,117,346	08/05/2014 	9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits
	Renewal
    Due 08/05/2023 – 08/05/2024
	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	988,331	01/22/2013 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Renewal
    due 01/22/2022 – 01/22/2023

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	1,057,895	11/18/2013 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags, tote bags	Registered

         

        Renewal due 11/18/2022 –
        11/18/2023

	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	992,424	02/07/2013 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

        

        Renewal due 02/07/2022 –
        02/07/2023

	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	1,073,939	01/21/2014 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

        

        Renewal due 01/21/2020 – 01/21/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	1,067,735	12/20/2013 	35:
    retail store services featuring furniture	Registered

         

        Renewal due 12/20/2022 –
        12/20/2023

	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	988,329	01/24/2013 	4:
    candles 	Registered

         

        Renewal due 01/24/2022 –
        01/24/2023

	C. WONDER (Stylized)

                                                                                                             

        
	Chile - (CL)	C. Wonder Licensing
    LLC	992,422	02/07/2013 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 02/07/2022 –
        02/07/2023

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,317	01/22/2013	14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         
	Registered

         

        Renewal due 01/22/2022 –
        01/22/2023

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,319	01/22/2013	16: stationery, namely, journals
        and note cards; paperweights; pens

         
	Registered

         

        Renewal due 01/22/2022 –
        01/22/2023

         

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	1,008,737	05/06/2013	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags, tote bags	Registered

        Renewal due 05/06/2022 –
        05/06/2023

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,321	01/22/2013	20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         
	Registered

         

        Renewal due 01/22/2022 –
        01/22/2023

         

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,323	01/22/2013	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 01/22/2022 –
        01/22/2023

         

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,325	01/24/2013	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hat, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 01/24/2022 - 01/24/2023

         

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,327	01/22/2013	35:
    retail store service featuring clothing, furniture, jewelry, housewares, stationary, leather goods and bags, eyewear, and
    electronics; online retail services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags,
    eyewear, and electronics	Registered

         

        Renewal due 01/22/2022 –
        01/22/2023

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,313	01/24/2013	4:
    Candles	Registered

         

        Renewal due 01/24/2022 –
        01/24/2023

         

	C. (Stylized)

                                                                                                             

        
	Chile – (CL)	C. Wonder Licensing
    LLC	988,315	01/22/2013	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 01/22/2022 –
        01/23/2023

         

	C. (Stylized)

                                                                                                             

        
	China P.R. - (CN)	C. Wonder Licensing
    LLC	1,094,638	10/03/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. (Stylized)

         

        
	China P.R. - (CN)	C. Wonder Licensing
    LLC	11,582,681	04/28/2014 	35:
    presentation of goods on communication media, for retail purposes; commercial information and advice for consumers (consumer
    advice shop); outsourcing services (business assistance);sales promotion (for others); procurement services for others (purchasing
    goods and services for other businesses); personnel recruitment; relocation services for business; administrative processing
    of purchase orders; computer registration services; sponsorship search	Registered

         

        Renewal due 04/28/2023 –
        04/28/2024

	C. (Stylized)

                                                                                                             

        
	China P.R. - (CN)	C. Wonder Licensing
    LLC	1,096,520	10/03/2011	4: Candles

         

        9: Eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely; cell phone cases, and audio headphones

         

        14: Jewelry, namely, earrings,
        necklaces, bracelets, and watches

         

        18: Casual sport bags; all-purpose
        athletic bags; sports bags; luggage; duffle bags; book bags; messenger bags; purses; wallets; key cases; umbrellas; briefcase-type
        portfolios; cosmetic cases sold empty; luggage tags; hand bags, tote bags

         

        20: Decorative boxes made of wood

         

        25: Clothing namely, shirts, pants,
        sweaters, and shoes

         
	Registered

         

        Renewal due 10/03/2021 –
        10/03/2022

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	China P.R. - (CN)	C. Wonder LLC	13,466,888	10/28/2015 	14:
    Jewelry; key chain (jewelry); earrings; necklaces [jewelry]; bracelets [jewelry]; key rings [trinkets or fobs]	Registered

         

        Renewal due 10/28/2024 –
        10/28/2025

         

	C.
    WONDER	China P.R. - (CN)	C. Wonder LLC	10,873,730	11/06/2025	35:
    Presentation of goods on communication media, for retail purposes; commercial information and advice for consumers [consumer
    advice shop]; outsourcing services [business assistance]; sales promotion [for others]; procurement services for others [purchasing
    goods and services for other businesses]; personnel recruitment; businesses (relocation services for-); administrative processing
    of purchase orders; computer registration services; sponsorship search	Registered

         

        Renewal due 11/06/2024 –
        11/06/2025

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	China P.R. - (CN)	C. Wonder Licensing
    LLC	1,082,027	03/18/2011 	4: Candles

         

        9: Eyewear namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, cell phones cases, and audio headphones

         

        18: Leather goods, namely, briefcases;
        casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book bags; messenger bags; purses; wallets;
        key cases; leather key chains; cosmetic cases sold empty, umbrellas; hand bags; tote bags; umbrellas; briefcase type portfolios,
        luggage tags

         

        20: Key fobs not of metal

         

        21: Beverage glassware; serving
        trays

         

        25: Clothing, namely shirts, pants,
        sweaters, jackets, coats, shoes, boots, skirts, dresses, blouses, belts, and scarves

         

         
	Registered

         

        Renewal due 03/18/2020 –
        03/18/2021

	C. WONDER (Stylized)

         

        
	China P.R. - (CN)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011	18: Casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags, tote bags

         

        21: Household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; candle
        holders; serving trays

         
	Registered

         

        Renewal due 10/03/2021 –
        10/03/2022

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                 

                                                                                 
	China P.R. - (CN)	C. Wonder LLC	11,377,322	07/21/2016	35:
    business (relocation services);sponsorship search	Registered

         

        Renewal due 07/20/2025 –
        07/20/2026

	C. WONDER (Stylized)

         

        
	China P.R. –
    (CN)	C. Wonder Licensing
    LLC	1,094,439	10/03/2011	4: candles

         

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	European Union Trademark
    - (EM)	C. Wonder Licensing
    LLC	1,094,638	09/05/2012 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	European Union Trademark
    - (EM)	C. Wonder Licensing
    LLC	1,096,520	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	European Union Trademark
    - (EM)	C Wonder Licensing,
    LLC	1,082,027	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal Due 03/18/2020 –
        03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	European Union Trademark
    - (EM)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

         

        
	European Union Trademark
    - (EM)	C. Wonder Licensing
    LLC	1,094,439	10/03/2011 	4: candles

         

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER LIMITED	European Union Trademark
    - (EM)	C. Wonder Licensing
    LLC	14,492,334	12/18/2015 	9: Eyewear; eyeglasses; sunglasses;
        lenses for sunglasses; eyeglass frames; sunglass frames; opera glasses; reading glasses; spectacles; eyeglass, sunglass
        and spectacle cases; eyeglass, sunglass and spectacle straps; eyeglass, sunglass and spectacle chains; related accessories,
        namely, hard cases for eyewear and soft pouches for eyewear; parts and fittings for eyeglasses, sunglasses and spectacles

         

        14: Timepieces; women's and men's
        cuff bracelets; costume jewelry; jewelry.

         

        25: Clothing, namely, belts [clothing],
        jackets, gloves, dresses, coats, sweaters, tights, leggings, socks, knee highs, shirts, suits, pants, slacks, trousers,
        gowns, jumpsuits, blouses, skirts, hosiery, panty hose stockings, jeans, shorts, sweaters, sweatshirts, hooded shirts
        and sweatshirts, vests, t-shirts, overalls, swimsuits, underwear briefs and tops, bras and panties, lingerie, slips, camisoles,
        hosiery, shapewear, namely, girdles, body shapers, bodysuits, sleepwear and loungewear; knit bottoms, tops, and trousers;
        woven bottoms, tops, and trousers; wedding gowns; aprons; bibs of cloth for children; bridal apparel and accessories,
        namely, bridal gowns and bridesmaid dresses; children's and infant's apparel, namely, pants, shirts, t-shirts, skirts,
        dresses, coats, jackets, sweaters and socks; neckwear; footwear; headwear
	Registered

         

        Renewal due 8/21/2024- 8/21/2025

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Hong Kong - (HK)	C. Wonder Licensing
    LLC	301,870,713	03/28/2011 	4: candles

         

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        18: leather goods, namely, briefcases,
        casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; hand bags; tote bags; umbrellas; briefcase type portfolios, luggage tags

         

        21: household utensils; cookware;
        bakeware; glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 03/28/2020 –
        03/28/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	Hong Kong - (HK)	C. Wonder Licensing
    LLC	302,047,518	10/03/2011 	4: industrial oils and greases;
        lubricants; dust absorbing, wetting and binding compositions; fuels (including motor spirit) and illuminants; candles,
        wicks

         

        16: paper, cardboard and goods
        made from these materials, not included in other classes; printed matter; bookbinding material; photographs; stationery;
        adhesives for stationery or household purposes; artists' materials; paint brushes; typewriters and office requisites (except
        furniture); instructional and teaching material (except apparatus); plastic materials for packaging (not included in other
        classes); playing cards; printers' type; printing blocks

         

        18: leather and imitations of leather,
        and goods made of these materials and not included in other classes; animal skins, hides; trunks and travelling bags;
        umbrellas, parasols and walking sticks; whips, harness and saddlery

         

        21: household or kitchen utensils
        and containers (not of precious metal or coated therewith); combs and sponges; brushes (except paint brushes); brush-making
        materials; articles for cleaning purposes; steelwool; unworked or semi-worked glass (except glass used in building); glassware,
        porcelain and earthenware not included in other classes

         

        21: household or kitchen utensils
        and containers (not of precious metal or coated therewith); combs and sponges; brushes (except paint brushes); brush-making
        materials; articles for cleaning purposes; steelwool; unworked or semi-worked glass (except glass used in building); glassware,
        porcelain and earthenware not included in other classes
	Registered

         

        Renewal due 10/03/2021 –
        10/03/2022

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	India - (IN)	C. Wonder LLC	2,360,548	07/09/2012	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 07/09/2022

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000438277	11/24/2014	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000437689	11/24/2014	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000437690	11/24/2014 	18:
    leather goods, namely, briefcases, casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book bags;
    messenger bags; purses; wallets; key cases; umbrellas; hand bags; tote bags; umbrellas; briefcase type portfolios, luggage
    tags	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000437692	11/24/2014	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000437688	11/24/2014	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000435984	 11/06/2014	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000445057	01/20/2015	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000434176	11/06/2014 	4:
    candles	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. (Stylized)

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000451336	01/26/2015 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000400125	10/09/2013	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

         

	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000423075	02/09/2014 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

         

	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000400141	10/09/2013	18:
    leather goods, namely, briefcases, casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book bags;
    messenger bags; purses; wallets; key cases; umbrellas; hand bags; tote bags; umbrellas; briefcase type portfolios, luggage
    tags	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000400122	10/09/2013	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000400123	10/09/2013 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

         

	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000417768	07/10/2014	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

	C.
    WONDER	Indonesia - (ID)	C. Wonder LLC	IDM000406917	02/10/2014 	4:
    candles 	Registered

         

        Renewal due

        11/15/2020 - 11/15/2021

         

	C. WONDER (Stylized)

                                                                                                             

        
	Indonesia - (ID)	C. Wonder LLC	IDM000438654	11/24/2014	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Indonesia - (ID)	C. Wonder LLC	IDM000437691	11/24/2014 	18:
    leather goods, namely, briefcases, casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book bags;
    messenger bags; purses; wallets; key cases; umbrellas; hand bags; tote bags; umbrellas; briefcase type portfolios, luggage
    tags	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Indonesia - (ID)	C. Wonder LLC	IDM000438653	11/24/2014	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood
    	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Indonesia - (ID)	C. Wonder LLC	IDM000438652	11/24/2014	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. WONDER (Stylized)

                                                                                                             

         

        
	Indonesia - (ID)	C. Wonder LLC	IDM000469404	04/15/2015	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Indonesia - (ID)	C. Wonder LLC	IDM000445056	01/20/2015	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Indonesia - (ID)	C. Wonder LLC	IDM000435989	11/06/2014 	4:
    candles	Registered

         

        Renewal due 04/04/2020 - 04/04/2021

	C.
    WONDER	International - (designating
    Australia, Bahrain, China,  European Union, Israel, Japan, Oman, Singapore, South Korea, Turkey) 	C. Wonder Licensing
    LLC	1,082,027

         
	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
(Stylized)

         

        
	International - (designating
    Australia, China, European Union, Japan, South Korea, Singapore, Turkey) 	C. Wonder Licensing
    LLC	1,096,520	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	International - (designating
    Australia, China, European Union, Japan, Singapore, Turkey)	C. Wonder Licensing
    LLC	1,094,638

         

         
	10/03/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

         

        
	International - (designating
    Australia, China, European Union, Japan, Singapore, South Korea, Turkey)	C. Wonder Licensing
    LLC	1,096,519

         
	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	International - (designating
    Australia, China, European Union, Japan, Singapore, South Korea, Turkey )	C. Wonder Licensing
    LLC	1,094,439	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Israel - (IL)	C. Wonder Licensing
    LLC	1,082,027	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Japan - (JP)	C. Wonder Licensing
    LLC	1,094,638	10/03/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. (Stylized)

                                                                                                             

        
	Japan - (JP)	C. Wonder LLC	1,096,520	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Japan - (JP)	C. Wonder Licensing
    LLC	1,082,027	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	Japan - (JP)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

         

        
	Japan - (JP)	C. Wonder Licensing
    LLC	1,094,439	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Kuwait - (KW)	C. Wonder Licensing
    LLC	127,499

         
	12/01/2015 	18:
    leather goods, namely, briefcases, casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book bags;
    messenger bags; purses; wallets; key cases; umbrellas; hand bags; tote bags; umbrellas; briefcase type portfolios, luggage
    tags	Registered

         

        Renewal due 09/25/2022 –
        09/25/2023

	C.
    WONDER	Kuwait - (KW)	C. Wonder Licensing
    LLC	127,500

         
	12/01/2015 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 09/25/2022 –
        09/25/2023

	C.
    WONDER	Kuwait - (KW)	C. Wonder Licensing
    LLC	127,501	12/01/2015 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 09/25/2022 –
        09/25/2023

	C.
    WONDER	Kuwait - (KW)	C. Wonder Licensing
    LLC	127,502	12/01/2015 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 09/25/2022 –
        09/25/2023

	C.
    WONDER	Kuwait - (KW)	C. Wonder Licensing
    LLC	127,503	12/01/2015 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 09/25/2022 –
        09/25/2023

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	Kuwait - (KW)	C. Wonder LLC	127,511	12/01/2015 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 11/27/2022 –
        11/27/2023

	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	Kuwait - (KW)	C. Wonder LLC	127,512	12/01/2015 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 11/27/2022 –
        11/27/2023

	C.
    WONDER	Lebanon - (LB)	C. Wonder LLC	150,331	05/20/2013 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal Due 05/20/2027 –
        05/20/2028

	C. (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053965	04/04/2011	18:
    Sport bags, other than adapted (shaped) to contain specific sports apparatus; athletic bags; luggage; backpacks; duffle bags;
    fanny packs; book bags; messenger bags; purses; leather wallets; key cases; umbrellas; briefcase-type portfolios; cosmetic
    cases (not fitted); luggage tags; hand bags; tote bags;	Registered

         

        Renewal due 04/04/2021

	C. (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053961	04/04/2011 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052824	08/11/2011 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

         

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052826	09/11/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

         

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052827	08/11/2011 	18:
    leather and imitations of leather, and goods made of these materials and not included in other classes; sport bags, other
    than adapted (shaped) to contain specific sports apparatus; athletic bags; luggage; backpacks; duffle bags; fanny packs; book
    bags; messenger bags; purses, leather wallets; key cases; umbrellas; briefcase-type portfolios; cosmetic cases (not fitted);
    luggage tags; hand bags; tote bags	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052828	08/11/2011 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

         

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052831	08/11/2011 	21:
    household or kitchen utensils and containers (not of precious metal or coated therewith); combs and sponges, brushes (except
    paint brushes); brush-making materials; articles for cleaning purposes; steelwool; unworked or semi-worked glass (except glass
    used in building); glassware; porcelain and earthenware not included in other classes	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052832	08/11/2011 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

         

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052834	08/11/2011 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

         

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052821	08/11/2011 	4:
    candles	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

         

	C.
    WONDER	Malaysia - (MY)	C. Wonder LLC	2011052822	08/11/2011 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 08/11/2020 –
        08/11/2021

	C. WONDER (Stylized)

         

        
	Malaysia - (MY)	C. Wonder LLC	2011053958	04/04/2011	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053957	08/29/2014 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	201103956	09/18/2013 	18:
    sport bags, other than adapted (shaped) to contain specific sports apparatus; athletic bags; luggage; backpacks; duffle bags;
    fanny packs; book bags; messenger bags; purses; leather wallets; key cases; umbrellas; briefcase-type portfolios; cosmetic
    cases (not fitted); luggage tags; hand bags; tote bags	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053955	05/02/2013 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053954	09/18/2013 	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053953	08/26/2014 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053952	03/03/2015 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053960	09/21/2013 	4:
    candles	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Malaysia - (MY)	C. Wonder LLC	2011053959	04/25/2013 	9
    : eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053967	04/04/2011	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053966	04/04/2011	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053964	04/04/2011	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

         

	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053963	04/04/2011	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053962	04/04/2011	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053969	04/04/2011	4:
    Candles	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

         

	C. (Stylized)

                                                                                                             

        
	Malaysia – (MY)	C. Wonder LLC	2011053968	04/04/2011	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 04/04/2020 –
        04/04/2021

         

	C. (Stylized)

         

        
	Mexico - (MX)	C. Wonder LLC	1,304,075	08/16/2012 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,231,699	08/08/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

         

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,302,642	08/09/2012 	18:
    leather goods; casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book
    bags; messenger bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases
    sold empty; luggage tags; hand bags tote bags	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,231,700	08/08/2011 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,225,453	06/29/2011 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,231,701	08/01/2011 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,231,702	08/08/2011 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,231,696	08/08/2011 	4:
    candles 	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

         

	C.
    WONDER	Mexico - (MX)	C. Wonder LLC	1,231,697	08/08/2011 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,178	03/07/2012 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,179	03/07/2012 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,304,074	08/16/2012 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,181	03/07/2012 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,002	03/06/2012 	21:
    household and culinary utensils; kitchen utensils; baking utensils; glassware, candle holders; serving trays	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,006	03/06/2012 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,008	03/06/2012 	35:
    retail store services featuring clothing, furniture, jewelry, home accessories, office accessories, leather goods and bags,
    sunglasses and electronics	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,001	03/06/2012 	4:
    candles 	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Mexico - (MX)	C. Wonder LLC	1,272,176	03/07/2012 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,013	03/09/2012	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,015	03/09/2012	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,016	03/09/2012	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,183	03/09/2012	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,928	03/09/2012	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,184	03/09/2012	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,010	03/09/2012	4:
    Candles	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. (Stylized)

         

        
	Mexico – (MX)	C. Wonder LLC	1,272,012	03/09/2012	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C.
    WONDER	Mexico (MX)	C. Wonder LLC	1,231,698	08/08/2011	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 03/30/2020 –
        03/30/2021

	C.
    WONDER	New Zealand - (NZ)	C. Wonder LLC	961,335	01/04/2013 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 06/29/20201 –
        06/29/2022

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Oman - (OM)	C. Wonder Licensing
    LLC	1,082,027	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Arabic) (Stylized)

         

        
	Oman - (OM)	C. Wonder LLC	83,341	10/11/2015 	25:
    Clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 12/04/2022 –
        12/04/2023

	C. WONDER (Arabic) (Stylized)

         

        
	Oman - (OM)	C. Wonder LLC	84,340	10/11/2015 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 12/04/2022 –
        12/04/2023

	C.
    WONDER	Qatar - (QA)	C. Wonder LLC	88,768	01/03/2016 	18: Leather goods; casual sport
        bags; all-purpose athletic bags; sports bags; luggage;

                                                                               

        backpacks; duffle bags; fanny packs;
        book bags; messenger bags; purses; wallets; key

         

        cases; umbrellas; briefcase-type
        portfolios; cosmetic cases; umbrellas; luggage tags;

        handbags; tote bags
	Registered

         

        Renewal due 04/23/2023 –
        04/23/2024

	C.
    WONDER	Qatar - (QA)	C. Wonder LLC	88,769	01/03/2016 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 04/23/2023 –
        04/23/2024

         

	C.
    WONDER	Qatar - (QA)	C. Wonder LLC	88,770	01/03/2016 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 04/23/2023 –
        04/23/2024

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Arabic) (Stylized)

         

        
	Qatar - (QA)	C. Wonder LLC	88,774	01/03/2016 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/23/2023 –
        04/23/2024

	C.
    WONDER	Qatar – (QA)	C. Wonder LLC	88,771	08/25/2016	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/22/2023 –
        04/22/2024

         

	C.
    WONDER	Qatar – (QA)	C. Wonder LLC	88,772	11/02/2016	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 04/22/2023 –
        04/22/2024

         

	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	Qatar – (QA)	C. Wonder LLC	88,773	08/25/2016	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 04/22/2023 –
        04/22/2024

         

	C.
    WONDER	Saudi Arabia - (SA)	C. Wonder LLC	143309404	06/05/2014 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 03/16/2021 –
        03/16/2022

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	Saudi Arabia - (SA)	C. Wonder LLC	1435001548	03/14/2014 	35:
    advertising; business management; business administration; office functions	Registered

         

        Renewal due 08/08/2022 –
        08/08/2023

	C. (Stylized)

                                                                                                             

        
	Singapore - (SG)	C. Wonder Licensing
    LLC	1,094,638	10/03/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. (Stylized)

                                                                                                             

        
	Singapore - (SG)	C. Wonder LLC	1,096,520	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Singapore - (SG)	C. Wonder Licensing
    LLC	1,082,027	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	Singapore - (SG)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

         

        
	Singapore - (SG)	C. Wonder LLC	1,094,439	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	South Africa - (ZA)	10/03/2021 	2012/18013	06/24/2015	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 06/24/2024 –
        06/24/2025

	C. (Stylized)

                                                                                                             

        
	South Korea - (KR)	C. Wonder LLC	1,096,520	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	South Korea - (KR)	C. Wonder Licensing
    LLC	1,082,027	03/18/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	South Korea - (KR)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	South Korea - (KR)	C. Wonder LLC	1,094,439	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM363982	04/18/2013 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM366284	06/10/2013 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM363468	03/29/2013 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM380516	10/04/2011 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM379615	10/04/2011 	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM361538	10/04/2011 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	SM62337	10/04/2011 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM361537	10/04/2011 	4:
    candles	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM379899	10/04/2011 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

         

	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	TM363156	03/25/2013 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 08/19/2020 –
        08/19/2021

         

	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	TM373090	08/19/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 08/19/2020 –
        08/19/2021

         

	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	TM373893	08/19/2011 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 08/19/2020 –
        08/19/2021

         

	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	TM373524	08/19/2011 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Registered

         

        Renewal due 08/19/2020 –
        08/19/2021

         

	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	(816949)	(08/19/2011) 	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Application
    rejected

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	171,129,535	08/19/2011	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 08/18/2021

	C.
    WONDER	Thailand - (TH)	C. Wonder LLC	TM361937	02/21/2013 	4:
    candles	Registered

         

        Renewal due 08/19/2020 –
        08/19/2021

         

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM363158	03/25/2013 	14:
    jewelry, namely, earrings, necklaces, bracelets, and watches; decorative boxes made of precious metal	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM363467	03/24/2013 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	SM59436	10/04/2011 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger
    bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage
    tags; hand bags tote bags	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM380850	10/04/2011 	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM367163	10/04/2011 	21:
    household utensils, namely, graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots
    and pans; bakeware; beverage glassware; candle holders; serving trays	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	171126446	04/04/2021	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

        

        Renewal due 10/03/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	(822902)	(10/14/2011) 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Filed

         

        Pending further examination

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	TM361536	10/04/2011 	4:
    candles 	Registered

         

        Renewal due 10/04/2020 –
        10/04/2021

	C. WONDER (Stylized)

                                                                                                             

        
	Thailand - (TH)	C. Wonder LLC	171,111,349	10/04/2011 	9:
    eyewear, namely, sunglasses, eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases
    therefor, cell phones and cases therefor; cameras and cases therefor, and audio headphones and cases therefor	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. (Stylized)

                                                                                                             

        
	Turkey - (TR)	C. Wonder Licensing
    LLC	1,094,638	10/03/2011 	16:
    stationery, namely, journals and note cards; paperweights; pens	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. (Stylized)

                                                                                                             

        
	Turkey - (TR)	C. Wonder LLC	1,096,520	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags;
        tote bags

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C.
    WONDER	Turkey - (TR)	C. Wonder Licensing
    LLC	1,082,027	07/10/2013 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        14: jewelry, namely, earrings,
        necklaces, bracelets, and watches; decorative boxes made of precious metal

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays

         

        25: clothing, namely, shirts, pants,
        sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses, blouses, belts, scarves,
        and bathing suits

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics
	Registered

        

        Renewal Due 03/18/2020 – 03/18/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

         

        
	Turkey - (TR)	C. Wonder Licensing
    LLC	1,096,519	10/03/2011 	18: casual sport bags; all-purpose
        athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book bags; messenger bags; purses; wallets;
        key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases sold empty; luggage tags; hand bags
        tote bags

         

        21: household utensils, namely,
        graters, spatulas, sieves, strainers, turners, kitchen tongs, and whisks; cookware, namely, pots and pans; bakeware; beverage
        glassware; candle holders; serving trays
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

	C. WONDER (Stylized)

         

        
	Turkey - (TR)	C. Wonder LLC	1,094,439	10/03/2011 	4: candles

                                                                               

        9: eyewear, namely, sunglasses,
        eyeglasses and ophthalmic frames and cases therefor; electronics, namely, mp3 players and cases therefor, cell phones
        and cases therefor; cameras and cases therefor, and audio headphones and cases therefor

         

        16: stationery, namely, journals
        and note cards; paperweights; pens

         

        20: furniture for house, office
        and garden; residential and commercial furniture; picture frames; decorative boxes made of wood

         

        35: retail store services featuring
        clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics; online retail
        store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and electronics

         
	Registered

         

        Renewal due 10/03/2020 –
        10/03/2021

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	United Arab Emirates
    - (AE)	C. Wonder LLC	198838	09/30/2013	18:
    leather goods; casual sport bags; all-purpose athletic bags; sports bags; luggage; backpacks; duffle bags; fanny packs; book
    bags; messenger bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases;
    key fobs; umbrellas; luggage tags; hand bags; tote bags	Pending
	C.
    WONDER	United Arab Emirates
    - (AE)	C. Wonder LLC	198839	09/30/2013	20:
    furniture for house, office and garden; residential and commercial furniture; picture frames; decorative boxes made of wood	Pending
	C.
    WONDER	United Arab Emirates
    - (AE)	C. Wonder LLC	198841	09/30/2013 	21:
    household utensils; cookware; bakeware; glassware; candle holders; serving trays	Pending
	C.
    WONDER	United Arab Emirates
    - (AE)	C. Wonder LLC	198842	09/30/2013	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Pending

         

	C.
    WONDER	United Arab Emirates
    - (AE)	C. Wonder LLC	176783	04/22/2014 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 07/18/2021 –
        07/18/2022

	C. WONDER (Arabic) (Stylized)

                                                                                                             

        
	United Arab Emirates
    - (AE)	C. Wonder LLC	201728	11/27/2014	25:
    clothing, namely, shirts, pants, sweaters, jackets, coats, hats, shoes, flip-flops, boots, sandals, sneakers, skirts, dresses,
    blouses, belts, scarves, and bathing suits	Registered

         

        Renewal due 11/27/2022 –
        11/27/2023

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Arabic) (Stylized)

         

        
	United Arab Emirates
    - (AE)	C. Wonder LLC	201729	11/27/2013 	35:
    retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and bags, eyewear, and
    electronics; online retail store services featuring clothing, furniture, jewelry, housewares, stationery, leather goods and
    bags, eyewear, and electronics	Registered

         

        Renewal due 11/27/2022 –
        11/27/2023

	 

        C. (Stylized)

         

        
	USA - (US)	C Wonder Licensing,
    LLC	4,301,959	03/12/2013 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book
    bags; messenger bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases
    sold empty; luggage tags; hand bags, tote bags	Registered

         

        8 & 15 due 03/12/2018 –
        03/12/2019

	C. (Stylized)

         

        
	USA - (US)	C Wonder Licensing,
    LLC	4,649,448	12/02/2014 	20:
    decorative boxes made of wood	Registered

         

        8 & 15 due 12/02/2019 –
        12/02/2020

	C. (Stylized)

         

        
	USA - (US)	C Wonder Licensing,
    LLC	4,649,447	12/02/2014 	25:
    clothing namely, shirts, pants, sweaters, and shoes	Registered

         

        8 & 15 due 12/02/2019 –
        12/02/2020

	C.
    WONDER	USA - (US)	C Wonder Licensing,
    LLC	4,109,675	03/06/2012 	14:
    Jewelry, namely, earrings, necklaces, bracelets, and watches	Registered

         

        Renewal due 03/06/2021 –
        03/06/2022

         

	C.
    WONDER	USA - (US)	C Wonder Licensing,
    LLC	4,243,712	11/13/2012 	18: umbrellas;
        briefcase-type portfolios; luggage tags

         

        20:
        Key fobs not of metal
	Grace
    Period; Section 8 & 15 due 05/13/2019

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER	USA - (US)	C Wonder Licensing,
    LLC	4,110,336	03/06/2012 	18:
    wallets; cosmetic cases sold empty; hand bags; tote bags	Registered

         

        Renewal due 03/06/2021 –
        03/06/2022

         

	C.
    WONDER	USA - (US)	C Wonder Licensing,
    LLC	4,632,612	11/04/2014 	21: beverage
        glassware; serving trays

         
	Registered

         

        8 & 15 due 11/04/2019 –
        11/04/2020

	C.
    WONDER	USA - (US)	C Wonder Licensing,
    LLC	4,429,109	11/05/2013 	6:
    Key fobs of common metal	Registered

         

        8 & 15 due 11/05/2018 –
        11/05/2019

	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,129,752	04/17/2012 	14:Jewelry,
    namely, earrings, necklaces, bracelets, and watches	Registered

         

        Renewal due 04/17/2021 –
        04/17/2022

	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,653,129	12/09/2014 	16:
    stationery, namely, journals and notes cards	Registered

         

        8 & 15 due 12/09/2019 –
        12/09/2020

	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,301,958	03/12/2013 	18:
    casual sport bags; all-purpose athletic bags; sports bags; luggage; duffle bags; book
    bags; messenger bags; purses; wallets; key cases; umbrellas; leather key chains; briefcase-type portfolios; cosmetic cases
    sold empty; luggage tags; hand bags, tote bags	Registered

         

        8 & 15 due 03/12/2018 –
        03/12/2019

	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,653,128	12/09/2014 	20:
    picture frames; decorative boxes made of wood	Registered

         

        8 & 15 due 12/09/2019 –
        12/09/2020

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,653,127	12/09/2014 	25:
    hats, flip-flops, sandals, sneakers	Registered

         

        8 & 15 due 12/09/2019 –
        12/09/2020

	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,140,395	05/08/2012 	25:
    namely, shirts, pants, sweaters, jackets, coats, shoes, boots, skirts, dresses, blouses,
    belts, and scarves	Registered

         

        Renewal due 12/09/2024

	C. WONDER (Stylized)

         

        
	USA - (US)	C Wonder Licensing,
    LLC	4,633,782	11/04/2014 	35:
     Retail store services featuring clothing, jewelry, housewares, stationery, leather
    goods and bags, eyewear, and electronics; online retail store services featuring clothing, jewelry, housewares, stationery,
    leather goods and bags, eyewear, and electronics	Registered

         

        8 & 15 due 11/04/2019 –
        11/04/2020

	C. WONDER (Stylized)

                                                                                                             

        
	USA - (US)	C Wonder Licensing,
    LLC	4,653,130	12/09/2014 	9:
    mp3 players and cases therefore; cell phones cases	Registered

         

        8 & 15 due 12/09/2019 –
        12/09/2020

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	C.
    WONDER LIMITED	USA - (US)	C Wonder Licensing,
    LLC	(86/728013)	(08/18/2015) 	9: Eyewear;
        eyeglasses; sunglasses; lenses for sunglasses; eyeglass frames; sunglass frames; opera glasses; reading glasses; spectacles;
        eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps; eyeglass, sunglass and spectacle chains;
        related accessories, namely, hard cases for eyewear, soft pouches for both eyewear and lens cloths; structural and replacement
        parts for eyeglasses, sunglasses and spectacles

         

        14:
        Timepieces; women's and men's cuff bracelets; costume jewelry; jewelry

         

        18:
        Leather and imitations of leather, and goods made of these materials and not included in other classes, namely, handbags,
        carrying cases, wallets, attaché cases, briefcases, tote bags, luggage, knapsacks, change purses, business and
        credit card cases and holders, pouches; all-purpose sports and athletic bags; beach, book, carry-on, duffel, diaper, gym,
        leather shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks; knapsacks; purses; garment bags
        for travel; satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not of paper or cardboard; tool bags
        sold empty; briefcases; briefcase-type portfolios; men's clutches; business cases; business card cases; business tote
        bags; calling and credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas; parasols;
        walking sticks; messenger bags, handbags, shopping tote bags, grocery tote bags

         

        25:
        Clothing, namely, belts, jackets, gloves, dresses, coats, sweaters, tights, leggings, socks, knee highs, shirts, suits,
        pants, slacks, trousers, gowns, jumpsuits, blouses, skirts, hosiery, panty hose stockings, jeans, shorts, sweaters, sweatshirts,
        hooded shirts and sweatshirts, vests, t-shirts, overalls, swimsuits, underwear, briefs and tops, bras and panties, lingerie,
        slips, camisoles, hosiery, shapewear, namely, girdles, body shapers, bodysuits, sleepwear and loungewear; knit bottoms,
        tops, and trousers; woven bottoms, tops, and trousers; wedding gowns; aprons; bibs of cloth for children; bridal apparel
        and accessories, namely, bridal gowns and bridesmaid dresses; children's and infant's apparel, namely, pants, shirts,
        t-shirts, skirts, dresses, coats, jackets, sweaters and socks; neckwear; footwear; headwear
	Filed

         

        Statement of Use due 04/19/2019

         

 

    	 	 	 

     

    

 

 

16.       Xcel
Design Group, LLC:

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	#HIGHLINE	Canada - (CA)	Xcel Design Group,
    LLC	(1742804)	(08/21/2015) 	9: eye glasses, sunglasses

         

        14: watches

         

        18: handbags

         

        25: dresses; sportswear; denim
        jeans and denim shirts; mens’, womens' and childrens ‘fashion shoes, sandals, and slippers; mens’ and
        womens' fashion boots

         
	Filed

         

        Declaration of Use/Extension of
        Time Request due 08/21/2019

	HIGHLINE	Canada - (CA)	Xcel Design Group,
    LLC	(1742799)	(08/21/2015) 	9: eye glasses, sunglasses

         

        14: watches

         

        18: handbags

         

        25: dresses; sportswear; denim
        jeans and denim shirts; mens’, womens' and childrens ‘fashion shoes, sandals, and slippers; mens’ and
        womens' fashion boots

         
	Filed

         

        Declaration of Use/Extension of
        Time Request due 08/21/2019

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HIGHLINE
    COLLECTIVE	Canada - (CA)	Xcel Design Group,
    LLC	(1742801)	(08/21/2015) 	9: eye glasses, sunglasses

         

        14: watches

         

        18: handbags

         

        25: dresses; sportswear; denim
        jeans and denim shirts; mens’, womens' and childrens ‘fashion shoes, sandals, and slippers; mens’ and
        womens' fashion boots

         
	Filed

         

        Declaration of Use/Extension of
        Time Request due 08/21/2018

	NYC
    HIGHLINE	Canada - (CA)	Xcel Design Group,
    LLC	(1742806)	(08/21/2015)	9: eye glasses, sunglasses

         

        14: watches

         

        18: handbags

         

        25: dresses; sportswear; denim
        jeans and denim shirts; mens’, womens' and childrens ‘fashion shoes, sandals, and slippers; mens’ and
        womens' fashion boots

         
	Filed

         

        Declaration of Use/Extension of
        Time Request due 08/21/2019

	52SEASONS	USA – (US)	Xcel Design Group,
    LLC	(87/599,301)	(09/07/2017)	18: handbags

         

        25: Blazers; Blouses; Denim jackets;
        Denim jeans; Denim pants; Dresses; Footwear; Jackets; Shirts; Shorts; Skirts; Tops as clothing; Trousers
	Filed

         

        Statement of Use/Extension of Time
        Request due 03/13/2019

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	GIGI
    PARKER	USA – (US)	Xcel Design Group,
    LLC	(87/362,991)	(03/08/2017)	14: watches, jewelry

         

        18: handbags

         

        25: Dresses; Sportswear, namely,
        sports bras, tops, pants and bottoms, sweatshirts, sweatpants, t-shirts, and socks; Denim clothing, namely, denim pants,
        coats, jackets, skirts and jeans; footwear
	Filed

         

        Statement of Use/Extension of Time
        Request due 03/13/2019

	GIGI PARKER and Design

         

        
	USA – (US)	Xcel Design Group,
    LLC	(87/152,252)	(08/26/2016)	14: watches

         

        18: handbags

         

        25: Dresses; Sportswear, namely,
        sports bras, tops, pants and bottoms, sweatshirts, sweatpants, t-shirts, and socks; Denim clothing, namely, denim pants,
        coats, jackets, skirts and jeans; footwear
	Filed

         

        Statement of Use/Extension of Time
        Request due 03/13/2019

	HIGHLINE
    COLLECTIVE WHAT YOU WANT, NOW	USA – (US)	Xcel Design Group,
    LLC	(87/436,825)	(05/04/2017)	9: Eyewear

         

        14: Watches

         

        18: Handbags

         

        25: Dresses; sportswear, namely,
        jackets, trousers, blazers, blouses, tops, shirts, shorts, skirts; denim jackets; denim jeans; denim pants; footwear
	Filed

         

        Statement of Use/Extension of Time
        Request due 04/10/2019

 

    	 	 	 

     

    

  

17.       H
Heritage Licensing, LLC:

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Antigua and Barbuda	*H Heritage Licensing,
    LLC	1156	1/6/1978	16	 *Pending assignment
    recordal
	HALSTON	Argentina	*H Heritage Licensing,
    LLC	2544529	11/30/2012	25: only: natural
    skin or imitation clothing.	*Pending assignment
    recordal
	HALSTON	Australia	*H Heritage Licensing,
    LLC	274979	12/27/1973	14: All goods included in this class

        18: All goods included in this class

        25: All goods included in this class
	*Pending assignment
    recordal
	HALSTON	Austria	*H Heritage Licensing,
    LLC	77283	12/11/1973	14: Precious metals and their alloys and goods made
        thereof (except cutlery, forks and spoons), jewelry, precious stones

        18: List of goods and services Leather and imitations
        of leather, and goods made of these materials and not included in other classes; Animal skins, hides, trunks and traveling
        bags, traveling bags, umbrellas and parasols, walking sticks, whips, harness, saddlery

        25: Clothing, including boots, shoes, slippers, fur
        clothing, hats and underwear.
	*Pending assignment
    recordal
	HALSTON	Barbados	*H Heritage Licensing,
    LLC	(81/25127)	(9/17/2008)	18	*Pending assignment
    recordal
	HALSTON	Barbados	*H Heritage Licensing,
    LLC	(81/25128)	(9/17/2008)	25	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Benelux	*H Heritage Licensing,
    LLC	0585203	01/07/2024	14: Precious metals and their alloys and articles made
        from them, as well as gilded and silver-plated articles (except knives, forks and spoons); ornaments, precious stones;
        timepieces and other time measuring instruments.

        16: Paper and paper goods (not included in other goods
        classes), cardboard and cardboard goods (not included in other classes of goods); printed matter; newspapers and magazines,
        books; bookbinding goods; photos; adhesives for stationery; materials for artists; brushes; typewriters and office requisites
        (except furniture); teaching aids and educational materials (except apparatus); block letters; clichés.

        18: Leather and imitations of leather, and goods made
        therefrom (not included in other classes of goods); hides and skins; suitcases and bags; umbrellas, umbrellas and canes;
        whips; horse harnesses and saddlery.

        25: Garments, including boots, shoes and slippers.

        26: Lace and embroidery; tape and laces; buttons, snaps,
        hooks and eyes, pins and needles; artificial flowers; wigs.
	*Pending assignment
    recordal
	HALSTON	Bonaire, St. Eustatius
    and Saba	*H Heritage Licensing,
    LLC	4979	10/08/2011	16: Paper and paper
    articles; cardboard and cardboard articles; printed matter, newspapers and periodicals, books, bookbinding materials, photograph,
    office and stationery, sewing patterns and patterns for making dresses.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Bonaire, St. Eustatius
    and Saba	*H Heritage Licensing,
    LLC	4978	10/08/2011	18: Leather and imitations of leather, and goods made
        of these materials and not included in other classes; animal skins; trunks and travelling bags; umbrellas, parasols and
        walking sticks; whips, harness and saddlery.

        25: Clothing, footwear, headgear; with the exception
        of clothing, footwear and headgear for children.
	*Pending assignment
    recordal
	HALSTON	Brazil	*H Heritage Licensing,
    LLC	811986977	12/26/1989	25: clothing and accessories
    of common use clothing; clothing and accessories of sports practice clothing; travel articles	 

        *Pending assignment recordal

	HALSTON	Brazil	*H Heritage Licensing,
    LLC	006986900	09/25/1979	25: Clothing and accessories
    of general clothing and travel articles; Clothes and accessories of clothing of common use.	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Brazil	*H Heritage Licensing,
    LLC	840284144	01/09/2018	18: Handbags, handbags,
    wallets, holders, door credit cards, business card holder, leather carriers or leather imitations, leather carriers or leather
    imitations, bags, travel suitcases, loading suitcases for all purposes, shopping bags, sport bags, baggage, account files,
    bags, bags, documents; wallet in the form of wallets, frames for sold cosmetics and embroidery bags	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Brazil	*H Heritage Licensing,
    LLC	840284136	01/09/2018	25: Saver tops, shirts,
    sweaters, sports, shoes, shorts, shorts, pants, dresses, dresses, tunics, jackets, jackets, suits, suits, leisure clothing,
    sports, blazers, sports shirts bathrooms, bathrooms, robots, cachecois, belts, gloves, lingerie, trading, footwear, ties,
    bag holds	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Brazil	*H Heritage Licensing,
    LLC	840284128	10/20/2015	35: Retail sales services
    in the clothing area, intimate clothing and lingerie, footwear, belts, handbags, bags, pocket books and shopping bags, baggage,
    small leather products, glasses, knowledge, glass frames and your parts, sunglasses, sunglasses, sunglasses and sunglasses
    and accessories for sunglasses, knobs, neck straps and strips for fixing the glasses on the head that prevents treatment during
    use, pulse watches, jewelry and jewelry, imitations of precious stones, fragrances, bed sheets, shower dresses, bath towels,
    kitchen towels, table towels, covering for windows, carpets, furniture, candles	*Pending assignment
    recordal
	HALSTON
    III	Brazil	*H Heritage Licensing,
    LLC	811309738	02/26/1985	25: Clothing and accessories
    of clothing in general and travel articles.	*Pending assignment
    recordal
	H
    HALSTON	Canada	*H Heritage Licensing,
    LLC	(1734835)	(06/26/2015)	Eyewear, namely, eyeglasses;
    sunglasses, opera glasses, reading glasses, spectacles; lenses for sunglasses; eyeglass frames; sunglass frames; eyeglass,
    sunglass and spectacle cases; eyeglass, sunglass and spectacle straps; eyeglass, sunglass and spectacle chains; related accessories,
    namely, hard cases for eyewear, soft pouches for eyewear and lens cloths; parts and fittings for eyeglasses, sunglasses and
    spectacles; Timepieces; women's and men's cuff bracelets; costume jewelry; jewelry; leather and imitations of leather, and
    goods made of these materials, namely, handbags, carrying cases, wallets, attaché cases, briefcases, tote bags, luggage,
    knapsacks, change purses, business and credit card cases and holders, pouches; all-purpose sports and athletic bags; beach,
    book, luggage, travelling bags, suitcases, carry-all bags, duffel, diaper, gym, leather shopping, shoulder, tote and travel
    bags; fanny packs and waist packs; backpacks; knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags;
    trunks; suitcases; hat boxes for travel not of paper or cardboard; tool bags sold empty; briefcases; briefcase-type portfolios;
    men's clutches; business cases; business card cases; business tote bags; calling and credit card cases; key cases; leather
    key chains; wallets; banknote holders; billfolds; umbrellas; parasols; walking sticks; messenger bags, handbags, shopping
    tote bags, grocery tote bags; Clothing, namely, belts, jackets, gloves, dresses, coats, sweaters, tights, leggings, socks,
    knee highs, shirts, suits, pants, slacks, trousers, gowns, jumpsuits, blouses, skirts, hosiery, panty hose stockings, jeans,
    shorts, sweaters, sweatshirts, hooded shirts and sweatshirts, vests, t-shirts, overalls, swimsuits, underwear briefs and tops,
    bras and panties, lingerie, slips, camisoles, hosiery, shape wear, namely, girdles, body shapers, bodysuits, sleepwear and
    loungewear; knit bottoms, tops, and trousers; woven bottoms, tops, and trousers; wedding gowns; aprons; bibs of cloth for
    children; bridal apparel and accessories, namely, bridal gowns and bridesmaid dresses; children's and infant's apparel, namely,
    pants, shirts, t-shirts, skirts, dresses, coats, jackets, sweaters and socks; neckwear, namely, neck ties, bow ties, cravats,
    scarves, shawls; footwear, namely, shoes, boots, half-boots, sandals, slippers, evening footwear, beach footwear, sports footwear,
    outdoor winter footwear, bridal footwear; headwear, namely hats, bandanas, headbands, caps, toques, veils, head wreaths, tiaras,
    headscarves	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Canada	*H Heritage Licensing,
    LLC	868357	01/07/2014	Handbags; wallets; tote bags; luggage; backpacks; travel
        bags; all-purpose carrying bags; sports bags; watches; sunglasses; eyeglass frames; sunglass and eyeglass accessories,
        namely, straps, neck cords and head straps which restrain eyewear from movement on the wearer; bed linens; bath linens;
        shower curtains; kitchen linens; table linens; window coverings; candles; rugs.

        On-line retail store services featuring handbags, wallets,
        tote bags, luggage, backpacks, travel bags, all-purpose carrying bags, sports bags, watches, sunglasses, eyeglass frames,
        sunglass and eyeglass accessories, namely, straps, neck cords and head straps which restrain eyewear from movement on
        the wearer, bed linens, bath linens, shower curtains, kitchen linens, table linens, window coverings, candles, rugs; retail
        store services featuring handbags, wallets, tote bags, luggage, backpacks, travel bags, all-purpose carrying bags, sports
        bags, watches, sunglasses, eyeglass frames, sunglass and eyeglass accessories, namely, straps, neck cords and head straps
        which restrain eyewear from movement on the wearer, bed linens, bath linens, shower curtains, kitchen linens, table linens,
        window coverings, candles, rugs.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Canada	*H Heritage Licensing,
    LLC	(1585501)	(07/10/2012)	Table lamps, clamp-fixed lamps, wall lamps, ceiling
        lamps, floor lamps, suspension lamps, outdoor lamps, namely floor lamps, sun lamps, overhead lamps, electric lamps and
        garden lamps, theatre lighting equipment, namely spotlights, lampshade holders, lamp shades, chandeliers, neon lamps,
        lamp bases, light diffusers, sockets for electric lights; gas and electric cooking hobs and ranges; electric toasters,
        electric kettles; electric food warmers, namely warming drawers, hot food table, micro-wave, hot plates, plate warmers,
        table tops, electric stoves; electric roasters, electric tea and coffee machines for commercial and domestic use; electric
        coffee percolators for domestic use; refrigerators and freezers; hair driers, electric fans, air conditioners for domestic
        use; taps and faucets, saunas, sinks, showers, namely shower tubs, shower enclosures, shower door units; toilet bowls;
        humidifiers, dehumidifiers, electric vaporizers, namely electric vaporizers for perfume, electric medical vaporizers;
        Mirrors, cushions, pillows, mattresses, chairs, namely rocking chairs, lounge chairs, dining chairs, folding chairs, office
        chairs, side chairs, armchairs, and deck chairs, tables, benches, namely park benches, lounge benches, lobby benches,
        piano benches, armchairs; furniture, namely wall units; sofas, writing desks, wardrobes, cupboards, beds, shelves, chests
        of drawers, umbrella stands, tea carts, footstools, book cases, clothes hangers; Hairbrushes, fitted vanity cases, comb
        cases, hair combs, household cleaning sponges, egg cups not of precious metals, serving spoons, slotted spoons, basting
        spoons, mixing spoons, bread boxes, cake servers, casseroles, cruet stands not of precious metals for oil and vinegar,
        pepper grinders, spice pots, sugar bowls, canister sets, pitchers, pots, vases, gravy boats, kitchen pot lids, dishes
        lids, butter dishes, napkin holders, toothpick holders, non-electric kettles, non-electric coffee makers, plates, serving
        platters, saucepans, saucers, soup tureens, serving trays not of precious metals; decanters, bottle openers, cork screws,
        cups, jugs, bowls, mugs, drinking glasses, decorative glass boxes and plates, non-electric candelabras not of precious
        metals, candlesticks not of precious metals, flower pots and vases, glass vases, glass ornaments; ornaments of china,
        crystal, glass, porcelain; statuettes, figurines and sculptures in crystal; table centerpieces, namely plates and vases,
        mugs, cups, tankards, drinking glasses, plates and dishes not of precious metals, empty bottles, namely empty decorative
        bottles, empty water bottles, empty plastic bottles, coffee service not of precious metals, ceramic figurines, statuettes,
        figurines and sculptures in porcelain; pans and bowls in ceramics and terra cotta and earthenware; serving trays not of
        metal; fabrics for the manufacture of clothing articles and home furniture, brocade, damask, flannel, fustian, taffeta,
        tulle, velvet, knitted fabrics, silk fabrics, woolen fabrics, linen fabrics, hemp yarn fabrics, ramie fabrics, rayon fabrics,
        synthetic fiber fabrics, felts, mixed fiber fabrics, mixed yarn fabrics, cotton fabrics, curtains, textile wall hangings,
        towels, bath linen, fabric table runners, cloth coasters, textile napkins, textile place mats, textile dish mats and carafe
        mats, table cloths not of paper, table linen, quilts, paper bed covers, bed blankets and sheets, down coverlets, bed linen,
        mattress covers, dishcloths, and fabric handkerchiefs; Carpeting, door mats, rugs, carpet tiles, wallpaper.

        Bar services, cafeterias, snack-bar, pubs, bar-restaurants,
        wine bars, self-service restaurants, restaurants, carry-out restaurants; restaurants featuring home delivery; delicatessen,
        namely restaurants providing delicatessen services, restaurants; providing hall banquet facilities and providing convention
        hall facilities; food and drink catering; canteen services; cocktail lounges, dude ranches, food preparation; providing
        advice on wine and wine and food pairing, namely sommelier services; travel agency services in the form of reservation
        and booking of temporary lodging; providing temporary hotel accommodations and hotel services; tourist homes and tourist
        hostels, hotels, boarding houses, guest houses, farm houses as temporary lodging; resort lodging services, hotel services
        for preferred customers, hotel reservation, retirement homes, rental of meeting rooms for social gatherings and meetings,
        holiday camps not for entertainment and for sport; providing conference rooms, infant nurseries and day care centers;
        pet boarding and day care services; providing food to needy persons as charitable services; rental of food service equipment;
        rental of table linen, rental of bar equipment; all the aforesaid, namely services for third parties.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Canada	*H Heritage Licensing,
    LLC	206455	04/11/1975	Women's dresses, coats,
    blouses, suits and slacks.	*Pending assignment
    recordal
	HALSTON	Chile	*H Heritage Licensing,
    LLC	1245592	05/10/2017	14: Jewelry items; watch products.

        18: Wallets, wallets, handbags, luggage, backpacks,
        travel bags, multipurpose bags, sports bags.

        25: Pants, shirts, sweaters; pants, shorts, skirts,
        dresses, coats, jackets, resting clothes, bathing suits, underwear, sleepwear, headgear, footwear, neckwear, belts.
	*Pending assignment
    recordal
	HALSTON	Chile	*H Heritage Licensing,
    LLC	923816	10/27/2010	3: incl. Commercial establishment for the purchase
        and sale of toilet and perfumery products in the metropolitan region

        14: incl. Establecimiento comercial for the purchase
        and sale of metals, precious stones of jewelry and watches in the metropolitan region

        16: incl. Commercial establishment for the purchase
        and sale of class 16 products, in the metropolitan region.

        18: incl. Commercial sales for the purchase and sale
        of leather, baules, suitcases, bags, wallets, umbrella, umbrella and leather articles in the metropolitan region.

        25: incl. Commercial establishment for the purchase
        and sale of clothing, including boots, shoes, shoes and hats in the metropolitan region.

        26: incl. establecimiento comercial for the purchase
        and sale of embroidered tapes, buttons, artificial flowers in the metropolitan region

        27: incl. Commercial establishment for the purchase
        and sale of carpets, fabrics and other products of class 27, in the metropolitan region
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Chile	*H Heritage Licensing,
    LLC	580329	10/26/2000	35	*Pending assignment
    recordal
	H (Stylized)

        
	China	*H Heritage Licensing,
    LLC	7571992	11/07/2010	25: Scarf; suit; skirt;
    jacket; turkish gown; shoes; shirt; shirt jacket; shawl; sleepwear; jacket (clothing); clothing; gloves (clothing); casual
    wear; shorts; clothing belt (clothes); suits; dress; fleece; swimwear; underpants; homely casual wear; blouse; shirt; underwear;
    sweatshirt; vest (vest); sports jacket; pants;	*Pending assignment
    recordal
	H
    BY HALSTON	China	*H Heritage Licensing,
    LLC	8012545	02/07/2011	18: Travel bag; ladies
    handbag; multi-purpose portable handbag; backpack; wallet; tote bag; sports bag; wallet (small money bag); female purse; handbag;
    luggage;	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	H
    BY HALSTON	China	*H Heritage Licensing,
    LLC	8012544	02/07/2011	25: Scarf; suit; skirt;
    jacket; turkish gown; shoes; shirt; shirt jacket; shawl; sleepwear; jacket (clothing); clothing; gloves (clothing); casual
    wear; shorts; clothing belt (clothes); suits; dress; fleece; swimwear; underpants; homely casual wear; blouse; shirt; underwear;
    sweatshirt; vest (vest); sports jacket; pants;	*Pending assignment
    recordal
	HALSTON

         
	China	*H Heritage Licensing,
    LLC	(25246009)	(07/10/2017)	25	*Pending assignment
    recordal
	HALSTON	China	*H Heritage Licensing,
    LLC	262631	09/20/1986	25: Clothing	*Pending assignment
    recordal
	HALSTON	China	*H Heritage Licensing,
    LLC	6288181	03/28/2010	18: Sports backpack;
    backpack; wallet; travel trunk; tote bag; travel bag (box); trunk (baggage)	*Pending assignment
    recordal
	HALSTON	China	*H Heritage Licensing,
    LLC	6323529	04/14/2010	25: Scarf; swimwear;
    shower cap; clothing; gloves (clothing); baby full suit; waterproof suit; clothing belt (clothing); running shoes; socks;
    hat; shoes (wearing on the feet);	*Pending assignment
    recordal
	HALSTON	China	*H Heritage Licensing,
    LLC	6335163	06/28/2010	35: Business information;
    display of merchandise on communication media for retail purposes; online advertising on data communication networks;	*Pending assignment
    recordal
	HALSTON	China	*H Heritage Licensing,
    LLC	6288179	03/28/2010	9: Sunglasses; spectacle
    frames / eyeglass frames	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	China	*H Heritage Licensing,
    LLC	10637664	06/28/2014	18: Women's wallets;
    travel bags; ladies’ handbags; multi-purpose portable handbags; backpacks; tote bags; sports bags; wallets (wallets);
    women's purses; handbags; luggage	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	China	*H Heritage Licensing,
    LLC	11576942	03/14/2018	25: Scarf; nightgown;
    shoes (wearing on the feet); outerwear; skirt; jacket; Turkish gown; shirt; shirt jacket; shawl; sleepwear; jacket (clothing);
    clothing; suit bag; t-shirt; clothing; casual wear; women's underwear; shorts; dress; clothing belt (clothing); jeans; socks;
    suits; fleece; bathrobes; swimwear; pants; pants suits; blouse; shirts; sports tops; sweaters; underwear; sweatshirt; vest
    (vest); sports jacket; pants	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	China	*H Heritage Licensing,
    LLC	11576941	07/21/2015	35: Marketing; advertising
    / publicity; business management assistance; presentation of goods on communication media, for retail purposes; demonstration
    of goods; administrative processing of purchase orders; sales promotion for others; procurement services for others [purchasing
    goods and services for other businesses]; commercial administration of the licensing of the goods and services of others	*Pending assignment
    recordal
	H
    BY HALSTON	China P.R. - (CN)	*H Heritage Licensing,
    LLC	8,012,545	02/07/2011 	18:
    Handbags; wallets, tote bags; travel bags; all-purpose carrying bags; sports bags; women's handbags, purses, pocketbooks;
    leather shopping bags; textile shopping bags	Registered

         

        Renewal due 02/06/2020 –
        02/06/2021

         

        *Pending assignment recordal

	H
    BY HALSTON	China P.R. - (CN)	*H Heritage Licensing,
    LLC	8,012,544	02/07/2011 	25:
    Tops; Shirts; Sweaters; Sports shirts; Blouses; Bottoms; Pants; Shorts; Trousers; Skirts; Dresses; Caftans; Coats; Jackets;
    Vests; Suits; Pants suits; Leisure suits; Sport coats; Blazers; Outerwear, namely, coats made of fur or faux fur; Knitwear,
    namely, jumpers, knitted skirts, knitted shirts, knitted leggings, knitted shorts; T-shirts; Shirt-jackets; Loungewear; Sleepwear;
    Swimwear; Headwear; Scarves; Belts; Underwear	Registered

         

        Renewal due 02/06/2020 –
        02/06/2021

         

        *Pending assignment recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Curacao	*H Heritage Licensing,
    LLC	02218	11/22/1977	16: Paper and articles
    of paper; cardboard and articles of carton; printed matter, newspapers and magazines, books, bookbinding materials, photography,
    office requisites and stationery, sewing patterns and patterns for making gowns.	*Pending assignment
    recordal
	HALSTON	Curaçao

         
	*H Heritage Licensing,
    LLC	2218

         
	08/16/2001	16: Paper and paper
    products; cardboard and cardboard articles; printed matter, newspapers and magazines, books, bookbinding materials, photography,
    office and writing needs, sewing patterns and patterns for making japons	*Pending assignment
    recordal
	HALSTON	Denmark	*H Heritage Licensing,
    LLC	VR 1996 04381	10/11/1974	14: The registration includes all goods or services
        in this class

        18: Registration includes all goods or services in
        this class

        25: Registration includes all goods or services in
        this class
	*Pending assignment
    recordal
	HALSTON	Egypt	*H Heritage Licensing,
    LLC	49172	12/30/1973	25	*Pending assignment
    recordal
	HALSTON	Egypt	*H Heritage Licensing,
    LLC	49173	12/30/1973	26	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Egypt	*H Heritage Licensing,
    LLC	49171	12/30/1974	18	*Pending assignment
    recordal
	HALSTON	Egypt	*H Heritage Licensing,
    LLC	49170	12/30/1973	16	*Pending assignment
    recordal
	HALSTON	Egypt	*H Heritage Licensing,
    LLC	49169	12/30/1973	14	*Pending assignment
    recordal
	H (Stylized)

        
	European Union	*H Heritage Licensing,
    LLC	008311491	12/03/2009	9: Eyewear, eyeglass cases, eyewear accessories, namely,
        straps, neck cords and head straps which restrain eyewear from movement on a wearer.

        14: Jewelry; timepieces and chronometric instruments.

        18: Handbags; wallets; tote bags; luggage; backpacks;
        travel bags; all-purpose carrying bags; sports bags; women's handbags, purses, pocketbooks and shopping bags.

        25: Clothing, namely, tops, shirts, sweaters, sports
        shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets, vests, suits, pants suits, leisure
        suits, sport coats, capes, shirt-jackets, loungewear, swimwear, underwear, sleepwear, scarves, belts, gloves, headwear,
        footwear.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	European Union	*H Heritage Licensing,
    LLC	011779469	09/23/2013	20: Mirrors, cushions, pillows, mattresses, keyboards
        for hanging keys, chairs, tables, benches, deck-chairs, armchairs; furniture being wall units; sofas, writing desks, wardrobes,
        cupboards, beds, shelves, chests of drawers, umbrella stands, tea carts, footstools, book cases, clothes hangers.

        21: Hairbrushes, fitted vanity cases, comb cases, hair
        combs, household cleaning sponges, egg cups not of precious metals, serving spoons, slotted spoons, basting spoons, mixing
        spoons, bread boxes, cake servers, casseroles, cruet stands not of precious metals for oil and vinegar, pepper grinders,
        spice pots, sugar bowls, canister sets, pitchers, pots, vases, gravy boats, covers for dishes and pots, butter dishes,
        napkin holders, toothpick holders, non-electric kettles, non-electric coffee makers, plates, serving platters, saucepans,
        saucers, soup tureens, serving trays not of precious metals; decanters, bottle openers, cork screws, cups, jugs, bowls,
        mugs, drinking glasses, decorative glass boxes and plates, non-electric candelabras not of precious metals, candlesticks
        not of precious metals, flower pots and vases, glass vases, glass ornaments; vases, ornaments of china, crystal, glass,
        porcelain; statuettes, figurines and sculptures in crystal; table centerpieces being plates and vases of crystal, china,
        glass, porcelain, ceramic; drinking vessels, plates and dishes not of precious metals, empty bottles, coffee service not
        of precious metals, ceramic figurines; vases, ornaments, statuettes, figurines and sculptures in porcelain; pans and bowls
        in ceramics and terra cotta or earthenware; trays not of metal, namely, trays for domestic purposes, not of metal.

        43: Bar services, cafeterias, snack-bar, pubs, bar-restaurants,
        wine bars, self-service restaurants, restaurants, carry-out restaurants; restaurants featuring home delivery; delicatessen
        being restaurants; providing banquet and social function facilities for special occasions; food and drink catering; canteen
        services; cocktail lounges, food preparation; providing advice on wine and wine and food pairing being sommelier services;
        travel agency services in the form of reservation and booking of temporary lodging; providing and arranging temporary
        housing accommodation; tourist homes and tourist hostels, hotels, boarding houses, guest houses, farm houses as temporary
        lodging; resort lodging services, hotel services for preferred customers, hotel reservation, retirement homes, rental
        of meeting rooms for social gatherings and meetings; providing conference rooms; providing food to needy persons as charitable
        services; rental of food service equipment; rental of table linen, rental of bar equipment; all the aforesaid being services
        for third parties.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	European Union	*H Heritage Licensing,
    LLC	0940507	09/28/2007	35: On-line retail
    store services featuring apparel and related accessories; retail store services featuring apparel and related accessories.	*Pending assignment
    recordal
	HALSTON	European Union	*H Heritage Licensing,
    LLC	003486842	04/02/2005	9: Scientific, nautical, surveying, photographic, cinematographic,
        optical, weighing, measuring, signalling, checking (supervision), life-saving and teaching apparatus and instruments;
        apparatus and instruments for conducting, switching, transforming, accumulating, regulating or controlling electricity;
        apparatus for recording, transmission or reproduction of sound or images; magnetic data carriers, recording discs; automatic
        vending machines and mechanisms for coin-operated apparatus; cash registers, calculating machines, data processing equipment
        and computers; fire-extinguishing apparatus; eyeglass frames and parts thereof; sunglasses; and eyeglass and sunglasses
        cases.

        14: Precious metals and their alloys and goods in precious
        metals or coated therewith, not included in other classes; jewelry, precious stones; horological and Precious metals and
        their alloys and goods in precious metals or coated therewith, not included in other classes; jewelry, precious stones;
        horological and chronometric instruments; watches; costume jewelry.

        18: Leather and imitations of leather, and goods made
        of these materials and not included in other classes; animal skins, hides; trunks and travelling bags; umbrellas, parasols
        and walking sticks; whips, harness and saddlery; luggage; women's handbags, purses, pocketbooks; wallets, billfolds, bags,
        key holders, key cases, key fobs, calendars, organizers, money clips, money cases, attaché cases, business card
        cases, document cases, overnight cases, checkbook covers, checkbook holders, personal accessory cases, cigarette cases,
        cosmetic cases (sold empty), toiletry cases (sold empty), vanity cases (sold empty), coin purses, coin pouches, passport
        holders, credit card holders, credit card cases, phone bags, travel bags, pocketbooks, purses, handbags.

        25: Clothing; footwear, headgear; brassieres, underpants,
        slips, petticoats, and teddies; men's suits and shirts; women's hats, jackets, skirts, blouses, shirts, suits, pants suits,
        trousers, vests, capes, rainhats, and rainsuits; shoes and boots; men's suits, sport coats, shirts, jackets, shirt-jackets,
        sportshirts, sweaters, shorts, leisure suits, vests and trousers; gloves.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	European Union	*H Heritage Licensing,
    LLC	011209699	03/26/2013	18: Handbags, purses, pocketbooks, wallets, coin purses,
        credit card cases, business card holders, key cases made of leather or imitations of leather, key fobs made of leather
        or imitations of leather, tote bags, travel bags, all-purpose carrying bags, shopping bags, sport bags, back packs, luggage,
        billfolds, briefcases, carry cases for documents, coin holders in the nature of wallets, vanity cases sold empty and makeup
        bags sold empty.

        24: Handkerchiefs.

        25: Clothing, namely, tops, shirts, sweaters, sports
        shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets, vests, suits, pants suits, leisure
        suits, sport coats, blazers, outerwear, sport shirts, knitwear, t-shirts, denim jeans, capes, shirt-jackets, loungewear,
        women's lingerie, swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts, gloves, hosiery, headwear, footwear,
        ties.

        35: Retail store services and on-line retail store
        services in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses, pocketbooks and shopping
        bags, luggage, small leather goods, eyewear, namely eyeglass frames and their parts, eyeglasses, sunglasses, eyeglass
        and sunglass cases and eyewear accessories, namely straps, neck cords and head straps which restrain eyewear from movement
        on a wearer, watches, jewelry, costume jewelry, fragrances, bed linens, shower curtains, bath linens, kitchen linens,
        table linens, window coverings, rugs, furniture, candles
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	France	*H Heritage Licensing,
    LLC	1251041	11/15/1983	Bleaching preparations
    and other substances for laundry use; cleaning, polishing, scouring and abrasive preparations; know perfumery, essential oils,
    cosmetics, hair lotions; toothpastes. Precious metals and their alloys and goods made of these materials or coated therewith
    not included in other classes; jewelery, jewelery, precious stones; horological and chronometric instruments. Paper, cardboard
    and goods made from these materials, not included in other classes; printed matter, bookbinding material; photographs; stationery,
    adhesives (stickies) for stationery or household purposes; materials for artists; paint brushes ; typewriters and office requisites
    (except furniture); instructional and teaching material (except apparatus); plastic materials for packaging (not included
    in other classes); playing cards ; printed characters; shots. Leather and imitation leather, goods made of these materials
    not included in other classes; animal skins; trunks and suitcases; umbrellas, parasols and walking sticks; whips and saddlery.
    Clothing, shoes, headgear. Lace and embroidery, ribbons and laces; buttons, hooks and eyelets, pins and needles; artificial
    flowers.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Germany	*H Heritage Licensing,
    LLC	39553222	05/24/1978	14, 16, 18, 25, 26:
    Jewelry, precious stones; Clocks and other timepieces; Paper and cardboard goods; Cut, putty and dress patterns of paper or
    cardboard; Trunks and suitcases; Umbrellas, parasols and walking sticks; Clothing; Lace and embroidery, ribbons and braid;
    Buttons, snaps, hooks and eyes, pins and needles; artificial flowers; Wigs	*Pending assignment
    recordal
	HALSTON	Germany	*H Heritage Licensing,
    LLC	DD642384	09/20/1978	25: Men's, underwear
    and underclothing, including hosiery, women's and girls' hats, jackets, skirts, blouses, shirts, costumes, trouser suits,
    trousers, vests, capes, dresses, festive dresses, pajamas, pullovers, shorts, caftans, Coats, scarves, raincoats, rain hats,
    swimsuits, fur coats, fur jackets and fur stoles, fur capes, men's and boys' suits, shirts, long pants, jackets, belts, socks,
    lace-ups, shoes and slippers	*Pending assignment
    recordal
	HALSTON	Greece	*H Heritage Licensing,
    LLC	F51936	04/17/1975	14, 16, 18, 25, 26:
    Preparations for the lefkansin, by matter; washing, preparations for cleaning, polishing, scraping and removal of fat. sapones,
    articles beauty, essential oils, cosmetics, lotions for the hamlet, odontosmiktika itself and cornices. precious metals and
    their alloys, as and items of materials that end, the diepistroseos exceptions species machairopoiias, forks, spoons, chrysochoiias
    articles, precious stones. articles orologopoiias and chronometric instruments kosmimatopoiias same species. map and articles
    of paper, paperboard and articles of cardboard. literature, newspapers, magazines, books. desimatos articles. photographs
    of. stationery, kollodeis by matter; paper products. materials for their kallitechnas. chrostires. grafomichanai and office
    requisites (except furniture). materials and teaching pedagogy (other than institutions). playing cards. typografias data.
    slope and same paper patterns sewing and clothing. imitation leather leather and goods made of these things matter not listed
    input allas headings. colorectal skins. trunks and traveling valitsai. umbrellas, parasols and walking sticks, whips, ipposkefai,
    equestrian and same aposkefai and umbrellas. clothing, including footwear and size and same gynaikeiai costumes, jackets,
    sweater, blouzai, costumes, outfits, baggy trousers, raincoats, pilot, pilots waterproof, furs, near trousers, shirts for
    women and despoinidas. men's shirt and suit. trichapta (dantelai) and embroidery, ribbon and trimmings, node by node pressure,
    buckles (snap) needles, artificial flowers and same perroukai. the same goes for the headings	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Guatemala	*H Heritage Licensing,
    LLC	33706	12/21/1977	16: Paper, cardboard
    and goods made from these materials, not included in other classes; printed matter; bookbinding material; photographs; stationery;
    adhesives for stationery or household purposes; artists' materials; paint brushes; typewriters and office r	*Pending assignment
    recordal
	HALSTON	Honduras	*H Heritage Licensing,
    LLC	24366	12/30/1977	16	*Pending assignment
    recordal
	HALSTON	Hong Kong	*H Heritage Licensing,
    LLC	19740472AA	04/23/1974	14: Precious metals and their alloys and goods in precious
        metals or coated therewith (except cutlery, forks and spoons); jewelry, precious stones; horological and other chronometric
        instruments.

        18: Leather and imitations of leather, and articles
        made from these materials, and not included in other classes; skins, hides; trunks and travelling bags; umbrellas, parasols
        and walking sticks; whips, harness and saddlery.

        25: Clothing, including boots, shoes and slippers
	*Pending assignment
    recordal
	HALSTON	Hong Kong	*H Heritage Licensing,
    LLC	300979417	04/28/2008	35: Retail store services
    and on-line retail store services featuring precious metals and their alloys and goods in precious metals or coated therewith
    (except cutlery, forks and spoons), jewelry, precious stones, horological and other chronometric instruments, paper and paper
    articles, cardboard and cardboard articles, printed matter, newspapers and periodicals, books, book-binding material, photographs,
    stationery, adhesive materials (stationery), artists' materials, paint brushes, typewriters and office requisites (other than
    furniture), instructional and teaching material (other than apparatus), playing cards, printers' type and cliches (stereotype),
    leather and imitations of leather and articles made from these materials included in class 18, skins, hides, trunks and travellings
    bags, umbrellas, parasols and walking sticks, whips, harness and saddlery, apparel and related accessories, clothing, footwear
    including boots, shoes and slippers and headgear, wigs, lace and embroidery, ribbons and braid, buttons, press buttons, hooks
    and eyes, pins and needles, artificial flowers.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Hong Kong	*H Heritage Licensing,
    LLC	302401587	02/17/2014	18: Handbags, purses, pocketbooks, wallets, coin purses,
        credit card cases, business card holders, key cases made of leather or imitations of leather, key fobs made of leather
        or imitations of leather, tote bags, travel bags, all-purpose carrying bags, shopping bags, sport bags, backpacks, luggage,
        billfolds, briefcases, carry cases for documents, coin holders in the nature of wallets, vanity cases sold empty and makeup
        bags sold empty.

        24: Handkerchiefs.

        25: Clothing, namely, tops, shirts, sweaters, sports
        shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets, vests, suits, pantsuits, leisure suits,
        sport coats, blazers, outerwear, knitwear, t-shirts, denim jeans, capes, shirt-jackets, loungewear, women's lingerie,
        swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts, gloves, hosiery, headwear, footwear, ties.

        35: Retail store services and on-line retail store
        services in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses, pocketbooks and shopping
        bags, luggage, small leather goods, eyewear, namely eyeglass frames and their parts, eyeglasses, sunglasses, eyeglass
        and sunglass cases and eyewear accessories, namely straps, neck cords and head straps which restrain eyewear from movement
        on a wearer, watches, jewelry, costume jewelry, bed linens, shower curtains, bath linens, kitchen linens, table linens,
        window coverings, rugs, furniture, candles
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	India	*H Heritage Licensing,
    LLC	1642158	02/01/2011	09: Ophthalmic lenses;
    optical; goods; optical lenses; contact, sunglasses, frames for eyeglasses, and adapted for spectacles; parts and fitting
    for all the aforesaid goods; all included in class 9.	*Pending assignment recordal
	HALSTON	India	*H Heritage Licensing,
    LLC	292725	12/11/1973	14: jewelry, precious
    stones, horological and other chronometric instruments.	*Pending assignment recordal
	HALSTON	India	*H Heritage Licensing,
    LLC	292727	12/11/1973	18: leather and imitations
    of leather and articles made from these materials and not included in other classes; skins; hides; trunks and travelling bags;
    umbrellas and parasols.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	India	*H Heritage Licensing,
    LLC	292728	12/11/1973	25: articles of clothing,
    boots, shoes and slippers, all being goods included in class 25.	*Pending assignment
    recordal
	HALSTON	India	*H Heritage Licensing,
    LLC	292729	12/11/1973	26: lace and embroidery
    ribbons and braid, buttons, hooks and eyes, wigs, all being goods included in class 26.	*Pending assignment
    recordal
	HALSTON	Indonesia	*H Heritage Licensing,
    LLC	IDM000144480	11/05/2007	14: Precious metals
    and their mixtures and objects made from such materials or plated with such materials are not included in the jewelry, precious
    stones, clocks and timers.	*Pending assignment
    recordal
	HALSTON	Indonesia	*H Heritage Licensing,
    LLC	IDM000337841	11/15/2011	18: Handbag; purse;
    bags, suitcases (luggage), small suitcases, traveling bags; generally large tote bags (tote bags); backpack; sports bags;
    purse.	*Pending assignment
    recordal
	HALSTON	Indonesia	*H Heritage Licensing,
    LLC	IDM000236742	02/15/2010	18: Leather and imitation
    leather and articles of these materials, and not included in in, animal skins, delicate skins, rain umbrellas, sun umbrellas
    and sticks, whips, horseback riding and saddles	*Pending assignment
    recordal
	HALSTON	Indonesia	*H Heritage Licensing,
    LLC	IDM000230583	12/21/2009	24: Textiles and textile
    goods are not included in the sheets, linen and tablecloths.	*Pending assignment
    recordal
	HALSTON	Indonesia	*H Heritage Licensing,
    LLC	IDM000180889	10/14/2008	25: Earmuffs for winter,
    fur, gloves, socks, winter gloves, neckties, scarves (clothing), scarves (clothing), stockings, suspenders / strap clothing,
    headgear, namely, berets, cap, hat, sun visor (sun visors), headbands; footwear, namely, sandals for the shower, beach shoes,
    boots; kao skaki of fur (footmuffs), not electrically heated; gymnastic shoes, heel shoes, sandals, boots, ski boots, slippers
    / loafers, casual canvas shoes, soles for footwear, sports shoes; tire wrist.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Indonesia	*H Heritage Licensing,
    LLC	IDM000232004	01/07/2010	9: Aircraft and tooling
    science, shipping, research, portrait, cinematographic, weighing, measuring, signaling, control (inspection), rescue and education;
    aircraft and tooling to hold, exchange, modify, megumpulkan, regulating or controlling electricity; plane for recording, transmitting
    or reproduction of sound or images; magnetic data carriers; floppy disks for recording; penggerak'otomatis which work by inserting
    money or a piece of metal into it; cash registers, calculating machines; data processing equipment and computers; aircraft
    fire extinguisher.	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Indonesia	*H Heritage Licensing,
    LLC	IDM000507631	09/25/2013	18: Handbags, wallets,
    bags for carrying books, pocket wallets, coin purses, credit card places, business cards, key holders made of leather or imitation
    leather, key chains made of leather or imitation leather, clothing with long straps generally large-sized (tote bags), travel
    bags, bags to carry everything, shopping bags, sports bags, backpacks (backpacks), luggage bags, wallets for paper money,
    briefcases, bags for carrying documents, places coins that are shaped like wallets, small bags that can store cosmetics /
    toiletries for traveling that are sold empty without contents and makeup bags sold empty without contents	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Indonesia	*H Heritage Licensing,
    LLC	IDM000574161	09/25/2013	25: The clothes are
    tops, shirts, warm clothes, sports shirts, blouses, pants, shorts, trousers, skirts, overalls, caftans (caftans), coats, jackets,
    vests, suits, suits with pants, suits for holidays, sports coats, blazer, outerwear, sports shirts, knitwear, T-shirts, denim
    jeans, capes, shirts that function as jackets, casual wear, women's underwear, swimwear, underwear, sleepwear, bathrobes,
    robes, scarves, belts, gloves, socks, headgear, footwear, ties, handkerchiefs for clothes.	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Indonesia	*H Heritage Licensing,
    LLC	IDM000509885	09/25/2013	35: On-line retail
    and retail shops in the fields of clothing, underwear and underwear for women, footwear, belts, handbags, wallets, bags for
    carrying books and shopping bags, luggage bags, small items made of leather, eyeglasses that are eyeglass frames and parts,
    eyeglasses, sun glasses, glasses and sun glasses and eyewear accessories, namely straps, straps for the neck and rope for
    the head that hold the glasses from the wearer's movements , watches, jewelry, jewelry for costumes, fragrances, bed linen,
    curtains for showers, cloth for bathing, fabrics for kitchens, fabrics for tables, window coverings, rugs, home furnishings,
    candles	*Pending assignment
    recordal
	HALSTON	International (EU)	*H Heritage Licensing,
    LLC	940507	09/28/2007	35: On-line retail
    store services featuring apparel and related accessories; retail store services featuring apparel and related accessories.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Iran	*H Heritage Licensing,
    LLC	225258	02/17/2015	4, 9, 11, 14, 16,
    18, 20, 21, 24, 26, 27, 35, 43	*Pending assignment
    recordal
	HALSTON	Israel	*H Heritage Licensing,
    LLC	203829	11/08/2009	09: Eyeglass frames
    and parts thereof; sunglasses; and eyeglass and sunglass cases; all included in class 9.	*Pending assignment
    recordal
	HALSTON	Israel	*H Heritage Licensing,
    LLC	38546	09/30/1975	14: All goods included
    in class 14	*Pending assignment
    recordal
	HALSTON	Israel	*H Heritage Licensing,
    LLC	38548	09/30/1975	18: All goods included
    in class 18	*Pending assignment
    recordal
	HALSTON	Israel	*H Heritage Licensing,
    LLC	38549	09/30/1975	25: All goods included
    in class 25	*Pending assignment
    recordal
	HALSTON	Italy	*H Heritage Licensing,
    LLC	1569915	12/02/2013	14: Precious metals and their alloys and goods made
        from these materials or coated therewith, not included in other classes; jewelry, precious stones; horological and chronometric
        instruments

        16: Paper, cardboard and products made from these materials,
        not included in other classes; printed; bookbinding material; photos; stationery shop; adhesives (glues) for stationery
        or for domestic use; artists' materials; paint brushes; typewriters and office requisites (except furniture); instructional
        and teaching material (except apparatus); plastic materials for packaging (not included in other classes); playing cards;
        printers' type; clichés

        18: Leather and imitation leather, goods made of these
        materials and not included in other classes; animal skins; trunks and traveling bags; umbrellas, parasols and walking
        sticks; whips and saddlery

        25: Clothing, footwear, headgear

        26: Lace, lace and embroidery, ribbons and braid; buttons,
        hooks and eyes, pins and needles; artificial flowers
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Japan	*H Heritage Licensing,
    LLC	4095512	12/19/1997	14: Watch, precious
    metal tableware, precious metal jewelry box, precious metal candle eraser and candle stand, precious metal made mouth and
    wallet, precious metal made compact, precious metal made smoking utensils, decorative items, jewels and their gemstones and
    jewelry imitations	*Pending assignment
    recordal
	HALSTON	Japan	*H Heritage Licensing,
    LLC	2556769	07/30/1993	18:Umbrella, stick, staff, metal fittings, stalk
        handle

        25: Shoes
	*Pending assignment
    recordal
	HALSTON	Japan	*H Heritage Licensing,
    LLC	1300523	09/19/1977	25: Clothing	*Pending assignment
    recordal
	HALSTON	Japan	*H Heritage Licensing,
    LLC	3367686	12/19/1997	9: Eyeglasses, telecommunications
    equipment, records, electronic appliances and appliances and parts thereof, electric irons	*Pending assignment
    recordal
	HALSTON
    (in Katakana)	Japan	*H Heritage Licensing,
    LLC	1712633	09/24/1984	20, 21, 22, 24, 25	*Pending assignment
    recordal
	HALSTON
    (in Katakana)	Japan	*H Heritage Licensing,
    LLC	1326086	03/09/1978	25	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Jordan	*H Heritage Licensing,
    LLC	128858	03/10/2013	18: (Google Translate)
    Handbags, wallets, pocket books, coin wallets, coin wallets, credit card holders, business card holders, leather keychain,
    leather keychain, key chains made of leather or imitation leather, hand bags, travel bags and carrying bags for all purposes,
    shopping bags, sport bags, Backpacks, wallets, pocket wallets, briefcases, coin bags, coin holders in the nature of pocket
    wallets, small bags for cosmetics sold empty, make-up bags sold empty	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Jordan	*H Heritage Licensing,
    LLC	128859	03/10/2013	25: (Google Translate)
    Clothing, handbags, wallets, shopping bags, luggage, small leather goods, sunglasses, specifically eyeglass frames, glasses,
    sunglasses, eyewear, sunglasses, eyeglass accessories, straps and neck cords. Head straps that restrict eyeglasses from movement
    to worn watches, jewelry, detailed jewelry, perfumes, bed sheets, bathroom curtains, bathroom linens, Table and spray hoods
    nets, carpets, furniture and candles	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Jordan	*H Heritage Licensing,
    LLC	128860	03/10/2013	35: (Google translate)
    Retail stores and online retail store services in clothing, underwear, women's underwear, shoes, belts, handbags, wallets,
    pocket bag, shopping bags, luggage, small leather goods, sunglasses, specifically eyeglass frames, glasses, sunglasses, eyeglasses,
    sunglasses, eyeglasses accessories, Head straps that restrict eyeglasses from movement to worn watches, jewelry, detailed
    jewelry, perfumes, bed linens, shower curtains, bath linens, kitchen linens, Larch table covers nets, carpets, furniture and
    candles	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Kuwait	*H Heritage Licensing,
    LLC	88494	09/13/2007	09	*Pending assignment
    recordal
	HALSTON	Kuwait	*H Heritage Licensing,
    LLC	88495	09/13/2007	14	*Pending assignment
    recordal
	HALSTON	Kuwait	*H Heritage Licensing,
    LLC	88496	09/13/2017	18	*Pending assignment
    recordal
	HALSTON	Kuwait	*H Heritage Licensing,
    LLC	88497	09/13/2007	25	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Kuwait	*H Heritage Licensing,
    LLC	136976	01/31/2013	18	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Kuwait	*H Heritage Licensing,
    LLC	136977	01/31/2013	25	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Kuwait	*H Heritage Licensing,
    LLC	136978	01/31/2013	35	*Pending assignment
    recordal
	HALSTON	Lebanon	*H Heritage Licensing,
    LLC	115463	03/17/2008	9, 14, 18, 25	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Lebanon	*H Heritage Licensing,
    LLC	149971	04/26/2013	18, 25, 35	*Pending assignment
    recordal
	HALSTON	Malaysia	*H Heritage Licensing,
    LLC	87001722	04/30/2028	25: Articles of clothing
    included in Class 25	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Malaysia	*H Heritage Licensing,
    LLC	2013013257	01/05/2015	18: Handbags, purses,
    pocket wallets, card cases (notecases), wallets, coin purses, credit card cases (pocket wallets), credit card holders made
    of leather or imitation of leather, key cases made of leather or imitations of leather, key fobs made of leather or imitations
    of leather, tote bags, travel bags, all-purpose carrying bags, shopping bags, sport bags, back packs, luggage, billfolds,
    briefcases, carry cases for documents, coin holders in the nature of wallets, vanity cases (not fitted) sold empty and makeup
    bags sold empty; all included in class 18	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Malaysia	*H Heritage Licensing,
    LLC	2013013255	11/24/2014	25: Clothing; tops
    (clothing), chemise tops, halter tops, polo tops, sleeveless tops, tank tops, vest tops, wind resistant tops, shirts, sweaters,
    sports shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets (clothing), vests, suits, pants
    suits, leisure suits, sport coats, blazers, outerwear, sport shirts, knitwear, t-shirts, denim jeans, capes, shirt-jackets,
    loungewear, women’s lingerie, swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts (clothing), gloves (clothing),
    hosiery, headwear, footwear, ties (clothing); all included in class 25	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Malaysia	*H Heritage Licensing,
    LLC	2013013258	02/28/2017	35: Retail store services
    and on-line retail store services in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses, pocketbooks
    and shopping bags, luggage, small leather goods, eyewear, namely eyeglass frames and their parts, eyeglasses, sunglasses,
    eyeglass and sunglass cases and eyewear accessories, namely straps, neck cords and head straps which restrain eyewear from
    movement on a wearer, watches, jewelry, costume jewelry, fragrances, bed linens, shower curtains, bath linens, kitchen linens,
    table linens, window coverings, rugs, furniture, candles; all included in class 35	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	303640	06/11/1984	14: only watches of all classes and their parts, excluding
        strips and extensible for them.

        27: clocks of all kinds.
	*Pending assignment
    recordal
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	(1064007)	(01/29/2010)	18: leather and products
    made from this material not included in other classes; animal skins; baules and suitcases; umbrella, sun umbrella and canes;
    latigos, arneses and talabarteria; excluding expressly; hand bags, dresses for animals and (fabric) skin imitations.	*Pending assignment
    recordal
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	313546	10/25/1985	18: only fabric (imitation of leather).

        22: only lonas (awnings) and networks (except sports
        articles for vehicles and protection) and oil fabric.

        24: woven and textile products not included in other
        classes; bed and table clothing.

        27: only carpets, artificial cesped, mats, felpudo,
        door entry plates.

        42: fabric of knitted, mesh and fabrics (including
        sheets, towels, pillow cases, ba & o mats, paints for washing, curtains and tablecloths).
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	306465	04/02/1985	3: only nails and eye lashes and brushes for makeup.

        6: only cascabeles and key rings (which are not of
        fine metal).

        8: only clips to depil, limes for the hands and feet
        and rizadores for the hair and the eyelashes.

        14: only jewelery and fantasy jewelery.

        16: only runners, caps and antifaces for children parties,
        grade to mark, soap for sastres, serpentinas and confetti.

        20: only fans, sanded animals, frames for embroidery,
        hand mirrors, clothes for clothing.

        21: only borla para polvearse, brushes for brushing,
        footwear, cases for comb, peines.

        24: only flags and banderines of fabric and fabrics
        that are adhered through heat.

        26: buttons, pins, needles, closures and in general
        merchandise items (excluding threads for sewing).

        28: only decorations for Christmas trees and artificial
        Christmas trees.

        31: only natural Christmas trees.

        40: articles of fantasy, avios and merceria.
	*Pending assignment
    recordal
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	(927421)	(04/17/2008)	35: Advertising services
    and services for sale and commercialization of: clothing, footwear, sombrería, leather and imitations of leather, and
    products made of these materials, animal skins, baules, suitcases, umbrellas, sombrillas, canals, latigos, harnesses and talabarteria.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	229682	06/09/1979	5: only hygienic diapers for incontinents and belts
        for hygienic paints

        9: only protective clothing (helmets, goggles, lenses,
        etc.)

        10: only gloves for medical use

        16: only paper diapers

        18: only hand bags and dresses for animals

        21: only rubber gloves for cleaning (domestic use)

        25: all kind of clothing (except that of protection
        and animals)

        39: locker room
	*Pending assignment
    recordal
	HALSTON	Mexico	*H Heritage Licensing,
    LLC	321111	12/17/1986	9: only goggles of all classes and frames for goggles.

        26: eyeglasses of all classes and frames for goggles.
	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Mexico	*H Heritage Licensing,
    LLC	1490758	10/28/2014	18: (Google Translate)
    Hand bags, holders, pocket wallets, pendants, cases [wallets] for credit cards, card holders [wallets], cases for keys made
    of leather or imitation leather, large hand bags, travel bags, bags (beds), bags for purchase, sports bags, backpacks, baules
    [luggage], wallets, wrapping cards, portfolios [articles of leisure machinery], pen holders type pocket wallets, cases for
    toilet articles and bags for cosmetics vendidos vacios	*Pending assignment
    recordal
	HALSTON	Netherlands Antilles	*H Heritage Licensing,
    LLC	02217	08/16/2001	18: Type of goods; perfumeries, toilet waters; colognes;
        perfumed bath oil; bath pads; volatile oils; cosmetics and makeup articles, including hair, facial and body emulsions;
        powders; detergents; cremes; lotions; soaps; hair, skull and skin preparations; eye makeup; nail care products; lipstick
        and lipstickers; lip gloss agents. leather and artificial leather and goods made therefrom, skins, sheets, briefcases
        and valos, umbrella s, umbrellas and walking sticks; whips, horse racing and saddlery; garments including boots, shoes
        and slippers.

        25: Type of goods; perfumeries, toilet waters; colognes;
        perfumed bath oil; bath pads; volatile oils; cosmetics and makeup articles, including hair, facial and body emulsions;
        powders; detergents; cremes; lotions; soaps; hair, skull and skin preparations; eye makeup; nail care products; lipstick
        and lipstickers; lip gloss agents. leather and artificial leather and goods made therefrom, skins, sheets, briefcases
        and valos, umbrella s, umbrellas and walking sticks; whips, horse racing and saddlery; garments including boots, shoes
        and slippers.
	Upon renewal: June 10, 2020 – mark will
        be registered in three jurisdictions: CUR, SXM and BES

         

        *Pending assignment recordal

         

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Norway	*H Heritage Licensing,
    LLC	95824A	01/29/1976	25: Women's hats,
    jackets, skirts, blouses, shirts, suits, trousers, pants, vests, jackets, dresses, dresses, pajamas, sweaters, shorts, hoodies,
    coats, scarves, raincoats, raincoats and raincoats for ladies; fur coats, fur jackets, chairs, fur boots and short fur jackets;
    suits and men's shirts	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Panama	*H Heritage Licensing,
    LLC	100320	04/27/1999	18: Handbags, handbags,
    leather handbags, shopping bags, shoulder bags, handbags, travel bags, handbags, wallets, purses	*Pending assignment
    recordal
	HALSTON	Panama	*H Heritage Licensing,
    LLC	100318	04/27/1999	25: Women's shapers,
    body shapers, tight-fitting bodysuits, bras, bras, caftans, sweaters, women's undershirts, coats, leather coats, leather jackets,
    overcoats, corsets, dresses, nightwear, footwear, corse with undershirts, coats, jackets, leotards, lingerie, street dresses,
    night gowns, pajamas, calzones, taped pants, raincoats, overalls, nightwear, petticoats, light coat, underwear , underwear,
    t-shirts, underwear, dresses, sweaters, dresses for men, dresses with vests, clothing for infants.	*Pending assignment
    recordal
	HALSTON	Paraguay	*H Heritage Licensing,
    LLC	391698	12/27/2013	25: All in the class	*Pending assignment
    recordal
	HALSTON	Philippines	*H Heritage Licensing,
    LLC	4-2017-503955	01/18/2018	14: Jewelry; timepieces and chronometric instruments

        18: List of goods and services Handbags; purses; pocketbooks;
        wallets; coin purses; credit card cases; business card holders; key cases made of leather or imitations of leather; key
        fobs made of leather or imitations of leather; tote bags; travel bags; all-purpose carrying bags; shopping bags; sport
        bags; back packs; luggage; billfolds; briefcases; carry cases for documents; coin holders in the nature of wallets; vanity
        cases sold empty and makeup bags sold empty

        25: List of goods and services Clothing, namely, tops,
        shirts, sweaters, sports shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets, vests, suits,
        pants suits, leisure suits, sport coats, blazers, outerwear, sport shirts, knitwear, t-shirts, denim jeans, capes, shirt-jackets,
        loungewear, women's lingerie, swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts, gloves, hosiery, headwear,
        footwear, ties, handkerchiefs

        35: List of goods and services Retail store services
        and on-line retail store services in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses,
        pocketbooks and shopping bags, luggage, small leather goods, eyewear, namely eyeglass frames and their parts, eyeglasses,
        sunglasses, eyeglass and sunglass cases and eyewear accessories, namely straps, neck cords and head straps which restrain
        eyewear from movement on a wearer, watches, jewelry, costume jewelry, fragrances, bed linens, shower curtains, bath linens,
        kitchen linens, table linens, window coverings, rugs, furniture, candles
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Philippines	*H Heritage Licensing,
    LLC	4/2017/503956	02/22/2018	14: Jewelry; timepieces and chronometric instruments

        18: Handbags; purses; pocketbooks; wallets; coin purses;
        credit card cases; business card holders; key cases made of leather or imitations of leather; key fobs made of leather
        or imitations of leather; tote bags; travel bags; all-purpose carrying bags; shopping bags; sport bags; back packs; luggage;
        billfolds; briefcases; carry cases for documents; coin holders in the nature of wallets; vanity cases sold empty and makeup
        bags sold empty

        25: Clothing, namely, tops, shirts, sweaters, sports
        shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets, vests, suits, pants suits, leisure
        suits, sport coats, blazers, outerwear, sport shirts, knitwear, t-shirts, denim jeans, capes, shirt-jackets, loungewear,
        women's lingerie, swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts, gloves, hosiery, headwear, footwear,
        ties, handkerchiefs

        35: Retail store services and on-line retail store
        services in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses, pocketbooks and shopping
        bags, luggage, small leather goods, eyewear, namely eyeglass frames and their parts, eyeglasses, sunglasses, eyeglass
        and sunglass cases and eyewear accessories, namely straps, neck cords and head straps which restrain eyewear from movement
        on a wearer, watches, jewelry, costume jewelry, fragrances, bed linens, shower curtains, bath linens, kitchen linens,
        table linens, window coverings, rugs, furniture, candles
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Saudi Arabia	*H Heritage Licensing,
    LLC	98/50	11/02/1982	18, 25	*Pending assignment
    recordal
	HALSTON	Singapore	*H Heritage Licensing,
    LLC	T7874979I	07/19/1980	18: Trunks and travelling
    bags, briefcases made of leather, valises, handbags, and umbrellas.	*Pending assignment
    recordal
	HALSTON	Singapore	*H Heritage Licensing,
    LLC	T7874980B	07/08/1983	25: Articles of clothing
    for women and girls; suits and shirts, all for men.	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	Singapore	*H Heritage Licensing,
    LLC	T1315336J	09/20/2013	18: Handbags, purses, pocket wallets, card cases (notecases),
        wallets, coin purses, credit card cases (pocket wallets), credit card holders made of leather or imitation of leather,
        key cases made of leather or imitations of leather, key fobs made of leather or imitations of leather, tote bags, travel
        bags, all-purpose carrying bags, shopping bags, sport bags, back packs, luggage, billfolds, briefcases, carry cases for
        documents, coin holders in the nature of wallets, vanity cases (not fitted) sold empty and makeup bags sold empty.

        25: Clothing; tops (clothing), chemise tops, halter
        tops, polo tops, sleeveless tops, tank tops, vest tops, wind resistant tops, shirts, sweaters, sports shirts, blouses,
        pants, shorts, trousers, skirts, dresses, caftans, coats, jackets (clothing), vests, suits, pants suits, leisure suits,
        sport coats, blazers, outerwear, sport shirts, knitwear, t-shirts, denim jeans, capes, shirt-jackets, loungewear, women's
        lingerie, swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts (clothing), gloves (clothing), hosiery, headwear,
        footwear, ties (clothing).

        35: Retail store services and on-line retail store
        services in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses, pocketbooks and shopping
        bags, luggage, small leather goods, eyewear, namely eyeglass frames and their parts, eyeglasses, sunglasses, eyeglass
        and sunglass cases and eyewear accessories, namely straps, neck cords and head straps which restrain eyewear from movement
        on a wearer, watches, jewelry, costume jewelry, fragrances, bed linens, shower curtains, bath linens, kitchen linens,
        table linens, window coverings, rugs, furniture, candles.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	South Korea	*H Heritage Licensing,
    LLC	4000374400000	06/08/1974	14: Tiepin, tiepin, tiepin, necklace, necklace, necklace

        25: T-shirt, nightgowns, negligees, neckties, denim
        pants, dress pants, rain coats, body shirts, brassieres, blouses, bathing suits, bathing drawers, suits, sweaters, sweat
        shirts, sweat pants, scarfs, skirts, stockings, sport shirts, men’s' suits, children's clothing, trousers, overcoats,
        dress shirts, evening dresses, corset, pajamas (am.), polo shirts, full dress, belt
	*Pending assignment
    recordal
	HALSTON	South Korea	*H Heritage Licensing,
    LLC	4001304480000	09/12/1986	14: Precious metal wallet

        18: Schoolchildren's backpacks, card party, backpacks,
        boston bags, non-precious metal wallet, briefcases, suitcases, opera bags, trunks, handbags
	*Pending assignment
    recordal
	HALSTON	South Korea	*H Heritage Licensing,
    LLC	4007640180000	10/07/2008	18: Carrying bags,
    bags and luggage, back packs, sports bags, portmanteau, purses, tote bags, handbags	*Pending assignment
    recordal
	HALSTON	South Korea	*H Heritage Licensing,
    LLC	4007640190000	10/07/2008	9: Sunglasses, spectacles
    [optics], glasses / sunglasses case, chains for spectacles, eyeglass frames	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	South Korea	*H Heritage Licensing,
    LLC	45-0055762-0000	04/22/2015	18: Handbags, purses / billfolds, pocketbooks, small
        wallets, coin purses, credit card cases, business card holders), Leather and artificial leather key cases (made of leather
        or imitations of leather), leather and artificial leather key rings (key fobs made of leather or imitations of leather),
        tote bags Travel bags, all-purpose carrying bags, shopping bags, sport bags, back packs, luggage, luggage bags, luggage,
        briefcases, carry cases for documents, coin holders in the nature of wallets, cosmetic bags (vanity cases sold empty and
        makeup bags sold empty)

        25: Clothing, shirts, sweaters, sports shirts, blouses,
        pants, shorts, trousers, skirts, dresses, dresses, caftans, coats, jackets, vests, suits, pants suits, sport coats, etc.
        Blazers, outerwear, knitwear, t-shirts, denim jeans, capes, shirt-jackets, loungewear, such as loungewear, women's lingerie,
        swimwear, underwear, sleepwear, bathrobes, robes, scarves, belts, Gloves, hosiery, headwear, footwear, ties, training
        suits, safari suits, handkerchiefs, handkerchiefs, Top coats, tank tops

        35: Retail store services in the field of clothing,
        on-line retail store services in the field of clothing, retail store services in the field of underwear, The company is
        engaged in the development of on-line retail store services in the field of underwear, lingerie retailing services in
        the field of lingerie, on-line retail store services in the field of lingerie, ), Retail store services in the field of
        footwear, on-line retail store services in the field of footwear, retail store services in the field of belt, On-line
        retail store services in the field of handbags, retail store services in the field of handbags, on-line retail store services
        in the field of handbags), Wallet retail stores (Retail store services in the field of purses, on-line retail store services
        in the field of purses, retail store services in the field of pocketbooks, Retail store services in the field of pocketbooks,
        shopping bags in the field, shopping bags in the on-line retail store services, the retailer of the field of luggage,
        the retailer of the field of luggage, the retailer of the field of luggage, the luggage of the luggage, Eyeglass frames
        and their parts, on-line retail store services in the field of eyewear and eyeglass frames and their parts), Eyeglass
        sleeve Up (Retail store services in the field of eyeglasses), an online eyewear retailer ups on-line
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Spain	*H Heritage Licensing,
    LLC	M0736566	11/04/1976	25: dresses, including
    boots, shoes and shoes.	*Pending assignment
    recordal
	HALSTON	Spain	*H Heritage Licensing,
    LLC	M0736567	11/04/1976	26: puntillas and
    embroidery, tapes and ties; buttons, automatic, cork, eyes, pins and needles; artificial flowers.	*Pending assignment
    recordal
	HALSTON	St. Maarten	*H Heritage Licensing,
    LLC	1956	08/16/2001	16: Paper and articles
    of paper; cardboard and articles of carton; printed matter, newspapers and magazines, books, bookbinding materials, photography,
    office and stationery, sewing patterns and patterns for making gowns.	*Pending assignment
    recordal
	HALSTON	St. Maarten	*H Heritage Licensing,
    LLC	1955	08/16/2001	18 and 25: kind of
    goods, perfumery, toilet waters; colognes; perfumed bath oils; bath powders; volatile oils; cosmetics and make-up articles,
    including hair, facial and body emulsions; powders; cleaning agents; creams; lotions; soaps; hair, skull and skin preparations;
    eye make-up; nail care products; lipstick and lip rouges; lip glosses. leather and imitations of leather and goods made therefrom,
    skins, skins, suitcases and suitcases, umbrellas, sun umbrellas and walking sticks; whips, horse harnesses and saddlery; garments
    including boots, shoes and slippers.	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Sweden	*H Heritage Licensing,
    LLC	150514	02/28/1975	25: Clothes, including
    boots, shoes and slippers.	*Pending assignment
    recordal
	HALSTON	Switzerland	*H Heritage Licensing,
    LLC	P-432925	11/11/1996	Jewelry, patterns,
    luggage and umbrellas; Women's dresses, coats, jackets, blouses, costumes, pants, raincoats, hats, raincoats, fur coats, linen,
    men's suits and shirts; Wigs; Watches	*Pending assignment
    recordal
	HALSTON	Taiwan	*H Heritage Licensing,
    LLC	00720421	07/01/1996	18: Bags, suitcases,
    travel bags, wallets	*Pending assignment
    recordal
	HALSTON	Taiwan	*H Heritage Licensing,
    LLC	00798914	03/16/1998	25: Clothes, caps,
    socks, tights.	*Pending assignment
    recordal
	HALSTON	Taiwan	*H Heritage Licensing,
    LLC	00827101	11/16/1998	25: Footwear	*Pending assignment
    recordal
	HALSTON	Thailand	*H Heritage Licensing,
    LLC	97125	04/07/1987	18: Leather and imitation
    leather and what to do with leather or artificial leather that is not in the other. leather wallet and wallet handbag purse
    retail bag small pocket bag bag to the evening, luggage, bag, dress sports wear / bag sports wristlet leather bag (ice / wine
    box) leather bag leather case with pocket for carrying notebook and diary bag chest wearable leather travel kit jewelery box
    box made of leather leather bag sharp tool shoulder bag backpack small bag bag made of leather, a bag of big suitcases. clothing
    bag the label is made of leather for luggage. bag for dress manicure and pedicure set small briefcase map pocket binoculars
    camera bag instrument pocket banknote business card holder handbags and wallets	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Thailand	*H Heritage Licensing,
    LLC	55547	02/06/1986	25: Clothing, including
    boots. shoes, shirts, shirts, shirts, shorts, coats, hats, gloves, pants, pants, sleepwear international dress / suits of
    men, women, wraps, blouses strapless shorts (stockings) ladies underwear lingerie of the gentlemen lingerie bikini bath set
    underwear panties shorts, boxer shorts, long sleeves, tops, underwear lingerie	*Pending assignment
    recordal
	HALSTON	Thailand	*H Heritage Licensing,
    LLC	(1033102)	(03/21/2016)	25	*Pending assignment
    recordal
	HALSTON
    HERITAGE	Thailand	*H Heritage Licensing,
    LLC	181107152	03/23/2018	14: Clasp ring with keychain made of silver gemstone
        jewelry gems made of precious metal, necklace, gemstone, earrings, bracelet, brooch, clip, necktie, cufflinks, watches,
        watches, chronometers (time)

         
	*Pending assignment
    recordal
	HALSTON
    HERITAGE	Thailand	*H Heritage Licensing,
    LLC	181114058	06/01/2018	18: Handbag wallet,
    wallet credit card holder, business card holder, keyboard case made of leather, keyboard made of artificial leather, leather
    key, keyboard made of artificial leather, medium size handbag, travel bag, pay pocket, sports bag, beach bag, diaper bag,
    shoulder bag, backpack, carrying case, document bag for umbrella, cloth bag for cosmetics	*Pending assignment
    recordal
	HALSTON
    HERITAGE	Thailand	*H Heritage Licensing,
    LLC	181107327	03/23/2018	35: Retail clothing
    retail shoes retail bags and leather retail sunglasses and sunglasses retail watch retail jewelry retail fragrances retail
    linen retail windows and floor coverings and furniture retail candles sells goods online	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON

         
	Turkey	*H Heritage Licensing,
    LLC	2007 52011	08/29/2008	9: Eyeglasses, sunglasses, contact lenses and their
        boxes, cases, parts and accessories.

        14: Jewelry goods (including their imitation), gold,
        jewelery, precious stones and articles thereof jewelery, cufflinks, tie pins and sculptures, knick-knacks. clocks and
        time measuring devices, (chronometers, metronomes and parts, including watch bands).

        18: Leather, leather imitations, or other materials
        not included in other classes for transporting finished goods (purses, leather or stout leather boxes and chests, key
        included). umbrellas, parasols, sunshades, walking sticks.

        25: Top worn clothes, shirts; sweaters; pants; shorts;
        skirts; clothing; coats; jackets; daily team clothing; bathing suits; underwear; sleeping garments; headgear; foot wear;
        scarves; belts.
	*Pending assignment
    recordal
	HALSTON	Turkey	*H Heritage Licensing,
    LLC	2007 52011	09/27/2007	9: Eyeglasses, sunglasses, lenses and their boxes,
        cases, parts and accessories.

        14: Jewelry (including imitations) gold, jewelry, precious
        stones and jewelry, cufflinks, tie pins and statues, figurines. Clocks and time measuring devices (including chronometers,
        metronome and parts, watchbands). Jewelry articles (including imitations), jewelry, precious stones and jewelry, cufflinks,
        tie pins and sculptures, figurines. Clocks and time measuring devices (including chronometers, metronome and parts, watchbands).

        18: Goods not contained in any other classes for transporting
        leather, leather imitations or other materials (including bags, leather or leather boxes and crates, key rings). Umbrellas,
        sun umbrellas, sunshades, canes. Articles not included in any other classes for carrying of leather, leather imitations
        or other materials (including bags, leather or leather boxes and crates, key rings). Umbrellas, sun umbrellas, sunshades,
        canes

        25: Hats, shirts, pullovers, shorts, skirts, dresses,
        breeches, shorts, dresses, coats, pants, trousers. Back to top Wear garments, dress shirts overalls trousers shorts skirts
        dresses overcoats jackets daily suit clothing swimming clothes undergarments sleep clothes head clothes foot clothes scarves
        belts.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	ROY
    FROWICK	U.S.	*H Heritage Licensing,
    LLC	(88011227)	(06/22/2018)	25: Footwear	*Pending assignment
    recordal
	HALSTON	UK	*H Heritage Licensing,
    LLC	UK00001021969	12/10/1973	14: Precious metals and their alloys and articles included
        in Class 14 made of precious metals or coated therewith; jewelry, precious stones; horological and chronometric instruments.

        16: Paper and paper articles, all included in Class
        16, printed matter, instructional and teaching material (other than apparatus) and sewing patterns (printed matter).

        18: Leather, imitation leather and articles included
        in Class 18 made from such materials; trunks, travelling bags, umbrellas, parasols and walking sticks.

        25: Articles of clothing for women and girls; suits
        and shirts, all for men.

        26: Lace, embroidery, ribbons, and braid, all being
        textile small wares; buttons, press buttons; hooks, eyes, pins and needles, all included in Class 26; and artificial flowers.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	UK	*H Heritage Licensing,
    LLC	UK00001052288	09/18/1975	26: wigs and hair
    pieces (for wear)	*Pending assignment
    recordal
	HALSTON	United Arab Emirates	*H Heritage Licensing,
    LLC	(115791)	(07/01/2008)	18	*Pending assignment recordal
	HALSTON	United Arab Emirates	*H Heritage Licensing,
    LLC	(115792)	(07/01/2008)	25	*Pending assignment recordal
	HALSTON H HERITAGE (Stylized)

        
	United Arab Emirates	*H Heritage Licensing,
    LLC	(188402)	(03/14/2013)	18: Handbags, wallets
    hand pocket and wrote portfolio pocket and hand the governor of the coin and wallets for credit card and cradles card business
    and the governor of the keys made of leather or leather fob keychains made of leather or leather fob, handbags, suitcases
    and bags of pregnancy for all alagradohakaúb shopping bags sports bags that carry-on luggage and pocket portfolio bags
    and bags of documents and pregnancy bras and governor currency in the nature of wallets and small bags for cosmetics sold
    empty and make-up bags sold empty	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	United Arab Emirates	*H Heritage Licensing,
    LLC	(188403)	(03/14/2013)	25: Clothing, namely
    upper garment, shirts, jackets, albulaaz and trousers and shorts and pants, skirts, dresses and women's dresses and long coats
    and jackets (jackets) the jumpers, allowances and panties allowances and allowances comfortable and sport coats, jackets and
    shirts loose external sports apparel and nonwoven anglers and short sleeve shirts and jeans from petticoat foreign robes sleeveless
    shirts and jackets women's clothing, household and women's underwear, swimwear, underwear, pajamas, bathrobes, and bathrobes.
    (long robe) and scarves, belts, gloves and knitted garments and headwear, shoes, neckties and napkins	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	United Arab Emirates	*H Heritage Licensing,
    LLC	(188404)	(03/14/2013)	35: Compilation of
    a variety of products for the benefit of third parties (excluding transport) to enable customers to preview, buy easily, specifically,
    underwear, lingerie and women's apparel and shoes and belts, handbags, wallets and hand pocket portfolio and shopping bags
    and luggage and small leather goods, sunglasses and specifically tires glasses and cut and glasses, sunglasses, cans glasses,
    sunglasses, eyewear and accessories specifically tapes and ropes neck and head tapes that restrict the movement of the glasses
    on the worn watches, jewelry and jewelry detailed, perfumes, bed linens and shower curtains and bath linens and kitchen linens
    and tablecloths and blankets nets and carpets and furniture and candles; such services can be provided by retail stores and
    online retail stores	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	(87095850)	(07/07/2016)	14: jewelry, timepieces
    and chronometric instruments	*Pending assignment
    recordal
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4720835	04/14/2015	18: backpacks	*Pending assignment
    recordal
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	5137808	02/07/2017	18: Luggage; travel
    bags; sports bags and reusable shopping bags	*Pending assignment
    recordal
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4013310	08/16/2011	18: tote bags; all-purpose
    carrying bags; pocketbooks	*Pending assignment
    recordal
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4289286	02/12/2013	25: Clothing, namely,
    shorts, skirts, caftans, suits, pants suits, sport coats, capes, shirt-jackets	*Pending assignment
    recordal
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4026797	09/13/2011	25: Clothing, namely,
    tops, shirts, sweaters, sports shirts, blouses, pants, trousers, dresses, coats, jackets, vests, leisure suits, belts, footwear	*Pending assignment
    recordal
	H (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	(87095795)	(07/07/2016)	9: Eyewear, eyeglass
    cases, eyewear accessories, namely, straps, neck cords and head straps which restrain eyewear from movement on a wearer	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	USA	*H Heritage Licensing,
    LLC	(86901867)	(2/9/2016)	11: Table lamps, clamp-fixed
    lamps, wall lamps, ceiling lamps, floor lamps, suspension lamps, outdoor/garden lamps, spotlights, lampshade holders, lamp
    shades, chandeliers, neon lamps, lamp bases, light diffusers, sockets for electric lights; gas and electric cooking hobs or
    ranges; electric toasters, electric kettles; electric food warmers; electric roasters, electric tea and coffee machines for
    commercial and domestic use; electric coffee percolators for domestic use; refrigerators and freezers; hair driers, electric
    fans, air conditioners for domestic use; taps or faucets, saunas, sinks, showers, whirlpools; toilet bowls; humidifiers, dehumidifiers,
    electric vaporizers	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	2166353	6/16/1998	14: costume jewelry	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	2588723	7/2/2002	18: bags, purses,
    handbags	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	1012939	6/10/1975	18: luggage	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	2393797	10/10/2000	18: women's handbags,
    purses, pocketbooks and shopping bags	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	5317787	10/24/2017	20: Mirrors, cushions,
    pillows, keyboards for hanging keys, chairs, tables, benches, deck-chairs, armchairs; furniture being wall units; sofas, writing
    desks, wardrobes, cupboards, beds, shelves, chests of drawers, umbrella stands, tea carts, footstools, book cases, clothes
    hangers	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	USA	*H Heritage Licensing,
    LLC	(86929395)	(3/4/2016)	21: Hairbrushes, fitted
    vanity cases, comb cases, hair combs, household cleaning sponges, egg cups not of precious metals, serving spoons, slotted
    spoons, basting spoons, mixing spoons, bread boxes, cake servers, casseroles, cruet stands not of precious metals for oil
    and vinegar, pepper grinders, spice pots, sugar bowls, canister sets, pitchers, pots, vases, gravy boats, covers for dishes
    and pots, butter dishes, napkin holders, toothpick holders, non-electric kettles, non-electric coffee makers, plates, serving
    platters, saucepans, saucers, soup tureens, serving trays not of precious metals; decanters, bottle openers, cork screws,
    cups, jugs, bowls, mugs, drinking glasses, decorative glass boxes and plates, non-electric candelabras not of precious metals,
    candlesticks not of precious metals, flower pots and vases, glass vases, glass ornaments; vases, ornaments of china, crystal,
    glass, porcelain; statuettes, figurines and sculptures in crystal; table centerpieces being plates and vases of crystal, china,
    glass, porcelain, ceramic; drinking vessels, plates and dishes not of precious metals, empty bottles, coffee service not of
    precious metals, ceramic figurines; vases, ornaments, statuettes, figurines and sculptures in porcelain; pans and bowls in
    ceramics and terra cotta or earthenware; trays not of metal, namely, trays for domestic purposes, not of meta	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	USA	*H Heritage Licensing,
    LLC	(86901967)	(2/9/2016)	24: Fabrics for the
    manufacture of clothing articles and of furnishings, brocade, damask, flannel, fustian, taffeta, tulle, velvet, knitted fabrics,
    silk fabrics, woolen fabrics, linen fabrics, hemp yarn fabrics, ramie fabrics, rayon fabrics, synthetic fiber fabrics, felts,
    mixed fiber fabrics, mixed yarn fabrics, cotton fabrics, curtains, textile wall hangings, towels, bath linen, fabric table
    runners, cloth coasters, textile napkins, textile place mats, textile dish mats and carafe mats, table cloths not of paper,
    table linen, quilts, paper bed covers, bed blankets and sheets, down coverlets, bed linen, mattress covers, dishcloths, and
    fabric handkerchiefs	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	2226564	2/23/1999	25: belts	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	999713	12/17/1974	25: men’s suits
    and shirts	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	2492960	9/25/2001	25: shoes and boots	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	1002073	1/21/1975	25: women's hats, jackets, skirts, blouses, shirts,
        suits, pants suits, trousers, vests, capes, dresses, robes, pajamas, sweaters, shorts, caftans, coats, scarves, raincoats,
        rainhats and rainsuits

        42: retail clothing store services
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	USA	*H Heritage Licensing,
    LLC	5311765	10/17/2017	25: Women's intimate
    apparel, namely, camisoles, shapewear, namely, body suits and body shapers, body stockings, leotards and unitards, bed jackets
    and loungewear; slips	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	(86902358)	(2/9/2016)	27: Carpeting, door
    mats, rugs, carpet tiles, wallpaper	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	3621452	5/19/2009	35: On-line retail
    store services featuring apparel and related accessories; Retail store services featuring apparel and related accessories	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	4743905	5/26/2015	4: Candles	*Pending assignment
    recordal
	HALSTON	USA	*H Heritage Licensing,
    LLC	(86929433)	(3/4/2016)	43: Bar services,
    cafeterias, snack-bar, pubs, bar-restaurants, wine bars, self-service restaurants, restaurants, carry-out restaurants; restaurants
    featuring home delivery; delicatessen being restaurants; providing banquet and social function facilities for special occasions;
    food and drink catering; canteen services; cocktail lounges, dude ranches, food preparation; providing advice on wine and
    wine and food pairing being sommelier services; travel agency services in the form of reservation and booking of temporary
    lodging; providing and arranging temporary housing accommodation; tourist homes and tourist hostels, hotels, boarding houses,
    guest houses, farm houses as temporary lodging; resort lodging services, hotel services for preferred customers, hotel reservation,
    retirement homes, rental of meeting rooms for social gatherings and meetings; providing conference rooms; pet boarding and
    day care services; providing food to needy persons as charitable services; rental of food service equipment; rental of table
    linen, rental of bar equipment; all the aforesaid being services for third parties	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	USA	*H Heritage Licensing,
    LLC	1103001	9/26/1978	9: eyeglass frames
    and parts thereof; sunglasses; and eyeglass and sunglass cases	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4552411	06/17/2014	18: Handbags, purses,
    pocketbooks, wallets, coin purses, credit card cases, tote bags, travel bags, all-purpose carrying bags, shopping bags of
    leather or imitations of leather, sport bags, back packs, billfolds, briefcases, carry cases for documents, coin holders in
    the nature of wallets	*Pending assignment
    recordal
	HALSTON H HERITAGE (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4530359	05/13/2014	25: Clothing, namely,
    tops, shirts, sweaters, sports shirts, blouses, pants, shorts, trousers, skirts, dresses, caftans, coats, jackets, vests,
    suits, pants suits, leisure suits, sport coats, blazers, outerwear, namely, coats made of fur or faux fur, sport shirts, knitwear,
    namely, jumpers, knitted skirts, knitted shirts, knitted leggings, knitted shorts, t-shirts, shirt-jackets, loungewear, footwear	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	USA	*H Heritage Licensing,
    LLC	4400905	09/10/2013	35: Retail store services
    in the field of clothing, underwear and lingerie, footwear, belts, handbags, purses, pocketbooks and shopping bags, luggage,
    small leather goods, eyewear, namely, eyeglass frames and their parts, sunglasses and eyeglass and sunglass cases, watches,
    and costume jewelry, fragrances	*Pending assignment
    recordal
	H
    BY HALSTON	USA - (US)	*H Heritage Licensing,
    LLC	5,530,515	07/31/2018	18:
    Leather and imitations of leather, and goods made of these materials and not included in other classes, namely, handbags,
    carrying cases, wallets, attaché cases, briefcases, tote bags, luggage, knapsacks, change purses, business and credit
    card cases and holders, pouches; all-purpose sports and athletic bags; beach, book, carry-on, duffel, diaper, gym, leather
    shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks; knapsacks; purses; garment bags for travel;
    satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not of paper or cardboard; tool bags sold empty;
    briefcases; briefcase-type portfolios; men's clutches; business cases; business card cases; business tote bags; calling and
    credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas; parasols; walking sticks;
    messenger bags, handbags, shopping tote bags, grocery tote bags	Registered

         

        Section 8 & 15 due 07/31/2023
        – 07/31/2024

         

        *Pending assignment recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON	Venezuela	*H Heritage Licensing,
    LLC	F078776	04/09/1975	16	*Pending assignment
    recordal
	HALSTON	Venezuela	*H Heritage Licensing,
    LLC	F078775	04/09/1975	22	*Pending assignment
    recordal
	HALSTON	Venezuela	*H Heritage Licensing,
    LLC	F078778	04/09/1975	22	*Pending assignment recordal

         

	HALSTON	Venezuela	*H Heritage Licensing,
    LLC	F078777	04/09/1975	26	*Pending assignment
    recordal
	HALSTON	Venezuela	*H Heritage Licensing,
    LLC	F085577	12/06/1977	39	*Pending assignment
    recordal
	HALSTON	Vietnam	*H Heritage Licensing,
    LLC	4-0200176-000	02/20/2013	18: Handbag; hand bags for women; wallet (pocket wallet);
        coin purse; credit card holder; business card case; key box made of leather or imitation leather; key ring made of leather
        or imitation leather; women's shopping bags; travel bags; multifunctional bag; sports bag; luggage (suitcase, chest, chest).

        25: Clothing, namely: overcoat of the body (especially
        women), shirt, sweater, sports shirt, gown (work wear), underpants shorts, trousers, skirts, dresses, lapels, jackets,
        vests, vests, suits, suits and pants, sports gowns, sleeveless blouses, tunic, indoor wear, swimwear, underwear, underwear,
        scarves, belts, gloves (costumes ), headgear, footwear.
	*Pending assignment
    recordal

    	 	 	 

     

    

 

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	HALSTON H HERITAGE (Stylized)

        
	Vietnam	*H Heritage Licensing,
    LLC	4-0220424-000	02/26/2014	18: Handbag; hand bags for women; small handbag; wallet
        (pocket wallet); coin purse; credit card holder; business card case; key box made of leather or imitation leather; key
        ring made of leather or imitation leather; women's shopping bags; travel bags; multifunctional bag; shopping bags; sports
        bag; backpack; luggage (suitcases, trunks, trunks); briefcase documents; coin holder (money box); purse (not inside);
        makeup bag (not included)

        24: Cloth handkerchiefs

        25: Clothing, namely: overcoat of the body (especially
        women), shirt, sweater, sports shirt, gown (work wear), underpants skirts, shorts, skirts, dresses, sports gowns, blazers
        (usually with a logo attached to an organization), outer coats, knitwear (outerwear), short sleeves, denim clothing, robes
        hand-made, t-shirts, indoor clothing, women's underwear, swimwear, underclothes, nightwear, bathing gowns, outer gowns;
        scarf, belt (costume), gloves (costume); knitwear, headgear, leggings, ties

        35: Retail and retail services for clothing, underwear,
        underwear, footwear, belts, handbags, women's handbags, handbags small arms, shopping bags, luggage, small leather goods,
        spectacles, spectacle frames and parts thereof, eyeglasses, sunglasses, eyeglass cases and sunglasses and accessories,
        eyeglasses namely straps, neck strap and headband keep eyeglasses on the wearer while in motion, watches; jewelry; fragrances,
        bed linen, bathroom curtains, towels, kitchen linen, tablecloths, window blinds, carpets, furniture, candles
	*Pending assignment
    recordal

 

    	 	 	 

     

    

  

18.       H
Licensing, LLC

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	H
    HALSTON	Canada - (CA)	*H Licensing, LLC	(1734835)	(06/26/2015) 	Eyewear;
    eyeglasses; sunglasses; lenses for sunglasses; eyeglass frames; sunglass frames; opera glasses; reading glasses; spectacles;
    eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps; eyeglass, sunglass and spectacle chains;
    related accessories, namely, hard cases for eyewear, soft pouches for eyewear and lens cloths; parts and fittings for eyeglasses,
    sunglasses and spectacles. Timepieces; women's and men's cuff bracelets; costume jewelry; jewelry. Leather and imitations
    of leather, and goods made of these materials and not included in other classes, namely, handbags, carrying cases, wallets,
    attaché cases, briefcases, tote bags, luggage, knapsacks, change purses, business and credit card cases and holders,
    pouches; all-purpose sports and athletic bags; beach, book, carry-on, duffel, diaper, gym, leather shopping, shoulder, tote
    and travel bags; fanny packs and waist packs; backpacks; knapsacks; purses; garment bags for travel; satchels; luggage; luggage
    tags; trunks; suitcases; hat boxes for travel not of paper or cardboard; tool bags sold empty; briefcases; briefcase-type
    portfolios; men's clutches; business cases; business card cases; business tote bags; calling and credit card cases; key cases;
    leather key chains; wallets; banknote holders; billfolds; umbrellas; parasols; walking sticks; messenger bags, handbags, shopping
    tote bags, grocery tote bags. Clothing, namely, belts, jackets, gloves, dresses, coats, sweaters, tights, leggings, socks,
    knee highs, shirts, suits, pants, slacks, trousers, gowns, jumpsuits, blouses, skirts, hosiery, panty hose stockings, jeans,
    shorts, sweaters, sweatshirts, hooded shirts and sweatshirts, vests, t-shirts, overalls, swimsuits, underwear briefs and tops,
    bras and panties, lingerie, slips, camisoles, hosiery, shape wear, namely, girdles, body shapers, bodysuits, sleepwear and
    loungewear; knit bottoms, tops, and trousers; woven bottoms, tops, and trousers; wedding gowns; aprons; bibs of cloth for
    children; bridal apparel and accessories, namely, bridal gowns and bridesmaid dresses; children's and infant's apparel, namely,
    pants, shirts, t-shirts, skirts, dresses, coats, jackets, sweaters and socks ; neckwear; footwear; headwear	Filed

         

        Declaration of Use Due 06/26/2019

         

        *Pending assignment recordal

    	 	 	 

     

    

 

	H
    HALSTON	European Union Trademark
    - (EM)	H Licensing, LLC 	14,342,562	12/17/2015 	9: Eyewear; eyeglasses; sunglasses;
        lenses for sunglasses; eyeglass frames; sunglass frames; opera glasses; reading glasses; spectacles; eyeglass, sunglass
        and spectacle cases; eyeglass, sunglass and spectacle straps; eyeglass, sunglass and spectacle chains; related accessories,
        namely, hard cases for eyewear and soft pouches for eyewear; parts and fittings for eyeglasses, sunglasses and spectacles

         

        14: Timepieces; women's and men's
        cuff bracelets; costume jewelry; jewelry

         

        18: Leather and imitations of leather,
        and goods made of these materials and not included in other classes, namely, bags, handbags, carrying cases, wallets,
        attaché cases, briefcases, tote bags, luggage, knapsacks, change purses, business and credit card cases and holders,
        and pouches; bags; all-purpose sports and athletic bags; beach, book, carry-on, duffel, diaper, gym, leather shopping,
        shoulder, tote and travel bags; fanny packs and waist packs; backpacks; knapsacks; purses; garment bags for travel; satchels;
        luggage; luggage tags; trunks; suitcases; hat boxes for travel not of paper or cardboard; tool bags sold empty; briefcases;
        briefcase-type portfolios; men's clutches; business cases; business card cases; business tote bags; calling and credit
        card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas; parasols; walking sticks;
        messenger bags; handbags; shopping tote bags; grocery tote bags

         

        25: Clothing; belts [clothing];
        jackets; gloves; dresses; coats; sweaters; tights; leggings; socks; knee high socks and tights; shirts; suits; pants;
        slacks; trousers; gowns; jumpsuits; blouses; skirts; hosiery; panty hose stockings; jeans; shorts; sweaters; sweatshirts;
        hooded shirts and sweatshirts; vests; waistcoats; t-shirts; overalls; swimwear; swimsuits; underwear; briefs; tops; bras;
        panties; lingerie; slips; camisoles; hosiery; shapewear; girdles; body shapers; bodysuits; sleepwear; loungewear; knit
        bottoms, tops and trousers; woven bottoms, tops and trousers; wedding gowns; aprons; bibs of cloth for children; bridal
        apparel; bridal gowns; bridesmaid dresses; children's and infants' apparel; neckwear; footwear; headgear
	Registered

         

        Renewal due 07/07/2024 –
        07/07/2025

    	 	 	 

     

    

 

	 	 	 	 	 	 	 
	H
    BY HALSTON 	USA - (US)	H Licensing, LLC 	5,082,664	11/15/2016	14:
    jewelry, watches	Registered

         

        8 & 15 due 11/15/2021 –
        11/15/2022

         

	H
    BY HALSTON	USA - (US)	H Licensing, LLC 	5,082,749	11/15/2016 	14:
    Timepieces; women's and men's cuff bracelets; costume jewelry; jewelry	Registered

         

        Renewal due 11/15/2021 –
        11/15/2022

    	 	 	 

     

    

 

	H
    BY HALSTON 	USA - (US)	H Licensing, LLC 	4,085,186	01/10/2012 	18:
    Handbags; wallets, tote bags; travel bags; all-purpose carrying bags; sports bags; women's handbags, purses, pocketbooks;
    leather shopping bags; textile shopping bags	Registered

         

        8 & 9 Renewal due between 01/10/2021
        – 01/10/2022

	H
    BY HALSTON	USA - (US)	H Licensing, LLC	5,464,844	05/08/2018	25:
    Clothing, namely, leggings, jumpsuits, knit bottoms; footwear	Registered

         

        Section 8 & 15 Declaration
        due 05/08/2023 – 05/08/2024

         

	H
    BY HALSTON 	USA - (US)	H Licensing, LLC 	3,948,842	04/19/2011 	25:
    footwear	Registered

         

        Renewal due 04/19/2020 –
        04/19/2021

         

	H
    BY HALSTON	USA - (US)	H Licensing, LLC 	5,088,541	11/22/2016 	25:
    Clothing, namely, belts, jackets, dresses, coats, sweaters, shirts, pants, slacks, trousers, blouses, skirts, shorts, sweaters,
    vests, t-shirts, loungewear; knit tops; neckwear; headwear.	Registered

         

        8 & 15 due 11/22/2021 –
        11/22/2022

	H
    BY HALSTON	USA - (US)

         
	H LICENSING, LLC	(87/905,378)	(05/03/2018)	18:
    Garment bags for travel; luggage; luggage tags; trunks; suitcases; hat boxes for travel not of paper or cardboard; tool bags
    sold empty; briefcases; briefcase-type portfolios; men's clutches; business cases; business card cases; calling and credit
    card cases; key cases; leather key chains; banknote holders; billfolds; umbrellas; parasols; walking sticks; shopping tote
    bags, grocery tote bags	Filed

         

        Published for opposition 12/18/2018

	H
    HALSTON 	USA - (US)

         
	H Licensing, LLC	5,464,842	05/08/2018	9:
    Eyewear; sunglasses; lenses for sunglasses; sunglass frames; eyeglass, sunglass and spectacle cases; related accessories,
    namely, hard cases for eyewear, soft pouches for eyewear and lens cloths; parts and fittings for eyeglasses, sunglasses and
    spectacles	Registered

         

        Section 8 & 15 Declaration
        due between 05/08/2023 – 05/08/2024

    	 	 	 

     

    

 

	H
    HALSTON 	USA - (US)	H Licensing, LLC	5,464,843	05/08/2018	14:
    Women's cuff bracelets; costume jewelry; jewelry	Registered

         

        Section 8 & 15 Declaration
        due between 05/08/2023 – 05/08/2024

         

	H
    HALSTON 	USA - (US)	H Licensing, LLC	5,448,798	04/17/2018	18:
    Leather and imitations of leather, and goods made of these materials and not included in other classes, namely, handbags,
    carrying cases, wallets, tote bags, knapsacks, change purses, pouches; book, carry-on, leather shopping, shoulder, tote and
    travel bags; backpacks; knapsacks; purses; satchels; business tote bags; wallets; messenger bags, handbags	Registered

         

        Section 8 & 15 Declaration
        due between 04/17/2023 – 04/17/2024

	H
    HALSTON 	USA - (US)	H Licensing, LLC	5,448,799	04/17/2018	25:
    Clothing, namely, jackets, dresses, coats, sweaters, shirts, suits, pants, slacks, trousers, gowns, jumpsuits, blouses, skirts,
    t-shirts, slips, camisoles, sleepwear and loungewear; knit tops; woven bottoms, tops, and trousers; wedding gowns; bridal
    apparel and accessories, namely, bridal gowns and bridesmaid dresses; neckwear; footwear	Registered

         

        Section 8 & 15 Declaration
        due between 04/17/2023 – 04/17/2024

         

	H
    BY HALSTON	USA – (US)	H Licensing, LLC	5,102,114	12/13/2016	9:
    Eyewear; Sunglasses; Cases for eyeglasses and sunglasses	Registered

         

        8 & 15 due 12/13/2021 –
        12/13/2022

    	 	 	 

     

    

 

	H
    BY HALSTON	USA – (US)	H Licensing, LLC	5,106,671	12/20/2016	9:
    Eyewear; eyeglasses; sunglasses; spectacles; eyeglass, sunglass and spectacle cases	Registered

         

        8 & 15 due 12/20/2021 –
        12/20/2022

	H
    BY HALSTON	USA – (US)	H Licensing, LLC	5,102,115	12/13/2016	25:
    Tops; Shirts; Sweaters; Blouses; Bottoms; Pants; Shorts; Trousers; Skirts; Dresses; Caftans; Coats; Jackets; Vests; Blazers;
    Outerwear, namely, coats made of fur or faux fur; Knitwear, namely, jumpers, knitted skirts, knitted leggings, knitted shorts;
    T-shirts; Shirt-jackets; Loungewear; Headwear; Scarves; Belts	Registered

         

        8 & 15 due 12/13/2021 –
        12/13/2022

         

  

19.       IM
Brands, LLC:

	Mark	Country

    (Sorted ↓)	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	IMNYC	Canada - (CA)	IM Brands, LLC	(1740253)	(08/04/2015) 	dresses;
    sportswear; denim; handbags; footwear; watches, eyewear	Filed

         

        Declaration of Use Extension of
        Time Request due 08/04/2019

         

	ISAAC
    MIZRAHI	Canada - (CA)	IM Brands, LLC	(622158-01)	(03/21/2012) 	Eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, parts and fittings included in this class for all the aforesaid
        goods

         

        Leather and imitations of leather,
        and goods made of these materials and not included in other classes; all-purpose sports and athletic bags; beach, book,
        carry-on, duffel, diaper, gym, leather shopping, shoulder, tote, shopping, grocery, and travel bags; fanny packs and waist
        packs; backpacks; knapsacks; messenger bags; cross-body and flat bags; purses; garment bags for travel; diaper bags; satchels;
        luggage; luggage tags; travel bags and related/matching cosmetic bags and cases; trunks; suitcases; hat boxes for travel
        not of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases sold empty; tool bags sold empty;
        attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches; business cases; business
        card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas;
        parasols; walking sticks

         

        Thermally insulated bags, including
        lunch bags, cooler bags, and tote bags; insulated water bottles; hydration products including water bottles

         

        Diaper changing mat/pad

         
	Filed

         

        Declaration of Use Extension of
        Time Request due 05/18/2019

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI 	Canada - (CA)	IM Brands, LLC	TMA419,374	11/12/1993 	Clothing,
    namely suits, coats, jackets, pants, slacks, trousers, dresses, gowns, jumpsuits, blouses, skirts, hosiery, panty hose, tights,
    stockings, jeans, shorts, shirts, sweaters, vests, t-shirts, overalls, swimsuits, socks, underwear briefs and tops, bras and
    panties, lingerie, hats, scarves and gloves	Registered

         

        Renewal due 11/12/2022 –
        11/12/2023

    	 	 	 

     

    

 

	ISAACMIZRAHILIVE	Canada - (CA)	IM Brands, LLC	TMA939,610	06/02/2016 	Apparel,
    namely, suits, coats, jackets, pants, slacks, trouser, dresses, gowns, jumpsuits, blouses, skirts, hosiery, panty hose, tights,
    stockings, jeans, shorts, shirts, sweaters, vests, t-shirts, overalls, swimsuits, socks, underwear briefs and tops, bras and
    panties, lingerie, hats, scarves and gloves; footwear, namely, hosiery, shoes, boots, pumps, slippers and sandals; handbags,
    watches, eyewear, namely, eyeglasses, contact lenses, eyeglass frames, sunglasses; belts, scarves	Registered

         

        Renewal due 06/02/2030 –
        06/02/2031

	ISAAC
    MIZRAHI	Chile - (CL)	IM Brands, LLC	1,063,881	12/17/2013 	9: eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, parts and fittings included in this class for all the aforesaid
        goods

         

        18: leather and imitations of leather,
        and goods made of these materials and not included in other classes; all-purpose sports and athletic bags; beach, book,
        carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks;
        knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not
        of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases sold empty; tool bags sold empty;
        attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches; business cases; business
        card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas;
        parasols; walking sticks

         

        25: clothing, footwear, headgear
	Registered

         

        Renewal due 12/17/2022 –
        12/17/2023

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	China – (CN)	IM Brands, LLC	(1122994)	(05/15/2012)	9: Eye glass frames and sunglasses

         

        18: Leather goods, namely, hand
        bags, attaché cases, briefcases, tote bags, luggage, knapsacks, wallets, change purses, business and credit card
        cases

         

        25: Clothing, namely, jeans, parkas,
        belts, hosiery, and leggings; footwear, shoes, sandals, and boots; clothing, namely, bathing suits, boots, coats, dresses,
        jackets, jeans, jumpsuits, leggings, pants, parkas, sandals, shirts, shoes, shorts, skirts, suits, sweaters, T-shirts
        and vests
	Filed

         

         

	TRUE
    ISAAC MIZRAHI	China – (CN)	IM Brands, LLC	(1,355,968)	(05/23/2017)	3:
    Skin care cosmetics; color cosmetics; nail polish; cosmetics, namely, cleansers, moisturizers, face tonics, face masks, gels,
    oil, creams, face powder, foundation, blushers, mascara, eye shadow, eyeliner, eye makeup remover, lipstick, lip pencil, nail
    enamel, and nail care preparations 	Pending
	ISAAC
    MIZRAHI	China P.R. - (CN)	IM Brands, LLC	20642264A	10/07/2017	3:
    Disinfectant soap; Cakes of toilet soap; The cleansing lotion, bath lotion, care hair element, Hair lotions, Shampoos, Deodorant
    soap, Cleaning preparations, Polishing preparations, Grinding preparations, Whitening the skin (Cream for -), Make-up powder,
    Pencils (Cosmetic -), Mascara, Eyelashes (Cosmetic preparations for -), eye shadow, Talcum powder, for toilet use, After-shave
    lotions, Skin care (Cosmetic preparations for -), Creams (Cosmetic -), Lotions for cosmetic purposes, Oils for cosmetic purposes,
    Oils for toilet purposes, The medical massage gel, Complete set of cosmetics, Varnish (Nail -), Colorants for toilet purposes,
    Dyes (Cosmetic -), Make-up preparations, Make-up, Waving preparations for the hair, hair oil, Hair spray, Hair straightening
    preparations, Perfumes, Make-up removing preparations, Nail polish, Nail care preparations, Lipsticks, Lip Gloss, Dentifrices,
    Dry flower petals and spices (SPICE), Cosmetics for animals, Air fragrance agent	Registered

         

        Renewal due 10/06/2027

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	China P.R. - (CN)	IM Brands, LLC	1,122,994	05/15/2012	18:
    Leather goods, namely, hand bags, attaché cases, briefcases, tote bags, luggage, knapsacks, wallets, change purses,
    business and credit card cases	Registered

         

        Renewal due: 05/15/2021 –
        05/15/2022

	ISAAC
    MIZRAHI	China P.R. –
    (CN)	IM Brands, LLC	20,642,264	04/28/2018	3:
    massage gels other than for medical purposes; disinfectant soap; oils for toilet purposes; oils for cosmetic purposes; cakes
    of toilet soap; cleansing milk for toilet purposes; lotions for cosmetic purposes; cosmetic creams; bath lotion; deodorant
    soap; cosmetic preparations for skin care; after-shave lotions; talcum powder, for toilet use; perfume; shampoos; hair lotions;
    hair conditioners; hair straightening preparations; hair spray; scalp pomade; waving preparations for the hair; make up; cosmetics;
    cosmetic dyes; colorants for toilet purposes; nail polish; cosmetic kits; skin whitening creams; make-up powder; cosmetic
    pencils; mascara; cosmetic preparations for eyelashes; eye shadow paste; make-up removing preparations; nail varnish; nail
    care preparations; lipsticks; lip glosses; cleaning preparations; polishing preparations; grinding preparations; denifrices;
    cosmetics for animals	Registered

         

        Renewal due 04/27/2027 –
        04/27/2028

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	China P.R. –
    (CN)	IM Brands, LLC	19,035,556	03/07/2017	14:
    alloys of precious metal, jewelry with gift, ring (jewelry), earrings, agates, precious stones, necklace (jewelry), jewelry
    accessories, jade carving jewelry, wristwatches	Registered

         

        Renewal due 03/06/2026 –
        03/06/2027

         

	IMNYC	European Union Trademark
    - (EM)	IM Brands, LLC	14,481,642	12/10/2015 	9: eyewear; sunglasses; spectacles;
        glasses cases

         

        14: watches; jewelry; imitation
        jewelry; bracelets, necklaces and earrings; cufflinks and tie pins

         

        18: bags; luggage; leather belts;
        toiletry bags; rucksacks; backpacks; sports bags; beach bags; travel bags; luggage; handbags; shoulder bags; tote bags;
        wallets; purses; goods made of leather and /or imitations of leather, namely bags, luggage, belts, toiletry bags, rucksacks,
        backpacks, sports bags, beach bags, travel bags, handbags, shoulder bags, tote bags, wallets, purses

         

        25: clothing; dresses; sportswear;
        footwear; headgear; clothing, headgear and footwear made of denim

         
	Registered

         

        Renewal due 08/17/2024 –
        08/17/2025

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	European Union Trademark
    - (EM)	Im Ready-Made, LLC
    	5,248,638	07/20/2007 	9: Eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, parts and fittings included in this class for all the aforesaid
        goods

         

        18: Leather and imitations of leather,
        and goods made of these materials and not included in other classes; all-purpose sports and athletic bags; beach, book,
        carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks;
        knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not
        of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases sold empty; tool bags sold empty;
        attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches; business cases; business
        card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas;
        parasols; walking sticks

         

        25: Clothing, footwear, headgear
	Registered

         

        Renewal due 08/31/2025 –
        08/31/2026

	ISAAC
    MIZRAHI	Hong Kong - (HK)	IM Brands, LLC	302,192,869	03/16/2012 	9: eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, parts and fittings included in this class for all the aforesaid
        goods

         

        18: leather and imitations of leather,
        and goods made of these materials and not included in other classes; all-purpose sports and athletic bags; beach, book,
        carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks;
        knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not
        of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases sold empty; tool bags sold empty;
        attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches; business cases; business
        card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas;
        parasols; walking sticks

         

        25: clothing, footwear, headgear
	Registered

         

        Renewal due 03/15/2021 –
        03/15/2022

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	International - (designating
    China, South Korea)	IM Brands, LLC	1,122,994	05/15/2012 	9: eye glass frames and sunglasses

         

        18: Leather goods, namely, hand
        bags, attaché cases, briefcases, tote bags, luggage, knapsacks, wallets, change purses, business and credit card
        cases

         

        25: Clothing, namely, jeans, parkas,
        belts, hosiery, and leggings; footwear, shoes, sandals, and boots
	Registered

         

        Renewal due 05/15/2021 –
        05/15/2022

	TRUE
    ISAAC MIZRAHI	International - (designating
    China, South Korea)	IM Brands, LLC	1,355,968	05/23/2017	3:
    Skin care cosmetics; color cosmetics; nail polish; cosmetics, namely, cleansers, moisturizers, face tonics, face masks, gels,
    oil, creams, face powder, foundation, blushers, mascara, eye shadow, eyeliner, eye makeup remover, lipstick, lip pencil, nail
    enamel, and nail care preparations 	Registered

         

        Renewal due 05/23/2026 –
        05/23/2027

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI 	Japan - (JP)	Isaac Mizrahi &
    Co., L.P. 	5,114,834	02/29/2008 	9: eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, parts and fittings included in this class for all the aforesaid
        goods

         

        18: leather and imitations of leather,
        and goods made of these materials and not included in other classes; all-purpose sports and athletic bags; beach, book,
        carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags; fanny packs and waist packs; backpacks;
        knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks; suitcases; hat boxes for travel not
        of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases sold empty; tool bags sold empty;
        attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches; business cases; business
        card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders; billfolds; umbrellas;
        parasols; walking sticks

         

        25: clothing, footwear, headgear
	Registered

         

        Renewal due 02/28/2027 –
        02/28/2028

	TRUE
    ISAAC MIZRAHI	Korea – (KR)
    	IM Brands, LLC	1,355,968	05/23/2017	3:
    Skin care cosmetics; color cosmetics; nail polish; cosmetics, namely, cleansers, moisturizers, face tonics, face masks, gels,
    oil, creams, face powder, foundation, blushers, mascara, eye shadow, eyeliner, eye makeup remover, lipstick, lip pencil, nail
    enamel, and nail care preparations 	Registered

         

        Renewal due 05/23/2026 –
        05/23/2027

    	 	 	 

     

    

 

	IMNYC	Mexico - (MX)	IM Brands, LLC	1,588,515	11/10/2015 	9:
    eyewear	Registered

         

        Renewal due 08/20/2024 –
        08/20/2025

	IMNYC	Mexico - (MX)	IM Brands, LLC	1,588,514	11/10/2015 	14:
    watches	Registered

         

        Renewal due 08/20/2024 –
        08/20/2025

	IMNYC	Mexico - (MX)	IM Brands, LLC	1,588,513	11/10/2015 	18:
    handbags	Registered

         

        Renewal due 08/20/2024 –
        08/20/2025

	IMNYC	Mexico - (MX)	IM Brands, LLC	1,588,512	11/10/2015 	25:
    dresses; sportswear; denim; footwear	Registered

         

        Renewal due 08/20/2024 –
        08/20/2025

	ISAAC
    MIZRAHI	Mexico - (MX)	IM Brands, LLC	1,400,102	09/26/2013 	9:
    glasses, glasses and sunglasses; lenses for the sun; frames lens, opera glasses, goggles [optical] lens cases, and goggles
    sunglasses, laces and belts for lenses, sunglasses and goggles; chains lens, sunglasses and goggles	Registered

         

        Renewal due 02/14/2021 –
        02/14/2022

	ISAAC
    MIZRAHI	Mexico - (MX)	IM Brands, LLC	1,400,101	09/26/2013 	18:
    leather and imitation leather, products thereof not included in other classes; bags multi sports and athletics, beach bags,
    book, hand, canvas, diaper, gym, shopping for skin for charged on the shoulder, and travel of asa; fanny and bags for hung
    on waist, backpacks, bags shoulder to hung, purses, garment, portfolios, travel bags, luggage identifiers; travel trunks,
    bags hand; leather travel milliners; tester for cosmetics, sold empty; cases sold empty toilet articles, bags sold empty tool;
    cases for papers, holder, holder briefcase type; cases for papers, mens handbags, backpacks business; cardcases (gut) for
    business cards; tarjetereos (gut) for telephone and credit cards, key cases, wallets, wallets, umbrellas, sun umbrellas, walking
    sticks	Registered

         

        Renewal due 02/14/2021 –
        02/14/2022

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	Mexico - (MX)	IM Brands, LLC	1,363,030	04/26/2013 	25:
    clothing, footwear, headgear	Registered

         

        Renewal due 02/14/2021 –
        02/14/2022

	ISAAC
    MIZRAHI	South Korea - (KR)	IM Brands, LLC	1,122,994	05/15/2012 	9: Eye glass frames and sunglasses

         

        18: Leather goods, namely, hand
        bags, attaché cases, briefcases, tote bags, luggage, knapsacks, wallets, change purses, business and credit card
        cases

         

        25: Clothing, namely, jeans, parkas,
        belts, hosiery, and leggings; footwear, shoes, sandals, and boots; clothing, namely, bathing suits, boots, coats, dresses,
        jackets, jeans, jumpsuits, leggings, pants, parkas, sandals, shirts, shoes, shorts, skirts, suits, sweaters, T-shirts
        and vests
	Registered

         

        Renewal due 05/15/2021 –
        05/15/2022

	ISAAC
    MIZRAHI 	South Korea - (KR)	IM Brands, LLC	40-1033071	04/15/2014 	18:
    hand bags; attached cases; briefcases; tote bags; traveling bags; cosmetic bags (sold empty); backpacks; change purposes of
    leather; business card cases; credit card cases	Registered

         

        Renewal due 04/15/2023 –
        04/15/2024

    	 	 	 

     

    

 

	FABULOUS
    ISAAC MIZRAHI	USA - (US)	IM Brands, LLC	4,502,577	03/25/2014	3:
    Shower gels; anti-bacterial soaps; anti-bacterial bath gels; body oils; perfumed bath and body soaps; skin cleansers; skin
    lotions and moisturizers; skin creams; fragrances and scented body lotions, shower gels, after shaves, deodorants for personal
    use, and body creams, skin cleansing creams and non-medicated skin creams; perfumed powders; potpourris; scented room and
    linen sprays; perfume	Registered

         

        8 & 15 due 3/25/2019 –
        3/25/2020

	HEALTHY
    GLAMOUR	USA - (US)

         
	IM Brands, LLC	4,852,016	11/10/2015 	3: skin care cosmetics; color cosmetics;
        nail polish; cosmetics, namely, cleansers, moisturizers, face tonics, face masks, gels, oil, creams, face powder, foundation,
        blushers, mascara, eye shadow, eyeliner, eye makeup remover, lipstick, lip pencil, nail enamel, and nail care preparations

         

        21: cosmetic brushes; Sponges used
        for applying make-up
	Registered

         

        8 & 15 due

         

        11/10/2020 – 11/10/2021

	I (Stylized)

        
	USA - (US)	IM Brands, LLC	4,463,250	01/07/2014 	9: Eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, namely, hard cases for eyewear, soft pouches for eyewear
        and lens cloths; parts and fittings for eyeglasses, sunglasses and spectacles

         

        18: Leather and imitations of leather,
        and goods made of these materials and not included in other classes, namely, handbags, carrying cases and wallets; all-purpose
        sports and athletic bags; beach, book, carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags;
        fanny packs and waist packs; backpacks; knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks;
        suitcases; hat boxes for travel not of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases
        sold empty; tool bags sold empty; attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches;
        business cases; business card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders;
        billfolds; umbrellas; parasols; walking sticks

         

        25: Clothing, namely, belts, jackets,
        gloves, dresses, coats, sweaters, tights, leggings, socks, shirts and neckties; footwear; headgear, namely, hats and caps
	Registered

         

        8 & 15 due 01/07/2019 –
        01/07/2020

    	 	 	 

     

    

 

	IM (Stylized)

         

        
	USA - (US)	IM Brands, LLC	(87/602,833)	(09/11/2017)	25:
    Women's Clothing, namely, suits, coats, jackets, pants, slacks, trousers, dresses, gowns, jumpsuits, blouses, skirts, hosiery,
    tights, stockings, jeans, shorts, shirts, sweaters, vests, t-shirts, overalls, swimsuits, socks and underwear in the nature
    of briefs and tops, bras and panties, lingerie, hats, scarves and gloves	Filed

         

        Notice of Allowance issued 03/20/2018;
        Statement of Use/Extension of Time Request due 03/20/2019

	IMNYC	USA - (US)	IM Brands, LLC	(86/725,010)	(08/14/2015) 	9: eyewear

         

        14: watches

         

        18: handbags
	Filed

         

        Statement of Use/Extension of Time
        Request due 02/02/2019

         

    	 	 	 

     

    

 

	IMNYC	USA - (US)	IM Brands, LLC	5,075,221	11/01/2016 	25:
    dresses; sportswear, namely, tops, knit tops, shirts, t-shirts, sweaters, sweatshirts, jackets, coats, bottoms, pants, skirts,
    tights, hats, caps; denim pants; denim jackets; footwear	Registered

         

        8 & 15 due 11/01/2021 –
        11/01/2022

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	4,426,305	10/29/2013 	3:
    Hair shampoos and conditioners, hair care preparations, hair sprays and hair gels, hair straightening preparations, hair styling
    preparations	Registered

         

        8 & 15 due 10/29/2018 –
        10/29/2019

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	4,769,284	07/07/2015 	3: Shower gels; anti-bacterial
        soaps; body oils; perfumed bath and body soaps; skin cleansers, lotions, moisturizers, and creams; fragrances and scented
        body lotions, shower gels, after shaves, body deodorants, face creams and body creams; perfumed powders; potpourris; scented
        room and linen sprays

         

        9: Battery chargers for use in
        cars; carrying cases, holders, protective cases and stands featuring power supply connectors, adaptors, speakers and battery
        charging devices, specially adapted for use with handheld electronic devices, namely, electronic readers, smart phones,
        tablets, and laptops; digital cameras; ear buds; eyewear; headphones; micro audio speakers; power supply connectors and
        adaptors for use with personal electronic devices, namely, electronic readers, smart phones, tablets, and laptops; protective
        covers specially adapted for personal electronic devices, namely, electronic readers, smart phones, tablets, and laptops;
        reading glasses; solar charging devices for portable electronics; blank USB flash drives; video recorders and camcorders

         

        14: Timepieces; women's and men's
        cuff bracelets

         

        18: Backpacks, knapsacks, business
        totes, tote bags, cross-body bags, namely, messenger bags and handbags, flat bags, namely, handbags, diaper bags, duffle
        bags, gym bags, handbags, luggage, messenger bags, shopping totes, grocery totes, tote bags, travel bags and matching
        cosmetic bags and cases sold empty; small leather goods, namely, key cases, pouches, and business and credit card holders
        in the nature of card cases; collars for pets; pet collar accessories, namely, bells, silencers, safety lights and blinkers,
        pendants, charms, and tags; pet products, namely, pet restraining devices consisting of leashes, collars, harnesses, restraining
        straps, and leashes with locking devices; pet leashes; leather leashes

         

        25: Aprons; bibs of cloth for children;
        bridal apparel and accessories, namely, bridal gowns and bridesmaid dresses; children's and infant's apparel, namely,
        pants, shirts, t-shirts, skirts, dresses, coats, jackets, sweaters and socks; footwear not for sports; men's and women's
        belts; men's dress shirts; men's neckwear; shapewear, namely, girdles, body shapers, bodysuits, lingerie, and hosiery;
        men's and women's sleepwear and loungewear; wedding gowns; women's day and evening dresses; women's footless and footed
        tights, stockings, leggings, knee highs, and hosiery; men's and women's hooded shirts and sweatshirts; women's intimate
        apparel, namely, bras, slips, camisoles, and panties; men's and women's jackets; men's and women's knit bottoms, tops,
        and trousers; men's and women's woven bottoms, tops, and trousers; men's and women's outerwear, namely, coats and jackets;
        men's and women's socks; men's and women's soft and tailored suits; men's and women's sweatshirts
	Registered

         

        8 & 15 due 07/07/2020 - 2021

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	4,276,052	01/15/2013 	3:
    Cosmetics; Cosmetics and make-up; Cosmetics in general, including perfumes	Registered

         

        8 & 15 due 01/15/2018 –
        01/15/2019

         

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	4,978,256	06/14/2016 	4: scented candles

         

        8: Flatware, namely, knives, forks,
        and spoons

         

        20: Pet beds; accent furniture;
        bath accessories, namely, shower curtain hooks; decorative pillows; hanging shoe and other closet hanging rack devices;
        picture frames; sleeping pillows; hard and soft storage boxes made of nylon or canvas

         

        21: Bakeware; bath accessories,
        namely, wastebaskets; cookware, namely, baking dishes, pots and pans; dinnerware, namely, plates, dessert plates, bowls,
        cereal bowls, soup bowls, salad bowls, mugs, saucers, wine glasses, water glasses, tea cups, serving bowls and serving
        platters; glassware for beverages; ironing board covers; lint rollers; napkin rings; paper towel holders; plates, bowls,
        cups, and serving platters made of melamine; thermally insulated bags and containers for food and beverage

         

        22: Laundry bags

         

        24: Bath accessories, namely, shower
        curtains; beach towels; bed sheets; blankets, namely, bed blankets, baby blankets and travel blankets; comforters; coverlets;
        duvet covers; pillowcases; throws

         

        27: rugs
	Registered

         

        8 & 15 due 06/14/2021- 06/14/2022

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	2,150,771	04/14/1998 	9: eye glass frames and sunglasses

         

        25: clothing, namely, bathing suits,
        boots, coats, dresses, jackets, jeans, jumpsuits, leggings, pants, parkas, sandals, shirts, shoes, shorts, skirts, suits,
        sweaters, T-shirts and vests
	Registered

         

        Renewal due 04/14/2027 –
        04/14/2028

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	3,938,988

         
	03/29/2011 	14:
    Costume jewelry; jewelry	Registered

         

        Renewal due 03/29/2020 –
        03/29/2021

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	3,293,902	09/18/2007 	18:
    Leather goods, namely, hand bags, attaché cases, briefcases, tote bags, luggage, knapsacks, wallets, change purses,
    business and credit card cases	Registered

         

        Renewal due 09/18/2026 –
        09/18/2027

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	3,293,901	09/18/2007 	25:
    Clothing, namely, jeans, parkas, belts, hosiery, and leggings; footwear, shoes, sandals, and boots	Registered

         

        Renewal due 09/18/2027 –
        09/18/2028

    	 	 	 

     

    

 

	ISAAC
    MIZRAHI	USA - (US)	IM Brands, LLC	3,942,020

         
	04/05/2011 	35:
    Retail store and on-line retail store services featuring apparel, accessories, fragrances and cosmetics	Registered

         

        Renewal due 04/05/2020 –
        04/05/2021

	ISAAC
    MIZRAHI CRAFT	USA - (US)	IM Brands, LLC	5,332,339	11/14/2017	23:
    yarn	Registered

         

        8 & 15 Due 11/14/2022 –
        11/14/2023

	ISAAC
    MIZRAHI JEANS	USA - (US)	IM Brands, LLC	(87/161536)	(09/06/2016) 	9: eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, namely, eyeglass cords, parts and fittings for eyewear

         

        18: Backpacks, knapsacks, business
        tote bags, tote bags, cross-body bags, namely, shoulder bags, flat bags, namely, garment bags for travel, diaper bags,
        duffle bags, gym bags, handbags, luggage, messenger bags, reusable shopping tote bags, reusable textile grocery tote bags,
        travel bags and matching cosmetic bags and cosmetic cases both sold empty; small leather goods, namely, key cases, pouches,
        and business card holder in the nature of card cases and credit card holders

         

        25: men's and women's clothing,
        namely, bathing suits, belts, coats, jackets, jeans, jumpsuits, pants, parkas, shirts, shorts, sleepwear and loungewear,
        suits, sweaters, t-shirts, vests, socks, sweatshirts, tops, trousers, bottoms, hooded shirts and sweatshirts; women's
        clothing, namely, dresses, hosiery, leggings, skirts, tights, knee highs, panty hose; women's intimate apparel, namely,
        bras, slips, camisoles, and panties; shapewear, namely, girdles, body shapers, bodysuits, lingerie, and hosiery; men's
        clothing, namely, dress shirts and neckwear; men's and women's footwear
	Filed

         

        Statement of Use/Extension of Time
        Request due 03/24/2019

    	 	 	 

     

    

 

	ISAAC MIZRAHI LIVE and Design

        
	USA - (US)	IM Brands, LLC	3,948,520	04/19/2011 	41:
    Entertainment in the nature of on-going television programs in the field of fashion, cooking, home care, entertaining, decorating,
    entertainment and human interest	Registered

         

        8 & 9 Renewal due 04/19/2020
        – 04/19/2021

	ISAAC
    MIZRAHI NEW YORK	USA - (US)	IM Brands, LLC	4,448,362	12/10/2013 	9: eyewear; eyeglasses; sunglasses;
        eyeglass frames; opera glasses; spectacles; eyeglass, sunglass and spectacle cases; eyeglass, sunglass and spectacle straps;
        eyeglass, sunglass and spectacle chains; related accessories, namely, hard cases for eyewear, soft pouches for eyewear
        and lens cloths; parts and fittings for eyeglasses, sunglasses and spectacles

         

        18: leather and imitations of leather,
        and goods made of these materials and not included in other classes, namely, handbags, carrying cases and wallets; all-purpose
        sports and athletic bags; beach, book, carry-on, duffel, diaper, gym, leather shopping, shoulder, tote and travel bags;
        fanny packs and waist packs; backpacks; knapsacks; purses; garment bags for travel; satchels; luggage; luggage tags; trunks;
        suitcases; hat boxes for travel not of paper or cardboard; cosmetic cases and bags sold empty; toiletry and vanity cases
        sold empty; tool bags sold empty; attaché cases; briefcases; briefcase-type portfolios; document cases; men's clutches;
        business cases; business card cases; calling and credit card cases; key cases; leather key chains; wallets; banknote holders;
        billfolds; umbrellas; parasols; walking sticks

         

        25: clothing, namely, belts, jackets,
        gloves, dresses, coats, sweaters, tights, leggings, socks, shirts and neckties; footwear; headgear, namely, hats and caps
	Registered

         

        8 & 15 due 12/10/2018 –
        12/10/2019

    	 	 	 

     

    

 

	ISAACMIZRAHILIVE	USA - (US)	IM Brands, LLC	4,370,592	07/23/2013 	18:
    clutch bags; Handbags, purses and wallets; Tote bags 	Registered

         

        8 & 15 due 07/23/2018 –
        07/23/2019

	ISAACMIZRAHILIVE	USA - (US)	IM Brands, LLC	4,079,210	01/03/2012 	24:
    Bath linen; Bed and table linen; Bed blankets; Bed covers; Bed skirts; Bed spreads; Bed throws; Dining linens; Household linen,
    including face towels; Table linen	Registered

         

        Renewal due 01/03/2021 –
        01/03/2022

         

	ISAACMIZRAHILIVE	USA - (US)	IM Brands, LLC	3,935,410	03/22/2011 	25:
    Belts for clothing; Blouses; Coats; Denim jackets; Denims; Dress suits; Dresses; Footwear; Gloves; Hats; Jeans; Lingerie;
    Nightwear; Pants; Scarves; Shirts; Shoes; Skirts; Sweaters; Swimwear; Wedding dresses	Registered

         

        Renewal due 03/22/2020 –
        03/22/2021

	ISAACMIZRAHILIVE	USA - (US)	IM Brands, LLC	4,079,221	01/03/2012 	35:
    On-line retail store services featuring clothing and shoes, home products, jewelry and accessories	Registered

         

        Renewal due 01/03/2021 –
        01/03/2022

         

    	 	 	 

     

    

 

	Miscellaneous Design

        
	USA - (US)	IM Brands, LLC	4,296,078	02/26/2013 	18:
    Handbags, purses and wallets; Luggage; tote bags	Registered

         

        8 & 15 due 02/26/2018 –
        02/26/2019

	Miscellaneous Design

        
	USA - (US)	IM Brands, LLC	3,354,162	12/11/2007 	18:
    Shoulder, tote and travel bags; purses; satchels	Registered

         

        Renewal due 12/11/2026 –
        12/11/2027

         

	Miscellaneous Design

        
	USA - (US)	IM Brands, LLC	3,931,846	03/15/2011 	25:
    Belts for clothing; Coats; Denims; Dress suits; Dresses; Fur coats; Men's and women's jackets, coats, trousers, vests; Pants;
    Shirts; Shoes; Skirts; T-shirts	Registered

         

        Renewal due 03/15/2020 –
        03/15/2021

	TRUE
    ISAAC MIZRAHI	USA - (US)	IM Brands, LLC	4,842,125	10/27/2015 	21:
    cosmetic brushes; Sponges used for applying make-up	Registered

         

        8 & 15 due 10/27/2020 –
        10/27/2021

         

	TRUE
    ISAAC MIZRAHI	USA - (US)	IM Brands, LLC	4,937,287	04/12/2016 	3:
    skin care cosmetics; color cosmetics; nail polish; cosmetics, namely, cleansers, moisturizers, face tonics, face masks, gels,
    oil, creams, face powder, foundation, blushers, mascara, eye shadow, eyeliner, eye makeup remover, lipstick, lip pencil, nail
    enamel, and nail care preparations	Registered

         

        8 & 15 due 04/12/2021 –
        04/12/2022

 

The
Beauty Solution, LLC: 

	Mark	Country	Owner	Registration

    No.

    (Application

    No.)	Registration

    Date

    (Application

    Date)	International Class +

    Goods/Services	Status 
	THE SOLUTION BY DR. STEPHEN GREENBERG, M.D.

         
	USA – (US)	The Beauty Solution,
    LLC	(86/867,410)	(01/06/2016)	3:
    Cosmetics and cosmetic preparations; Non-medicated skin care preparations	Filed

         

        Statement of Use/Extension of Time
        Request due 03/14/2019

 

    	 	 	 

     

    

  

Copyrights

 

	MarkName	Current

    Owner	Country	Status	Application

    Number	Application

    Date	Registration

    Number	Registration

    Date
	CWONDER
    PRINT 1	C Wonder Licensing,
    LLC	USA	REGISTERED	 	 	VAu 1-081-183	10/12/2011
	CWONDERPRINT	C Wonder Licensing,
    LLC	USA	REGISTERED	VAu 1-081-185	10/12/2011	VAu 1-081-185	10/12/2011
	CWONDERPRINT2	C Wonder Licensing,
    LLC	USA	REGISTERED	 	 	VAu 1-081-181	10/12/2011
	WHIMSY	C Wonder Licensing,
    LLC	USA	REGISTERED	 	 	VA 1-793-046	10/12/2011

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.15

 

ENVIRONMENTAL MATTERS

 

None.

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.16

 

INSURANCE

	 
XCEL
                                         BRANDS INC.
 SCHEDULE OF INSURANCE

                                                                                                                                                                

	COVERAGE	 	CARRIER	 	POLICY #	 	TERM	 	LIMITS	 	PREMIUM	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Package	 	Chubb	 	35956108	 	9/28/18-19	 	PROPERTY	 	 	 	 	$	26,426	 
	 	 	 	 	 	 	 	 	Personal Property	 	$	3,120,000	 	 	 	 
	 	 	 	 	 	 	 	 	Deductible	 	$	10,000	 	 	 	 
	 	 	 	 	 	 	 	 	Business Income/Extra Expense	 	$	2,008,000	 	 	 	 
	 	 	 	 	 	 	 	 	Waiting Period	 	 	24
                                         Hours	 	 	 	 
	 	 	 	 	 	 	 	 	Flood/Earthquake	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Deductible	 	$	50,000	 	 	 	 
	 	 	 	 	 	 	 	 	LIABILITY	 	 	 	 	 	included
                                         above	 
	 	 	 	 	 	 	 	 	General Aggregate	 	$	2,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Products completed operations	 	$	2,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Each Occurrence	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Personal Advertising	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Damage to Premises Rented	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Medical Expense	 	$	10,000	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Employment Benefits E&O	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Deductible	 	$	1,000	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Workers
 Compensation	 	Chubb	 	71743528	 	9/28/18-19	 	Employers Liability	 	$	1,000,000	 	$	15,299	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Automobile	 	Chubb	 	73570613	 	9/28/18-19	 	Combined Single Limit Non Owned & Hired	 	$	1,000,000	 	$	468	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Umbrella	 	Chubb	 	79877087	 	9/28/18-19	 	Each Occurrence	 	$	10,000,000	 	$	14,436	 
	 	 	 	 	 	 	 	 	Products Comp. Ops	 	$	10,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	General Aggregate	 	$	10,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Retained Limit	 	$	10,000	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Crime	 	Travelers	 	106398071	 	10/26/18-19	 	Employee theft or forgery	 	$	5,000,000	 	$	14,186	 
	 	 	 	 	 	 	 	 	Deductible	 	$	25,000	 	 	 	 
	 	 	 	 	 	 	 	 	Premises ($25,000 Deductible)	 	$	5,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Transit ($25,000 Deductible)	 	$	5,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Forgery ($25,000 Deductible)	 	$	5,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Computer Crime ($25,000 Deductible)	 	$	5,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	ERISA($25,000 Deductible)	 	$	5,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Money Orders ($25,000 Deductible)	 	$	5,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Social Engineering ($25,000 Deductible)	 	$	250,000	 	 	 	 
	 	 	 	 	 	 	 	 	Funds Transfer Fraud ($25,000 Deductible)	 	$	5,000,000	 	 	 	 

 

 

This schedule is intended to be a summary
only.

For full coverage terms conditions and exclusions, reference should be made to the actual policies

 

    	 	 	 

     

    

 

	XCEL BRANDS
                                         INC.
 SCHEDULE OF INSURANCE

                                                                           

	COVERAGE	 	CARRIER	 	POLICY #	 	TERM	 	LIMITS	 	PREMIUM	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Directors & Officers
 Liability	 	Illinois National	 	25651309	 	10/26/18-19	 	Directors & Officers:	 	$	5,000,000	 	$	114,500	 
	 	 	 	 	 	 	 	 	Retention:	 	$	250,000	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Excess D&O	 	Axis	 	MNN783966012018	 	10/26/18-19	 	Limit of Liability – Excess	 	$	5,000,000	 	$	38,560	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Excess D&O	 	Travelers	 	106823243	 	10/26/18-19	 	Limit of Liability - Excess	 	$	5,000,000	 	$	57,500	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SIDE
                                         A
 Directors
                                         and Officers
	 	Chubb/ACE	 	G27917288004	 	10/26/18-19	 	Limit of Liability	 	$	5,000,000	 	$	36,360	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Employment Practices
 Liability	 	Travelers	 	107001365	 	10/26/18-19	 	Limit of Liability	 	$	3,000,000	 	$	14,692	 
	 	 	 	 	 	 	 	 	Retention	 	$	50,000	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Cyber Security	 	Allied World	 	3083736	 	5/20/18 to 05/20/19	 	Policy Aggregate	 	$	1,000,000	 	$	3,705	 
	 	 	 	 	 	 	 	 	Privacy and Network Security Limit	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Notification and Credit Monitoring	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Crisis Management	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Retention	 	$	10,000	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Ocean Cargo	 	RLI	 	CAR0100918	 	7/11/18 to 7/11/19	 	Vessel/Air	 	$	1,000,000	 	 	 	 
	 	 	 	 	 	 	 	 	Domestic	 	$	500,000	 	$	4,718	 
	 	 	 	 	 	 	 	 	Mail	 	$	5,000	 	 	 	 
	 	 	 	 	 	 	 	 	Express Carrier	 	$	25,000	 	 	 	 
	 	 	 	 	 	 	 	 	Deductible	 	$	1,000	 	 	 	 

 

For full coverage terms conditions and
exclusions, reference should be made to the actual policies

 

    	 	 	 

     

    

 

	XCEL
                                         BRANDS INC.
 SCHEDULE
                                         OF INSURANCE
  

	COVERAGE	 	CARRIER	 	POLICY #	 	TERM	 	LIMITS	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Package	 	Chubb	 	35956108	 	9/28/16-17	 	PROPERTY	 	 	 	 
	 	 	 	 	 	 	 	 	Personal Property	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Deductible	 	$	10,000	 
	 	 	 	 	 	 	 	 	Business Income/Extra Expense	 	$	2,000,000	 
	 	 	 	 	 	 	 	 	Waiting Period	 	 	24
                                         Hours	 
	 	 	 	 	 	 	 	 	Flood/Earthquake	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Deductible	 	$	50,000	 
	 	 	 	 	 	 	 	 	LIABILITY	 	 	 	 
	 	 	 	 	 	 	 	 	General Aggregate	 	$	2,000,000	 
	 	 	 	 	 	 	 	 	Products completed operations	 	$	2,000,000	 
	 	 	 	 	 	 	 	 	Each Occurrence	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Personal Advertising	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Damage to Premises Rented	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Medical Expense	 	$	10,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Employment Benefits E&O	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Deductible	 	$	1,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Workers
 Compensation	 	Chubb	 	71743528	 	9/28/16-17	 	Employers Liability	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Automobile	 	Chubb	 	73570613	 	9/28/16-17	 	Combined Single Limit
 Non Owned & Hired	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Umbrella	 	Chubb	 	79877087	 	9/28/16-17	 	Each Occurrence	 	$	10,000,000	 
	 	 	 	 	 	 	 	 	Products Comp. Ops	 	$	10,000,000	 
	 	 	 	 	 	 	 	 	General Aggregate	 	$	10,000,000	 
	 	 	 	 	 	 	 	 	Retained Limit	 	$	10,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Crime	 	Travelers	 	106398071	 	10/26/16-17	 	Employee theft or forgery	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Deductible	 	$	25,000	 
	 	 	 	 	 	 	 	 	Premises ($25,000 Deductible)	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Transit ($25,000 Deductible)	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Forgery ($25,000 Deductible)	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Computer Crime ($25,000 Deductible)	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	ERISA($25,000 Deductible)	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Money Orders ($25,000 Deductible)	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	Social Engineering ($25,000 Deductible)	 	$	250,000	 
	 	 	 	 	 	 	 	 	Funds Transfer Fraud ($25,000 Deductible)	 	$	5,000,000	 

 

This schedule is intended to be a summary
only.

For full coverage terms conditions and exclusions, reference should be made to the actual policies

 

    	 	 	 

     

    

 

	XCEL
                                         BRANDS INC.
 SCHEDULE
                                         OF INSURANCE
  

	COVERAGE	 	CARRIER	 	POLICY #	 	TERM	 	LIMITS	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Directors & Officers
 Liability	 	Illinois National	 	20008220	 	10/26/16-17	 	Directors & Officers:	 	$	7,500,000	 
	 	 	 	 	 	 	 	 	Retention:	 	$	250,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Excess D&O	 	Axis	 	MNN783966012015	 	10/26/16-17	 	Limit of Liability – Excess	 	$	7,500,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	SIDE
                                         A
 DIRECTORS
                                         & OFFICERS
	 	Chubb/ACE	 	G27917288001	 	10/26/16-17	 	Limit of Liability	 	$	5,000,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Employment Practices
 Liability	 	National Union	 	17394633	 	10/26/16-17	 	Limit of Liability	 	$	3,000,000	 
	 	 	 	 	 	 	 	 	Retention	 	$	35,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Cyber Security	 	Allied World	 	3083736	 	5/20/16-17	 	Policy Aggregate	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Privacy and Network Security Limit	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Notification and Credit Monitoring	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Crisis Management	 	$	1,000,000	 
	 	 	 	 	 	 	 	 	Retention	 	$	10,000	 

 

This schedule is intended to be a summary
only.

For full coverage terms conditions and exclusions, reference should be made to the actual policies

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 7.17

 

DEPOSIT AND DISBURSEMENT ACCOUNTS

 

	Company	Bank	Type	Address	Bank

        Contact

        Name
	Bank Contact

        Info
	Account Number
	JR
    Licensing, LLC	Bank Hapoalim	Depository Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01084888-01

         

	JR
    Licensing, LLC	Bank Hapoalim	Advertising Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01085034-01

         

	Xcel
    Design Group, LLC	Bank Hapoalim	Depository Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01-08998601

         

	Xcel
    Brands, Inc.	Bank Hapoalim	Checking Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01082890-01

         

	IM
    Brands, LLC	Bank Hapoalim	Checking Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01082916-01

         

	IM
    Brands, LLC	Bank Hapoalim	Advertising Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01082924-01

         

	IM
    Brands, LLC	Bank Hapoalim	MMA Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01082916-03

         

	Xcel
    Brands, Inc.	Bank Hapoalim	Payroll Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01082908-01

         

	Xcel
    Brands, Inc.	Bank Hapoalim	MMA Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01082890-03

         

	H
    Licensing, LLC	Bank Hapoalim	Depository Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01087717-01

         

	H
    Licensing, LLC	Bank Hapoalim	Advertising Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01087725-01

         

	C
    Wonder Licensing, LLC	Bank Hapoalim	Checking Account	1177 Avenue of the Americas

        New York, NY 10036
	Tomas
    Kollar	212-782-2208

        tkollar@bhiusa.com
	01089986-01

         

	Xcel
    Brands, Inc. O/A	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-4365-3316
	Xcel
    Brands, Inc. PR/A	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-4365-3303
	Xcel
    Brands, Inc. Mrkt/A	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-4365-3293
	Judith
    Ripka Fine Jewelry, LLC ecom	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-4365-3280
	Xcel
    Design Group, LLC O/A	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-4365-3329
	Judith
    Ripka Fine Jewelry, LLC O/A	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-6596-9570
	Xcel-CT
    MFG, LLC	B of A	Checking Account	One Bryant Park. 36th
    Fl, New York, NY 10036	Mathew
    Treem	646 743 0774	4830-6597-0983
	Judith Ripka Fine Jewelry, LLC

         
	Chase	Checking Account	1 E Ohio St

        Indianapolis, IN 46206
	Edward
    Riha	877-899-4082

        Cb.service.center.northeast@chase.com
	575952085

         

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 9(b)

 

INDEBTEDNESS

 

		1.	Promissory Note dated September
                                         29, 2011 by and between Xcel Brands, Inc. and IM Ready-Made, LLC in the original principal
                                         amount of $7,377,432.00, and with a current balance of $745,854 (Balance due of $750,000
                                         on 3/31/2019).

 

		2.	Promissory Note dated December
                                         03, 2014 by and between Xcel Brands, Inc. and Judith Ripka in the principal amount of
                                         $600,000.00 and with a current balance of $600,000.00.

 

    	 	 	 

     

    

 

DISCLOSURE SCHEDULE 9(e)

 

PERMITTED LIENS

 

		1.	Cash collateral in the amount
                                         of $1,108,724.90 securing a letter of credit issued by Bank Hapoalim B.M. New York to
                                         GBG USA Inc.Exhibit

EXHIBIT 10.20

ASSET PURCHASE AGREEMENT 
between 
VERISIGN, INC.,
as the Seller
and
NEUSTAR, INC.,
as the Buyer
Dated as of October 24, 2018

1

TABLE OF CONTENTS
Page

	
			
	ARTICLE I DEFINITIONS
	1

	Section 1.1
	Certain Defined Terms
	1

	Section 1.2
	Other Definitions
	6

	ARTICLE II PURCHASE AND SALE
	6

	Section 2.1
	Purchase and Sale of Assets
	6

	Section 2.2
	Excluded Assets
	6

	Section 2.3
	Assumed Liabilities
	8

	Section 2.4
	Excluded Liabilities
	8

	Section 2.5
	Consents to Certain Assignments
	9

	Section 2.6
	Closing
	11

	Section 2.7
	Reserved
	11

	Section 2.8
	Purchase Price Allocation
	11

	Section 2.9
	Contingent Consideration.
	12

	ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE SELLER
	14

	Section 3.1
	Organization
	14

	Section 3.2
	Authority
	14

	Section 3.3
	No Conflict; Required Filings and Consents
	15

	Section 3.4
	Sufficiency of Assets
	15

	Section 3.5
	Financial Statements
	15

	Section 3.6
	Absence of Certain Changes or Events
	16

	Section 3.7
	Compliance with Law; Permits
	16

	Section 3.8
	Litigation
	16

	Section 3.9
	Employee Matters
	16

	Section 3.10
	Labor and Employment Matters
	17

	Section 3.11
	Personal Property
	17

	Section 3.12
	Intellectual Property
	17

	Section 3.13
	Taxes
	17

	Section 3.14
	Material Contracts
	18

	Section 3.15
	Brokers
	18

	Section 3.16
	Customers
	18

	Section 3.17
	Certain Payments
	18

	Section 3.18
	Government Contracts.
	19

	Section 3.19
	Exclusivity of Representations and Warranties
	19

	ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE BUYER
	19

	Section 4.1
	Organization
	19

	Section 4.2
	Authority
	19

	Section 4.3
	No Conflict; Required Filings and Consents
	20

	Section 4.4
	Financing
	20

	Section 4.5
	Brokers
	20

	Section 4.6
	Buyer’s Investigation and Reliance
	20

	Section 4.7
	Exclusivity of Representations and Warranties
	21

	ARTICLE V COVENANTS
	21

	Section 5.1
	Conduct of Business Prior to the Closing
	21

-i-

TABLE OF CONTENTS
(continued)
Page

	
			
	Section 5.2
	Collection of Accounts Receivable; Payment of Accounts Payable
	22

	Section 5.3
	Covenants Regarding Information
	22

	Section 5.4
	[Reserved]
	22

	Section 5.5
	Notification of Certain Matters
	23

	Section 5.6
	Non-Disclosure
	23

	Section 5.7
	Consents and Filings; Further Assurances
	23

	Section 5.8
	Use of Trademarks
	25

	Section 5.9
	Wrong Pockets
	25

	Section 5.10
	Bulk Transfer Laws
	25

	Section 5.11
	Public Announcements
	25

	Section 5.12
	Communications with Customers and Suppliers
	25

	Section 5.13
	Corporate Insurance
	25

	Section 5.14
	Further Assurances
	25

	Section 5.15
	Non-Competition
	26

	Section 5.16
	Non-Solicitation
	27

	ARTICLE VI EMPLOYEE MATTERS
	28

	Section 6.1
	Offers and Terms of Employment
	28

	Section 6.2
	Allocation of Liabilities
	29

	Section 6.3
	Participation in Buyer Employee Plans
	30

	Section 6.4
	WARN Act Compliance
	31

	Section 6.5
	No Amendments or Third-Party Beneficiaries
	31

	Section 6.6
	Tax Filing and Payment Obligations
	31

	Section 6.7
	U.K. Employees
	31

	ARTICLE VII TAX MATTERS
	33

	Section 7.1
	Transfer Taxes
	33

	Section 7.2
	Tax Characterization of Adjustments
	33

	Section 7.3
	Certain Apportionments
	33

	ARTICLE VIII CONDITIONS TO CLOSING
	33

	Section 8.1
	Conditions to Obligations of the Seller
	33

	Section 8.2
	Conditions to Obligations of the Buyer
	34

	Section 8.3
	Frustration of Closing Conditions
	35

	ARTICLE IX INDEMNIFICATION
	35

	Section 9.1
	Survival of Representations, Warranties, Covenants and Agreements
	35

	Section 9.2
	Indemnification by the Seller
	35

	Section 9.3
	Indemnification by the Buyer
	35

	Section 9.4
	Procedures
	35

	Section 9.5
	Limits on Indemnification
	37

	Section 9.6
	Tax Matters
	38

	Section 9.7
	U.K. Employee Matters
	38

	Section 9.8
	Exclusivity
	38

	Section 9.9
	Termination of Indemnification
	38

	ARTICLE X TERMINATION
	38

	Section 10.1
	Termination
	38

-ii-

TABLE OF CONTENTS
(continued)
Page

	
			
	Section 10.2
	Effect of Termination
	39

	ARTICLE XI GENERAL PROVISIONS
	39

	Section 11.1
	Fees and Expenses
	39

	Section 11.2
	Amendment and Modification
	39

	Section 11.3
	Waiver; Extension
	39

	Section 11.4
	Notices
	39

	Section 11.5
	Interpretation
	41

	Section 11.6
	Entire Agreement
	41

	Section 11.7
	Parties in Interest
	41

	Section 11.8
	Governing Law
	41

	Section 11.9
	Submission to Jurisdiction
	41

	Section 11.10
	Disclosure Generally
	42

	Section 11.11
	Assignment; Successors
	42

	Section 11.12
	Enforcement
	42

	Section 11.13
	Severability
	42

	Section 11.14
	Waiver of Jury Trial
	43

	Section 11.15
	Counterparts
	43

	Section 11.16
	Facsimile or .pdf Signature
	43

	Section 11.17
	Time of Essence
	43

-iii-

TABLE OF EXHIBITS AND SCHEDULES

		
	Exhibit A
	Procedures for Determining Customer ACV 

		
	Exhibit B
	Reserved

		
	Exhibit C
	Bill of Sale and Assignment and Assumption Agreement

		
	Exhibit D
	Intellectual Property License Agreement

		
	Exhibit E
	Transition Services Agreement

		
	Exhibit F
	Allocation Schedule

		
	Exhibit G
	Transition Strategy

Schedule 2.9(b)    Customer Migration Schedule              

-iv-

 

ASSET PURCHASE AGREEMENT
ASSET PURCHASE AGREEMENT, dated as of October 24, 2018 (this “Agreement”), between VERISIGN, INC., a Delaware corporation (the “Seller”), and NEUSTAR, INC., a Delaware corporation (the “Buyer”).
RECITALS
A.    The Seller owns and operates (directly and through the Seller Subsidiaries) the Business.
B.    The Seller wishes to sell, and cause the Seller Subsidiaries to sell, to the Buyer, and the Buyer wishes to purchase from the Seller and the Seller Subsidiaries, certain assets of the Business, and in connection therewith the Buyer is willing to assume certain liabilities and obligations of the Seller and the Seller Subsidiaries relating thereto, all upon the terms and subject to the conditions set forth herein.
AGREEMENT
In consideration of the foregoing and the mutual covenants and agreements herein contained, and intending to be legally bound hereby, the parties hereby agree as follows:

ARTICLE I 
DEFINITIONS

Section 1.1    Certain Defined Terms.  For purposes of this Agreement:
“Action” means any claim, action, suit, arbitration or proceeding by or before any Governmental Authority.
“Active Customers” means the customers that are generating recurring revenue in the full calendar month that includes the first anniversary of the Closing; provided, however, Active Customers shall exclude any customer that (A) has provided written notice to either Buyer or Seller prior to the end of the Customer Migration Period that it has or intends to terminate or otherwise cancel its contract with Buyer (which it has not withdrawn prior to the end of the Customer Migration Period) or (B) is actively disputing or otherwise contesting in writing, prior to the end of the Customer Migration Period, the migration of customer to Buyer’s technology platform, which dispute or contest has continued through the end of the Customer Migration Period; provided, further, however, that if a customer is not considered an Active Customer solely as a result of either subsection (A) or (B) above, and such customer, within thirty (30) days following the end of the Customer Migration Period, either (1) withdraws or acknowledges withdrawal (in each case, in writing) its intent to terminate or otherwise cancel in the case of subsection (A) or (2) withdraws or discontinues or acknowledges such withdrawal or discontinuance (in each case, in writing) its dispute or contest in the case of subsection (B), then such customer shall be considered an Active Customer.
“Affiliate” means, with respect to any Person, any other Person that directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such first Person; provided, however, that in no event shall the Buyer be deemed an Affiliate of any other portfolio companies of investment funds managed by Golden Gate to the extent such other portfolio companies do not control and are not controlled by Buyer.
“Ancillary Agreements” means the Bill of Sale and Assignment and Assumption Agreement, the Intellectual Property License Agreement, and the Transition Services Agreement.
“Bill of Sale and Assignment and Assumption Agreement” means the Bill of Sale and Assignment and Assumption Agreement to be entered into at the Closing between the Buyer, the Seller, and any applicable Seller Subsidiaries, in substantially the form attached hereto as Exhibit C.
“Business” means the DDoS Protection Service, Managed DNS Service, Recursive DNS Plus Service and DNS Firewall Service businesses of the Seller and the Seller Subsidiaries.
“Business Day” means any day that is not a Saturday, a Sunday or other day on which banks are required or authorized by Law to be closed in The City of New York.

1

“Business Employees” means all those individuals listed in Section 3.9(a) of the Disclosure Schedules who are employed by the Seller or any Seller Subsidiary immediately prior to the Closing Date, including (i) those on military leave and family and medical leave, (ii) those on approved leaves of absence, but only to the extent they have reemployment rights guaranteed under federal or state Law or under any leave of absence policy of the Seller or any Seller Subsidiary and (iii) those on short-term disability under the Seller’s or any Seller Subsidiary’s short-term disability program.
“Buyer Employee Plans” means all “employee benefit plans” within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), all formal written plans and all other compensation and benefit plans, contracts, policies, programs and arrangements of the Buyer or of any Buyer Subsidiary whom the Buyer causes to hire a Transferred U.S. Employee pursuant to ARTICLE VI (other than routine administrative procedures) in effect as of the Closing Date, including all pension, savings and thrift, bonus, or other cash incentive or deferred compensation, severance pay and medical and life insurance plans in which any of the employees of the Buyer or any applicable Buyer Subsidiary (or dependents of such employees) participate. 
“Buyer Material Adverse Effect” means any event, change, occurrence or effect that would prevent, materially delay or materially impede the performance by the Buyer of its obligations under this Agreement or any Ancillary Agreement or the consummation of the transactions contemplated hereby or thereby.
“Buyer Subsidiary” means a Subsidiary of the Buyer.
“Code” means the Internal Revenue Code of 1986, as amended.
“control,” including the terms “controlled by” and “under common control with”, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, as trustee or executor, as general partner or managing member, by contract or otherwise.
“customer” means, for purposes of Section 2.9, the definitions of Customer ACV and Customer Migration Event, and any other provisions of this Agreement relating to the Post-Closing Payment, any existing customer under any Transferred Contract or any parent, subsidiary, reseller, purchasing agent or other representative thereof acting in such capacity with respect to the original contract of such existing customer or any replacement or successor contract.
“Customer ACV” means, with respect to Active Customers in respect of which a Customer Migration Event has been deemed to have occurred within twelve months following the Closing Date, an amount equal to monthly recurring revenue in the calendar month that includes the first anniversary of the Closing, multiplied by 12, calculated in accordance with Exhibit A. 
“Customer Migration Event” will be deemed to have occurred, for each customer that is party to a Transferred Contract, at such time as (a) the customer has consented to the assignment of its Contract from Seller (or an Affiliate thereof) to Buyer (or an Affiliate thereof), (b) Buyer (or an Affiliate thereof) has renewed or otherwise continued service with the relevant customer pursuant to a new or amended contract or agreement, including any contract or agreement utilizing Buyer’s (or its Affiliates’) contract terms and conditions, (c) the Buyer or its Affiliate has commenced or completed migration of services provided to the customer by Seller (or its Affiliates) to Buyer’s (or its Affiliates’) technology platform or (d) the customer’s Contract has automatically renewed with Seller or any Affiliate thereof during the Customer Migration Period, but after the later of (x) March 31, 2019 and (y) ninety (90) days following the Closing Date (such later date, the “Automatic Renewal Date”).  Solely for purposes of the foregoing clause (c), “Commenced” shall mean: (i) scheduled a substantial number of the material tasks necessary to complete migration, (ii) substantially completed migration testing (if any only to the extent applicable) and (iii) as applicable, (A) with respect to any Seller DDoS customer who utilizes both mitigation and monitoring services, such customer shall have moved at least one Monitored Router or OpenHybrid Source (as applicable) into production on Buyer’s network and shall have set-up and configured its network and portal within Buyer’s network environment; (B) with respect to any Seller customer who utilizes mitigation services only, such customer shall have set-up and configured its network and portal within the Buyer’s network environment; (C) with respect to any Seller MDNS customer, such customer shall have moved at least one zone into production on the Buyer’s network; or (D) with respect to any Recursive DNS Plus Service customer or DNS Firewall Service customer, such 

2

customer shall have moved at least some portion of its query volume onto the Buyer’s recursive DNS or DNS firewall service.
“Data Security Laws” means all Laws relating to privacy, security, or security breach notification requirements and applicable to the conduct of the Business and the Business’ own rules, policies, and procedures related to the same.
“DDoS Protection Service” (a.k.a. Verisign Internet Defense Network) means a fee-based service that may consist of the following: 1) a mitigation component that seeks to mitigate a distributed denial of service (“DDoS”) event that attempts to make a customer’s services unavailable to its end users, and/or 2) a monitoring component that seeks to monitor a customer’s internet traffic in order to detect the occurrence of a DDoS attack. 
“DNS” means the domain name system.
“DNS Firewall Service” means a fee-based cloud service for customers built upon Seller’s Recursive DNS Plus Service that responds with customized answers based on the customer’s predefined security rules to requested DNS queries.
“Encumbrance” means any charge, claim, mortgage, lien, option, pledge, security interest or other similar encumbrance encumbering any asset.
“ERISA Affiliate” means each corporation or trade or business that, together with the Seller, is or was, at a relevant time, treated as a single employer under Section 414 of the Code.
“Exchange Act” means the Securities Exchange Act of 1934, as amended. 
“Excluded U.K. Employee” means any person employed or engaged by Seller or a Subsidiary thereof in the Business in the United Kingdom who is not a U.K. Employee.
“GAAP” means United States generally accepted accounting principles as in effect on the date hereof.
“Golden Gate” means Golden Gate Private Equity, Inc., a Delaware corporation.
“Government Contracts” means any Contract directly with any United States national or federal Governmental Authority, including any subcontract issued at any tier under a prime Contract with any United States national or federal Governmental Authority, and excluding, for the avoidance of doubt, the contracts listed in Section 3.14(a)(iii) of the Disclosure Schedule.
“Governmental Authority” means any United States or non-United States national, federal, state or local governmental, regulatory or administrative authority, agency or commission or any judicial or arbitral body.
“HSR” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules and regulations promulgated thereunder.
“Inactive Business Employees” means each Business Employee that, as of the Closing Date, is on military leave, family and medical leave or other leaves of absence or who is receiving short-term or long-term disability under the Seller’s or any Seller Subsidiary’s short-term or long-term disability programs.
“Initial Purchase Price” means Fifty Million Dollars ($50,000,000.00).
“Intellectual Property” means any and all intellectual property, regardless of form or medium, in any and all jurisdictions worldwide, including: (i) published and unpublished works of authorship, including audiovisual works, collective works, software, compilations, databases, derivative works, literary works, mask works, and sound recordings (“Works of Authorship”); (ii) inventions and discoveries, including articles of manufacture, business methods, compositions of matter, technology, designs, improvements, machines, methods, and processes and new uses for any of the preceding items (“Inventions”); (iii) words, names, symbols, devices, designs, and other designations, and combinations of the preceding items, used to identify or distinguish a source, business, good, group, product, brand, or service or to indicate a form of certification, including trademarks, trade names, service marks, trade dress, business names, logos, product designs, and product features (“Trademarks”); (iv) Internet domain names, IP addresses, and URLs; and (v) confidential or proprietary data or information (including data compilations and collections) and know-how, whether tangible or intangible, or patentable or unpatentable, 

3

including algorithms, programs, systems, and any and all other information that would qualify as a trade secret under applicable Law. 
“Intellectual Property License Agreement” means the Intellectual Property License Agreement to be entered into at the Closing between the Buyer, the Seller, and any applicable Seller Subsidiaries, in substantially the form attached hereto as Exhibit D.
“Intellectual Property Rights” means any and all rights in, arising out of, or associated with Intellectual Property in any and all jurisdictions worldwide, whether pending, registered or common law, including: (i) rights in, arising out of, or associated with Works of Authorship, including rights in mask works and databases and rights granted under the U.S. Copyright Act, all registrations and recordations thereof and all applications in connection therewith, along with all reversions, extensions and renewals thereof; (ii) rights in, arising out of, or associated with Inventions, including rights granted under the U.S. Patent Act, including patents and applications therefor, and including all continuations, divisionals, and continuations-in-part thereof and patents issuing thereon, along with all reissues, reexaminations, continued prosecution applications and extensions thereof; (iii) rights in, arising out of, or associated with Trademarks, including rights in the “look and feel” of objects and rights granted under the Lanham Act, together with the goodwill associated with any and all of the foregoing, along with all applications, registrations, renewals and extensions thereof; (iv) rights in, arising out of, or associated with domain names and registrations therefor; (v) rights in, arising out of, or associated with confidential or proprietary data and information, know-how, and trade secrets, including rights granted under the Uniform Trade Secrets Act; (vi) rights in, arising out of, or associated with a person’s name, voice, signature, photograph, or likeness, including rights of personality, privacy, and publicity; and (vii) rights of attribution and integrity and other moral rights of an author.
“IRS” means the Internal Revenue Service of the United States.
“Knowledge” means, with respect to the Seller, the actual knowledge of the persons listed in Section 1.1 of the Disclosure Schedules.
“Law” means any statute, law, ordinance, regulation, rule, code, injunction, judgment, decree or order of any Governmental Authority.
“Managed DNS Service” means a fee-based cloud service that hosts authoritative DNS configurations for a customer and resolves authoritative DNS queries for domain names that are not top-level domain names or the root. 
“Material Adverse Effect” means any event, change, occurrence or effect that (a) would reasonably be expected to have a material adverse effect on the business, financial condition or results of operations of the Business, taken as a whole, or (b) would reasonably be expected to prevent, materially delay or materially impede the performance by the Seller of its obligations under this Agreement or any Ancillary Agreement or the consummation of the transactions contemplated hereby or thereby; provided, however, that solely in the case of clause (a) and solely for purposes of Section 8.2(a), Section 8.2(c) and representations and warranties made as of the Closing Date, any event, change, occurrence or effect to the extent constituting, arising out of, attributable to or resulting from any of the following shall be excluded in determining whether or not a Material Adverse Effect has occurred: (i) general changes or developments in the industry in which the Business operates, (ii) changes in regional, national or international political conditions (including any outbreak or escalation of hostilities, any acts of war or terrorism or any other national or international calamity, crisis or emergency) or in general economic, business, regulatory, political or market conditions or in national or international financial markets, (iii) natural disasters or calamities, (iv) changes in any applicable Laws or applicable accounting regulations or principles or interpretations thereof, (v) the announcement or performance of this Agreement or any Ancillary Agreement or the transactions contemplated hereby or thereby, including the initiation of litigation by any Person with respect to this Agreement or any Ancillary Agreement, and including any termination of, reduction in or similar negative impact on relationships, contractual or otherwise, with any customers, suppliers, distributors, partners or employees of the Business due to the announcement and performance of this Agreement or any Ancillary Agreement or the identity of the parties to this Agreement or any Ancillary Agreement, or the performance of this Agreement or any Ancillary Agreement or the transactions contemplated hereby or thereby, including compliance with the covenants set forth herein and therein, (vi) any action taken by the Seller which is required by this Agreement or any Ancillary 

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Agreement, and (vii) any actions taken (or omitted to be taken) by or at the request of the Buyer (except in the case of clauses (i), (ii), (iii) and (iv) to the extent such event, change, occurrence or effect has a disproportionate effect on the Business relative to other businesses in the industry in which the Business operates).
“Permitted Encumbrance” means (i) statutory liens for current Taxes not yet due or delinquent (or which may be paid without interest or penalties) or the validity or amount of which is being contested in good faith by appropriate proceedings, (ii) mechanics’, carriers’, workers’, repairers’ and other similar liens arising or incurred in the ordinary course of business relating to obligations as to which there is no default on the part of the Seller or any Seller Subsidiary for a period greater than 60 days, or the validity or amount of which is being contested in good faith by appropriate proceedings, or pledges, deposits or other liens securing the performance of bids, trade contracts, leases or statutory obligations (including workers’ compensation, unemployment insurance or other social security legislation), (iii) zoning, entitlement, conservation restriction and other land use and environmental regulations promulgated by Governmental Authorities, (iv) non-exclusive licenses of Intellectual Property or Intellectual Property Rights granted in the ordinary course of business; and (v) all exceptions, restrictions, easements, imperfections of title, charges, rights-of-way and other Encumbrances in respect of real property that do not materially interfere with the use of, or adversely affect the value of, the Transferred Assets in the Business, taken as a whole.
“Person” means an individual, corporation, partnership, limited liability company, limited liability partnership, syndicate, person, trust, association, organization or other entity, including any Governmental Authority, and including any successor, by merger or otherwise, of any of the foregoing.
“Purchase Price” means (i) the Initial Purchase Price plus (ii) the Post-Closing Payment.
“Recursive DNS Plus Service” means a fee-based cloud service for customers that recurses the DNS to respond with answers to requested DNS queries.
“Representatives” means, with respect to any Person, the officers, directors, principals, employees, agents, auditors, advisors, bankers and other representatives of such Person.
“Return” means any return, declaration, report, statement, information statement or other document required to be filed with a Governmental Authority with respect to Taxes.
“SEC” means the Securities and Exchange Commission.
“Seller Employee Plans” means all “employee benefit plans” within the meaning of Section 3(3) of ERISA, all formal written plans and all other compensation and benefit plans, contracts, policies, programs and arrangements of the Seller or any Seller Subsidiary (other than routine administrative procedures) in connection with the Business in effect as of the date hereof, including all bonus, stock bonus, stock option or other cash or equity-based incentive or deferred compensation, severance pay and medical and life insurance plans in which any of the Business Employees or their dependents participate, as applicable and if any.
“Seller Subsidiary” means a Subsidiary of the Seller that, as of the date of this Agreement, owns a Transferred Asset or holds an Assumed Liability.
“Straddle Period” means any Taxable period beginning on or before the Closing Date and ending after the Closing Date.
“Subsidiary” means, with respect to any Person, any other Person of which at least 50% of the outstanding voting securities or other voting equity interests are owned, directly or indirectly, by such first Person.
“Taxes” means any and all taxes of any kind and however denominated (together with any and all interest, penalties, additions to tax and additional amounts imposed with respect thereto) imposed by any Governmental Authority.
“Transfer Taxes” means all goods, services, excise, sales, use, real or personal property, gross receipt, withholding, documentary, value added, stamp, registration, filing, recordation and all other similar Taxes or other like charges, together with interest, penalties or additional amounts imposed with respect thereto.

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“Transition Services Agreement” means the Transition Services Agreement to be entered into at the Closing between the Buyer, the Seller, and any applicable Seller Subsidiaries, in substantially the form attached hereto as Exhibit E.
“Transition Strategy” means, with respect to Buyer and Seller, the process and obligations set forth in Exhibit G and any consent and assignment process mutually agreed to in writing by a senior vice president or more senior officer of each party.

Section 1.2    Other Definitions.  Other capitalized terms in this Agreement will have the respective meanings given to them in the relevant section of this Agreement.

ARTICLE II 
PURCHASE AND SALE

Section 2.1    Purchase and Sale of Assets.  Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall, and shall cause the Seller Subsidiaries to, sell, assign, transfer, convey and deliver to the Buyer all of the Seller’s and the Seller Subsidiaries’ right, title and interest as of the Closing Date in and to the Transferred Assets, and the Buyer shall purchase, acquire, accept and pay for the Transferred Assets and assume the Assumed Liabilities (the “Asset Sale”).  “Transferred Assets” shall mean all of the Seller’s and the Seller Subsidiaries’ right, title and interest in and to the following assets (other than the Excluded Assets), as they exist at the time of the Closing:
(a)    all contracts and agreements (collectively the “Contracts” and each, a “Contract”) with any customers of the Business, and all Contracts entered into between the date hereof and the Closing Date with customers of the Business, in each case, to the extent such Contracts relate solely to the Business, including those listed in Section 2.1(a) of the Disclosure Schedules, and the Shared Contract Rights and the Shared Contract Obligations (collectively, the “Transferred Contracts”), including all rights, claims, causes of action and similar interests thereunder;
(b)    all (x) books of account, financial, and accounting records (including billing records, credits, debits and payment history with respect to customers of the Business), invoices, active customers’ lists and billing records (with respect to each of the foregoing, to the extent relating to the 18-month period prior to Closing), information related to requests for proposal, requests for quotation and quotations (with respect to such requests for proposal, requests for quotation and quotations, to the extent recorded in Seller’s Salesforce platform and relating to the 90-day period prior to Closing), in each case, to the extent exclusively relating to the Business, and (y) customer technical data obtained under Transferred Contracts and outlined in the Transition Services Agreement (with respect to customer technical data, to the extent available relating to the 12-month period prior to Closing), in each case, to the extent exclusively relating to the support of the Transferred Contracts, exclusive of Business Employee email and other communication records (the forgoing clauses (x) and (y), collectively, the “Business Records”) provided, however, that (i) the Business Records will be provided to the Buyer only in accordance with and to the extent permitted under applicable Law (the “Applicable Law Exception”) and only to the extent not in violation of any attendant attorney-client privilege and attorney work product protection; provided, further, however, that Seller shall use commercially reasonable efforts to furnish Buyer with all such information in a manner so as to preserve such attorney-client or other legal privilege or in conformity with such Law, (ii) the Seller shall be permitted to retain copies of all Business Records, and (iii) to the extent that any Business Records maintained by the Seller relate to the Business but do not solely relate to the Business, the Transferred Assets shall only include the portion of the Business Records exclusively relating to the Business, the Transferred Assets, the Assumed Liabilities or the Business Employees; and 
(c)    all rights to receive written communications in physical form received from customers in respect of Transferred Contracts.  

Section 2.2    Excluded Assets.  Notwithstanding anything contained in Section 2.1 to the contrary, neither the Seller nor any Seller Subsidiary is selling, and the Buyer is not purchasing, any assets other than those specifically listed or described in Section 2.1, and without limiting the generality of the foregoing, the term Transferred Assets shall expressly exclude the following assets, all of which shall be retained by the Seller and the Seller Subsidiaries (collectively, the “Excluded Assets”):

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(a)    all agreements pursuant to which Seller or a Seller Subsidiary offers recursive DNS to a customer at no charge to such customer, including Seller’s public recursive DNS services, Seller’s recursive DNS service known as “Recursive DNS Basic Service” and any such recursive DNS services provided for, or used in connection with, Seller’s or its Affiliates’ other businesses (as part of a broader service offering or otherwise), including the Registry Services Business; 
(b)    all technology partnership agreements as set forth in Section 2.2(b) of the Disclosure Schedules;
(c)    the contracts and agreements set forth in Schedule 2.2(c);
(d)    cash and cash equivalents;
(e)    the accounts receivable, prepaid expenses and all other current assets of or pertaining to the Business, together with any unpaid interest or fees accrued thereon or other amounts due with respect thereto;
(f)    any asset constituting a current or deferred Tax asset;
(g)    the Seller’s and the Seller Subsidiaries’ corporate books and records of internal corporate proceedings, company policies, Verisign templates, restricted party screening results, customer case histories or sales activity logs (except, in the case of customer case histories or sales activity logs, to the extent provision thereof is contemplated in the Transition Services Agreement); 
(h)    all real property, leaseholds and other interests in real property, including colocation facilities, together in each case with all structures, facilities or improvements located thereon and all easements, licenses, rights and appurtenances relating to the foregoing;
(i)    all capital stock and other equity interests of any Person;
(j)    all Intellectual Property and Intellectual Property Rights, including all rights in, arising out of, or associated with the following Trademarks and any and all variations or derivations thereof: “VeriSign,” “Verisign,” “VeriSign Security Services,” “Verisign Security Services,” “Powered by Verisign,” “Powered by VeriSign”; 
(k)    all of the Seller’s and the Seller Subsidiaries’ bank accounts;
(l)    all accounting records and analogous internal reports relating to the business activities of the Seller and the Seller Subsidiaries to the extent not exclusively relating to the Business, and all records relating to Taxes; 
(m)    any interest in or right to any refund of Taxes relating to the Business, the Transferred Assets or the Assumed Liabilities for, or applicable to, any Taxable period (or portion thereof) ending on or prior to the Closing Date;
(n)    any insurance policies and rights, claims or causes of action thereunder;
(o)    except as specifically provided in ARTICLE VI, any assets relating to any Seller Employee Plan;
(p)    all rights, claims and causes of action and the like relating to any Excluded Asset or any Excluded Liability or arising from or relating to the conduct of the Business (including use of the Transferred Assets) prior to the Closing;
(q)    all rights of the Seller and the Seller Subsidiaries under this Agreement and the Ancillary Agreements;
(r)    all rights of the Seller and the Seller Subsidiaries under any intercompany agreements, including for purposes of clarity any Contract relating to the Business or the Transferred Assets that is solely between or among the Seller and any Seller Subsidiary;

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(s)    all records or other materials prepared or received by the Seller, any of the Seller Subsidiaries, or any of their Representatives in connection with the sale of the Business (or any portion thereof), including bids received from third Persons and analyses relating to the Business (or any portion thereof); 
(t)    all confidential communications between the Seller and its Affiliates, on the one hand, and its and their Representatives (including such Representatives which have been engaged in connection with the transactions contemplated by this Agreement or any of the Ancillary Agreements), on the other hand, to the extent arising out of or relating to the negotiation, execution or delivery of this Agreement or any of the Ancillary Agreements and the transactions contemplated hereby or thereby, including any attendant attorney-client privilege, attorney work product protection, and expectation of client confidentiality applicable thereto, and including any such information or files in any format of any such Representative in connection therewith; and
(u)    all other assets of the Seller and the Seller Subsidiaries not specifically listed or described in Section 2.1, including all infrastructure, network, systems, furniture, fixtures, and equipment, whether or not used in or in connection with the Business.

Section 2.3    Assumed Liabilities.  At the Closing, the Buyer shall assume and, thereafter, shall pay, discharge, perform and otherwise satisfy when due, the following liabilities and obligations of any kind and nature, whether known or unknown, express or implied, primary or secondary, direct or indirect, absolute, accrued, contingent or otherwise and whether due or to become due (collectively, “Liabilities”), of the Seller and the Seller Subsidiaries (collectively, the “Assumed Liabilities”): 
(a)    all Taxes assumed by the Buyer pursuant to ARTICLE VII;
(b)    all Liabilities of the Seller and the Seller Subsidiaries under the Transferred Contracts arising or to be performed after the Closing, but excluding any Liabilities relating to breaches or defaults of the Seller or any of the Seller Subsidiaries under such Transferred Contracts occurring at or prior to the Closing; and
(c)    all Liabilities assumed by the Buyer pursuant to ARTICLE VI;
provided, however, that the Assumed Liabilities shall not include any obligations or liabilities to the extent (x) first arising before the Closing (other than performance obligations under the Transferred Contracts applicable to the period following the Closing), (y) arising from or relating to any event, circumstance or condition occurring or existing prior to the Closing that, with notice or lapse of time or both, would constitute a default under, or result in a violation or breach by the Seller or any Seller Subsidiary of, any Transferred Contract or (z) arising from any violation of Law, breach of warranty, tort or infringement occurring before the Closing.

Section 2.4    Excluded Liabilities.  Notwithstanding any other provision of this Agreement to the contrary, the Buyer is not assuming and the Seller and the Seller Subsidiaries shall retain all of their respective Liabilities other than the Assumed Liabilities, including the following (the “Excluded Liabilities”):
(a)    all Taxes, except to the extent assumed by the Buyer pursuant to ARTICLE VII;
(b)    all Liabilities to the extent arising out of or in respect of any real property, leaseholds or other interests in real property;
(c)    except for the performance obligations under the Transferred Contracts applicable to the period following the Closing or to the extent expressly assumed by the Buyer pursuant to ARTICLE VI, all Liabilities arising out of the ownership or operation of the Business prior to the Closing and all Liabilities to each Seller Employee Plan or such other benefit plans that have been maintained or contributed by Seller or any of Seller’s ERISA Affiliates; 
(d)    all Liabilities retained by the Seller pursuant to ARTICLE VI;
(e)    all Liabilities relating to breaches or defaults of the Seller or any of the Seller Subsidiaries under the Transferred Contracts occurring at or prior to the Closing;

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(f)    all Liabilities of the Seller and the Seller Subsidiaries under any intercompany agreements, including for purposes of clarity any Contract relating to the Business or the Transferred Assets that is solely between or among the Seller and any Seller Subsidiary;
(g)    any indebtedness for borrowed money or guarantees thereof; 
(h)    the accounts payable of the Business and all other current liabilities of or pertaining to the Business;
(i)    any Liability constituting a current Tax payable or deferred Tax payable;
(j)    any Liability or obligation to the extent relating to an Excluded Asset;
(k)    all Liabilities in respect of any Action commencing at or prior to the Closing; 
(l)    any default or breach of Contract, breach of warranty, tort, infringement, violation of Laws or environmental, health or safety matter arising prior to Closing; and
(m)    any fees, costs and expenses of the Seller or any of its Affiliates incurred or to be incurred or payable or to be payable in connection with the negotiation, preparation or execution of this Agreement or any Ancillary Agreement or the consummation of the transactions contemplated hereby or thereby.

Section 2.5    Consents to Certain Assignments. 
(a)    Each of the parties shall use commercially reasonable efforts to obtain any consents, approvals, authorizations, qualifications, orders or waivers of third Persons (each, a “Consent”) that may be required to assign to the Buyer any Transferred Asset, without any conditions to such transfer or changes or modifications of terms thereunder.  For purposes of this Section 2.5(a), a party will be deemed to have satisfied its obligation to the extent it substantially complies with the Transition Strategy. Subject to compliance with the obligation to use commercially reasonable efforts hereunder, the Buyer agrees that neither the Seller nor any Seller Subsidiary shall have any Liability to the Buyer arising out of or relating to the failure to obtain any such Consent from customers of the Business in connection with the transactions contemplated by this Agreement or any of the Ancillary Agreements or because of any circumstances resulting therefrom.  Subject to compliance with the obligation to use commercially reasonable efforts hereunder, the Buyer further agrees that no representation, warranty or covenant of the Seller or any Seller Subsidiary herein shall be breached or deemed breached, and no condition shall be deemed not satisfied, as a result, in and of itself, of (i) the failure to obtain any such Consent from customers of the Business or (ii) any suit, action, proceeding or investigation commenced or threatened by or on behalf of any Person arising out of or relating to the failure to obtain any such Consent from customers of the Business.  The Buyer further agrees that certain of the Consents may not be obtained prior to the Closing and that its obligation to consummate the transactions contemplated by this Agreement and the Ancillary Agreements is not subject to any condition or contingency with respect to such Consents other than the conditions set forth in Section 8.2.
(b)    To the extent a Consent is not obtained prior to the Closing, each of the parties shall use the efforts set forth in Section 2.5(a) and Section 2.9(d) to seek a Customer Migration Event. Reference is also made to the customer migration-related services to be provided by Seller pursuant to the Transition Services Agreement.
(c)    Notwithstanding anything in this Agreement or any Ancillary Agreement to the contrary, from and after the Closing, neither Seller nor any Seller Subsidiary shall have any (i) obligation to extend any contract for which a Consent has not been received, or (ii) liability for failure to extend (or for timely sending a notice of non-renewal of) any such contract at the end of its then current term, unless such action is taken in violation of the Transition Strategy.  The Seller shall (A) promptly pay to the Buyer when received all monies received by the Seller or the applicable Seller Subsidiary under a Transferred Asset or any claim or right or any benefit arising thereunder (excluding, for the avoidance of doubt any monies constituting Excluded Assets) and (B) enforce at the request of the Buyer any of its rights under such Transferred Asset (including a right of termination).  Buyer shall perform, at its sole expense, the Assumed Liabilities under the Transferred Contracts.  Similarly, to the extent the Buyer collects any monies constituting Excluded Assets, then the Buyer shall promptly pay such monies to the Seller when received (without offset). 

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(d)    Notwithstanding anything in this Agreement or any Ancillary Agreement to the contrary, neither this Agreement nor any of the Ancillary Agreements shall constitute an agreement to transfer or assign any asset, permit, claim or right or any benefit arising thereunder or resulting therefrom if a transfer or attempted assignment thereof, without the consent of a third Person, would constitute a breach or other contravention under any agreement or Law to which the Seller or any Seller Subsidiary is a party or by which the Seller or any Seller Subsidiary is bound, or in any way adversely affect the rights of the Seller or any Seller Subsidiary or, upon transfer, the Buyer under such asset, permit, claim or right; provided, however, that until a Customer Migration Event has occurred with respect to any Transferred Contract (including Shared Contracts), each of the parties shall (and shall cause its respective Subsidiaries to) cooperate in an arrangement under which Buyer would obtain the benefits and assume the obligations under such Contract in accordance with this Agreement.  Notwithstanding the foregoing, if (i) a Customer Migration Event with respect to a particular customer has not occurred by the end of the Term (as defined therein) of the Transition Services Agreement (the “Reversion Date”) or (ii) a customer for which a Customer Migration Event has occurred has failed to be an Active Customer (any such customer under (i) or (ii), a “Reverting Customer”), the rights, benefits (including revenue and the right to collect fees in respect of the post-Reversion Date period) and obligations arising or to be performed after the Reversion Date under the Transferred Contract (or other contract or agreement relating to the Business) of any such Reverting Customer automatically will revert to Seller (excluding any Liabilities relating to breaches or defaults of the Buyer or any of its Affiliates).  The parties further agree that, effective as of the Reversion Date, the covenants set forth in Section 5.15 shall cease to apply solely with respect to any Reverting Customer and the products or services required to be provided thereto pursuant to Seller’s contractual obligations with respect to such Reverting Customer.  Additionally, the parties agree that, to the extent Buyer terminates the Transition Services Agreement prior to the end of the Customer Migration Period pursuant to Section 3.2 of the Transition Services Agreement, then the determination as to whether a customer is a Reverting Customer (and the corresponding Reversion Date) shall occur as of the termination date of the Transition Services Agreement, provided that if any such Reverting Customer becomes an Active Customer by the end of the Customer Migration Period, then such customer shall cease to be a Reverting Customer and shall be included in the calculation of Customer ACV.  As compensation for Buyer’s engagement and assistance with customer communications regarding assignment of the Transferred Contracts from Seller to Buyer and migration of the services described in such Contracts from Seller’s technology platform to Buyer’s technology platform from the Closing Date through the Customer Migration Period, Seller shall pay to Buyer a one-time fee in the amount of $10,000 within thirty (30) days following the Closing, which, for the avoidance of doubt, the amount or payment (or nonpayment) of such fee shall not impair, limit, restrict or otherwise impact each party’s rights and obligations set forth in this Agreement.
(e)    Shared Contracts. 
(i)    Section 2.5(e)(i) of the Disclosure Schedules lists all Contracts which have rights or obligations affecting both the Business, on the one hand, and other businesses of the Seller or any of the Seller Subsidiaries, on the other hand (such Contracts, the “Shared Contracts”).  
(ii)    Notwithstanding anything to the contrary in this Agreement, the Transferred Assets shall include only those provisions and rights under each Shared Contract to the extent that they relate to the Business under a Shared Contract (such provisions and rights, the “Shared Contract Rights”) and the Assumed Liabilities shall include only those provisions and obligations under each Shared Contract to the extent they relate to the Business under a Shared Contract (such provisions and obligations, the “Shared Contract Obligations”).  All provisions of, and rights and obligations which arise under, a Shared Contract other than the Shared Contract Rights and the Shared Contract Obligations shall be Excluded Assets and Excluded Liabilities, respectively.
(iii)    Each of the Seller and the Buyer shall, in cooperation with the other, use its commercially reasonable efforts (in accordance with Section 2.5(a)) both before and after the Closing to effect the assignment of the Shared Contract Rights and the Shared Contract Obligations to the Buyer by, among other things, amending the Shared Contracts to separately assign the Shared Contract Rights and the Shared Contract Obligations to the Buyer and, if necessary or deemed desirable by the Seller or the Buyer, to execute new contracts with respect thereto; provided, however, that such commercially reasonable efforts shall not require the payment of any consideration (monetary or otherwise) to, or the concession or provision of any right (other than of an immaterial nature) to, or the amendment 

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or modification in any manner adverse (other than of an immaterial nature) to the Seller or the Buyer of any Shared Contract with, any third Person that is not a Governmental Authority.  Without limitation of the foregoing, to the extent the Shared Contract Rights and the Shared Contract Obligations have not been assigned as of the Closing, each of the parties shall use the efforts set forth in Section 2.5(a) and Section 2.9(d) to seek a Customer Migration Event.  Reference is also made to the customer migration-related services to be provided by Seller pursuant to the Transition Services Agreement and the proviso in Section 2.5(d).  Notwithstanding anything in this Agreement or any Ancillary Agreement to the contrary, from and after the Closing, neither Seller nor any Seller Subsidiary shall have any (x) obligation to extend any Shared Contract for which the Shared Contract Rights and the Shared Contract Obligations have not been assigned, (y) liability for failure to extend (or for timely sending a notice of non-renewal of) any such Shared Contract at the end of its then current term, or (z) take any action that would be adverse to its Registry Services Business.  Unless otherwise agreed by the Buyer (it being understood that such agreement may be withheld in the Buyer’s sole discretion), such amendments and new contracts shall be on pricing terms equal to the terms applicable to the Business under the associated Shared Contract, and shall otherwise be on terms and conditions (except for any de minimis changes) no less favorable to the Buyer than the terms and conditions applicable to the Business under the associated Shared Contract.  To the extent the assignment of any Shared Contract Rights and Shared Contract Obligations contemplated hereby has not been completed by the Reversion Date, any such customer under a Shared Contract shall be considered a Reverting Customer.

Section 2.6    Closing.
(a)    The sale and purchase of the Transferred Assets and the assumption of the Assumed Liabilities contemplated by this Agreement shall take place at a closing (the “Closing”) to be held at the offices of Orrick, Herrington & Sutcliffe LLP, 1152 15th St., NW, Washington, D.C. 20005, at 11:00 A.M. Eastern Time on the third Business Day after which all conditions to the obligations of the parties set forth in ARTICLE VIII (other than such conditions as may, by their terms, only be satisfied at the Closing or on the Closing Date) are satisfied or, to the extent permitted by applicable Law, waived, or at such other place or at such other time or on such other date as the Seller and the Buyer mutually may agree in writing.  The day on which the Closing takes place is referred to as the “Closing Date”.
(b)    At the Closing
(i)    the Buyer shall deliver or cause to be delivered to the Seller payment, by wire transfer of immediately available funds to one or more accounts designated in writing by the Seller (such designation to be made at least two Business Days prior to the Closing Date), in an amount equal to the Initial Purchase Price; and
(ii)    each of the Buyer and the Seller shall deliver or cause to be delivered to the other party an executed counterpart of each of the Ancillary Agreements.
(c)    Notwithstanding anything to the contrary herein, but without limiting the Buyer’s obligations hereunder (including the Buyer’s obligation to pay the Purchase Price and the Buyer’s obligations under ARTICLE IX), the Buyer shall be entitled at the Closing to direct that any of the Transferred Assets be transferred by the Seller and the Seller Subsidiaries to, and any of the Assumed Liabilities be assumed from the Seller and the Seller Subsidiaries by, one or more of the Buyer’s Affiliates in lieu of any such transfer to or assumption by the Buyer.

Section 2.7    Reserved. 

Section 2.8    Purchase Price Allocation.  The Initial Purchase Price and the Assumed Liabilities shall be allocated (i) among the Seller and the Seller Subsidiaries that hold a legal or economic interest in any of the Transferred Assets (collectively, the “V Sellers”) and (ii) among the Transferred Assets in the manner provided in Exhibit F hereto (the “Allocation Schedule”) for all Tax purposes, including for purposes of Section 1060 of the Code and the Treasury Regulations thereunder.  Within 60 days after the Closing Date, the Seller shall deliver to the Buyer a draft certificate which shall reasonably allocate the Initial Purchase Price and the Assumed Liabilities among the Transferred Assets in a manner consistent with the Allocation Schedule (the “Allocation Certificate”), for Buyer’s review and consent (not to be unreasonably withheld, conditioned or delayed).  Any subsequent allocation necessary as a result of an adjustment to the consideration to be paid hereunder shall be determined by the Seller, subject to Buyer’s review and consent, in a manner consistent with the Allocation Certificate.  For all 

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Tax purposes, each of the Seller and the Buyer agrees (a) to report, and to cause its respective Affiliates to report, the transactions contemplated by this Agreement in a manner consistent with the Allocation Certificate and (b) not to take, and to cause its respective Affiliates not to take, any position inconsistent therewith in any Return, Tax filing (including filings required under Section 1060 of the Code), audit, refund claim or otherwise, unless otherwise required by a change in Law occurring after the date hereof, a closing agreement with an applicable Governmental Authority or a final non-appealable judgment of a court of competent jurisdiction.

Section 2.9    Contingent Consideration.
(a)    Subject to any pending disputes pursuant to Section 2.9(e) below, within 30 days from the delivery of the Final Customer Migration Report, Buyer will pay or cause to be paid to Seller (without dilution) an amount in U.S. dollars (the “Post-Closing Payment”) equal to (i) (x) the Customer ACV, multiplied by (y) 3.5; minus (ii) the Initial Purchase Price; minus (iii) an amount equal to four million five hundred thousand Dollars ($4,500,000); provided, however, that in no event shall the aggregate Purchase Price payable pursuant to this Agreement exceed in the aggregate one hundred twenty million Dollars ($120,000,000); and provided, further, however, that in no event shall Seller have an obligation to refund any portion of the Initial Purchase Price, and in no event shall the adjustment contemplated by this Section 2.9(a) otherwise result in a negative adjustment to the Purchase Price.  The Seller and the Buyer agree that any payments made pursuant to this Section 2.9 shall be allocated in a manner consistent with the allocation referred to in Section 2.8. 
(b)    Following the Closing and for a period ending on the first anniversary thereof (the “Customer Migration Period”), the Buyer will provide a monthly written report to Seller in the form of Schedule 2.9(b) (each, a “Customer Migration Report”), not later than three (3) Business Days following the end of each month, certifying the Customer Migration Events that have taken place as of each such date.  Additionally, within 60 days following the end of the Customer Migration Period, Buyer will deliver to Seller a final report (the “Final Customer Migration Report”) setting forth, in reasonable detail, the Customer Migration Events occurring on or prior to the first anniversary of the Closing Date, Buyer’s good faith calculation of Customer ACV and Buyer’s corresponding good faith calculation of the amount of the Post-Closing Payment.
(c)    As a material inducement to Seller to enter into this Agreement and with the understanding that Seller is relying thereon, and to carry out the transactions contemplated by this Section 2.9, Seller will have the audit rights in this Section 2.9(c) with respect to the determination of the Post-Closing Payment and the Customer Migration Events to which such payment relates.  Buyer will (and will cause its Affiliates and resellers, and other relevant parties to) keep complete, true and accurate books of accounts and records for the purpose of determining the Post-Closing Payment and the Customer Migration Events to which such payment relates.  Such books and records will include all data necessary, including customer contracts and invoices, for the determination of whether Customer Migration Events have occurred and the proper computation of the Post-Closing Payment and will be retained by Buyer until at least the 18-month anniversary of the Closing (provided that such books and records will be retained for a longer period to the extent of, and necessary to resolve, any pending dispute or inspection with respect to a Customer Migration Event or the Post-Closing Payment), and Buyer will make such books and records reasonably available and accessible to Seller and its Representatives upon Seller’s request. 
(d)    Without limiting the obligations of the parties set forth in Section 2.5, the parties agree to appropriately coordinate with one another in good faith with respect to efforts to achieve Customer Migration Events during the Customer Migration Period and to otherwise assist with the migration of customers’ services to Buyer’s technology platform, in each case, upon terms and conditions including price, service levels, and other significant contractual commitments that, taken in the aggregate, are generally as favorable or better than the terms and conditions in force with Seller as of the Closing and in accordance with the Transition Strategy; provided that Buyer agrees that neither the Seller nor any Seller Subsidiary will have any Liability to Buyer arising out of or relating to the failure to achieve a Customer Migration Event or to otherwise assist with migration, except as expressly provided in the Transition Services Agreement and Section 2.5.  On a monthly basis, promptly following delivery of each Customer Migration Report, representatives of Buyer and Seller (which shall include the Contract Managers specified under the Transition Services Agreement), shall confer by telephone to discuss the efforts being undertaken with respect to the achievement of Customer Migration Events, other customer migration-related issues 

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and any questions concerning the contents of Customer Migration Reports.  Such telephone conferences shall take place at the times agreed by the respective Contract Managers specified under the Transition Services Agreement.
(e)    If Seller disputes any item specified in the Final Customer Migration Report (including Buyer’s calculation of Customer ACV or the amount of the Post-Closing Payment), Seller may, at any time during the 30-day period following its receipt of the Final Customer Migration Report, provide written notice thereof to Buyer (a “Notice of Disagreement”).  During the 30‐day period following delivery of a Notice of Disagreement by the Seller to the Buyer, the parties in good faith shall seek to resolve in writing any differences that they may have with respect to the calculation of Customer ACV or the amount of the Post-Closing Payment as specified therein. Any disputed items resolved in writing between the Buyer and the Seller within such 30‐day period shall be final and binding with respect to such items, and if the Buyer and the Seller agree in writing on the resolution of each disputed item specified by the Seller in the Notice of Disagreement, the amounts so determined shall be final and binding on the parties for all purposes hereunder.  If the Buyer and the Seller have not resolved all such differences by the end of such 30‐day period, the Buyer and the Seller shall submit, in writing, to an independent public accounting firm mutually agreed by the parties (an “Independent Accounting Firm”), their briefs detailing their views as to the correct nature and amount of each item remaining in dispute and the amount of the Customer ACV and the Post-Closing Payment, and the Independent Accounting Firm shall make a written determination as to each such disputed item and the amount of the Customer ACV and the Post-Closing Payment.  For purposes of clarity, the parties hereby agree that no accounting firm that has been engaged on behalf of either party or such party’s direct Affiliates within the last two (2) years may be selected as an Independent Accounting Firm. Buyer will make its books and records available to the Independent Accounting Firm in connection with any such dispute related to the Final Customer Migration Report.  The Buyer and the Seller shall use their commercially reasonable efforts to cause the Independent Accounting Firm to render a written decision resolving the matters submitted to it within 30 days following the submission thereof.  The Independent Accounting Firm shall consider only those items and amounts in the Buyer’s and the Seller’s respective calculations of the Customer ACV and the Post-Closing Payment that are identified as being items and amounts to which the Buyer and the Seller have been unable to agree.  The scope of the disputes to be resolved by the Independent Accounting Firm shall be limited to correcting mathematical errors and determining whether the items and amounts in dispute were determined in accordance with this Agreement, and the Independent Accounting Firm is not to make any other determination.  In resolving any disputed item, the Independent Accounting Firm may not assign a value to any item greater than the greatest value for such item claimed by either party or less than the smallest value for such item claimed by either party.  The Independent Accounting Firm’s determination of the Customer ACV and the Post-Closing Payment shall be based solely on written materials submitted by the Buyer and the Seller (i.e., not on independent review).  The determination of the Independent Accounting Firm shall be conclusive and binding upon the parties hereto and shall not be subject to appeal or further review.  Judgment may be entered upon the written determination of the Independent Accounting Firm in accordance with Section 11.9.  In acting under this Agreement, the Independent Accounting Firm will be entitled to the privileges and immunities of an arbitrator.  The costs of any dispute resolution pursuant to this Section 2.9(e), including the fees and expenses of the Independent Accounting Firm and of any enforcement of the determination thereof, shall be borne by the Buyer and the Seller in proportion to the difference between the Independent Accounting Firm’s final determination of the Customer ACV and the Post-Closing Payment and the Buyer’s and the Seller’s determinations of the Customer ACV and the Post-Closing Payment (such that the party whose determination of the Customer ACV and the Post-Closing Payment is more inaccurate shall bear the greater amount of such costs), and shall be determined by the Independent Accounting Firm at the time the determination of such firm is rendered on the merits of the matters submitted.  The fees and disbursements of the Representatives of each party incurred in connection with the preparation or review of the Final Customer Migration Report and the preparation or review of any Notice of Disagreement, as applicable, shall be borne by such party.  Within three Business Days following final determination by the Independent Accounting Firm of the Customer ACV and the Post-Closing Payment Buyer shall pay or cause to be paid the Post-Closing Payment to Seller.  
(f)    As a material inducement to Seller to enter into this Agreement, Buyer covenants and agrees that, during the Customer Migration Period, (i) it will operate the Business in good faith and will not take any actions directly and solely intended to reduce, avoid, minimize or diminish the Post-Closing Payment and (ii) 

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with respect to pricing and payment terms, it will treat the customers of the Business and contractual arrangements with such customers in a manner substantially similar to the way Buyer treats similarly situated customers of its existing security services business line and the contractual arrangements with such similarly situated customers.  Subject to the foregoing, none of Buyer nor any of its Affiliates will owe Seller or any of its Affiliates any fiduciary or other similar duty in respect of this Section 2.9.  To the extent that Buyer breaches the terms of this Section 2.9(f), as determined by a final non-appealable judgment of a court of competent jurisdiction, Seller shall be entitled to recover an amount equal to (x) the Post-Closing Payment calculated as if Buyer had not breached this Section 2.9, less (y) the Post-Closing Payment calculated by Buyer in accordance with Section 2.9(b) or otherwise paid by or on behalf of Buyer, which such amount shall be the sole and exclusive Losses and/or Liability of Buyer or its Affiliates in respect of this Section 2.9.  

ARTICLE III 
REPRESENTATIONS AND WARRANTIES 
OF THE SELLER
Except as set forth in the disclosure schedules of the Seller attached hereto (collectively, the “Disclosure Schedules”), the Seller hereby represents and warrants to the Buyer as of the date hereof and as of the Closing Date as follows:

Section 3.1    Organization.  The Seller is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.  Each of the Seller Subsidiaries is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.  Each of the Seller and each of the Seller Subsidiaries has all necessary corporate, company or partnership power and authority to enable it to own, lease and operate the Transferred Assets owned, leased or operated by it and to carry on the Business as presently conducted by it.  Each of the Seller and each of the Seller Subsidiaries is duly qualified or licensed and in good standing to do business in each jurisdiction where the character of the properties owned, leased or operated by it or the nature of its business makes such qualification or licensing necessary, except for such jurisdictions where the failure to be so qualified or licensed or in good standing has not had and would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Section 3.2    Authority.  The Seller has full corporate power and authority to execute and deliver this Agreement and each of the Ancillary Agreements, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.  Each of the Seller Subsidiaries has full corporate, company or partnership power and authority to execute and deliver each of the Ancillary Agreements to which it will be a party, to perform its obligations thereunder and to consummate the transactions contemplated thereby.  The execution, delivery and performance by the Seller of this Agreement and each of the Ancillary Agreements and the consummation by the Seller of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate action.  The execution, delivery and performance by each of the Seller Subsidiaries of each of the Ancillary Agreements to which it will be a party and the consummation by each of the Seller Subsidiaries of the transactions contemplated thereby have been duly and validly authorized by all necessary corporate, company or partnership action.  The Seller has duly executed and delivered this Agreement and, on or prior to the Closing will have duly executed and delivered each of the Ancillary Agreements, and, assuming due execution and delivery by each of the other parties hereto and thereto, this Agreement constitutes, and each of the Ancillary Agreements will after the Closing constitute, the Seller’s legal, valid and binding obligation, enforceable against it in accordance with its terms subject, as to enforcement, to applicable bankruptcy, insolvency, moratorium, reorganization or similar laws affecting creditors’ rights generally and to general equitable principles.  Each of the Seller Subsidiaries on or prior to the Closing will have duly executed and delivered each of the Ancillary Agreements to which it will be a party, and, assuming due execution and delivery by each of the other parties thereto, each such Ancillary Agreement will after the Closing constitute each such Seller Subsidiary’s legal, valid and binding obligation, enforceable against it in accordance with its terms subject, as to enforcement, to applicable bankruptcy, insolvency, moratorium, reorganization or similar laws affecting creditors’ rights generally and to general equitable principles. 

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Section 3.3    No Conflict; Required Filings and Consents.
(a)    The execution, delivery and performance by the Seller of this Agreement do not, the execution, delivery and performance by the Seller of each of the Ancillary Agreements and by each of the Seller Subsidiaries of each of the Ancillary Agreements to which it will be a party will not, and the consummation of the transactions contemplated by this Agreement and each of the Ancillary Agreements do not and will not:
(i)    conflict with or violate the organizational and charter documents of the Seller or the comparable organizational documents of any of the Seller Subsidiaries;
(ii)    (x) conflict with or (y) violate, in each such case under (x) or (y), in any material respect any Law applicable to the Seller, any Seller Subsidiary, the Business, or any of the Transferred Assets or by which the Seller, any Seller Subsidiary, the Business, or any of the Transferred Assets may be bound or affected; or
(iii)    conflict with, result in any breach of, constitute a default (or an event that, with notice or lapse of time or both, would become a default) under, cause the creation or imposition of any Encumbrance (other than Permitted Encumbrances) on any of the Transferred Assets under, or require any Consent pursuant to, any Contract that is not a Transferred Contract to which the Seller or any Seller Subsidiary is party, where any such breach, default or imposition or failure to file, seek or obtain such notice, authorization, approval, order, permit or Consent would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
except (A) in the case of clause (ii), (x) for compliance with the applicable requirements of HSR and applicable foreign antitrust or trade regulation laws and (y) for the filing by Seller, to the extent applicable, of such reports and information with the SEC under the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated by the SEC thereunder, as may be required in connection with this Agreement and the transactions contemplated hereby, and (B) in the case of clause (iii), as set forth in Section 3.3(a) of the Disclosure Schedules.  The provision of the Business Records to Buyer pursuant to Section 2.1(b), without giving effect to the Applicable Law Exception, does not to the actual knowledge (without having undertaken any investigation or inquiry and expressly excluding any imputed or constructive knowledge), as of the date hereof, of legal personnel of Seller directly involved in the transactions contemplated hereby conflict with or violate any U.S. federal Law or EU data protection law applicable to the Seller, any Seller Subsidiary, the Business, or any of the Transferred Assets or by which the Seller, any Seller Subsidiary, the Business, or any of the Transferred Assets may be bound or affected, subject to Buyer’s compliance with the covenant set forth in the last sentence of Section 5.6.
(b)    The Seller is not required to file, seek or obtain any notice, authorization, approval, order, permit or Consent of or with any Governmental Authority in connection with the execution, delivery and performance by the Seller of this Agreement or the consummation of the transactions contemplated hereby, except for (i) compliance with the applicable requirements of HSR and applicable foreign antitrust or trade regulation laws, (ii) as set forth in Section 3.3(b) of the Disclosure Schedules, (iii) for any requirements under the Exchange Act or (iv) where failure to file, seek or obtain such notice, authorization, approval, order, permit or Consent would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Section 3.4    Sufficiency of Assets.  Except as expressly set forth in this ARTICLE III, Seller is making no, and disclaims any, representations or warranties regarding the sufficiency of the Transferred Assets for the operation and conduct of the Business by the Buyer after the Closing.

Section 3.5    Financial Statements.  The Seller has provided the Buyer with the unaudited adjusted financial information relating to the Business set forth in Section 3.5 of the Disclosure Schedules, which such financial information reflects the revenues and certain specified expenses, and certain specified assets and liabilities in the general ledger accounts, including the deferred revenue and accounts receivable, of the Business (the “Financial Information”).  The Financial Information has been prepared in good faith on the bases described therein using the financial books and records maintained by the Seller for the Business (which books and records are true and accurate in all material respects), it being understood that (a) the Business has been consolidated into the financial statements of Seller and has had transactions and relationships with Seller and its respective Affiliates; (b) the Business has relied on Seller and its Affiliates for a portion of its administrative support for which the costs have been allocated on a basis that Seller reasonably believes appropriate under the circumstances; (c) the amounts 

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recorded for these allocations are not necessarily representative of the amounts that would have been reflected in the Financial Information had the Business been an entity operated independently of Seller; and (d) all of such administrative and financial support, together with any associated assets or personnel, are not necessarily being transferred pursuant to this Agreement.  The Financial Information (v) has not been prepared in accordance with GAAP, provided that revenue as set forth in the Financial Information has been recognized in accordance with GAAP, (w) does not include information regarding operating margins or the cost of goods sold, (x) includes estimated costs that do not necessarily represent the costs that were actually allocated to the Business for the relevant periods (or that the Business will incur after the Closing), (y) includes assets that have not been tested for impairment or otherwise adjusted for fair value and (z) fairly reflects the revenues and specified expenses, and the assets and liabilities in the general ledger accounts, including deferred revenue and accounts receivable, identified therein.

Section 3.6    Absence of Certain Changes or Events.  Except as set forth in Section 3.6 of the Disclosure Schedules (it being understood that notwithstanding anything to the contrary in this Agreement or in the Disclosure Schedules, no disclosure in any other section of the Disclosure Schedules shall be deemed to qualify the representation in Section 3.6(b)), since June 30, 2018, (a) the Seller and the Seller Subsidiaries have conducted the Business, in all material respects, in the ordinary course of business consistent with past practice and (b) there has not occurred any Material Adverse Effect with respect to the Business.  Without limiting the generality of the foregoing, since June 30, 2018, neither the Seller nor any of the Seller Subsidiaries has taken any action which, if taken after the date of this Agreement, would require the consent of Buyer pursuant to Section 5.1.

Section 3.7    Compliance with Law; Permits.
(a)    The Business is and has been conducted in compliance in all material respects with all applicable Laws. 
(b)    The Seller and the Seller Subsidiaries collectively are in possession of all permits, licenses, franchises, approvals, certificates, consents, waivers, concessions, exemptions, orders, registrations, notices or other authorizations of any Governmental Authority necessary for them to own, lease and operate the Transferred Assets and to carry on the Business as currently conducted (the “Permits”), except where the failure to have, or the suspension or cancellation of, any of the Permits would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Section 3.8    Litigation.  There is no Action by or against the Seller or any Seller Subsidiary in connection with the Business pending, or to the Knowledge of the Seller, threatened in writing that would if adversely determined, individually or in the aggregate, reasonably be expected to result in a material liability to the Seller or any Seller Subsidiary or would affect the legality, validity or enforceability of this Agreement or the consummation of the transactions contemplated hereby.

Section 3.9    Employee Matters.
(a)    Section 3.9(a) of the Disclosure Schedules sets forth a true and complete list of all of the Business Employees proposed to be hired by the Buyer, including their respective dates of employment, their respective locations of employment, and, unless prohibited by applicable Law, their respective salaries, wages, bonuses and other compensation paid during 2017 and payable during 2018.  Section 3.9(a) of the Disclosure Schedules sets forth a true and complete list of (x) all Seller Employee Plans applicable to the Business Employees and (y) with respect to each Business Employee, such employee’s Base Compensation, Work Location and Other Employment Terms, as defined in Section 6.1(b).
(b)    Section 3.9(b) of the Disclosure Schedules sets forth a true and complete list of all of the employment contracts exclusively relating to the Business Employees proposed to be hired by the Buyer to which the Seller or any Seller Subsidiary is a party as of the date of this Agreement.
(c)    Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, none of the Seller Employee Plans is a multiemployer plan (within the meaning of Sections 3(37) or 4001(a)(3) of ERISA) or a single employer pension plan (within the meaning of Section 4001(a)(15) of ERISA) for which the Seller or any of the Seller Subsidiaries (or Buyer or its Affiliates) would reasonably be expected to incur liability under Section 4063 or 4064 of ERISA. Each Seller Employee Plan that is intended to meet the 

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requirements of a “qualified plan” under Section 401(a) of the Code has received a favorable determination letter from the Internal Revenue Service to the effect that such Seller Employee Plan meets the requirements of Section 401(a) of the Code and no event has occurred and no condition exists with respect to the form or operation of such Seller Employee Plan which would reasonably be expected to cause the loss of such qualification or exemption or the imposition of any material liability, penalty or tax under ERISA or the Code.  Neither Seller nor its Affiliates has any current or potential obligation to provide post-employment health, life or other welfare benefits to any Business Employee other than as required under Section 4980B of the Code or any similar applicable law for which the covered individual pays the full cost of coverage.
(d)    The representations and warranties contained in this Section 3.9 are the only representations and warranties being made with respect to ERISA.

Section 3.10    Labor and Employment Matters.  Neither the Seller nor any Seller Subsidiary is a party to any labor or collective bargaining contract that pertains to any Business Employees proposed to be hired by the Buyer.  There are no pending or, to the Knowledge of the Seller, threatened Actions concerning labor matters with respect to the Business Employees proposed to be hired by the Buyer, except for such Actions that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Section 3.11    Personal Property.  Each of the Seller and each of the Seller Subsidiaries has good and valid title to all Transferred Assets to be transferred by it, in each case free and clear of all Encumbrances, other than Permitted Encumbrances.  No representation or warranty is made under this Section 3.11 with respect to Intellectual Property, which is covered exclusively by Section 3.12.

Section 3.12    Intellectual Property.  
(a)    To the Knowledge of the Seller, the operation of the Business as it relates to the Transferred Contracts as of immediately prior to Closing does not infringe, misappropriate, dilute, or otherwise violate the Intellectual Property or Intellectual Property Rights of any third party, and neither the Sellers nor Seller Subsidiary have received any written notices, written requests for indemnification, or written threats from any third party related to the foregoing in the two (2) years prior to the date of this Agreement.
(b)    To the Knowledge of the Seller, no third party is infringing, misappropriating, diluting, or otherwise conflicting with the Intellectual Property or Intellectual Property Rights of the Seller or any Seller Subsidiary, in each case, related to the Transferred Contracts.  
(c)    Neither Seller nor any of its subsidiaries owns any patent or patent application that would be infringed by the operation of the Business as it relates to the Transferred Contracts as of immediately prior to Closing other than those that are licensed pursuant to the Intellectual Property License Agreement.  
(d)    To the Knowledge of the Seller, during the two (2) year period immediately prior to the date of this Agreement, there have not been any (i) actual or alleged material incidents of unauthorized disclosure, loss, corruption, alteration, or use of personally identifiable information possessed by Seller related to the Transferred Contracts, or other actual or alleged material incidents of data security breaches compromising the confidentiality or integrity of such personally identifiable information or (ii) written notices received by Seller from a Governmental Authority relating to any material failure of Seller to comply with Data Security Laws in connection with the personally identifiable information possessed by Seller related to the Transferred Contracts, in each case under the immediately preceding clauses (i) and (ii), that would require disclosure pursuant to the Exchange Act.
(e)    For the avoidance of doubt, an Excluded Asset does not relate to the Transferred Contracts for purposes of interpreting this Section 3.12.

Section 3.13    Taxes.  Except as set forth in Section 3.13 of the Disclosure Schedules:
(a)    All sales and use, property and other material Taxes of the Seller and the Seller Subsidiaries that relate primarily to any of the Transferred Assets or the Business have been duly and timely paid, and all Tax returns with respect to the Transferred Assets or the Business have been timely filed and are correct and complete in all material respects; 

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(b)    there are no Encumbrances for Taxes upon any of the Transferred Assets, other than Permitted Encumbrances;
(c)    no action, suit, proceeding, or audit is pending against or with respect to Seller and/or the Seller Subsidiaries regarding Taxes related to the Transferred Assets or the Business; and
(d)    none of Seller and/or the Seller Subsidiaries has waived any statute of limitations in respect of Taxes related to the Transferred Assets or the Business.
The representations and warranties contained in this Section 3.13 are the only representations and warranties being made with respect to Taxes.

Section 3.14    Material Contracts.
(a)    Except as set forth in Section 3.14(a) of the Disclosure Schedules, as of the date hereof, neither the Seller nor any Seller Subsidiary (in each case, solely with respect to the Business) is a party to or is bound by any Contract of the following nature, in each case excluding any purchase order or analogous instruments entered into with customers or suppliers in the ordinary course of business (such Contracts required to be listed in Section 3.14(a) of the Disclosure Schedules, the “Material Contracts”): 
(i)    Contracts with the Top Customers; 
(ii)    Contracts involving the Business relating to indebtedness for borrowed money;
(iii)    Contracts involving the Business where the Seller is in contractual privity with any Governmental Authority (excluding Permits);
(iv)    Contracts that limit or purport to limit the ability of Seller to compete with respect to the Business with any Person or in any geographic area or during any period of time; or
(v)    material joint venture, partnership or similar Contracts covering the Business or the Transferred Assets.
(b)    Each Material Contract is valid and binding on the Seller or a Seller Subsidiary and the counterparties thereto, and is in full force and effect.  Neither the Seller nor any Seller Subsidiary nor, to the Knowledge of the Seller, any counterparty to any Material Contract is in breach of, or default under, any Material Contract to which it is a party in any material respect.
(c)    Except as set forth in Section 2.5(e)(i) of the Disclosure Schedules, Seller is not party to or bound by any Contract with any customer of the Business which has rights or obligations affecting both the Business, on the one hand, and other businesses of the Seller or any of the Seller Subsidiaries, on the other hand.

Section 3.15    Brokers.  Except as set forth in Section 3.15 of the Disclosure Schedules, no broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions provided for in this Agreement based upon arrangements made by or on behalf of the Seller or any Seller Subsidiary.

Section 3.16    Customers.  Section 3.16(a) of the Disclosure Schedules sets forth a list of the top fifty (50) customers of the Business for the year ended December 31, 2017 and for the eight (8) month period ended August 31, 2018 (determined by the amount of total sales or purchases, as applicable) (such customers, collectively, the “Top Customers”).  Except as set forth in Section 3.16(b) of the Disclosure Schedules, no such Top Customer has since January 1, 2018 (a) canceled or otherwise terminated or threatened (in writing) to cancel or otherwise terminate its relationship with the Business or (b) materially and adversely changed its relationship or threatened (in writing) to materially and adversely change its relationship with the Business.

Section 3.17    Certain Payments.  Neither the Seller nor any Seller Subsidiary in connection with the Business: (a) has used or is using any corporate funds for any illegal contributions, gifts, entertainment or other unlawful expenses relating to political activity, (b) has used or is using any corporate funds for any direct or indirect unlawful payments to any foreign or domestic governmental officials or employees or any employees of a foreign or domestic government-owned entity, (c) has violated or is violating the anti-bribery provisions of the Foreign 

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Corrupt Practices Act of 1977 or any other anticorruption Law applicable to the Business, (d) has made, offered, authorized or promised any payment, rebate, payoff, influence payment, contribution, gift, bribe, rebate, kickback, or any other thing of value to any government official or employee, political party or official, or candidate, regardless of form, corruptly and to obtain favorable treatment in obtaining or retaining business, (e) has established or maintained, or is maintaining, any fund of corporate monies or other properties for the purpose of supplying funds for any of the purposes described in the foregoing clause (d), or (f) has made any bribe, unlawful rebate, payoff, influence payment, kickback or other similar illegal payment of any nature.

Section 3.18    Government Contracts.
(a)    Neither the Seller nor any Seller Subsidiary is currently in, and the execution and delivery of this Agreement will not result in, any material violation, breach or default of any term or provision, the loss of any benefit or the acceleration of any right or obligation under or trigger automatic or optional termination or modification of, any Contract that is a Government Contract.  Neither the Seller nor any of the Seller Subsidiaries has received (i) a cure notice, complaint, claim, a show cause notice or a stop work notice, nor has any of them been threatened in writing with termination for default under any Contract that is a Government Contract or (ii) a request for equitable adjustment or other written claim by any of its vendors, suppliers or subcontractors against any of the Seller or any Seller Subsidiaries relating to a Contract that is a Government Contract.
(b)    There is not currently pending, and since January 1, 2016, none of the Seller or any Seller Subsidiary has received written notice of, any Action in connection with a Contract that is a Government Contract.
(c)    Since January 1, 2016, none of the Seller or any Seller Subsidiary has been restricted, suspended or debarred from bidding on contracts or subcontracts with any Governmental Authority in connection with the conduct of the Business, and no such restriction, suspension or debarment has been initiated or, to Seller’s Knowledge, threatened or proposed. There is, and since January 1, 2016 has been, no Action by any Governmental Authority relating to any Contract that is a Government Contract or the violation of any Law relating to any Contract that is a Government Contract.
(d)    The Seller and the Seller Subsidiaries are in compliance in all material respects with all obligations under each Contract that is a Government Contract, including product testing and quality assurance and security clearance requirements (if any).

Section 3.19    Exclusivity of Representations and Warranties.  None of the Seller nor any of its Affiliates, nor any Representatives of any of the foregoing, is making any representation or warranty of any kind or nature whatsoever, oral or written, express or implied, in connection with this Agreement, any of the Ancillary Agreements or the transactions contemplated hereby or thereby, except as expressly set forth in this ARTICLE III, any certificate delivered pursuant to Section 8.2(a)(iii) or any Ancillary Agreement, and such Persons hereby disclaim any such other representations or warranties.

ARTICLE IV 
REPRESENTATIONS AND WARRANTIES OF THE BUYER
The Buyer hereby represents and warrants to the Seller as of the date hereof and as of the Closing Date as follows:

Section 4.1    Organization.  The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all necessary corporate, company or partnership power and authority to enable it to own, lease and operate its properties and to carry on its business as presently conducted.

Section 4.2    Authority.  The Buyer has full corporate, company or partnership power and authority to execute and deliver this Agreement and each of the Ancillary Agreements, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.  The execution, delivery and performance by the Buyer of this Agreement and each of the Ancillary Agreements and the consummation by the Buyer of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate, company or partnership action.  The Buyer has duly executed and delivered this Agreement and, on or prior to the Closing will have duly executed and delivered each of the Ancillary Agreements, and, assuming due execution and delivery by each of the other parties hereto and thereto, this Agreement constitutes, and each of the 

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Ancillary Agreements will after the Closing constitute, the Buyer’s legal, valid and binding obligation, enforceable against it in accordance with its terms subject, as to enforcement, to applicable bankruptcy, insolvency, moratorium, reorganization or similar laws affecting creditors’ rights generally and to general equitable principles. 

Section 4.3    No Conflict; Required Filings and Consents.
(a)    The execution, delivery and performance by the Buyer of this Agreement do not, the execution, delivery and performance by the Buyer of each of the Ancillary Agreements will not, and the consummation of the transactions contemplated by this Agreement and each of the Ancillary Agreements do not and will not:
(i)    conflict with or violate the organizational documents of the Buyer;
(ii)    conflict with or violate any Law applicable to the Buyer or by which any property or asset of the Buyer is bound or affected; or
(iii)    conflict with, result in any breach of, constitute a default (or an event that, with notice or lapse of time or both, would become a default) under, or require any Consent pursuant to, any material contract or agreement to which the Buyer is a party;
except, in the case of clauses (ii) and (iii), for (A) compliance with the applicable requirements of HSR and applicable foreign antitrust or trade regulation laws and (B) any such conflicts, violations, breaches, defaults or other occurrences that would not, individually or in the aggregate, reasonably be expected to have a Buyer Material Adverse Effect.
(b)    The Buyer is not required to file, seek or obtain any notice, authorization, approval, order, permit or Consent of or with any Governmental Authority in connection with the execution, delivery and performance by the Buyer of this Agreement or the consummation of the transactions contemplated hereby, except where failure to file, seek or obtain such notice, authorization, approval, order, permit or Consent would not, individually or in the aggregate, reasonably be expected to have a Buyer Material Adverse Effect.

Section 4.4    Financing.  The Buyer has, and will have at the Closing, sufficient funds to permit the Buyer to consummate the transactions contemplated by this Agreement and the Ancillary Agreements, and to pay all related fees and expenses. 

Section 4.5    Brokers.  No broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of the Buyer.

Section 4.6    Buyer’s Investigation and Reliance.  
(a)    Other than for the representations and warranties of the Seller expressly set forth in ARTICLE III and the representations and warranties of the Seller or any of its Affiliates expressly set forth in any Ancillary Agreement, the Buyer and its Affiliates are not relying in any respect on, and the Seller and its Affiliates shall have no Liability to the Buyer and its Affiliates with respect to, any representation, warranty, statement, document, prediction or other piece of information, written or oral, express or implied, made or provided by the Seller or any of its Affiliates, or any Representative of any of the foregoing (including any management presentation, any discussions regarding due diligence, any projections or other forecasts as to future performance, and any materials included in any “electronic data room”) in entering into this Agreement or the Ancillary Agreements or in consummating any of the transactions contemplated hereby or thereby, and the Buyer, on behalf of itself and its Affiliates, agrees that it will not bring any claim for indemnification or any Action in respect of any such representation, warranty, statement, document, prediction or other piece of information.
(b)    The Buyer acknowledges that, should the Closing occur, the Buyer will acquire the Transferred Assets on an “as is” and “where is” basis, and that the Seller and its Affiliates and its and their Representatives have made no representations or warranties with respect to the merchantability or fitness for any particular purpose of any of the Transferred Assets.

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(c)    As of the date hereof, the Buyer has no reason to believe that any of the representations or warranties made by the Seller in ARTICLE III are untrue or inaccurate in any respect.
(d)    The Buyer, its Affiliates and its and their Representatives have been provided with reasonable access to the Business and the Seller’s Representatives, properties, assets, offices, facilities, books and records relevant to the Business and the Transferred Assets, and reasonable access to all other information that the Buyer and its Affiliates have requested in connection with its and their investigation of the Business, the Transferred Assets, and the transactions provided for in this Agreement.  The Buyer is a sophisticated party and has made its own independent investigation, review and analysis regarding the Business, which investigation, review and analysis was conducted by the Buyer together with expert advisors, including legal counsel that it has engaged for such purpose.
(e)    Without limiting the generality of any of the foregoing, the Buyer understands and acknowledges that the Seller is not transferring the core systems, software, and hardware used by the Seller and the Seller Subsidiaries, nor are certain employees who operate such systems, software, and hardware transferring to the Buyer. 
(f)    Nothing in this Section 4.6 is intended to modify or limit in any respect any of the representations or warranties of the Seller contained in ARTICLE III or, in the case of subsection (e), the scope of the Transferred Assets. 

Section 4.7    Exclusivity of Representations and Warranties.  None of the Buyer nor any of its Affiliates, nor any Representative of any of the foregoing, is making any representation or warranty of any kind or nature whatsoever, written or oral, express or implied, in connection with this Agreement, the Ancillary Agreements or the transactions provided for in this Agreement or any Ancillary Agreement, except as expressly set forth in this ARTICLE IV, any certificate delivered pursuant to Section 8.1(a)(iii) or any Ancillary Agreement, and such Persons hereby expressly disclaim any such other representations or warranties.

ARTICLE V 
COVENANTS

Section 5.1    Conduct of Business Prior to the Closing.  Except as otherwise contemplated by this Agreement or as set forth in Section 5.1 of the Disclosure Schedules, between the date of this Agreement and the Closing Date, unless the Buyer shall otherwise provide its prior written consent, the Business shall be conducted only in the ordinary course of business in all material respects and/or in accordance with the Transition Strategy, and the Seller shall, and shall cause each of the Seller Subsidiaries to, use its commercially reasonable efforts to preserve in all material respects the present commercial relationships with key Persons with whom the Seller or any Seller Subsidiary deals in connection with the conduct of the Business in the ordinary course and/or as provided for in the Transition Strategy, subject to actions taken in preparation for the Closing, including the pursuit of applicable third party consents.  Without limiting the generality of the foregoing, except as otherwise contemplated by this Agreement or as set forth in Section 5.1 of the Disclosure Schedules, between the date of this Agreement and the Closing Date, without the prior written consent of the Buyer, the Seller shall not, and shall cause each of the Seller Subsidiaries not to, in connection with the Business:
(a)    sell, transfer, encumber or otherwise dispose of any Transferred Assets or any interest therein; 
(b)    sell, lease (as lessor), license (as licensor), or otherwise subject to any Encumbrance (other than Permitted Encumbrances) any Transferred Asset;
(c)    (A) (i) enter into any Contract and/or (ii) amend, modify, extend or renew existing Contracts, in each case, that would be a Material Contract if entered into prior to the date hereof, other than any such Contracts entered into, amended, modified, extended or renewed in the ordinary course of business or in a manner consistent with the Transition Strategy or (B) enter into any Contract with a customer of the Business that has rights or obligations affecting both the Business, on the one hand, and other businesses of the Seller or any of the Seller Subsidiaries, on the other hand;

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(d)    grant or announce any increase in the salaries, bonuses or other compensation payable to or benefits provided to any Business Employee proposed to be hired by the Buyer, other than (i) as required by Law, (ii) as required by any Seller Employee Plans, programs or Contracts existing on the date hereof as set forth on Section 3.9(b) of the Disclosure Schedules, (iii) for bonuses paid in the ordinary course of business or for periodic salary increases in the ordinary course of business or (iv) otherwise in the ordinary course of business; provided, that Seller shall provide Buyer with reasonably prompt notice (which notice shall be prior to the Closing) of any change in any Business Employee’s Base Compensation, Work Location and Other Employment Terms prior to the Closing; or
(e)    formally announce an intention to, or enter into any Contract to, do any of the foregoing.

Section 5.2    Collection of Accounts Receivable; Payment of Accounts Payable.
Without limiting the generality of the provisions of Section 5.1, prior to the Closing, Seller and each of the Seller Subsidiaries shall:

(a)     collect accounts receivable of the Business in the ordinary course of business, consistent with Seller’s and its Subsidiaries’ past practice with respect to the Transferred Contracts; and 
(b)    pay accounts payable of the Business in the ordinary course of business, consistent with Seller’s and its Subsidiaries’ past practice.

Section 5.3    Covenants Regarding Information.
(a)    From the date hereof until the Closing Date, upon reasonable notice, the Seller shall, and shall cause each of the Seller Subsidiaries to, afford the Buyer and its Representatives reasonable access to the bookings, billings, and collections information of the Seller and each of the Seller Subsidiaries to the extent exclusively relating to the Business; provided, however, that any such access or furnishing of information shall be conducted at the Buyer’s expense, during normal business hours, under the supervision of the personnel of the Seller or the applicable Seller Subsidiary and in such a manner as not unreasonably to interfere with the normal operations of the Seller or the applicable Seller Subsidiary and the Business. Notwithstanding anything to the contrary in this Agreement, the Seller shall not be required to disclose, or cause any of the Seller Subsidiaries to disclose, any information to the Buyer or its Representatives if the Seller determines, in its good faith discretion, that (i) such disclosure would jeopardize any attorney-client or other legal privilege, (ii) such disclosure would contravene any applicable Laws, fiduciary duty or binding agreement entered into prior to the date hereof, (iii) such information is pertinent to any litigation in which the Seller or any of its Affiliates, on the one hand, and the Buyer or any of its Affiliates, on the other hand, are engaged, (iv) such information should not be disclosed due to its competitively sensitive nature, or (v) such information relates to any Return filed by the Seller or any Affiliate thereof or any of their respective predecessor entities.
(b)    In order to facilitate the resolution of any claims made against or incurred by the Seller or any Seller Subsidiary in relation to the Business, for a period of seven years after the Closing or, if shorter, the applicable period specified in the Buyer’s document retention policy, the Buyer shall (i) retain the books and records relating to the Business relating to periods prior to the Closing and (ii) afford the Representatives of the Seller reasonable access (including the right to make, at the Seller’s expense, photocopies), during normal business hours, to such books and records.
(c)    In order to facilitate the resolution of any claims made against or incurred by the Buyer in relation to the Business, for a period of seven years after the Closing or, if shorter, the applicable period specified in the Seller’s or the applicable Seller Subsidiary’s document retention policy, the Seller shall, and shall cause each of the Seller Subsidiaries to, (i) retain the books and records relating to the Business relating to periods prior to the Closing which shall not otherwise have been delivered to the Buyer and (ii) upon reasonable notice, afford the Representatives of the Buyer reasonable access (including the right to make, at the Buyer’s expense, photocopies), during normal business hours, to such books and records to the extent exclusively relating to the Business.

Section 5.4    [Reserved].  

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Section 5.5         Notification of Certain Matters.  Until the Closing, each party hereto shall promptly notify the other party in writing of any fact, change, condition, circumstance or occurrence or nonoccurrence of any event of which it is aware that will or is reasonably likely to result in any of the conditions set forth in ARTICLE VIII becoming incapable of being satisfied.

Section 5.6    Non-Disclosure.  With the exception of disclosure permitted pursuant to Section 5.11, each of the parties shall hold, and shall cause its Representatives to hold, in confidence all documents and information furnished to it by or on behalf of the other party in connection with the transactions provided for in this Agreement pursuant to the terms of the (i) Mutual Non-Disclosure Agreement dated June 27, 2018, as amended by that certain Amendment to Mutual Non-Disclosure Agreement made as of September 24, 2018, (ii) Exclusivity Agreement dated as of September 14, 2018, and (iii) Clean Team Confidentiality Agreement, dated as of August 9, 2018, as applicable, between the Buyer and the Seller (as amended and in effect from time to time, the “Non-Disclosure Agreements”), which shall continue in full force and effect until the Closing Date, at which time the Non-Disclosure Agreements and the obligations of the parties under this Section 5.6 shall terminate; provided, however, that after the Closing Date, the Non-Disclosure Agreements shall terminate only in respect of that portion of the Information and Highly Confidential Information (as defined in the respective Non-Disclosure Agreement) to the extent exclusively relating to the Business.  If for any reason this Agreement is terminated prior to the Closing Date, the Non-Disclosure Agreements shall nonetheless continue in full force and effect in accordance with their respective terms. Additionally, Buyer hereby acknowledges and agrees that, until a customer becomes a Consented Customer (as defined in the Transition Services Agreement), Buyer shall use the Business Records and any other documentation relating to such customer solely for purposes of assignment and migration of the relevant Transferred Contract, and Buyer shall not disclose any such Business Records or other documentation to any third party except as necessary for such assignment and migration purposes.

Section 5.7    Consents and Filings; Further Assurances.
(a)    Each of the parties shall use all commercially reasonable efforts to take, or cause to be taken, all appropriate action to do, or cause to be done, all things necessary, proper or advisable under applicable Law or otherwise to consummate and make effective the transactions contemplated by this Agreement and the Ancillary Agreements as promptly as practicable, including to obtain all Consents as may be necessary or advisable for the consummation of the transactions contemplated by this Agreement and the Ancillary Agreements, in each case, subject to the provisions set forth in Section 2.5.
(b)    Without limiting the generality of the parties’ undertakings pursuant to Section 5.7(a), each party will use commercially reasonable efforts to file, as promptly as practicable after the date of this Agreement, all notices, reports and other documents required to be filed by such party with any Governmental Authority with respect to the Asset Sale and the other transactions contemplated by this Agreement, and to submit promptly any additional information requested by any such Governmental Authority.  Without limiting the generality of the foregoing, promptly after the date of this Agreement, and no later than ten Business Days following the date hereof, the parties shall cause to be prepared and filed the notifications required under HSR in connection with the Asset Sale, which shall specifically request early termination of the waiting period prescribed by HSR (and Buyer and Seller shall each use their commercially reasonable efforts to seek and obtain such early termination).  Buyer shall be responsible for all filing fees in connection with such notification.  Buyer and Seller shall respond as promptly as practicable to (i) any inquiries or requests received from the Federal Trade Commission, U.S. State Department or the Department of Justice for additional information or documentation and (ii) any inquiries or requests received from any state attorney general or other Governmental Authority in connection with national security, antitrust or related matters.  Each of the Seller and the Buyer, to the extent it has knowledge of such facts, shall (A) give the other party prompt notice of the commencement of any Action by or before any Governmental Authority with respect to the Asset Sale or any of the other transactions contemplated by this Agreement; (B) keep the other party informed as to the status of any such Action; and (C) promptly inform the other party of any communication to or from the Federal Trade Commission, the Department of Justice or any other Governmental Authority regarding the Asset Sale.  Each of the Seller and the Buyer will consult and reasonably cooperate with one another, and will consider in good faith the views of one another, in connection with any analysis, appearance, presentation, memorandum, brief, argument, opinion or proposal made or submitted by either of them in connection 

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with any Action under or relating to national security matters, HSR or any other foreign, federal or state antitrust, anticompetition or fair trade Law with respect to the Asset Sale and the other transactions contemplated by this Agreement.  In addition, except as may be prohibited by any Governmental Authority or by any applicable Law, in connection with any Action under or relating to HSR or any other foreign, federal or state antitrust, anticompetition or fair trade Law or any other similar Action relating to the Asset Sale to which either the Seller or the Buyer is a party, each of the Seller and the Buyer will permit authorized Representatives of the other to be present at each meeting or conference in connection with any such Action that is attended by a member of any Governmental Authority, and to have access to and be consulted in connection with any document, opinion or proposal made or submitted to any Governmental Authority in connection with any such Action. Notwithstanding the foregoing, either party may, as it deems advisable and necessary, reasonably designate any competitively sensitive material provided to the other party under this Section 5.7(b) as “outside counsel only.”  Such materials and the information contained therein shall be given only to the outside counsel of the recipient party, and the recipient party shall cause such outside counsel not to disclose such materials or information to any employees, officers, directors or other Representatives of the recipient party, unless express written permission is obtained in advance from the source of the materials.
(c)    Notwithstanding anything to the contrary herein, if any order is made by any Governmental Authority or any Action is threatened or instituted challenging any of the transactions contemplated by this Agreement as violative of any antitrust Law, Buyer shall, and shall cause its Affiliates to, take any and all such commercially reasonable action as may be required (i) by the applicable Governmental Authority (including the Antitrust Division of the United States Department of Justice or the Federal Trade Commission) in order to resolve such objections as such Governmental Authority may have to such transactions under such antitrust Law or (ii) by any domestic or foreign court or similar tribunal, in any suit brought by any Governmental Authority challenging the transactions contemplated by this Agreement as violative of any antitrust Law, in order to avoid the entry of, or to effect the dissolution of, any injunction, temporary restraining order or other order or decision that has the effect of materially delaying or preventing the consummation of the transactions contemplated by this Agreement; provided, however, that such commercially reasonable efforts shall not include any obligation to defend through litigation any claim asserted in court by any Person in order to avoid entry of, or to have vacated or terminated, any decree, order or judgment (whether temporary, preliminary or permanent) that would prevent the Closing by the Termination Date.
(d)    Without limiting the foregoing, each of the parties shall promptly notify the other party of any communication it or any of its Affiliates receives from any Governmental Authority relating to the matters that are the subject of this Agreement and permit the other party to review in advance any proposed communication by such party to any Governmental Authority.  Neither party to this Agreement shall agree to participate in any meeting with any Governmental Authority in respect of any filings, investigation or other inquiry unless it consults with the other party in advance and, to the extent permitted by such Governmental Authority, gives the other party the opportunity to attend and participate at such meeting.  Subject to the Non-Disclosure Agreements, the parties shall coordinate and cooperate fully with each other in exchanging such information and providing such assistance as the other party may reasonably request in connection with the foregoing.  Subject to the Non-Disclosure Agreements, the parties shall provide each other with copies of all correspondence, filings or communications between them or any of their Representatives, on the one hand, and any Governmental Authority or members of its staff, on the other hand, with respect to this Agreement and the transactions provided for in this Agreement.
(e)    Notwithstanding anything in this Agreement to the contrary, no party shall be required in connection with obtaining a Consent under any Transferred Contract of any third Person that is not a Governmental Authority to agree to the payment of any consideration (monetary or otherwise) to, or the concession or provision of any right to, or the amendment or modification in any manner adverse to the Seller or the Buyer or any of their respective Affiliates of such Transferred Contract with, any such third Person. Notwithstanding anything in this Agreement to the contrary, in no event will Buyer be obligated to propose or agree to accept any undertaking or condition, to enter into any consent decree, to make any divestiture, to accept any operational restriction, or take any other action that, in the reasonable judgment of Buyer, could reasonably be expect to limit the right of Buyer to own or operate all or any portion of its businesses or assets or the Transferred Assets. 

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Section 5.8    Use of Trademarks.  The Seller is not conveying ownership rights or granting the Buyer or any Affiliate of the Buyer a license to use any of the Trademarks or domain names of the Seller or any of its Affiliates (including the following Trademarks and any variations or derivations thereof: “VeriSign”, “Verisign”, “VeriSign Security Services”, “Verisign Security Services,” “Powered by Verisign,” or “Powered by VeriSign,” or any Trademark or domain name incorporating the name “VeriSign” or “Verisign”).  In the event the Buyer or any Affiliate of the Buyer violates any of Seller’s trademark rights, the Seller may proceed against it in law or in equity for such damages or other relief as a court may deem appropriate. The Buyer acknowledges that such violation may cause the Seller and its Affiliates irreparable harm which may not be adequately compensated for by money damages.  The Buyer therefore agrees that in the event of any actual or threatened violation of Seller’s trademark rights, the Seller shall be entitled, in addition to other remedies that it may have, to a temporary restraining order and to preliminary and final injunctive relief against the Buyer or such Affiliate of the Buyer to prevent any violations of such rights.

Section 5.9    Wrong Pockets.  After the Closing: (a) if the Seller or any of its Affiliates receives or otherwise discovers it is in possession of any asset that is a Transferred Asset, the Seller promptly shall remit, or shall cause to be remitted, such asset to the Buyer and (b) if the Buyer or any of its Affiliates receives or otherwise discovers that it is in possession of any asset that is an Excluded Asset, the Buyer promptly shall remit, or shall cause to be remitted, such asset to the Seller.

Section 5.10    Bulk Transfer Laws.  The Buyer hereby waives compliance by the Seller with the provisions of any so-called “bulk transfer” or “bulk sales” laws of any jurisdiction in connection with the sale of the Transferred Assets to the Buyer.

Section 5.11    Public Announcements.  From and after the date hereof, neither party shall issue any press release or make any public statement with respect to this Agreement or the transactions provided for in this Agreement without first obtaining the other party’s written approval, except that no such approval shall be necessary to the extent disclosure is required by applicable Law or any listing agreement of any party hereto; provided that prior to issuing any press release regarding this Agreement or the transactions contemplated hereby, it shall (to the extent reasonably practicable and permitted by applicable Law) provide the other party with prior notice and an opportunity to comment on any such press release (and consider in good faith such comments), other than any press release issued by Seller following the initial earnings press release following the date hereof and after the Closing Date that does not materially deviate from Seller’s initial earnings press release (provided that, with respect to respect to such initial earnings press release, Seller shall only be obligated to provide Buyer with prior notice of and an opportunity to comment on (and consider in good faith such comments to) the portion of such press release relating to the transactions provided for in this Agreement).

Section 5.12    Communications with Customers and Suppliers.  Prior to the Closing, the parties shall reasonably cooperate with each other in coordinating their communications with any customer, supplier or other contractual counterparty of the Business in relation to the transactions provided for in this Agreement and by the Ancillary Agreements.  Prior to the Closing, without the prior written consent of the Seller, the Buyer shall not, and shall cause its Affiliates and its and their Representatives not to, contact or otherwise engage in any communications with any customer, supplier or other contractual counterparty of the Business.

Section 5.13    Corporate Insurance.  The Buyer acknowledges that the policies and insurance coverage maintained on behalf of the Business are part of the corporate insurance program maintained directly or indirectly by the Seller (such policies, the “Corporate Policies”), and, after the Closing, such coverage will not be available to the Business or the Buyer or any Buyer Subsidiary.  In furtherance of the foregoing, after the Closing, the Buyer shall not, and shall cause its Affiliates not to, bring any claim for recovery under any of the Corporate Policies, even if such Person may be so entitled in accordance with the terms of such Corporate Policies.  

Section 5.14    Further Assurances. Subject to Section 2.5, each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as the other party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.

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Section 5.15    Non-Competition.
(a)    For a period of thirty-six (36) months following the Closing Date (such period, the “Restrictive Period”), the Seller hereby covenants and agrees that the Seller shall not, and shall cause its Subsidiaries (together with Seller, “Seller Restricted Entities”) to not, engage in any Restricted Business (as defined below) in the United States or any non-U.S. jurisdiction where Seller Restricted Entities engaged in any Restricted Business during the twelve (12) month period prior to the Closing.
(b)    For the avoidance of doubt and notwithstanding anything to the contrary in Section 5.15(a) or otherwise, nothing prevents a Seller Restricted Entity from performing activities that are not restricted by Section 5.15(a) or that are otherwise set forth below:

(i)    operating any new or existing business of any Seller Restricted Entity (other than a Restricted Business in a jurisdiction restricted by Section 5.15(a));
(ii)    utilizing, developing, testing, incorporating, licensing or otherwise providing services (including the services of a Restricted Business): (a) to domain name system (“DNS”) participants, including the Internet Corporation for Assigned Names and Numbers (“ICANN”), root server operators, recursive name server operators, registries, registrars, registrants, second level domain name operators, and resellers (the “Registry Services Business”); and (b) or otherwise carrying out any activity as a result of: (A) the adoption of any “Consensus Policy,” “Temporary Policy,” or “Specification,” or other unilateral requirement, by ICANN, or (B) any requirement of any Governmental Authority, including the United States Department of Commerce;  
(iii)    engaging in a Restricted Business in any location solely for a Seller Restricted Entity’s internal operations;
(iv)    utilizing, licensing, developing, testing, incorporating or otherwise providing public recursive DNS services or Seller’s recursive service known as “Recursive DNS Basic Service”, in each case, as offered by Seller as of the Closing Date or in the future;
(v)    purchasing or otherwise acquiring by merger, purchase of assets, stock or controlling interest or otherwise any Person or business the acquisition of which would otherwise cause non-compliance with Section 5.15(a) (such acquired Person or business, the “Acquired Entity”), and continue the operations of such Person or business following such acquisition, so long as:
(A)    the applicable Seller Restricted Entity divests or enters into an agreement to divest (subject only to the satisfaction of customary closing conditions), within 12 months after such acquisition, the portion (if any) of such Acquired Entity that would otherwise cause non-compliance with Section 5.15(a) (or the Restrictive Period would otherwise end within such 12 month period); 
(B)    the activities of such Acquired Entity that would cause non-compliance with Section 5.15(a) constitute a De Minimis Business (as defined below); or
(vi)    engaging in any business restricted in Section 5.15(a) that is carried on by any Person that acquires any equity securities or assets of the Seller or any Seller Subsidiaries after the date of this Agreement, provided, however, that such Person was not an Affiliate of a Seller Restricted Entity as of immediately prior to the Closing Date;
(vii)    acquiring, owning or managing (through a mutual fund, employee benefit plan, trust not for the benefit of any Seller Restricted Entity or similar investment pool or vehicle) any class of securities of any Person regardless of whether such Person engages in a Restricted Business; 

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(viii)    with respect to any Person engaged in a Restricted Business prohibited under Section 5.15(a), holding or making investments with a non-controlling interest in any such Person, whether through ownership of voting securities or by contract; or
(ix)    taking any action necessary to comply with orders or requests from law enforcement or Governmental Authorities.
(c)    For the avoidance of doubt, nothing in Section 5.15(a) shall restrict Seller or its Affiliates from performing services (i) for any customer of the Business as of the Closing Date through the time such customer consents to the assignment of its Contract to the Buyer and migrates to Buyer’s technology platform or (ii) pursuant to the Transition Services Agreement.
(d)    If any Subsidiary of the Seller ceases to be a Subsidiary of the Seller, the restrictions set forth in Section 5.15(a) shall thereafter no longer apply to such Subsidiary.
(e)    Each of the Seller and the Buyer acknowledges that (i) the Seller and the Seller Subsidiaries have expended, and following the Closing, the Buyer and its Affiliates will continue to expend, substantial amounts of time, money and effort to develop business strategies, employee and customer relationships and goodwill of the Business; (ii) the restrictions contained in this Section 5.15 (and Section 5.16) are reasonable and necessary to protect the legitimate interests of the Seller and the Buyer; (iii) the restrictions contained in this Section 5.15 (and Section 5.16) are reasonable with respect to duration, geographic area and scope; and (iv) any breach by the Seller or any Seller Restricted Entity or the Buyer or any Buyer Restricted Entity (any of the foregoing, as used in this clause (iv), a “Breaching Entity”) of any of the restrictions contained in this Section 5.15 (and Section 5.16) may result in irreparable harm and damages that may not be adequately compensated by a monetary award, and further that such potential harm outweighs the potential harm to any such Breaching Entity of the enforcement of the restrictions contained in this Section 5.15 (or Section 5.16), and accordingly, each of the Seller (in the event the Breaching Entity is the Buyer or a Buyer Restricted Entity) and the Buyer (in the event the Breaching Entity is the Seller or a Seller Restricted Entity) will be entitled to seek injunctive or other equitable relief to prevent or redress any such breach. 
(f)    For purposes of this Section 5.15 (and, as applicable, Section 5.16), the following terms shall have the following meanings:
“De Minimis Business” means, with respect to any Acquired Entity, any business unit, division or product line the annual revenues of which (A) account for less than 20% of the annual gross revenues of such Acquired Entity, measured using the last full fiscal year of such Acquired Entity and (B) are less than $10,000,000. 
“Restricted Business” means any business offering that: (a) provides a fee-based, standalone DDoS Protection Service; fee-based, standalone Managed DNS Service; fee-based, standalone Recursive DNS Service (other than Seller’s Public Recursive DNS Service or Recursive DNS Basic Service); or fee-based, standalone DNS Firewall Service and that, in each case, is substantially similar to the services offered pursuant to the Transferred Contracts during the twelve (12) month period immediately prior to the Closing (collectively, for the purposes of this Section 5.15, the “Services”); or (b) is comprised solely of two or more of the Services. 

Section 5.16    Non-Solicitation.
(a)    As an inducement for the Seller to enter into this Agreement and to consummate the Asset Sale, for a period of twelve (12) months following the Closing Date, the Seller shall not, and shall cause Seller Subsidiaries not to, on its or their own behalf or in coordination with or on behalf of others, and in any form or manner whatsoever, solicit, recruit or hire any Transferred Employee or any employee of Buyer or any of its Subsidiaries who became known to Seller or with whom Seller interfaced in connection with the Asset Sale; provided, however, that the foregoing shall not prohibit (A) a general solicitation to the public of general advertising or similar methods of solicitation by search firms not specifically directed at such employees, or (B) any Seller Restricted Entity from 

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soliciting or recruiting or subsequently hiring any such employee who was solicited or recruited six or more months following the cessation of employment of such employee by the Buyer or any of its Affiliates.
(b)    As an inducement for the Seller to enter into this Agreement and to consummate the Asset Sale, for a period of twelve (12) months following the Closing Date, the Buyer shall not, and shall cause each of its Subsidiaries (the Buyer and its Subsidiaries collectively, the “Buyer Restricted Entities”) not to, on its or their own behalf or in coordination with or on behalf of others, and in any form or manner whatsoever, solicit, recruit or hire any employee of Seller or a Seller Subsidiary who became known to Buyer or with whom Buyer interfaced in connection with the Asset Sale (other than any Business Employee who does not become a Transferred Employee); provided, however, that the foregoing shall not prohibit (A) a general solicitation to the public of general advertising or similar methods of solicitation by search firms not specifically directed at any such employees, or (B) any Buyer Restricted Entity from soliciting or recruiting or subsequently hiring any such employee six or more months following the termination of employment of such employee by the Seller or any of its Affiliates.
(c)    If any Subsidiary of the Seller or Buyer ceases to be a Subsidiary of the Seller or Buyer, as applicable, the restrictions set forth in this Section 5.16 shall thereafter no longer apply to such Subsidiary.

ARTICLE VI 
EMPLOYEE MATTERS

Section 6.1    Offers and Terms of Employment.  
(a)    The Seller shall terminate, effective as of the Closing Date, the employment of each of the Business Employees listed in Section 6.1(a)(i) of the Disclosure Schedules (each such Business Employee, a “U.S. Offeree”), but shall not terminate the employment of the Business Employees listed in Section 6.1(a)(ii) of the Disclosure Schedules (each such Business Employee, a “U.K. Employee”) (the transfer of such U.K. Employees being instead subject to the provisions of Section 6.7); provided, however, that Seller shall not terminate the employment of Inactive Business Employees until such Inactive Business Employee presents themselves to Buyer for active employment (or it is determined that such Inactive Business Employee will not return to active employment within six (6) months of the Closing Date or such earlier date with respect to which any reemployment rights they may have cease). No later than three days prior to, and effective as of, the commencement of business on the Closing Date, the Buyer shall, or shall cause a Buyer Subsidiary to, offer employment to each U.S. Offeree, such employment to be deemed to commence as of 12:01 AM, Eastern Time, on the Closing Date; provided, however, offers of employment to Inactive Business Employees shall be contingent on each such Inactive Business Employee presenting himself/herself to Buyer for active employment within six months of the Closing (or such later date with respect to which the Inactive Business Employee has reemployment rights under applicable law) and the effective date of Inactive Business Employees’ employment with Buyer shall be the date such Inactive Business Employee commences active employment with Buyer.  Each such offer of employment shall be in writing and a copy of the form thereof shall be provided to the Seller for the Seller’s reasonable review and comment at least five Business Days prior to the date it is distributed to the applicable U.S. Offeree.  Each U.S. Offeree who accepts his or her offer of employment and commences employment with Buyer shall be referred to herein as a “Transferred U.S. Employee”.  A U.S. Offeree who performs work at his or her then applicable place of employment in the Business on the first Business Day immediately following the Closing Date shall be deemed for all purposes of this Agreement to have accepted the offer of employment and to be a Transferred U.S. Employee for all purposes of this Agreement.  The Buyer shall provide written notice to the Seller not later than two Business Days following receipt of any acceptance or declination of employment by any U.S. Offeree.  
(b)    The Buyer shall cause each offer of employment pursuant to Section 6.1(a) to provide for (x) an annual salary or hourly wage rate, as applicable (such U.S. Offeree’s “Base Compensation”), that is substantially comparable to such U.S. Offeree’s Base Compensation immediately prior to the Closing Date and (y) a work location (a “Work Location”) not more than 20 miles from the U.S. Offeree’s Work Location immediately prior to the Closing Date. The Buyer shall cause each offer of employment pursuant to Section 6.1(a) to provide for (i) annual bonus and cash incentive compensation opportunities (but not equity or equity-linked incentives) and (ii) employee benefits (excluding equity based arrangements) (items (i) and (ii) collectively, the “Other 

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Employment Terms”) that are substantially comparable, in the aggregate, to the Other Employment Terms of the U.S. Offeree immediately prior to the Closing Date. 
(c)    During the one-year period immediately following the Closing Date or any longer period required by applicable Law (such period, the “Coverage Period”), the Buyer shall, and shall cause each Buyer Subsidiary that employs a Transferred U.S. Employee to, continue to provide each Transferred U.S. Employee with such Base Compensation, Work Location and Other Employment Terms that are no less favorable to such Transferred U.S. Employee than those required to be initially provided to such Transferred U.S. Employee by the Buyer or the applicable Buyer Subsidiary pursuant to this Section 6.1.
(d)    With respect to any Transferred U.S. Employee who, during the Coverage Period, (i) is terminated without cause or (ii) elects to terminate his or her employment with the Buyer or a Buyer Subsidiary within thirty days after the Buyer or such Buyer Subsidiary notifies such Transferred U.S. Employee of the Buyer’s or such Buyer Subsidiary’s intent to (A) reduce such Transferred U.S. Employee’s Base Compensation or (B) assign such Transferred U.S. Employee to a Work Location more than 20 miles from the Transferred U.S. Employee’s Work Location immediately prior to the Closing Date, the Buyer shall provide, or shall cause the applicable Buyer Subsidiary to provide, severance benefits in an amount equal to no less than the severance benefits such Transferred U.S. Employee would be entitled to receive under the Buyer’s or such Buyer Subsidiary’s severance policies in effect at the time of the Transferred U.S. Employee’s termination of employment with the Buyer or such Buyer Subsidiary.  
(e)    If any Transferred U.S. Employee requires a visa, work permit or employment pass or other approval for his or her employment to commence with the Buyer or any Buyer Subsidiary following the Closing Date, the Buyer shall, or shall cause the applicable Buyer Subsidiary to, promptly file any and all necessary applications or documents and shall take, or cause the applicable Buyer Subsidiary to take, all actions (and bear, or cause the applicable Buyer Subsidiary to bear, any related fees and costs) needed to secure the necessary visa, permit, pass or other approval in advance of the Closing Date, and the Seller shall provide such assistance as reasonably requested by the Buyer in connection therewith.

Section 6.2    Allocation of Liabilities.
(a)    Effective from and after the Closing, the Buyer shall, or shall cause one or more of the Buyer Subsidiaries to, be solely responsible for all employment and employee benefits-related Liabilities solely to the extent that such Liabilities arise on or after the Closing Date and that relate to the employment of any Transferred U.S. Employee by Buyer or any Buyer Subsidiary, and neither the Seller nor any Seller Subsidiary shall have any Liability with respect to any such Transferred U.S. Employee (or any dependent or beneficiary of such Transferred U.S. Employee) that relates to such Transferred U.S. Employee’s employment with the Buyer or any Buyer Subsidiary.
(b)    From and after the Closing, the Seller shall be, or shall cause one or more of the Seller Subsidiaries to be, solely responsible for any and all Liabilities arising in connection with any actual or threatened claim by any Transferred U.S. Employee that his or her employment in connection with the Business or otherwise with the Seller or any Seller Subsidiary was, as of the Closing Date (or, with respect to Inactive Business Employees, such later date such Inactive Business Employees terminate employment from Seller or any Seller Subsidiary), actually or constructively terminated as a direct or indirect result of or otherwise in connection with the consummation of the transactions contemplated by this Agreement, provided that Buyer shall be solely responsible for any Liabilities arising in connection with (i) the failure of Buyer or an Affiliate thereof to comply with applicable Law or Buyer’s obligations, in connection with the providing of offers or hiring of Business Employees as required under this Article VI; (ii) the revocation of an offer of employment to a Business Employee by Buyer or an Affiliate thereof prior to Closing; or (iii) the termination of employment of a Transferred U.S. Employee by Buyer or an Affiliate thereof following the Closing. 
(c)    The Buyer agrees that it shall be solely responsible for satisfying the continuation coverage requirements of Section 4980B of the Code for all Transferred U.S. Employees (and their spouses and dependents) who are “M&A qualified beneficiaries”, as such term is defined in Treasury Regulation 54.4980B-9.

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(d)    Except with respect to any Liabilities that automatically transfer to the Buyer or any Buyer Subsidiary pursuant to applicable Law, or as otherwise provided in this ARTICLE VI, effective from and after the Closing Date, the Seller and the Seller Subsidiaries shall remain responsible for any and all employment and employee benefits-related Liabilities of the Seller, any Seller Subsidiary or any Seller Employee Plan incurred or arising out of a period ending on or prior to the Closing Date in respect of any current or former Business Employee (or any dependent or beneficiary of such Business Employee), including any accrued commissions.
(e)    Buyer shall pay, or cause to be paid, on behalf of Seller, retention bonuses to certain of the Transferred Employees within thirty (30) days of the start date of the applicable Transferred Employee’s employment with Buyer or Buyer’s Subsidiary, as applicable, in the amounts set forth in Schedule 6.2(e) (any payments due thereunder, the “Retention Bonuses”), less any required employee withholding (the “Withholding Amount”).  The payment of the Retention Bonuses shall require any Transferred Employee who terminates his or her employment with Buyer (other than for a position elimination) within twelve (12) months of Closing to repay the full amount of his or her retention bonus to Buyer, and Buyer will remit any such repaid funds to Seller within ten (10) Business Days to an account designated in writing by Seller.  As and when such Retention Bonuses are paid to the relevant Transferred Employees, Buyer will provide written notice thereof to Seller setting forth (i) the Retention Bonus amounts paid to the relevant Transferred Employees, inclusive of the Withholding Amount, and (ii) the employer portion of any payroll, social security, unemployment or similar employer-side Tax imposed on such amounts (collectively, the “Aggregate Bonus Amount”), together with any information reasonably necessary for Seller to confirm such amounts.  Within five (5) Business Days following delivery of such notice, Seller shall pay to Buyer, by wire transfer of immediately available funds to an account designated in writing by Buyer, the Aggregate Bonus Amount, with any disputes as to the Aggregate Bonus Amount to be addressed pursuant to the dispute resolution provisions of this Agreement.

Section 6.3    Participation in Buyer Employee Plans.
(a)    Effective as of the Closing Date, except as otherwise provided in this ARTICLE VI, each Transferred U.S. Employee shall cease to participate in any Seller Employee Plan (other than as a former employee of the Seller or any Seller Subsidiary to the extent, if any, permitted by the terms of such Seller Employee Plan).  Effective from and after the Closing, the Buyer shall, or shall cause one or more of the Buyer Subsidiaries to, establish or have in effect Buyer Employee Plans for the benefit of the Transferred U.S. Employees (and their dependents and beneficiaries) in accordance with the requirements of this ARTICLE VI and the Transferred U.S. Employees’ respective offers of employment or continuations of employment, as applicable.
(b)    From and after the Closing Date and to the extent permitted by the terms of the applicable Buyer Employee Plans, the Buyer shall, or shall cause one or more of the Buyer Subsidiaries to, recognize the service of each of the Transferred U.S. Employees prior to the Closing Date with the Seller or any applicable Seller Subsidiary and any of their respective predecessors as service with the Buyer or the applicable Buyer Subsidiary for eligible and vesting purposes (other than vesting of future equity awards) and for purposes of determining future vacation and paid time off accruals and severance amounts under the Buyer Employee Plans to the extent such service was recognized under the Seller Employee Plans immediately prior to the Closing Date, except to the extent the recognition of such service would result in the duplication of benefits for the same period of service.  Buyer shall use commercially reasonable efforts to cause each Transferred U.S. Employee to be immediately eligible to participate, without any waiting time, in any and all Buyer Employee Plans (to the extent such Transferred U.S. Employee participated under a similar Seller Employee Plan immediately prior to the Closing Date).  With respect to any Buyer Employee Plan that is a medical, dental or other health plan, the Buyer shall, or shall cause one or more of the Buyer Subsidiaries to, use commercially reasonable efforts to (a) waive or cause to be waived any pre-existing condition exclusions and requirements that would result in a lack of coverage of any pre-existing condition of a Transferred U.S. Employee (or any dependent thereof) that would have been covered under the Seller Employee Plan in which such Transferred U.S. Employee (or eligible and enrolled dependent thereof) was a participant immediately prior to the Closing Date, and credit or cause to be credited any time accrued against applicable waiting periods relating to such pre-existing condition, (b) ensure that any medical, dental or other health expenses incurred by a Transferred U.S. Employee (or family member thereof) in the calendar year that includes the Closing Date are recognized for purposes of calculating any deductible, co-payment, out-of-pocket maximum, benefit limitations 

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or similar provisions for such calendar year under the Buyer Employee Plans and (c) waive any health eligibility, actively-at-work or medical examination requirements under the Buyer Employee Plans (to the same extent such requirements were otherwise met or waived under the similar Seller Employee Plan immediately prior to the Closing Date).  
(c)    As soon as reasonably practicable following the Closing, Seller shall pay and settle all accrued and unused vacation of the Transferred U.S. Employees as of the Closing Date in accordance with the books and records of Seller, in accordance with applicable Law and the terms of the relevant Seller Employee Plan, but regardless of whether accrued and unused vacation is normally paid out upon termination of employment by Seller.
(d)    Seller shall take such actions as are necessary to fully vest each Transferred U.S. Employee in such Transferred U.S. Employee’s accounts under Seller’s tax-qualified 401(k) plan and shall allow such Transferred U.S. Employee to rollover such Transferred U.S. Employee’s account balance (excluding notes associated with plan loans). The Buyer agrees to cause its tax-qualified defined contribution plan for U.S. employees to allow each Transferred U.S. Employee who has one or more account balances in the Seller’s tax-qualified 401(k) plan to make a “direct rollover” of such account balances from the Seller’s defined contribution plan if such Transferred U.S. Employee elects to make such a rollover.  

Section 6.4    WARN Act Compliance.  The Buyer agrees to provide any required notice under the Worker Adjustment and Retraining Notification Act, as amended (the “WARN Act”), and any similar Law, including any state or local Law substantially similar to the WARN Act, and to otherwise comply with the WARN Act and any such other similar Law with respect to any “plant closing” or “mass layoff” (as defined in the WARN Act) or group termination or similar event affecting Transferred U.S. Employees (including as a result of the consummation of the transactions contemplated by this Agreement) and occurring from and after the Closing.  The Seller shall comply with the WARN Act or any similar Law with respect to any “plant closing” or “mass layoff” (as defined in the WARN Act) or group termination or similar event affecting Business Employees and occurring prior to the Closing.  During the 90-day period immediately following the Closing, the Buyer agrees not to take, and to cause each of the Buyer Subsidiaries not to take, any action that would, individually or in the aggregate, cause the termination of any Business Employee that occurs on or before the Closing Date to constitute a “plant closing” or “mass layoff” or group termination under the WARN Act or any similar Law, or create any Liability or penalty to the Seller or any Seller Subsidiary for any employment terminations under applicable Law.  On the Closing Date, the Seller shall notify the Buyer of any “employment loss” (as that term is defined in the WARN Act) of any Business Employees in the 90-day period prior to the Closing.

Section 6.5    No Amendments or Third-Party Beneficiaries.
(a)    Nothing contained in this Agreement shall (i) constitute or be deemed to be an amendment to any Buyer Employee Plan or Seller Employee Plan or (ii) require the Buyer to amend, modify, affect, or terminate any Buyer Employee Plan (other than as may be required to reflect the obligations of the Buyer set forth in Section 6.3).
(b)    The provisions of this Section 6.5 are for the sole benefit of the parties to this Agreement and nothing herein, express or implied, is intended or shall be construed to confer upon or give to any Person (including for the avoidance of doubt any Business Employee), other than the parties hereto and their respective permitted successors and assigns, any legal or equitable or other rights or remedies (with respect to the matters provided for in this Section 6.5) under or by reason of any provision of this Agreement.

Section 6.6    Tax Filing and Payment Obligations.  The Buyer and the Seller hereby agree to use the “alternate procedure” described in Section 5 of IRS Revenue Procedure 2004-53, 2004-2 C.B. 320, with respect to the Seller’s Tax filing and payment obligations relating to the Business and the Transferred U.S. Employees.

Section 6.7    U.K. Employees.
(a)    The parties intend and acknowledge that the transactions provided for in this Agreement will constitute a transfer to which the Transfer of Undertakings (Protection of Employees) Regulations (“TUPE”) apply, and agree that, as a consequence, the respective employment contracts made between the Seller and each 

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U.K. Employee shall have effect from and after the Closing Date as if originally made between the Buyer and each such U.K. Employee.
(b)    From the date hereof to the Closing Date, the Buyer and the Seller shall comply with its obligations under Regulation 13 of TUPE in respect of the U.K. Employees.
(c)    From and after the Closing, the Buyer shall save, defend, indemnify and hold harmless the Seller and the Seller Subsidiaries from and against any losses, damages, Liabilities, deficiencies, claims, interest, awards, judgments, penalties, costs and expenses (collectively, “Losses”) to the extent arising out of or resulting from:
(i)    any failure by the Buyer to comply with its obligations under Regulation 13 of TUPE, or any award of compensation under Regulation 15 of TUPE, excluding, in each case, any such failure in respect of, or any such award that relates to, any Excluded U.K. Employee;
(ii)    any claim or demand by any U.K. Employee (whether in contract, tort, under statute, pursuant to European law or otherwise) from any act, fault or omission of the Buyer occurring before, on, or after the Closing Date; or
(iii)    any claim (including any individual employee entitlement under or consequent on such a claim) by any trade union or other body or Person representing the U.K. Employees arising from or connected with any failure by the Buyer to comply with any legal obligation to such trade union, body or Person that relates to the U.K. Employees (and excluding any such claim that relates to any Excluded U.K. Employee).
(d)    From and after the Closing, Seller shall indemnify and hold harmless Buyer and its Subsidiaries from and against any Losses to the extent arising out of or resulting from any failure by the Seller or any Seller Subsidiary to comply with its obligations under TUPE in relation to a failure to inform and consult prior to the Closing, including any award of compensation under Regulation 15 of TUPE, expect where such failure is directly caused by the Buyer or any of its Subsidiaries (including any failure by the Buyer to comply with Regulation 13(4) of TUPE).  
(e)    If any contract of employment of an Excluded U.K. Employee is deemed or alleged to have effect as if originally made between the Buyer or an Affiliate thereof and such person, or any liability regarding the employment of an Excluded U.K. Employee is deemed or alleged to have transferred to the Buyer or an Affiliate thereof as a result of the provisions of TUPE and this Agreement:
(i)    the Buyer shall, within 5 Business Days of becoming aware of the application or alleged application of TUPE to any such contract or liability notify Seller in writing that such employment contract is deemed or alleged to have effect as if originally made between such Excluded U.K. Employee and the Buyer or an Affiliate thereof;
(ii)    subject to compliance with Section 6.7(e)(i), the Buyer may terminate any relevant Excluded U.K. Employee’s employment within 5 Business Days of notifying Seller under Section 6.7(e)(i); and
(iii)    Seller shall save, defend indemnify and hold harmless Buyer and its Subsidiaries from and against any Losses to the extent arising out of or resulting from the termination in relation to such contractual notice period as is required to terminate the employment of such Excluded U.K. Employee and, in relation to any such Excluded U.K. Employee whose employment is terminated in accordance with Section 6.7(e)(ii), any Losses arising out of or resulting from such Excluded U.K. Employee’s employment prior to and from Closing until the termination date (or, if shorter, until the period of 12 weeks from Closing) in accordance with Section 6.7(a)(ii).  The Buyer shall (X) use reasonable endeavors to minimize any Losses in respect of which Buyer is indemnified pursuant to this Section 6.7(e)(iii); (Y) comply with all reasonable instructions from Seller with a view to minimizing any Losses in respect of which Buyer is indemnified pursuant to this Section 6.7(e)(iii); and (Z) promptly provide Seller with all information reasonably and lawfully requested in order to enable Seller to give instructions as envisaged by Section 6.7(e)(iii), and the Buyer shall not be indemnified pursuant to this Section 6.7(e)(iii) in respect of any Losses to the extent that (but only to the extent that) any Losses are directly caused by any failure of the Buyer to comply with the obligations set forth in (X), (Y) or (Z).

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(f)    In the event that TUPE is deemed not to apply to the transactions contemplated hereby, the parties agree that the provisions of this ARTICLE VI shall apply to the U.K. Employees as if such U.K. Employees were U.S. Offerees (except to the extent such provisions could not be applied due to differences in applicable Law).  For purposes of this Agreement, the term “Transferred Employees” means, collectively, (i) the Transferred U.S. Employees and (ii) the U.K. Employees who are employed by the Buyer or a Buyer Subsidiary after the Closing, whether by operation of TUPE or pursuant to the terms of this Section 6.7(e)(i).  

ARTICLE VII 
TAX MATTERS

Section 7.1    Transfer Taxes.  The Buyer and the Seller shall each be responsible for and pay for, fifty percent (50%) of any and all Transfer Taxes imposed in connection with, this Agreement and each of the Ancillary Agreements and the transactions contemplated hereby and thereby.  In the event that any such Transfer Taxes are required under applicable Law to be collected, remitted or paid by the Seller or any of the Seller Subsidiaries or any agent thereof, on the one hand, or Buyer, on the other hand, the other party shall pay fifty percent (50%) of such Transfer Taxes to the responsible party, as applicable, at the Closing or thereafter, as applicable, as requested by the responsible party. Notwithstanding the foregoing, all payments due to the Sellers shall be made without any deduction or withholding on account of any Taxes, except as required by a change in applicable Law after the date hereof, in which case the Buyer shall deduct such required amounts and remit them to the appropriate taxing authority, and such withheld amounts shall be treated as paid to Sellers for all purposes under this Agreement; provided that, at least twenty (20) Business Days prior to making any such deduction or withholding, Buyer shall notify the Sellers in writing of the amount and basis of such deduction and withholding and shall cooperate in good faith with the Sellers to use reasonable efforts identified by the Sellers to eliminate or mitigate any such requirement to deduct or withhold to the extent permitted by applicable Law.  The Seller shall prepare and timely file all Returns required to be filed in respect of any and all Transfer Taxes, provided that the Buyer shall prepare any such Returns that are the primary responsibility of the Buyer under applicable Law.  The preparation of any such Returns shall be subject to the other party’s approval, which approval shall not be unreasonably withheld, conditioned or delayed.

Section 7.2    Tax Characterization of Adjustments.  The Seller and the Buyer agree to treat, and cause their respective Affiliates to treat, for Tax purposes any indemnification payment made pursuant to this Agreement or any of the Ancillary Agreements as an adjustment to the Purchase Price, unless otherwise required by a change in Law occurring after the date hereof, a closing agreement with an applicable Governmental Authority or a final non-appealable judgment of a court of competent jurisdiction.

Section 7.3    Certain Apportionments.  The Seller, or a relevant Seller Subsidiary, as applicable, is and shall remain solely responsible for and pay for all Taxes arising from or relating to the Transferred Assets and the Business for all periods ending on or prior to the Closing Date.  The Buyer, or a relevant Buyer Subsidiary, as applicable, shall be solely responsible for and pay for all Taxes arising from or relating to the Transferred Assets and the Business for all periods ending after the Closing Date.  For purposes of determining the Liability of the Seller and the Seller Subsidiaries and the Buyer and the Buyer Subsidiaries for Taxes with respect to the Transferred Assets or the Business, the amount of any Taxes based on or measured by income or receipts of the Business for the portion of the Straddle Period up to and through the Closing Date shall be determined based on an interim closing of the books as though the Taxable period of the Seller, or a relevant Seller Subsidiary, as applicable, ended on the Closing Date. The amount of other Taxes of the Business for the portion of the Straddle Period up to and through the Closing Date shall be deemed to be the amount of such Tax for the entire Straddle Period multiplied by a fraction, the numerator of which is the number of days in the Straddle Period ending on and including the Closing Date and the denominator of which is the number of days in such Straddle Period.

ARTICLE VIII 
CONDITIONS TO CLOSING

Section 8.1    Conditions to Obligations of the Seller.  The obligation of the Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions, any of which may, to the extent permitted by applicable Law, be waived in writing by the Seller in its sole discretion:

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(a)    Representations, Warranties and Covenants.  
(i)    The representations and warranties of the Buyer contained in ARTICLE IV shall be true and correct as of the date hereof and as of the Closing Date as though made on the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), except where the failure to be so true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) would not, individually or in the aggregate, reasonably be expected to have a Buyer Material Adverse Effect.
(ii)    The Buyer shall have performed in all material respects all obligations and agreements and complied in all material respects with all covenants and conditions required by this Agreement to be performed or complied with by it prior to or at the Closing.  
(iii)    The Seller shall have received from the Buyer a certificate, dated as of the Closing Date, certifying as to the matters set forth in the preceding clauses (i) and (ii), signed by a duly authorized officer of the Buyer.
(b)    No Injunctions or Restraints.  No Governmental Authority shall have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) that is then in effect and that enjoins, restrains, makes illegal or otherwise prohibits the consummation of the transactions contemplated by this Agreement, and the waiting period applicable to the consummation of the Asset Sale under HSR shall have expired or been terminated.

Section 8.2    Conditions to Obligations of the Buyer.  The obligation of the Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions, any of which may, to the extent permitted by applicable Law, be waived in writing by the Buyer in its sole discretion:
(a)    Representations, Warranties and Covenants.  
(i)    (A) The representations and warranties of the Seller contained in Section 3.1, Section 3.2, Section 3.3(a)(i) and Section 3.15 (collectively, the “Fundamental Representations”) shall be, except for any de minimis inaccuracies, true and correct as of the date hereof and as of the Closing Date as though made on the Closing Date (except to the extent such Fundamental Representations expressly relate to an earlier date, in which case as of such earlier date), and (B) each of the other representations and warranties of the Seller contained in ARTICLE III shall be true and correct as of the date hereof and as of the Closing Date as though made on the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), except, in the case of this clause (B), where the failure to be so true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.  
(ii)    The Seller shall have performed in all material respects all obligations and agreements and complied in all material respects with all covenants and conditions required by this Agreement to be performed or complied with by it prior to or at the Closing.  
(iii)    The Buyer shall have received from the Seller a certificate, dated as of the Closing Date, certifying as to the matters set forth in the preceding clauses (i) and (ii), signed by a duly authorized officer of the Seller.
(b)    No Injunctions or Restraints.  No Governmental Authority shall have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) that is then in effect and that enjoins, restrains, makes illegal or otherwise prohibits the consummation of the transactions contemplated by this Agreement, and the waiting period applicable to the consummation of the Asset Sale under HSR shall have expired or been terminated.
(c)    No Material Adverse Effect. Since the date of this Agreement, there shall not have occurred any Material Adverse Effect.

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Section 8.3    Frustration of Closing Conditions.  No party may rely on the failure of any condition set forth in this ARTICLE VIII to be satisfied if such failure was caused by such party’s failure to use efforts to cause the Closing to occur as required by Section 5.7.

ARTICLE IX 
INDEMNIFICATION 

Section 9.1    Survival of Representations, Warranties, Covenants and Agreements. 
(a)    The representations and warranties of the Seller and the Buyer contained in ARTICLE III and ARTICLE IV, respectively, shall survive the Closing for a period of twelve (12) months after the Closing Date; provided, however, that the Fundamental Representations shall survive the Closing for a period of seven (7) years after the Closing Date and the representations and warranties of Seller set forth in Section 3.13 (Taxes) shall survive until the expiration of the statute of limitations (excluding any extensions thereof) applicable to subject matter of such representations and warranties. 
(b)    All covenants and agreements contained in this Agreement that by their terms contemplate actions or performance following the Closing shall survive until fully performed or, if a time period is specified in a covenant or agreement, through such specified time period, and all other covenants and agreements contained in this Agreement shall not survive the Closing, provided that, in either such case, the ability to make claims for any breach thereof shall terminate one hundred eighty (180) days thereafter. 
(c)    The survival periods set forth in Section 9.1(a) and Section 9.1(b) are in lieu of, and the parties expressly waive, any otherwise applicable statute of limitations, whether arising at law or in equity.

Section 9.2    Indemnification by the Seller.  From and after the Closing, the Seller shall save, defend, indemnify and hold harmless the Buyer and its Affiliates, and their respective officers, directors, employees and agents (collectively, the “Buyer Indemnified Parties”) from and against any Losses to the extent arising out of or resulting from:
(a)    any breach of any representation or warranty made by the Seller contained in ARTICLE III or in any certificate delivered pursuant to Section 8.2(a)(iii);
(b)    any breach of any covenant or agreement of the Seller contained this Agreement; or
(c)    any Excluded Liability.

Section 9.3    Indemnification by the Buyer.  From and after the Closing, the Buyer shall save, defend, indemnify and hold harmless the Seller and its Affiliates, and their respective officers, directors, employees and agents (collectively, the “Seller Indemnified Parties”) from and against any Losses to the extent arising out of or resulting from:
(a)    any breach of any representation or warranty made by the Buyer contained in ARTICLE IV or in any certificate delivered pursuant to Section 8.1(a)(iii);
(b)    any breach of any covenant or agreement of the Buyer contained in this Agreement; or
(c)    any Assumed Liability; or
(d)    Buyer’s ownership or operation of or provision of services relating to the Transferred Assets after the Closing, except to the extent caused by the breach by Seller or any Seller Subsidiary of this Agreement or the Transition Services Agreement.

Section 9.4    Procedures.
(a)    In order for a Buyer Indemnified Party or a Seller Indemnified Party (an “Indemnified Party”) to be entitled to any indemnification provided for under this Agreement as a result of a Loss or a claim or demand made by any Person against the Indemnified Party (a “Third Party Claim”), such Indemnified Party shall deliver notice thereof to the party against whom indemnity is sought (the “Indemnifying Party”) promptly after receipt by such Indemnified Party of written notice of the Third Party Claim, describing in reasonable detail (i) the facts giving rise to any claim for indemnification hereunder, (ii) the amount or method of computation of the amount 

35

of such claim, (iii) each individual item of Loss included in the amount so stated, to the extent known, (iv) the date such item was paid or properly accrued, and (v) the nature of the breach of representation, warranty, covenant or agreement with respect to which such Indemnified Party claims to be entitled to indemnification hereunder (all of the foregoing, the “Claim Information”), and shall provide any other information with respect thereto as the Indemnifying Party may reasonably request.  The failure to provide such notice, however, shall not release the Indemnifying Party from any of its obligations under this ARTICLE IX except to the extent that the Indemnifying Party is prejudiced by such failure.
(b)    The Indemnifying Party shall have the right, upon written notice to the Indemnified Party within 30 days of receipt of notice from the Indemnified Party of the commencement of a Third Party Claim, to assume the defense thereof at the expense of the Indemnifying Party with counsel selected by the Indemnifying Party and reasonably satisfactory to the Indemnified Party.  If the Indemnifying Party fails to assume the defense of any such Third Party Claim within such 30-day period, the Indemnified Party may assume control of the defense of the Third Party Claim.  The party that does not undertake the defense of the relevant Third Party Claim shall have the right to employ separate counsel and to participate in the defense thereof at its own expense, and the party undertaking the defense of the relevant Third Party Claim shall keep the other party reasonably informed of the progress of such defense.  If the Indemnifying Party assumes the defense of any Third Party Claim, the Indemnified Party shall cooperate with the Indemnifying Party in such defense and make available to the Indemnifying Party all witnesses, pertinent records, materials and information in the Indemnified Party’s possession or under the Indemnified Party’s control relating thereto as is reasonably required by the Indemnifying Party.  If the Indemnifying Party assumes the defense of any Third Party Claim, the Indemnified Party shall agree to any settlement, compromise or discharge of such Third Party Claim that the Indemnifying Party may recommend if (i) the sole relief provided for is monetary damages that will be paid entirely by the Indemnifying Party and (ii) the settlement, compromise or discharge does not involve a finding or admission of wrongdoing or any violation of Law by the Indemnified Party.  Whether or not the Indemnifying Party assumes the defense of a Third Party Claim, the Indemnified Party shall not admit any Liability with respect to, or settle, compromise or discharge, or offer to settle, compromise or discharge, such Third Party Claim without the Indemnifying Party’s prior written consent, which consent may not be unreasonably withheld, conditioned or delayed. Notwithstanding anything to the contrary in this Section 9.4(b), the Indemnifying Party shall not have the right to assume the defense of any Third Party Claim (and the Indemnified Party shall be entitled to re-assume the defense of any Third Party Claim the defense of which was previously assumed by the Indemnifying Party) if (A) the Third Party Claim would reasonably be expected to result in an injunction or equitable relief against the Indemnified Party that would, in either case, have a material effect on the operation of the business of such Indemnified Party (which, in the case of the Buyer Indemnified Parties, shall mean a material effect on the operation of the Business), (B) it involves criminal or quasi-criminal allegations, (C) upon petition by the Indemnified Party, the relevant court or arbitrator rules that the Indemnifying Party failed or is failing to vigorously defend such Third Party Claim, or (D) if the amount of Losses reasonably expected to result from such Third Party Claim that are in excess of the Cap would exceed the amount of Losses reasonably expected to result from such Third Party Claim that are below the Cap.
(c)    In the event any Indemnified Party should have a claim against any Indemnifying Party hereunder that does not involve a Third Party Claim being asserted against or sought to be collected from such Indemnified Party, the Indemnified Party shall deliver notice of such claim containing the Claim Information promptly to the Indemnifying Party, and shall provide any other information with respect thereto as the Indemnifying Party may reasonably request.  The failure to provide such notice, however, shall not release the Indemnifying Party from any of its obligations under this ARTICLE IX except to the extent that the Indemnifying Party is prejudiced by such failure.  The Indemnified Party shall reasonably cooperate and assist the Indemnifying Party in determining the validity of any claim for indemnity by the Indemnified Party and in otherwise resolving such matters.  Such assistance and cooperation shall include providing reasonable access to and copies of information, records and documents relating to such matters, furnishing employees to assist in the investigation, defense and resolution of such matters and providing legal and business assistance with respect to such matters.  For the avoidance of doubt, the Indemnified Party shall not be entitled to commence any Action against the Indemnifying Party for indemnification pursuant to this Section 9.4(c) unless the notice and procedural provisions set forth herein shall have been satisfied prior thereto.

36

Section 9.5    Limits on Indemnification 
(a)    Notwithstanding anything to the contrary contained in this Agreement:
(i)    the Seller shall not be liable to any Buyer Indemnified Party for any claim for indemnification pursuant to Section 9.2(a) unless and until the aggregate amount of indemnifiable Losses that may be recovered from the Seller equals or exceeds $750,000 (the “Deductible”), in which case the Seller shall be liable only for the Losses in excess of the Deductible; provided, however, that no Loss resulting from any single claim (or series of related claims arising out of the same facts, events or circumstances) may be claimed by any Buyer Indemnified Party or shall be reimbursable by the Seller or shall be included in calculating the aggregate Losses for purposes of this clause (i) unless the Loss resulting from such single claim (or series of related claims arising out of the same facts, events or circumstances) exceeds $25,000 (the “Minimum Loss Amount”); provided, further, however, that neither the Deductible nor the Minimum Loss Amount shall apply to any Losses with respect to any Fundamental Representations or the representations and warranties of Seller set forth in Section 3.13 (Taxes); 
(ii)    the maximum aggregate amount of indemnifiable Losses that may be recovered from the Seller by Buyer Indemnified Parties pursuant to Section 9.2(a) shall not exceed an amount equal to (x) $5,000,000 plus (y) ten percent (10%) of the Post-Closing Payment (the “Cap”); provided, however, that the Cap shall not apply to any Losses with respect to any Fundamental Representations or the representations and warranties of Seller set forth in Section 3.13 (Taxes); provided, further, that, upon the finalization of the Post-Closing Payment in accordance with Section 2.9 and the parties have determined the final amount of the Cap, the Cap will be deemed to have been such amount as of the Closing Date and any Buyer Indemnified Party shall be entitled to recover Losses for claims, whether such claims arose prior to or after the finalization of the Post-Closing Payment and the Cap, from the Seller up to, but not exceeding, the Cap, subject to the limitations set forth in this Section 9.5;
(iii)    the maximum aggregate amount of Losses that may be recovered from the Seller by Buyer Indemnified Parties pursuant to Section 9.2 or otherwise shall not exceed the Purchase Price; and
(iv)    no party hereto shall have any Liability under any provision of this Agreement for any consequential, special, punitive, exemplary, or speculative damages, except to the extent such damages (A) are recovered by third parties in connection with Losses indemnified under this Agreement or (B) are Losses that constitute lost profits, consequential damages or diminution in value damages (“Specified Losses”) that were the direct, probable, and reasonably foreseeable consequence of the relevant breach and were not occasioned by special circumstances relating to the Indemnified Party; provided, however, that in no case will any Specified Losses be deemed to result from a failure to achieve a Customer Migration Event if a Post-Closing Payment (of any amount) becomes payable pursuant to this Agreement.
(b)    The amount of any and all Losses under this ARTICLE IX shall be determined net of any insurance, indemnity, reimbursement arrangement, contract, or other recovery actually received or realized by the Indemnified Party or its Affiliates in connection with the facts giving rise to the right of indemnification, in each case net of costs of collection and the net present value of any retro-premiums or premium increases resulting therefrom (each, an “Alternative Recovery”).  The Indemnified Party shall use commercially reasonable efforts to seek recovery under all such Alternative Recoveries with respect to any Loss to the same extent as such Indemnified Party would if such Loss were not subject to indemnification hereunder.  Each party hereby waives, to the extent permitted under its applicable insurance policies, any subrogation rights that its insurer may have with respect to any indemnifiable Losses.  In the event that the Indemnified Party receives or realizes the recovery of any amount pursuant to an Alternative Recovery for which it has already been indemnified by the Indemnifying Party hereunder, the Indemnified Party will promptly refund an equal amount to the Indemnifying Party.
(c)    A party shall not recover under this Agreement and any Ancillary Agreement for the same Loss.
(d)    Nothing in this Agreement shall modify any party’s common law obligation in respect of mitigation of damages. 
(e)    If any representation or warranty made by the Seller contained in this Agreement is qualified by materiality, “Material Adverse Effect” or a derivative thereof, such qualification will be ignored and 

37

deemed not included in such representation or warranty for purposes of determining whether there has been a breach or inaccuracy of such representation or warranty and for purposes of calculating the amount of Losses with respect to any such breach or inaccuracy.

Section 9.6    Tax Matters   All Tax refunds and Tax credits with respect to any period ending on or prior to the Closing Date shall be for the account of the Seller and, if such Tax refund or Tax credit is received by the Buyer, the Buyer shall pay the amount of such refund or credit to the Seller within ten (10) days of the receipt or realization thereof.
(b)    Anything in this ARTICLE IX to the contrary notwithstanding, to the extent there is inconsistency between the provisions of this ARTICLE IX and the provisions of ARTICLE VII, the rights and obligations of the parties with respect to indemnification for Tax matters shall be governed by ARTICLE VII.  

Section 9.7    U.K. Employee Matters.  Anything in this ARTICLE IX to the contrary notwithstanding, to the extent there is inconsistency between the provisions of this ARTICLE IX and the provisions of Section 6.7, the rights and obligations of the parties with respect to indemnification for U.K. Employee matters shall be governed by Section 6.7. 

Section 9.8    Exclusivity.  
(a)    Effective as of the Closing, the sole and exclusive remedy of the Seller, the Buyer and the other Seller Indemnified Parties and Buyer Indemnified Parties with respect to any claims, whether direct claims or those arising out of Third Party Claims, relating to or arising out of this Agreement or the transactions contemplated hereby (other than fraud that cannot be waived as a matter of Delaware law and claims for specific performance of the covenants and agreements contained herein) shall be pursuant to the indemnification provisions set forth in this ARTICLE IX.  In furtherance of the foregoing, each of the Seller and the Buyer, on behalf of itself and the other Seller Indemnified Parties and Buyer Indemnified Parties (as applicable), hereby waives, from and after the Closing, to the fullest extent permitted by Delaware law, all rights, claims and causes of action (other than fraud that cannot be waived as a matter of Delaware law and claims for specific performance of the covenants and agreements contained herein), regardless of the Law or legal theory upon which such right, claim or cause of action may be sought to be based, and regardless of whether at law or in equity, in contract or in tort or otherwise, that it may have against any other party arising under this Agreement or the transactions contemplated hereby, except pursuant to the indemnification provisions set forth in this ARTICLE IX.  The provisions of this paragraph (a) shall not apply to any claims relating to or arising out of the Ancillary Agreements or the transactions contemplated thereby.
(b)    Right of Setoff.  From and after the Closing, the Buyer, on behalf of itself and its Affiliates, shall be entitled to set off and deduct from the Post-Closing Payment any amounts payable by Seller or any of its Affiliates under this Agreement or any other Ancillary Agreement to the extent such payment obligation is pursuant to a final non-appealable judgment of a court of competent jurisdiction or settlement, compromise or other agreement between the parties with respect to such payment obligation (in each case, subject to the limitations of liability set forth in this Agreement or the relevant Ancillary Agreement, as applicable, to the extent such limitations are applicable).

Section 9.9    Termination of Indemnification.  The obligation of an Indemnifying Party to indemnify and hold harmless an Indemnified Party pursuant to Section 9.2 or Section 9.3 (as applicable) shall terminate when the applicable representation or warranty or covenant terminates pursuant to Section 9.1; provided, however, that if an Indemnified Party shall have, before the expiration of the applicable survival period, made a claim in good faith compliance with Section 9.4, the applicable Indemnifying Party’s obligation to indemnify and hold harmless such Indemnified Party shall not terminate with respect to such claim.  

ARTICLE X 
TERMINATION

Section 10.1    Termination.  This Agreement may be terminated at any time prior to the Closing:
(a)    by mutual written consent of the Buyer and the Seller;

38

(b)    by the Seller, if the Seller is not in material breach of its obligations under this Agreement and the Buyer breaches or fails to perform in any respect any of its representations, warranties or covenants contained in this Agreement and such breach or failure to perform (i) would give rise to the failure of a condition set forth in Section 8.1, (ii) cannot be or has not been cured within 30 days following delivery of written notice of such breach or failure to perform and (iii) has not been waived by the Seller; 
(c)    by the Buyer, if the Buyer is not in material breach of its obligations under this Agreement and the Seller breaches or fails to perform in any respect any of its representations, warranties or covenants contained in this Agreement and such breach or failure to perform (i) would give rise to the failure of a condition set forth in Section 8.2, (ii) cannot be or has not been cured within 30 days following delivery of written notice of such breach or failure to perform and (iii) has not been waived by the Buyer; or
(d)    by either the Seller or the Buyer if the Closing has not occurred by March 31, 2019 (the “Termination Date”); provided, that the right to terminate this Agreement under this Section 10.1(d) shall not be available if the failure of the party so requesting termination to fulfill any obligation under this Agreement shall have been the cause of the failure of the Closing to occur on or prior to the Termination Date.
The party seeking to terminate this Agreement pursuant to this Section 10.1 (other than Section 10.1(a)) shall give prompt written notice of such termination to the other party.

Section 10.2    Effect of Termination.  In the event of termination of this Agreement as provided in Section 10.1, this Agreement shall forthwith become void and there shall be no Liability on the part of either party except (a) for the provisions of each of Section 5.6, Section 5.11, this Section 10.2 and ARTICLE XI and (b) that nothing herein shall relieve either party from Liability for any willful and intentional breach of this Agreement or any agreement made as of the date hereof or subsequent thereto pursuant to this Agreement.

ARTICLE XI 
GENERAL PROVISIONS

Section 11.1    Fees and Expenses.  Except as otherwise provided herein, all fees and expenses incurred in connection with or related to this Agreement and the Ancillary Agreements and the transactions contemplated hereby and thereby shall be paid by the party incurring such fees or expenses, whether or not such transactions are consummated.  In the event of termination of this Agreement, the obligation of each party to pay its own expenses will be subject to any rights of such party arising from a breach of this Agreement by the other.  Notwithstanding the above, the Buyer will be solely responsible for all filing fees in connection with any filings made in connection with HSR.

Section 11.2    Amendment and Modification.  This Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument in writing specifically designated as an amendment hereto, signed on behalf of each party.

Section 11.3    Waiver; Extension.  At any time prior to the Closing, the Seller, on the one hand, and the Buyer, on the other hand, may (a) extend the time for performance of any of the obligations or other acts of the other party contained herein, (b) waive any inaccuracies in the representations and warranties of the other party contained herein or in any document, certificate or writing delivered by such party pursuant hereto, or (c) waive compliance by the other party with any of the agreements or conditions contained herein.  Any agreement on the part of any party to any such extension or waiver shall be valid only if set forth in a written agreement signed on behalf of such party.  No failure or delay of either party in exercising any right or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such right or power, or any course of conduct, preclude any other or further exercise thereof or the exercise of any other right or power.  Any agreement on the part of either party to any such waiver shall be valid only if set forth in a written instrument executed and delivered by a duly authorized officer on behalf of such party.

Section 11.4    Notices.  All notices and other communications hereunder shall be in writing and shall be deemed duly given (a) on the date of delivery if delivered personally, or if by facsimile, upon written confirmation of receipt by facsimile, (b) on the first Business Day following the date of dispatch if delivered utilizing a next-

39

day service by a recognized next-day courier or (c) on the earlier of confirmed receipt or the fifth Business Day following the date of mailing if delivered by registered or certified mail, return receipt requested, postage prepaid.  All notices hereunder shall be delivered to the addresses set forth below, or pursuant to such other instructions as may be designated in writing by the party to receive such notice:
(i)    if to the Seller, to:
VeriSign, Inc. 
12061 Bluemont Way 
Reston, VA 20190 
Attention: General Counsel 
Telephone: (703) 948-3200 
Facsimile: (703) 435-4921
with copies (which shall not constitute notice) to: 
 
VeriSign, Inc.
12061 Bluemont Way
Reston, VA 20190 
Attention: Kevin Ristau, Vice President and Associate General Counsel 
Telephone: (703) 948-3200
Facsimile: (703) 435-4921
Electronic mail:  kristau@verisign.com

Orrick Herrington & Sutcliffe LLP 
1152 15th St., NW  
Washington, D.C. 20005 
Attention each of: Geoff Willard / David Ruff / Julianne English 
Facsimile to each of: 202.339.8500 (Attn: G. Willard) and
212.506.5151 (Attn: D. Ruff and J. English) 

(ii)    if to the Buyer, to:
Neustar, Inc.
21575 Ridgetop Circle
Sterling, VA 20166
Attn: Chief Financial Officer
Facsimile: (571) 434-3404
Electronic mail: Carolyn.ullerick@team.neustar

with a copy (which shall not constitute notice) to: 
 
Golden Gate Private Equity, Inc.
One Embarcadero Center, 39th Floor
San Francisco, CA 94111
Attention: Rishi Chanda; Stephen Oetgen
Facsimile: (415) 983-2701

Neustar, Inc.
21575 Ridgetop Circle
Sterling, VA 20166
Attn: General Counsel
Facsimile: (571) 434-5725

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Nob Hill Law Group, P.C.
247 Michelle Lane
Alamo, CA, 94507

Section 11.5    Interpretation.  When a reference is made in this Agreement to an Article, Section, paragraph, clause or Exhibit, such reference shall be to an Article, Section, paragraph, clause or Exhibit of this Agreement unless otherwise indicated.  The table of contents and headings contained in this Agreement are for convenience of reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement.  All words used in this Agreement will be construed to be of such gender as the circumstances require, and in the singular or plural as the circumstances require.  Any capitalized terms used in any Exhibit or Schedule but not otherwise defined therein shall have the meaning as defined in this Agreement.  The Disclosure Schedules and all Exhibits annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth herein.  The word “including” and words of similar import when used in this Agreement shall mean “including, without limitation”, unless otherwise specified.  The words “hereof”, “hereto”, “hereby”, “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement.  The term “or” is not exclusive.  The word “extent” in the phrase “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply “if”.  The words “will” and “shall” shall be construed to have the same meaning and effect as the word “must”.  The words “asset” and “property” shall be deemed to have the same meaning, and to refer to all assets and properties, whether real or personal, tangible or intangible.  Any agreement, instrument or Law defined or referred to herein means such agreement, instrument or Law as from time to time amended, modified or supplemented, unless otherwise specifically indicated.  References to any Law include references to any associated rules, regulations and official guidance with respect thereto.  References to a Person are also to its predecessors, successors and assigns.  Unless otherwise specifically indicated, all references to “dollars” and “$” are references to United States dollars, the lawful money of the United States of America.  References to “days” mean calendar days unless otherwise specified.  References to times of the day are to the Eastern Time zone unless otherwise specified.  The parties have participated jointly in the drafting and preparation of this Agreement ach party hereto has been represented by counsel in connection with this Agreement and the transactions contemplated hereby and, accordingly, any rule of Law or any legal doctrine that would require interpretation of any claimed ambiguities in this Agreement against the drafting party has no application and is expressly waived.

Section 11.6    Entire Agreement.  This Agreement (including the Exhibits and Schedules hereto), the Ancillary Agreements and the Non-Disclosure Agreements constitute the entire agreement, and supersede all prior written agreements, arrangements, communications and understandings and all prior and contemporaneous oral agreements, arrangements, communications and understandings between the parties with respect to the subject matter hereof and thereof.

Section 11.7    Parties in Interest.  This Agreement is and will be binding upon and inure solely to the benefit of each party hereto, and nothing in this Agreement, express or implied, is intended to or shall confer upon any Person other than the parties and their respective successors and permitted assigns any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except with respect to the provisions of ARTICLE IX, which shall inure to the benefit of the Persons benefiting therefrom who are intended to be third-party beneficiaries thereof.

Section 11.8    Governing Law.  This Agreement and all disputes or controversies arising out of or relating to this Agreement or the transactions contemplated hereby shall be governed by, and construed in accordance with, the internal, substantive laws of the State of Delaware, without regard to the laws of Delaware or of any other jurisdiction that might be applied because of the conflicts of laws principles of the State of Delaware or of any other jurisdiction.

Section 11.9    Submission to Jurisdiction.  Each of the parties irrevocably agrees that any legal action or proceeding arising out of or relating to this Agreement brought by any party or its successors or assigns against the other party shall be brought and determined in the Court of Chancery of the State of Delaware, provided, that if jurisdiction is not then available in the Court of Chancery of the State of Delaware, then any such legal action 

41

or proceeding may be brought in any federal court located in the State of Delaware or any other Delaware state court, and each of the parties hereby irrevocably submits to the exclusive jurisdiction of the aforesaid courts for itself and with respect to its property, generally and unconditionally, with regard to any such action or proceeding arising out of or relating to this Agreement and the transactions contemplated hereby.  Each of the parties agrees not to commence any action, suit or proceeding relating thereto except in the courts described above in Delaware, other than actions in any court of competent jurisdiction to enforce any judgment, decree or award rendered by any such court in Delaware as described herein.  Each of the parties further agrees that notice as provided herein shall constitute sufficient service of process and the parties further waive any argument that such service is insufficient.  Each of the parties hereby irrevocably and unconditionally waives, and agrees not to assert, by way of motion or as a defense, counterclaim or otherwise, in any action or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby, (a) any claim that it is not personally subject to the jurisdiction of the courts in Delaware as described herein for any reason, (b) that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) that (i) the suit, action or proceeding in any such court is brought in an inconvenient forum, (ii) the venue of such suit, action or proceeding is improper or (iii) this Agreement, or the subject matter hereof, may not be enforced in or by such courts.

Section 11.10    Disclosure Generally.  Notwithstanding anything to the contrary contained in the Disclosure Schedules or in this Agreement, the information and disclosures contained in any section of the Disclosure Schedules shall be deemed to be disclosed and incorporated by reference in any other section of the Disclosure Schedules as though fully set forth in such other section to the extent that the applicability of such information and disclosure is reasonably apparent on its face.  The fact that any item of information is disclosed in any section of the Disclosure Schedules shall not be construed to mean that such information is required to be disclosed by this Agreement.  Such information and the dollar thresholds set forth herein shall not be used as a basis for interpreting the terms “material” or “Material Adverse Effect” or other similar terms in this Agreement.

Section 11.11    Assignment; Successors.  Neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise, by either party without the prior written consent of the other party, and any such assignment without such prior written consent shall be null and void; provided, that Buyer shall be permitted to assign, in whole or in part, its rights and obligations under this Agreement to any Subsidiary or controlled Affiliate of Buyer (it being understood and agreed, for the avoidance of doubt, that any such Subsidiary or controlled Affiliate designated prior to the Closing by Buyer shall be the initial and sole purchaser of the assets attributed to such designee for all legal, Tax and other purposes, without any obligation for such assets to be purchased by Buyer and then assigned or transferred to such designated Subsidiary or controlled Affiliate) if such designated Subsidiary or controlled Affiliate agrees in writing to be bound by this Agreement, and provided that Buyer will remain primarily liable for its obligations under this Agreement notwithstanding an assignment by it.  Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the parties and their respective successors and assigns.

Section 11.12    Enforcement.  The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached.  Accordingly, each of the parties shall be entitled to specific performance of the terms hereof, including an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in the Court of Chancery of the State of Delaware, provided, that if jurisdiction is not then available in the Court of Chancery of the State of Delaware, then in any state or federal court located in the State of Delaware, this being in addition to any other remedy to which such party is entitled at law or in equity.  Each of the parties hereby further waives (a) any defense in any action for specific performance that a remedy at law would be adequate and (b) any requirement under any law to post security as a prerequisite to obtaining equitable relief.

Section 11.13    Severability.  If any term or other provision of this Agreement is held to be invalid, illegal or incapable of being enforced by any rule of Law, or public policy, all other conditions and provisions of this 

42

Agreement shall nevertheless remain in full force and effect so long as either (a) the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party, or (b) such party waives its rights under this Section with respect thereto.  Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible.

Section 11.14    Waiver of Jury Trial.  EACH OF THE PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

Section 11.15    Counterparts.  This Agreement may be executed and delivered in two or more counterparts, all of which shall be considered one and the same instrument and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party.

Section 11.16    Facsimile or .pdf Signature.  This Agreement may be executed and delivered by facsimile, .pdf or other electronic signature and a facsimile, .pdf or other electronic signature and delivery shall constitute an original for all purposes.

Section 11.17    Time of Essence.  Time is of the essence with regard to all dates and time periods set forth or referred to in this Agreement.  
[Signature page follows]

IN WITNESS WHEREOF, the Seller and the Buyer have caused this ASSET PURCHASE AGREEMENT to be executed as of the date first written above by their respective officers thereunto duly authorized.
. 
 

	
		
	VERISIGN, INC

	 
	 

	 
	 

	By:
	/s/ Todd B. Strubbe

	Name:
	Todd B. Strubbe

	Title:
	Executive Vice President and COO

	 
	 

	 
	 

	NEUSTAR, INC.

	 
	 

	 
	 

	By:
	/s/ Carolyn Ullerick

	Name:
	Carolyn Ullerick

	Title:
	CFO

43

SIGNATURE PAGE TO ASSET PURCHASE AGREEMENT

 

Exhibit A
Procedures for Determining Customer ACV 

		
	1.
	Customer ACV shall include cross-sell and upsell recurring revenues from the following specified products: Managed DNS, Recursive DNS, DNS Firewall, DDoS On-Demand, DDoS Always-On and DDoS Web Application Firewall (collectively, “DDoS and DNS Services”) derived from Active Customers, and (ii) any amount by which Buyer’s or its Affiliates’ annual contract revenues from Active Customers common to both Buyer (or its direct Affiliates) and Seller (or its direct Affiliates) exceed Buyer’s (or its relevant Affiliate’s) annual contract revenues from such common customers and products during the twelve months immediately preceding the Closing.

		
	2.
	Customer ACV shall include upsell and cross-sell recurring revenues from the following specified products: Web Performance Monitoring, Firewall, IP Geopoint and Vulnerability and Penetration Testing (collectively, “Other Security Services”) derived from Seller’s Active Customers.

		
	3.
	Other than with respect to DDoS and DNS Services, the calculation of Customer ACV shall not include any upsell or cross sell revenues for any Buyer customer as of the Closing Date for any other Buyer service.  

		
	4.
	Recurring revenue shall be calculated in accordance with applicable FASB revenue recognition policies and be exclusive of set-up fees, professional services, consulting or similar one-time charges.  For clarity, usage for Managed DNS Services shall be included in the calculation of recurring revenue on the basis of the average monthly usage fees for Active Customers (in the aggregate) during the Customer Migration Period, multiplied by 12, and shall not be considered a one-time charge.  

		
	5.
	Recurring revenue will not include any portion of revenue that is derived directly from reselling a third party’s product or services.

 

1

Exhibit C
Bill of Sale and Assignment and Assumption Agreement

(See attached)

2

BILL OF SALE, ASSIGNMENT AND ASSUMPTION AGREEMENT
THIS BILL OF SALE, ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made and entered as of ________ ___, 2018, by and between Verisign, Inc., a Delaware corporation (“Seller”), and Neustar, Inc., a Delaware corporation (“Buyer”), pursuant to that certain Asset Purchase Agreement, dated as of _________ ___, 2018, by and among Buyer and Seller (the “Asset Purchase Agreement”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Asset Purchase Agreement.  

WHEREAS, the Asset Purchase Agreement provides for the sale, assignment, transfer, conveyance and delivery of the Transferred Assets to Buyer; 
WHEREAS, the Asset Purchase Agreement provides for the assumption and, thereafter, payment, discharge, performance and otherwise satisfaction when due the Assumed Liabilities by Buyer; and
WHEREAS, all Transferred Assets shall be sold, assigned, transferred, conveyed and delivered to Buyer and all Assumed Liabilities shall be assumed and, thereafter, paid, discharged, performed and otherwise satisfied when due by Buyer.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller and Buyer agree as follows:

1.    Bill of Sale.  For good and valuable consideration, Seller, on behalf of itself and the relevant Seller Subsidiaries, hereby sells, assigns, conveys, transfers and delivers unto Buyer, its successors and assigns all of its right, title and interest in and to all of the Transferred Assets, as the same exists as of the date hereof, and Buyer hereby accepts the foregoing sale, assignment, conveyance, transfer and delivery.

2.    Assignment and Assumption.  Buyer hereby assumes and, thereafter, shall pay, discharge, perform and otherwise satisfy when due the Assumed Liabilities. 

3.    Further Assurances.  Seller covenants and agrees that it will do or cause to be done all such further acts, and shall execute and deliver, or cause to be executed and delivered, all transfers, assignments and conveyances, evidences of title, notices, powers of attorney and assurances reasonably necessary or desirable to put Buyer, its successors and assigns, in actual possession and operating control of the Transferred Assets, or as Buyer shall reasonably require to better assure and confirm title of Buyer to the Transferred Assets.

4.    Asset Purchase Agreement.  This Agreement is executed pursuant to, in furtherance of and is subject to, the terms and conditions of the Asset Purchase Agreement.  This Agreement shall not replace, substitute, expand or extinguish any obligation or provision of the Asset Purchase Agreement.  In the event of any irreconcilable conflict or inconsistency between the terms of the Asset Purchase Agreement and the terms hereof, the terms of the Asset Purchase Agreement shall control.

5.    Miscellaneous.  

(a)        This Agreement, and all claims relating to or arising out of the relationship of the parties hereto with respect to the subject matter hereof, shall be governed by, construed under and interpreted in accordance with the internal, substantive laws of the State of Delaware, without giving effect 

3

to the principles of conflict of laws thereof or of any other jurisdiction that would require the application of any other law.
(b)        This Agreement shall be binding upon and inure solely to the benefit of each party hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement.
(c)        This Agreement may be executed and delivered (x) in counterparts, each of which when so executed and delivered shall be deemed an original, but all of which together shall constitute one and the same instrument; and (y) by facsimile, .pdf, DocuSign or other electronic signature, and such delivery shall constitute an original for all purposes.
(d)        No amendment of any provision of this Agreement shall be effective, unless the same shall be in writing and signed by Seller, on the one hand, and Buyer, on the other hand.  Any failure of any party to comply with any obligation, agreement or condition hereunder may only be waived in writing by the other party, but such waiver shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.  No failure by any party to take any action with respect to any breach of this Agreement or default by another party shall constitute a waiver of such party’s right to enforce any provision hereof or to take any such action.
(e)        In case any term, provision, covenant or restriction contained in this Agreement is held to be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining terms, provisions, covenants or restrictions contained herein, and of such term, provision, covenant or restriction in any other jurisdiction, shall not in any way be affected or impaired thereby.
[Signatures on the following pages.]

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

SELLER:
VERISIGN, INC.

By:    _______________________________
Name: _____________________________
Title: ______________________________
        
        

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

BUYER:
NEUSTAR, INC.

By:    _______________________________________
Name: __________________________________
Title: __________________________________

1

Exhibit D
Intellectual Property License Agreement

(See attached)

2

INTELLECTUAL PROPERTY LICENSE AGREEMENT
THIS INTELLECTUAL PROPERTY LICENSE AGREEMENT (this “Agreement”) is made and entered into as of [●], 2018 (the “Effective Date”), by and between Neustar, Inc., a Delaware corporation (“Buyer”), and VeriSign, Inc., a Delaware corporation (“Seller”). Each of Seller and Buyer are referred to herein individually as a “Party” and together as the “Parties”.
RECITALS
A.    The Parties have entered into an Asset Purchase Agreement, dated as of [●], 2018 (the “Purchase Agreement”), pursuant to which, among other things, Buyer is purchasing certain assets of Seller and Seller Subsidiaries relating to Seller’s Managed DNS, DDoS Protection and Recursive DNS/Firewall businesses.
B.    The Purchase Agreement requires the Parties to enter into a license agreement whereby Seller will grant certain licenses to Buyer in certain Intellectual Property Rights owned by Seller.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual promises recited in this Agreement as well as the associated payments and other consideration recited in the Purchase Agreement, the Parties agree as follows, to become effective upon the Effective Date:
ARTICLE I
DEFINITIONS; INTERPRETATION
Section 1.1.    Certain Definitions. Capitalized terms used, but not defined herein, are as defined in the Purchase Agreement. As used in this Agreement, the following terms have the following meanings:
“Agreement” has the meaning set forth in the preamble.
“API” means an application programming interface which includes interface definitions and documentation. 
“Buyer” has the meaning set forth in the preamble.
“Buyer API” means Buyer’s API used for managing or retrieving information from Buyer’s implementations related to the Transferred Contracts.
“Buyer API Materials” means Buyer’s end user documentation and files provided by Buyer, in each case that relate to the Buyer API.
“Buyer Field” means the performance of the Transferred Contracts in connection with the Business (as defined in the Purchase Agreement), as it exists immediately prior to the Closing Date, or after further natural development; provided that such natural development of the Business shall not, under any circumstance, include domain name registry or registrar services.  
“Confidential Information” means (a) any and all information, including technical or business information or know-how, customer or personnel information, cost data, proposed products, processes, services or other data, that (i) is fixed in a tangible medium and 

3

furnished by one Party to the other under this Agreement and marked as the confidential or proprietary information of the disclosing Party, (ii) is provided orally by one Party to the other under this Agreement and stated to be confidential or proprietary at the time it is provided to the other Party or in a writing that is provided to the other Party within thirty (30) days thereafter that generally describes such information as confidential, (iii) relates to a Party’s non-public operations, policies, procedures, techniques, accounts and personnel, whether or not specifically identified as confidential or (iv) relates to the subject matter or the terms and conditions of this Agreement, and (b) any and all other information of or relating to a Party or its Affiliates, including its or their Intellectual Property Rights or its or their customers, suppliers or other third parties doing business with the disclosing Party, product specifications, proprietary data, know-how, formulas, customer lists, supplier lists, details of contracts, pricing policies, operational methods, marketing plans or strategies, bidding information, practices, policies or procedures, product development techniques or plans, technical processes, financial statements, projections and budgets, historical and projected sales data, the names and backgrounds of key personnel and related personnel materials and notes, analyses, summaries and other prepared materials containing or based on the foregoing. Seller’s Confidential Information includes, but is not limited to the Seller Licensed Patents whose text is not yet publicly available and the Seller API Materials, and Buyer’s Confidential Information includes, but is not limited to the Buyer API Materials.  
“Effective Date” has the meaning set forth in the preamble.
“Party” and “Parties” have the respective meanings set forth in the preamble.
“Patent” means a patent or patent application, and any Related Patent to such patent or patent application.
“Purchase Agreement” has the meaning set forth in the recitals.
“Related Patent” means, with respect to a patent or patent application (the “Subject Patent”), any other patent or patent application that is a continuation, divisional, continuation-in- part, reissue, certificates foreign counterpart, extension or renewal thereof, but only to the extent that there is common subject matter in such other patent or patent application that is entitled, in whole or in part, to the priority date of the Subject Patent.
“Seller” has the meaning set forth in the preamble.
“Seller APIs” means Seller’s APIs used for managing or retrieving information from Seller’s DDoS Protection Service, Managed DNS Service, Recursive DNS Plus Service and DNS Firewall Service.
“Seller API Materials” means Seller’s end user documentation and RESTful API Modeling Language (“RAML”) files, as provided by Seller, in each case that relate to the Seller APIs.
“Seller Licensed Patents” means (a) the patents and patent applications set forth on Exhibit A, (b) any patents issuing on the patent applications set forth on Exhibit A and (c) any Related Patents to such patents and patent applications. 
Section 1.2.    Interpretation. The words “hereof,” “herein,” and “hereunder” and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provision of this Agreement. Terms defined in the singular shall have correlative 

4

meanings when used in the plural, and vice versa. The headings herein are for convenience of reference only, do not constitute part of this Agreement and shall not be deemed to limit or otherwise affect any of the provisions hereof. Where a reference in this Agreement is made to an Article or Section, such reference shall be to an Article or Section of this Agreement unless otherwise indicated. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”
ARTICLE II
GRANT OF LICENSES BY SELLER
Section 2.1.    Patent License. Subject to the terms and conditions of this Agreement and the Purchase Agreement, Seller hereby grants to Buyer and its Affiliates an irrevocable (except as set forth in Section 3.2), non-exclusive, fully paid-up, royalty-free, non-transferable (except to the extent provided in Section 6.7), worldwide license under the Seller Licensed Patents (a) to make, have made, import, have imported, use, have used, offer to sell, sell, have sold, export, have exported or otherwise dispose of any products and provide any services, and (b) to practice any method, process or procedure claimed in, or otherwise exploit, any of the Seller Licensed Patents; in each of sub-sections (a) and (b) solely within the Buyer Field. Unless the Agreement is terminated in accordance with Section 3.2, the license in this Section 2.1 shall remain in effect for so long as the Seller Licensed Patents are enforceable.  
Section 2.2.    Sublicense Rights.  Buyer may sublicense its licensed rights under Section 2.1, through multiple tiers (commensurate with the scope of such licenses), to Buyer’s and its Affiliates’ respective vendors, contractors and suppliers that have been engaged by Buyer or any of its Affiliates to design, develop, manufacture or assemble products for, or provide development, support or other services to, Buyer or any of its Affiliates, in each case solely within the Buyer Field; provided, however, that sublicenses (under or in connection with which Confidential Information of Seller may be provided to sublicensees) may be granted only to Persons that are legally bound by confidentiality undertakings no less restrictive than those set forth in Article IV.
Section 2.3.    Materials License. Subject to the terms and conditions of this Agreement and the Purchase Agreement, Seller hereby grants to Buyer and its Affiliates a limited, non-exclusive, fully paid-up, royalty-free, non-transferable (except to the extent provided in Section 6.7), worldwide license to access and use the Seller API Materials solely to the extent necessary for Buyer to develop, operate, and maintain a translation layer between the Seller APIs and the Buyer API (“Transition Layer”) which will have the exclusive function of connecting Buyer with customers of Seller within the Buyer Field to help enable the migration of customers of the Business from Seller’s platform to Buyer’s platform. The foregoing license in this Section 2.3 will, for the purposes of this Agreement, be referred to as the “Seller Materials License”. For the avoidance of doubt, this Seller Materials License is (a) exclusively for the Seller API Materials, (b) exclusively for the development, operation and maintenance of the Transition Layer, and (c) Buyer acquires no right or license to the Seller APIs, Seller’s platform or any of Seller’s systems, or the content or data of Seller’s customers within the Buyer Field, which will be subject to the separate written agreement of the Parties. Buyer may sublicense its licensed rights under the Seller Materials License, through multiple tiers (commensurate with the scope of such licenses), to Buyer’s and its Affiliates’ respective vendors, contractors and suppliers that have been engaged by Buyer or any of its Affiliates to develop the Transition Layer; provided, however, that sublicenses may be granted only to Persons 

5

that are legally bound by confidentiality undertakings no less restrictive than those set forth in Article IV.  Seller shall provide the Seller APIs and all Seller API Materials within five (5) business days after the Effective Date. 
Section 2.4.    No Other Licenses. All right, title and interest in and to the Seller Licensed Patents and the Seller API Materials shall remain the exclusive property of Seller and its third-party licensors. Except as expressly set forth in this Article II, no other licenses are granted by Seller to Buyer or its Affiliates under this Agreement, directly or indirectly, either expressly or by implication, estoppel or otherwise. Notwithstanding anything to the contrary, no right or license is granted by Seller under this Agreement to any software, documentation, copyrights, trade secrets or other intellectual property rights, either directly or indirectly, by implication, estoppel, or otherwise, even if such right or license is needed for Buyer to exercise the licenses granted with respect to the Seller Licensed Patents under Section 2.1 and the Seller API Materials under Section 2.3.
Section 2.5.    Compliance with Laws. Buyer shall comply with all applicable Laws in its performance of its obligations and exercise of its rights under this Agreement.

ARTICLE III
TERM AND TERMINATION
Section 3.1.    Term. This Agreement shall commence on the Effective Date and shall continue in effect, unless earlier terminated pursuant to Section 3.2, until (a) with respect to the Seller Licensed Patents, the last to expire of the Seller Licensed Patents and (b) with respect to the Seller Materials License, until the three (3) year anniversary of the Effective Date.
Section 3.2.    Termination for Breach. Either Party may terminate the license granted in Section 2.3 or the applicable patent license granted in Section 2.1 (and any and all other licenses granted in Section 2.1 to patents related to the same or similar service as covered by such applicable patent license) and any and all terms of this Agreement related thereto, only upon written notice thereof to the other Party in the event such other Party has materially breached the terms of this Agreement related thereto, including, without limitation, Section 2.2, Section 2.5 or Section 6.7, and fails to cure such breach within thirty (30) Business Days after receipt of written notice thereof.  For the avoidance of doubt, infringing or allegedly infringing activity by Buyer outside of the Buyer Field will not result in Seller revoking, rescinding or terminating the license granted in Section 2.1, though Seller reserves all other rights and remedies at law, in contract or in equity (including the right to seek monetary damages, an injunction or obtain specific performance, which rights and remedies Buyer acknowledges), with respect to the breach of this Agreement or infringement or alleged infringement of any Seller Licensed Patent in connection with which Buyer hereby waives any requirement that Seller post a bond or other security, or prove actual damages or that monetary damages are not an adequate remedy, or make a showing of irreparable harm. 
Section 3.3.    Survival. Article I, Article IV, Article V, Article VI and Sections 2.4, 2.5 and 3.4 shall survive the expiration or termination of this Agreement.
ARTICLE IV 
CONFIDENTIALITY

6

Section 4.1.    Generally. The Parties acknowledge that in connection with this Agreement, each Party may obtain access to Confidential Information of the other Party. Each Party shall not, and shall ensure that its Affiliates shall not (a) use Confidential Information of the other Party except as contemplated herein, (b) use or cause to be used Confidential Information for its own account or for the benefit of any third party and (c) directly or indirectly disclose, reveal, divulge or communicate Confidential Information of the other Party other than to the authorized officers, employees and financial and legal advisors of such Party and its Affiliates who are legally bound by confidentiality undertakings no less restrictive that those set forth herein. Each Party may disclose Confidential Information of the other Party pursuant to any order or requirement of a court, administrative agency or other governmental body; provided, however, that such disclosing Party shall give reasonable and, if practicable, advance notice to the other Party of such order or requirement in order to give the other Party a reasonable opportunity to enjoin such disclosure, to limit the scope of such disclosure or to seek other protective orders.
Section 4.2.    Exclusions. Notwithstanding anything to the contrary contained herein:
(a)    the restrictions and obligations in Section 4.1 shall not apply to any information that (i) is or becomes generally known to the public or in the applicable industry, other than as a result of a breach of this Agreement or the Purchase Agreement and other than personally identifiable information, which shall remain Confidential Information of a Party even if generally known to the public or in the applicable industry, (ii) is known to the receiving Party at the time of disclosure without violation of any confidentiality restriction and without any restriction on the receiving Party’s further use or disclosure, as demonstrated by written records in existence at the time of disclosure, (iii) was rightfully disclosed to the receiving Party by another person without restriction, or (iv) was independently developed by the receiving Party without access or reference to the Confidential Information disclosed by the disclosing Party, as demonstrated by written records created at the time of such independent development; and
(b)    Confidential Information of Seller shall not include any information included within the definition of Transferred Assets.
ARTICLE V
LIMITATION OF LIABILITY
Section 5.1.    Limitation on Damages. BUYER’S SOLE REMEDY AGAINST SELLER FOR ANY LOSS OR DAMAGE RELATED TO OR ARISING OUT OF THIS AGREEMENT WILL BE PROVEN DIRECT, ACTUAL DAMAGES AND SELLER WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, PUNITIVE, RELIANCE, SPECIAL, OR CONSEQUENTIAL DAMAGES ARISING OUT OF ITS PERFORMANCE OR NON-PERFORMANCE UNDER THIS AGREEMENT, WHETHER OR NOT SELLER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND THE MAXIMUM LIABILITY OF SELLER RELATED TO OR ARISING OUT OF THIS AGREEMENT WILL NOT EXCEED $1,000.
Section 5.2.    Disclaimer of Warranties. SELLER DOES NOT MAKE ANY REPRESENTATION, WARRANTY OR COVENANT OF ANY KIND WHATSOEVER TO BUYER WITH RESPECT TO THE SUBJECT MATTER OF THIS AGREEMENT (INCLUDING ANY OF THE SELLER LICENSED PATENTS AND SELLER API MATERIALS), WHETHER EXPRESS, IMPLIED, ORAL, WRITTEN, OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT AND ANY REPRESENTATION, 

7

WARRANTY OR COVENANT ARISING FROM A COURSE OF DEALING OR USAGE OF TRADE. WITHOUT LIMITING THE FOREGOING IN THIS SECTION 5.2, AND THE PARTIES ACKNOWLEDGE AND AGREE THAT THE SELLER LICENSED PATENTS ARE PROVIDED “AS IS”, “AS AVAILABLE” AND “WHERE AVAILABLE” AND THAT SELLER MAKES NO REPRESENTATIONS, WARRANTIES OR COVENANTS AS TO THE SELLER LICENSED PATENTS.
ARTICLE VI
MISCELLANEOUS
Section 6.1.    No Obligation.  Neither Party shall be required under this Agreement to maintain any patents or patent applications in force.  Nothing set forth herein shall restrict either Party from transferring, assigning or licensing any patent or patent application owned by such Party; provided, however, that any transfer, assignment, or license of the patents licensed hereunder, shall be made subject to the licenses granted in this Agreement.
Section 6.2.    Amendment and Modification. This Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument in writing specifically designated as an amendment hereto, signed on behalf of each Party.
Section 6.3.    Waiver. No failure or delay of either Party in exercising any right or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such right or power, or any course of conduct, preclude any other or further exercise thereof or the exercise of any other right or power. Any agreement on the part of either Party to any such waiver shall be valid only if set forth in a written instrument executed and delivered by a duly authorized officer on behalf of such Party.
Section 6.4.    Notices. All notices and other communications hereunder shall be in writing and shall be deemed duly given (a) on the date of delivery if delivered personally, or if by facsimile, upon written confirmation of receipt by facsimile, (b) on the first Business Day following the date of dispatch if delivered utilizing a next-day service by a recognized next-day courier or (c) on the earlier of confirmed receipt or the fifth Business Day following the date of mailing if delivered by registered or certified mail, return receipt requested, postage prepaid. All notices hereunder shall be delivered to the addresses set forth below, or pursuant to such other instructions as may be designated in writing by the Party to receive such notice:
(a)    if to Seller, to: 
VeriSign, Inc.
12061 Bluemont Way
Reston, VA 20190 
Attention: General Counsel 
Telephone: (703) 948-3200
Facsimile: (703) 435-4921
Electronic mail: legal@verisign.com
with copies (which shall not constitute notice) to:
VeriSign, Inc.

8

12061 Bluemont Way
Reston, VA 20190 
Attention: Kevin Ristau, Vice President and Associate General Counsel
Telephone: (703) 948-3200
Facsimile: (703) 435-4921
Electronic mail:  kristau@verisign.com

and

Orrick Herrington & Sutcliffe LLP
1152 15th St., NW
Washington D.C. 20005
Attention each of: Geoff Willard & Glynna Christian
(b)    if to Buyer, to: 
Neustar, Inc.
21575 Ridgetop Circle
Sterling, VA 20166
Attn: Chief Financial Officer
Facsimile: (571) 434-3404
Electronic mail: Carolyn.ullerick@team.neustar

with a copy (which shall not constitute notice) to: 
 
Golden Gate Private Equity, Inc.
One Embarcadero Center, 39th Floor
San Francisco, CA 94111
Attention: Rishi Chanda; Stephen Oetgen
Facsimile: (415) 983-2701

Neustar, Inc.
21575 Ridgetop Circle
Sterling, VA 20166
Attn: General Counsel
Facsimile: (571) 434-5725

Nob Hill Law Group, P.C.
247 Michelle Lane
Alamo, CA, 94507
Section 6.5.    Changes to Contact Information. Either Party may change its contact information for notices and other communications hereunder by notice to the other Party.
Section 6.6.    Governing Law. This Agreement and all disputes or controversies arising out of or relating to this Agreement shall be governed by, and construed in accordance with, the 

9

internal laws of the State of Delaware, without regard to the laws of any other jurisdiction that might be applied because of the conflicts of laws principles of the State of Delaware. 
Section 6.7.    Assignment; Successors. Neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise, by a Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld, and any such assignment without such prior written consent shall be null and void; provided, however, that (a) this Agreement may be assigned without consent by Seller, in whole or in part, in connection with the sale of Seller or substantially all of its assets (whether by merger, stock sale, asset purchase or otherwise) or the transfer or sale of substantially all of the assets of any business unit, Affiliate, division or product line (by means of reorganization, asset sale, stock sale, merger or otherwise) of Seller to which this Agreement relates, and (b) this Agreement may be assigned without consent by Buyer, in whole or in part, in connection with (i) the sale of Buyer or substantially all of its assets (whether by merger, stock sale, asset purchase or otherwise) or the transfer or sale of substantially all of the assets of any business unit, Affiliate, division or product line (by means of reorganization, asset sale, stock sale, merger or otherwise) of Buyer to which this Agreement relates or (ii) the sale by Buyer of all of the Transferred Assets.  Notwithstanding the above, from the Effective Date until the end of the Term of the Transition Services Agreement is (as defined therein), Buyer must obtain Seller’s prior written consent and Seller may reasonably withhold its consent (and any such assignment without such prior written consent shall be null and void) to Buyer’s assignment of this Agreement to an acquirer of all or a material portion of Buyer’s Digital Defense and Performance Solutions business (i.e., Security Solutions) if such acquirer (A) is listed on Schedule 6.6 of the Transition Services Agreement or (B) is domiciled in a country (other than Spain, Italy, Taiwan or Israel) that has a score of 65 or lower on the 2017 version of the Corruption Perceptions Index published by Transparency International. In addition, neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise, by Buyer to any Person that is designated on, or is directly or indirectly controlled by one or more Persons designated on, the U.S. Department of the Treasury, Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons List. Subject to the preceding sentences, this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the Parties and their respective successors and assigns, and on the successors and assigns of any patent or patent application that is the subject of a license granted to under this Agreement.
Section 6.8.    Severability. If any term or other provision of this Agreement is held to be invalid, illegal or incapable of being enforced by any rule of Law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as either (a) the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party, or (b) such Party waives its rights under this Section with respect thereto. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that this Agreement is fulfilled to the extent possible.
Section 6.9.    Counterparts. This Agreement may be executed and delivered in two or more counterparts, all of which shall be considered one and the same instrument and shall become effective when one or more counterparts have been signed by each of the Parties and delivered to 

10

the other Party.  This Agreement further may be executed and delivered electronically (including by DocuSign or similar service or by facsimile or .pdf signature) and any such electronic signature shall constitute an original for all purposes.
Section 6.10.    No Presumption Against Drafting Party. Each Party acknowledges that such Party has been represented by legal counsel in connection with this Agreement and the transactions contemplated by this Agreement. Accordingly, any rule of law or any legal decision that would require interpretation of any claimed ambiguities in this Agreement against the drafting Party has no application and is expressly waived.
Section 6.11.    Entire Agreement. This Agreement (including the Exhibits hereto), the Purchase Agreement and the Ancillary Agreements constitute the entire agreement, and supersede all prior written agreements, arrangements, communications and understandings and all prior and contemporaneous oral agreements, arrangements, communications and understandings between the parties with respect to the subject matter hereof and thereof. For the avoidance of doubt, nothing contained in this Agreement shall amend, limit, or modify the right and obligations of any Party under the Purchase Agreement or any other Ancillary Agreement.
Remainder of this page intentionally left blank; signature page follows.

11

IN WITNESS WHEREOF, the Parties have caused this INTELLECTUAL PROPERTY LICENSE AGREEMENT to be executed by their duly authorized representatives on the day and year first above written.

BUYER:

NEUSTAR, INC. 

By:         
Name:         
Title:        

SELLER:

VERISIGN, INC.

By:         
Name:        
Title:        

[Counterpart Signature Page to Intellectual Property License Agreement]

12

Exhibit E
Transition Services Agreement

(See attached)

13

EXHIBIT E

TRANSITION SERVICES AGREEMENT
between
VERISIGN, INC., 
a Delaware corporation,
and
NEUSTAR, INC., 
a Delaware corporation
DATED AS OF [•], 2018 

14

TRANSITION SERVICES AGREEMENT
This TRANSITION SERVICES AGREEMENT is dated as of [], 2018, between VERISIGN, INC., a Delaware corporation (“Seller” or “Verisign”), and Neustar, Inc., a Delaware corporation (“Buyer”).  Seller and Buyer are sometimes referred to herein as a “Party” or, collectively, as the “Parties”.
RECITALS
WHEREAS, Buyer and Seller have entered into that certain Asset Purchase Agreement dated as of [], 2018, between Buyer and Seller (the “Purchase Agreement”) pursuant to which Seller has agreed to transfer to Buyer, and Buyer has agreed to purchase and assume, the Transferred Assets and the Assumed Liabilities (each as defined in the Purchase Agreement); and
WHEREAS, the Purchase Agreement requires the execution and delivery by the Parties of this Agreement, pursuant to which Buyer desires to purchase from Seller, and Seller desires to provide or cause to be provided to Buyer and its Affiliates, in accordance with and subject to the terms and conditions of this Agreement (as defined below), certain transition services for specified periods following the Closing (as defined in the Purchase Agreement).
AGREEMENT
In consideration of the foregoing and the mutual covenants and agreements contained herein and in the Purchase Agreement, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the Parties hereby agree as follows:
Article I
DEFINITIONS AND INTERPRETATION
Section 1.1.    Certain Defined Terms.  Capitalized terms used but not otherwise defined herein shall have the meanings ascribed thereto in the Purchase Agreement.  As used in this Agreement, the following terms shall have the following meanings:
“Agreement” means this Transition Services Agreement, including all Appendices and schedules hereto, and all amendments hereto and thereto made in accordance with Section 6.8.
“Buyer Parties” means Buyer and the Affiliates of Buyer receiving Transition Services pursuant to this Agreement.
“Buyer Personnel” means the personnel of Buyer or the applicable Buyer Party.
“Confidential Information” means:  (a) any information, including technical or business information or know-how, customer or personnel information, cost data, proposed products, processes, services or other data, that (i) is fixed in a tangible medium and furnished by one Party to the other under this Agreement (ii) is provided orally by one Party to the other under this Agreement, (iii) relates to a Party’s non-public operations, policies, procedures, techniques, 

2

accounts and Personnel, whether or not specifically identified as confidential or (iv) relates to the subject matter or the terms and conditions of this Agreement; and (b) any other information of or relating to a Party or its Affiliates, including its or their Intellectual Property Rights or its or their customers, suppliers or other third parties doing business with the disclosing Party, product specifications, proprietary data, know-how, formulas, customer lists, supplier lists, details of contracts, pricing policies, operational methods, marketing plans or strategies, bidding information, practices, policies or procedures, product development techniques or plans, technical processes (including customer support techniques), financial statements, projections and budgets, historical and projected sales data, the names and backgrounds of key Personnel and related Personnel materials and notes, analyses, summaries and other prepared materials containing or based on the foregoing.
“Consented Customer” means a customer under any Transferred Contract who has consented to the assignment of its Contract from Seller (or any Affiliate thereof) to Buyer (or an Affiliate thereof), but who has not migrated to Buyer’s technology platform.
“Covered Services” means Verisign DDoS Protection Service, Verisign Managed DNS Service, Verisign Recursive DNS Plus Service, and Verisign DNS Firewall Service.
“Personnel” means Buyer Personnel or Seller Personnel, as the context requires.
“Seller Personnel” means the personnel of Seller or its Affiliates.
“Supported Customer” means any existing customer under any Transferred Contract that has not yet migrated from Seller’s technology platform to Buyer’s technology platform.  
“Transition Services” means the transition services listed in Appendix A (Transition Services), as well as any tasks or responsibilities that are necessary aspects of the services that are identified or expressly described therein, as may be amended by the Parties by mutual written agreement from time to time in accordance with Section 6.8. 
Section 1.2.    Other Defined Terms.  The following terms have the meanings defined for such terms in the Sections set forth below:
	
			
	Baseline Assumption2.5(b)
	 
	Performance Covenant2.3

	Baselined Period2.5(b)
	 
	Purchase AgreementRecitals

	BuyerPreamble
	 
	Seller Party2.2

	Buyer Party Indemnitees4.3(c)
	 
	Seller Party Indemnitees4.3(a)

	Contract Manager2.10(a)
	 
	Seller’s Systems2.9(a)

	Final Term5.1
	 
	Term2.1(c)

	Initial Transition Services Term2.1(c)
	 
	Third Party Losses4.3(a)

	Mandatory Change2.1(b)
	 
	Third-Party Provider2.2

	Optional Transition Services Term2.1(c)
	 
	 

	PartiesPreamble
	 
	 

	PartyPreamble
	 
	 

3

Section 1.3.    Interpretation.  When a reference is made in this Agreement to an Article, Section, paragraph, clause, Schedule or Appendix, such reference shall be to an Article, Section, paragraph, clause, Schedule or Appendix of this Agreement unless otherwise indicated.  The table of contents and headings contained in this Agreement are for convenience of reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement.  All words used in this Agreement will be construed to be of such gender as the circumstances require, and in the singular or plural as the circumstances require.  Any capitalized terms used in any Schedule or Appendix but not otherwise defined therein shall have the meaning as defined in this Agreement.  The word “including” and words of similar import when used in this Agreement shall mean “including, without limitation”, unless otherwise specified.  The words “hereof”, “hereto”, “hereby”, “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement.  The term “or” is not exclusive.  The word “extent” in the phrase “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply “if”.  The word “will” shall be construed to have the same meaning and effect as the word “shall”.  The words “asset” and “property” shall be deemed to have the same meaning, and to refer to all assets and properties, whether real or personal, tangible or intangible.  Any agreement, instrument or Law defined or referred to herein mean such agreement, instrument or Law as from time to time amended, modified or supplemented, unless otherwise specifically indicated.  References to any Law include references to any associated rules, regulations and official guidance with respect thereto.  References to a Person are also to its predecessors, successors and assigns.  Unless otherwise specifically indicated, all references to “dollars” and “$” are references to the lawful money of the United States of America.  References to “days” mean calendar days unless otherwise specified.  References to times of the day are to the Eastern Time zone unless otherwise specified.
Article II
TRANSITION SERVICES
Section 2.1.    Transition Services; Term.
(a)    Upon the terms and subject to the conditions set forth herein and in consideration of the fees payable by Buyer pursuant to Article III, Seller shall provide, cause its Affiliates to provide, or otherwise make available, to Buyer, the Transition Services for the Term.  A detailed description of each Transition Service to be provided by Seller to Buyer hereunder is set forth in Appendix A.
(b)    Buyer shall promptly notify Seller upon becoming aware of a change to the scope of the Transition Services that is required in order for Buyer to comply with existing, new or changes in any law that materially affects a service required to be provided under the Transferred Contracts (each a “Mandatory Change”).  
(i)    Upon receipt of notice of a Mandatory Change, (A) Seller shall reasonably promptly implement such Mandatory Change for the period specified by Buyer (subject to Section 2.5(b)) in good faith and perform its obligations with respect to such Mandatory Change and (B) each Party shall use its commercially reasonable efforts to negotiate in good faith the additional terms, 

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conditions and charge, if any, for such Mandatory Change, to be documented in an amendment to Appendix A, provided that in the event the Parties are unable to agree on the additional charge, if any, for such Mandatory Change, Buyer shall pay Seller the full amount of any and all actual and direct out-of-pocket expenses (including (x) base salary, wages, bonus (not to exceed 15% of base salary) and other benefits  and (y) the depreciated portion of capital expenditures for hardware and software) incurred by the applicable Seller Party in connection with the provision of such additional Transition Services. Seller shall have the discretion to use a Third-Party Provider as necessary to perform any such Mandatory Change, the cost of which shall be passed-through to Buyer without any profit or mark-up; provided, that Seller provides Buyer with prior written notice of its use of any Third-Party Provider, which notice shall include the estimated cost of such Third-Party Provider.  
(ii)    Upon receipt of notice of a Mandatory Change, if and to the extent Seller disputes Buyer’s determination that such change in Transition Services is a Mandatory Change, Buyer’s and Seller’s respective Contract Managers shall meet and resolve any disagreements concerning such Mandatory Change pursuant to Section 2.10 hereof. 
(c)    Subject to Section 2.5(b), Seller shall provide the applicable Transition Services for the period specified for each Transition Service outlined in Appendix A and any Transition Service resulting from a Mandatory Change for a period of up to (12) months after the Closing (the “Initial Transition Services Term”); provided, however, that, subject to the termination rights set forth in Article V hereof, Buyer shall have the option to extend the Initial Transition Services Term for up to two (2) periods of ninety (90) days each (each an “Optional Transition Services Term” and together with the Initial Transition Services Term, the “Term”) upon written notice to Seller no less than sixty (60) days prior to the expiration of the Initial Transition Services Term or sixty (60) days prior to the expiration of the initial Optional Transition Services Term, as applicable.
Section 2.2.    Seller’s Affiliates and Third-Party Providers.  In providing, or otherwise making available, the Transition Services to Buyer, Seller shall have the right to use Seller Personnel or employ the services of contractors, subcontractors, vendors or other third-party providers (each, a “Third-Party Provider”); provided, however, that Seller shall remain obligated to Buyer for all obligations undertaken by Seller Personnel and Third-Party Providers.  Each of Seller, its Affiliates and any other Person used by Seller to provide Transition Services shall be referred to as a “Seller Party”.  
Section 2.3.    Nature and Quality of Transition Services.  Buyer understands and agrees that Seller is not in the business of providing Transition Services to third parties and that the Transition Services shall be performed in a manner that is substantially consistent with the manner in which such Transition Services were generally performed by Seller or a Seller Party for the Business prior to the Closing Date (except as such Transition Services differ because of the need to follow legal corporate formalities), which shall mean, with respect to the Transition Services set forth in Schedule 1 of Appendix A, substantially consistent with the services performed by Seller during the twelve (12) month period immediately prior to the Closing Date in respect of the Transferred Contracts, and with respect to the Transition Services set forth in Schedules 2-4 of Appendix A, consistent with diligent, commercially reasonable efforts performed in a workmanlike, professional manner, in view of prevailing industry standards (the immediately preceding provision, 

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the “Performance Covenant”).  Notwithstanding anything to the contrary herein, Seller shall not be liable under this Agreement for any failure to provide or make available Transition Services as set forth herein to the extent such failure was the direct result of Personnel of the relevant Seller Party performing the services in accordance with written instructions provided by Buyer where such instructions are inconsistent with the manner in which such Transition Services were generally performed by Seller or a Seller Party for the Business or under the terms of the Transferred Contracts prior to the Closing Date.  In no event shall Seller be required to make any customization to the Transition Services (or Seller’s systems or processes) that is unique to the Buyer. 
Section 2.4.    [Reserved]
Section 2.5.    Limitations.  In addition to any other limitation or exclusion of Seller’s obligations or liability hereunder, the Parties agree as follows:
(a)    Buyer as Sole Beneficiary.  Buyer acknowledges and agrees that access to and use of the Transition Services is provided solely for the use of Buyer and its Affiliates, and for the operation of the Business, which includes provision of products and/or services of the Business to Buyer’s customers, during the Term.  Except in the operation of the Business, Buyer shall not directly or indirectly resell to or allow access to or use of Transition Services by any other Person or for any other purpose without the prior written consent of Seller, which consent may be granted or withheld in Seller’s sole discretion.  Except in the operation of the Business, in no event shall any third party engaged by Buyer be entitled to access the Transition Services or any systems of Seller, its Affiliates or Third-Party Providers and in no event shall Buyer, its Affiliates or its respective employees, third-party technology consultants or other personnel be entitled to modify any systems or processes of Seller, its Affiliates or Third-Party Providers. 
(b)    Other Limitations.  Unless otherwise agreed to in writing by Seller, Seller shall not be obligated to provide, or cause to be provided, any Transition Service (i) in a volume or quantity or at a level of service which exceeds the greater of (A) the volumes, quantities or levels of the services provided to or by the Business as of the Closing Date or (B) as applicable to a particular Transition Service, the volumes, quantities or levels of services provided for in a Transferred Contract as in effect on the Closing Date, (ii) in a jurisdiction in which such Transition Service was not provided prior to the Closing Date and where a license or permit from a Governmental Authority is required to perform the Transition Service in such jurisdiction and Seller does not hold such license or permit and cannot obtain such Transition Service from a duly licensed Third-Party Provider upon commercially reasonable terms, or (iii) in a manner that would materially interfere with the conduct of Seller’s registry services businesses as such businesses are conducted as of the date of the Purchase Agreement and with respect to the Transition Services provided in Schedule 1 of Appendix A, as such businesses are conducted as of or following the date of this Agreement; provided, however, that new top level domain names or registry services launched after the Closing Date will be deemed to be a part of Seller’s registry services businesses as of the date of this Agreement, and provided further that in the event Seller determines that the provision of any Transition Service should be altered or limited in an manner by virtue of this clause (iii), Seller shall use commercially reasonable efforts to modify the manner in which such Transition Services are provided such that they no longer materially interfere with the conduct of Seller’s registry 

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services businesses.  Certain of the Transition Services descriptions in Appendix A may expressly set forth assumptions regarding the volume or quantity of service expected to be provided, based upon corresponding volumes or quantities prior to the Closing Date, taking into account anticipated or reasonable growth or decline of the Business (each, a “Baseline Assumption” and collectively, the “Baseline Assumptions”). If the volumes, quantities or levels of the services provided with respect to any Transition Service are outside of the ranges provided for Baseline Assumptions for such Transition Service for a period of three (3) months or more (the “Baselined Period”), then each of Buyer and Seller shall use its commercially reasonable efforts to negotiate an amendment to Appendix A to account for such cost increase or decrease, and if no such agreement is reached within thirty (30) days thereafter, the applicable fee shall be adjusted, in the first (1st) month thereafter, in proportion to the increase or decrease in the applicable baseline volume averaged over such Baselined Period.  In no event shall Seller be obligated under this Agreement to maintain the employment of any specific employee during the Term, and, without limitation of any of the other terms and conditions of this Agreement (including Section 2.2), Seller shall retain the sole right to select, employ, pay, supervise, administer, direct and discharge any of the Seller Personnel who will perform the Transition Services.  
Section 2.6.    Force Majeure.  Subject to Seller’s compliance with the Performance Covenant, the obligations of Seller to provide a Transition Service will be suspended to the extent necessary during the period and to the extent that Seller (or the other relevant Seller Party) is prevented, hindered or delayed from providing such Transition Service by any cause beyond the reasonable control of Seller (or the other relevant Seller Party), including by acts of God, civil disturbances, accidents, acts of war or conditions arising out of or attributable to war (whether declared or undeclared), terrorism, rebellion, insurrection, riot, invasion, fire, storm, flood or earthquake, except to the extent that the impact thereof could not have been averted or mitigated through the use of commercially reasonable efforts, or through the proper implementation of commercially reasonable disaster recovery or business continuity planning.  In such event, (i) Seller shall give written notice of such suspension to Buyer, as soon as reasonably practicable but no later than five Business Days after its start, stating the date and extent of such suspension, the cause thereof, its likely or anticipated potential duration, and the general effect of the event on Seller’s ability to perform its obligations under this Agreement, (ii) Seller (or the relevant Seller Party) shall (A) use all commercially reasonable efforts to mitigate and overcome such cause and (B) resume the provision of such Transition Service as soon as reasonably practicable after the removal of such cause, (iii) Buyer shall not be required to pay amounts in respect of such Transition Service hereunder to Seller in respect of such period of time during which Seller (or the other relevant Seller Party) is prevented from providing such Transition Service and (iv) the applicable Term for the provision of such Transition Service shall be extended (subject to payment of the fees set forth in Article III with respect to such extension period) for a period equal to the time lost by reason of such cause.  If, however, Seller (or the relevant Seller Party) cannot perform such delayed Transition Service for a period of 30 days due to such cause, then Buyer reserves the right to terminate such Transition Service and make corresponding changes to Appendix A (including a reduction in any amounts otherwise due hereunder to Seller with respect to fees and charges for the Transition Service so terminated accruing after the date of such termination, but without further liability to Seller).  Any changes necessitated by the terms of this paragraph shall be evidenced as soon as practicable by an amendment to the relevant Transition Service outlined in Appendix A, to the extent an amendment 

7

is deemed necessary by Seller or Buyer.  After the period of disability but before the end of the applicable Term, Buyer may reinstate such Transition Service upon written notice to the Seller.
Section 2.7.    Information.  During the Term, Buyer shall provide Seller or an applicable Seller Party with all information available to Buyer reasonably requested by Seller or the applicable Seller Party as reasonably necessary or desirable for the performance of the Transition Services.
Section 2.8.    Access.
(a)    To the extent reasonably required for Seller or a Seller Party to perform, or otherwise make available, the Transition Services, Buyer shall cooperate with Seller or the applicable Seller Party in the provision of the Transition Services. To the extent reasonably requested by Buyer, Seller shall provide Buyer with reasonable access to the Business Records relating to the Transferred Contracts (for such Consented Customers) and Transition Services as set forth in Appendix A.
(b)    Whenever present at the other Party’s premises, a Party shall (i) limit access to those of its employees, agents or contractors with a bona fide need to have such access in connection with the exercise of its rights or fulfillment of its obligations hereunder and (ii) comply and shall cause its Personnel to comply in all material respects with all applicable on-site rules, regulations, policies and procedures of the other Party and all reasonable instructions or directions, in each case issued by such Party and provided to the other Party in advance, and otherwise conduct themselves in a businesslike manner.  
Section 2.9.    Seller’s Systems.
(a)    In the course of providing the Transition Services and subject to the terms and conditions of the Purchase Agreement and this Agreement, Seller grants Buyer a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use Seller’s interfaces in a read-only manner (which access shall include the ability to download and export applicable Supported Customer files and data), including, but not limited to, Covered Services customer portals and related application programming interfaces, as determined in Seller’s sole discretion (the “Seller’s Systems”). 
(b)    Section 2.9(a) is subject to and conditioned upon the following:  
(i)    Buyer shall (a) limit access and use of the Seller’s Systems to only Buyer Personnel who are specifically authorized to have such access and (b) not permit either direct or indirect use of the Seller’s Systems by any other third party. Buyer shall (1) ensure that Buyer Personnel accessing the Seller’s Systems have entered into confidentiality agreements containing provisions substantially as protective as the confidentiality provisions in Purchase Agreement and this Agreement and (2) be liable for the acts and/or omissions of Buyer Personnel.
(ii)    Buyer and Buyer Personnel shall: 
(A)    comply with all industry best practices with regards to security procedures and requirements when using and accessing the applicable Seller’s Systems;

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(B)    limit use and access (1) only to those portions of the Seller’s Systems for which they are authorized and (2) solely with respect to the Transition Services; and/or 
(C)    maintain reasonable security measures to protect the applicable Seller’s Systems from any access by (1) unauthorized third parties and/or (2) any virus, worm, trojan horse, harmful code or attachment.
(iii)    Unless expressly provided for in the Purchase Agreement or this Agreement, Buyer and Buyer Personnel shall not undertake, or attempt to undertake, the following prohibited activities: 
(A)    accessing and using the Seller’s Systems (1) for any unlawful, unauthorized, infringing, defamatory, malicious or fraudulent purpose or (2) in violation of applicable law;
(B)    modifying, disassembling, decompiling, reverse engineering, creating derivative works of, or making any other attempt to discover or obtain the source code for any portion of the Seller’s Systems;
(C)    hacking, pinging, flooding, mail bombing, denial of service attacks or any other activities that disrupt the use of or interfere with the ability of others to effectively use the Seller’s Systems; 
(D)    tampering with, altering, destroying, violating, compromising or circumventing any (1) security or audit measures employed by Seller and/or (2) data of Seller;
(E)    disabling, damaging, disrupting or impairing the normal operation of, any of the Seller’s Systems (including, but not limited to, materially interfering with or disrupt Seller’s network or third-party networks connected to Seller’s network);
(F)    establishing any type of external network connectivity with or into the Seller’s Systems, including WAN or Internet connectivity, without the prior written consent of Seller (email acceptable); and/or
(G)    use the Seller’s Systems in a manner that constitutes excessive or abusive usage in Seller’s good faith discretion.
(c)    Buyer shall cooperate with Seller in any investigation of any apparent violation of Section 2.9(b), including, but not limited to, an unauthorized access to the Seller’s Systems or unauthorized use of data and information within the Seller’s Systems. If Seller determines, in its good faith discretion that Buyer or Buyer Personnel has failed to comply with any part of Section 2.9(b)(iii)(A), (C), (D) or (E), or undertakes or attempts to undertake any of the prohibited activities described in Section 2.9(b), then Seller may (i) with respect to Sections 2.9(b)(iii)(A), (C) or (E), immediately (x) without notice (and no opportunity to cure) suspend or deny or (y) subject to notice 

9

(which may delivered via electronic mail) and an opportunity to cure for a twenty-four (24) hour period after Seller provides such notice, terminate, Buyer’s or such Buyer Personnel’s access to the Seller’s Systems or (ii) with respect to any other provision of Section 2.9(b) (subject to notice (which may delivered via electronic mail) and an opportunity to cure for a twenty-four (24) hour period after Seller provides such notice) suspend, deny or terminate Buyer’s or such Buyer Personnel’s access to the Seller’s Systems. Such action is in addition to any other rights Seller may have under this Agreement or under applicable Law, and Seller shall have no liability with respect to any action taken, or inaction, in connection with Section 2.9(b). 
(d)    Buyer acknowledges and agrees that neither it nor Buyer Personnel have any expectation of privacy when accessing or using the Seller’s Systems. Without limiting any of its other rights under this Agreement or under applicable Law, Seller shall have the right to restrict and monitor the use of the Seller’s Systems, and to access, seize and copy any information, data or files developed, processed, transmitted, displayed, reproduced or otherwise accessed in conjunction with such use. Seller may exercise its rights reserved hereunder solely: (i) to verify the performance or use of the Transition Services; or (ii) to ensure compliance by Buyer or Buyer Personnel with the obligations expressly set forth in this Section 2.9. Buyer will advise Buyer Personnel concerning the rights stated hereunder.
(e)    Except for any limited license expressly granted in this Agreement, Buyer acknowledges that Seller retains all right, title and interest in and to the Seller’s Systems.
(f)    In connection with Buyer’s use of and access to the Seller’s Systems under Section 2.9, any and all information relating to such use and access (including, but not limited to, all user names, passwords and other authentication techniques used by Buyer to access the Seller’s Systems) shall be handled in accordance with the confidentiality provisions set forth in Section 6.18 of this Agreement and, for the avoidance of doubt, any information retained by Seller as permitted by Section 2.9(d) shall be deemed Confidential Information of Buyer.
(g)    THE SELLER’S SYSTEMS ARE PROVIDED “AS IS,” “WHERE IS,” “AS AVAILABLE” AND WITHOUT ANY WARRANTY WHATSOEVER AND, TO THE MAXIMUM EXTENT PERMITTED BY LAW, SELLER DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT AND ANY WARRANTY ARISING OUT OF A COURSE OF PERFORMANCE, DEALING OR TRADE USAGE. SELLER DOES NOT WARRANT THAT USE OF THE SELLER’S SYSTEMS WILL BE UNINTERRUPTED OR ERROR FREE.
(h)    In connection with the foregoing provisions of this Section 2.9, Seller hereby covenants and agrees to use commercially reasonable efforts to provide Buyer with use of and access to the Seller’s Systems (the “Access Covenant”).
(i)    The rights granted to Buyer pursuant to this Section 2.9 apply only with respect to access to Supported Customer files and data contained in the Seller’s Systems. Additionally, Buyer hereby acknowledges and agrees that, subject to Seller’s continued compliance with the Access Covenant, Buyer’s sole remedy for a breach by Seller of its obligations under Section 2.9 is continued 

10

access to and provision of, for the Term, the information contemplated under the heading “Customer Data Migration” in Schedule 2 of Appendix A.
Section 2.10.    Contract Manager.
(a)    Seller and Buyer shall each appoint an individual to act as its primary point of operational contact for the administration and operation of this Agreement, as follows:  each individual appointed by Seller or Buyer, as applicable, as such Party’s primary point of operational contact pursuant to this Section 2.10 (each, a “Contract Manager”) shall have overall responsibility for coordinating for the Party he or she represents all activities undertaken by such Party hereunder, for the performance of such Party’s obligations hereunder, for coordinating the performance of the Transition Services, for acting as a day-to-day contact with the other Party, for making available to the other Party the data, facilities, resources and other support services required for the performance of the Transition Services in accordance with the terms of this Agreement, and for resolving any disagreements concerning Mandatory Changes pursuant to Section 2.1.  Seller and Buyer may change their respective Contract Managers from time to time upon notice to the other and shall notify the other of such change as promptly as practicable.
(b)    Except as mutually agreed by the Contract Managers, the Contract Managers shall confer by telephone at least weekly to discuss the Transition Services and their provision, including the monitoring of compliance therewith by Seller, the management of any associated risks arising from the Transition Services and the resolution of any problems or issues associated with the Transition Services.  Such telephone conferences shall take place at the times agreed by the Contract Managers.
(c)    Seller and Buyer hereby designate the following individuals to act as their respective Contract Managers for purposes of this Agreement:
(i)    Contract Manager for Seller:
Name: John Cochran
Title: Sr. Director
Phone: (703) 948-4438
Email: jcochran@verisign.com
(ii)    Contract Manager for Buyer:
Name: Shailesh Shukla (or Authorized Designee)
Title: Vice President & General Manager
Phone: +1 (415) 659-1479
Email: Shailesh.Shukla@team.neustar, with copies to Saber Martin (Saber.Martin@team.neustar or +1 (703) 464-4065)
(d)    The Contract Managers may appoint certain Personnel who will serve as the primary contact persons for specific Transition Services.  A Party may add an additional Contract Manager or change its Contract Manager by providing written notice to the other Party.

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Section 2.11.    Acknowledgements, Representations and Warranties.
(a)    Seller’s Representations and Warranties.  In connection with the Transition Services, Seller represents, warrants and covenants that:
(i)    Seller will comply in all material respects with all applicable Laws, ordinances, rules and regulations in performing the Transition Services;
(ii)    (A) Seller possesses sufficient legal right, title or interest in or to any of its Intellectual Property Rights that will be used in performing the Transition Services, and (B) to the best of its knowledge, the Transition Services will not infringe on, violate or misappropriate any Intellectual Property Rights of any third party (in either case, other than the consents and approvals required in connection with the assignment of the Transferred Contracts or the sharing of Business Records or other data thereunder)); 
(iii)    To the knowledge of Seller, the provision of such Transition Services does not violate any agreement or license to which Seller, its Affiliates or any other service provider hereunder are subject as of the effective date of this Agreement, or otherwise require any waiver, permit, consent or similar approval from any third party (other than the consents and approvals required in connection with the assignment of the Transferred Contracts or the sharing of Business Records or other data thereunder);
(iv)    to the best of its knowledge, the provision of the Transition Services will not materially interfere with the conduct of Seller’s registry services business as such businesses are conducted as of the date of the Purchase Agreement; and
(v)    to the best of its knowledge, the Transition Services constitute all of the services that are necessary or reasonably to be expected for the orderly transition of the Transferred Assets.
(b)    Buyer’s Acknowledgement; Representations and Warranties.  In connection with the Transition Services, Buyer represents, warrants and covenants that, to the best of its knowledge, the Transition Services constitute all of the services that are necessary or reasonably to be expected for the orderly transition of the Transferred Assets. Buyer understands that the Transition Services provided hereunder are transitional in nature and are furnished solely for the purpose of accommodating and facilitating the transfer of the Business from Seller to Buyer.  Buyer agrees to transition the performance of the Transition Services to its own internal organization or other third-party suppliers for the Transition Services no later than the end of the Term.
Section 2.12.    Exception to Obligation to Provide Transition Services.  Notwithstanding anything to the contrary contained herein, Seller shall not be obligated to provide any Transition Services if (i) there is a change in applicable Law to which Seller, its Affiliates or any Third-Party Provider are subject in respect of the Transition Services to be provided hereunder, and (ii) Seller reasonably determines that the provision of such Transition Services would likely violate such applicable Law; provided that, in any such case, Seller shall use commercially reasonable efforts to provide the relevant Transition Service (or a substantially similar function) in a manner that would 

12

comply with such applicable Law.  In the event that any Transition Service is not provided by virtue of this Section 2.12, Buyer shall not be required to pay amounts in respect of such Transition Service in respect of the period of time during which Seller (or the other relevant Seller Party) is not provided.
Section 2.13.    Excuse of Performance.  Seller’s delay or failure to perform its obligations under this Agreement shall be excused to the extent such delay or nonperformance is directly caused by (a) the acts or omissions of Buyer or a third party acting for or on behalf of Buyer to the extent such acts or omissions are necessary for Seller to perform its obligations hereunder, or (b) the failure of Buyer to perform any obligations of Buyer under this Agreement, following notice to Buyer of such failed performance and a reasonable opportunity to cure.  Seller shall use commercially reasonable efforts to perform its obligations notwithstanding such failure or nonperformance; provided, however, that Buyer shall work with Seller to remedy the failure and Buyer shall be responsible for any additional reasonable costs incurred by Seller in connection with performing the Transition Services as a result of such failure.

Article III
COMPENSATION FOR SERVICES
Section 3.1.    Fees.  As compensation for each Transition Service to be provided pursuant hereto and subject to Section 3.2 below, Buyer shall pay Seller the fees  as set forth below:
	
		
	Term
	Fees 

	(Initial Transitions Term)
Closing Date through June 30, 2019
	$1,350,000.00 per month

	(Initial Transitions Term)
July 1, 2019 through December 31, 2019
	$1,250,000.00 per month

	(Optional Transitions Service Term 1)
 January 1, 2020 through March 31, 2020
	$1,375,000.00 per month

	(Optional Transitions Service Term 2)
April 1, 2020 through June 30, 2020
	$1,700,000.00 per month

Section 3.2.    Termination or Reduction of Fees.  At any time subsequent to eight (8) months after the date of this Agreement, Buyer may, upon thirty (30) days’ prior written notice (which, for the avoidance of doubt, may not be provided by Buyer prior to eight (8) months after the date of this Agreement):
(a)    terminate the Transition Services with respect to the DDoS Protection Service if the Parties have achieved DDoS Protection Service Customer Completed Migration (as defined in Appendix A) for every customer of such service, in which case the fees payable pursuant to Section 3.1 shall be reduced by 65% for the remainder of the Term; 

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(b)    terminate the Transition Services with respect to the Managed DNS Service, Recursive DNS Service and DNS Firewall Service if the Parties have achieved MDNS Customer Completed Migration and Recursive DNS and DNS Firewall Customer Completed Migration (each as defined in Appendix A) for every customer of such services, in which case the fees payable pursuant to Section 3.1 shall be reduced by 25% for the remainder of the Term; and
provided that if Buyer has terminated the Transition Services in full in accordance with both subsections (a) and (b) above, then this Agreement shall terminate in full per the terms of Article V, and there shall be no fees payable pursuant to Section 3.1 for the remainder of the Term.
Section 3.3.    Payment of Fees and Charges.  Payment of the amounts due by Buyer hereunder shall be made monthly in advance, based on invoices issued by Seller to Buyer in the manner set forth in Section 3.4.  If this Agreement commences on a date other than the first day of a calendar month, Buyer shall not be obligated to pay any service fees or other amounts hereunder, including any proration thereof, for such calendar month. If this Agreement or a particular Transition Service is terminated on a date other than the last day of a calendar month, the fees for all of or the applicable Transition Services, as the case may be, shall be prorated based on the service fees set forth in Section 3.1 above.  Any payments pursuant to this Agreement shall be made within thirty (30) days after the date of the Seller’s invoices.
Section 3.4.    Invoices; Documentation.  Seller shall invoice Buyer in advance for all charges for the Transition Services provided to Buyer pursuant to this Agreement.  Such invoices shall be in a form reasonably acceptable to Buyer and include sufficient detail to support an audit and review by Buyer.  From time to time on written request by Buyer in respect of a Transition Service, Seller shall provide to Buyer such information in Seller’s possession with respect to such invoices as Buyer may reasonably request for the purpose of supporting the fees represented by such invoices, and Seller shall make its personnel available to answer such questions as Buyer may reasonably ask for such purpose.  Payment by Buyer of the amounts due by hereunder shall be prepaid on a monthly basis in accordance with the invoices issued by Seller to Buyer in the manner set forth in this Section 3.4.  
Section 3.5.    Taxes.  The amounts set forth herein with respect to fees, charges, expenses and other amounts due hereunder are exclusive of all Taxes (other than taxes based on net income or franchise or other taxes imposed in lieu of a tax on net income).  Buyer shall be responsible for and pay any sales, use, excise and value-added and other similar taxes imposed as a result of its receipt of Transition Services or with respect to the payments due to Seller hereunder (other than Seller’s Taxes based on its net income or franchise or other taxes imposed in lieu of a tax on net income).  Any Taxes for which Buyer is responsible must be listed as separate line items on Seller’s invoice.  All payments due to Seller shall be made without any deduction or withholding on account of any Tax except as required by Law in which case the sum payable by Buyer in respect of which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, Seller receives and retains (free from any liability in respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.  Any Taxes required to be paid by Seller in connection with this Agreement or the performance hereof will be promptly reimbursed to Seller by the Buyer and such 

14

reimbursement shall be in addition to the amounts required to be paid by the Buyer as set forth in Section 3.1 and Section 3.2.  Buyer shall not be obligated to pay any penalties, interest or late charges imposed as a result of Seller’s failure to remit such Taxes to the taxing authority on a timely basis.
Article IV
LIMITATION OF LIABILITY; DISCLAIMER OF WARRANTIES; INDEMNIFICATION
Section 4.1.    Limitation of Liability. Each Party’s maximum, cumulative and sole liability to the other Party under this Agreement for damages (based on breach of warranty, breach of contract, negligence, strict liability in tort or any other legal or equitable theory) shall not exceed Nineteen Million, Six Hundred Thousand Dollars ($19,600,000) in respect of the Transition Services; provided that the foregoing shall not (i) limit a Party from seeking equitable relief in accordance with Section 6.19 or  (iii) apply to any claim based on the fraud, gross negligence or willful misconduct of the other Party or its Affiliates. No Party hereto shall have any liability under any provision of this Agreement for any consequential, special, punitive, exemplary, or speculative damages, except to the extent such damages (A) are recovered by third parties in connection with losses indemnified under this Agreement or (B) are losses that constitute lost profits, consequential damages or diminution in value damages (“Specified Losses”) that were the direct, probable, and reasonably foreseeable consequence of the relevant breach and were not occasioned by special circumstances relating to the indemnified party; provided, however, that in no case will any Specified Losses be deemed to result from a failure to achieve a Customer Migration Event if a Post-Closing Payment (of any amount) becomes payable pursuant to the Purchase Agreement). A Party shall not recover under this Agreement and the Purchase Agreement for the same Loss.
Section 4.2.    Disclaimer of Warranties.
(a)    Except as expressly set forth in Section 2.11 and subject to Section 4.1 (Limitation of Liability), Buyer (on behalf of it and its Affiliates) acknowledges and agrees that Seller (on behalf of itself and its Affiliates) makes no representation or warranty with respect to the Transition Services; provided, however, that for the avoidance of doubt, the foregoing shall not limit the Seller’s representations and warranties under the Purchase Agreement.
(b)    EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, SELLER (ON BEHALF OF ITSELF AND ITS AFFILIATES) HEREBY EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES REGARDING THE TRANSITION SERVICES, WHETHER EXPRESS OR IMPLIED OR STATUTORY, INCLUDING ANY REPRESENTATION OR WARRANTY IN REGARD TO QUALITY, PERFORMANCE, NONINFRINGEMENT, MERCHANTABILITY OR FITNESS OF THE TRANSITION SERVICES FOR A PARTICULAR PURPOSE.
Section 4.3.    Indemnification.
(a)    Subject to Section 4.3(c) and Section 4.3(d), Buyer agrees to indemnify, defend and hold harmless each Seller Party, its Affiliates and each of its and their directors, officers, employees, agents and representatives (collectively, the “Seller Party Indemnitees”) from and against any and 

15

all claims, actions, demands, judgments, losses, costs, expenses, damages and liabilities (including reasonable, out-of-pocket attorneys’ fees and other expenses of litigation) by a third party (“Third Party Losses”) arising out of or connected with any breach by Buyer of its representations and covenants hereunder, except, in each case, for those arising out of the fraud, willful misconduct, or gross negligence of any of the Seller Party Indemnitees or breach of this Agreement by Seller.  
(b)    Subject to Section 4.3(c) and Section 4.3(d), Buyer agrees to indemnify, defend and hold harmless each Seller Indemnified Party from and against any and all Third Party Losses for which a customer of the Business (after the earlier of (x) when such customer has consented to the assignment of its Transferred Contract to Buyer and (y) the commencement of a Customer Migration Event with respect to such customer and such customer alleges contractual rights have transferred to Buyer by “course of performance”, “course of dealing” or similar contractual theory (such earlier time, the “Assignment Period”)) is obligated to indemnify Buyer or an Affiliate thereof pursuant to, and subject to the limitations of, the terms of a Transferred Contract.
(c)    Subject to Section 4.3(a) and Section 4.3(b), Seller agrees to indemnify, defend and hold harmless Buyer, its Affiliates and each of its and their directors, officers, employees, agents and representatives (collectively, the “Buyer Party Indemnitees”) from and against any and all Third Party Losses arising out of or connected with any breach by Seller of its representations and covenants hereunder, except, in each case, for those arising out of the fraud, willful misconduct or gross negligence of any of the Buyer Party Indemnitees or breach of this Agreement by Buyer.
(d)    Subject to Section 4.3(a) and Section 4.3(b), Seller agrees to indemnify, defend and hold harmless each Buyer Indemnified Party from and against any and all Third Party Losses for which a customer of the Business (prior to the Assignment Period) is obligated to indemnify Seller or an Affiliate thereof pursuant to, and subject to the limitations of, the terms of a Transferred Contract.
(e)    An indemnified party shall use its commercially reasonable efforts to mitigate any Losses for which it is entitled to indemnification pursuant to this Section 4.3. The indemnifying party shall have the right, but not the obligation, and the indemnified party shall afford the indemnifying party the opportunity, to the extent reasonably possible, to take all available steps to minimize Losses for which the indemnified party is entitled to indemnification before the indemnified party actually incurs such Losses.  
Article V
TERM AND TERMINATION
Section 5.1.    Effective Date and Final Term.  This Agreement shall become effective on the Closing Date and, unless terminated earlier pursuant to Section 5.2 below, shall remain in full force and effect until the date (the “Final Term”) of expiration of the last Term to expire for any Transition Service hereunder.
Section 5.2.    Termination.  This Agreement may be terminated at any time prior to the Final Term:

16

(a)    by the mutual written consent of Seller and Buyer;
(b)    by either Party for a material breach of this Agreement (including any payment default, unless Buyer is disputing the obligation to make such payment in good faith and in accordance with Section 3.3(b)) by the other Party that is not cured within thirty (30) days after written notice by the terminating Party; 
(c)    by Buyer, with respect to all Transition Services, upon at least sixty (60) days’ prior written notice, subject to Buyer’s payment of all fees due to Seller for the remaining portion of the relevant Term; or
(d)    by Buyer in accordance with Section 3.2.
Section 5.3.    Effect of Termination.  Upon the termination or expiration of this Agreement or any Transition Service, no Party shall have any rights or obligations hereunder or thereunder except as set forth in Section 5.4.  Nothing provided herein shall limit or restrict any rights or privileges provided in the Purchase Agreement or the other Ancillary Agreement, or in this Agreement to the extent such rights or privileges are intended to survive the applicable termination.
Section 5.4.    Survival.  Subject to Section 4.1, nothing herein shall relieve either Party from liability for any breach of this Agreement occurring prior to the termination or expiration hereof.  The provisions of Article I, Section 2.11, Article III, Article IV, Article VI, Section 5.3, and this Section 5.4 shall survive the expiration or termination of this Agreement.
Article VI
GENERAL PROVISIONS
Section 6.1.    Waiver; Extension.  Either Party may (a) extend the time for performance of any of the obligations or other acts of the other Party contained herein, as agreed to in writing by the Parties, or (b) waive compliance by the other Party with any of the agreements contained herein.  Any agreement on the part of a Party to any such extension or waiver shall be valid only if set forth in a written agreement signed on behalf of such Party.  Unless otherwise specifically agreed in writing to the contrary, no failure or delay of either Party in exercising any right or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such right or power, or any course of conduct, preclude any other or further exercise thereof or the exercise of any other right or power.  Any agreement on the part of either Party to any such waiver shall be valid only if set forth in a written instrument executed and delivered by a duly authorized officer on behalf of such Party.
Section 6.2.    Expenses; Payments.
(a)    Except as otherwise provided herein, all fees and expenses incurred in connection with or related to this Agreement and the transactions contemplated hereby shall be paid by the Party incurring such fees or expenses, whether or not such transactions are consummated.

17

(b)    Unless otherwise indicated, all dollar amounts stated in this Agreement are stated in U.S. currency, and all payments required under this Agreement shall be paid in U.S. currency in immediately available funds.
Section 6.3.    Notices.  All notices and other communications hereunder shall be in writing and shall be deemed duly given (a) on the date of delivery if delivered personally, or if by facsimile, upon written confirmation of receipt by facsimile, (b) on the first Business day following the date of dispatch if delivered utilizing a next-day service by a recognized next-day courier or (c) on the earlier of confirmed receipt or the fifth Business day following the date of mailing if delivered by registered or certified mail, return receipt requested, postage prepaid.  All notices hereunder shall be delivered to the addresses set forth below, or pursuant to such other instructions as may be designated in writing by the Party to receive such notice:
	
		
	(i)
	if to Seller, to:

	 
	 

	 
	VeriSign, Inc.

	 
	12061 Bluemont Way

	 
	Reston, VA 20190

	 
	Attention:  General Counsel

	 
	Telephone: (703) 948-3200

	 
	Facsimile: (703) 435-4921

	 
	 

	 
	with copies (which shall not constitute notice) to:

	 
	 

	 
	VeriSign, Inc.
12061 Bluemont Way
Reston, VA 20190 
Attention: Kevin Ristau, Vice President and Associate General Counsel 
Telephone: (703) 948-3200
Facsimile: (703) 435-4921
Electronic mail:  kristau@verisign.com

Orrick, Herrington & Sutcliffe LLP

	 
	1152 15th St., NW

	 
	Washington, D.C. 20005

	 
	Attention each of: Geoff Willard / David Ruff

	 
	Facsimile to each of: 202.339.8500 (Attn: G. Willard) and 
212.506.5151 (Attn: D. Ruff)

	 
	 

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	(ii)
	if to Buyer, to:

	 
	 

	 
	Neustar, Inc.

	 
	21575 Ridgetop Circle

	 
	Sterling, VA 20166

	 
	Attention:  Chief Financial Officer

	 
	Facsimile: (571) 434-3404

	 
	Electronic mail:  Carolyn.ullerick@team.neustar

	 
	 

	 
	with copies (which shall not constitute notice) to:

	 
	 

	 
	Golden Gate Private Equity, Inc.

	 
	One Embarcadero Center, 39th Floor

	 
	San Francisco, CA  94111

	 
	Attention:  Rishi Chandna; Stephen Oetgen

	 
	Facsimile: (415) 983-2701

Section 6.4.    Severability.  If any term or other provision of this Agreement is held to be invalid, illegal or incapable of being enforced by any rule of Law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as either (a) the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party, or (b) such Party waives its rights under this Section 6.4 with respect thereto.  Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible.
Section 6.5.    Entire Agreement.  This Agreement (including the Appendices hereto), the Purchase Agreement and the Ancillary Agreements constitute the entire agreement, and supersede all prior written agreements, arrangements, communications and understandings and all prior and contemporaneous oral agreements, arrangements, communications and understandings between the Parties with respect to the subject matter hereof and thereof.
Section 6.6.    Assignment; Successors.  Neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise, by either Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld by Seller; provided, however, that Seller may reasonably withhold its consent to Buyer’s assignment of this Agreement to an acquirer of all or a material portion of Buyer’s Digital Defense and Performance Solutions business (i.e., Security Solutions) if such acquirer (i) is listed on Schedule 6.6 hereof, (ii) is domiciled in a country (other than Spain, Italy, Taiwan or Israel) that has a score of 65 or lower on the 2017 version of the Corruption Perceptions Index published by Transparency International, or (iii) is 

19

designated on, or is directly or indirectly controlled by one or more persons designated on, the U.S. Department of the Treasury, Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons List; provided, further, that, subject to the limitations set forth in subsections (i), (ii) and (iii) above, for the avoidance of doubt, no consent shall be required from Seller for any assignment by Buyer to an acquirer of all or a material portion of any other business of Buyer (other than Buyer’s Digital Defense and Performance Solutions business (i.e., Security Solutions)), in connection with a sale of all or a material portion of the capital stock or other equity interests or the assets or business of Buyer or an assignment to any subsidiary or controlled Affiliate of Buyer, in each case, if such assignee agrees in writing to be bound by this Agreement. Buyer will remain primarily liable for its obligations hereunder, notwithstanding any assignment hereunder.  Any assignment in contravention of this Section 6.6 shall be null and void.  Subject to the preceding sentences of this Section 6.6, this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the Parties and their respective successors and assigns. 
Section 6.7.    Parties in Interest.  This Agreement shall be binding upon and inure solely to the benefit of each Party, and nothing in this Agreement, express or implied, is intended to or shall confer upon any Person other than the Parties and their respective successors and permitted assigns any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except with respect to the provisions of Section 4.3, which shall inure to the benefit of the Persons benefiting therefrom who are intended to be third-party beneficiaries thereof. 
Section 6.8.    Amendments.  This Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument in writing specifically designated as an amendment hereto, signed on behalf of each Party.
Section 6.9.    Governing Law.  This Agreement and all disputes or controversies arising out of or relating to this Agreement shall be governed by, and construed in accordance with, the internal laws of the State of Delaware, without regard to the laws of any other jurisdiction that might be applied because of the conflicts of laws principles of the State of Delaware.
Section 6.10.    Submission to Jurisdiction.  Each of the Parties irrevocably agrees that any Action arising out of or relating to this Agreement brought by either Party or its successors or assigns against the other Party shall be brought and determined in the Court of Chancery of the State of Delaware, provided, however, that if jurisdiction is not then available in the Court of Chancery of the State of Delaware, then any such Action may be brought in any federal court located in the State of Delaware or any other Delaware state court, and each of the Parties hereby irrevocably submits to the exclusive jurisdiction of the aforesaid courts for itself and with respect to its property, generally and unconditionally, with regard to any such Action arising out of or relating to this Agreement.  Each of the Parties agrees not to commence any Action relating thereto except in the courts described above in Delaware, other than actions in any court of competent jurisdiction to enforce any judgment, decree or award rendered by any such court in Delaware as described herein.  Each of the Parties further agrees that notice as provided herein shall constitute sufficient service of process and the Parties further waive any argument that such service is insufficient.  Each of the Parties hereby irrevocably and unconditionally waives, and agrees not to assert, by way of motion or as a defense, 

20

counterclaim or otherwise, in any Action arising out of or relating to this Agreement, (a) any claim that it is not personally subject to the jurisdiction of the courts in Delaware as described herein for any reason, (b) that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) that (i) the Action in any such court is brought in an inconvenient forum, (ii) the venue of such Action is improper or (iii) this Agreement, or the subject matter hereof, may not be enforced in or by such courts.
Section 6.11.    Waiver of Jury Trial.  EACH OF THE PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.
Section 6.12.    Counterparts.  This Agreement may be executed and delivered in two or more counterparts, all of which shall be considered one and the same instrument and shall become effective when one or more counterparts have been signed by each of the Parties and delivered to the other Party.
Section 6.13.    Facsimile or .pdf Signature.  This Agreement may be executed and delivered by facsimile, .pdf or other electronic signature (including via DocuSign or similar service) and a facsimile, .pdf or other electronic signature (including via DocuSign or similar service) shall constitute an original for all purposes.
Section 6.14.    No Presumption Against Drafting Party.  Each Party acknowledges that such Party has been represented by legal counsel in connection with this Agreement and the transactions contemplated by this Agreement.  Accordingly, any rule of law or any legal decision that would require interpretation of any claimed ambiguities in this Agreement against the drafting Party has no application and is expressly waived.
Section 6.15.    Construction of Agreement.  Appendix A and Appendix B shall have the same force and effect as if expressly set out in the body of this Agreement, and any reference to this Agreement shall include Appendix A, Appendix B or any other Appendix or attachment to this Agreement.  Notwithstanding any other provisions in this Agreement to the contrary, in the event and to the extent that there shall be a conflict between the provisions of the body of this Agreement and Appendix A or Appendix B, the provisions of the body of this Agreement shall control (unless Appendix A or Appendix B explicitly provides otherwise).  Nothing herein is intended to modify, limit or otherwise affect the representations, warranties, covenants, agreements, and indemnifications contained in the Purchase Agreement, and such representations, warranties, covenants, agreements and indemnifications shall remain in full force and effect in accordance with the terms of the Purchase Agreement.
Section 6.16.    Further Assurances.  The Parties will use good faith efforts to cooperate with each other in all matters relating to the provision and receipt of the Transition Services.  Such cooperation shall include exchanging information and performing true-ups and adjustments.  

21

Section 6.17.    Relationship of the Parties.  Nothing contained in this Agreement will be deemed or construed as creating a joint venture or partnership between the Parties.  No Party is by virtue of this Agreement authorized as an agent, employee or legal representative of the other Party.  No Party will have the power to control the activities and operations of the other and their status is, and at all times will continue to be, that of independent contractors with respect to each other.  No Party will have any power or authority to bind or commit the other Party.  No Party will hold itself out as having any authority or relationship in contravention of this Section 6.17.
Section 6.18.    Confidentiality.
(a)    The Parties acknowledge that in connection with the provision and receipt of Transition Services, each Party may obtain access to Confidential Information of the other Party.  Each Party shall not, and shall ensure that its Affiliates shall not (i) use Confidential Information of the other Party except as contemplated herein, (ii) use or cause to be used Confidential Information for its own account or for the benefit of any third party, and (iii) directly or indirectly disclose, reveal, divulge or communicate Confidential Information of the other Party other than to the authorized officers and employees of such Party and its Affiliates, and in the case of Seller, to any Third-Party Provider as is reasonably required in connection with the exercise of its rights and obligations under this Agreement (and only subject to binding use and disclosure restrictions at least as protective as those set forth herein executed in writing by such employees and independent contractors).  Each Party may disclose Confidential Information of the other Party pursuant to any order or requirement of a court, administrative agency or other governmental body; provided, however, that such disclosing Party shall give reasonable and, if practicable, advance notice to the other Party of such order or requirement in order to give the other Party a reasonable opportunity to enjoin such disclosure, to limit the scope of such disclosure or to seek other protective orders.
(b)    Notwithstanding anything to the contrary contained herein:  (i) the restrictions and obligations in Section 6.18(a) shall not apply to any information that (A) is or becomes generally known to the public or in the applicable industry, other than as a result of a breach of this Agreement or the Purchase Agreement, (B) is known to the receiving Party at the time of disclosure without violation of any confidentiality restriction and without any restriction on the receiving Party’s further use or disclosure or (C) is independently developed by the receiving Party without access or reference to the Confidential Information disclosed by the disclosing Party; and (ii) any information included within the definition of Transferred Assets shall constitute Confidential Information of Buyer and not Seller.
(c)    Upon the expiration or termination of this Agreement, the receiving Party shall immediately cease using all Confidential Information of the other Party and, promptly after the disclosing Party’s request, deliver to the disclosing Party or securely erase, wipe clean and destroy, at the disclosing Party’s instruction, all documents or other materials containing, summarizing or referring to Confidential Information of the disclosing Party which are in the receiving Party’s possession, power or control, except to the extent the receiving Party is required to retain a copy of particular documents or materials in order to comply with Law or such Party’s internal record retention requirements.

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Section 6.19.    Specific Performance.  Each Party acknowledges that the Parties will be irreparably harmed and that there will be no adequate remedy at law for any violation by any Party of any of the covenants or agreements contained in Section 6.18 of this Agreement.  It is accordingly agreed that, in addition to any other remedies which may be available upon the breach of any such covenants or agreements, each of the Parties shall be entitled to equitable relief, without proof of actual damages, including an injunction or injunctions or orders for specific performance to prevent breaches of this Agreement and to enforce specifically the terms and provisions of Section 6.18 of this Agreement, in addition to any other remedy to which it is entitled at Law or in equity as a remedy for any such breach or threatened breach.  Each Party further agrees that no other Party or any other Person shall be required to obtain, furnish or post any bond or similar instrument in connection with or as a condition to obtaining any remedy referred to in this Section 6.19, and each Party irrevocably waives any right it may have to require the obtaining, furnishing or posting of any such bond or similar instrument.  Subject to and without limiting the rights arising under Section 5.1, each Party further agrees that the only permitted objection that it may raise in response to any action for equitable relief is that it contests the existence of a breach or threatened breach of Section 6.18 of this Agreement.
Section 6.20.    Data Privacy Agreement. Appendix B (Data Privacy Agreement) shall govern the Parties’ obligations with respect to the processing activities of each Party relating to Consented Customers under this Agreement. 
Remainder of this page intentionally left blank.  Signature page follows.

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IN WITNESS WHEREOF, the Seller and the Buyer have caused this Agreement to be executed as of the date first written above by their respective officers thereunto duly authorized.
	
		
	VERISIGN, INC.
	NEUSTAR, INC.

	 
	 

	 
	 

	 
	 

	By:
	By:

	Name:
	Name:

	Title:  
	Title:

        

24

APPENDIX A
TRANSITION SERVICES
Schedule 1:  Production Services 
		
	1.
	Definitions:

“Consented Customer” means a customer under any Transferred Contract who has consented to the assignment of its Contract from Seller (or any Affiliate thereof) to Buyer (or an Affiliate thereof), but who has not migrated to Buyer’s technology platform.
“Covered Services” means Verisign DDoS Protection Service, Verisign Managed DNS Service, Verisign Recursive DNS Plus Service, and Verisign DNS Firewall Service.
“Supported Customer” means any existing customer under any Transferred Contract that has not yet migrated from Seller’s technology platform to Buyer’s technology platform.  

		
	2.
	Service Descriptions:

1

	
		
	Service and Term
	Description

	Verisign DDoS Protection Service*
Service Term:  Closing Date through the Term
	To allow the migration of the DDoS protection business line to the Buyer, Seller will provide the Seller DDoS Protection Services to Supported Customers in accordance with the Supported Customers’ Transferred Contract as such contract exists as of the Closing Date of the Purchase Agreement. 
For the avoidance of doubt, Seller retains any and all rights to exercise its option to suspend or terminate services for a Supported Customer as expressly outlined under the Transferred Contract, including but not limited to, due to an Infrastructure Limitation or a Disrupting Event and other Seller rights as outlined in the Transferred Contracts.  In the event of a suspension or termination due to an Infrastructure Limitation or Disrupting Event or any material modification of services (to the extent permissible under this Agreement or the Purchase Agreement), Seller shall notify Buyer of Seller’s action as soon as is reasonably practicable, but in no event later than forty eight (48) hours after such suspension or termination. 
Definition of “DDoS Protection Service Customer Completed Migration”: a Transferred DDoS Contract is considered to have migrated when all of the following have occurred (as applicable):
a.Completion of configuration and set-up of the customer’s network and portal  within the Buyer’s environment, 
b.For Always On Customers, completion of switchover to Buyer’s network from Seller’s network, 
c.Completion of migration of all customer Monitored Routers and OpenHybrid Sources (as applicable) as defined in the applicable Transferred Contract,  for customers who purchase monitoring and/or OpenHybrid, and
d.The earlier of (A) thirty (30) days after conclusion of customer network configuration set-up except for those instances where future test dates have been scheduled and such dates have been communicated to Seller; (B) completion of testing; or (C) notice by migrated customer to Seller or by Buyer that migration is complete, provided that Seller shall be required to promptly notify Buyer of receipt of any such notice if received from a migrated customer.

Definition of “DDoS Customer Lost Migration” - a Transferred Contract for DDoS Protection Services is considered to be a “Lost Migration” when neither the Seller nor Buyer is providing for DDoS Protection Services associated with the Transferred Contract.

	Verisign Managed DNS Service*
Service Term:  Closing Date through the Term
	To allow the migration of the Managed DNS business line to the Buyer, Seller will provide the Seller Managed DNS Service to Supported Customers in accordance with the Supported Customers’ Transferred Contract as such contract exists as of the Closing Date of the Purchase Agreement.
For the avoidance of doubt, Seller retains any and all rights to exercise its option to suspend or terminate services for a Supported Customer as expressly outlined under the Transferred Contract, including but not limited to due to an Infrastructure Limitation or a Disrupting Event and other Seller rights as outlined in the Transferred Contracts. In the event of a suspension or termination due to an Infrastructure Limitation or Disrupting Event or any material modification of services (to the extent permissible under this Agreement or the Purchase Agreement), Seller shall notify Buyer of Seller’s action as soon as is reasonably practicable, but in no event later than forty eight (48) hours after such suspension or termination.

Definition of “MDNS Customer Completed Migration” - a Transferred MDNS Contract is considered to have a “Completed Migration” when only the Buyer is providing services associated with the Transferred Contract (excluding billing) and notification from Buyer or customer to Seller that the migration is complete.

Definition of “MDNS Customer Lost Migration” - a Transferred MDNS Contract is considered to be a “Lost Migration” when neither the Seller nor the Buyer is providing Managed DNS Services associated with the Transferred Contract

2

	
		
	Service and Term
	Description

	Verisign Recursive DNS Plus and Verisign DNS Firewall Services*
Service Term:  Closing Date through the Term
	To allow the migration of the Seller Recursive DNS Plus and Seller DNS Firewall Services business line to the Buyer, Seller will provide the Seller Recursive DNS Plus and Seller DNS Firewall Services to Supported Customers in accordance with the Supported Customers’ Transferred Contract as the terms exist as of the Closing Date of the Purchase Agreement.
For the avoidance of doubt, Seller retains any and all rights to exercise its option to suspend or terminate services for a Supported Customer as expressly outlined under the Transferred Contract,  including but not limited to due to a Disrupting Event and other Seller rights as outlined in the Transferred Contracts.  In the event of a suspension or termination related to a Disrupting Event or any material modification of services (to the extent permissible under this Agreement or the Purchase Agreement), Seller shall notify Buyer of Seller’s action as soon as is reasonably practicable, but no later than forty eight (48) hours after such suspension or termination.

Definition of “Recursive DNS or DNS Firewall Customer Completed Migration” - a Transferred Contract for Recursive DNS Service or DNS Firewall Service is considered to have a “Completed Migration” when only the Buyer is providing services associated with the Transferred Contract and notification from Buyer or customer to Seller that the migration is complete.
Definition of “Recursive DNS or DNS Firewall Customer Lost Migration” - a Transferred Contract for Recursive DNS Service  is considered to be a “Lost Migration” when neither the Buyer nor the Seller is providing services associated with the Transferred Contract.

	Customer Support 
Service Term:  Closing Date through the Term
	Seller will provide customer support to Supported Customers in accordance with the Supported Customers’ Transferred Contracts as of the Closing Date (as may be amended by Seller or Buyer pursuant to Section 2.5 (or Section 2.9) of the Purchase Agreement), until the earlier of expiration or termination of this Agreement or until affected Supported Customer has completed migration from Seller’s technology platform to Buyer’s technology platform.
Seller Customer Service will provide telephone and email support to Supported Customers on a 24/7 basis. 
Seller will provide Premium Support as specified in the applicable Transferred DDoS Contract for the Supported Customers.  
Reporting to Supported Customer shall be provided in accordance with the Transferred Contracts.

	Customer Support Referral
Service Term:  Closing Date through the Term
	During the Term of this Agreement, immediately after Customer has completed migration from Seller’s technology platform to Buyer’s technology platform, Seller will refer Consented Customers to the Buyer’s customer support team.

*Seller shall provide Buyer with the service level for the Supported Customers as set forth in the applicable Transferred Contract.
Seller shall be under no obligation to renew a Transferred Contract or to otherwise provide Transition Services with respect to a Supported Customer beyond the term of this Agreement, except as otherwise set forth in the Purchase Agreement.
Seller shall maintain a list of customers for each Transferred Contract who migrate away from Seller’s technology platform and Buyer shall maintain a list of customers for each Transferred Contract who migrate onto Buyer’s technology platform.
		
	3.
	Service Level Credits & Billing Adjustments:

In the event that a Supported Customer is eligible for an SLA Credit for Covered Services provided on the Seller’s platform, Seller shall provide the credit to the Supported Customer.  Such credit shall not be deducted from any 

3

amount remitted, or otherwise due, to Buyer. For the avoidance of doubt, it is the intent of the parties that Seller solely bear the financial obligations associated with issuance of any SLA Credit issued to a Supported Customer for Covered Services and that such not be passed to, or borne by, Buyer in any manner. For the avoidance of doubt, Supported Customer eligibility for SLA Credit for Covered Services shall be provided in accordance with the Transferred Contract.
Processing Billing Adjustments:  Customer billing Adjustments shall not be netted against, or added to, TSA fees.
Schedule 2:  Migration Support                                     
		
	1.
	Service Description:

	
		
	Transition Service and Term
	Description

	Migration Assistance
Service Term:  Closing Date through  the Term
	Seller will provide reasonable assistance to Buyer for migration of Supported Customers that have either (a) consented to assignment to Buyer’s service offering but have not yet migrated away from Seller to Buyer; or (b) entered into a new contract with Buyer for any of the Covered Services and have not yet fully migrated away from Seller to Buyer.  
Buyer shall organize all migration activities and shall coordinate any required interactions between Seller and Supported Customers during these migration activities. 

	Customer Data Migration
Service Term:  Closing Date through  the Term
	Until such time as Seller’s Systems are available, as outlined in Section 2.9, Seller shall provide the Supported Customers the following technical information:
·DDoS Protection Service historical information, as available, for each customer which includes 12 months of historical mitigation, monitoring and configuration which shall include the following items: (i) customers by primary redirection technique, migration feature and infrastructure; (ii) monitoring/mitigation, whitelist/blacklist and portal metrics; (iii) SSL Mitigations; (iv) return traffic methods for BGP customers; and (v) contract models (as available).
·Managed DNS Service historical information, as available, for each customer which includes 12 months of historical query counts which shall include the following items: (i) total primary and secondary domains and associated queries; (ii) total queries; (iii) total signed zone; (iv) premium and standard feature usage; and (v) access methods (as available).
·DNS Firewall Service historical information, as available, for each customer which includes historical logged events (as available).

		
	2.
	Customer, Third Party and Buyer Migrations Costs.  For the avoidance of doubt, Seller is not responsible for any Buyer, customer or other third party costs associated with or relating to Supported Customer migrating the Covered Services either a) away from Seller to Buyer or b) away from Buyer and back to Seller.

Schedule 3:  Financial Information, Billing and Collection
		
	1.
	Service Descriptions:

4

	
		
	Transition Service and Term
	Description

	Financial Information 
Service Term:  Closing Date through the Term
	Seller will provide assistance to Buyer’s accounting personnel to help resolve any accounting issues which may arise from Transferred Assets and Assumed Liabilities. In furtherance thereof, Seller will, to the extent constituting Business Records and subject to the provisions of the Purchase Agreement relating to Business Records, assist with the exchange and transfer of Business Records. Such assistance shall include knowledge and information relating to the following:

·The Transferred Contracts; and 
·Financial Information (as defined in the Purchase Agreement)

 Buyer acknowledges that it has sole responsibility for revenue recognition decisions.

	Invoicing 

Service Term - Closing Date through the Term
	Buyer and Seller will cooperate and work to transition billing capabilities for the Transferred Contracts to Buyer’s billing and customer relationship management systems as quickly as reasonably practicable.  In furtherance thereof, and only until Buyer has transitioned the Supported Customer’s that have consented to assignment onto Buyer’s billing and customer relationship management systems, Seller will create and distribute to such customers, on behalf of Buyer, billing invoices pursuant to the frequency and method of delivery (whether via email with .pdf attachments of invoices, overnight delivery or other transmittal method) specified in the Transferred Contracts.

Seller will assist with the migration process by including electronic attachments provided by Buyer as reasonably practical and as supported by Seller billing systems. 

The migration process may require the exchange of transaction information from Seller to Buyer for a limited time to support Buyer invoicing to the customer for partial months / dual platform scenarios.  

Under no circumstances will Seller be obligated to issue billing invoices with respect to any Buyer customers other than Supported Customers.

	Accounts Receivable

Service Term - Closing Date through the Term
	Seller will provide back office support for Supported Customers consistent with its current standard practice - including payment receipt (via current methods), payment application, and reconciliation. 

For Supported Customers, Seller will route adjustment requests - credits, debits, write-offs, non-pay suspension / termination - to Buyer for approval subject to specific dollar thresholds.

	Dunning

Service Term - Closing Date through the Term
	Seller, on behalf of Buyer, will email past-due notices for all Transferred Contracts for which Seller maintains invoicing responsibilities at regularly scheduled intervals per Seller’s customary practices, and respond to phone and email responses to dunning notifications.  If personnel previously employed by Seller (e.g., account management, customer support or sales operations personnel) become Transferred Employees, Buyer will provide reasonable access to such personnel to enable Seller to perform its obligations to Buyer hereunder.

	Collections

Service Term - Closing Date through the Term
	With respect to Supported Customers, Seller, on behalf of Buyer, will respond to inbound collection inquiries regarding status of net invoices pursuant to Seller’s customary credit and collections processes.  Within ten (10) business days after each month-end close during the term of this transition service, Seller and Buyer will conduct a monthly transition services receivables aging and collection review (either in person or via conference call), at which time Seller will make recommendations to Buyer for further action with respect to overdue invoices relating to Supported Customers.  If personnel previously employed by Seller (e.g., account management, customer support or sales operations personnel) have become Transferred US Employees, Buyer will provide reasonable access to such personnel to enable Seller to perform its obligations to Buyer hereunder.

All the Transition Services described in this schedule will apply to the Supported Customers under Transferred Contracts.

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SCHEDULE 3A:  Reporting and Financial Data

Note: the following reports will be provided in a form and with the following contents relating to Supported Customers.

	
			
	FUNCTION
	REPORT 
(Provided in a format consistent with Seller’s current practices to support the Transferred Contracts)
	TIMING

	Customer Support
	Supported Customer support open closed ticket report (i.e., summary of service tickets closed by service type):  
- by service;
- by customer;
- by reason code; and
- total
- 
Additional metrics:  
- number of tickets closed during the month;
- average time to close a ticket
- average time opened for each open ticket at end of reporting period
	Monthly (non-close monthly reports to be provided by seventh (7th) business day of each month)

	Finance - Close Data
	Detailed monthly billings by customer, product, and type (recurring, non-recurring, transactions, and any Sales and Use taxes) for purposes of posting to GL 
	Monthly (close monthly reports to be provided by fourth (4th) business day of each month)

	Finance - Close Data
	Aged accounts receivable listing (list of unpaid customer balances at month end by relevant aging bucket)
	Monthly (close monthly reports to be provided by fourth 4th) business day of each month)

	Finance - Close Data
	Detail of any adjustments issued during the month - credits / debits, write-offs
	Monthly (close monthly reports to be provided by the fourth (4th) business day of each month)

	Sales Operations - Close Data
	Contract activity report reflecting any contract renewals, upgrades, downgrades, and cancellations during month including original TCV, new TCV
	Monthly (non-close monthly reports to be provided by fourth (4th) business day of each month)

	Sales Operations - Close Data
	Contract renewals report reflecting future renewals / pending cancellations for remainder of transition period 
	Monthly (non-close monthly reports to be provided by fourth (4th) business day of each month)

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	Sales Operations - Sales Force Data
	Where available and if applicable, Seller shall provide Buyer the following information:

(a)Account information which will include basic account information such as account name, parent account ID (account ID, end user account ID phone number, company address, contact information, account manager, technical account manager and account owner.
(b)Current and historical opportunity information associated with the Covered Services, for US customer prospects not currently identified as Supported Customers.  Such information should include US Sales Pipeline Sales Prospects, and any other information classified under a similar opportunity classification. 
(c)Current and historical opportunity information associated with U.S. Supported Customers.  Such information should include Sales Pipeline, (e.g. Sales Prospects), and any other information classified under a similar opportunity classification
(d)Supported Customer opportunity history information for customers.  Data to be provided should include the opportunity type (new, renewal, upsell, downgrade), product, opportunity owner, contract term, close date, applicable fees (annual contract value, total contract value, setup), current stage of the opportunity and respective probability percentages,  and opportunity contacts to include the contact role.
(e)Contract information which will include the following account name, parent account ID (if applicable), account ID, end user account ID (if applicable), contract id, Seller contract entity, product, term length, type of contract (reseller or direct), auto or manual renewal, cancellation notice period (for auto-renewal customers), corresponding opportunity, applicable fees (annual contract value, total contract value, setup), total discount percentage, effective date, contract end date, billing frequency, and the associated product fields which outline the contracted quantities for the Covered Services.
(f)This is for information purposes only and Seller makes no representation to the accuracy of such data.
(g)This information should be provided to Buyer in a structured data file, such as a .CSV file, or in another format as mutually agreed between the parties.

Seller will work in good faith to provide additional Supported Customer contract records, and identifiers (as available and permitted by Law).
	Within fifteen (15) business days after Close.

7

	
			
	Customer Deployment and Usage Reports
	Reports to be provided:
a.Customer Key Master 
b.DDoS Customer Matrix Detailed 
c.DDoS Mitigations (for the calendar month just ended) 
d.MDNS Customer Matrix Detailed (version that includes current feature deployment information) 
e.MDNS Customer Matrix Detailed (version that includes customer contracted monthly recurring revenue) 
f.MDNS Additional Data for Nebula 
MDNS Wholesaler Matrix Detailed
	Monthly, as soon as reasonably practical and no later than the tenth (10th) business day of each month

	Sales Operations
	Seller shall provide sales and account management data for the Transferred Contracts which shall include but not limited to the following:
·Account information which will include basic account information such as account name, parent account ID (if applicable), account ID, end user account ID (if applicable), industry description, phone number, company address, contact information, account manager (if applicable), technical account manager (if applicable) and account owner (if applicable).

·Opportunity history information which will include the opportunity type (new, renewal, upsell, downgrade), opportunity name, product, opportunity owner (if applicable), contract term, close date, applicable fees (annual contract value, total contract value, setup), current stage of the opportunity and respective probability percentages, recent remarks and comments, and opportunity contacts to include the contact role.

Contract information which will include the following account name, parent account ID (if applicable), account ID, end user account ID (if applicable), contract id, Seller contract entity, product, term length, type of contract (reseller or direct), corresponding opportunity, applicable fees (annual contract value, total contract value, setup), total discount percentage, standard or non-standard contract according to Seller’s contracting policies, effective date, payment terms, renewal type, renewal notification period, contract end date, billing frequency and the associated product fields which outline the contracted quantities for the Covered Services.
	 

8

	
			
	Finance - Reconciliations and Analysis (Post Closing Date)
	Roll forward of accounts receivable (prior month A/R plus current month invoicing, less current month cash receipts = current month A/R)
	Monthly (non-close monthly reports to be provided by seventh (7th) business day of each month)

	Finance - Reconciliations and Analysis (Post Closing Date)
	Collections (monthly schedule of cash collections by invoice and by customer)
	Monthly (non-close monthly reports to be provided by seventh (7th) business day of each month)

	Finance - Remittance
	Collected receipts (on post-closing AR - before and after migration) for each month to be remitted to Buyer
	By end of the following month

Schedule 4: Transferred Employee User Technology
		
	1.
	Service Descriptions:

	
		
	Transition Service and Term
	Description

	Mobile Phone Number Migration
Service Term:  Closing Date through 45 days following the transfer of any Seller employee to Buyer
	·Buyer will only retain mobile phones and no other personal devices issued to Seller’s employees who become employees of Buyer or its Affiliates; provided however, Seller shall have the right to delete Seller confidential information. 
·After any Transferred Employee of Seller becomes an employee of Buyer or its Affiliates, Seller will contact its mobile phone carrier(s) to release the mobile phone numbers associated with such employees to enable Buyer to port such phone numbers to Buyer's corporate accounts.

	Electronic Reply Notifications 
Service Term:  Closing Date through six months following the transfer of any Seller employee to Buyer
	· For a period of six (6) months after the Closing Date, Seller will issue an automatic electronic reply notifying the sender of such Transferred Employee’s new email address 

	Employee Data Migration
Service Term:  Closing Date through 45 days following the transfer of any Seller employee to Buyer
	·Except for mobile phones, Seller will retain all hardware associated with Seller’s employees who become employees of Buyer or its Affiliates.
·For sales and account management data related to Transferred Contracts residing on laptops of such employees, Seller will, to the extent such data constitutes Business Records and subject to the provisions of the Purchase Agreement relating to Business Records) allow such employees to upload this data to a temporary file server to be created by Seller.  After Seller’s information security review and approval, this data shall be available for download to the Buyer’s environment.  

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APPENDIX B

DATA PRIVACY AGREEMENT

10

DATA PROCESSING AGREEMENT TO THE TRANSITON SERVICES AGREEMENT
THIS DATA PROCESSING AGREEMENT ("DPA") is effective as of [insert date], by and between:

		
	(1)
	[Neustar, Inc.] a [insert country/jurisdiction of incorporation] company whose principal place of business is at [insert address] ("Customer");

		
	(2)
	VeriSign Sàrl, a Swiss corporation whose principal place of business is at Route du Petit-Moncor 1E, Villars-sur-Glane 1752 ("Supplier").

Each of Customer and Supplier may be referred to herein as a "party" and together as the "parties".

RECITALS

		
	(A)
	Supplier and its Affiliates provide Customer certain security services ("Supplier Services") as may be specified in (i) applicable master agreements between Supplier and Customer; and (ii) related service order forms and other documents, schedules and exhibits incorporated therein (collectively the "Original Agreement").  

		
	(B)
	Supplier entered into an asset purchase agreement with a Buyer on [insert date].  Supplier and Buyer acknowledge that the Supplier Services shall be provided by Supplier to Customer for a transitional period as agreed under a transition services agreement between Supplier and Buyer dated [insert date giving effect to the TSA] ("TSA").  

		
	(C)
	In connection with the Supplier Services, the parties anticipate that Supplier may from time to time process certain Personal Data in respect of which the Customer or any member of the Customer Group (as defined below) may be a controller under Data Protection Laws.   

		
	(D)
	The parties agree that, upon suspension, termination or expiry of the TSA, Buyer shall provide the Supplier Services to Customer under a separate data processing agreement between Buyer and Customer.

		
	(E)
	The parties have agreed to enter into this DPA in order to ensure that adequate safeguards are put in place with respect to the protection of such Personal Data as required by the Data Protection Laws.

Definitions
		
	1.1
	The following terms used in this DPA shall have the following meanings: 

"Adequate Country" means a country or territory that is recognized under Data Protection Laws from time to time as providing adequate protection for Personal Data;
"Affiliate" means with respect to a party, any corporate entity that directly or indirectly Controls, is Controlled by, or is under Common Control with such party;
"Buyer" means the party or parties described as "Buyer" in the TSA.
"Customer Group" means Customer and any of its Affiliates;

1

"Data Subject Request" means a request from or on behalf of a data subject relating to access to, or rectification, erasure or data portability in respect of that person’s Personal Data or an objection from or on behalf of a data subject to the processing of its Personal Data;
"Data Protection Laws" means all privacy laws and regulations  including (without limitation) the laws and regulations  of the European Union, the EEA and their member states, Switzerland and the United Kingdom applicable to any Personal Data processed under or in connection with this DPA, including, without limitation, the Data Protection Directive 95/46/EC (as the same may be superseded by the General Data Protection Regulation 2016/679 (the "GDPR")), the Privacy and Electronic Communications Directive 2002/58/EC (as the same may be superseded by the Regulation on Privacy and Electronic Communications ("ePrivacy Regulation")) and all national legislation implementing or supplementing the foregoing and all associated codes of practice and other guidance issued by any applicable data protection authority, all as amended, re-enacted and/or replaced and in force from time to time;
"EEA" means European Economic Area and Switzerland;
"Personal Data" means all data which is defined as ‘Personal Data’ under Data Protection Laws and which is provided by the Customer to Supplier or accessed, stored or otherwise processed by Supplier in connection with the Supplier Services;
"Privacy Shield Principles" means the EU-US and the Swiss - US  Privacy  Shield Principles (as may be amended, superseded or replaced) and available from the US Department of Commerce at https://www.privacyshield.gov/EU-US-Framework.
"Supplier Group" means Supplier and any of its Affiliates; and
"controller", "data subject", "processor" and "supervisory authority" shall have the meanings ascribed to them in the Data Protection Laws.
		
	1.2
	An entity "Controls" another entity if it: (a) holds a majority of the voting rights in it; (b) is a member or shareholder of it and has the right to remove a majority of its board of directors or equivalent managing body; (c) is a member or shareholder of it and controls alone or pursuant to an agreement with other shareholders or members, a majority of the voting rights in it; or (d) has the right to exercise a dominant influence over it pursuant to its constitutional documents or pursuant to a contract; and two entities are treated as being in "Common Control" if either controls the other (directly or indirectly) or both are controlled (directly or indirectly) by the same entity.

		
	2.
	Status of the parties

		
	2.1
	The type of Personal Data processed pursuant to this DPA and the subject matter, duration, nature and purpose of the processing, and the categories of data subjects, are as described in Annex 1.

		
	2.2
	In relation to Personal Data each party will comply (and will ensure that any of its personnel, agents and subcontractors comply), with the Data Protection Laws.  As between the parties, the Customer shall have sole responsibility for the accuracy, quality, and legality of Personal Data and the means by which the Customer acquired Personal Data.

		
	2.3
	In respect of the parties' rights and obligations under this DPA regarding the Personal Data, the parties hereby acknowledge and agree that the Customer is the Controller and Supplier is the Processor and accordingly Supplier agrees that it shall process all Personal Data in accordance with its obligations pursuant to this DPA.

2

		
	2.4
	Each party shall appoint an individual within its organization authorised to respond from time to time to enquiries regarding the Personal Data and party shall deal with such enquiries promptly.

		
	3.
	Supplier obligations

		
	3.1
	With respect to all Personal Data, Supplier shall:

		
	(a)
	only process the Personal Data in order to provide the Supplier Services and shall act only in accordance with (i) this DPA and (ii) the Customer's reasonable written instructions;

		
	(b)
	in the event that applicable law requires Supplier to process Personal Data other than pursuant to the Customer's instruction, notify the Customer (unless prohibited from so doing by applicable law);

		
	(c)
	as soon as reasonably practicable upon becoming aware, inform the Customer if, in Supplier's opinion, any instructions provided by the Customer under Clause 3.1(a) violate the GDPR;

		
	(d)
	implement appropriate technical and organisational measures to ensure a level of security appropriate to the risks that are presented by the processing, in particular protection against accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to Personal Data. Such measures include, without limitation, the security measures set out at Annex 2;

		
	(e)
	ensure that only authorised personnel have access to such Personal Data and that any persons whom it authorises to have access to the Personal Data are under obligations of confidentiality;

		
	(f)
	as soon as reasonably practicable upon becoming aware (and in any event, where feasible, not later than 72 hours of becoming aware unless the personal data breach is unlikely to result in a risk to the rights and freedoms of natural persons) notify the Customer of any actual incident of unauthorised or accidental disclosure of or access to any Personal Data by any of its staff, sub-processors or any other identified or unidentified third party (a "Security Breach");

		
	(g)
	promptly provide the Customer with reasonable cooperation and assistance in respect of the Security Breach and all information in Supplier's possession concerning the Security Breach relating to the data subject, including the following:

		
	(i)
	the possible cause and consequences of the Security Breach;

		
	(ii)
	the categories of Personal Data involved;

		
	(iii)
	a summary of the possible consequences for the relevant data subjects;

		
	(iv)
	a summary of the unauthorised recipients of the Personal Data; and

		
	(v)
	the measures taken by Supplier to mitigate any damage;

		
	(h)
	not make any announcement relating to the data subject about a Security Breach (a "Breach Notice") without:

		
	(i)
	the prior written consent from the Customer; and

3

		
	(ii)
	prior written approval by the Customer of the content, media and timing of the Breach Notice;

2.     unless required to make a disclosure or announcement by applicable law.
		
	(i)
	promptly notify the Customer if it receives a Data Subject Request.  The Supplier shall not respond to a Data Subject Request received by the Supplier without the Customer’s prior written consent except to confirm that such request relates to the Customer to which the Customer hereby agrees or as otherwise required by applicable law.  To the extent Customer does not have the ability to address a Data Subject Request, the Supplier shall upon the Customer’s request provide reasonable assistance to facilitate a Data Subject Request to the extent the Supplier is able to consistent with applicable law. 

		
	(j)
	As soon as reasonably practicable following, and in any event within thirty (30) days of, termination or expiry of the Original Agreement or completion of the Supplier Services, Supplier will delete (at the Customer's direction) all Personal Data (including copies thereof) for which Supplier is the Processor and that is processed pursuant to this DPA.

provide such assistance as the Customer reasonably requests (taking into account the nature of processing and the information available to Supplier) to the Customer in relation to the Customer’s obligations under Data Protection Laws with respect to:
data protection impact assessments (as such term is defined in the GDPR);
notifications to the supervisory authority under Data Protection Laws and/or communications to data subjects by the Customer in response to any Security Breach; and
the Customer’s compliance with its obligations under the GDPR with respect to the security of processing Personal Data.
		
	4.
	Sub-processing

		
	4.1
	The Customer grants a general authorization (a) to Supplier to appoint other members of the Supplier Group as sub-processors; and (b) to the Supplier Group to appoint third party vendors as sub-processors as are reasonably necessary to support Supplier’s performance of the Supplier Services. 

		
	4.2
	Supplier will maintain a list of sub-processors, available upon written request by the Customer, and will add the names of new and replacement sub-processors to the list prior to them starting sub-processing of Personal Data.  If the Customer has a reasonable objection to any new or replacement sub-processor, it shall notify Supplier of such objections in writing within ten (10) days of the notification and the parties will seek to resolve the matter in good faith.  If Supplier is able to provide the Supplier Services to the Customer in accordance with the Original Agreement without using the sub-processor and decides in its discretion to do so, then the Customer will have no further rights under this clause 4.2 in respect of the proposed use of the sub-processor.  If Supplier requires to use the sub-processor and is unable to satisfy the Customer as to the suitability of the sub-processor or the documentation and protections in place between Supplier and the sub-processor within sixty (60) days from the Customer's notification of objections, the Customer may within thirty (30) days of the end of the sixty-day period referred to above terminate the applicable Supplier Services as outlined in the Main Agreement but only in relation to the Supplier Services to which the proposed new sub-processor's processing of Personal Data relates or would relate by providing written notice to Supplier having effect thirty (30) days after receipt by Supplier.  

		
	4.3
	Supplier will ensure that any sub-processor it engages to provide an aspect of the Supplier Services on its behalf in connection with this DPA does so only on the basis of a written contract which imposes on such sub-processor terms substantially no less protective of Personal Data than those imposed 

4

on Supplier in this DPA (the "Relevant Terms"). Supplier shall procure the performance by such sub-processor of the Relevant Terms and shall be liable to the Customer for any breach by such person of any of the Relevant Terms.
		
	5.
	Audit and records

		
	5.1
	Supplier shall, in accordance with Data Protection Laws, make available (up to one time each calendar year during the term of the Original Agreement) to the Customer such information in Supplier's possession or control as the Customer may reasonably request with a view to demonstrating Supplier's compliance with the obligations of processors under Data Protection Law in relation to its processing of Personal Data.

		
	5.2
	The Customer may exercise its right of audit pursuant to clause 5.1 and under Data Protection Laws through Supplier providing: 

		
	(a)
	an audit report not older than 18 months by a registered and independent external auditor demonstrating that Supplier’s technical and organizational measures are sufficient and in accordance with an accepted industry audit standard such as ISO 27001 or SSAE 16 II SOC1 and SOC2); 

		
	(b)
	additional information in Supplier's possession or control to an EU supervisory authority when it requests or requires additional information in relation to the data processing activities carried out by Supplier under this DPA; and

Upon (i) Customer and Supplier mutually agreeing to an audit plan; and (ii) sixty (60) days prior written notice to Supplier, and subject to Supplier’s security procedures and obligations of confidentiality, Customer shall have an opportunity to come to Supplier’s headquarters during its standard business hours up to one (1) time per calendar year to review copies of all relevant policies and standards relating to the data processing activities carried out by Supplier under this DPA. 
		
	6.
	Data transfers

		
	6.1
	Supplier makes available the transfer mechanisms which shall apply in the order of precedence set out below to the extent any Processing of Personal Data under this DPA takes place in any country outside the EEA (except if in an Adequate Country): 

		
	(a)
	Privacy Shield Principles self-certification applies to VeriSign, Inc.  at https://www.privacyshield.gov/participant?id=a2zt00000008WG8AAM&status=Active; or

		
	(b)
	By an alternative transfer mechanism deemed adequate under Data Protection Laws, such mechanism to be determined by Supplier in its sole discretion.

		
	6.2
	The Customer acknowledges that the provision of the Supplier Services under the Original Agreement and the Main Agreement may require the processing of Personal Data by sub-processors in countries outside the EEA from time to time.

		
	6.3
	If, in the performance of this DPA, Supplier transfers any Personal Data to a sub-processor (which shall include without limitation any Affiliates of Supplier) and without prejudice to clause 4 where such sub-processor will process Personal Data outside the EEA, Supplier shall in advance of any such transfer ensure that a mechanism to achieve adequacy in respect of that processing under the Privacy Shield Principles, or other adequate means as determined by Supplier in its sole discretion.

5

		
	7.
	General

		
	7.1
	This DPA is without prejudice to the rights and obligations of the parties under the Original Agreement which shall continue to have full force and effect. In the event of any conflict between the terms of this DPA and the terms of the Original Agreement, the terms of this DPA shall prevail so far as the subject matter concerns the processing of Personal Data.

		
	7.2
	Supplier's maximum aggregate liability to the Customer and to each member of the Customer Group (taken together) under or in connection with this DPA shall be subject to the limitation of liability thresholds as set out in the Original Agreement.

		
	7.3
	Notwithstanding the terms and conditions set forth in this DPA, both parties expressly reserve (a) any and all rights and remedies available under applicable law(s) relating to the subject matter hereof; and (b) the right to propose modifications to this DPA in the event of changes in Data Protection Laws.

		
	7.4
	This DPA sets out all of the terms that have been agreed between the parties in relation to the subjects covered by it.  Other than in respect of statements made fraudulently, no other representations or terms shall apply or form part of this DPA.

		
	7.5
	A person who is not a party to this DPA shall not have any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Addendum.   

		
	7.6
	This DPA shall be governed by the laws of England and Wales.

EXECUTED by and on behalf of:
VeriSign Sàrl, Supplier

.....................................
Name:
Role
EXECUTED by and on behalf of:
[insert customer name]

.....................................
Name:
Role

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Annex 1
Details of the Personal Data and Processing Activities
(a)    Types of Data (based on services provided under the Original Agreement). The personal data comprises of the following:
The personal data transferred concern the following categories of data (please specify):
1)    DDoS Protection Services: data relating to Customer’s (i) employees or Customer’s designated individuals provided to Supplier via the Supplier Services, by (or at the direction of) Customer; (ii) (for monitored Customers) Monitoring data, which may include, but is not limited to: SNMP data, data relating to OpenHybrid Source(s), and Flow Data (as defined in the Master Agreement); and (iii) (for mitigation Customers) Customer’s Internet Traffic directed to Verisign’s DDoS Protection Sites. 
2)    Managed DNS: data relating to Customer’s (i) employees or Customer’s designated individuals provided to Supplier via the Supplier Services, by (or at the direction of) Customer; and (ii) Queries received by the Supplier Services.
3)    Recursive DNS/DNS Firewall: data relating to Customer’s employees or Customer’s designated individuals provided to Supplier via the Supplier Services, by (or at the direction of) Customer; and (ii) outbound Queries from (a) Customer’s employees or (b) Customer’s designated individuals utilizing the Supplier Services.

(b)    Duration of Processing. The duration of the processing (to the extent such processing is necessary) will continue for up to sixty (60) days after expiry/termination of the TSA.

(c)    Nature and Purpose of the Processing. 
1)     All Supplier Services
Verisign provides access to the Supplier Services via Customer Portals. The Customer Portals contain various data provided by, or at the direction of the Customer. Types of information that may be stored include but are not limited to: usernames, passwords, names, phone numbers, email addresses, and details regarding the underlying Supplier Services.

2)    Verisign’s DDoS Protection Services
(i)    Mitigation Activities:
Verisign’s DDoS Protection Services is not related to the execution or provision of Customer services. The Verisign DDoS Protection Service may consist of a mitigation component that seeks to mitigate a distributed denial of service event that attempts to make Customer services unavailable to its end users.  The mitigation component consists of a filtering process to remove malicious or illegitimate packets from Customer’s inbound internet traffic.  In the event of mitigation, Customer’s internet traffic may contain IP addresses, time stamps, protocols requested, and header and payload data.  With regard to the state of encryption, data will remain in the format in which it is received.  If Customer provides Verisign with SSL keys for HTTPS-based mitigations, Verisign may do the following: decrypt, review such header or payload for malicious or illegitimate inbound Internet traffic, generate access logs or error logs that contain information from the HTTP(S) request headers, re-encrypt inbound Internet traffic, and then transmit that traffic to Customer. However, please note Verisign’s process for the intake, decryption and re-encryption of the internet traffic is without intervention or access by a human.  

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(ii)    Monitoring Activities:
The Verisign DDoS Protection Service may consist of a monitoring component that seeks to monitor customer internet traffic in order to detect the occurrence a distributed denial of service attack. In order to monitor customer’s internet traffic, customer sends information related to its internet traffic to Verisign for analysis. The monitoring data may contain IP addresses, time stamps, protocols requested, and header and payload data. 
3)    Verisign’s Managed DNS Services
For purposes of providing the Managed DNS service (MDNS), Verisign MDNS servers receive DNS and web forwarding requests (i.e. queries) from recursive DNS servers (typically operated by service providers). MDNS looks up the requested name in its database and returns the associated information, typically an IP address.  Each such transaction is logged on Verisign’s servers.  Verisign does not receive, process or have access to any other parts of the communication between the end-user and the destination resource (e.g., the actual data sent from the user to the resource or vice versa).
4)    Verisign Recursive DNS and DNS Firewall Services
For purposes of providing the Recursive DNS and DNS Firewall services (collectively the “DNS Services”), Verisign servers receive DNS request (i.e. queries). The DNS Services will look up the requested name and return the associated information, typically an IP address.  Each such transaction is logged on Verisign’s servers. Verisign does not receive, process or have access to any other parts of the communication between the end-user and the destination resource (e.g., the actual data sent from the user to the resource or vice versa).
(d)    Categories of Data Subjects:  
The personal data transferred may concern the following categories of data subjects (please specify) based on the Supplier Services outlined in the Original Agreement:
1)    DDoS Protection Services. Any person using Customer’s services which are being protected or managed by Supplier Services and Customer’s (or its affiliates) employees and contractors about whom data is provided to Supplier via the Supplier Services by (or at the direction of) Customer.
2)    Managed DNS. Any person using Customer’s services who operates their own recursive resolver from their own IP address and Customer’s (or its affiliates) employees and contractors about whom data is provided to Supplier via the Supplier Services by (or at the direction of) Customer.
3)    Recursive DNS and DNS Firewall.  Any person using Customer’s services who operates from their own IP address and Customer’s (or its affiliates) employees (or its network users) and contractors about whom data is provided to Supplier via the Supplier Services by (or at the direction of) Customer.  
Capitalized terms not defined in this Annex shall have the meanings as set forth in the Original Agreement.

8

9

Annex 2
Verisign Data Security Measures

Introduction

Verisign has adopted and will continue to maintain appropriate technical and organizational security measures for customer data.  These measures involve Verisign infrastructure, software, employees and procedures and take into account the nature, scope and purposes of the processing as specified in the customer’s agreement.  The security controls and practices are designed and intended to protect the confidentiality, integrity, and availability of customer data against the risks inherent in the processing of personal data, in particular risks from accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to customer data transmitted, stored or otherwise processed. Verisign continually works to strengthen and improve those security controls and practices.

Verisign operates under practices which are aligned with the AICPA, Trust Services Principles and Criteria (System and Organization Controls (“SOC”)) (www.aicpa.org).  Verisign’s information security practices establish and govern areas of security applicable to Verisign and customers’ use of Verisign’s services.  Verisign personnel, including employees, contractors, and temporary employees, are subject to these practices and any additional policies that govern their employment or the services they provide to Verisign.

Verisign’s approach to information security is comprehensive, implementing a multi-layered strategy where physical security, network infrastructure, software, and employee security practices and procedures all play a key role reinforced by robust governance and oversight.

		
	a)
	Physical Safeguards

Verisign employs measures specifically designed to prevent unauthorized persons from gaining access to Verisign facilities in which customer data is hosted, including its office locations and all of its production infrastructure. Common controls utilized between office locations and Verisign co-locations/data centers include, for example:

		
	·
	All physical access is restricted and requires authorization.

		
	·
	All Verisign premises are controlled and monitored by video with recording capability.

		
	·
	Entrances are protected by physical barriers designed to prevent unauthorized entry by vehicles.

		
	·
	Premises are manned 24 hours a day, 365 days a year by security guards who perform, among other things, visual identity recognition and visitor escort management.

		
	·
	All employees and visitors must visibly wear official identification while onsite.

		
	·
	Visitors must sign a visitor's register and be escorted and/or observed while onsite.

		
	·
	Possession of keys/access cards and the ability to access the locations is monitored. Staff leaving Verisign employment must return keys/cards.

		
	·
	Multiple generators, UPS, HVAC and fire suppression systems have been implemented at all locations.

		
	b)
	Systems Access Controls

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Firewalls, perimeter security controls, VPNs, and access-controlling routers are in place and configured to Verisign’s standards to prevent unauthorized communications.  Network based intrusion detection systems are configured to detect attacks or suspicious behavior, and vulnerability scans are performed to identify potential weakness to the security and confidentiality of systems and data.   Verisign may, depending on the specific service, apply the following controls: (i) authentication via passwords and/or multi-factor authentication; (ii) documented authorization and change management processes; and (iii) logging of access.  Software supporting Verisign’s infrastructure includes operating systems databases and anti-virus software that is updated as needed.  Internally-developed applications perform product delivery functions.  In addition, Verisign uses multiple backup/restore utilities to perform daily and periodic backups of production systems.   

Verisign’s access to its customers’ data is restricted to authorized personnel and access is granted after receiving proper approval from management.  Only Verisign staff with a need to know will be granted access to customer data for the sole purpose of providing customers with support.  In addition, Verisign provides a mechanism by which customers can control access to their environments and to their content by their authorized staff.

		
	c)
	Transmission and Connection Control

Verisign implements measures to prevent customer data from being read, copied, altered or deleted by unauthorized parties during rest, transmission and transport.  This is accomplished by various measures including the use of adequate firewalls, VPN, secure protocol and encryption technologies to protect the gateways and pipelines through which customer data travels. Customers’ access to Verisign customer portals is also accomplished through a secure communication protocol provided by Verisign.  If access is through a Transport Layer Security (“TLS”) enabled connection, that connection is negotiated for at least 128-bit encryption. The private key used to generate the cipher key is at least 2048 bits. TLS is implemented or configurable for all web-based TLS-certified applications deployed at Verisign.
		
	d)
	Data Segregation

Customer data is logically or physically segregated from that of other customers hosted in Verisign’s environments.

		
	e)
	Confidentiality and Training

Verisign staff that may have access to customer data are subject to confidentiality agreements. Verisign staff are required to periodically complete training.

		
	f)
	Verisign Information Security Policies

Verisign information security policies establish and govern areas of security applicable to Verisign services and customers’ use of those services. Verisign personnel are subject to the Verisign information security policies and any additional policies that govern their employment or the services they provide to Verisign.  Relevant information about these policies is available in the applicable SOC 2 or other third-party reports that can be shared with customers upon request.

		
	g)
	Security Assessments

Verisign employs internal processes for regularly testing, assessing, evaluating and maintaining the 

11

effectiveness of the technical and organizational security measures described here.  Verisign may employ third parties to conduct independent reviews and ensure compliance with the following (the availability and scope of reports may vary by service and country):

		
	·
	AICPA, Trust Services Principles and Criteria (System and Organization Controls System and Organization Controls (SOC) 2 Type II)

		
	·
	Sarbanes-Oxley Act of 2002

		
	·
	Other independent third-party security testing to review the effectiveness of administrative and technical controls.

Version 1.0 
Effective: 

Exhibit F 
Allocation Schedule
The consideration for the assets as determined for federal income tax purposes pursuant to Treasury Regulation 1.1060‐1(c) (the “Tax Purchase Price”) shall be allocated as provided in Treasury Regulations Sections 1.1060-1(c) and this Exhibit F (“Allocation Schedule”).  References in this Allocation Schedule to a “Class” of assets refers to the designated “Class” as defined in Treasury Regulations Section 1.338-6(b).
Allocation Methodology.  The Tax Purchase Price shall be allocated as follows:
First, Tax Purchase Price shall be allocated to any assets that are Class I assets (i.e., cash and general deposit accounts) to the extent thereof ;
Second, any remaining Tax Purchase Price shall be allocated to any assets that are Class II assets (i.e., actively traded personal property within the meaning of Code Section 1092(d)(1) and Treasury Regulations Section 1.1092(d)-1, determined without regard to Code Section 1092(d)(3), and certificates of deposit and foreign currency even if they are not such actively traded personal property) in proportion to and to the extent of the amounts included therefor in the final determination of Specified Current Assets and, for those assets not included in Specified Current Assets, to the extent of their fair market values as of the Closing Date, which Buyer and Seller agree shall be the face amounts of any certificates of deposit, the exchange rate for foreign currency as reported in the Wall Street Journal, and the closing prices for other Class II assets on such exchange or trading system as determined in accordance with paragraph (b) of this Allocation Schedule;
Third, any remaining Tax Purchase Price shall be allocated to assets that are Class III assets (i.e., assets that are marked to market at least annually for U.S. federal income tax purposes, debt instruments (excluding accounts receivable) in proportion to and to the extent of the amounts included therefor in the final determination of Specified Current Assets and, for those assets not included in Specified Current 

12

Assets, to the extent of their fair market values as of the Closing Date, which shall be treated as the face amounts thereof, less any reserves for noncollectibility; 
Fourth, any remaining Tax Purchase Price shall be allocated to assets that are Class IV assets (i.e., stock in trade of Seller or other property of a kind that would properly be included in the inventory of Seller if on hand at the close of its taxable year, or property held by Seller primarily for sale to customers in the ordinary course of its trade or business) in proportion to and to the extent of the amounts included therefor in the final determination of Specified Current Assets and, for those assets not included in Specified Current Assets, to the extent of their fair market values as of the Closing Date, as determined pursuant to a method permitted under Internal Revenue Service Revenue Procedure 2003-51, 2003-2 C.B. 121, and jointly selected by Seller and Purchaser;
Fifth, any remaining Tax Purchase Price shall be allocated to assets that are Class V assets (all assets other than Class I, II, III, IV, VI, and VII assets) in proportion to and to the extent of their fair market values as of the Closing Date;
Sixth, any remaining Tax Purchase Price shall be allocated to assets that are Class VI assets (section 197 intangibles, as defined in Code Section 197, except goodwill and going concern value) in proportion to and to the extent of their fair market values as of the Closing Date; and
Finally, any remaining Tax Purchase Price shall be allocated to Class VII assets (i.e., goodwill and going concern value).
Allocation.
	
				
	Asset Class
	 
	 
	Amount

	Class I
	 
	 
	$[    ]

	Class II
	 
	 
	$[    ]

	Class III
	 
	 
	$[   ]

	Class IV
	 
	 
	$[   ]

	Class V
	 
	 
	$[   ]

	Class VI and VII
	 
	 
	$[   ]

1

Exhibit G
Transition Strategy

1.    Pre-Closing Contract.
(a)    Subject to Section 2.5, Section 5.1 and Section 5.2 of the Agreement, during the period between the signing of the Agreement and the Closing, Seller shall require any new customer of the Business to contractually agree that such customer’s Contract will be assignable by Seller to Buyer without prior written consent of such customer, including at or after the Closing.
(b)    Subject to Section 2.5, Section 5.1 and Section 5.2 of the Agreement, during the period between the signing of the Agreement and the Closing, Seller shall (x) remain free to enter into a renewal, upgrade, downgrade or other Contract modification with any existing customer, in each case, only in the ordinary course of business, and (y) use good faith efforts to require that any such existing customer contractually agree that such existing customer’s Contract will be assignable by Seller to Buyer without prior written consent of such existing customer, including at or after the Closing; provided, however, that Seller shall not be prohibited from entering into such renewal, upgrade, downgrade or other Contract modification if Seller reasonably determines in good faith that such existing customer is unwilling to require that its Contract be assignable without its prior written consent or that such a revision would cause an unreasonable delay. 
2.    Post-Closing Contract Modifications. Following the Closing, until a customer has consented to the assignment of its Contract(s) from Seller to Buyer, Seller shall have the right to amend or modify any Contracts in the ordinary course of business consistent with this Exhibit G and the Agreement; provided, however:
(a)    Seller shall require that such Contract be assignable by Seller to Buyer without prior written consent of such customer (with any exception requiring the approval of a senior vice president or more senior officer of Seller); 
(b)    Any such amendments and/or modifications shall not adversely alter or affect Buyer’s obligations, including performance obligations (except in a de minimis manner) under such Contract; and
(c)    Seller must seek Buyer’s consent if the price of the services is less than ninety percent (90%) of the then current annual contract value for that particular customer’s service(s).

2

3.    Auto-Renew Contracts.
(a)    From the date of the Agreement through the Automatic Renewal Date, Seller shall allow customer Contracts (excluding those relating to DNS Firewall Service and Recursive DNS Services) of one year duration or less with auto-renewal features (“One Year Auto-Renew Contracts”) to renew automatically one time for the period of time specified in such customer Contract.
(b)    Except for Seller’s right to terminate due to a breach by such customer as expressly permitted in the Transferred Contracts, before the Automatic Renewal Date, Seller shall renew automatically in accordance with Section 3(a) and not terminate any such One Year Auto-Renew Contract, including any termination pursuant to the extension, renewal, non-renewal, term or similar provisions of such One Year Auto-Renew Contracts.
		
	(c)
	After the Automatic Renewal Date, Seller shall have the right to terminate or shorten the term (and, for the avoidance of doubt, otherwise amend or modify) any One Year Auto-Renew Contract, other than any One Year Auto-Renew Contract with a Customer Migration Event scheduled by the date that is ninety (90) days after the Automatic Renewal Date, in which case Section 2 shall apply.

4.    Buyer’s Rights to Modify Customer Contracts Prior to Completed Migration. For customers who have consented to assignment of their Contract(s) but have not yet achieved a Completed Migration, Buyer may amend or modify such customer’s Contract(s) prior to a Completed Migration only if and to the extent such amendment or modification does not alter or affect Seller’s obligations (except in a de minimis manner) under the Transition Services Agreement.
5.    Updates. Seller shall use commercially reasonable efforts to provide Buyer with notice of, and reasonable detail outlining, any Contract material modifications in connection with the regular meetings between the Contract Managers (as defined in the Transition Services Agreement) pursuant to Section 2.10 of the Transition Services Agreement.

3

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