SEC Contract Filing

Filing Date: 2015-08-03

Document Content:
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<TYPE>EX-10.4
<SEQUENCE>7
<FILENAME>ex10-4.htm
<DESCRIPTION>TRADEMARK LICENSE AGREEMENT
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<div style="FONT-WEIGHT: bold; TEXT-ALIGN: right">Exhibit 10.4</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: center"><u>TRADEMARK LICENSE AGREEMENT</u></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">This Trademark License Agreement (this &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>Agreement</u></font>&#8221;) is entered into as of August 2, 2015 (&#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>Effective Date</u></font>&#8221;), by and between Barnes &amp; Noble, Inc. (&#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>B&amp;N</u></font>&#8221;) and Barnes &amp; Noble Education, Inc. (&#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>BNED</u></font>&#8221;), each a &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>Party</u></font>&#8221; and, collectively, the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>Parties</u></font>&#8221;.&#160; Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Separation Agreement (as defined below).</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">WHEREAS, B&amp;N and BNED are parties to a Separation and Distribution Agreement, dated as of July 14, 2015 (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><u>Separation Agreement</u></font>&#8221;), providing for, among other things, the transfer of assets and liabilities among B&amp;N and BNED, the termination of intercompany agreements, BNED&#8217;s access to various B&amp;N systems and distribution facilities and the use of B&amp;N gift cards by BNED.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">WHEREAS, in connection with the consummation of the Separation Agreement, B&amp;N has agreed to grant to BNED a license to use the Licensed Marks (as defined below) on the following terms and conditions.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which each Party hereby acknowledges and in consideration of the premises, and the representations, warranties, covenants and agreements contained in this Agreement and the Separation Agreement, the Parties agree as follows:</div>

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<div style="TEXT-ALIGN: justify; MARGIN-LEFT: 36pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold">I.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; COLOR: #000000">DEFINITIONS</font></div>

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<div style="TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">1.1.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000">&#8220;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000"><u>B&amp;N Competitor</u></font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000">&#8221; means Amazon.com, Inc. and its affiliates or any of its or their successors and assigns.</font></font></div>

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<div style="TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">1.2.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000">&#8220;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000"><u>B&amp;N Format</u></font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000">&#8221; means bookstore and caf&#233; operations that adhere to the look and feel of B&amp;N retail stores owned and operated by B&amp;N and caf&#233;s located within such stores, respectively, in each case as exemplified by B&amp;N retail stores in existence as of the date of this Agreement.&#160; B&amp;N shall be permitted to reasonably update the B&amp;N Format from time to time, however, BNED shall not be obligated to modify any particular store significantly so long as such store generally adheres to the B&amp;N Format in effect as of the date hereof, it being understood that all B&amp;N Format stores shall undergo general maintenance and normal upkeep.</font></font></div>

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<div style="TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">1.3.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New R