SEC Contract Filing

Filing Date: 2023-08-31

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>exhibit104eqrtreittrademar.htm
<DESCRIPTION>EX-10.4
<TEXT>
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<title>Document</title></head><body><div id="i7e39999a6a1945428b034c7f5268414a_1"></div><div style="min-height:72pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 10.4</font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">TRADEMARK LICENSE AGREEMENT</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">This TRADEMARK LICENSE AGREEMENT (&#8220;Agreement&#8221;) is entered into between EQT AB (&#8220;Licensor&#8221;), on the one hand, and EQT Exeter Real Estate Income Trust, Inc. and EQT Exeter REIT Operating Partnership LP (individually and together, &#8220;Licensee&#8221;), on the other hand, and, once signed by both parties hereto, is effective as of August 1, 2023 (&#8220;Effective Date&#8221;). </font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">Recitals</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;WHEREAS, Licensor owns all right, title and interest in the marks EQT, EQT (and Design), EXETER, EQT EXETER and EQRT for use in connection with the services shown in </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">Schedule A</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%"> (the &#8220;Marks&#8221;)&#59; </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;WHEREAS, Licensee is a real estate operating company that intends to conduct its operations as a real estate investment trust (the &#8220;REIT Business&#8221;)&#59;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;WHEREAS, Licensor&#8217;s wholly-owned subsidiary, Exeter Property Group, LLC, has entered into an advisory agreement with Licensee, dated July 31, 2023 (the &#8220;Advisory Agreement&#8221;)&#59;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;WHEREAS, Licensee desires to operate the REIT Business using the Marks and Licensor is willing to permit Licensee to use the Marks in accordance with the terms and conditions of this Agreement.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;NOW, THEREFORE, in consideration of the foregoing and the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which the parties acknowledge, the parties agree as follows&#58;</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">Terms and Conditions</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;1.&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:underline">Grant of License</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">. Subject to the other provisions of this Agreement, Licensor grants to Licensee a fully paid-up, royalty-free, non-exclusive, non-transferable, non-sublicensable, worldwide license during the Term of this Agreement to use the Marks solely (a) as part of Licensee&#8217;s corporate names, EQT Exeter Real Estate Income Trust, Inc. and EQT Exeter REIT Operating Partnership LP (together, the &#8220;Company Name&#8221;), and (b) in connection with the promotion and marketing of the REIT Business. Licensee acknowledges that any use of the Marks by Licensee and any goodwill associated with such use has inured to and shall in the future inure to the benefit of Licensor. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;2.&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:underline">Registration&#47;Maintenance</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">. Licensee acknowledges that only Licensor may file or prosecute trademark applications to register the Marks. Licensee will cooperate with Licensor or its designated affiliate in connection with the filing and prosecution of any such applications and t