SEC Contract Filing

Filing Date: 2024-02-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.12
<SEQUENCE>3
<FILENAME>exhibit1012-bluecrosslicen.htm
<DESCRIPTION>EX-10.12
<TEXT>
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<title>Document</title></head><body><div id="i0fb2f0b05fc34b2881fd076bf611ff28_1"></div><div style="min-height:74.88pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Exhibit 10.12</font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div></div><div><font><br></font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="margin-top:4.7pt;padding-left:27.37pt;padding-right:27.37pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:100%">BLUE CROSS LICENSE AGREEMENT</font></div><div style="margin-top:1pt;padding-left:41pt;padding-right:41pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(Includes revisions, if any, adopted by Member Plans through their November 16, 2023 meeting)</font></div><div><font><br></font></div><div><font><br></font></div><div style="margin-top:0.25pt"><font><br></font></div><div style="padding-left:32.55pt;padding-right:31.1pt;text-indent:35.95pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">This agreement by and between Blue Cross and Blue Shield Association (&#34;BCBSA&#34;) and The Blue Cross Plan, known as_________________________(the &#34;Plan&#34;).</font></div><div style="margin-top:10.45pt;padding-left:34.95pt;padding-right:34.95pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Preamble</font></div><div><font><br></font></div><div style="margin-top:0.25pt"><font><br></font></div><div style="padding-left:32.55pt;padding-right:37pt;text-indent:35.95pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">WHEREAS, the Plan and&#47;or its predecessor(s) in interest (collectively the &#34;Plan&#34;) had the right to use the BLUE CROSS and BLUE CROSS Design service marks (collectively the &#34;Licensed Marks&#34;) for health care plans in its service area, which was essentially local in nature&#59;</font></div><div><font><br></font></div><div style="margin-top:7.85pt;padding-left:32.55pt;padding-right:11.7pt;text-indent:35.95pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">WHEREAS, the Plan was desirous of assuring nationwide protection of the Licensed Marks, maintaining uniform quality controls among Plans (unless otherwise defined in this Agreement, Plans shall mean Member Plans as that term is defined in BCBSA&#8217;s Bylaws) (&#8220;Member Plans&#8221;), facilitating the provision of cost effective health care services to the public and otherwise benefiting the public&#59;</font></div><div style="margin-top:0.55pt"><font><br></font></div><div style="padding-left:32.55pt;text-indent:35.95pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">WHEREAS, to better attain such ends, the Plan and the predecessor of BCBSA in 1972 simultaneously executed the BCA License Agreement (s) and the Ownership Agreement&#59; and</font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="padding-left:32.55pt;padding-right:11.7pt;text-indent:35.95pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">WHEREAS, BCBSA and the Plan desire to supercede said Agreement(s) and to revise certain provisions of the Ownership Agreement to reflect their current practices and to assure the continued integrity of the Licensed Marks and of the BLUE CROSS system&#59;</font></div><div><font><br></font></div><div style="margin-top:7.9pt;padding-left:32.55pt;padding-right:11.7pt;text-indent:35.95pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">NOW, THEREFORE, in consideration of the foregoing and the mutual agreements hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows&#58;</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="margin-top:8.05pt;padding-right:8.15pt;text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Amended as of June 15, 2023</font></div><div style="height:13.68pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="i0fb2f0b05fc34b2881fd076bf611ff28_4"></div><hr style="page-break-after:always"><div style="min-height:41.04pt;width:100%"><div><font><br></font></div></div><div style="margin-top:4.1pt;padding-left:236.25pt"><font><br></font></div><div style="padding-left:108pt;padding-right:108pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Agreement</font></div><div style="margin-top:4pt;padding-left:58.35pt;padding-right:31.75pt;text-indent:-27.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:110%">1.&#160;&#160;&#160;&#160; </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:110%">BCBSA hereby grants to the Plan, upon the terms and conditions of this License Agreement (&#8220;Agreement&#8221; or &#8220;Primary License Agreement&#8221;), the right to use BLUE CROSS in its trade and&#47;or corporate name