Settlement Agreement between 2 companies in regards to the use of trademarks owned by the first company.
Both companies agree that their respective trademarks can co-exist and have agreed to settle the Proceedings and Oppositions with the terms of this Agreement. Both companies have agreed to amend its application for registration of the trademarks, not to oppose or cancel or challenge the first company's existing or any future applications or registrations or use of its trademarks. The first party once receiving evidence of the second company's compliance will withdraw its oppositions and discontinue the proceedings.
Full and Final settlement,
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