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TRADEMARK COEXISTENCE AGREEMENT PARK CITY DRAFT 062916This Agreement is entered into by Park City Municipal Corporation (PCC) and VR CPC Holdings, Inc. (VR), effective this day of June 2016.1.FACTUAL
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A trademark coexistence agreement is a legal contract between two parties who have similar or identical trademarks, allowing them to coexist without infringing on each other's rights.
Parties who have similar or identical trademarks and want to avoid potential conflicts are required to file a trademark coexistence agreement.
Trademark coexistence agreements are typically drafted by legal professionals and should outline the terms and conditions of how the parties will coexist without infringing on each other's trademarks.
The purpose of a trademark coexistence agreement is to prevent potential trademark infringement disputes by clearly defining the rights and limitations of each party.
The trademark coexistence agreement should include details of the trademarks involved, the rights of each party, limitations on the use of the trademarks, and any financial arrangements between the parties.
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