Exhibit 10.4
TRADEMARK SUBLICENSE AGREEMENT
This Agreement is effective ● , 2021 (the “Effective Date”), by and between:
Brookfield Asset Management Inc. (“Licensor”), a corporation organized under the laws of the Province of Ontario, having an office at Suite 330, 181 Bay Street Toronto, Ontario M5J 2T3, Canada,
and
Brookfield Asset Management Reinsurance Partners Ltd., (“Sublicensee”), an exempted company limited by shares organized under the laws of Bermuda, having an office at 73 Front Street, 5th Floor, Hamilton HM 12, Bermuda (collectively, the “Parties”).
WHEREAS Brookfield Office Properties Inc. (“Owner”), a corporation organized under the laws of Canada, having an office at Suite 330, 181 Bay Street, Toronto, Ontario M5J2T3, Canada, is the owner of the registered and common law BROOKFIELD trademark as may be amended from time to time (the “Trademark”);
WHEREAS Owner has granted to Licensor a worldwide, non-exclusive license to the Trademark with a right to grant sublicenses pursuant to a Trademark License Agreement dated (“Master License”);
WHEREAS Sublicensee wishes to obtain a worldwide non-exclusive license to use the Trademark, upon the terms and subject to the conditions hereinafter set forth;
WHEREAS on the [Effective Date], the Sublicensee and Licensor entered into an Administration Services Agreement and a Support Agreement;
WHEREAS Licensor agrees to grant to Sublicensee a worldwide non-exclusive license to use the Trademark, upon the terms and subject to the conditions herein set forth as at the Effective Date, and wishes to put in writing:
NOW, THEREFORE, in consideration of the foregoing, and of the mutual promises and undertakings contained herein, and other good and valuable consideration, the parties agree as follows:
1. | License. Licensor grants as of the Effective Date to Sublicensee a worldwide non-exclusive, royalty-free license to use the Trademark in connection with the services set out in Schedule A (the “Services”) and any Additional Goods and Services as defined in section 4 of this Agreement. |
2. | Sublicense. Sublicensee has the right to sublicense the use of the Trademark to others as of the Effective Date, subject to written consent from Licensor and written agreement from any Sublicensee’s sublicensees agreeing to the terms and |
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