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The Agreement will become effective on the date WEBCC notifies you that WEBCC has accepted your Premier Partner Application (“Effective Date”).

WEBCC is an ICANN accredited registrar and provides domain name registration services to users for various Top Level Domains Domains (“TLDs”), including Country Code Top Level Domains (“cc TLDs”) and Generic Top Level Domains (“g TLDs”).

WEBCC hereby grants to the Premier Partner a non-exclusive, non-transferable, non-sub-licensable, revocable, royalty free licence to the Premier Partner to utilise WEBCC’s Trade Marks during the term of this Agreement in connection with the Collaborative Services and nothing in this Agreement shall transfer ownership in the Trade Marks which shall at all times be owned by WEBCC.WEBCC may in its sole discretion modify the Interface Tool, or discontinue any part thereof from time to time;means the registered and/or unregistered trademarks and/or service marks owned by a particular Party and/or such other marks, names, signs or indicia of origin as may be utilized by the said Party from time to time, and “Trade Mark” shall refer to such one of them as the case may be; and WEBCC and the Premier Partner agree that they are not bound exclusively by this Agreement and that the terms of this Agreement shall not preclude any Party from entering into similar arrangements with any other third party during the term of this Agreement.The terms of this Agreement shall take effect from the Effective Date and shall continue to be in force for a period of one (1) year thereafter (“Initial Term”), unless otherwise terminated by either Party pursuant to Clause 12 of this Agreement.The Parties agree that each Party retains full and exclusive Intellectual Property Rights and ownership in any and all letters patent, inventions, software, algorithms, know-how, Trade Marks, copyrights and trade secrets, and any other proprietary rights which the Party currently possesses, or has developed independently pursuant to this Agreement.The Premier Partner acknowledges and agrees that WEBCC’s Trade Marks and WEBCC’s Intellectual Property Rights, and the goodwill associated therewith, are valuable properties belonging to WEBCC and shall remain the sole and exclusive property of WEBCC.

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