Exhibit 10.65
BILL OF SALE AND ASSIGNMENT OF TRADEMARK ASSETS
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, I.C. ISAACS &
COMPANY L.P., a Delaware limited partnership ("Isaacs"), for good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, received from AMBRA INC., a Delaware corporation ("Ambra") on
this October 22, 1999, pursuant to that certain Agreement dated October 22,
1999 by and between Isaacs, I.C. Isaacs & Company, Inc., Ambra and Hugo Boss
AG (the "Agreement"), does hereby assign, transfer, deliver and set over to
Ambra and Ambra's successors and assigns forever, and Ambra hereby acquires
from Isaacs, all of Isaacs' right, title and interest in and to all of the
following assets, properties and rights of Isaacs throughout the world (the
"Trademark Assets"), including, without limitation, the Brookhurst Trademark
Assets, representing the BOSS Business of Isaacs operating under the BOSS
marks, as set forth below, the same to be held and enjoyed by Ambra for its
own use and enjoyment, and for the use and enjoyment of its successors,
assigns or other legal representatives forever, as fully and entirely as the
same would have been held and enjoyed by Assignor had the assignment and sale
set forth herein not been made:
(a) Any and all right, title and interest of Isaacs in and to the
trademarks, service marks, trade names, logos, insignias, designs, copyrights
(if any), and other proprietary interests therein, containing the term "BOSS" or
constituting a stylized B, throughout the world, including, without limitation,
all registrations and applications for registration therefor throughout the
world, including those trademark registrations and applications listed on
EXHIBIT A hereto together with the good will associated therewith, (the
"Trademarks") and including all causes of action and the proceeds thereof in
favor of Isaacs heretofore accrued or hereafter accruing with respect to the
Trademarks; provided however, that Isaacs shall retain all causes of action and
proceeds thereof, and bear all costs and expenses, including attorneys fees,
with respect to the pending litigation involving Oh Trading in the Southern
District of New York;
(b) All rights of Isaacs under the Worldwide Rights Acquisition
Agreement, as that term is defined in the Agreement, the Uniform License
Agreement between Isaacs and Brookhurst, Inc. dated November 5, 1997 and all
license agreements, concurrent use agreements and other agreements listed on
SCHEDULE 2.01(b) to the Agreement and all files relating thereto which were
acquired by Isaacs pursuant to the Worldwide Rights Acquisition Agreement,
including, without limitation, an assignment of all copyrights, if any, that
Isaacs may own as a result of the use of Property, as such term is defined in
the Foreign Rights Manufacturing Agreement; and
(c) All right, title, interest in and to all files that Isaacs has
within its possession or control relating to the Trademarks provided, however,
that Isaacs shall not be responsible for (i) destruction of records caused by an
Act of God or other "Force Majeure" event, or (ii) any immaterial
non-intentional destruction of records.
From and after the date hereof, Isaacs shall, upon request and at the
expense of Ambra but without further consideration, do, execute, acknowledge,
deliver and file, or shall cause to be done, executed, acknowledged, delivered
and filed, all such further acts, deeds, transfers,
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conveyances, assignments or assurances as may be reasonably requested by Ambra
to transfer, convey and assign to Ambra possession and use of the Trademark
Assets and to comply with all applicable legal requirements to effect such
transfers, conveyances and assignments.
Anything contained in this Bill of Sale and Assignment of Trademark
Assets to the contrary notwithstanding, this Bill of Sale and Assignment of
Trademark Assets shall not constitute an agreement to assign any contract, or
any claim or right or any benefit arising thereunder or resulting therefrom, if
an attempted assignment thereof, without the consent of a third party thereto,
would constitute a breach of or be in violation of any such contract, claim,
right or benefit.
Capitalized terms used herein without definition shall have the
meanings ascribed to them in the Agreement.
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In the event of any conflict or inconsistency between this Bill of Sale
and Assignment of Trademark Assets and the Agreement, the terms of the Agreement
shall prevail.
IN TESTIMONY WHEREOF, Isaacs has caused these presents to be executed.
I.C. ISAACS & COMPANY L.P.
By: I.C. Isaacs & Company, Inc., its
General Partner
By: /s/ Robert J. Arnot
---------------------------------
Name: Robert J. Arnot
Title: Chairman and CEO
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EXHIBIT A TO BILL OF SALE AND
ASSIGNMENT OF TRADEMARK ASSETS
SCHEDULE OF TRADEMARKS
I.C. Isaacs & Company L.P.'s BOSS
U.S. Trademark Applications/Registrations
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
TRADEMARK REG. NO. GOODS* COUNTRY/ STATUS
APP NO. (CLASS) STATE
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
B (Stylized) 1,756,992 clothing (25) USA registered 3/9/93
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 1,023,305 work clothes (25) USA registered/renewed
10/21/95
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 1,933,326 golf clubs (28) USA registered 11/7/95
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
LADY BOSS 1,214,960 work clothes for women (25) USA registered 11/2/92
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 101509 clothing (25) California registered
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BABY BOSS 74/346,231 children's flatware (8); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BABY BOSS 74/801,565 linens (24); USA applied/NOA issued
lace and embroidery (26) 9/7/99
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 75/013,293 machines and tools (7); USA applied/suspended
hand tools and instruments (8);
appliances (11);
vehicle parts (12);
clocks (14);
household utensils (21)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
* For ease of reference the description of goods in this chart is
generalized. (See registrations and applications for specific goods
covered.)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
TRADEMARK REG. NO. GOODS* COUNTRY/ STATUS
APP NO. (CLASS) STATE
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/323,654 golf carts and bicycles (12); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/074,962 mugs (21); USA applied/NOA issued
towels (24); 6/15/99
socks and sweatbands (25);
golf bags (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/801,552 linens (24); USA applied/opposition
lace and embroidery (26) dismissed
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/075,953 clothing (25) USA applied/suspended
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/326,997 clothing (25) USA applied/suspended
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/263,623 skis and roller skates (28) USA applied/suspended
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS 74/269,769 toys/sporting goods (28) USA applied/suspended
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS AMERICA 74/346,232 golf carts and bicycles (12); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS AMERICA 74/801,551 linens (24); USA applied/opposition
lace and embroidery (26) dismissed
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
* For ease of reference the description of goods in this chart is
generalized. (See registrations and applications for specific goods
covered.)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
TRADEMARK REG. NO. GOODS* COUNTRY/ STATUS
APP NO. (CLASS) STATE
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS BUSINESS 74/355,226 golf carts and bicycles (12); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS BUSINESS 74/801,657 linens (24); USA applied/opposition
hair ornaments (26) dismissed
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS GOLF 74/346,233 golf carts and bicycles (12); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
BOSS GOLF 74/801,554 linens (24); USA applied/suspended
lace and embroidery (26)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
LADY BOSS 74/346,230 golf carts and bicycles (12); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
LADY BOSS 74/801,550 linens (24); USA applied/NOA issued
lace and embroidery (26) 9/7/99
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
* For ease of reference the description of goods in this chart is
generalized. (See registrations and applications for specific goods
covered.)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
TRADEMARK REG. NO. GOODS* COUNTRY/ STATUS
APP NO. (CLASS) STATE
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
LITTLE BOSS 74/346,234 children's flatware (8); USA applied/suspended
jewelry (14);
paper goods (16);
leather goods (18);
clothing (25);
toys/sporting goods (28)
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
LITTLE BOSS 74/801,545 linens (24); USA applied/opposition
lace and embroidery (26) dismissed
- --------------------------- ----------------- --------------------------------- ---------------- ----------------------
* For ease of reference the description of goods in this chart is
generalized. (See registrations and applications for specific goods
covered.)