Amendment to Corporate Tradename and Trademark Agreement between E.I. du Pont de Nemours & Co. and DuPont Photomasks, Inc.
E.I. du Pont de Nemours & Co. and DuPont Photomasks, Inc. have agreed to amend their existing Corporate Tradename and Trademark Agreement, originally dated May 7, 1998. The amendment specifically replaces Section 5.1(c) to clarify the conditions under which the licensor may act if it ceases to be the largest shareholder and the new largest shareholder is not a passive investor. This change is intended to update the agreement's terms regarding shareholder status and trademark rights.
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EXHIBIT 10.11.1
CORPORATE TRADENAME AND TRADEMARK AGREEMENTAMENDMENT
DuPont and DPI hereby agree to amend the Corporate Tradename and Trademark Agreement made and entered into by them May 7, 1998, as follows:
Section 5.1(c) is deleted in its entirety and replaced with the following language:
"5.1(c) If the Licensor ceases to be the largest shareholder of common stock of the Licensee, and the new largest shareholder is, in the Licensor's reasonable judgment, someone other than a passive shareholder."
E.I. DU PONT DE NEMOURS & CO. | DUPONT PHOTOMASKS, INC. | |
By: /s/ SUSAN M. STALNECKER | By: /s/ JOHN M. LYNN | |
Name: Susan M. Stalnecker | Name: John M. Lynn | |
Title: Vice President and Treasurer | Title: Executive Vice President and General Counsel |
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- EXHIBIT 10.11.1