Letter of Undertaking Regarding Exclusive Trademark Use and Transfer Between YBM Group China Co., Ltd and Shanghai Vomart Auto Parts Co. Ltd
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Summary
YBM Group China Co., Ltd authorizes Shanghai Vomart Auto Parts Co. Ltd to exclusively and freely use trademark No. 6454234, including all related economic and non-economic interests. YBM Group commits not to allow any other party to use or benefit from the trademark. Additionally, YBM Group promises to transfer ownership of the trademark to Shanghai Vomart Auto Parts Co. Ltd as soon as possible, making them the legitimate registrant.
EX-10.9 18 v208786_ex10-9.htm
Letter of Undertaking
YBM Group China Co., Ltd hereby makes the following solemn commitment:
Our company hereby authorizes Shanghai Vomart Auto Parts Co. Ltd to have the right of exclusive, free use of the trademark No ###-###-####, registered under the name of YBM Group China Co., Ltd. All economic and non-economic interests related to this trademark are attributed to Shanghai Vomart Auto Parts Co. Ltd. Our company does not authorize any other person or organization to use this trademark or benefit from the use of the trademark.
We are committed to freely transfer the trademark No ###-###-#### to Shanghai Vomart Auto Parts Co. Ltd as soon as possible so that Shanghai Vomart Auto Parts will become its legitimate registrant.
Company: YBM Group China Co., Ltd
Date: July 30, 2010
