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TRADEMARK LICENSE AGREEMENT <br /> This Trademark License Agreement(the`Agreement")is entered into effective as of May 7, 2019 <br /> by and between July Moreno, 217 Wilson Street, San Marcos, Texas 78666 ("Licensor'), and the <br /> City of San Marcos, Texas, a Texas home rule municipal corporation, 630 East Hopkins Street, <br /> San Marcos, Texas 78666 ("Licensee"). <br /> 1. RECITALS <br /> 1.1 licensor claims the prior use of,or is the owner of,all right,title and interest in the mark <br /> "The Mermaid Capital of Texas" whether registered or to be registered with any state or federal <br /> authority (the "Trademark"). <br /> 1.2 Licensee desires to obtain a license to use the Trademark in connection with licensee's <br /> municipal activities, including promotions, marketing, advertising and general services provided <br /> to the public. <br /> 1.3 Licensor agrees to grant, and Licensee desires to accept, a license to use the Trademark, <br /> subject to the terms of this Agreement. <br /> 1.4 In exchange for good and valuable consideration, the sufficiency and receipt of which is <br /> hereby acknowledged, the parties agree as set forth below. <br /> II. AGREEMENT <br /> 2.1 Grant of License. <br /> 2.1.1 Licensor hereby grants to Licensee, at no cost, a non-exclusive worldwide license <br /> and right to use the Trademark in Licensee's activities as a municipal corporation, <br /> including, but not limited to, placement of the trademark in printed, digital, audio, visual <br /> or multimedia presentations, advertisements or materials for the promotion of: i) civic <br /> pride; ii) community engagement; iii) municipal branding; iv) local identity; v) tourism; <br /> vi) economic development; and vii) public events sponsored in whole, or in part by <br /> Licensee. <br /> 2.1.2 It is understood and agreed that this license shall pertain only to the words in the <br /> Trademark and Licensee is not restricted to the use of a particular font or in the manner in <br /> which Licensee pairs the Trademark with other designs, slogans, phrases, images or <br /> illustrations. <br /> 2.1.3 Licensee may not grant any sublicenses to any third party without the prior express <br /> written consent of the Licensor. <br /> 2.2 Term of Agreement. This Agreement and the provisions hereof, except as otherwise <br /> provided, shall be in full force and effect commencing on the last the date of execution <br /> below and shall extend for the life of the Trademark(the"Term"). <br />