LICENSEE AGREEMENT SUMMARY
Non-exclusive use of the Sanfor, Sanforized and Sanfor-Knit trademarks.
Non-exclusive use of Licensors knowledge, information, experience,
techniques and advice on the compressive shrinkage process together with
the equipment, for use in finishing and shrinking of textile fabrics.
Sanforized Company grants a non-exclusive license to use the techniques
for treating textile fabrics under the trademark and to sell such labeled
Sanforized Company personnel inspect licensees machinery and recommend
modifications, if required, to qualify equipment to treat fabric in accordance
with the established standards of The Sanforized Company.
Sanforized Company personnel instruct licensee in proper practices of
the shrinkage process, operation of equipment, and testing procedures
for maintaining the established standard.
Licensee will submit royalty reports on a quarterly basis.
A minimum annual fee will be established. For more information please
contact the Sanforized representative in your area.
The initial term of the agreement shall be negotiated with an option for
automatic renewal six months prior to expiration.