Article 17. Protection of Intellectual Property Rights
FTAI is the owner or the grantee of all intellectual property rights attached to the PRODUCTS and SERVICES, as well as to their components (including, particularly, the data-processing programmes and prototypes), and all printed reference to the PRODUCTS and SERVICES such as documentation, instruction manuals (together known as "Deliverables”). No provision of the CONTRACT may be interpreted as transferring these rights to the DISTRIBUTOR and its Clients.
Consequently, the DISTRIBUTOR must not under any circumstances appropriate or code to a third party any rights over these Deliverables. In particular, the DISTRIBUTOR shall not record or try to record, directly or indirectly, in any country, a brand name or the name of an identical or similar domain to the brand names held by FTAI or to any of their components. In the same way, the DISTRIBUTOR undertakes to refrain from obtaining and/or trying to obtain any right of ownership to the brand names and all other similar names.
No licence for the brand names held by FTAI is granted, either specifically or implicitly, by the CONTRACT, other than that strictly necessary for use in the purchase, the sale and/or trade of the PRODUCTS and SERVICES.
For this reason the DISTRIBUTOR undertakes not to engage in anything which could impede or damage the peaceful use of the brand names or any other intellectual property of FTAI and contracts neither to use them nor to cede them to a third party or to permit their recording in any way that could affect their validity and/or the rights of FTAI. The DISTRIBUTOR undertakes not to commit any infringement. The present obligation will remain into force even after the termination of the CONTRACT.
The DISTRIBUTOR shall inform FTAI immediately of any fraudulent or inappropriate use of the aforesaid brand names or any intellectual property rights held by FTAI of which it is aware in the TERRITORY and undertakes to assist FTAI, on demand by it, to take all necessary measures in the defence of FTAI’ rights.