(1) The Licensee shall not assign, sublicense, pledge nor otherwise hypothecate any or all of its rights under this Agreement without San-X’s prior written consent.
(2) The Licensee shall not modify the Characters without San-X’s prior written consent. If the Licensee modifies the Characters without San-X’s prior written consent, regardless of to which part of the Characters such modification was made, San-X shall automatically acquire all forms and types of rights in the modified character (including, but not limited to, all of the copyrights and any other related rights throughout the world), and the Licensor shall regard such modification as a breach by the Licensee of the provisions of this Agreement and the Licensee agrees to do so. If the Licensee applies for or registers a trademark or a design of the modified character, the Licensee shall, in accordance with the San-X’s request, transfer the pending application or registered name of the trademark or the design to San-X for free and at the expense of the Licensee.
(1) The Licensee shall not assign, sublicense, pledge nor otherwise hypothecate any or all of its rights under this Agreement without San-X’s prior written consent.
(2) The Licensee shall not modify the Characters without San-X’s prior written consent. If the Licensee modifies the Characters without San-X’s prior written consent, regardless of to which part of the Characters such modification was made, San-X shall automatically acquire all forms and types of rights in the modified character (including, but not limited to, all of the copyrights and any other related rights throughout the world), and the Licensor shall regard such modification as a breach by the Licensee of the provisions of this Agreement and the Licensee agrees to do so. If the Licensee applies for or registers a trademark or a design of the modified character, the Licensee shall, in accordance with the San-X’s request, transfer the pending application or registered name of the trademark or the design to San-X for free and at the expense of the Licensee.
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