DOMAIN NAME TRANSFER AND ASSIGNMENT AGREEMENT
THIS DOMAIN NAME TRANSFER AND ASSIGNMENT AGREEMENT ("Agreement") is made and
entered into to be effective as of July ___, 1999, by and between Rodney
Brittain, having an address at (edited) Phoenix, AZ 85023 ("Registrant")
and the National Burglar & Fire Alarm Association, a Illinois not for profit
corporation having its principal place of business at 7101 Wisconsin Avenue,
Suite 901, Bethesda, MD 20814 ("Purchaser").
NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, Registrant and Purchaser agree as follows:
1. Background. Registrant has registered with Network Solutions Inc. ("NSI")
and is using the domain name "NBFAA.COM" ("Domain Name"). Purchaser is
currently using or intends to use the servicemark "NBFAA" and variations
thereof, including "NBFAA.COM", "NBFAA.NET", "NBFAA.ORG" etc. (collectively
"Trademark") and desires to purchase from Registrant the Domain Name pursuant
to the terms and conditions of this Agreement.
2. Assignment. Registrant does hereby sell, grant, assign and convey to
Purchaser all of Registrant's right, title and interest in and to the Domain
Name, together with the goodwill of the business symbolized by or associated
with the Domain Name, including Registrant's right, title and interest and in
and to: (a) the domain name registrations secured through NSI, together with
all associated uniform resource locators and other Internet or similar
addresses or identifiers; (b) all pending or future applications for
registration, if any, for the Domain Name throughout the world with any other
domain name registry; (c) the right to secure additional registrations
throughout the world with other domain name registries for the Domain Name; (d)
all trademark, service mark or similar rights in the Domain Name and any
similar names, together with all applications and/or registrations of such
trademarks and service marks and the right to seek such applications,
registrations and renewals therefor, all throughout the world; (e) all income,
royalties, damages or payments now or hereafter due and/or payable with respect
to the Domain Name or Domain Name registrations; (f) the right to sue for past,
present and future infringements or misuse of the Domain Name; (g) the right to
secure all renewals for the Domain Name registrations; and (h) all rights
corresponding thereto throughout the world, as fully and entirely as the same
would have been held and enjoyed by Registrant had this transfer and assignment
not been made.
3. Additional Documents. Registrant agrees to execute any and all papers
necessary to convey the Domain Name to Purchaser and to transfer the Domain
Name registrations with NSI and/or other domain name registries or other
governmental agencies, including a copy of the Registrant Name Change Agreement
attached hereto as Exhibit A for each Domain Name. Registrant agrees to
execute and deliver to Purchaser such instruments as Purchaser deems necessary
to vest in Purchaser the sole ownership of and all exclusive rights in and to
the Domain Name, and if Registrant fails to so execute and deliver, Registrant
hereby appoints the President of Purchaser, Dan Jacquish, as his
attorney-in-fact for the limited purpose of executing on Registrant's behalf
such instruments.
4. Payment. Upon receipt from NSI (or other domain name registry) by Purchaser
of confirmation of the transfer of the Domain Name to Purchaser and upon
confirming that the Domain Name registration has been transferred to Purchaser
in the WHOIS database (or such other public database of domain name
registrations), Purchaser will: (i) pay to Registrant, by certified check or
wire transfer, the sum of five hundred United States dollars (US$500.00); and
(ii) provide to Registrant a two (2) year membership in Purchaser's association
(beginning on the first day of the calendar month following execution of this
Agreement and the Registrant Name Change Agreement), which has a value of two
hundred fifty United States dollars (US$250.00)). Furthermore, Registrant
shall be solely responsible for any and all taxes associated with the sale of
the Domain Name to Purchaser.
5. Representations and Warranties. Registrant represents and warrants that:
(a) Registrant has all requisite authority and capacity to execute and deliver
this Agreement, to consummate the transaction and perform all of the terms and
conditions contemplated by this Agreement; (b) Registrant is the current
registrant and owner of the Domain Name; (c) Registrant is not currently or in
the past in breach of any NSI Domain Name Registration Agreement entered into
when Registrant registered and renewed, if applicable, the Domain Name; (d)
Registrant has not and will not take any action or inaction that would impair
the value or functionality of the Domain Name; (e) Registrant will cease using,
advertising, or otherwise promoting the Domain Name in connection with its
products and services; (f) Registrant has no knowledge of any intellectual
property or moral rights infringement action or other liability associated with
or resulting from the Domain Name; (g) the Domain Name is not subject to any
lien, security interest or other encumbrance and Registrant is transferring and
assigning the Domain Name to Purchaser free and clear of all liens, security
interests or other encumbrances; (h) Registrant has not and will not, directly
or indirectly, use, register or re-register, or attempt to use, register or
re-register, anywhere in the world, any domain name, trademark or service mark
(or any variation or colorable imitation thereof) that is identical or
confusingly similar to, or, in the opinion of the Purchaser, may cause a
likelihood of confusion with, either of the Domain Name; (i) Registrant will
not, directly or indirectly, contest Purchaser's ownership of or actions with
respect to the Domain Name; and (j) Registrant will not, directly or
indirectly, contest Purchaser's Trademark, whether registered or unregistered,
now or in the future.
6. Confidentiality. Registrant acknowledges and agrees that the existence of
and terms and conditions contained in this Agreement are confidential and may
not be disclosed by Registrant to any third party for any reason, and any
breach of this provision will result in irreparable harm to Purchaser.
7. Miscellaneous. Each provision of this Agreement shall be deemed separate
and distinct from all other provisions of this Agreement and if any one of them
is declared illegal or unenforceable, it shall not affect the legality or
enforceability of the other provisions then remaining which shall continue in
full force and effect. Registrant acknowledges and agrees that the transfer
and assignment contemplated by this Agreement is a unique transaction for which
a remedy at law would be insufficient, and therefore, in the event of a breach
by Registrant, Purchaser shall be entitled to seek remedy in a court of equity.
Registrant and Purchaser acknowledge and agree that this Agreement and all
questions arising hereunder shall be construed, resolved and governed by the
internal substantive federal laws of the United States of America and state
laws of the State of Maryland without regard to conflict of laws principles.
Registrant consents to the jurisdiction and venue of the state and federal
courts sitting in Montgomery County, Maryland. The word "including" means
"including without limitation." This Agreement can only be amended by the
mutual agreement of the parties. This Agreement will not be construed against
its drafter, and Seller acknowledges that it has had the opportunity to have
counsel review and revise this Agreement. No failure or delay by either party
in exercising any right, power or privilege under this Agreement will operate
as a waiver. This Agreement embodies the entire understanding of the parties
and supersedes all prior negotiations, understandings and agreements with
respect to the subject matter hereof.
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IN WITNESS WHEREOF, the parties hereto, each acting under due and proper
authority, have executed this Agreement on the dates indicated below.
REGISTRANT:
RODNEY BRITTAIN
Date:
PURCHASER
NATIONAL BURGLAR & FIRE ALARM ASSOCIATION
By:
Title:
Date