- 41 - provided for payment by MTNV to Eurotor and TM jointly “but it will be exclusively EUROTOR that will have the rights to them during the entire time that this contract might last”. The document then varied from the January 24, 1983, document in that it further stated that, once MTNV had “achieved a daily average, in the last fiscal year, of 700 clients”, Eurotor and TM would separate, “nullifying, with all effects, their merger.” After the separation, TM was to receive from MTNV 10 percent of MTNV’s “gross production”. TM was to take “exclusive charge of technical assistance, not management.” TM was to contribute to MTNV the use of the name, trademark, and idea; the handbook or formula; all of its experience with respect to choreography, lights, and sound; the making and maintaining of the costumes and wardrobe; all that is relevant to the equestrian section of the program; all that is relevant to the fights, duels, and selection and control of the weapons; its knowledge with respect to the serving of food and drink (catering); an assessment with respect to the promotions and publicity; and effect a “persual [sic]” and control of quality and advise on the modifications that ought to be carried out to which MTNV would always be heedful. Eurotor was to contribute to MTNV its “experience in the management of companies”, including finance, administration, and personnel. The document further stated: “By express desire of EUROTOR and TORNEOS [TM], it is put in evidence that TORNEOS [TM] is the exclusive owner of this FORMULA, that in other countriesPage: Previous 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Next
Last modified: May 25, 2011