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Hyatt Domestic. These licensed marks were: “Hyatt House
Hotels”, “H. H. & Designs”, and “Hyatt Lodges & Design”. Hyatt
Domestic granted to HIC the exclusive license to use the marks
outside the United States and its territories and possessions,
the nonexclusive license to use the marks in Hawaii, Alaska, and
the U.S. territories and possessions, and the nonexclusive
license to use the marks on printed matter, brochures, and
similar products throughout the world. The agreement also
allowed HIC to grant sublicenses to any entity in which it owned
at least a 50-percent interest. HIC agreed that the standards of
services and the quality of products bearing a mark would be at
least equivalent to those adopted or used by Hyatt Domestic. HIC
agreed to pay Hyatt Domestic $10,000 upon execution of the
agreement, plus $10,000 for each new hotel operated under the
name “Hyatt”. The expenses of trademark and name registration in
foreign jurisdictions were the responsibility of HIC as were the
costs of any foreign trademark infringement litigation. The
agreement was signed twice by Jay Pritzker, once as president of
Hyatt Domestic and a second time as president of HIC.
On October 22, 1971, Hyatt Domestic authorized HIC to use
the “Regency” name in addition to the “Hyatt” name licensed under
the 1968 agreement. The previously established $10,000 fee per
hotel, however, was not changed. On September 24, 1976, the list
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