
Licensing
LICENSING PRE-QUALIFICATION TERMS AND CONDITIONS
WESLEY PHILLIPPE LLC dba ZZSASH has developed this webpage to provide pre-qualification information for companies interested in having ZZSASH consider their unsolicited proposals for the licensing of ZZSASH trademarks. If your company decides to seek pre-qualification, it should review the Terms and Conditions described below and submit a formal inquiry and required information to ZZSASH by e-mail to wesleyphillippellc@gmail.com.
ZZSASH will review the information you submit and make a determination as to whether your unsolicited proposal qualifies for the ZZSASH licensing program. No decision can be made by ZZSASH until all of your pre-qualification information has been received and verified. An overview of the pre-qualification process is set forth below. You acknowledge that the materials provided in connection with the unsolicited proposal will be reviewed and accepted or rejected in ZZSASH's sole discretion. You understand that neither acceptance of the unsolicited proposal nor any meetings or discussions concerning the unsolicited proposal (collectively, the "Discussions") shall constitute a license or shall be deemed to be a commitment to engage in any business relationship, contract or future dealing with your company, or limit ZZSASH's right to engage in any activity (on its own or with any third party), whether such activity is similar to anything contemplated during the Discussions or to conduct similar discussions with third parties.
1. How It Works: ZZSASH serves as the representative of WESLEY PHILLIPPE LLC dba ZZSASH for the licensing of their trademarks and logos (the "ZZSASH Marks"). The ZZSASH Marks include, among others, the ZZSASH logo, the ZZSASH wordmark, and other associated branding elements.
The pre-qualification process requires that you submit certain information about your company for review by ZZSASH. The pre-qualification process is the first stage of a licensing process that involves several stages. If the information you submit on your company matches the criteria for the ZZSASH licensing program established by ZZSASH (which criteria may change from time to time), we will contact you about the possibility of your company licensing the ZZSASH Marks; however, any such license would be the subject of a separate written agreement between your company and ZZSASH. Neither our request for information nor your reply to the request for information constitutes an offer to contract or a solicitation by ZZSASH to offer a contract to your company.
2. Minimum Requirements: In order for your unsolicited proposal to be considered for the ZZSASH licensing program, your company MUST:
a. Have a minimum of three years of experience in manufacturing and distribution;
b. Be a manufacturer, NOT solely a middleman or distributor;
c. Have the ability to pay 100% of minimum royalty guarantee upon execution of a license agreement (typically about $25,000 per year) and be able to generate sales sufficient to meet the minimum royalty guarantee on a yearly basis;
d. Maintain from a licensed and admitted insurance carrier with a rating not less than A-VII from an A.M. Best rated insurance company a Comprehensive Commercial General Liability policy in an amount of 2.5 Million Dollars ($2,500,000.00) per occurrence and Four Million Dollars ($4,000,000.00) in the aggregate; and
e. Be in compliance with all federal, state and local laws and, where applicable, international rules and regulations, including all applicable labor laws.
3. Information Required for Pre-Qualification: You will be required to submit the following pre-qualification information:
a. Pre-qualification information, which includes detailed information about your company and its officers, financial information, and experience, as well as a detailed business plan and other information about your proposed use of the ZZSASH Marks;
b. Two years of audited financial statements and/or two years of company tax returns;
c. An annual report;
d. Product catalog or sell sheets; and
e. A credit reference from a financial institution.
4. Prohibited Content: Your pre-qualification information should NOT include any confidential or proprietary creative ideas or products. If it does, ZZSASH's review of your pre-qualification materials will terminate immediately, and your company will be disqualified from participation in the ZZSASH licensing program. Accordingly, when you send us information about your company, do NOT include confidential or proprietary information, such as product concepts, designs, ideas, original artwork, or other original creative materials or suggestions. This is necessary to prevent possible future misunderstandings when products developed by our own employees or licensees might seem to others to be similar to their own creative work. You acknowledge and agree that ZZSASH at all times has many products and projects in various stages of development, and that the results of these endeavors may be similar or identical to your own products or projects. You further acknowledge that no confidential relationship is established by the submission of your pre-qualification information to ZZSASH. You understand that it is entirely up to you what information or material you disclose to ZZSASH, and you agree that ZZSASH shall have the right to assume that any information or material presented in connection with the pre-qualification information (whether or not in writing) is not subject to any confidentiality or other restriction.
If you ignore ZZSASH's policy and submit any creative suggestions, ideas, notes, drawings, concepts, designs, or other information (collectively "Unsolicited Submissions"), you hereby assign to ZZSASH all rights of every nature and description, in perpetuity, throughout the world, in such Unsolicited Submissions. The Unsolicited Submissions shall be deemed, and shall remain, the sole property of ZZSASH. None of the Unsolicited Submissions shall be subject to any obligation of confidence on ZZSASH's part, and ZZSASH shall not be liable for any use or disclosure of any Unsolicited Submissions. Without limitation of the foregoing, ZZSASH shall exclusively own all now-known and hereafter existing rights to the Unsolicited Submissions for any purpose whatsoever, commercial or otherwise, without compensation of any kind to the provider of the Unsolicited Submissions.
5. Submission of Information: It is important that you follow the procedures outlined above. Once the pre-qualification information has been compiled and is completed, please mail it and all other requested information to ZZSASH New Products Department,6695 Green Valley Circle #4671, Culver City, CA 90230 or to wesleyphillippellc@gmail.com. Please note that we do not accept any fax submissions. If the information you submit on your company matches the criteria for the ZZSASH licensing program established by ZZSASH, you will hear from ZZSASH within 60-90 days. Please do not contact us as to the status of the review of your pre-qualification information. If you do not hear from us within 90 days, please be advised that your company has not met the criteria for the ZZSASH licensing program established by ZZSASH.
6. Risk of E-mail Communications: You acknowledge and agree that e-mail is inherently not a secure method of communication, that third parties may access information sent by you to ZZSASH by e-mail, that ZZSASH makes no representations about the security of information sent by you to ZZSASH, and that ZZSASH will not be liable for any disclosure to or subsequent use by third parties of confidential or other information sent by you to ZZSASH.
7. Limitations and Restrictions: Nothing contained in these Terms and Conditions is intended to limit ZZSASH's sole and complete discretion to accept or reject any licensing proposal. Providing the information requested by ZZSASH in no way implies or guarantees that your company will be granted any rights to use or otherwise license any ZZSASH Marks.
Agreement to Terms and Conditions: In order to participate in ZZSASH's pre-qualification program, you must accept the Terms and Conditions described above. We suggest that you print out a copy of these Terms and Conditions and keep them for your records.