HomeMy WebLinkAboutC24-257 Vail Trademarks, Inc.DOMAIN NAME TRANSFER AGREEMENT BY AND BETWEEN EAGLE COUNTY, COLORADO AND VAIL TRADEMARKS, INC. This Domain Name Transfer Agreement ("Agreement"), dated as of ____________ (the "Effective Date"), is by and between Vail Trademarks, Inc., a Colorado corporation with an address of 390 Interlocken Crescent, Broomfield, Colorado, 80021 ("Seller"), which owns the Domain Name defined below, and Eagle County, Colorado, a body corporate and politic, with an address of P.O. Box 850, Eagle, Colorado 81631 ("Buyer"). RECITALS WHEREAS, Seller is the owner of all right, title, and interest in the domain name FlyEGE.com (the "Domain Name") and is the registrant of the Domain Name with CSC Corporate Domains, Inc.; WHEREAS, Buyer wishes to acquire all right, title, and interest in the Domain Name and the registration thereof; and WHEREAS, the parties have agreed to Seller's sale of the Domain Name to Buyer on the terms and conditions set forth herein. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants, terms, and conditions set forth herein, and for other good and valuable consideration, the parties agree as follows: 1.Domain Name Assignment. In consideration of the Purchase Price (as defined below), Seller hereby irrevocably sells, assigns, transfers, and conveys to Buyer: (a)all right, title, and interest in and to the Domain Name, including the current registration thereof with CSC Corporate Domains, Inc.; and (b)any other rights (including, but not limited to, trademark rights in any jurisdiction) Seller may have in the Domain Name specified in Section 3(a), including any goodwill associated therewith. 2.Purchase Price. (a)In consideration of Seller's sale and transfer of the Domain Name and Seller's other agreements hereunder, Buyer shall pay Seller the sum of ONE DOLLAR AND NO/100 ($1.00) (the "Purchase Price"). By executing this Agreement, Seller acknowledges receipt of the Purchase Price, and acknowledges such payment is sufficient consideration for the sale and transfer of the Domain Name. 3.Transfer of Domain Name. (a)Following the full execution of this Agreement, Seller shall promptly execute all documents, papers, forms, and authorizations, and take such other actions as are necessary to effectuate the transfer of ownership and control of the Domain Name to Buyer, and shall enable Buyer to register the Domain Name in the name of Buyer with the DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08 6/14/2024 2 domain name registry set forth on Schedule 1 attached hereto or as designated in writing by Buyer ("Buyer's Registrar"). (b) The Domain Name will be deemed transferred ("Transfer") when: (i) Buyer's Registrar has confirmed the transfer in accordance with its procedures therefor; (ii) the applicable WHOIS database identifies Buyer as the registrant of the Domain Name; and (iii) the Buyer has administrative and technical access to the Domain Name, and sole control over where the Domain Name points. (c) If Seller fails to complete the Transfer after being given notice by the Buyer and being given an opportunity to cure following full execution of this Agreement in accordance with this Section 3, Buyer may in addition to, and not in lieu of, all other remedies, including but not limited to equitable remedies as set forth in Section 9, terminate this Agreement upon providing 60 days prior written notice to Seller. 4. Notices. If to Seller: Vail Trademarks, Inc. Attn: Dir. Marketing/eCommerce 390 Interlocken Crescent Broomfield, Colorado, 80021 With a copy to Vail Resorts, Inc. Attn: Legal Dept., Box I-88 390 Interlocken Crescent Broomfield, Colorado, 80021 If to Buyer Eagle County, Colorado Attention: Aviation Director 500 Broadway Post Office Box 850 Eagle, CO 81631 With a copy to: Eagle County Attorney 500 Broadway Post Office Box 850 Eagle, Co 81631 DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08 3 5. Other Agreements of Seller. (a) Seller shall not register, acquire, or otherwise use the Domain Name or trademark incorporating the Domain Name or a name that is confusingly similar thereto unless mutually agreed to in writing provided that Buyer has not abandoned the Domain Name or otherwise is no longer in use. (b) Seller shall, following full execution of this Agreement and transfer, cease from using the Domain Name or a name confusingly similar thereto unless mutually agreed to in writing. 6. Representations and Warranties of Seller. Seller represents and warrants to Buyer that as of the Effective Date: (a) Seller has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder; the execution of this Agreement by Seller has been duly authorized by all necessary organizational action of Seller; and when executed and delivered by both parties this Agreement will constitute the legal, valid, and binding Agreement. (b) Seller is the sole registrant, owner, and user of all rights, titles, and interests in and to the Domain Name. Seller, to the best of Seller's knowledge, has at all times been and remains in full compliance with such registration agreement. (c) Seller has not taken any action or entered into any agreement for Seller to, or requiring Buyer to, assign, transfer, license, or grant to any other person or entity the right to use the Domain Name or that otherwise encumbers the Domain Name; (d) To the best of Seller's knowledge, Seller's registration, ownership, and use of the Domain Name do not infringe, misappropriate, dilute, or otherwise violate any US right, including any US intellectual property right, of any other person or entity and no action, including but not limited to any Uniform Dispute Resolution Procedure, has been instituted, settled, or threatened that alleges any such infringement, misappropriation, dilution, or other violation and Seller has not received any communication asserting any such allegations. 7. Representations and Warranties of Buyer. Buyer represents and warrants to Seller that as of the date Effective Date: (a) Buyer has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder; the execution of this Agreement has been duly authorized by all necessary organizational action of Buyer; and when executed and delivered by both parties this Agreement will constitute the legal, valid, and binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions; and 8. Indemnification. Seller shall indemnify, defend and hold harmless Buyer, and any of its officers, agents and employees against any losses, claims, damages, judgments or liabilities DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08 4 for which Buyer may become subject to arising out of or resulting from any third-party claim, suit, action or proceeding related to or arising out of: (a) any breach by Seller of any of its representations, warranties, and obligations hereunder; or (b) Seller's use of the Domain Name; and Seller shall reimburse Buyer for reasonable attorney fees and costs, legal and other expenses incurred by Buyer in connection with investigating or defending any such loss, claim, damage, liability or action to the extent arising out of Seller’s willful or wanton negligence. This indemnification shall not apply to claims by third parties against the Buyer to the extent Buyer is liable to such third party for such claims without regard to the involvement of the Seller. This paragraph shall survive expiration or termination hereof. 9. Equitable Remedies. Seller acknowledges that a breach or alleged breach by Seller under this Agreement may cause Buyer immediate and irreparable harm for which monetary damages may not be an adequate remedy and hereby agrees that in the event of a breach or a threatened breach by Seller of any such obligations, Buyer may, in addition to any and all other rights and remedies that may be available in respect of such breach, be entitled to equitable relief, including in the form of preliminary or permanent injunction, specific performance, and any other relief that may be available from a court of competent jurisdiction without any requirement to post bond. 10. Miscellaneous. (a) Any and all claims, disputes or controversies related to this Agreement, or breach thereof, shall be litigated in the District Court for Eagle County, Colorado, which shall be the sole and exclusive forum for such litigation. This Agreement shall be construed and interpreted under and shall be governed by the laws of the State of Colorado. (b) This Agreement shall be binding upon and shall inure to the benefit of Seller and Buyer and their respective successors and assigns. (c) This Agreement, together with all related exhibits and schedules, constitutes the sole and entire agreement of the parties with respect to the subject matter contained herein, and supersedes all prior and contemporaneous understandings and agreements, both written and oral, with respect to such subject matter. (d) This Agreement may only be amended, modified, or supplemented by an agreement in writing signed by each party hereto, and any of the terms thereof may be waived, only by a written document signed by each party to this Agreement or, in the case of waiver, by the party or parties waiving compliance. (e) This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. A signed copy of this Agreement delivered email, or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement. (f) Notwithstanding anything to the contrary contained in this Agreement, Buyer shall have no obligations under this Agreement after, nor shall any payments be made to Seller in respect of any period after December 31 of any year, without an DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08 5 appropriation therefor by Buyer in accordance with a budget adopted by the Board of County Commissioners in compliance with Article 25, title 30 of the Colorado Revised Statutes, the Local Government Budget Law (C.R.S. 29-1-101 et. seq.) and the TABOR Amendment (Colorado Constitution, Article X, Sec. 20). [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08 6 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date first above written. SELLER: VAIL TRADEMARKS, INC. By_____________________ Name: ____________________ Title: _____________________ BUYER: EAGLE COUNTY, COLORADO, by and through its County Manager By: ______________________________ Title: _____________________________ DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08 Julie A. Dececco EVP, General Counsel County Manager 7 SCHEDULE 1 BUYER'S REGISTRAR Registrar Buyer's Administrative Contact CSC Corporate Domains, Inc. DocuSign Envelope ID: 7365C4D5-2F23-45B2-A378-23D5DDC52E08