Copyright Assignment Agreement: Definition & Sample

ContractsCounsel has assisted 36 clients with copyright assignment agreements and maintains a network of 64 intellectual property lawyers available daily. Customers rate lawyers for copyright assignment agreement matters 5.0.

What is a Copyright Assignment Agreement?

A copyright assignment agreement is a legal document transferring the ownership and rights of a specific creative work or works. A copyright assignment agreement protects the rights of parties involved by clarifying and providing a record of ownership of a work, especially in the event of a transfer.

Notarization of a copyright assignment agreement is not legally required, but it is always a good idea to get an agreement like this notarized. Copyright assignment agreements can cover works such as writing or artwork and are sometimes known as a sales agreement for copyright.

Common Sections in Copyright Assignment Agreements

Below is a list of common sections included in Copyright Assignment Agreements. These sections are linked to the below sample agreement for you to explore.

Copyright Assignment Agreement Sample

INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT

This Intellectual Property Assignment Agreement (“ Agreement ”) is entered into as of September 20, 2016 (the “ Effective Date ”), by and among CBI Distributing Corp., a corporation organized and existing under the laws of Delaware, having an address at 2400 West Central Road, Hoffman Estates, IL 60192 (“ CBI” ), Claire’s Stores, Inc., a Florida Corporation, having an address at 2400 West Central Road, Hoffman Estates, IL 60192 (“ Claire’s Stores ”) (solely with respect to Sections 4.1 and 5), and CLSIP Holdings LLC, a limited liability company organized and existing under the laws of Delaware, having an address at 2400 West Central Road, Hoffman Estates, IL 60192 (“ Holdings ”). CBI and Holdings are collectively referred to throughout this Agreement as the “Parties.”

A. CBI is the owner of all right, title, and interest in and to the IP Assets (as defined below) as well as 100% of the equity of Holdings.

B. CBI is a wholly-owned subsidiary of Claire’s Stores.

C. Holdings desires to acquire all rights in and to the IP Assets and CBI desires to assign such rights to Holdings as a contribution to the capital of Holdings.

D. CLSIP LLC desires to acquire all rights in and to the IP Assets and Holdings desires to assign such rights to CLSIP LLC as a contribution to the capital of CLSIP LLC contemporaneously herewith, pursuant to a separate Intellectual Property Assignment Agreement entered into by and between Holdings and CLSIP LLC (the “ CLSIP Agreement ”).

NOW, THEREFORE, in consideration of the mutual covenants and undertakings contained in this Agreement, and for good and valuable consideration, the receipt and adequacy of which is acknowledged, the Parties agree as follows:

1. Definitions . In this Agreement the following capitalized terms shall have the meanings specified in this Section 1 .

1.1 “ Business ” shall mean the specialty retail business operated under the CLAIRE’S and ICING trademarks for young women, teenagers, “tweens” and children, as such is operated today and may be operated in the future.

1.2 “ Business IP ” shall mean all Intellectual Property Rights other than the Claire’s Marks, Icing Marks, Domain Names and Mobile Application Agreement that are used or held for use by the CBI Parties in connection with the operation of the Business.

1.3 “ CBI Claire’s Marks ” shall mean an undivided 82.5% retained ownership interest in and to the US Claire’s Marks and all (i.e., 100%) right, title and interest in and to the Non-US Claire’s Marks.

1.4 “ CBI Parties ” shall mean CBI and its affiliates, and their successors, assigns or designees; in each case, specifically excluding Holdings and CLSIP LLC.

1.5 “ Claire’s Marks ” shall mean the US Claire’s Marks and the Non-US Claire’s Marks.

1.6 “ Claire’s Parties ” shall mean Claire’s Stores, CBI, BMS Distributing Corp., Claire’s Boutiques, Inc., Claire’s Puerto Rico Corp., Claire’s Stores Canada Corp., and CSI Canada LLC, and their successors, assigns or designees.

1.7 “ Domain Name ” shall mean the Internet domain names listed on Exhibit A .

1.8 “ Icing Marks ” shall mean the US Icing Marks and the Non-US Icing Marks.

1.9 “ Intellectual Property Rights ” shall mean any patent, trademark, service mark, tagline, trade dress, copyright, design, trade name, business name, domain name, any registration or application for registration for any of the foregoing, any related rights and any associated goodwill, database right, rights in inventions, know-how, trade secret, rights in confidential information, rights of publicity, moral rights, or any similar or equivalent rights in any part of the world, including the right to enforce and recover damages for the infringement or misappropriation of any of the foregoing, and all copies and tangible embodiments of the foregoing.

1.10 “ IP Assets ” shall mean the Holdings US Claire’s Marks (as defined in Section 2.1 below), US Icing Marks, Domain Names, and Mobile Application Agreement that in each case Holdings shall own after the execution of this Agreement by both Parties.

1.11 “ Mobile Application Agreement ” shall mean the Customer Agreement between CBI and PredictSpring, Inc., dated April 6, 2015, attached as Exhibit B , pursuant to which PredictSpring, Inc. licenses to CBI the mobile application marketed under the CLAIRE’S Marks and used in connection with the Business.

1.12 “ Non-US Claire’s Marks ” shall mean all marks covered by the registrations and applications for registration for the CLAIRE’S trademark or any variation of the CLAIRE’S trademark (including, but not limited, to any marks that include the word CLAIRE’S with other words), and all common law rights in the same and the associated goodwill, anywhere in the world outside of the United States, including any new variations of these marks that may be later adopted by the CBI Parties and used or registered outside of the United States, it being understood that the foregoing may relate to the same trademarks that are the subject of the federal registrations or applications for federal registration listed on Exhibit A and that are considered US Claire’s Marks.

1.13 “ Non-US Icing Marks ” shall mean all marks covered by the registrations and applications for registration for the ICING trademark or any variation of the ICING trademark, including any common law rights in the same and the associated goodwill, anywhere in the world outside of the United States, including any new variations of these marks that may be later adopted by the CBI Parties and used or registered outside of the United States, it being understood that the foregoing may relate to the same trademarks that are the subject of the federal registrations listed on Exhibit A and that are considered US Icing Marks.

1.14 “ Retained IP ” shall mean the CBI Claire’s Marks, the Non-US Icing Marks, and the Business IP.

1.15 “ US Claire’s Marks ” shall mean the CLAIRE’S marks covered by the United States federal registrations listed on Exhibit A , any existing variation of these marks as used in the United States, all common law rights in the United States to same, and the associated goodwill, and any new variations of these marks that may be later adopted by the Claire’s Parties and used or registered in the United States.

1.16 “ US Icing Marks ” shall mean the ICING marks covered by the United States federal registrations listed on Exhibit A, any existing variation of these marks as used in the United States and all common law rights in the United States to same, and the associated goodwill, and any new variations of these marks that may be later adopted by the Parties or any other Claire’s Party and used or registered in the United States during the Term; provided, however, that none of the foregoing includes the US Claire’s Marks or the Non-US Icing Marks.

2. Assignment and Assumption .

2.1 CBI sells, transfers, conveys and assigns to Holdings, free and clear of all claims, liens, and encumbrances, an undivided 17.5% ownership interest in and to the US Claire’s Marks (the “ Holdings US Claire’s Marks ”), including without limitation a corresponding, proportional and joint interest in: (i) the goodwill associated with the business symbolized by the US Claire’s Marks and (ii) any rights and claims (whether known or unknown, contingent or accrued) against third parties resulting from, arising out of, or otherwise with respect to any of the US Claire’s Marks.

2.2 CBI sells, transfers, conveys and assigns to Holdings, free and clear of all claims, liens, and encumbrances, any and all of CBI’s right, title, and interest in and to the US Icing Marks, including without limitation all goodwill associated with the business symbolized by the US Icing Marks and all rights and claims (whether known or unknown, contingent or accrued) against third parties resulting from, arising out of, or otherwise with respect to any of the US Icing Marks.

2.3 CBI sells, transfers, conveys and assigns to Holdings, free and clear of all claims, liens, and encumbrances, any and all of CBI’s right, title, and interest in and to the Domain Names, and all rights and claims (whether known or unknown, contingent or accrued) against third parties resulting from, arising out of, or otherwise with respect to any of the Domain Names.

2.4 CBI sells, transfers, conveys and assigns to Holdings, free and clear of all claims, liens, and encumbrances, any and all of CBI’s right, title and interest in and to the Mobile Application Agreement, and Holdings hereby accepts such assignment and assumes all of CBI’s duties and obligations under the Mobile Application Agreement, and Holdings shall pay, perform and discharge, as and when due, all of the obligations of CBI under the Mobile Application Agreement accruing on and after the Effective Date.

2.5 For the sake of clarity, no right, title, and interest in and to the Retained IP is being sold, transferred, conveyed or assigned to Holdings pursuant to this Agreement. As between the Parties, all right, title and interest in and to the Retained IP shall be exclusively owned by the CBI.

3. Additional Undertakings .

3.1 US Claire’s Marks .

3.1.1 CBI shall not challenge, or assist any third party to challenge, Holdings’ ownership of the Holdings US Claire’s Marks assigned pursuant to this Agreement.

3.1.2 Each Party acknowledges that the US Claire’s Marks are owned jointly by the Parties, with Holdings owning an undivided 17.5% ownership interest in and to the US Claire’s Marks, and CBI owning an undivided 82.5% ownership interest in and to the US Claire’s Marks. Neither Party shall challenge, nor assist any third party to challenge, (i) the other Party’s ownership interest in the jointly owned US Claire’s Marks, (ii) the validity of the jointly owned US Claire’s Marks, or (iii) the jointly owned United States federal registrations or applications for federal registration for the US Claire’s Marks, whether in existence as of the Effective Date or thereafter. Further, each Party, as joint owners of the US Claire’s Marks, shall work in good faith and cooperate to take commercially reasonable measures with respect to such joint ownership.

3.2 US Icing Marks .

3.2.1 CBI shall not challenge, or assist any third party to challenge, Holdings’ exclusive ownership of the US Icing Marks, the validity of US Icing Marks, or the United States federal registrations or applications for federal registration for the US Icing Marks, whether in existence as of the Effective Date or thereafter.

3.2.2 CBI shall assign, transfer and convey to Holdings any rights in the US Icing Marks that it may obtain or that may vest in CBI after the Effective Date, and CBI shall execute any documents reasonably requested by Holdings to accomplish, confirm or record such assignment, transfer and conveyance.

3.2.3 CBI shall not directly or indirectly seek to register the US Icing Marks or any mark or other designation confusingly similar to the US Icing Marks in the United States, or use the US Icing Marks or any mark or other designation confusingly similar to the US Icing Marks in the United States in any manner, except with Holdings’ approval. For the sake of clarity, the CBI Parties may freely seek additional registrations for the Non-US Icing Marks outside of the United States and may use the Non-US Icing Marks outside of the United States in their sole discretion.

3.2.4 Notwithstanding Holdings’ right, title and interest in and to the US Icing Marks, Holdings shall not directly or indirectly seek to use or register the Icing Marks or any designation confusingly similar to the Icing Marks outside the United States without CBI’s prior written consent.

3.3 Domain Names .

3.3.1 CBI shall not challenge, or assist any third party to challenge, Holdings’ exclusive ownership of the Domain Names, or the validity of the registrations for the Domain Names assigned pursuant to this Agreement.

3.4 Mobile Application Agreement .

3.4.1 CBI shall not challenge, or assist any third party to challenge, Holdings’ rights as CBI’s assignee under the Mobile Application Agreement.

3.4.2 Holdings shall assume all of CBI’s duties and obligations under the Mobile Application Agreement, and unless otherwise agreed to by the Parties in writing, Holdings shall pay, perform and discharge, as and when due, all of the obligations of CBI under the Mobile Application Agreement accruing on and after the Effective Date.

3.5.1 Holdings shall not challenge, or assist any third party to challenge, the CBI Parties’ exclusive ownership of or right to use the Retained IP, any common law or similar rights in and to the Retained IP, or the validity of any registrations or applications for registration for the Retained IP. As between the Parties, all right, title and interest in and to the Business IP belongs to CBI, and any use Holdings makes of the Business IP will not confer any ownership rights upon Holdings. Any goodwill generated by Holdings’ use of the Business IP shall inure to the sole benefit of CBI. Holdings shall assign, transfer and convey to CBI (or another CBI Party at CBI’s direction) any rights in the Business IP that Holdings may obtain or that may vest in Holdings, and Holdings shall execute any documents reasonably requested by CBI to accomplish, confirm or record such assignment, transfer and conveyance.

3.5.2 All right, title and interest in and to the Non-US Claire’s Marks belongs to the CBI Parties, and any use the CBI Parties make of the Non-US Claire’s Marks outside of the United States will not confer any ownership rights upon Holdings. Any goodwill generated by a CBI Party’s use of the Non-US Claire’s Marks shall inure to the sole benefit of such CBI Party. For the sake of clarity, and notwithstanding Holdings’ right, title and interest in and to the Holdings US Claire’s Marks, (a) Holdings acknowledges that it does not own any right, title or interest in and to the Non-US Claire’s Marks, which right, title and interest are wholly owned by the CBI Parties; (b) Holdings shall assign, transfer and convey to CBI (or another CBI Party at CBI’s direction) any rights in the Non-US Claire’s Marks which may be obtained by or may vest in Holdings; and (c) Holdings shall execute any documents reasonably requested by CBI to accomplish, confirm or record such assignment, transfer and conveyance.

3.5.3 All right, title and interest in and to the Non-US Icing Marks belongs to the CBI Parties, and any use the CBI Parties make of the Non-US Icing Marks outside of the United States will not confer any ownership rights upon Holdings. Any goodwill generated by a CBI Party’s use of the Non-US Icing Marks shall inure to the sole benefit of such CBI Party. For the sake of clarity, and notwithstanding Holdings’ right, title and interest in and to the US Icing Marks, (a) Holdings acknowledges that it does not own any right, title or interest in and to the Non-US Icing Marks, which right, title and interest are wholly owned by the CBI Parties; (b) Holdings shall assign, transfer and convey to CBI (or another CBI Party at CBI’s direction) any rights in the Non-US Icing Marks which may be obtained by or may vest in Holdings; and (c) Holdings shall execute any documents reasonably requested by CBI to accomplish, confirm or record such assignment, transfer and conveyance.

3.6 Ancillary Agreements .

3.6.1 CBI shall, contemporaneously with the execution of this Agreement, execute the Confirmatory Claire’s Trademark Assignment Agreement that is attached as Exhibit C and record the executed document with the United States Patent and Trademark Office in an effort to have record title for the United States federal registrations for the US Claire’s Marks listed on Exhibit A updated to reflect the joint ownership of the Parties.

3.6.2 CBI shall, contemporaneously with the execution of this Agreement, execute the Confirmatory Icing Trademark Assignment Agreement that is attached as Exhibit D and record the executed document with the United States Patent and Trademark Office in an effort to have record title for the United States federal registrations for the US Icing Marks listed on Exhibit A updated to reflect Holdings’ ownership.

3.6.3 CBI shall, contemporaneously with the execution of this Agreement, execute the Confirmatory Domain Name Assignment Agreement that is attached as Exhibit E , and shall perform any additional actions reasonably requested by Holdings to effect the transfer of the Domain Names to Holdings, including without limitation arranging for the Domain Names to be unlocked by CBI’s registrar (or registrars) in preparation for their transfer to Holdings, and providing Holdings with the authorization codes that Holdings may need to initiate the transfer of the Domain Names to Holdings.

3.7 Further Assurances .

3.7.1 Each Party shall promptly execute, acknowledge and deliver, at the reasonable request of the other Party, such additional documents, instruments, conveyances and assurances and take such further actions as such other Party may reasonably request to carry out the provisions of this Agreement and to give effect to the transactions contemplated by this Agreement.

4. Representations and Warranties .

4.1 Claire’s Stores and CBI, jointly and severally, represent and warrant to Holdings and to CLSIP LLC, which is an intended third-party beneficiary of this provision, that (a) immediately prior to the execution of this Agreement, CBI was the exclusive owner of all right, title, and interest in and to the IP Assets, and CBI’s exclusive rights in and to the IP Assets were not subject to any dispute or challenge initiated by another person; (b) each of the assignment of the IP Assets from CBI to Holdings as an equity contribution, and the subsequent assignment of the IP Assets from Holdings to CLSIP LLC as an equity contribution pursuant to the CLSIP Agreement, is for reasonably equivalent value, and is made for fair consideration and in good faith; (c) each of this Agreement and the CLSIP Agreement, including without limitation the assignment of the IP Assets to Holdings and the subsequent assignment of the IP Assets from Holdings to CLSIP LLC, is valid and enforceable in accordance with its terms, including under federal trademark law and other applicable law, and neither Claire’s Stores nor CBI shall challenge the validity or enforceability of this Agreement or the CLSIP Agreement; (d) the provisions of this Agreement, including without limitation the assignment of the IP Assets to Holdings, and the provisions of the CLSIP Agreement, including without limitation the assignment of the IP Assets to CLSIP, are not and were not intended to hinder, delay, or defraud any creditor; (e) Holdings will take the assignment of the IP Assets for fair value and in good faith; and (f) CLSIP will take the assignment of the IP Assets for fair value and in good faith.

4.2 Holdings represents and warrants to the CBI Parties that (a) Holdings will not contest that this Agreement, including without limitation the covenants and undertakings in this Agreement, is valid and enforceable in accordance with its terms, including under federal trademark law and other applicable law; and (b) the provisions of this Agreement, including without limitation the assignment of the IP Assets to Holdings, are not and were not intended to hinder, delay, or defraud any creditor.

4.3 Each party represents and warrants to the other party that: (a) it is duly authorized and licensed to do business and carry out its obligations under this Agreement; (b) it has full power and authority to enter into this Agreement and the execution, delivery and performance of this Agreement has been authorized by all necessary corporate action; and (c) it has obtained all third party consents required to enter into this Agreement and neither the execution, delivery or performance of this Agreement will conflict with or constitute a breach of its certificate of incorporation, charter or by-laws.

5. Disclaimer of Warranties . Except as set forth in Section 4, CBI assigns the IP Assets to Holdings “as is,” and Claire’s Stores and CBI make no warranties of any kind, express or implied, in relation to the IP Assets assigned pursuant to this Agreement. Without limiting the foregoing, Claire’s Stores and CBI expressly disclaim any and all implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

6. Notices . All notices given pursuant to this Agreement shall be in writing and (a) delivered personally; (b) delivered or mailed by registered or certified mail, postage prepaid; or (c) sent by a nationally recognized overnight delivery or courier service, with delivery charges prepaid, and proof of delivery or receipt requested, as follows:

To CBI or Claire’s Stores:

CBI Distributing Corp.

2400 West Central Road

Hoffman Estates, IL 60192

Attn: Stephen Sernett

CLSIP Holdings LLC

2400 West Central Road

Hoffman Estates, IL 60192

Attn: Stephen Sernett

All notices as required here shall be effective upon the earlier of (a) delivery; (b) three days after the mailing; or (c) the next business day if sent by overnight courier.

7. Third Party Beneficiaries . CLSIP LLC is an intended third-party beneficiary of the representations and warranties contained in Section 4.1 of this Agreement. Claire’s Stores and CBI each agree and acknowledge that CLSIP LLC will pledge this Agreement and the CLSIP Agreement, including the representations and warranties contained in Section 4.1 of this Agreement, as collateral to secure the obligations under the CLSIP Credit Agreement of even date herewith.

8. Choice of Law; Choice of Forum . This Agreement, and any dispute arising from this Agreement or the subject matter of this Agreement, shall be governed by the laws of the State of New York, without regard to its conflicts of law principles, and the federal and state courts in the State of New York shall be the sole jurisdiction for resolving all disputes relating to this Agreement. The Parties submit to the jurisdiction of such courts over such a dispute and waive any objection to the propriety or convenience of venue in such courts.

9. No Construction . The Parties have participated jointly in the negotiation and drafting of this Agreement, and in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties, and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any provisions of this Agreement.

10. Amendment . This Agreement may only be amended, supplemented or modified, and any of the terms, covenants, representations, warranties or conditions may only be waived, by a written amendment executed by both Parties, or in the case of a waiver, by the Party waiving compliance. Notwithstanding the immediately preceding sentence, this Agreement may not be amended, supplemented or modified, and none of the terms, covenants, representations, warranties or conditions may be waived until after the discharge of all obligations under the CLSIP Credit Agreement of even date herewith, absent the prior written consent of the collateral agent under the CLSIP Credit Agreement. No waiver by either Party of any breach of this Agreement shall be deemed to be a waiver of any preceding or succeeding breach of the same or any other provision of this Agreement.

11. Severability . If any provision of this Agreement or the application of any such provision to any person, entity or circumstance is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement or the application of such provision to any other persons, entities or circumstances and, to the extent permissible under applicable law, any such invalid, illegal or unenforceable provision shall be deemed amended lawfully to conform with the intent of the Parties.

12. Integration . This Agreement, including the Confirmatory Claire’s Trademark Assignment Agreement attached as Exhibit C , Confirmatory Icing Trademark Assignment Agreement attached as Exhibit D , and Confirmatory Domain Name Assignment Agreement attached as Exhibit E , constitutes the entire agreement between the Parties with respect to its subject matter, and supersedes all prior and/or contemporaneous oral or written negotiations, offers, representations, warranties, and agreements with respect to this subject matter.

13. Counterparts . This Agreement may be executed in one or more counterparts, each of which when executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute one and the same instrument. This Agreement shall become binding when one or more counterparts taken together shall have been shown to have been executed by each Party and delivered to the other.

[Signature Page Follows]

IN WITNESS WHEREOF, the Parties have executed this Agreement effective as of the Effective Date.

/s/ Stephen Sernett

/s/ Stephen Sernett

Title: Vice President and

Associate General Counsel

Title: Vice President, Secretary

and General Counsel

Date: September 20, 2016

Date: September 20, 2016

ACKNOWLEDGED AND AGREED by Claire’s Stores, Inc. solely as to limited representations and warranties that it is giving in Section 4.1 and the disclaimer in Section 5:

/s/ Stephen Sernett

Title: Vice President and

Associate General Counsel

Date: September 20, 2016

US Claire’s Marks 1

United States of America . IT’S AT CLAIRE’S Registered 77/883682 01-Dec-2009 3817929 13-Jul-2010 35 Int. Retail store services featuring jewelry, clothing, cosmetics, toiletries, hair goods and accessories, namely, hand bags, shoes, hats, belts, wallets, eyeglass cases, key chains, jewelry boxes, desk accessories, cell phone accessories, pet accessories United States of America CLAIRE’S Registered 78/975449 04-Nov-2003 2908859 07-Dec-2004 16 Int. Stationary, notebooks, address books, diaries, temporary tattoos, photo albums. United States of America CLAIRE’S Registered 78/975445 31-Jul-2002 2951866 17-May-2005 03 Int. Cosmetics, namely lip gloss wands, lipstick, hair dyes, blush, antiperspirants, perfume balm, powder having reflective qualities for topical application to the skin or hair for cosmetic purposes, bath and body gels, bath and body lotions, nail polish, hair lotions. United States of America CLAIRE’S Registered 74/517854 28-Apr-1994 1925359 10-Oct-1995 14 Int. Jewelry, namely earrings, necklaces, rings, bracelets, ornamental pins, and hair ornaments. United States of America CLAIRE’S Registered 74/517853 28-Apr-1994 1890335 18-Apr-1995 42 Int. Retail store services featuring ladies’ clothing accessories and jewelry. United States of America CLAIRE’S Registered 78/975454 31-Jul-2002 2925470 08-Feb-2005 25 Int. Clothing, namely socks, hats, gloves, shirts. United States of America CLAIRE’S Registered 78/975452 31-Jul-2002 2967212 12-Jul-2005 20 Int. Containers made primarily of plastic for holding trinkets and coins. United States of America CLAIRE’S Registered 74/518090 28-Apr-1994 1929317 24-Oct-1995 05 Int. Ear drops for application on pierced ears. United States of America CLAIRE’S Registered 78/975382 01-Jul-2003 2974652 19-Jul- 2005 35 Int. Issuing gift certificates which may be redeemed for goods. United States of America CLAIRE’S Registered 78/589527 17-Mar-2005 3319826 23-Oct-2007 03 Int. Personal care items, namely, razors, razor blades, shaving creams and foams, depilatories, fragrance, toothpaste, tooth brushes, dental floss, tooth whitener, mouthwash, breath fresheners, and make-up remover cleansers. United States of America CLAIRE’S Registered 78/149317 31-Jul-2002 3190839 02-Jan-2007 35 Int. retail store services dealing in notions, cosmetics, jewelry, stationery products, hair goods, clothing accessories and the like primarily for women and girls United States of America CLAIRE’S Registered 78/975446 31-Jul-2002 2908857 07-Dec-2004 09 Int. Cell phone holders. United States of America CLAIRE’S Registered 78/975448 31-Jul-2002 2996103 13-Sep-2005 14 Int. jewelry, belly chains, bracelets, toe rings, body clips, ear cuffs, earring holders.

Registered 74/586876 18-Oct-1994 1946557 09-Jan-1996 42 Int. Retail store services featuring ladies clothing accessories and jewelry. United States of America CLAIRE’S ACCESSORIES & CIRCLE A Design Registered 75/331385 28-Jul-1997 2294937 30-Nov-1999 35 Int. Retail store services dealing with men’s and women’s jewelry, wallets, key chains, sunglasses, removable tattoos, hats, notions, clothing including women’s clothing, perfumes, hair goods and handkerchiefs. United States of America CLAIRE’S BOUTIQUES & Design Registered 73/653581 06-Apr-1987 1514045 22-Nov-1988 42 Int. Retail store services for the sale of lady accessories. United States of America CLAIRE’S CLUB Registered 78/975466 09-Oct-2002 2908866 07-Dec-2004 18 Int. Bags, namely, backpacks, tote bags and wallets. United States of America CLAIRE’S CLUB Registered 78/975462 09-Oct-2002 2908863 07-Dec-2004 09 Int. Sunglasses; telephones. United States of America CLAIRE’S CLUB Registered 78/975461 09-Oct-2002 2908862 07-Dec-2004 03 Int. Cosmetics. United States of America CLAIRE’S CLUB Registered 78/172438 09-Oct-2002 2908191 07-Dec-2004 26 Int. hair goods, namely, clips, hair bows, ponytail twisters, hair bands, hair claws, snap clips, snap tops, salon clips, bobby pins; artificial flower bridal bouquets United States of America CLAIRE’S CLUB Registered 78/554003 26-Jan-2005 3343775 27-Nov-2007 35 Int. Retail services featuring notions, cosmetics, jewelry, hair care products, hair goods, clothing and accessories, toiletry products, jewelry, stationery products, automobile accessories, removable tattoos, pillows, pillow cases, cell phone holders, furniture accessories, inflatable furniture, incense, incense holders, incense sticks and cones, candles, containers for trinkets and coins, toys, bags, wallets, key chains, sunglasses, stockings, personal care items United States of America CLAIRE’S CLUB Registered 78/975464 09-Oct-2002 2908865 07-Dec-2004 14 Int. Tiaras, jewelry, earrings, necklaces, bracelets, and bracelets, necklaces and earrings sold in combination.

Registered 74/646373 13-Mar-1995 1951435 23-Jan-1996 14 Int. Jewelry. United States of America ICING BY CLAIRE’S Registered 78/618255 04-Apr-2005 3050863 01-Jan-2006 35 Int. Retail store services dealing in women’s clothing and accessories

03 Int. Cosmetics, namely, nail polish, lip color, lip gloss, foundation, blush, eyeliner, cosmetic pencils, eye shadow, mascara, face powders, bronzers; fragrances, all sold exclusively in Icing by Claire’s stores

09 Int. Sunglasses; cellular phone cases.

14 Int. Jewelry, namely, earrings; necklaces; bracelets; rings; ornamental pins; watches; charms; jewelry cases.

18 Int. for Clutch purses; cosmetic cases sold empty; handbags, key cases; purses; shoulder bags; coin purses; leather key chains; imitation leather key chains; wallets.

20 Int. Picture frames; non-metal and non-leather key-chains

25 Int. Clothing, namely socks, hats, gloves, shirts; footwear; head scarves

26 Int. Hair accessories, namely, barrettes, hair bows, hair ornaments, hair ornaments in the nature of hair wraps, hair pins, hair clips

35 Int. Retail store services featuring jewelry, women’s clothing, purses, accessories, footwear, cosmetics, picture frames

03 Int. Soap; bath lotions; cleaning preparations, excluding hair care preparations; shoe cream; leather cleaning preparations; emery paper; pumice stones for personal use; perfumery; cosmetics; cosmetics kits and makeup kits comprised of lipstick, lip gloss, lip liner, eye shadow, makeup palettes, eyeliner, blush, face powder and foundations; makeup; non-medicated toiletries; perfumes; lipstick; lip gloss; nail polish; rouge; depilatories; shaving preparations; make-up removal preparations; antiperspirants; incense; air fragrancing preparations; powder having reflective qualities for topical application to the skin or hair for cosmetic purposes; nail stickers

09 Int. Sunglasses; telephones; compact discs and optical discs featuring music and music videos; cell phone straps; telephone covers not made of paper; cell phone holders; DVDs featuring music and music videos.

14 Int. Jewelry, rings, necklaces, bracelets, earrings, tiaras, belly chains, toe rings, body clips, ear cuffs, earring holders, ornamental pins; jewelry brooches.

16 Int. Instructional books relating to hairstyling, personal accessories, fashions and clothing fashions.

18 Int. Handbags; purses; wallets; backpacks; school bags; reusable shopping bags; umbrellas; key cases; vanity cases, not fitted.

21 Int. Hair brushes; combs; large tooth hair combs; mugs, not of precious metal; drinking

glasses; beverage glassware for daily use, including cups as well as plates, pots and glass jars; sponges for household purposes; candlesticks; cosmetic brushes; applicator sticks for applying make-up; wands for applying lip gloss; china ornaments; baskets for domestic use, not of metal; water bottles sold empty; pottery, namely, mugs and bowls; candle holders; incense holders in the nature of incense burners.

25 Int. Clothing, namely, shirts, pants, coats, dresses and pajamas; bathing suits; rainwear; gymnastic shoes; footwear, headwear; stockings; gloves; scarves; belts; sashes.

26 Int. Hair ornaments, brooches for clothing, belt buckles, buttons, hair curlers, other than hand implements, lace and embroidery, ribbons, barrettes, hair bows, hair pins, claw clips, hair ornaments in the nature of hair wraps.

28 Int. Toy animals; board games; dolls; plush toys.

35 Int. Retail store services featuring jewelry, notions, cosmetics, hair accessories, clothing accessories and stationery products.

United States of America THE ICING Registered 73/642264 20-Feb-1987 1466727 24-Nov-1987 42 Int. Retail clothing and clothing accessory store services. United States of America THE ICING Registered 77/329699 14-Nov-2007 3461876 08-Jul-2008 35 Int. Retail store services featuring clothing, accessories and jewelry. United States of America THE ICING ACCESSORIES & Design Registered 75/201596 21-Nov-1996 2234841 23-Mar-1999 35 Int. Retail store services featuring jewelry, women’s clothing and accessories.

Mobile Application Agreement

Contact: Brian Thompson

Address: 2400 W. Central Rd.

Hoffman Estates, IL 60192

Contact: Nitin Mangtani

Address: 447 Rinconada Court

Los Altos, CA 94022

• For up to 100,000 app installs across Android and iPhone smart phones, if Customer opts to pay on a monthly basis the fee is $5,000 per month (the “Monthly Payment Option”), and if Customer opts to pay as a one-time upfront payment the total annual fee will be reduced to $50,000 (the “One Time Payment Option”).

• For the Monthly Payment Option, payment is $5000 per month, invoiced for each month on the 7 th day of that month.

• For the One Time Payment Option, payment is $50,000 invoiced upon full execution of this Agreement.

• Customer’s Selected Option (Customer to check one of the following):

¨ Monthly Payment Option

x One Time Payment Option

• After the Initial Term (as defined below) Customer’s selected billing/payment option shall always default to the Monthly Payment Option unless or until Customer provides written notice selecting the One Time Payment Option, and at that point the payment of $50,000 will be invoiced for the twelve (12) months beginning on the first day of the calendar month immediately following PredictSpring’s receipt of Customer’s notice.

• One (1) year from the Effective Date (“Initial Term”), with cancellation any time after the Initial Term by either party with at least thirty (30) days prior written notice to the other party.

This Customer Agreement (“Agreement”) is entered into by and between PredictSpring, Inc. (“PredictSpring”) and the Customer listed above (“Customer”). This Agreement and the Terms and Conditions attached hereto set forth the entire understanding of the parties with respect to the subject matter described herein and constitutes the entire agreement between the parties, which shall be effective as of 416, 2015 (“Effective Date”). There shall be no force or effect to any different terms of any related purchase order or similar form even if signed by the parties after the date hereof.

By: /s/ Brian Thompson

By: /s/ Nitin Mangtani

Name: Brian Thompson Name: Nitin Mangtani Title: Group Director Digital Title: CEO

T ERMS AND C ONDITIONS

1.1 Subject to the terms and conditions of this Agreement, PredictSpring will provide Customer with access to its mobile commerce platform that provides (1) mobile application development and publishing services (the “Development Services”) for Customer to build native iOS and Android applications (“Applications”) and (2) hosting and support services for Application deployment described in Exhibit B (the “Subscription Services”) (the Development Services together with the Platform (defined below) and Subscription Services, the “Service(s)”). PredictSpring’s mobile commerce platform described in this section shall be referred to as the “Platform.”

1.2 Customer will cooperate with PredictSpring in connection with the performance of this Agreement by making available such personnel and information as may be reasonably required by PredictSpring in providing the Services. Each party understands that the other party’s performance is dependent in part on its actions. Accordingly, each party will timely provide the other party with necessary items and assistance in connection with performance required under this Agreement. PredictSpring shall determine the time, place, methods, details and means of performing the Services, provided no such decision will relieve PredictSpring in any way of its obligation to perform Services in accordance with this Agreement. Customer will also cooperate with PredictSpring in establishing a password or other procedures for verifying that only designated employees of Customer have access to any administrative functions of the Services. Customer will be responsible for maintaining the security of Customer’s account with PredictSpring, passwords (including administrative and user passwords) and files, and for all uses of Customer’s account, in accordance with Customer’s standard practices in use for its own security related responsibilities outside of this Agreement. Customer shall not share with any third party any such account or password without the prior written consent of PredictSpring.

Service Level Agreement . PredictSpring will use commercially reasonable efforts to make the Subscription Services available in accordance with the Service Level Agreement attached hereto as Exhibit A . Customer’s remedies for failure to meet the SLA are set forth in Exhibit A.

2.1 Customer hereby authorizes and grants PredictSpring a right and license to, according to Customer’s specific instructions, (i) submit its Application on Customer’s behalf to the applicable third party platform (“3 rd Party Platform”), (ii) upgrade or update its Platform resource files, to the extent such upgrade or update is applicable and/or required or as otherwise permitted by this Agreement (such upgrades or updates to be referred to as the “Upgrades”), and (iii) remove an Application from the 3 rd Party Platform. Customer acknowledges and agrees that PredictSpring cannot guarantee the acceptance of an Application by any 3 rd Party Platform. Customer is responsible for complying with all applicable terms of use, standards or guidelines of all applicable 3 rd Party

Platforms (“Platform Guidelines”). Notwithstanding anything otherwise written, all Upgrades will be provided at no additional charge to Customer.

2.2 Customer may not knowingly provide to any person or export or re-export or allow the export or re-export of the Services or anything related thereto or any direct product thereof in violation of any applicable laws or regulations. Customer’s use of the Services and all Customer Content (as defined below) will comply with all

applicable laws and regulations. PredictSpring will have no responsibility and will not be liable for Customer or its end users’ use of the Services in violation of the foregoing. Customer is and will be at all times responsible for all distribution channels and other methods of offering Applications to end users. PredictSpring will not publish any Application which violates any applicable law or Platform Guideline.

3. Confidentiality; Restrictions. Each party (the “Receiving Party”) understands that the other party (the “Disclosing Party”) has disclosed or may disclose business, technical or financial information relating to the Disclosing Party’s business (hereinafter referred to as “Proprietary Information” of the Disclosing Party). The Receiving Party agrees: (i) to take reasonable precautions to protect such Proprietary Information, and (ii) not to use (except as expressly permitted herein) or divulge to any third person any such Proprietary Information. The Disclosing Party agrees that the foregoing shall not apply with respect to any information after two (2) years (except that in the case of trade secrets, the confidentiality obligations will continue until such information is no longer considered a trade secret) following the disclosure thereof or any information that the Receiving Party can document (a) is or becomes generally available to the public, or (b) was in its possession or known by it prior to receipt from the Disclosing Party, or (c) was rightfully disclosed to it without restriction by a third party, or (d) was independently developed without use of any Proprietary Information of the Disclosing Party or (e) is required by law. Further, except as expressly authorized by PredictSpring, Customer will not, and will not permit any third party to reverse engineer or otherwise attempt to discover the source code or underlying structure or algorithms of the Services, including the Applications (except to the extent such restrictions are contrary to applicable law), modify or create derivative works based on the Services, or otherwise use the Services outside of the scope permitted under this Agreement.

4. Intellectual Property Rights .

4.1 PredictSpring owns and will retain all right, title and interest in and to the Services, including PredictSpring’s Platform, mobile workbench, and Applications. No rights are granted to the Customer hereunder other than as expressly set forth herein. As between the parties, Customer Content (as defined below) will be owned by Customer. Customer will be solely responsible for the accuracy, quality, integrity and legality of Customer Content. Customer hereby grants to PredictSpring a limited, non-exclusive, worldwide license to use, reproduce, create derivative works of, distribute, publicly perform and display Customer Content solely to provide the Services to Customer. “Customer Content” means any information, data, graphics, content and other materials provided or made available to PredictSpring by Customer or Customer’s end users in the course of receiving or using Services.

4.2 PredictSpring shall have the right to collect and analyze data and other information relating to the use and performance of various aspects of the Services and related systems and technologies and PredictSpring will be free to (i) use such information and data (during and after the term hereof) to improve and enhance the Services and for other development, diagnostic and corrective purposes in connection with the Services and other PredictSpring offerings, and (ii) use and disclose such data in aggregate or other anonymous and de-identified form for marketing purposes and otherwise in connection with its business. Further, if you provide PredictSpring any feedback, ideas, concepts or suggestions about PredictSpring’s Services, business, technology or Confidential

Information (“Feedback”), you grant PredictSpring, without charge, the fully paid-up, irrevocable right and license to use, share, commercialize and otherwise fully exercise and exploit your Feedback and all related rights (and to allow others to do so) in any way and for any purpose. These rights survive termination of this Agreement in perpetuity.

5. Payment of Fees. Customer will pay PredictSpring the Fees set forth in this Agreement. Payment will be due within thirty (30) days of Customer’s receipt of a valid invoice. Unpaid Fees are subject to a finance charge of one percent (1.0%) per month, or the maximum permitted by law, whichever is lower, if such unpaid Fees remain open at least fifteen (15) days after PredictSpring’s express written notice to Customer regarding such unpaid fees. Further, if Customer has not paid any unpaid Fees within fifteen (15) days of PredictSpring’s express written notice, PredictSpring may restrict or suspend Customer’s access to the Services until the time Customer’s payment for unpaid Fees is received. Customer is solely responsible for collecting and paying any fees associated with transactions between Customer’s end users and Customer.

6. Termination . Either party may terminate this Agreement upon written notice to the other party if the other party materially breaches this Agreement and does not cure such breach within thirty (30) days after receiving written notice of such breach. Either party may terminate this Agreement, upon written notice, (i) upon the institution by or against the other party of insolvency, receivership or bankruptcy proceedings, (ii) upon the other party’s making an assignment for the benefit of creditors, or (iii) upon the other party’s dissolution or ceasing to do business. Termination or expiration of this Agreement shall not affect any rights or obligations of the parties, including the payment of amounts due, which have accrued up to the date of such termination or expiration. All fees are non- refundable except as expressly stated herein. Upon termination or expiration of this Agreement, the provisions of Sections 4, 4, 6, 8, 9, and 10 shall survive and shall continue in full force and effect in accordance with their terms. Notwithstanding any other provision of this Agreement, if Monthly Uptime Percentage (as defined in Exhibit A) for any month of this Agreement is lower than 95% percent (95%), that qualifies as a material breach hereunder, and if such breach leads to Customer’s termination of this Agreement in accordance with this Section 6, PredictSpring will refund any amount paid by Customer covering any time after such termination date.

7.1 Each party represents and warrants that: (a) any and all activities it undertakes in connection with this Agreement shall be performed in compliance with all applicable laws and regulations, including, without limitation, data privacy laws and regulations; and (b) their materials provided or included as part of the Services does not infringe any third party intellectual property right

7.2 PREDICTSPRING MAKES NO EXPRESS OR IMPLIED WARRANTIES OF ANY KIND INCLUDING, WITHOUT LIMITATION, WARRANTIES OF TITLE OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO THE SERVICES. EXCEPT AS OTHERWISE STATED IN THIS AGREEMENT PREDICTSPRING DOES NOT WARRANT THAT THE SERVICES WILL MEET CUSTOMER’S REQUIREMENTS OR THAT PERFORMANCE OF THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE INCLUDING ANY ERRORS OR OMISSIONS IN THE SEARCH RESULTS OBTAINED THROUGH USE OF THE SERVICES.

8. Limitation of Liability . EXCEPT FOR BREACH OF SECTIONS 3 (CONFIDENTIALITY) OR 4.1 (INTELLECTUAL PROPERTY RIGHTS), IN NO EVENT WILL EITHER PARTY BE LIABLE FOR (A) ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF THIS AGREEMENT OR THE DELAY OR INABILITY TO USE THE SERVICES (INCLUDING LOST PROFITS) OR (B)ANY OTHER DAMAGES IN EXCESS OF TEN THOUSAND DOLLARS ($10,000), IN EACH CASE WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, AND EVEN IF EITHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES. THE FOREGOING LIMITATIONS WILL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY AND TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, BUT IN NO WAY WILL APPLY TO ANY INJURY OR DEATH TO ANY PERSON OR DAMAGE TO ANY PROPERTY CAUSED BY GROSS NEGLIGENCE OR WILFUL MISCONDUCT.

9. Publicity . PredictSpring may use Customer’s name and logo on PredictSpring’s website and marketing materials to identify Customer as a customer of PredictSpring. PredictSpring may issue a press release regarding this Agreement and the relationship between the parties, subject to Customer’s prior approval (not to be unreasonably withheld).

10.1 PredictSpring agrees to indemnify, defend, and hold harmless Customer against any liabilities, damages and costs (including reasonable attorneys’ fees) payable to a third party arising out of a third party claim alleging that the Application as provided by PredictSpring (excluding any Customer Content) infringe any third party intellectual property right.

10.2 Notwithstanding the foregoing, PredictSpring will have no obligation under this section or otherwise with respect to any infringement claim to the extent based upon (i) any unauthorized use, reproduction, or distribution of the Application or any breach of this Agreement by Customer, (ii) any combination of the Application with other products, equipment, software, uses or data not supplied, authorized or recommended by PredictSpring, (iii) any modification of the Application by any person other than PredictSpring or its authorized agents or contractors or (iv) any activity after PredictSpring has provided Customer with a work around or modification that would have avoided such issue without materially adversely affecting the functionality or availability of the Application. If PredictSpring reasonably believes that all or any portion of the Application, or the use thereof, is likely to become the subject of any infringement claim, suit or proceeding, PredictSpring will procure, at PredictSpring’s expense, for Customer the right to continue using the Services in accordance with the terms hereof, replace or modify the allegedly infringing Application to make it non-infringing, or, in the event the preceding is infeasible or not commercially practicable, PredictSpring may, in its sole discretion, terminate this Agreement upon written notice to Customer and refund to Customer any prepaid amounts for unused services related to the Application.

10.3 Customer agrees to indemnify, defend, and hold harmless PredictSpring against any liabilities, damages and costs (including reasonable attorneys’ fees) payable to a third party arising in connection with any claim or action that arises from Customer’s alleged violation of any applicable law, regulation or Platform Guideline, or otherwise from Customer’s use of Services.

10.4 Each party’s indemnification obligations are conditioned on the party seeking indemnity providing the other party with (i) prompt written notice of any claim, (ii) sole control over defense and settlement of the claim, and (ii) reasonable assistance with defense and settlement The indemnifying party shall not enter into any settlement or compromise of any claim without the indemnified party’s prior written consent, which shall not be unreasonably withheld, unless the settlement resolves such claim without liability or impairment to the indemnified party or its rights.

11. General . For all purposes under this Agreement each party shall be and act as an independent contractor and shall not bind nor attempt to bind the other to any contract. PredictSpring will be solely responsible for its income taxes in connection with this Agreement and Customer will be responsible for sales, use and similar taxes, if any. PredictSpring will be responsible for performance of its agents and subcontractors under this Agreement. This Agreement and any dispute arising hereunder shall be governed by the laws of the State of California, without regard to the conflicts of law provisions thereof. In any action or proceeding to enforce rights under this Agreement, the prevailing party will be entitled to recover reasonable costs and attorneys’ fees. Without limiting anything herein, and except for payment obligations, neither party shall have any liability for any failure or delay resulting from any condition beyond the reasonable control of such party, including but not limited to governmental action or acts of terrorism, earthquake or other acts of God, labor conditions and power failures. Neither party shall have the right to assign this Agreement, except that either party may assign its rights and obligations without consent to a successor to substantially all its relevant assets or business. No waiver, change, or modification to this Agreement will be effective unless in writing signed by both parties. Any notices in connection with this Agreement will be in writing and sent by, email, first class US mail, confirmed facsimile or major overnight delivery courier service, all to the address specified on the cover sheet of this Agreement or such other address as may be properly specified by written notice hereunder. The parties agree that this Agreement may be signed by manual or facsimile signatures and in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument In the event that any provision of this Agreement shall be determined to be illegal or unenforceable, that provision will be limited or eliminated so that this Agreement shall otherwise remain in full force and effect and enforceable.

PredictSpring, Inc. Subscription Service Level Agreement

Subscription Service SLA . During the term of the Agreement the Platform will be operational and available to Customer’s end users at least 99.9% of the time in any calendar month (the “SLA”). If PredictSpring does not meet the SLA, and if Customer meets its obligations under this SLA and the Agreement, Customer will be eligible to receive the Service Credits described below. This Exhibit A states Customer’s sole and exclusive remedy for any failure by PredictSpring to meet the SLA.

Definitions . The following definitions shall apply to the SLA.