API Monogram Licensing Program Requirements
Part 4 – API Monogram License Agreement
31. The Licensee agrees to cooperate fully with API in any effort which API may deem advisable in order to record the Licensee as a
registered user of the marks, including the providing of information and execution of documents in connection therewith. Expenses
associated with such recording shall be borne by API.
32. Trade Sanctions. Licensee shall be solely responsible for ensuring its compliance with applicable laws and regulations.
Except as authorized by law, Licensee agrees that it will not export, re-export or disclose any product or technical data provided
under this Agreement contrary to the laws and regulations of the United States and other countries relating to export trade, or to
any country, entity or other party that is ineligible to receive such items under U.S. laws and regulations, including, but not limited
to, regulations of the U.S. Department of Commerce or the U.S. Department of the Treasury.
Except as authorized by law, Licensee specifically warrants that it does not currently and shall not export or re-export any product
or technical data supplied hereunder to any country or party subject to embargo or restrictions under U.S. law or regulations,
which as of the signing of this Agreement, include, but are not limited to:
(a) Countries subject to economic sanction under Executive Order of the President, regulations of the U.S. Treasury Department,
or other U.S. law; and parties controlled by or acting for the governments of those countries, including, but not limited to,
Cuba, Iran, Syria, North Korea, and the Crimea region of Ukraine;
(b) Parties identified by the U.S. government as prohibited or restricted from participating in export transactions by any U.S.
government agency, including but not limited to the U.S. Department of the Treasury’s “List of Specially Designated Nationals
and Blocked Persons” and “U.S. Sectoral Sanctions Identifications List,” the U.S. Commerce Department’s Denied Person’s
List or Entity List, and any party that is not itself specifically designated but that is 50% or more owned by a designated party,
or is otherwise acting on behalf of a designated party; and
(c) Any party engaged in or supporting terrorism or the design, development, production, stockpiling or use of nuclear, chemical
or biological weapons or missiles.
Licensee also warrants that no product or technical data supplied hereunder will be used, either directly or indirectly, in, or in
support of, exploration for, or production of, oil or gas in Russian deepwater, Arctic offshore locations, or shale formations in
Russia.
If Licensee’s activities hereunder do not comply with statutory or regulatory requirements, Licensee agrees to take whatever
corrective action, including product recall, that is deemed necessary by API to protect consumers or API in a time frame specified
by API.
Licensee agrees that API may, in its sole discretion, immediately terminate this Agreement if API learns information which it
determines, in its sole discretion, to be evidence of a breach by Licensee of any representation set forth in this paragraph, and that
API shall not be liable for any damages alleged to be caused by such termination.
Licensee agrees that API may notify any third party of an improper or unauthorized use of the API mark(s) when, in the sole
judgment of API, such notifications are necessary to protect consumers, the public, or for API’s own protection, and API shall not
be liable for any damages whatsoever resulting from such notification.
33. Compliance. Licensee agrees that it:
(a) Will comply with all applicable laws governing bribery and corrupt practices, including but not limited to the U.S. Foreign
Corrupt Practices Act;
(b) Will not take any action in furtherance of bribery of a government official or employee, or any political party or candidate; and
(c) Will not give or offer anything of value to any government official or employee, or any political party or candidate, for the
purpose of:
(i) Influencing or rewarding any act or decision of such official, employee, party or candidate, either directly, or indirectly
through an agent or subcontractor;
Use of the Official API Monogram
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