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Either way you go there will be a basis for a collateral attack --
either that it was an improper assignment or that the original
company (which is likely an empty shell at the time that use began)
didn't control the quality of the goods and services of the
ultimately produced product. It would be cheaper and create less
vulnerability to just file a new application, but whether that's the
better option will depend on how valuable the priority is -- how
long it has been pending, how unique the mark is, and how many later
filers of similar marks there are. And you could file a new
application too, as a safety net.<br>
<br>
Pam<br>
<div class="moz-signature"><br>
Pamela S. Chestek<br>
Chestek Legal<br>
PLEASE NOTE OUR NEW MAILING ADDRESS<br>
4641 Post St.<br>
Unit 4316<br>
El Dorado Hills, CA 95762<br>
+1 919-800-8033<br>
<a class="moz-txt-link-abbreviated" href="mailto:pamela@chesteklegal.com">pamela@chesteklegal.com</a><br>
<a class="moz-txt-link-abbreviated" href="http://www.chesteklegal.com">www.chesteklegal.com</a><br>
<br>
</div>
<div class="moz-cite-prefix">On 6/20/2025 8:00 AM, Crane, Susan via
E-trademarks wrote:<br>
</div>
<blockquote type="cite"
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<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Exactly
why I would license, use, file SOU, assign.<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span
style="font-family:"Arial",sans-serif;color:#0072CE">Susan
L. Crane<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span
style="font-family:"Arial",sans-serif;color:#51534A">Group
Vice President, Legal<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span
style="font-family:"Arial",sans-serif;color:#51534A">Intellectual
Property, Brands & Marketing<o:p></o:p></span></b></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#51534A"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#51534A">Wyndham
Hotels & Resorts, Inc.<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#51534A">22
Sylvan Way<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#51534A">Parsippany,
NJ 07054<o:p></o:p></span></p>
<p class="MsoNormal"><b><span
style="font-family:"Arial",sans-serif;color:#51534A">O</span></b><span
style="font-family:"Arial",sans-serif;color:#51534A"> (973)
753-6455<o:p></o:p></span></p>
<p class="MsoNormal"><b><span
style="font-family:"Arial",sans-serif;color:#51534A">M</span></b><span
style="font-family:"Arial",sans-serif;color:#51534A"> (973)
879-3420<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#1F497D"><a
href="mailto:Susan.Crane@wyndham.com"
moz-do-not-send="true"><span style="color:#467886">Susan.Crane@wyndham.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"Arial",sans-serif;color:#51534A"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<div style="border:none;border-top:solid #E1E1E1
1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif">
E-trademarks
<a class="moz-txt-link-rfc2396E" href="mailto:e-trademarks-bounces@oppedahl-lists.com"><e-trademarks-bounces@oppedahl-lists.com></a>
<b>On Behalf Of </b>Dale Quisenberry via E-trademarks<br>
<b>Sent:</b> Friday, June 20, 2025 10:54 AM<br>
<b>To:</b> Carl Oppedahl <a class="moz-txt-link-rfc2396E" href="mailto:carl@oppedahl.com"><carl@oppedahl.com></a>; For
trademark practitioners. This is not for laypersons to
seek legal advice. <a class="moz-txt-link-rfc2396E" href="mailto:e-trademarks@oppedahl-lists.com"><e-trademarks@oppedahl-lists.com></a><br>
<b>Cc:</b> Dale Quisenberry
<a class="moz-txt-link-rfc2396E" href="mailto:dale@quisenberrylaw.com"><dale@quisenberrylaw.com></a><br>
<b>Subject:</b> Re: [E-trademarks] Assignment of ITU
application -- exception<o:p></o:p></span></p>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<div>
<p class="MsoNormal" style="mso-line-height-alt:.75pt"><span
style="font-size:1.0pt;color:white">Thanks Carl. My
concern with that approach is, to use your acronym TYFNIL,
the true facts come to light, the registration is
invalidated, the client loses the benefit of the filing
date, the client is left with common law rights only, and
the<o:p></o:p></span></p>
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<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB">Thanks Carl.<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB">My concern with that approach is, to use your
acronym TYFNIL, the true facts come to light, the
registration is invalidated, the client loses the benefit of
the filing date, the client is left with common law rights
only, and the competitor / opposing party in the litigation,
who most likely has at least a pending application on file,
will step in front of the client and lock the client into
its area of common law rights (and zone of natural
expansion), and the competitor will have trademark rights
throughout the remainder of the US.<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB">Thougths?<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB">Dale<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB"><o:p> </o:p></span></p>
<div>
<div>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">C.
Dale Quisenberry<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">Quisenberry
Law PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">13910
Champion Forest Drive, Suite 203<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">Houston,
Texas 77069<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">(832)
680.5000 (office)<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">(832)
680.1000 (mobile)<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif">(832)
680.5555 (facsimile)<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"><a
href="https://urldefense.com/v3/__http:/www.quisenberrylaw.com__;!!Nf401RNTQFE14GfWW3o!iyqbusVlZNXV0z4mlxFZwsbysNAHTGQ0XbyPzfFEZB5DG2MEjAnm0PYaXGXjM3ieBOq4PR9RwPat3yg5oqq8L10j42QFB-U$"
moz-do-not-send="true"><span style="color:#0563C1">www.quisenberrylaw.com</span></a><o:p></o:p></span></p>
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style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Arial",sans-serif"
lang="EN-GB"><o:p> </o:p></span></p>
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<div id="mail-editor-reference-message-container">
<div>
<div>
<div style="border:none;border-top:solid #B5C4DF
1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal" style="margin-bottom:12.0pt"><b><span
style="font-size:12.0pt;color:black" lang="EN-GB">From:
</span></b><span
style="font-size:12.0pt;color:black" lang="EN-GB">Carl
Oppedahl <<a href="mailto:carl@oppedahl.com"
moz-do-not-send="true"
class="moz-txt-link-freetext">carl@oppedahl.com</a>><br>
<b>Date: </b>Friday, 20 June 2025 at 9:46</span><span
style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black"
lang="EN-GB">\u202f</span><span
style="font-size:12.0pt;color:black" lang="EN-GB">am<br>
<b>To: </b>For trademark practitioners. This is not
for laypersons to seek legal advice. <<a
href="mailto:e-trademarks@oppedahl-lists.com"
moz-do-not-send="true"
class="moz-txt-link-freetext">e-trademarks@oppedahl-lists.com</a>><br>
<b>Subject: </b>Re: [E-trademarks] Assignment of
ITU application -- exception<o:p></o:p></span></p>
</div>
<p><span lang="EN-GB">At the risk of oversimplifying and
maybe not fairly characterizing your question ...<o:p></o:p></span></p>
<p><span lang="EN-GB">You seem to be wondering if
sometimes the filer (say XYZ Inc) might not really
have much to convey in an assignment to the successor
(XYZ LLC). And if there is not much to convey
(perhaps very close to nothing) then can we be sure
that the requirements of 15 USC 1060(a)(1) are
satisfied?<o:p></o:p></span></p>
<p><span lang="EN-GB">Over the years I have handled the
occasional case where the filer signs an assignment
that assigns stuff over to the successor ... and it is
basically a quitclaim deed. The filer is not
representing and warranting the amount of goodwill
being conveyed, and is not representing and warranting
the amount of stuff that constitutes the "business of
the applicant, or portion thereof, to which the mark
pertains". But whatever there is, it is being
conveyed. A quitclaim.
<o:p></o:p></span></p>
<p><span lang="EN-GB">And I have figured this ought to be
enough to satisfy 15 USC 1060(a)(1). The exception I
suppose being some extreme fact pattern where the
filer has very actively told the world it is not doing
anything at all, or has previously engaged in some
conduct or another that is entirely inconsistent with
any nonzero amount of goodwill or business or
trademark rights having ever existed.<o:p></o:p></span></p>
<div>
<p class="MsoNormal"><span style="font-size:12.0pt"
lang="EN-GB">On 6/20/2025 8:25 AM, Dale Quisenberry
via E-trademarks wrote:<o:p></o:p></span></p>
</div>
<blockquote style="margin-top:5.0pt;margin-bottom:5.0pt">
<div>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Listmates,<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Client filed
ITU application in name of XYZ, Inc. (a foreign
corporation)<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Mark has not
been used yet.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Client has
now formed XYZ, LLC (a US based LLC).<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Client wants
to know if it can assign the ITU application from
the Inc. to the LLC.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">The starting
point is no, but I\u2019m exploring the exception in 15
USC 1060(a)(1):<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
class="num"><b><span style="font-size:12.0pt"
lang="EN-GB">(a)</span></b></span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><a
name="a_1" moz-do-not-send="true"></a><span
class="num"><b><span style="font-size:12.0pt"
lang="EN-GB">(1)</span></b></span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">A registered
mark or a mark for which an application to
register has been filed shall be assignable with
the good will of the business in which the mark is
used, or with that part of the good will of the
business connected with the use of and symbolized
by the mark. Notwithstanding the preceding
sentence, no application to register a mark under <a
href="https://urldefense.com/v3/__https:/www.law.cornell.edu/uscode/text/15/1051*b__;Iw!!Nf401RNTQFE14GfWW3o!iyqbusVlZNXV0z4mlxFZwsbysNAHTGQ0XbyPzfFEZB5DG2MEjAnm0PYaXGXjM3ieBOq4PR9RwPat3yg5oqq8L10jnXS64QA$"
moz-do-not-send="true">section 1051(b) of this
title</a> shall be assignable prior to the
filing of an amendment under <a
href="https://urldefense.com/v3/__https:/www.law.cornell.edu/uscode/text/15/1051*c__;Iw!!Nf401RNTQFE14GfWW3o!iyqbusVlZNXV0z4mlxFZwsbysNAHTGQ0XbyPzfFEZB5DG2MEjAnm0PYaXGXjM3ieBOq4PR9RwPat3yg5oqq8L10jEpK-1js$"
moz-do-not-send="true">section 1051(c) of this
title</a> to bring the application into
conformity with <a
href="https://urldefense.com/v3/__https:/www.law.cornell.edu/uscode/text/15/1051*a__;Iw!!Nf401RNTQFE14GfWW3o!iyqbusVlZNXV0z4mlxFZwsbysNAHTGQ0XbyPzfFEZB5DG2MEjAnm0PYaXGXjM3ieBOq4PR9RwPat3yg5oqq8L10jyMCu9Uw$"
moz-do-not-send="true">section 1051(a) of this
title</a> or the filing of the verified
statement of use under <a
href="https://urldefense.com/v3/__https:/www.law.cornell.edu/uscode/text/15/1051*d__;Iw!!Nf401RNTQFE14GfWW3o!iyqbusVlZNXV0z4mlxFZwsbysNAHTGQ0XbyPzfFEZB5DG2MEjAnm0PYaXGXjM3ieBOq4PR9RwPat3yg5oqq8L10jK3VnHM4$"
moz-do-not-send="true">section 1051(d) of this
title</a>, except for an assignment to a
successor to the business of the applicant, or
portion thereof, to which the mark pertains, if
that business is ongoing and existing.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">So, at the
moment, the LLC does not appear to be a \u201csuccessor
to the business of the [Inc.], or a portion
thereof, to which the mark, if that business is
ongoing and existing.\u201d Inc. has not started a
business that uses the mark yet.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">So I\u2019m
wondering which entity should use the mark first.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">I believe
the LLC is the entity that will be operating the
business that uses the mark.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">So one
option is to put a license agreement in place
between the Inc. and the LLC so that the use by
the LLC is for the benefit of the Inc.<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Does that
open up any resulting registration to attack that
the Inc. did not have bona fide intent to use?<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">If so is the
only way to navigate this to have the Inc. use the
mark, then file the statement of use, then assign
the mark and goodwill to the LLC?<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Has anyone
been down this road before?<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB">Dale<o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt" lang="EN-GB"> <o:p></o:p></span></p>
<div>
<div>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">C. Dale Quisenberry</span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">Quisenberry Law PLLC</span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">13910 Champion Forest
Drive, Suite 203</span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">Houston, Texas 77069</span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">(832) 680.5000
(office)</span><span style="font-size:12.0pt"
lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">(832) 680.1000
(mobile)</span><span style="font-size:12.0pt"
lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt">(832) 680.5555
(facsimile)</span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt"><a
href="https://urldefense.com/v3/__http:/www.quisenberrylaw.com__;!!Nf401RNTQFE14GfWW3o!iyqbusVlZNXV0z4mlxFZwsbysNAHTGQ0XbyPzfFEZB5DG2MEjAnm0PYaXGXjM3ieBOq4PR9RwPat3yg5oqq8L10j42QFB-U$"
moz-do-not-send="true">www.quisenberrylaw.com</a></span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span
style="font-size:12.0pt"> </span><span
style="font-size:12.0pt" lang="EN-GB"><o:p></o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span
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<p class="MsoNormal"
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<p class="MsoNormal" style="margin-bottom:12.0pt"><span
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