LICENSEAPPROVED

Democracy Prep Public Schools Inc. Trademark License Agreement March 2026

DPPS grants trademark and curriculum license to DPAC

Bronx Preparatory Charter SchoolDEMOCRACY PREP PUBLIC SCHOOLS INCMarch 1, 2026

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Description

Democracy Prep Public Schools Inc. entered into a Trademark License Agreement with Democracy Prep at the Agassi Campus effective July 1, 2026, granting transitional and ongoing royalty‑free rights to use specified DPPS trademarks and curriculum materials. The deal provides a one‑year transitional signage license (extendable for regulatory approvals) and a renewable five‑year term for ongoing mark and curriculum use subject to DPPS quality control and termination provisions.

Contract Details

Vendor

DEMOCRACY PREP PUBLIC SCHOOLS INC

Agency

Bronx Preparatory Charter School, NY

Contract Type

LICENSE

Document Date

March 1, 2026

Contract Term

Effective as of July 1, 2026; transitional trademark license for up to one (1) year after the Closing Date, with a possible extension up to six (6) additional months for regulatory approvals; ongoing DPPS trademark and curriculum license for an initial five (5) year term with successive five (5) year renewal terms unless non‑renewed with at least thirty (30) days’ notice before term end

Renewal Info

Transitional license runs for up to one (1) year after the Closing Date and may be extended for up to six (6) additional months as needed to obtain required governmental approvals. The ongoing DPPS license has an initial five‑year term beginning on the Closing Date and renews automatically for successive five‑year renewal terms unless either party provides notice of intent not to renew at least thirty (30) days prior to the end of the then‑current term, or the agreement is earlier terminated for material breach or quality‑control noncompliance.

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