Limitation of Liability; Disclaimer
Reliabrand, Inc. (“Reliabrand”) became the legal owner of the patents, trademarks, and other intellectual property rights previously owned by Adiri, Inc. (“Adiri”) through a transaction that was consummated in April 2011. While Reliabrand owns the rights to the various patents, trademarks, technologies and other intellectual property rights related to the Adiri line of products, Reliabrand has assumed no liability whatsoever with respect to the Adiri products produced, manufactured or otherwise sold by Adiri or by third parties (the “Old Adiri Products”). Accordingly, Reliabrand expressly disclaims ANY CLAIM OF ANY KIND RELATED TO PRODUCTS LIABILITY AND/OR WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE for the Old Adiri Products, it being expressly understood that Reliabrand shall not be held liable for any claim whatsoever related to any defect, product liability or other related claims for the Old Adiri Products produced, manufactured, sold or otherwise distributed by Adiri or any third party.
Further, in no event shall Reliabrand or any of its officers, directors, employees, agents, representatives, information providers or licensors, be liable for any direct, indirect, incidental, special, consequential, punitive or other damages (regardless of the form of action) related to the Old Adiri Products.