5. Registrations
DISTRIBUTOR shall undertake best efforts to receive and maintain the Registrations of the Products in the Territory on behalf of IAG during the term of this Agreement. In the event Registration is transferred to IAG, IAG will reimburse DISTRIBUTOR for all reasonable third party regulatory costs occurred in connection with receiving and maintaining the Registration upon production of the relevant receipts.
The Registration remains the sole property of IAG. Whenever requested to do so by IAG, DISTRIBUTOR will with no delay transfer the Registration to IAG or its designee.