In essence, the contract transfers ownership of the trademark to the foundation — at no cost — and stipulates rights, obligations and limitations.
It’s a novel agreement, for which there appears to be no precedent, containing unique stipulations such as this: No party has independent authority to declare that a specific chain of Zcash can actually be called Zcash. There must be agreement from both parties, and neither party can unilaterally override the will of the community.
Update: Josh Cincinnati ( @acityinohio ) from the Zcash Foundation also posted about the agreement here: https://www.zfnd.org/blog/zcash-trademark-resolution/
We are grateful to have reached an amicable agreement with the ECC, and look forward to future productive collaborations with them and the broader Zcash ecosystem!