"CUTLERY"
The letter "M" is in the color white and embodied in red and black outline in similar "M" shape. The red and black outline is half tone, black on the left half from the bottom to the top becoming red. The right half is red on the bottom to the top becoming black. The two horizontal lines are in red. The word "MASTER" is in black and the word "CUTLERY" is in red. The applicant claims these colors as features of the mark.