Application to Contribution Types Clause Samples
The 'Application to Contribution Types' clause defines how the terms of an agreement apply to various forms of contributions made by parties, such as intellectual property, financial resources, or services. It typically clarifies which specific types of contributions are covered under the agreement and may outline any distinctions in rights or obligations depending on the nature of the contribution. This clause ensures that all parties understand the scope of the agreement as it relates to different contribution types, thereby preventing misunderstandings and ensuring that each contribution is properly governed by the contract.
Application to Contribution Types. Apply the elected non-top-heavy vesting schedule (Choose one of A. or B.):
A. [ ] All. To all Contribution Types subject to vesting (other than QACA Safe Harbor Contributions).
B. [ ] Describe application to affected Contribution Type(s):
