Cognex Sample Clauses

Cognex. Software is not authorized, licensed, designed, or intended for use in, and Licensee shall not permit the use of Cognex Software in, any (i) nuclear equipment, (ii) aviation or aerospace equipment, or air traffic control, navigation or communication equipment, (iii) weaponry, (iv) medical devices or systems intended for life support, intensive care or surgical implant into the human body, or (v) Life- Critical (as defined below) devices or systems (each a “Prohibited Use”), except with Cognex’s prior written consent. The prohibitions of the preceding sentence also apply to the design, manufacture, construction, operation and maintenance activities associated with any Prohibited Use. “Life-Critical” devices or systems are defined as those (a) whose failure or malfunction may result in death or serious injury to people or environmental harm posing a serious risk to human health and safety or (b) which are designed to lose less than one life per billion hours of operation. Cognex disclaims any liability in connection with any Prohibited Use by Licensee, intermediary customers or end users, and any such Prohibited Use engaged in by a party contrary to this provision shall be entirely at such party’s risk.
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Cognex terminates his employment with Cognex for Cause, then Cognex shall not owe, and shall not be required to pay, to Hoffmaster any Additional Consideration for (a) his entering intx xxxx Xxxeement, or for (b) the promises and general release of claims contained herein, or for (c) Hoffmaster's continued compliance with the terms of Section 4.0 of the Xxxxxyee Agreement.
Cognex hereby waives the six-month holding period, which is stated in Hoffmaster's stock option agreement(s).
Cognex agrees to proxxxx xxxxxxxtrative assistance to Hoffmaster in performing a cashless exercise of his stock optxxxx.
Cognex. Cognex hereby agrees that all its officers, employees, directors, agents, administrators or representatives will, unless required by law. keep the terms of this Agreement confidential.
Cognex agrees to provide Hoffmaster an interest free loan in the amount of Two Hundred Thxxxxxx Xxxlars ($200 000.00) ("Loan Amount") payable by Cognex within ten (10) business days of the later of: a) Hoffmaster's signing of all the agreements required by Cognex as x xxxxxxxxx of his becoming an employee as defined in Cognex's Offer Letter dated May 22nd, 2001, or b) Hoffmaster's first day of full time, paid employment at Cognex.

Related to Cognex

  • Cornerstone shall notify the LLC and confirm such advice in writing (i) when the filing of any post-effective amendment to the Registration Statement or supplement to the Prospectus is required, when the same is filed and, in the case of the Registration Statement and any post-effective amendment, when the same becomes effective, (ii) of any request by the Securities and Exchange Commission for any amendment of or supplement to the Registration Statement or the Prospectus or for additional information and (iii) of the entry of any stop order suspending the effectiveness of the Registration Statement or the initiation or threatening of any proceedings for that purpose, and, if such stop order shall be entered, Cornerstone shall use its best efforts promptly to obtain the lifting thereof.

  • Company The term “

  • AMD AMD shall keep records in sufficient detail to enable FoundryCo to determine that AMD has complied with its second sourcing limitations in Section 2.1(b) and its GPU Product volume sourcing commitments in Section 2.1(c). AMD shall permit said records to be inspected, at FoundryCo’s expense, upon reasonable advance notice, during regular business hours by an independent auditor selected by FoundryCo and approved by AMD, which approval shall not be unreasonably withheld. The audit shall be for the purpose of verifying that AMD has complied with its second source restrictions in Section 2.1(b) and its GPU Product sourcing commitments in Section 2.1(c). Inspections conducted under this Section 8.1(b) shall be at FoundryCo’s expense, unless AMD has a non-compliance variance adverse to FoundryCo of [****] percent ([****]%) or more of (i) the relevant [****] percent ([****]%) second source restriction or (ii) the GPU Minimum Percentage for the applicable audited period, in which case AMD shall bear the reasonable expenses of such audit.

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • IBM Credit may in its sole discretion from time to time decide the amount of credit IBM Credit extends to Customer, notwithstanding any prior course of conduct between IBM Credit and Customer. IBM Credit may combine all of its advances to make one debt owed by Customer.

  • Motorola s sole obligation to Licensee and Licensee’s exclusive remedy under this warranty is to use reasonable efforts to remedy any material Software defect covered by this warranty. These efforts will involve either replacing the media or attempting to correct significant, demonstrable program or documentation errors or Security Vulnerabilities. If Motorola cannot correct the defect within a reasonable time, then at Motorola’s option, Motorola will replace the defective Software with functionally-equivalent Software, license to Licensee substitute Software which will accomplish the same objective, or terminate the license and refund the Licensee’s paid license fee.

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

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