Controllership. The Parties hereby acknowledge and agree that: (a) the Company (as Recipient) is a Controller and the Seller (as Provider) is a Processor, in respect of the provision of Services by the Seller to the Company as set out in Exhibit B, and (b) the Seller (as Recipient) is a Controller and the Company (as Provider) is a Processor, in respect of the provision of Services by the Company to the Seller as set out in Exhibit B.
Appears in 2 contracts
Sources: Transition Services Agreement (Biocryst Pharmaceuticals Inc), Stock Purchase Agreement (Biocryst Pharmaceuticals Inc)