Exception Standstill Sample Clauses

Exception Standstill. During the period starting on the date of delivery of an Exception Notice and ending with the DAO Members entering into an Exception Handling Addendum or receiving a final decision of an arbitrator in accordance with Section 4.2(c)(III) (the “Standstill Period”), each DAO Member shall: (A) treat all of the Distributed DAO Property of such DAO Member that may have been Transferred to such DAO Member as a result of the Material Adverse Exception Event as if it were DAO Property (and not Distributed DAO Property), including by disregarding the parenthetical exceptions for Distributed DAO Property in Section 4.1(c)(II); and (B) deposit and maintain such Distributed DAO Property in a segregated Account Address to be treated, to the extent permitted by applicable law, as a custodial trust held for the benefit of the DAO Members.
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Related to Exception Standstill

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