PENETRATION RATE FOR BUSINESS DESKTOP Sample Clauses

PENETRATION RATE FOR BUSINESS DESKTOP. So long as certain specified milestone deliverable dates are satisfied as set forth in the Collaborative Development Work Plans, Sun shall use all reasonable efforts to achieve penetration of enterprise desktops by the Third Party Communicator Client and AOL Distributed Communicator Client as set forth in the Marketing and Sales Plan as mutually-agreed in writing prior to the Closing Date, including without limitation bundling the Third Party Communicator with Sun's Solaris operating system, actively promoting the Third Party Communicator on Sun's website, and such other actions as Sun normally takes to promote and market its products, provided that Sun shall be relieved of such obligations to achieve such penetration if Sun embarks on a divergent development path with respect to the Third Party Communicator Client pursuant to Section 3.10. If the agreed level of penetration is not achieved, Sun will take reasonable steps (e.g., increased marketing, promotion and salesforce incentives) to increase the penetration rate to the required level within six months; provided that, if Sun believes that the failure to achieve the requisite level of penetration was due to factors beyond its reasonable control and/or that the penetration rate shortfall cannot reasonably be remedied through increased marketing and promotion unless additional remedial action is also taken during such six month period, Sun will so inform AOL and the parties shall discuss Sun's concerns and attempt to agree through good faith negotiation on an appropriate plan to increase the penetration rate within such six month period. Such plan may include actions by Sun and/or AOL, depending on the circumstances. The Executive Representatives shall facilitate such negotiation. If either AOL CONFIDENTIAL AND PROPRIETARY Final SUN CONFIDENTIAL AND PROPRIETARY CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS (*) DENOTE SUCH OMISSIONS. Executive Representative believes that negotiation will not succeed in a timely fashion, he or she may refer such dispute to the two chief executive officers to resolve. The Incentive Plan referred to in Section 13.1 will set forth the method by which Sun will provide incentives to its sales force to achieve the requisite penetration rate. The escalation procedures set forth in this Section 4.6 shall constitute AOL's sole and exclusive remedy for any failure to achieve the specified target penetration rate.
AutoNDA by SimpleDocs

Related to PENETRATION RATE FOR BUSINESS DESKTOP

  • Communications with Potential Business Combination Targets Prior to the date hereof, neither the Company nor anyone on its behalf has, and as of the First Closing Date, neither the Company nor anyone on its behalf will have selected any Business Combination target or initiated any substantive discussions, directly or indirectly, with any Business Combination target.

  • Certain Market Activities Neither the Company, nor any of the Subsidiaries, nor any of their respective directors, officers or controlling persons has taken, directly or indirectly, any action designed, or that has constituted or might reasonably be expected to cause or result in, under the Exchange Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Placement Shares.

  • Distribution Compliance Period The Purchaser agrees not to resell, pledge or transfer any Purchased Shares within the United States or to any U.S. Person, as each of those terms is defined in Regulation S, during the 40 days following the Closing Date.

  • Statistical, Demographic or Market-Related Data All statistical, demographic or market-related data included in the Registration Statement, the Disclosure Package or the Prospectus are based on or derived from sources that the Company believes to be reliable and accurate and all such data included in the Registration Statement, the Disclosure Package or the Prospectus accurately reflects the materials upon which it is based or from which it was derived.

  • Independent Evaluation Buyer is experienced and knowledgeable in the oil and gas business. Buyer has been advised by and has relied solely on its own expertise and legal, tax, accounting, marketing, land, engineering, environmental and other professional counsel concerning this transaction, the Subject Property and value thereof.

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • USE OF THIRD PARTY SYSTEMS-LEVEL SOFTWARE State Street and the Fund acknowledge that in connection with the Data Access Services provided under this Addendum, the Fund will have access, through the Data Access Services, to Fund Data and to functions of State Street’s proprietary systems; provided, however that in no event will the Fund have direct access to any third party systems-level software that retrieves data for, stores data from, or otherwise supports the System.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Financial Market Service Bloomberg Financial Service and any other financial information provider designated by the Depositor by written notice to the Trustee.

  • Presentation of Potential Target Businesses The Company shall cause each of the Initial Shareholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Shareholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company, subject to any pre-existing fiduciary obligations the Initial Shareholders might have.

Time is Money Join Law Insider Premium to draft better contracts faster.