Common use of Purpose and Goal of Company Clause in Contracts

Purpose and Goal of Company. The Shareholders formed the Company with the principal purpose of undertaking the Purpose. The goal of the Company is to operate as the lowest cost Greenhouse producer of Cannabis in the Canadian industry without sacrificing product quality. The Company will have the exclusive responsibility to develop Intellectual Property as it relates to the Purpose.

Appears in 4 contracts

Samples: Shareholders Agreement (Emerald Health Therapeutics Inc.), Shareholders Agreement (Village Farms International, Inc.), Shareholders Agreement (Village Farms International, Inc.)

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