ROXIO LIABILITIES Clause Samples

ROXIO LIABILITIES. 21 Section 5.33 Security Interest..........................................................................21 Section 5.34 Separation.................................................................................21 Section 5.35 Separation Agreement.......................................................................21 Section 5.36 Separation Date............................................................................21 Section 5.37 Subsidiary.................................................................................21 Section 5.38 Taxes......................................................................................21 Section 5.39 Tax Sharing Agreement......................................................................21 Section 5.40 Transferred Subsidiary.....................................................................22 SCHEDULE 1.2(b) Excluded Assets SCHEDULE 1.3(b) Excluded Liabilities GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT This General Assignment and Assumption Agreement (this "AGREEMENT") is entered into on May 5, 2001 between Adaptec, Inc., a Delaware corporation ("ADAPTEC"), and Roxio, Inc., a Delaware corporation ("ROXIO"). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in ARTICLE V hereof. Adaptec and Roxio are sometimes referred to herein collectively as the "party" or individually as the "parties."

ROXIO LIABILITIES. 3 Section 1.4 Methods of Transfer and Assumption..........................................................5 Section 1.5 Governmental Approvals and Consents for Transfer of Roxio Assets............................6 Section 1.6 Nonrecurring Costs and Expenses.............................................................7 Section 1.7 Novation of Assumed Roxio Liabilities.......................................................7 ARTICLE II LITIGATION........................................................................................8 Section 2.1 Allocation..................................................................................8 Section 2.2 Cooperation.................................................................................9

ROXIO LIABILITIES. 19 Section 5.33

ROXIO LIABILITIES. 3 Section 1.4 Methods of Transfer and Assumption.....................................5 Section 1.5 Governmental Approvals and Consents for Transfer of Roxio Assets...

ROXIO LIABILITIES. (a) INCLUDED LIABILITIES. For the purposes of this Agreement, "ROXIO LIABILITIES" shall mean (without duplication) the following Liabilities, except as otherwise provided for in any Ancillary Agreement or other express agreement of the parties:

ROXIO LIABILITIES. 20 Section 5.38 Roxio Pro Forma Balance Sheet.........................................20 Section 5.39 Security Interest.....................................................20 Section 5.40 Separation............................................................20 Section 5.41 Separation Agreement..................................................20 Section 5.42 Separation Date.......................................................20 Section 5.43 Subsidiary............................................................20 Section 5.44 Taxes.................................................................20 Section 5.45 Tax Sharing Agreement.................................................20 Section 5.46