Common use of Sharing Agreement Clause in Contracts

Sharing Agreement. The material and human resources shared between the Parties, under the Private Instrument of Expenses Sharing Agreement, signed between the Parties, Via Varejo S.A. and CNova Comércio Eletrônico S.A. on December 15, 2016, as amended and in force (“Sharing Agreement”), shall be segregated and individualized within one (1) year, at most, as from the Effective Spin-off Date, and the Transition Committee may create a specific subcommittee to conduct the activities necessary for the termination, in the shortest possible period, of the relationship established between the Parties under said Sharing Agreement.

Appears in 2 contracts

Sources: Separation and Other Covenants Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Separation and Other Covenants Agreement (Sendas Distributor S.A.)