Common use of SSI Clause in Contracts

SSI. In the event of a Competitor Change of Control with respect to SSI, StorageTek shall have the option of either terminating this Agreement or continuing under this Agreement. StorageTek may exercise its termination option by written notice to SSI at any time prior to the [*] after SSI notifies StorageTek in writing that such Competitor Change of Control has occurred and the date on which the termination shall occur, which date shall not exceed [*] from the termination notice date. If StorageTek determines during such [*] period not to exercise its termination right, it may, by written notice to SSI within such period continue under this Agreement, but be relieved of its obligations under

SSI. In the event of a Competitor Change of Control with respect to SSI, StorageTek shall have the option of either terminating this Agreement or continuing under this Agreement. StorageTek may exercise its termination option by written notice to SSI at any time prior to the [*] after SSI notifies StorageTek in writing that such Competitor Change of Control has occurred and the date on which the termination shall occur, which date shall not exceed [*] from the termination notice date. If StorageTek determines during such [*] period not to exercise its termination right, it may, by written notice to SSI within such period continue under this Agreement, but be relieved of its obligations underunder 25