Termination of Article II. The provisions of Article II of this Agreement may be terminated by Xxxxx upon a Change of Control of Xxxxx.
Termination of Article II. The provisions of this Article II may be terminated by HFC upon a Change of Control of HFC.
Termination of Article II. The provisions contained in this Article II shall terminate and be of no further effect from and after the third anniversary of the Initial Closing Date.
Termination of Article II. This Article II shall terminate and be of no further effect at such time as the Shares Beneficially Owned by Stockholder no longer constitute at least 10% of the outstanding Common Stock. Notwithstanding the foregoing, the rights and obligations of Stockholder under this Article II shall survive a Fundamental Change to the extent that the Shares Beneficially Owned by Stockholder continue to constitute at least 10% of the total securities having the right to vote for the election of directors of the Survivor of a Fundamental Change; provided that, for all purposes of this Article II, if the Company is not the Survivor of a Fundamental Change, the board of directors of the Survivor of a Fundamental Change shall be substituted for the Board.
Termination of Article II. This Article II shall terminate at such time, if any, as either Principal Stockholder Party is the beneficial owner of less than 5% of the then-outstanding shares of Common Stock.
Termination of Article II. The provisions of this Article II may be terminated by XX Xxxxxxxx upon a Change of Control of XX Xxxxxxxx.
Termination of Article II. If at any time less than 20% of the outstanding Common Stock is held by Shareholders and Employee Grantees, then all of the provisions of Article II shall terminate.
Termination of Article II. Upon the expiration of the Applicable Period, this Article II shall terminate. Notwithstanding the termination of this Article II for any reason, all assignments, licenses and sublicenses of Intellectual Property Rights, whether Existing Intellectual Property, New Marketing Intellectual Property, New Pipeline Intellectual Property, or any other Intellectual Property Rights, previously granted under this Article II by any Party hereto shall survive in all respects and all Parties and assignees, licensees and sublicensees shall be free to continue to exploit after such termination any assignments, licenses and sublicenses regarding such Intellectual Property Rights granted in this Article II. In addition, after termination, the rights and obligations of the Parties in Sections 2.2 through and including 2.8 shall continue to apply to Intellectual Property Rights assigned, licensed or sublicensed under this Article II prior to such termination.
Termination of Article II. The provisions of Article II of this Agreement may be terminated by Sunoco upon a Change of Control of Sunoco.
Termination of Article II. The provisions of Article II of this Agreement may be terminated by Holly upon a Change of Control of Holly.
