Common use of Wind Down Period Clause in Contracts

Wind Down Period. If ExxonMobil exercises its right under Section 14.03 to terminate the Research Program, during the * wind-down period, the resource allocation and payments shall be in accordance with this Agreement as set out prior to the termination notice, provided that (a) if Symyx is able to redeploy personnel without adverse financial consequences during * wind-down period, Symyx will not charge ExxonMobil for such redeployed personnel, (b) Symyx will not replace personnel lost through natural attrition, and (c) the parties will mutually agree on how to allocate resources during such * wind-down period, including reasonable efforts to focus on tool development and delivery during such * wind-down period.

Wind Down Period. If ExxonMobil exercises its right In the event this Agreement is terminated under Section 14.03 to terminate the Research Program14.10, during the * wind-down periodperiod prior to the Termination Date, the resource allocation and payments shall be in accordance with this Agreement as set out prior to the termination notice, provided provided, however, that (a) if Symyx is able to redeploy personnel without adverse financial consequences during such * wind-down period, Symyx will not charge ExxonMobil for such redeployed personnel, (b) Symyx will not replace personnel lost through natural attrition, and (c) the parties will mutually agree on how to allocate resources during such * wind-down period, including reasonable efforts to focus on tool development and delivery during such * wind-down period.