JVCO Entity definition
Examples of JVCO Entity in a sentence
Nothing in this Agreement shall be construed to restrict or limit the ability of a Founding Shareholder to cause any JVCO Entity to enforce its rights under any such contract or agreement against any other Founding Shareholder or Affiliate thereof, and each Founding Shareholder agrees that the other Founding Shareholder shall have the right to cause any JVCO Entity to enforce such JVCO Entity’s rights under any such contract or agreement.
Each party agrees to cause its designees and the designees of its Affiliates on the board of each JVCO Entity to effect the election of the designees of, and, at the written request of Synacor, remove or cause the removal of the individuals requested to be removed by, Synacor.
Each Founding Shareholder agrees to comply, and to cause its Affiliates to comply, with each of its obligations under each Transaction Document and each other contract or agreement between it and any JVCO Entity.
Members of the Senior Management of a JVCO Entity shall render all of their professional time and services to such JVCO Entity on a full-time basis.
If a director breaches such Director's Undertaking to which such director is a party and fails to resign from the board of directors of both JVCO Entities on which such director serves, the JVCO and the Shareholders shall take all actions necessary to remove such director from the boards of directors of each JVCO Entity on which such director serves.
No employee of any Maxit Party directly involved in the business, operations or activities related to any JVCO Entity will be solicited or hired by any Synacor Party or any JVCO Entity without Maxit’s prior written consent.
The JVCO shall obtain, maintain and pay for directors’ and officers’ insurance covering each officer of each JVCO Entity and covering each member of the board of directors or similar governing body of each JVCO Entity from an insurer acceptable to Synacor in coverage amounts, and with coverage limitations, as are customarily obtained by U.S. companies of similar size, in a similar line of business, engaged in international operations and with operations in the PRC.
No Director or group of Directors acting independently of the Board has the power to bind any JVCO Entity, and the Board has no power to bind any JVCO Entity without the receipt of all applicable Necessary Corporate Approvals.
No employee of any Synacor Party directly involved in the business, operations or activities related to any JVCO Entity will be solicited or hired by any Maxit Party or any JVCO Entity without Synacor’s prior written consent.
The CONTRACTOR shall establish and operate an integrated Population Health Program based upon risk stratification of the CONTRACTOR population.