Representative Period definition
Examples of Representative Period in a sentence
Representative shall, at any time upon request by Company and, in any event, upon termination of the Representative Period, immediately return to Company all equipment and other items that belong to Company and any and all documents and other items (e.g., hard drives, thumb drives, magnetic media, etc.) that belong to Company or contain information related in any way to Company or Company's businesses, including without limitation Confidential Business Information (as defined below).
In performing Representative’s duties under this Agreement, Representative may use and display those trademarks, brand names and product names of Company (collectively, “Company’s Marks”) in connection with the sale of Products during the Representative Period.
During the one (1) year period after termination or expiration of the Representative Period, any then-current customers and prospective customers of Company who contact Representative regarding the Products shall be referred directly to Company.
Company hereby appoints Representative as its non-exclusive representative for the solicitation of sales of Products to the Applicable Customers for the Representative Period.
Commissions shall only be based on those sales to Applicable Customers that are accepted, invoiced, and collected by Company during the Representative Period, and shall be subject to returns which may be accepted by Company in its sole discretion.
Following the exhaustion of the Representative Expense Fund and the expiration of the Representative Period and the resolutions of all pending claims related thereto (and, for the avoidance of doubt, at no time prior thereto), the Representative shall have the right to recover Representative Expenses from the Escrow Fund prior to any distribution to the Equity Holders.
At the conclusion of the Chatham Representative Period, no further obligation shall exist to cause the Chatham Representative to remain a member of the Company’s Board of Directors.
Upon the expiration of the Representative Period, the remaining amount of cash, if any, constituting the Representative Expense Fund shall be distributed to the Equity Holders by the Representative.
No later than March 31, 1999, BDO Seid▇▇▇, ▇▇P shall calculate EBT for the EBT Representative Period.
The Purchase Price payable in accordance with Section 4.1 herein shall be adjusted in the event that EBT during the EBT Representative Period does not exceed $700,000.