VNE definition
Examples of VNE in a sentence
VNE INVESTMENT COMPANY LIMITED ) TONG DA HOLDINGS (BVI) LIMITED ) TONGDA OVERSEAS CO., LTD.
This Amendment shall become binding when any one or more counterparts hereof, individually or taken together, bear the signatures of authorized representatives of each of VNI, VNE and Converge.
For clarity, the number of Approved VNE Representatives shall be no less than [*], and thereafter as meaningfully engaged with Velodyne.
On [⚫], VNE Investment Company Limited and Tong Da Holdings (BVI) Limited, shareholders of Tongda Overseas Co., Ltd.
This Amendment shall be binding upon, and shall inure to the benefit of, VNI, VNE and Converge and their respective successors and permitted assigns.
On Schedule 1 attached hereto, Veoneer has provided to Velodyne a list of employees that are currently approved to receive Trade Secret information, [*] (hereinafter, the “Approved VNE Representatives”).
If Velodyne provides information or materials to any Approved VNE Representatives and such information, given the nature and type is such that a reasonable person should understand the information to be Velodyne confidential information, such information shall be treated as a Velodyne Trade Secret by Veoneer, regardless of whether such information or materials are labeled as “Velodyne Confidential”.
Should Converge wish to negotiate the terms of the Proposed SOW, the Converge Project Manager and the VNE Project Manager shall promptly and in good faith discuss and agree upon what revisions, if any, should be made to the Proposed SOW.
If such contract is related to Zenuity US or Veoneer and Z2Co or VCC jointly, VNE and Z2Co shall each pay 50% of such earn-out payment.
Converge shall pay to VNE a minimum fee of Three Million Dollars ($3,000,000) for VNE's provision of the Services during the balance of the Initial Term from February 1, 2002 through December 31, 2003 (the "Initial Term Minimum Fee").