Zedge definition
Examples of Zedge in a sentence
All notices to the Company shall be addressed to it at: Zedge, Inc.
If, in the course of providing or arranging for Services hereunder, IDT identifies a conflict of interest that would lead a reasonable person to conclude that IDT cannot act in the best interests of Zedge while also acting in the best interests of IDT, such conflict shall immediately be reported to Zedge so that it may be addressed without prejudice to either Party.
If, pursuant to this Agreement, Zedge makes a remittance to IDT of any Retained Liability Tax Benefit and all or part of such Retained Liability Tax Benefit is subsequently disallowed, IDT will promptly pay to Zedge that portion of such remittance equal to the portion of the Retained Liability Tax Benefit that is disallowed.
IDT shall cooperate fully in the transition back to Zedge of any and all matters related to the terminated Services such that Zedge shall not be prejudiced by such termination (but IDT shall not be required to bear any out-of-pocket costs for such transition unless Zedge shall agree to reimburse it for the same).
In particular, the department of a Party providing the Services shall in no way make any information concerning Zedge available to any other management or operational department or division of such Party or to personnel associated with such divisions or departments except to the extent approved in writing by the other Party.
Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Zedge, Inc.
After the Distribution, this Agreement may not be terminated except by an agreement in writing signed by the Parties; provided, however, that Article VI shall not be terminated or amended after the Distribution in respect of any IDT Indemnitee or Zedge Indemnitee without the consent of such Person.
IDT and Zedge shall undertake to provide and utilize the Services in accordance with and adhere to all laws and governmental rules, regulations and orders applicable at the place where Services are rendered, including without limitation, data protection regulations.
To the extent permitted by law or administrative practice with respect to other Income Tax Returns, the taxable period relating to Zedge or the Zedge Business shall be treated as ending on the Distribution Date, and if the taxable period does not, in fact, end on the Distribution Date, the Parties shall apportion all tax items between the portions of the taxable period before and after the Distribution Date on the Closing of the Books Method.
Zedge shall give each Zedge Participant full credit for purposes of eligibility, vesting, determination of level of benefits, and, to the extent applicable, benefit accruals under any Zedge Benefit Plan, respectively, for such Zedge Participant’s service with any member of the IDT Group to the same extent such service was recognized by the applicable IDT Benefit Plans; provided, that such service shall not be recognized to the extent that such recognition would result in the duplication of benefits.