Termination of License Agreement or Sales Agency and Marketing Agreement Sample Clauses

Termination of License Agreement or Sales Agency and Marketing Agreement. If, at the initiative of Compositech, the License Agreement or the Sales Agency and Marketing Agreement is terminated or not renewed, the Shareholders hereby agree and undertake to determine or have determined, within thirty (30) days of such termination or non-renewal, the Fair Market Value of the Shares as of the date of such termination or non-renewal, (which Fair Market Value shall, at the request of a Selling Investor (as hereinafter defined), be determined as if the License Agreement and/or the Sales Agency and Marketing Agreement was/were still in force). Notwithstanding the provisions of Sections 14 and 15, each Investor (the "Selling Investor") shall, after such determination, have the option, at any time, to sell to Compositech, which shall have the obligation to purchase, its Shares at a price per share equal to such Fair Market Value of said Shares, the whole in addition to the Selling Investor's right to exchange its Shares for shares of Compositech Common Stock.
Sample 1
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Related to Termination of License Agreement or Sales Agency and Marketing Agreement

  • Termination of License Agreement Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.

  • Xxxxxx Agreement Xxxx Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreement, written or oral, with respect thereto.

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

  • Marketing Agreement The Company shall have entered into, ------------------- executed and delivered the Marketing Agreement.

  • Service Agreement The Trustees may in their discretion from time to time enter into service agreements with respect to one or more Series or Classes of Shares whereby the other parties to such Service Agreements will provide administration and/or support services pursuant to administration plans and service plans, and all upon such terms and conditions as the Trustees in their discretion may determine.

  • Manufacturing Agreement Each of the Sellers (as applicable) shall have executed and delivered to the Buyer the Manufacturing Agreement with respect to the portion of the Business conducted at the applicable Facility.

  • Collaboration Agreement The Collaboration Agreement shall not have been terminated in accordance with its terms and shall be in full force and effect.

  • Supply Agreement Buyer shall have executed and delivered the Supply Agreement to the Company.

  • Sublicense Agreements Sublicenses shall be granted only pursuant to written agreements, which shall be subject and subordinate to the terms and conditions of this Agreement. Such Sublicense agreements shall contain, among other things, provisions to the following effect:

  • Software License Agreement McDATA agrees that all Licensed Software will be distributed to Customers subject to a Software License Agreement (including warranty statement), along with a McDATA Manual, in a manner which is (a) no less protective of BROCADE's Intellectual Property Rights in the Licensed Software than the form attached hereto as Exhibit D, and (b) legally enforceable in the jurisdictions in which the Licensed Software, as incorporated into the McDATA Products, is distributed.

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