Additional Consortium Members. The Parties may agree to admit one or more additional members (the “Additional Members”) of the Consortium which will provide equity capital and/or debt financing to the Consortium for the consummation of the Transaction. Any additional member admitted to the Consortium shall execute an adherence agreement to this Agreement in the form attached hereto as Schedule B (the “Adherence Agreement”) and, upon its execution of the Adherence Agreement, such additional member shall become an Additional Member for the purposes of this Agreement.
Additional Consortium Members. The Consortium Members may agree to admit one or more additional Consortium Members which will provide equity capital to the Consortium Members for the consummation of the Transaction. Such additional Consortium Members shall execute a deed of adherence to this Agreement in form and substance satisfactory to the Consortium Members.
Additional Consortium Members. The Senior Management Member Representative (as defined below) and IDG may agree to admit one or more such additional members to the Consortium as Parties, provided that (i) to the extent such new Party’s admission will dilute IDG’s ownership percentage in Holdco, IDG’s ownership percentage in Holdco shall not be lower than 80% of such percentage as currently set forth in Schedule A unless consented to by IDG in writing; and (ii) any such additional Party executes a joinder agreement in a form and substance satisfactory to the Senior Management Member Representative and IDG for such new Party to become a member of the Consortium.
Additional Consortium Members. Following the Effective Date, additional parties may be added to this Agreement at any time by vote of a majority of the then Consortium Members, which majority must include WSGI (a “Majority”). To become a Consortium Member, such party will sign (i) a signature page to this Agreement in the Form of Exhibit A hereto, and (ii) the Nondisclosure Agreement in the Form of Exhibit B hereto.
Additional Consortium Members. To facilitate an open membership policy the membership application and approval process described herein may take place throughout the Sponsor(s) Fiscal Year. Membership applications are submitted through the SOSSEC Consortium website (xxx.xxxxxxxxxxxxxxxx.xxx) may be submitted by interested parties from time to time throughout the year. Membership applications, which are not in the form identified and processed through the website, will not be processed and organizations submitting such non-conforming applications will be required to reapply. Valid membership applications will be promptly reviewed and approved or disapproved by SOSSEC Inc. All Additional Consortium Members shall become a party to this Agreement by executing a counterpart hereof, as well as become a party to the OT Agreement.
Additional Consortium Members. To facilitate an open membership policy, the membership application and approval process described herein may take place throughout the Sponsor’s Fiscal Year. Membership applications are submitted through the SOSSEC Consortium website (xxxxx://xxxxxxxxx.xxx) throughout the year. Membership applications, must be submitted through the SOSSEC Inc website.
Additional Consortium Members. In accordance with Section 1.03 of the Agreement, the Parties agree to admit XxXxxx-Xxxx, WCL and Young as additional members to the Consortium. On the date of the Amendment, XxXxxx-Xxxx, WCL and Young shall execute a deed of adherence in the form attached hereto as Exhibit I.
Additional Consortium Members. JNKI, IDG and Jolmo may agree to admit one or more additional members (the “Additional Members”) of the Consortium which will provide equity capital and/or debt financing to the Consortium for the consummation of the Transaction. Any additional member admitted to the Consortium shall execute an adherence agreement to this Agreement in the form attached hereto as Schedule B (the “Adherence Agreement”) and, upon its execution of the Adherence Agreement, such additional member shall become an Additional Member for the purposes of this Agreement.
Additional Consortium Members. For additional Consortium members in excess of three (3) members, up to and including six (6) members, Xxxxxxxx will receive the following payment increases: (a) the minimum annual royalty in Section 4.1 will be increased by [...*** ...] per new member to a maximum of [...***...], with [...***...] paid at signing or renewal of the Agreement, and [...***...] paid at delivery of the Data Set or Updates; (b) the product royalty in Section 4.2 will be increased by [...***...] per new member to a maximum of [...***...]; and (c) the service use royalty in Section 4.3 will be increased by [...***...] per new member to a maximum of [...***...]. These increased payments will apply only to minimum annual royalties, annual Customer subscription license royalties, or Customer consulting project royalties accrued after the Data Set has been contributed to by such added Consortium member(s).
Additional Consortium Members. The Sponsor shall take the lead in identifying and admitting any potential additional members and may admit such additional members to the Consortium with the consent of the Senior Management Member Representative, which consent shall not be unreasonably withheld or delayed, provided that the Sponsor may admit one or more limited partners of the Sponsor or its Affiliates to the Consortium as additional members without such consent. Any such additional member of the Consortium shall, as determined by the Sponsor, either (a) execute a Joinder Agreement in the form and substance attached hereto as Exhibit A for such additional member to become a member of the Consortium as a Senior Management Member, or (b) execute a joinder agreement in a form and substance satisfactory to the Sponsor for such additional member to become a member of the Consortium that is not a Senior Management Member, provided in the case of clause (b) that the terms and conditions of any such joinder agreement applicable to such additional member shall be no less favorable to the Senior Management Members than the terms and conditions of this Agreement applicable to the Sponsor.
