Alliance Formation; Purpose Sample Clauses

Alliance Formation; Purpose. The Parties hereby form the Alliance with the primary purpose of developing the Platform (a) to facilitate the marketing and sale of AQP Products, including GALT’s proprietary bottled water product based on research related to aquaporins (the “AQPWaterTM”); (b) to identify opportunities to enable the Parties to jointly market the Platform and the AQP Products; (c) to sell licenses to clients providing for access to the Platform (the “Membership”) on the terms and subject to the conditions set forth in this Agreement.
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Related to Alliance Formation; Purpose

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  • Allocation of Registration Opportunities In any circumstance in which all of the Registrable Securities and other shares of the Company with registration rights (the “Other Shares”) requested to be included in a registration contemplated by Section 2(a) cannot be so included as a result of limitations of the aggregate number of shares of Registrable Securities and Other Shares that may be so included, the number of shares of Registrable Securities and Other Shares that may be so included shall be allocated among the Holders and Other Shareholders requesting inclusion of shares pro rata on the basis of the number of shares of Registrable Securities and Other Shares held by such Holders and Other Shareholders; provided, however, that such allocation shall not operate to reduce the aggregate number of Registrable Securities and Other Shares to be included in such registration, if any Holder or Other Shareholder does not request inclusion of the maximum number of shares of Registrable Securities and Other Shares allocated to such Holder or Other Shareholder pursuant to the above-described procedure, then the remaining portion of such allocation shall be reallocated among those requesting Holders and Other Shareholders whose allocations did not satisfy their requests pro rata on the basis of the number of shares of Registrable Securities and Other Shares which would be held by such Holders and Other Shareholders, assuming conversion, and this procedure shall be repeated until all of the shares of Registrable Securities and Other Shares which may be included in the registration on behalf of the Holders and Other Shareholders have been so allocated.

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