Continuing Rights to Joint Working Results upon Termination Sample Clauses

Continuing Rights to Joint Working Results upon Termination. In the event of the election by both Parties to mutually terminate this Agreement prior to the expiration of the Term, the Steering Committee shall meet to determine in good faith the equitable treatment and disposition of the continuing rights of the Parties to any Joint Working Results. The Steering Committee shall consider all relevant factors in making any allocations of the of the Joint Working Results, current research and development program of each Party incorporating the Joint Working Results, existing and future potential royalty streams, pending and prospective patent applications. In the event that the Steering Committee is unable to reach a determination of the Parties’ respective rights, the Parties may refer the issue to the intellectual property mediator for resolution pursuant to the mechanism provided for in Item D.9. In the event of a termination of this Agreement arising out of a material breach by one of the Parties hereto, the Party who commits the material breach shall forfeit all rights it may have to any Joint Working Results. If the Parties dispute the existence of a material breach, the Parties shall refer the matter to arbitration as provided for in Item D.9.
Sample 1Sample 2
AutoNDA by SimpleDocs
Continuing Rights to Joint Working Results upon Termination. In the event of the election by both Parties to mutually terminate this Agreement prior to the expiration of the Term, the Steering Committee shall meet to [...***...]. The Steering Committee shall consider all relevant factors [...***...]. In the event that the Steering Committee is unable to reach a determination of the Parties’ respective rights, the Parties may refer the issue to the intellectual property mediator for resolution pursuant to the mechanism provided for in Item D.9. In the event of a termination of this Agreement arising out of a material breach by one of the Parties hereto, [...***...]. If the Parties dispute the existence of a material breach, the Parties shall refer the matter to arbitration as provided for in Item D.9.
Sample 1Sample 2

Related to Continuing Rights to Joint Working Results upon Termination

  • Rights on Termination (a) If during the Service Term Executive’s employment is terminated under Section 5 above (x) by the Company without Cause or (y) by Executive with Good Reason, then:

  • Events Upon Termination Upon the expiration or termination of this Agreement for any reason, both parties shall immediately remove all links to the other party's Content and website(s) and cease all use of the other party's Marks and any and all use of any kind whatsoever of the other party's Content.

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

  • Payments Upon Termination (a) In the event the Employee’s employment is terminated pursuant to Section 4.1, Section 4.2, Section 4.4 or Section 4.6, the Company shall pay to the Employee the compensation and benefits otherwise payable to him or her under Sections 3.1 and 3.4 through the last day of his or her actual employment by the Company.

  • Actions Upon Termination Upon the termination of this Agreement, Issuer shall remove all references to any ODB Name, Branding and Content from the Issuer Site or Issuer Content and terminate all links on the Issuer Site to any ODB Site. ODB shall remove all references to Issuer Name, Branding and Content and terminate all links on the ODB Site to any Issuer Site. Each Party shall promptly return all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to the other Party, except as may be otherwise provided in this Agreement or required by Law.

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Rights and Payments Upon Termination The Executive’s right to compensation and benefits for periods after the date on which his employment with the Company terminates for whatever reason (the “Termination Date”), shall be determined in accordance with this Section 6 as follows:

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Deliveries Upon Termination Upon termination of this Agreement, ALPS agrees to cooperate in the orderly transfer of distribution duties and shall deliver to the Fund or as otherwise directed by the Fund (at the expense of the Fund) all records and other documents made or accumulated in the performance of its duties for the Fund hereunder. In the event ALPS gives notice of termination under this Agreement, it will continue to provide the services contemplated hereunder after such termination at the contractual rate for up to 120 days, provided that the Fund uses all reasonable commercial efforts to appoint such replacement on a timely basis.

  • Benefits Upon Termination If the Executive’s employment by the Company is terminated during the Period of Employment for any reason by the Company or by the Executive, or upon or following the expiration of the Period of Employment (in any case, the date that the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits except as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.