Each Broker Shareholder’s Rights Sample Clauses

Each Broker Shareholder’s Rights. Each Shareholder hereby grants to the Company a non-exclusive, perpetual (subject to Section 17.6), royalty free, sub-licensable, non-transferable (except in the case of a sale of the Company, wherein it will be transferable), worldwide license to include in the System the Listing Data entered by the Broker Shareholder into the System, and to permit the Company to license use of, or access to, the Broker Shareholder’s Listing Data, or any derivative works created by the Company into which the Broker Shareholder’s Listing Data is incorporated or utilized, in whole or in part, in conjunction with the Company’s license of access to, or use of, content of the System or any portion or component thereof, on terms and conditions deemed appropriate by the Board of Managers, subject to the Broker Shareholders’s right to withhold Listing Data from any particular license granted by the Company for uses unrelated to offering the service of the Company.
Sample 1
AutoNDA by SimpleDocs
Each Broker Shareholder’s Rights. Each Shareholder hereby grants to the Company a non-exclusive, perpetual (subject to Section 17.6), royalty free, sub-licensable, non-transferable (except in the case of a sale of the Company, wherein it will be transferable), worldwide license to include in the System the Listing Data entered by the Broker Shareholder into the System, and to permit the Company to license use of, or access to, the Broker Shareholder’s Listing Data, or any derivative works created by the Company into which the Broker Shareholder’s Listing Data is incorporated or utilized, in whole or in part, in conjunction with the Company’s license of access to, or use of, content of the System or any portion or component thereof, on terms and conditions deemed appropriate by the Board of Managers, subject to the Broker Shareholders’s right to withhold Listing Data from any particular license granted by the Company for uses unrelated to offering the service of the Company. C ompany Rights . As between or among the Company and the Shareholders, the Company, or its third party licensor(s), claims all Intellectual Property Rights and proprietary rights in and to the Software that provides the applications and functionality available on or through the System, and any updates, revisions, or modifications to the Software, and to the manner in which the Listing Data, or any other data, text or images, in the System Database are arranged and displayed to end users. The Shareholders hereby acknowledge the Company’s Intellectual Property Rights as claimed herein and agree not to contest such claims, nor assist others in doing so. Unless determined otherwise by the Board of Managers, all works specifically related to, or specifically incorporated into, the System that are created by employees or agents of any Shareholder for use or incorporation in the System shall be deemed to be “works made for hire” as that term is defined under the United States Copyright Law, or alternatively, the Shareholder(s), and the Shareholders(s)’ employees/contractors who created such works, shall convey to the Company all Intellectual Property Rights in and to such works, and shall execute all necessary documents and instruments to effect such conveyance. All contracts entered into by the Company that include the creation of copyrightable or patentable works for the Company shall include all necessary provisions to insure that the Company owns all Intellectual Property Rights associated with such works, unless otherwis...
Sample 1

Related to Each Broker Shareholder’s Rights

  • Shareholder's Rights The Optionee shall have shareholder rights with respect to the Option shares only when Optionee has exercised this Option to purchase those shares and provided the Company with the letter of instruction specified in Section 4 of this Option.

  • Shareholders Rights Plan No claim will be made or enforced by the Company or any other Person that any Purchaser is an “Acquiring Person” under any shareholders rights plan or similar plan or arrangement in effect or hereafter adopted by the Company, or that any Purchaser could be deemed to trigger the provisions of any such plan or arrangement, by virtue of receiving Securities under the Transaction Documents or under any other agreement between the Company and the Purchasers.

  • Rights of a Shareholder Employee shall have no rights as a shareholder with respect to any shares covered by this Agreement until the date of issuance of a stock certificate to him for such shares. Except as otherwise provided herein, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

  • No Rights of a Shareholder The Participant shall not have any rights as a shareholder of the Company until the Shares in question have been registered in the Company’s register of shareholders.

  • Rights of a Stockholder Prior to the time a Restricted Share is fully vested hereunder, the Employee shall have no right to transfer, pledge, hypothecate or otherwise encumber such Restricted Share. During such period, the Employee shall have all other rights of a stockholder, including, but not limited to, the right to vote and to receive dividends (subject to Section 2(a) hereof) at the time paid on such Restricted Shares.

  • Shareholder Rights With respect to the foreign securities held pursuant to this Section 4, the Custodian will use reasonable commercial efforts to facilitate the exercise of voting and other shareholder rights, subject always to the laws, regulations and practical constraints that may exist in the country where such securities are issued. The Fund acknowledges that local conditions, including lack of regulation, onerous procedural obligations, lack of notice and other factors may have the effect of severely limiting the ability of the Fund to exercise shareholder rights.

  • No Rights of a Stockholder The Participant shall not have any of the rights of a stockholder with respect to the Shares subject to the Restricted Stock Units until such Shares have been issued.

  • No Stockholder Rights This Warrant in and of itself shall not entitle the Holder to any voting rights or other rights as a stockholder of the Company.

  • Stockholder Rights The holder of this option shall not have any stockholder rights with respect to the Option Shares until such person shall have exercised the option, paid the Exercise Price and become a holder of record of the purchased shares.

  • Voting Rights as a Stockholder Subject to the terms of the Insider Letter described in Section 4.4 hereof and except as herein provided, the Initial Stockholders shall retain all of their rights as stockholders of the Company during the Escrow Period, including, without limitation, the right to vote such shares.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!