Common use of Events Upon Termination and Expiration Clause in Contracts

Events Upon Termination and Expiration. Upon the termination of this Agreement by On2 on account of an uncured material breach by E-world or NT, without prejudice to any other rights that On2 may have, the following will occur: 11.2.1 E-world will immediately cease all use and distribution of the Software, Optimized Code and any On2 Confidential Information. 11.2.2 E-world will immediately return to On2, or destroy, all copies of the Software, Optimized Code, On2 Confidential Information, and all documentation created under this agreement in its possession or control. Upon written request from On2, E-world will promptly provide On2 with a written certification of E-world's compliance with the foregoing. 11.2.3 E-world shall have no further right to market, sell or license any EVD/HDTV Products that contain any Software or Optimized Code.

Appears in 2 contracts

Samples: Source Code License and Software Distribution Agreement (On2 Technologies Inc), Source Code License and Software Distribution Agreement (On2 Technologies Inc)

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Events Upon Termination and Expiration. Upon the termination of this Agreement by On2 on account of an uncured material breach by E-world or NT, without prejudice to any other rights that On2 may have, the following will occur: 11.2.1 E-world will immediately cease all use and distribution of the Software, Optimized Code and any On2 Confidential Information. 11.2.2 E-world will immediately return to On2, or destroy, all copies of the Software, Optimized Code, On2 Confidential Information, and all documentation created under this agreement in its possession or control. Upon written request from On2, E-world will promptly provide On2 with a written certification of E-world's compliance with the foregoing. 11.2.3 E-world shall have no further right to market, sell or license any Non-EVD/HDTV Products that contain any Software or Optimized Code.

Appears in 2 contracts

Samples: Source Code License and Software Distribution Agreement (On2 Technologies Inc), Source Code License and Software Distribution Agreement (On2 Technologies Inc)

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