Expiration of Obligations. The obligations of the Company to register Registrable Shares pursuant to Section 2 of this Agreement shall expire on the first to occur of (i) the date when the holder of such shares shall be able to sell its Registrable Shares under Rule 144, or (ii) when no Registrable Shares are outstanding.
Expiration of Obligations. The non-competition and non-solicitation covenants contained in this Article IX shall terminate and be of no further force and effect after the tenth anniversary of the Separation Date, provided that such covenants may be terminated immediately by either Party upon written notice in the event that an Insolvency Event occurs with respect to the other Party. However, in the event that either HXXX or HBIO abandons any particular product or products, it shall so notify the other Party in writing within sixty (60) days thereof, at which time the non-competition covenants of this Article IX shall expire, terminate and be of no further force and effect with respect to such abandon product or products. For purposes of this Agreement, a Party will be deemed to have abandoned a product or products if it is no longer actively involved in developing, marketing, selling or distributing such product or products.
Expiration of Obligations. The Parties’ obligation under this Section 6 will expire and no longer be in effect on and after the last day of the Non-Compete Period (as defined in Section 13) with respect to the Work Product, and will expire and no longer be in effect on and after the expiration of this Agreement with respect to all other Confidential Information.
Expiration of Obligations. The obligations of each of the parties under this deed shall expire and cease to be of any further effect, and no party shall have any liability to any other party under this deed, upon the later to occur of:
Expiration of Obligations. All obligations of confidentiality and all restrictions on the use of Confidential Information under this Agreement shall remain in effect for a period of three (3) years following the Effective Date, and with respect to Confidential Information that constitutes a trade secret under applicable law, for as long as such information remains a trade secret. Such time period may be extended upon written agreement of the Parties. In the event Prospective Buyer acquires a Gas Station Opportunity, this Agreement shall (i) remain in effect with respect to the remaining Gas Station Opportunities and (ii) terminate with respect to the acquired Gas Station Opportunity by Prospective Buyer, except that in all cases protection for Confidential Information identified by Broker as trade secrets will not terminate until such time as trade secret protection ceases. This Section 9 shall survive the termination of this Agreement.
Expiration of Obligations. Chipotle's obligations under this Agreement shall cease after the Term. WHEREFORE, Chipotle and NJ DOL, intending to be bound by this Settlement Agreement, through their signatories below, certify that they are fully authorized to enter into this Settlement Agreement and execute this document on behalf of NJ DOL and Chipotle, to bind NJ DOL and Chipotle to the terms and conditions of this Agreement. * * Signatures to Follow * * Date: September 15, 2022 Xxxxxx Xxxxxxxx, Assistant Commissioner Department of Labor, Division of Wage and Hour Compliance On behalf of NJ DOL Xxxxxxx XxXxxx Xxxxxxx XxXxxx Deputy General Counsel On behalf of Chipotle 9/15/2022 Dated 9/15/2022 Dated Signature: }f/cftaef /vfc(jt{/J//1 Xxxxxxx X<G>wn (Sep 1.5, 1022 09:57 PDT) Email: xxxxxxx@xxxxxxxx.xxx
Expiration of Obligations. The foregoing obligations contained in this Article VI (but not any outstanding payment obligations under this Article VI (which shall be paid in full in cash upon consummation of the Initial Public Offering) and the obligations contained in Section 6.5) shall terminate upon the consummation of an Initial Public Offering.
Expiration of Obligations. The confidentiality and other obligations of Prometheus under this Agreement shall expire five (5) years after the termination of the Observer Rights under the Stock Purchase Agreement.
Expiration of Obligations. A Receiving Party’s obligations pursuant to this Article 4 will expire three (3) years after the expiration or termination of this Agreement.
Expiration of Obligations. All obligations of confidentiality and all restrictions on the use of Proprietary Information under this Agreement are to remain in effect for a period of five (5) years following the date of disclosure for Confidential Information, and with respect to Trade Secrets under applicable law, for as long as such information remains a Trade Secret. Such time period may be extended upon written agreement of the parties.
