Common use of Post-Distribution Services Clause in Contracts

Post-Distribution Services. The Parties recognize that legal and other professional services will be provided following the Distribution to the Alliqua Group Members and to AquaMed. The Parties further recognize that certain of such post-Distribution services will be rendered solely for the benefit of one or more Alliqua Group Members or AquaMed, as the case may be, while other post-Distribution services may be rendered with respect to Proceedings, disputes, or other matters which involve both Alliqua Group Members and AquaMed. With respect to such post-Distribution services and related Privileged Information, the Parties agree as follows: (i) All Privileged Information relating to any claims, Proceedings, disputes, or other matters which involve both an Alliqua Group Member and AquaMed shall be subject to a shared Privilege among the Alliqua Group Members and AquaMed involved in the claims, Proceedings, disputes, or other matters at issue; and (ii) Except as otherwise provided in Section 6.4(b)(i), Privileged Information relating to post-Distribution services provided solely to one or more Alliqua Group Members or AquaMed shall not be deemed shared between the Alliqua Group and AquaMed; provided, that the foregoing shall not be construed or interpreted to restrict the right or authority of the Alliqua Group Members and AquaMed (x) to enter into any further agreement, not otherwise inconsistent with the terms of this Agreement, concerning the sharing of Privileged Information or (y) otherwise to share Privileged Information without waiving any Privilege which could be asserted under applicable law.

Appears in 4 contracts

Samples: Asset Contribution and Separation Agreement (Adynxx, Inc.), Asset Contribution and Separation Agreement (AquaMed Technologies, Inc.), Distribution Agreement (AquaMed Technologies, Inc.)

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Post-Distribution Services. The Parties recognize that legal and other professional services will be provided following the Distribution Time to each of Inpixon and the Alliqua Group Members and to AquaMedCXApp Parties. The Parties further recognize that certain of such post-Distribution services will be rendered solely for the benefit of one Inpixon or more Alliqua Group Members or AquaMedthe CXApp Parties, as the case may be, while other such post-Distribution services may be rendered with respect to Proceedingsclaims, proceedings, litigation, disputes, or other matters which involve both Alliqua Group Members Inpixon and AquaMedthe CXApp Parties. With respect to such post-Distribution services and related Privileged Information, the Parties agree as follows: (i) All Privileged Information relating to any claims, Proceedingsproceedings, disputeslitigation, disputes or other matters which involve both an Alliqua Group Member Inpixon and AquaMed the CXApp Parties shall be subject to a shared Privilege among the Alliqua Group Members and AquaMed Parties involved in the claims, Proceedingsproceedings, litigation, disputes, or other matters at issue; and (ii) Except as otherwise provided in Section 6.4(b)(i6.7(c)(i), Privileged Information relating to post-Distribution services provided solely to one of Inpixon or more Alliqua Group Members or AquaMed the CXApp Parties shall not be deemed shared between the Alliqua Group and AquaMed; Parties, provided, that the foregoing shall not be construed or interpreted to restrict the right or authority of the Alliqua Group Members and AquaMed Parties (x) to enter into any further agreement, not otherwise inconsistent with the terms of this Agreement, concerning the sharing of Privileged Information or (y) otherwise to share Privileged Information without waiving any Privilege which could be asserted under applicable lawLaw.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (KINS Technology Group, Inc.), Separation and Distribution Agreement (Inpixon)

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