Rights Remain with Company Sample Clauses

Rights Remain with Company. In the event of a Transfer by a Member, (i) the obligations of the Company under the LLC DMR License Agreement, the MI VSC License Agreement, the TMS VSC License Agreement and the Escrow Agreement shall remain in full force and effect, (ii) all licenses and grants made by the Transferring Member to the Company shall remain in full force and effect, and (iii) prior to such Transfer, the Transferring Member shall have complied in full with its obligations under Section 7.5. In the event of a Transfer by TMS, MI shall have the right to perform the TMS obligations under Article VII in accordance with the terms of Section 5.2.
Sample 1
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Rights Remain with Company. In the event of a Buy-Sell Event by a Member or a Member ceases to be a Member pursuant to 18-304 of the Act, (i) the obligations or rights of the Company and Members under the MI VSC License Agreement, the TMS VSC License Agreement, the LLC DMR License Agreement and the Escrow Agreement shall remain in full force and effect, and (ii) all licenses and grants made by the Withdrawing Member to the Company shall remain in full force and effect. In the event of a Buy-Sell Event by TMS, the terms of Section 7.3.5 shall apply.
Sample 1

Related to Rights Remain with Company

  • Cooperation with Company Holders will cooperate with the Company in all respects in connection with this Agreement, including, timely supplying all information reasonably requested by the Company and executing and returning all documents reasonably requested in connection with the registration and sale of the Registrable Securities.

  • Service with Company During the Term, Employee agrees to perform such duties and responsibilities as are assigned to him from time to time by Company’s Chief Executive Officer (the “CEO”) and/or Board of Directors (the “Board”).

  • Termination in Connection with Change of Control If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason within sixty (60) days prior to or twelve (12) months following a Change of Control, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:

  • Termination in Connection with Change in Control a. This Agreement terminates if it is not assumed by the successor corporation (or affiliate thereto) upon a Change in Control (as defined below).

  • Cooperation With Company After Termination of Employment Following termination of Executive’s employment for any reason, Executive shall fully cooperate with the Company in all matters relating to the winding up of Executive’s pending work including, but not limited to, any litigation in which the Company is involved, and the orderly transfer of any such pending work to such other employees as may be designated by the Company.

  • Termination of Relationship with the Company If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.

  • Cooperation With the Company After Termination of Employment Following termination of the Executive’s employment for any reason, upon request by the Company, Executive will fully cooperate with the Company (at the Company’s reasonable expense) in all matters reasonably relating to the winding up of pending work including, but not limited to, any litigation in which the Company is involved, and the orderly transfer of any such pending work to such other employees as may be designated by the Company.

  • Employment with Subsidiaries Employment with the Company for purposes of this Agreement shall include employment with any Subsidiary.

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

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