TO PLANETLINXS Sample Clauses

TO PLANETLINXS. Following execution of this Agreement and the incorporation of GSI, PlanetLinxs International, Inc., a BVI corporation, shall be issued an amount of Founders Stock equivalent to three percent (3%) of the initial issued and outstanding stock of the GSI corporation in consideration for the services provided by PlanetLinxs in connection with the organization of the GSI Joint Venture. When so issued to PlanetLinxs, the Founders Stock shall be considered fully paid and nonassessable, and shall be represented by a certificate or certificates issued in accordance with PlanetLinxs' instructions and duly authorized by the GSI Board of Directors. All Founders Stock shall be subject to the antidilution protection set forth in Section 2.3.
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Related to TO PLANETLINXS

  • SERVICE XXXX USE A. Controlled Affiliate recognizes the importance of a comprehensive national network of independent BCBSA licensees which are committed to strengthening the Licensed Marks and Name. The Controlled Affiliate further recognizes that its actions within its Service Area may affect the value of the Licensed Marks and Name nationwide.

  • Technology For purposes of this Agreement, “Technology” means all Software, information, designs, formulae, algorithms, procedures, methods, techniques, ideas, know-how, research and development, technical data, programs, subroutines, tools, materials, specifications, processes, inventions (whether or not patentable and whether or not reduced to practice), apparatus, creations, improvements and other similar materials, and all recordings, graphs, drawings, reports, analyses, and other writings, and other embodiments of any of the foregoing, in any form or media whether or not specifically listed herein. Further, for purposes of this Agreement, “Software” means any and all computer programs, whether in source code or object code; databases and compilations, whether machine readable or otherwise; descriptions, flow-charts and other work product used to design, plan, organize and develop any of the foregoing; and all documentation, including user manuals and other training documentation, related to any of the foregoing.

  • Ownership of Software and Related Materials All computer programs, written procedures and similar items developed or acquired and used by the Administrator in performing its obligations under this Agreement shall be the property of the Administrator, and no Series will acquire any ownership interest therein or property rights with respect thereto.

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  • Licensed Software Section 3.17(f).......................................27

  • Licensed Technology The term "Licensed Technology" shall mean the ------------------- Licensed Patents, plus all improvements thereto developed by Licensor, and all related data, know-how and technology.

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