Common Contracts
1 similar Agreement Containing Consent Order contracts
AGREEMENT CONTAINING CONSENT ORDERAgreement Containing Consent Order • August 13th, 2002
This is to inform you that, pursuant to an order of the Federal Trade Commission, MSC.Software Corporation (“MSC”) is required to allow certain of its customers under a contract or license for a term longer than one year for MSC.Nastran, or for multiple MSC products including MSC.Nastran, to terminate or rescind such contract or license in whole or in part in order to deal with [Acquirer]. Accordingly, if and when you license a version of Nastran from [Acquirer], you have a right to terminate your contract or currently existing amendments to your contract as it relates to MSC.Nastran regardless of the termination date specified in that contract or amendment. There will be no charge or other fee in connection with this early termination. In addition, MSC may be required to refund or return a pro rata portion of the consideration paid in advance for MSC.Nastran under your contract or license. The amount of advance consideration allocable to MSC.Nastran under the customer’s contract or li
