Common Contracts

2 similar Exclusive Reseller Agreement contracts by Brand Engagement Network Inc., DHC Acquisition Corp.

EXCLUSIVE RESELLER AGREEMENT (SAAS)
Exclusive Reseller Agreement • March 20th, 2024 • Brand Engagement Network Inc. • Services-computer integrated systems design • Texas

Upon the achievement of an Earnout Threshold for the first time, on the day the Board (as defined below) has determined the Earnout Threshold has been achieved (as further described below) for a particular Warrant Tranche, then the corresponding Warrant Tranche shall become exercisable for a three-year period (any three year period, an “Exercise Period”). Any Warrant Tranche that is not exercised, in whole or in part, within the corresponding Exercise Period shall expire and Reseller shall no longer be permitted to exercise such Warrant Tranche.

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EXCLUSIVE RESELLER AGREEMENT (SAAS)
Exclusive Reseller Agreement • September 8th, 2023 • DHC Acquisition Corp. • Blank checks • Texas

Upon the achievement of an Earnout Threshold for the first time, on the day the Board (as defined below) has determined the Earnout Threshold has been achieved (as further described below) for a particular Warrant Tranche, then the corresponding Warrant Tranche shall become exercisable for a three-year period (any three year period, an “Exercise Period”). Any Warrant Tranche that is not exercised, in whole or in part, within the corresponding Exercise Period shall expire and Reseller shall no longer be permitted to exercise such Warrant Tranche.

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