Business Venture definition
Examples of Business Venture in a sentence
Any other agreement that requires an ownership interest in the Business Venture and related intellectual property to be transferred to a third party must be agreed upon by each Founder.
SESI shall have sole discretion with respect to the Business Venture.
If a matter arises that pertains to the Business Venture and requires a majority vote in order to proceed, voting powers shall align with the distribution of each Founder's percentage of shares.
Each Founder shall grant and assign all of his or her right, title, and interest in the Business Venture to the Company, including all ideas (however formed or unformed) and work product that results from any task performed by the Founder for the full term of this agreement.
The Parties agree to furnish upon request to each other such further information, to execute and deliver to each other such other documents, and to do such other acts and things, all as the other party may reasonably request for the purpose of carrying out the intent of this Agreement and the documents referred to in this Agreement.