Examples of Company Owned Technology in a sentence
To Seller’s Knowledge, the Company IT Systems and any software included in Company Owned Technology do not contain any malware or any virus, worm, trap door, back door, trojan horse, time bomb, drop dead device or other software that would erase data or programming, compromise security or otherwise cause any of the Company IT Systems or software included in the Company Owned Technology to become inoperable, inaccessible or incapable of being used.
No Acquired Company has used Open Source Software in any manner that would, with respect to any software that constitutes Company Owned Technology, (i) require its disclosure or distribution in source code form, (ii) require the licensing thereof for the purpose of making derivative works, or (iii) impose any material restriction on the consideration to be charged for the distribution thereof.
No Acquired Company has licensed, disclosed or delivered, agreed to license, disclose or deliver, or permitted the disclosure or delivery to any escrow agent or other Person, of any source code that constitutes Company Owned Technology, except for disclosures to employees, contractors or consultants under written agreements that contain reasonable prohibitions on the use or disclosure except in the performance of services for the relevant Acquired Company.
All current and former employees of Holdco 1, and all current and former consultants of Holdco 1 who have been involved in the creation or development of Company Owned Technology or Company Owned Intellectual Property, have executed the applicable form of proprietary information, confidentiality and assignment agreement similar in all material respects to the Employee Proprietary Information Agreement or the Consultant Proprietary Information Agreement, as applicable.
SHARE-BASED PAYMENTS (Continued)The Binomial model has been used to estimate the fair value of the share options granted during the period ended 30 June 2011.
Except as set out in Section 4.14(c) of the Company Disclosure Schedule, all Company Owned Intellectual Property and all Company Owned Technology is fully transferable, alienable and licensable by the Company without restriction or payment of any kind to any third party.
Except as set out in Section 4.14(m) of the Company Disclosure Schedule, no government funding, facilities or resources of a university, college, other educational institution, multi-national, bi-national or international organization or research center was used in the development of the Company Owned Intellectual Property or the Company Owned Technology.
None of the Purchased Subsidiaries owns any Registered Intellectual Property or Company Owned Technology, and none of the Company Technology is obtained or used by any of the Sellers from or through any Purchased Subsidiary.
All current and former Company Employees, and all current and former consultants of the Company and its Subsidiaries who have been involved in the creation or development of Company Owned Technology or Company Owned Intellectual Property, have executed the applicable form of the Employee Proprietary Information Agreement or the Consultant Proprietary Information Agreement, respectively.