Examples of Contemplated Agreement in a sentence
The parties agree that any and all legal rights and obligations between the parites to the Contemplated Agreement (other than the provisions enumerated in paragraph 9 above) will arise and come into existence only when th eContemplated Agreement is executed and deliverd by the parties thereto and only in accordance with the terms and conditions of the Contemplated Agreement.
Notwithstanding the aforementioned, the obligations of the Parties shall continue indefinitely with respect to any Confidential Information, which constitutes a trade secret, unless otherwise is stated in the Contemplated Agreement.
The obligations of nondisclosure and confidentiality undertaken by each Party under this Agreement shall remain in force for the term of the Receiving Party’s access to the Confidential Information, including the term of any Contemplated Agreement reached with respect to the Purpose between the Parties, and for a period of Five (5) years following the termination of such access for any reason.
This Agreement shall remain in force for five (5) years from the Effective Date, except to the extent this Agreement is superseded by stipulations of the Contemplated Agreement.
Upon execution of the Definitive Contemplated Agreement, Cobalt will issue to GE, or its designated affiliate, warrants to purchase up to 100,000 shares of Cobalt common stock at a price equal to the offering price at Cobalt's initial public offering.