Examples of New Effective Date in a sentence
As of the New Effective Date, Executive shall receive for Executive’s services to be rendered hereunder an annualized base salary of $209,000.
The term of this Agreement (the “Term”) shall be the period commencing on the New Effective Date and terminating on December 31, 2007, unless terminated earlier pursuant to the provisions herein.
To Novartis’ knowledge, at the New Effective Date, Novartis is unaware of any third party infringement of the Patents, Trademarks or other intellectual property rights relating to the Product.
Novartis shall have the right to offset said amount against any Monthly Payment Amount calculated and payable following the New Effective Date pursuant to Article 6.3(a) below.
Notwithstanding anything in this Agreement, (i) all of the terms and provisions of the Original Promotion Agreement shall continue to apply with respect to any period prior to the New Effective Date and (ii) nothing herein shall relieve either party for failure to comply with the Original Promotion Agreement prior to the New Effective Date.