PTC Group definition
Examples of PTC Group in a sentence
It is the understanding of the Company and Executive that PTC Group shall grant to Executive, an option to acquire shares of the common stock of PTC Group, the number of shares subject to terms of a separate memorandum of understanding between Xx. Xxxxx Guarnaccia, Xxxxxx Xxxxxx, and Employee.
PTC shall (and PTC shall procure that the relevant member of the PTC Group shall) give the Trust all reasonable assistance as the Trust may request (at the Trust’s cost) in relation to such action, including granting the Trust the right to bring such action in PTC’s name.
PTC further undertakes that it shall not (and that it shall procure that no member of the PTC Group shall) engage in any activities (including in relation to the Background Intellectual Property) that could reasonably lead to the loss of an exploitation opportunity in the applicable region and with respect to the applicable indication(s) without the prior written consent of the Trust.
If neither PTC nor any other member of the PTC Group (either by itself or through a Distributor or Licencee) takes reasonable steps to Develop and Exploit the Programme Intellectual Property, that Trust shall have the rights set out in Clause 12.
Under this new theory, PTC Group now asserts its own privilege, as a joint-client of Seamless, to prevent the plaintiff’s discovery of Seamless’ documents relating to the Hopkinsville plant.
For the same reasons, PTC Group can assert Seamless’ work product doctrine privilege.IV.
This Court agrees that PTC Group may assert the joint-client privilege, on behalf of itself and Seamless, for documents that otherwise qualify as privileged and relate to matters of common interest of the two corporations.
PTC Group may assert the attorney-client privilege as it relates to communications between PTC Group, Seamless, and their shared attorneys.
When the PTC Group subsidiary – Seamless – fell behind on paying its invoices from plaintiff, PTC Group stepped in and made some payments pursuant to a new letter agreement between PTC Group and plaintiff dated December 2014.
Plaintiff performed extensive construction work at PTC Group’s subsidiary’s steel tubing manufacturing plant in Hopkinsville, Kentucky, pursuant to a contract between plaintiff and the PTC Group subsidiary, Seamless.