Examples of Transitional Agreement in a sentence
In connection with the acquisition of the Intellectual Property of Seller by Purchaser on the Closing Date, following the Closing Seller shall cease using such Intellectual Property (except as otherwise may be permitted pursuant to the Transitional Agreement), and Seller and Purchaser shall execute an assignment in the form of Exhibit B hereto (the "Intellectual Property Assignment") regarding the transfer of such Intellectual Property to Purchasers.
The relationship between the Parties concerning the Block and the Petroleum Operations during the Transitional Period and the duration of such Transitional Period shall be governed by the Transitional Agreement.
Prior to the Closing Date, Seller and Purchaser each agree to negotiate in good faith the terms of, and to enter into, the Transitional Agreement substantially in the form attached hereto as Exhibit F, with such modifications as may be mutually agreeable to Seller and Purchaser.
Purchaser and Seller shall have entered into the Transitional Agreement substantially in the form attached hereto as Exhibit F, with such modifications as may be mutually agreeable to Seller and Purchaser.
If Executive does not revoke this Release within the revocation period, the Spectra Group will send Executive the Severance Payment in the time period specified by Paragraph 13 of the Transitional Agreement.