Arizona Support Agreement between Daleen Technologies, Inc., the holders of Exchangeable Shares, Daleen Canada Corp., and Daleen CallCo Corp.

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9468
• Format: Word; Rich Text

Description

Support Agreement between Daleen Technologies, Inc., Daleen Canada Corporation and Daleen CallCo Corporation regarding making appropriate provisions and establishing a procedure whereby ParentCo will take certain actions and make certain payments and The Arizona Support Agreement serves as a crucial legal document between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. This agreement outlines the terms and conditions for the support and assistance that Baleen Technologies, Inc. will provide to Baleen Canada Corp. and Baleen Callao Corp., both of which are subsidiaries of Baleen Technologies, Inc. The agreement intends to ensure smooth operations, cooperation, and shared resources among these entities. Under the Arizona Support Agreement, Baleen Technologies, Inc. commits to providing various forms of support to its subsidiaries. This includes but is not limited to: 1. Financial Support: Baleen Technologies, Inc. agrees to provide financial assistance to Baleen Canada Corp. and Baleen Callao Corp. to cover operational costs, equipment procurement, research and development, marketing initiatives, and other business activities. 2. Technical Assistance: Baleen Technologies, Inc. offers technical expertise and guidance to its subsidiaries, possessing specialized knowledge and experience in areas such as software development, telecommunications infrastructure, customer relationship management, and data analytics. 3. Intellectual Property Sharing: This agreement establishes a framework for the sharing and licensing of intellectual property rights between Baleen Technologies, Inc., Baleen Canada Corp., and Baleen Callao Corp. This ensures that innovative technologies, patents, and trademarks are utilized effectively by all parties involved. 4. Operational Efficiencies: Baleen Technologies, Inc. aims to streamline operations and achieve cost savings through shared resources, joint procurement, and knowledge exchange with its subsidiaries. This facilitates improved efficiency, economies of scale, and increased competitiveness in the market. The Arizona Support Agreement also entitles the holders of Exchangeable Shares to certain benefits and protections. These shareholders may be granted special rights, such as preferred dividend distribution, priority in receiving financial information, voting rights on key corporate matters, or conversion options into common shares of Baleen Technologies, Inc. It is worth noting that while the content described above represents a general framework for the Arizona Support Agreement, there might be several versions or variations of such agreements specific to different contexts, industry sectors, or legal jurisdictions. These agreements can be customized to suit the unique needs and circumstances of Baleen Technologies, Inc., its subsidiaries, and the shareholders. In summary, the Arizona Support Agreement is a comprehensive legal document that governs the relationship between Baleen Technologies, Inc., its subsidiaries (Baleen Canada Corp. and Baleen Callao Corp.), and the holders of Exchangeable Shares. It establishes the terms and conditions for financial support, technical assistance, intellectual property sharing, and operational efficiencies, ensuring a harmonized and mutually advantageous collaboration among these entities.

The Arizona Support Agreement serves as a crucial legal document between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. This agreement outlines the terms and conditions for the support and assistance that Baleen Technologies, Inc. will provide to Baleen Canada Corp. and Baleen Callao Corp., both of which are subsidiaries of Baleen Technologies, Inc. The agreement intends to ensure smooth operations, cooperation, and shared resources among these entities. Under the Arizona Support Agreement, Baleen Technologies, Inc. commits to providing various forms of support to its subsidiaries. This includes but is not limited to: 1. Financial Support: Baleen Technologies, Inc. agrees to provide financial assistance to Baleen Canada Corp. and Baleen Callao Corp. to cover operational costs, equipment procurement, research and development, marketing initiatives, and other business activities. 2. Technical Assistance: Baleen Technologies, Inc. offers technical expertise and guidance to its subsidiaries, possessing specialized knowledge and experience in areas such as software development, telecommunications infrastructure, customer relationship management, and data analytics. 3. Intellectual Property Sharing: This agreement establishes a framework for the sharing and licensing of intellectual property rights between Baleen Technologies, Inc., Baleen Canada Corp., and Baleen Callao Corp. This ensures that innovative technologies, patents, and trademarks are utilized effectively by all parties involved. 4. Operational Efficiencies: Baleen Technologies, Inc. aims to streamline operations and achieve cost savings through shared resources, joint procurement, and knowledge exchange with its subsidiaries. This facilitates improved efficiency, economies of scale, and increased competitiveness in the market. The Arizona Support Agreement also entitles the holders of Exchangeable Shares to certain benefits and protections. These shareholders may be granted special rights, such as preferred dividend distribution, priority in receiving financial information, voting rights on key corporate matters, or conversion options into common shares of Baleen Technologies, Inc. It is worth noting that while the content described above represents a general framework for the Arizona Support Agreement, there might be several versions or variations of such agreements specific to different contexts, industry sectors, or legal jurisdictions. These agreements can be customized to suit the unique needs and circumstances of Baleen Technologies, Inc., its subsidiaries, and the shareholders. In summary, the Arizona Support Agreement is a comprehensive legal document that governs the relationship between Baleen Technologies, Inc., its subsidiaries (Baleen Canada Corp. and Baleen Callao Corp.), and the holders of Exchangeable Shares. It establishes the terms and conditions for financial support, technical assistance, intellectual property sharing, and operational efficiencies, ensuring a harmonized and mutually advantageous collaboration among these entities.