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
Connecticut Support Agreement is a legally binding contract entered into between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp., in order to provide support and ensure a smooth operation and functioning of the business. This agreement establishes the terms and conditions under which the parties will collaborate and assist each other. The Connecticut Support Agreement between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. encompasses various key provisions and may include the following: 1. Technical Support: The agreement outlines the provision of technical support services between the parties involved. This support ensures the consistent operation and maintenance of hardware, software, and other technical infrastructure necessary for the functioning of the business. 2. Knowledge Transfer: The agreement may entail knowledge sharing across the entities involved. This allows for the transfer of technical know-how, best practices, and expertise to enhance the overall capabilities and effectiveness of the organizations. 3. Financial Support: The agreement can also address the financial support which might be necessary for smooth operations. It may include provisions for funding, grants, loans, or investment agreements that aid in the financial stability and growth of the entities involved. 4. Marketing and Sales Support: This section of the agreement establishes the cooperative efforts for marketing and sales activities. It may outline collaboration on joint marketing campaigns, shared customer databases, cross-promotional initiatives, and coordinated sales strategies. 5. Research and Development Collaboration: The agreement may include provisions for joint research and development initiatives. This fosters innovation, knowledge sharing, and product development between the entities involved, ultimately leading to technological advancements and competitive advantages. 6. Intellectual Property: The support agreement might address the ownership and use of intellectual property rights related to the businesses. It provides clarity on the rights and obligations regarding inventions, patents, trademarks, copyrights, and trade secrets, ensuring proper protection and exploitation of intellectual assets. 7. Confidentiality and Non-Disclosure: The agreement establishes obligations for maintaining the confidentiality of sensitive information shared between the parties. It may include non-disclosure provisions to safeguard trade secrets, proprietary information, and customer data. 8. Termination and Dispute Resolution: This section outlines the terms under which the support agreement can be terminated and the steps to resolve any disputes that may arise during the collaboration. Different types of Connecticut Support Agreements between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp., may include variations based on the specific needs, objectives, and terms agreed upon by the involved parties. These types might include variations in the scope of support, financial arrangements, or the inclusion of other specific provisions tailored to the unique circumstances of the parties involved.
Connecticut Support Agreement is a legally binding contract entered into between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp., in order to provide support and ensure a smooth operation and functioning of the business. This agreement establishes the terms and conditions under which the parties will collaborate and assist each other. The Connecticut Support Agreement between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. encompasses various key provisions and may include the following: 1. Technical Support: The agreement outlines the provision of technical support services between the parties involved. This support ensures the consistent operation and maintenance of hardware, software, and other technical infrastructure necessary for the functioning of the business. 2. Knowledge Transfer: The agreement may entail knowledge sharing across the entities involved. This allows for the transfer of technical know-how, best practices, and expertise to enhance the overall capabilities and effectiveness of the organizations. 3. Financial Support: The agreement can also address the financial support which might be necessary for smooth operations. It may include provisions for funding, grants, loans, or investment agreements that aid in the financial stability and growth of the entities involved. 4. Marketing and Sales Support: This section of the agreement establishes the cooperative efforts for marketing and sales activities. It may outline collaboration on joint marketing campaigns, shared customer databases, cross-promotional initiatives, and coordinated sales strategies. 5. Research and Development Collaboration: The agreement may include provisions for joint research and development initiatives. This fosters innovation, knowledge sharing, and product development between the entities involved, ultimately leading to technological advancements and competitive advantages. 6. Intellectual Property: The support agreement might address the ownership and use of intellectual property rights related to the businesses. It provides clarity on the rights and obligations regarding inventions, patents, trademarks, copyrights, and trade secrets, ensuring proper protection and exploitation of intellectual assets. 7. Confidentiality and Non-Disclosure: The agreement establishes obligations for maintaining the confidentiality of sensitive information shared between the parties. It may include non-disclosure provisions to safeguard trade secrets, proprietary information, and customer data. 8. Termination and Dispute Resolution: This section outlines the terms under which the support agreement can be terminated and the steps to resolve any disputes that may arise during the collaboration. Different types of Connecticut Support Agreements between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp., may include variations based on the specific needs, objectives, and terms agreed upon by the involved parties. These types might include variations in the scope of support, financial arrangements, or the inclusion of other specific provisions tailored to the unique circumstances of the parties involved.