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
A Delaware Support Agreement is a legal document that outlines the terms and conditions agreed upon between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. It serves as a support mechanism for the entities involved in order to facilitate smooth operations and minimize potential conflicts. Keywords: Delaware Support Agreement, Baleen Technologies, Inc., Exchangeable Shares, Baleen Canada Corp., Baleen Callao Corp. There are two primary types of Delaware Support Agreements that can be established between the aforementioned entities: 1. Technology Support Agreement: This type of agreement ensures that Baleen Technologies, Inc. provides continuous support to both Baleen Canada Corp. and Baleen Callao Corp. in terms of technology-related services and infrastructure. The agreement specifies the nature and extent of support, including software maintenance, hardware support, and system upgrades. It also defines the responsibilities and obligations of Baleen Technologies, Inc., such as response times, service level agreements, and problem resolution procedures. 2. Shareholder Support Agreement: This type of agreement is specific to the holders of Exchangeable Shares and outlines the support that Baleen Technologies, Inc., Baleen Canada Corp., and Baleen Callao Corp. will provide to these shareholders. It covers areas such as dividend distribution, voting rights, information sharing, and financial reporting. The agreement also includes provisions regarding the exchange of shares between the entities, if applicable, and any restrictions or limitations on transferability. Both types of Delaware Support Agreements aim to establish a cooperative framework among Baleen Technologies, Inc., Baleen Canada Corp., and Baleen Callao Corp., ensuring mutual support and alignment of interests. These agreements can help foster a harmonious relationship, enhance operational efficiency, and promote the growth and success of all parties involved.
A Delaware Support Agreement is a legal document that outlines the terms and conditions agreed upon between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. It serves as a support mechanism for the entities involved in order to facilitate smooth operations and minimize potential conflicts. Keywords: Delaware Support Agreement, Baleen Technologies, Inc., Exchangeable Shares, Baleen Canada Corp., Baleen Callao Corp. There are two primary types of Delaware Support Agreements that can be established between the aforementioned entities: 1. Technology Support Agreement: This type of agreement ensures that Baleen Technologies, Inc. provides continuous support to both Baleen Canada Corp. and Baleen Callao Corp. in terms of technology-related services and infrastructure. The agreement specifies the nature and extent of support, including software maintenance, hardware support, and system upgrades. It also defines the responsibilities and obligations of Baleen Technologies, Inc., such as response times, service level agreements, and problem resolution procedures. 2. Shareholder Support Agreement: This type of agreement is specific to the holders of Exchangeable Shares and outlines the support that Baleen Technologies, Inc., Baleen Canada Corp., and Baleen Callao Corp. will provide to these shareholders. It covers areas such as dividend distribution, voting rights, information sharing, and financial reporting. The agreement also includes provisions regarding the exchange of shares between the entities, if applicable, and any restrictions or limitations on transferability. Both types of Delaware Support Agreements aim to establish a cooperative framework among Baleen Technologies, Inc., Baleen Canada Corp., and Baleen Callao Corp., ensuring mutual support and alignment of interests. These agreements can help foster a harmonious relationship, enhance operational efficiency, and promote the growth and success of all parties involved.