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
Maryland Support Agreement: Detailed Description and Types The Maryland Support Agreement is a contractual agreement between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp., aimed at providing support and protection to all parties involved. This agreement is designed to govern the relationship and obligations between the entities in various scenarios, ensuring smooth operations and mutual benefit. Keywords: Maryland Support Agreement, Baleen Technologies, Inc., holders of Exchangeable Shares, Baleen Canada Corp., Baleen Callao Corp. Detailed Description: The Maryland Support Agreement outlines the terms and conditions governing the relationship between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. It provides a comprehensive framework to handle various situations and protect the interests of all parties involved. Here is a detailed description of the key aspects covered: 1. Parties involved: a. Baleen Technologies, Inc.: The primary party responsible for providing support and fulfilling its obligations under the agreement. b. Holders of Exchangeable Shares: Refers to the individuals or entities that hold the exchangeable shares of Baleen Technologies, Inc. c. Baleen Canada Corp.: A subsidiary or affiliate of Baleen Technologies, Inc., operating in Canada. d. Baleen Callao Corp.: Another subsidiary or affiliate of Baleen Technologies, Inc., specializing in call center operations. 2. Purpose: The primary purpose of the Maryland Support Agreement is to define the mutual commitments and obligations related to the exchangeable shares, operations, and support services provided by Baleen Technologies, Inc. It aims to ensure transparency, cooperation, and protection of the interests of all parties. 3. Exchangeable Shares: The agreement covers provisions related to the exchangeable shares held by the shareholders. It may include details regarding the conversion rights, voting rights, dividends, transfers, and other rights associated with these shares. 4. Support Services: The agreement may outline the scope and nature of support services provided by Baleen Technologies, Inc. to Baleen Callao Corp. and Baleen Canada Corp. This can include technical support, software development, infrastructure assistance, and other relevant services necessary for smooth operations. 5. Governance and Decision-Making: The agreement might include provisions for the governance structure and decision-making processes within the entities involved. It may outline the composition of the board of directors, voting rights, and other relevant aspects of corporate governance. Types of Maryland Support Agreement: There might be different types or variations of the Maryland Support Agreement based on the specific requirements or unique circumstances of the entities involved. Some examples include: 1. Standard Maryland Support Agreement: This type of agreement is the most common and covers the general aspects of support and cooperation between Baleen Technologies, Inc., holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. 2. Customized Maryland Support Agreement: In certain cases, the parties involved may require a customized agreement tailored to their specific needs and circumstances. This type of agreement may include additional clauses or provisions to address unique situations. Overall, the Maryland Support Agreement serves as a crucial document to facilitate collaboration, support, and protection among Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. It ensures a structured relationship framework and promotes the smooth functioning of the entities involved.
Maryland Support Agreement: Detailed Description and Types The Maryland Support Agreement is a contractual agreement between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp., aimed at providing support and protection to all parties involved. This agreement is designed to govern the relationship and obligations between the entities in various scenarios, ensuring smooth operations and mutual benefit. Keywords: Maryland Support Agreement, Baleen Technologies, Inc., holders of Exchangeable Shares, Baleen Canada Corp., Baleen Callao Corp. Detailed Description: The Maryland Support Agreement outlines the terms and conditions governing the relationship between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. It provides a comprehensive framework to handle various situations and protect the interests of all parties involved. Here is a detailed description of the key aspects covered: 1. Parties involved: a. Baleen Technologies, Inc.: The primary party responsible for providing support and fulfilling its obligations under the agreement. b. Holders of Exchangeable Shares: Refers to the individuals or entities that hold the exchangeable shares of Baleen Technologies, Inc. c. Baleen Canada Corp.: A subsidiary or affiliate of Baleen Technologies, Inc., operating in Canada. d. Baleen Callao Corp.: Another subsidiary or affiliate of Baleen Technologies, Inc., specializing in call center operations. 2. Purpose: The primary purpose of the Maryland Support Agreement is to define the mutual commitments and obligations related to the exchangeable shares, operations, and support services provided by Baleen Technologies, Inc. It aims to ensure transparency, cooperation, and protection of the interests of all parties. 3. Exchangeable Shares: The agreement covers provisions related to the exchangeable shares held by the shareholders. It may include details regarding the conversion rights, voting rights, dividends, transfers, and other rights associated with these shares. 4. Support Services: The agreement may outline the scope and nature of support services provided by Baleen Technologies, Inc. to Baleen Callao Corp. and Baleen Canada Corp. This can include technical support, software development, infrastructure assistance, and other relevant services necessary for smooth operations. 5. Governance and Decision-Making: The agreement might include provisions for the governance structure and decision-making processes within the entities involved. It may outline the composition of the board of directors, voting rights, and other relevant aspects of corporate governance. Types of Maryland Support Agreement: There might be different types or variations of the Maryland Support Agreement based on the specific requirements or unique circumstances of the entities involved. Some examples include: 1. Standard Maryland Support Agreement: This type of agreement is the most common and covers the general aspects of support and cooperation between Baleen Technologies, Inc., holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. 2. Customized Maryland Support Agreement: In certain cases, the parties involved may require a customized agreement tailored to their specific needs and circumstances. This type of agreement may include additional clauses or provisions to address unique situations. Overall, the Maryland Support Agreement serves as a crucial document to facilitate collaboration, support, and protection among Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. It ensures a structured relationship framework and promotes the smooth functioning of the entities involved.