New York 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 New York Support Agreement is a legally binding 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. This agreement is designed to provide support and protection to all concerned parties involved in the business transaction. The New York Support Agreement serves as a cornerstone for ensuring stability, collaboration, and trust among the parties mentioned above. It sets forth the rights, responsibilities, and obligations of each party, promoting transparency and clarity throughout their dealings. Key provisions within the New York Support Agreement may include: 1. Financial Support: This provision describes the financial assistance that Baleen Technologies, Inc. commits to providing to Baleen Canada Corp. and Baleen Callao Corp. It may outline terms such as funding amounts, payment schedules, and any conditions or restrictions attached to the financial support. 2. Operational Support: This provision outlines the various forms of assistance and resources that Baleen Technologies, Inc. offers to support the operations of Baleen Canada Corp. and Baleen Callao Corp. It may include technical support, access to proprietary software, infrastructure, or business know-how. 3. Non-Compete Clause: The New York Support Agreement may include a non-compete clause, preventing Baleen Technologies, Inc. from engaging in any business activities that directly compete with the operations of Baleen Canada Corp. and Baleen Callao Corp. during a specified period. 4. Intellectual Property Rights: This provision addresses the ownership and rights associated with any intellectual property developed in the course of collaboration between the parties. It may identify who holds the ownership and how intellectual property rights will be shared or licensed. 5. Dispute Resolution: The New York Support Agreement may outline the procedures for dispute resolution in case any conflicts or disagreements arise between the parties involved. This can include methods such as mediation, arbitration, or litigation. It is important to note that while the general structure and provisions of a New York Support Agreement remain relatively consistent, the specific terms can vary depending on the unique circumstances and objectives of the parties involved. Therefore, alternative types or variations of the New York Support Agreement may exist, tailored to address specific needs, industries, or legal requirements. These variations could be named accordingly, such as New York Support Agreement for Technology Companies, New York Support Agreement for Financial Institutions, or New York Support Agreement for Joint Ventures.

New York Support Agreement is a legally binding 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. This agreement is designed to provide support and protection to all concerned parties involved in the business transaction. The New York Support Agreement serves as a cornerstone for ensuring stability, collaboration, and trust among the parties mentioned above. It sets forth the rights, responsibilities, and obligations of each party, promoting transparency and clarity throughout their dealings. Key provisions within the New York Support Agreement may include: 1. Financial Support: This provision describes the financial assistance that Baleen Technologies, Inc. commits to providing to Baleen Canada Corp. and Baleen Callao Corp. It may outline terms such as funding amounts, payment schedules, and any conditions or restrictions attached to the financial support. 2. Operational Support: This provision outlines the various forms of assistance and resources that Baleen Technologies, Inc. offers to support the operations of Baleen Canada Corp. and Baleen Callao Corp. It may include technical support, access to proprietary software, infrastructure, or business know-how. 3. Non-Compete Clause: The New York Support Agreement may include a non-compete clause, preventing Baleen Technologies, Inc. from engaging in any business activities that directly compete with the operations of Baleen Canada Corp. and Baleen Callao Corp. during a specified period. 4. Intellectual Property Rights: This provision addresses the ownership and rights associated with any intellectual property developed in the course of collaboration between the parties. It may identify who holds the ownership and how intellectual property rights will be shared or licensed. 5. Dispute Resolution: The New York Support Agreement may outline the procedures for dispute resolution in case any conflicts or disagreements arise between the parties involved. This can include methods such as mediation, arbitration, or litigation. It is important to note that while the general structure and provisions of a New York Support Agreement remain relatively consistent, the specific terms can vary depending on the unique circumstances and objectives of the parties involved. Therefore, alternative types or variations of the New York Support Agreement may exist, tailored to address specific needs, industries, or legal requirements. These variations could be named accordingly, such as New York Support Agreement for Technology Companies, New York Support Agreement for Financial Institutions, or New York Support Agreement for Joint Ventures.