Virgin Islands 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 Virgin Islands Support Agreement is a legal document entered into by Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. This agreement aims to outline the terms and conditions under which support services will be provided to Baleen Technologies by the Virgin Islands corporation. The Virgin Islands Support Agreement is a significant agreement that governs the provision of support services to Baleen Technologies, Inc. It establishes a framework to ensure seamless operations, efficient management, and uninterrupted support for Baleen Technologies' business activities. This agreement solidifies the relationship between Baleen Technologies and the Virgin Islands corporation, ensuring mutual cooperation and support. Key provisions within the Virgin Islands Support Agreement include: 1. Scope of Support: The agreement details the services that will be provided by the Virgin Islands corporation. These may include technical support, maintenance, software development, training, and consulting services. The specific support services will be negotiated and agreed upon between the parties. 2. Duration of Support: The agreement specifies the duration of the support services and any renewal or termination provisions. The parties may agree to a fixed-term agreement or one that extends indefinitely with provisions for termination by either party. 3. Service Level Agreements (SLAs): The agreement sets forth the service level expectations, such as response times, availability, and quality standards. SLAs ensure that the support services provided meet the agreed-upon performance levels. 4. Intellectual Property Rights: The agreement addresses the ownership and usage rights of intellectual property developed during the provision of support services. It clarifies whether Baleen Technologies or the Virgin Islands corporation will have rights to any new inventions, products, or improvements resulting from the support services. 5. Confidentiality: The agreement includes provisions to safeguard the confidentiality of proprietary information shared between the parties during the provision of support services. It establishes strict measures to restrict unauthorized disclosure or use of confidential information. 6. Payment Terms: The agreement outlines the compensation structure, including the pricing, invoicing, and payment terms for the support services provided. It may include provisions for additional fees for any additional services or changes requested by Baleen Technologies. 7. Dispute Resolution: The agreement includes a clause that outlines the mechanisms for resolving any disputes that may arise between the parties. This may include negotiation, mediation, or arbitration, depending on the preference of the parties. There may be different types of Virgin Islands Support Agreements between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. These variations could arise from different levels of support required, specific contractual arrangements, or unique circumstances. For example, there could be a Standard Virgin Islands Support Agreement, providing comprehensive support services, and a Customized Virgin Islands Support Agreement, tailored to meet specific requirements or unique business needs. In summary, the Virgin Islands Support Agreement serves as a vital legal document that governs the provision of support services between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. Its purpose is to establish a mutually beneficial relationship that ensures the smooth functioning of Baleen Technologies' operations while providing comprehensive support services from the Virgin Islands corporation.

Virgin Islands Support Agreement is a legal document entered into by Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. This agreement aims to outline the terms and conditions under which support services will be provided to Baleen Technologies by the Virgin Islands corporation. The Virgin Islands Support Agreement is a significant agreement that governs the provision of support services to Baleen Technologies, Inc. It establishes a framework to ensure seamless operations, efficient management, and uninterrupted support for Baleen Technologies' business activities. This agreement solidifies the relationship between Baleen Technologies and the Virgin Islands corporation, ensuring mutual cooperation and support. Key provisions within the Virgin Islands Support Agreement include: 1. Scope of Support: The agreement details the services that will be provided by the Virgin Islands corporation. These may include technical support, maintenance, software development, training, and consulting services. The specific support services will be negotiated and agreed upon between the parties. 2. Duration of Support: The agreement specifies the duration of the support services and any renewal or termination provisions. The parties may agree to a fixed-term agreement or one that extends indefinitely with provisions for termination by either party. 3. Service Level Agreements (SLAs): The agreement sets forth the service level expectations, such as response times, availability, and quality standards. SLAs ensure that the support services provided meet the agreed-upon performance levels. 4. Intellectual Property Rights: The agreement addresses the ownership and usage rights of intellectual property developed during the provision of support services. It clarifies whether Baleen Technologies or the Virgin Islands corporation will have rights to any new inventions, products, or improvements resulting from the support services. 5. Confidentiality: The agreement includes provisions to safeguard the confidentiality of proprietary information shared between the parties during the provision of support services. It establishes strict measures to restrict unauthorized disclosure or use of confidential information. 6. Payment Terms: The agreement outlines the compensation structure, including the pricing, invoicing, and payment terms for the support services provided. It may include provisions for additional fees for any additional services or changes requested by Baleen Technologies. 7. Dispute Resolution: The agreement includes a clause that outlines the mechanisms for resolving any disputes that may arise between the parties. This may include negotiation, mediation, or arbitration, depending on the preference of the parties. There may be different types of Virgin Islands Support Agreements between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. These variations could arise from different levels of support required, specific contractual arrangements, or unique circumstances. For example, there could be a Standard Virgin Islands Support Agreement, providing comprehensive support services, and a Customized Virgin Islands Support Agreement, tailored to meet specific requirements or unique business needs. In summary, the Virgin Islands Support Agreement serves as a vital legal document that governs the provision of support services between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. Its purpose is to establish a mutually beneficial relationship that ensures the smooth functioning of Baleen Technologies' operations while providing comprehensive support services from the Virgin Islands corporation.