A Wyoming Support Agreement is a legally binding contract that establishes the terms and conditions of support and cooperation between Baleen Technologies, Inc., the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. This agreement outlines the framework within which these entities will work together for the benefit of all parties involved. The key objective of the Wyoming Support Agreement is to facilitate the smooth operation, growth, and development of Baleen Technologies, Inc. and its subsidiaries. This agreement aims to establish a strong alliance, ensuring that all entities involved work collaboratively towards achieving common goals and objectives. Under this agreement, Baleen Technologies, Inc. agrees to provide comprehensive support and assistance to the holders of Exchangeable Shares, Baleen Canada Corp., and Baleen Callao Corp. The specific terms and conditions of this support may include, but are not limited to, the following: 1. Financial Support: Baleen Technologies, Inc. may provide financial assistance, funds, or investments to Baleen Canada Corp. and Baleen Callao Corp. to support their operations, research and development, marketing efforts, or any other areas deemed necessary. 2. Technical Support: Baleen Technologies, Inc. may offer technical expertise, knowledge, and resources to its subsidiaries. This support may include access to proprietary technology, software, or hardware, as well as assistance in the form of training, guidance, and troubleshooting. 3. Business Development Support: Baleen Technologies, Inc. may assist Baleen Canada Corp. and Baleen Callao Corp. in their business development efforts. This includes leveraging their existing business networks, providing strategic advice, facilitating partnerships or collaborations, and exploring new market opportunities to boost growth. 4. Intellectual Property Support: Baleen Technologies, Inc. agrees to grant Baleen Canada Corp. and Baleen Callao Corp. access to its intellectual property rights, patents, trademarks, or copyrights, depending on the nature of their collaboration. This ensures proper utilization and protection of intellectual assets across all entities. 5. Governance and Decision-making: The Wyoming Support Agreement may include provisions relating to the governance and decision-making structure between the parties. This may involve establishing committees, defining responsibilities, and setting up mechanisms for communication, reporting, and conflict resolution. Different types of Wyoming Support Agreements between these entities may exist, each tailored to the specific needs and circumstances of their collaboration. These agreements can vary based on the duration of the support, specific objectives, financial arrangements, and any unique considerations applicable to the partnership.
Wyoming Support Agreement between Daleen Technologies, Inc., the holders of Exchangeable Shares, Daleen Canada Corp., and Daleen CallCo Corp.
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