Example ContractsClausesControl Agreement
Control Agreement
Control Agreement contract clause examples

Change in Control Agreement. The Company and Executive agree that the current Change in Control Continuity Agreement between Executive and the Company and dated as of January 27, 2017 (the “Continuity Agreement”) shall terminate on December 31, 2019 such that, unless Executive has become entitled to compensation or benefits under the Continuity Agreement on or prior to December 31, 2019, Executive will have no further rights under that agreement after December 31, 2019. Executive agrees that he will not be engaged to provide consulting services and will not be entitled to receive any compensation or benefits under Section 3 if Executive becomes entitled to payments or benefits under the Continuity Agreement in 2019.

Control. Lyra or its Affiliates Controls all Patent Rights and Know-How owned, invented, or licensed by Lyra as of the Effective Date that are necessary or actually used as of the Effective Date to Develop, Commercialize, Manufactured and otherwise, use, offer for sale, sell, have sold, and import the Licensed Products.

Control Agreement. A Collateral Account Control Agreement, duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

Control Agreement. A Collateral Account Control Agreement, duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

If the Company is a party to an agreement that is reasonably likely to result in a Change in Control, such agreement may provide for settlement of the Vested Options and SARs for the Change in Control Price (less, to the extent applicable, the per share Exercise Price or grant price), or, if the per share Exercise Price or grant price equals or exceeds the Change in Control Price, such Vested Options and SARs shall terminate and be cancelled.

This Agreement constitutes the entire agreement between the parties hereto concerning the subject matter hereof and, except for the existing covenants of the Employee, including those in the Employment Agreement, which are intended to be carried forward pursuant to Section 8 of this Agreement, this Agreement shall supersede any other prior agreement or understanding, both written and oral, between the parties with respect to such subject matter.

Control. The Indemnifying Party shall have the right, exercisable by notice to the Indemnified Party within ​ days after receipt of notice from the Indemnified Party of the commencement of or assertion of any Third Party Claim, to assume the direction and control of the defense, litigation, settlement, appeal or other disposition of any such claim for which it is obligated to indemnify the Indemnified Party (including the right to settle the claim solely for monetary consideration) with counsel selected by the Indemnifying Party and reasonably acceptable to the Indemnified Party. During such time as the Indemnifying Party is controlling the defense of such Third Party Claim, the Indemnified Party shall reasonably cooperate with the Indemnifying Party in such defense at the Indemnifying Party’s request and expense. If the Indemnifying Party does not notify the Indemnified Party of the Indemnifying Party’s intent to defend any Third Party Claim within ​ days after notice thereof, the Indemnified Party may (with notice to the Indemnifying Party) undertake the defense thereof with counsel of its choice and at the Indemnifying Party’s expense (including reasonable, out-of-pocket attorneys’ fees and costs and expenses of enforcement or defense). The Indemnifying Party or the Indemnified Party, as the case may be, shall have the right to participate (including the right to conduct discovery, interview and examine witnesses and participate in all settlement conferences), but not control, at its own expense and with counsel of its choice, in the defense of any claim that has been assumed by the other Party.

Control. Lytix Controls # all Patents owned, invented or licensed by Lytix that are necessary or useful for the research, Development, Manufacture, use, offer for sale, sale or import of the Product, and # all Know-How owned, generated or licensed by Lytix that is related to the Product;

In connection with entry by the Borrower and certain of its Subsidiaries into a Permitted Factoring Transaction, the Administrative Agent entered into the following (each as amended, restated, supplemented or otherwise modified from time to time, the “MUFG Factoring Documents”) # that certain Intercreditor Agreement, dated as of December 28, 2018, by and among, inter alios, MUFG Bank, Ltd., as the Receivable Agent, the Administrative Agent, as the Revolver Agent, and the Blocked Account Control Party, the Borrower and CACI, Inc. – Federal, a Delaware corporation, and # that certain Deposit Account Control Agreement, dated as of December 28, 2018, by and among the Borrower, the Administrative Agent, as Lender, and Bank of America, N.A., as the Bank. The Lenders hereby acknowledge and ratify the execution and delivery by the Administrative Agent of the MUFG Factoring Documents, authorize the Administrative Agent to perform its obligations under the MUFG Factoring Documents and agree to be bound by the terms of the MUFG Factoring Documents.

Control Agreement. A Collateral Account Control Agreement, duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.