Eliminate the provisos in the following passages. Feel free to make…
Question Answered step-by-step Eliminate the provisos in the following passages. Feel free to make… Eliminate the provisos in the following passages. Feel free to make other improvements to the text: This Agreement will terminate upon the termination of the Merger Agreement under § 6.1 or two years from the effective date of this Agreement, whichever occurs earlier; provided that if the Merger Agreement is terminated under § 6.1(d), 6.1(g), or 6.1(h) of that agreement and provided further that at the time of termination there has been an acquisition proposal as described in § 14 of that Agreement, then this Agreement will not terminate until four months after the termination of the Merger Agreement or payment to the parent company of a termination fee under § 6.2, whichever occurs earlier.When the Lease term expires, if Renton has fully complied with all its obligations under the Lease, Renton will be entitled to a 20% interest in the profits of Jamie Ridge in the form of a non-managing membership interest, and/or the right to lease or buy for nominal consideration approximately 1.6 acres, in an area designated by Jamie Ridge, for the purpose of operating a garden nursery, provided that any such lease or sale would be contingent upon the nursery’s purpose being permitted under all applicable laws, and provided further that the area designated for the nursery would be burdened by a restrictive covenant prohibiting any other use thereof.Except as required by applicable federal, state, or local law or regulation, the term “Confidential Information” as used in this Agreement shall not include information that at the time of disclosure is, or thereafter becomes, available to the Recipient on a non-confidential basis from a third-party source, provided that such third party is not and was not prohibited from disclosing such Confidential Information to the Recipient by any legal, fiduciary, or contractual obligation.The term of this Agreement shall commence on the Effective Date and shall expire five (5) years from the Effective Date, provided that either Party may terminate this Agreement at any time by providing written notice to the other Party. Notwithstanding anything to the contrary herein, each Party’s rights and obligations under this Agreement shall survive the expiration or termination of this Agreement for a period of three (3) years from the date of such expiration or termination, even after the return or destruction of Confidential Information by the Recipient (the “Survival Period”), provided that for any and all: (a) Personal Information disclosed by Disclosing Party hereunder, the Survival Period shall last for the period of time required under applicable federal, state, and/or local law; and (b) trade secrets of the Disclosing Party, the Survival Period shall last for as long as such Confidential Information qualifies as a trade secret under applicable federal, state and/or local law. Arts & Humanities Writing Share QuestionEmailCopy link Comments (0)


