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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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agrees to return to the disclosing Party or to destroy any and all Confidential Information<br />

received from the disclosing Party in accordance with, and subject to, the provisions of Section<br />

3.05. Upon destruction of Confidential Information or any copies thereof required to be<br />

destroyed hereunder, the receiving Party shall certify in writing to the disclosing Party that such<br />

destruction has occurred.<br />

5.06 Remedies. Each Party acknowledges and agrees that, due to the unique nature of<br />

Confidential Information, there can be no adequate remedy at law for breach of the<br />

confidentiality provisions of this Agreement and that such breach will cause irreparable harm to<br />

the non-breaching Party. The non-breaching Party shall thus be entitled to immediate injunctive<br />

relief, in addition to whatever other remedies it might have at law or in equity, in the event of an<br />

actual or threatened breach of such confidentiality provisions.<br />

ARTICLE VI<br />

INTELLECTUAL PROPERTY<br />

6.01 Improvements to Intellectual Property of Buyer. Improvements to the Intellectual<br />

Property of Buyer created by employees or agents of Buyer as a result of the Services shall be<br />

owned by Buyer.<br />

6.02 Improvements to Intellectual Property of Seller. Improvements to the Intellectual<br />

Property of Seller created by employees or agents of Seller, employees or agents of Buyer, or<br />

jointly by employees or agents of Seller and employees or agents of Buyer, as a result of the<br />

Services, shall be owned by Seller.<br />

6.03 Assignment. Each Party hereby assigns to the other Party its full right, title and<br />

interest in relevant improvements that are necessary to give ownership to the other Party as<br />

contemplated in Sections 6.01 and 6.02 above. Each Party further agrees to execute such<br />

documents as the other Party may reasonably request from time to time to evidence and record<br />

the ownership interest in such other Party (without charge, but at the other Party’s expense).<br />

6.04 No Obligation to File. Neither Buyer nor Seller shall have any obligation to file<br />

any patent application, prosecute any patent application or maintain any patent in force, nor<br />

register any copyright.<br />

ARTICLE VII<br />

MISCELLANEOUS<br />

7.01 No Third-Party Beneficiaries. Nothing in this Agreement is intended or shall be<br />

construed to entitle any Person, other than the Parties and their respective successors and<br />

permitted transferees and assigns, to any claim, cause of action, remedy or right of any kind.<br />

7.02 Entire Agreement. This Agreement (including the Schedules) constitutes the<br />

entire agreement between the Parties as to the subject matter hereof, and supersedes all prior<br />

and contemporaneous agreements, understandings, negotiations and discussions, whether oral or<br />

written, by or on behalf of the Parties.<br />

C1-10<br />

Exhibit C-1<br />

Form of Initial Closing Transfer Documents

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