CHRD » Topics » Term

These excerpts taken from the CHRD 10-Q filed Jan 29, 2009.
Term.  This Agreement shall continue until and terminate upon the later of: (a) five (5) years after the date that Indemnitee shall have ceased to serve as a director and/or officer, employee or agent of the Company; or (b) one (1) year after the final termination of any proceeding, including any appeal then pending, in respect to which Indemnitee was granted rights of indemnification or advancement of expenses hereunder.
 
No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against an Indemnitee or an Indemnitee's estate, spouse, heirs, executors or personal or legal representatives after the expiration of five (5) years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such five-year period; provided, however, that if any shorter period of limitations is otherwise applicable to such cause of action, such shorter period shall govern.
 
13. 
Term.  No Option shall be exercisable after the expiration of ten (10) years from the date it was granted.
 
(B) 
Term.  You may not exercise your Option before the commencement of its term or after its term expires. The term of your Option commences on the Date of Grant and expires upon the earliest of the following:
 
(a) immediately upon the termination of your Continuous Service (as described in Section 10(l) below) for Cause;
 
(b) three (3) months after the termination of your Continuous Service for any reason other than Cause, Disability or death, provided that if during any part of such three (3) month period you may not exercise your Option solely because of the condition set forth in the preceding paragraph relating to “Securities Law Compliance,” your Option shall not expire until the earlier of the Expiration Date or until it shall have been exercisable for an aggregate period of three (3) months after the termination of your Continuous Service (as described in Section 10(l) below);
 
(c) twelve (12) months after the termination of your Continuous Service due to your Disability;
 
(d) eighteen (18) months after your death if you die either during your Continuous Service or within three (3) months after your Continuous Service terminates for any reason other than Cause;
 
(e) the Expiration Date indicated in your Grant Notice; or
 
(f) the day before the tenth (10th) anniversary of the Date of Grant.
 
8. 
Term. You may not exercise your option before the commencement of its term or after its term expires. The term of your option commences on the Date of Grant and expires upon the earliest of the following:

This excerpt taken from the CHRD DEF 14A filed Dec 17, 2008.
(i) Term. No Stock Appreciation Right shall be exercisable after the expiration of ten (10) years from the date of its grant or such shorter period specified in the Stock Appreciation Right Agreement.

                
These excerpts taken from the CHRD 8-K filed Nov 25, 2008.
Term.  You may not exercise your Option before the commencement of its term or after its term expires. The term of your Option commences on the Date of Grant and expires upon the earliest of the following:
 
(a) immediately upon the termination of your Continuous Service (as described in Section 10(l) below) for Cause;
 
(b) three (3) months after the termination of your Continuous Service for any reason other than Cause, Disability or death, provided that if during any part of such three (3) month period you may not exercise your Option solely because of the condition set forth in the preceding paragraph relating to “Securities Law Compliance,” your Option shall not expire until the earlier of the Expiration Date or until it shall have been exercisable for an aggregate period of three (3) months after the termination of your Continuous Service (as described in Section 10(l) below);
 
(c) twelve (12) months after the termination of your Continuous Service due to your Disability;
 
(d) eighteen (18) months after your death if you die either during your Continuous Service or within three (3) months after your Continuous Service terminates for any reason other than Cause;
 
    (e) the Expiration Date indicated in your Grant Notice; or
 
    (f) the day before the tenth (10th) anniversary of the Date of Grant.
    
8. 
Term. You may not exercise your option before the commencement of its term or after its term expires. The term of your option commences on the Date of Grant and expires upon the earliest of the following:

This excerpt taken from the CHRD 8-K filed Jun 3, 2008.
Term.  The Board of Directors, subject to any requirements of any outstanding series of Preferred Stock and the provisions of subsections (a) or (b) of this Bylaw, may at any time increase or decrease the number of members of a committee or terminate the existence of a committee.  The membership of a committee member shall terminate on the date of his death or voluntary resignation from the committee or from the Board of Directors.  The Board of Directors may at any time for any reason remove any individual committee member and the Board of Directors may fill any committee vacancy created by death, resignation, removal or increase in the number of members of the committee.  The Board of Directors may designate one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee, and, in addition, in the absence or disqualification of any member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not he or they constitute a quorum, may unanimously appoint another member of the Board of Directors to act at the meeting in the place of any such absent or disqualified member.
 
(d) 
This excerpt taken from the CHRD 10-Q filed Feb 7, 2008.
Term”).
 
The terms and conditions in this CoA will continue to apply to any Purchase Order accepted by SGC prior to the effective date of the termination of this CoA, but will not apply to any Purchase Order accepted by SGC after such effective date.
 
2.  
PURPOSE
 
Following the Effective Date, SGC shall supply Products and Services to VGC in accordance with this CoA, including the Schedules as modified by any Special Conditions permitted under Clause 3 of Schedule 2 (GTCs).

CoA
1

[ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

 

 
3.  
NOTICES
 
For the purpose of giving notices under this CoA, the details of the Parties are as follows:if to VGC:
 
[            ]
 
to the Supplier:
Chordiant Software, Inc.
20400 Stevens Creek Blvd.
Cupertino, CA 95014
Marked for the attention of: Director of Finance
Facsimile Number: [    ]
Copy to
Attn.: General Counsel
 
or such other details as a Party may notify to the other Party from time to time.
 
4.  
ENTIRE AGREEMENT
 
This CoA represents the entire understanding between the Parties in relation to its subject matter and supersedes all prior agreements and representations made by either Party, whether written or oral, except as set forth in the Special Conditions.
 
5.  
DEFINITIONS
 
All undefined terms appearing in this CoA shall have the meaning given to them in the Schedules attached hereto and incorporated herein.
 
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