Common use of ADDITIONAL EVENTS Clause in Contracts

ADDITIONAL EVENTS. Any one or more of the following specified events occurs: (a) The United States Patent Office determines that no patent is issuable to CAC with respect to any one or more of the patent applications listed on EXHIBIT A attached hereto, or the United States Patent Office or a court of competent jurisdiction determines that any one or more of the patents listed on EXHIBIT A attached hereto or that issue with respect the patent applications listed on EXHIBIT A attached hereto is invalid. (b) A major change occurs which presents a clear, material, near term threat to the continued viability of CAC's business, as evidenced by actions of CAC's Board of Directors indicating a significant departure from CAC's current business plan.