Common use of Distribution Generally Clause in Contracts

Distribution Generally. Although neither party has any plan or intent to effectuate a Distribution, at any time after the IPO Date, if Intel, in its sole and absolute discretion, advises Mobileye that Intel intends to pursue a Distribution, Mobileye agrees to take all actions reasonably requested by Intel to facilitate such Distribution.

Appears in 2 contracts

Sources: Master Transaction Agreement (Mobileye Global Inc.), Master Transaction Agreement (Mobileye Global Inc.)