Effect of Transactions on Company Technology Rights or Data Privacy. The Transactions (including the Merger) shall not adversely affect the Company’s ownership of any Company Technology or the Company’s legal right and ability to continue using the Company Technology in the operation of the Company’s business on or after the Effective Time to the same extent as the Company Technology is used in the operation of the business prior to the Effective Time. The Transactions (including the Merger) (including any transfer of Personal Data resulting from the Transactions) (a) comply with all Personal Data Obligations of the Company, and (b) comply (and the disclosure to, transfer to, and use by the Parent of such Personal Data after the Closing will comply) with all Information Privacy and Security Laws (including any such Laws and regulations in the jurisdictions where the Personal Data is collected). Following the Effective Time, the Surviving Corporation shall continue to have the right to use such Personal Data on identical terms and conditions as the Company enjoyed immediately prior to the Effective Time.
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Sources: Merger Agreement (Invitae Corp)
Effect of Transactions on Company Technology Rights or Data Privacy. The Transactions (including the Merger) shall not adversely affect the Company’s ownership of any Company Technology or the Company’s legal right and ability to continue using the Company Technology in the operation of the Company’s business on or after the Effective Time Closing to the same extent as the Company Technology is used in the operation of the business prior to the Effective TimeClosing. The Transactions (including the Merger) (including any transfer of Personal Data resulting from the Transactions) (ai) comply with all Personal Data Obligations of the Company, and (bii) comply (and the disclosure to, transfer to, and use by the Parent Company of such Personal Data after the Closing will comply, assuming all processing activities and Laws remain the same) with all Information Privacy and Security Laws (including any such Laws and regulations in the jurisdictions where the Personal Data is collected). Following the Effective TimeClosing, the Surviving Corporation Company shall continue to have the right to use such Personal Data on identical terms and conditions as the Company enjoyed immediately prior to the Effective TimeClosing (assuming all processing activities and Laws remain the same).
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