Change of control counts as a transfer at 50 percent
Catalog row in Vendor License Rules · Cited
- Kind
- Transfer
- Statement
- A transfer is deemed to occur when a third party acquires 50 percent or more of the assets or voting equity of the licensee or a parent entity, or in certain mergers.
- Applies when
- A merger or acquisition of the licensee
- Applies to
- Synopsys End-User Software License and Maintenance Agreement (EULMD2 template)