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Geek Culture / Explain English please

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Alex_Peres
8
Years of Service
User Offline
Joined: 13th May 2009
Location: The Milky Way Galaxy
Posted: 24th Aug 2017 12:33
Could any one explain me please, what is that mean in the agreement?
"The Publishing Rights shall be exclusive to SomeCompany throughout the Term and any Wind-Down Period."
I don't understand what the "any Wind-Down Period" means.
Thanks.
Stephen Elliott
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Joined: 31st Jul 2017
Location:
Posted: 24th Aug 2017 13:54
The wind-down period of a company is when it is coming to an end.
Alex_Peres
8
Years of Service
User Offline
Joined: 13th May 2009
Location: The Milky Way Galaxy
Posted: 24th Aug 2017 14:35
You mean is like forever?
Stephen Elliott
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Joined: 31st Jul 2017
Location:
Posted: 24th Aug 2017 14:56
Yes, that is my understanding.
Alex_Peres
8
Years of Service
User Offline
Joined: 13th May 2009
Location: The Milky Way Galaxy
Posted: 24th Aug 2017 16:49
Thanks

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