ECommerce Venture

ECommerce Venture. Means one or more business ventures, in whatever form (whether corporation, limited liability company, general or limited partnership, joint venture, business trust or otherwise), in which Carriage or its affiliates or their successors and assigns has a financial interest, if such venture is primarily engaged in the E-Commerce Business. Any business venture which arises from EDS Development Rights is specifically intended to be encompassed with the definition of... "E-Commerce Venture." In addition, the parties acknowledge that Carriage Life Events has been formed for the specific purpose of developing such rights and concepts and that it constitutes an E-Commerce Venture for purposes hereof. On the other hand, neither Lifetime Reflections nor Legacy Management Partners shall be deemed E-Commerce Ventures. The parties acknowledge that the idea or concept of rating businesses or firms (other than in the death care industry) according to quality or other criteria is not intellectual property of Carriage for purposes hereof. View More