Common use of Affiliate Arrangements Clause in Contracts

Affiliate Arrangements. There are no contractual arrangements or obligations owed to or by the Company and its Subsidiaries by or to any Affiliate other than this Note, the Line of Credit Note, the Harlingwood Notes, and obligations to employees and officers for (i) payment of salary and commissions and bonuses for services rendered, (ii) reimbursement for reasonable expenses incurred on its behalf and (iii) other standard employee benefits made generally available to all employees.

Appears in 3 contracts

Samples: Subordinated Note (Spy Inc.), Promissory Note (Spy Inc.), Debt Subordination Agreement (Spy Inc.)

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Affiliate Arrangements. There are no contractual arrangements or obligations owed to or by the Company and its Subsidiaries by or to any Affiliate other than this Note, the Line of Credit Term Note, the Harlingwood Notes, and obligations to employees and officers for (i) payment of salary and commissions and bonuses for services rendered, (ii) reimbursement for reasonable expenses incurred on its behalf and (iii) other standard employee benefits made generally available to all employees.

Appears in 3 contracts

Samples: Subordinated Note (Spy Inc.), Promissory Note (Spy Inc.), Debt Subordination Agreement (Spy Inc.)

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Affiliate Arrangements. There are no contractual arrangements or obligations owed to or by the Company and its Subsidiaries by or to any Affiliate other than this Note, the Line of Credit Term Note, the Harlingwood Notes, and obligations to employees and officers for (i) payment of salary and commissions and bonuses for services rendered, (ii) reimbursement for reasonable expenses incurred on its behalf and (iii) other standard employee benefits made generally available to all employees.

Appears in 1 contract

Samples: Debt Subordination Agreement (Spy Inc.)

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