Amendment to Section 4(b) Sample Clauses
Amendment to Section 4(b). Section 4(b) of the Employment Agreement is hereby deleted in its entirety and replaced with the following:
Amendment to Section 4(b). (b) of the Dealer Manager Agreement is hereby amended and restated in its entirety as follows:
Amendment to Section 4(b). The following new subsection (v) is hereby added to Section 4(b) of the Prior Agreement:
Amendment to Section 4(b). Section 4(b) of the Loan Agreement is hereby amended and restated to read as follows:
Amendment to Section 4(b). Section 4(b) is hereby amended and restated in its entirety as follows:
Amendment to Section 4(b). Section 4(b) shall be deemed to have been deleted and the following section shall be deemed to have been inserted in its place:
Amendment to Section 4(b). The last sentence of Section 4(b) shall be deleted in its entirety and replaced with the following in lieu thereof: “Such compensation shall be paid in a lump sum as soon as reasonably practicable and in all events within ninety (90) days following the date of the Employee’s termination.”
Amendment to Section 4(b). (iii). Section 4(b)(iii) shall be deleted in its entirety and the following substituted therefore:
Amendment to Section 4(b). The penultimate sentence of Section 4(b) of the Executive Employment Agreement is hereby amended by replacing such sentence in its entirety with the following sentence: “Each Bonus shall be payable at a time to be determined by the Board (or a committee thereof) in its sole discretion but no later than thirty days after delivery to the Company of final financial statement certified by its auditors (and in no event later than December 31st of the taxable year following the taxable year in which such Bonus is earned).”
Amendment to Section 4(b). Section 4(b) of the Note is hereby deleted and replaced in its entirety with the following: “The conversion price for the principal and interest, if any, in connection with voluntary conversions by the Holder shall be $5.95 per share of Common Stock, subject to adjustment herein upon the satisfaction of the requisite conditions for such adjustment (the “Conversion Price”).”