Common use of ARM'S LENGTH AGREEMENT Clause in Contracts

ARM'S LENGTH AGREEMENT. The parties hereto mutually acknowledge and agree that this Agreement and the matters memorialized herein have been fully negotiated with the assistance of counsel at arms-length. The parties further stipulate and agree that (a) the choice of law, venue and jurisdiction clauses contained in this Agreement are reasonable, (b) neither party had overwhelming bargaining power and (c) all parties were represented by counsel of their choice and were fully advised concerning this Agreement.

Appears in 3 contracts

Samples: Settlement Agreement and Mutual Release (Teltronics Inc), Stock Purchase Agreement (Empire Financial Holding Co), Stock Purchase and Settlement Agreement (Empire Financial Holding Co)

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ARM'S LENGTH AGREEMENT. The parties hereto mutually acknowledge and agree that this Agreement and the matters memorialized herein have been fully negotiated with the assistance of counsel at arms-length. The parties further stipulate and agree that (ai) the choice of law, venue and jurisdiction clauses contained in this Agreement are reasonable, (bii) neither party had overwhelming bargaining power and (ciii) all parties were represented by counsel of their choice and were fully advised concerning this Agreement.

Appears in 1 contract

Samples: Subscription and Stock Purchase Agreement (Empire Financial Holding Co)

ARM'S LENGTH AGREEMENT. The parties Parties hereto mutually acknowledge and agree that this Agreement and the matters memorialized herein have been fully negotiated with the assistance of counsel at arms-length. The parties Parties further stipulate and agree that (a) the choice of law, venue venue, and jurisdiction clauses contained in this Agreement are reasonable, (b) neither party Party had overwhelming bargaining power power, and (c) all parties Parties were represented by counsel of their choice and or they were fully advised concerning this Agreementto seek independent legal counsel, had an opportunity to seek independent counsel, and chose not to.

Appears in 1 contract

Samples: Intellectual Property Purchase Agreement (Monaker Group, Inc.)

ARM'S LENGTH AGREEMENT. The parties hereto mutually acknowledge and agree that this Agreement and the matters memorialized herein have been fully negotiated with the assistance of counsel at arms-length. The parties Company: /s/DAW Gagne: /s/KMG ------- ------- 12 further stipulate and agree that (a) the choice of law, venue and jurisdiction clauses contained in this Agreement are reasonable, (b) neither party had overwhelming bargaining power and (c) all parties were represented by counsel of their choice and were fully advised concerning this Agreement.

Appears in 1 contract

Samples: Severance Agreement (Empire Financial Holding Co)

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ARM'S LENGTH AGREEMENT. The parties hereto mutually acknowledge and agree that this Agreement and the matters memorialized herein have been fully negotiated with the assistance of counsel at arms-length. The parties further stipulate and agree that (a) the choice of law, (b) venue and jurisdiction clauses contained in this Agreement are reasonable, (b) neither party had overwhelming bargaining power and (c) all parties were represented by counsel of their choice and were fully advised concerning this Agreement.that

Appears in 1 contract

Samples: Mutual Release (Empire Financial Holding Co)

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