Certain Covenants of Palomar Sample Clauses

Certain Covenants of Palomar. All costs and expenses in connection with the organization of the Company and the negotiation and preparation of this Agreement, the employment agreements of Xxxxxxx Xxxxxxxx, Xxxxx Xxxxxxxx and Xxxxxx Xxxxx, the Stock Option Plan, the assumption of the Swan Note and the transactions contemplated hereby, in an amount reasonably acceptable to Palomar, shall be borne by Palomar. If you are in agreement with the foregoing, please sign your name below and also at the bottom of the Confidential Information Agreement, whereupon both agreements shall become binding in accordance with their terms. Please then return this Agreement to the Company. (You may retain for your records the accompanying counterpart of this Agreement enclosed herewith). Very truly yours, DYNASYS SYSTEMS CORPORATION By: /s/ Xxxxxx Xxxxxxxx -------------------------------- Xxxxxx Xxxxxxxx Chairman of the Board of Directors Accepted and Agreed: /s/ Xxxxxx X. Xxxxx, Xx. ----------------------------------------- Xxxxxx X. Xxxxx, Xx. Agreed, in regard to the guarantee set forth in subsection 2.2(d) and the covenants set forth in Section 18: Palomar Medical Technologies, Inc. By: /s/ Xxxxxx Xxxxxxxx ---------------------------------- Title: Chairman & CEO ------------------------------- EXHIBIT A EMPLOYMENT TERM, COMPENSATION AND BENEFITS OF Xxxxxx X. Xxxxx, Xx.
Sample 1
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Related to Certain Covenants of Palomar

  • Certain Covenants of the Parties Seller and Company, on the one hand, and Buyer, on the other hand, hereby covenant to and agree with one another as follows:

  • Certain Covenants of the Company The Company hereby agrees:

  • Certain Covenants (a) The Company covenants that all shares of Common Stock issued upon conversion of Notes will be fully paid and non-assessable by the Company and free from all taxes, liens and charges with respect to the issue thereof.

  • Certain Covenants of Stockholder 7.1 Except in accordance with the provisions of this Agreement, Stockholder agrees, while this Agreement is in effect, not to, directly or indirectly:

  • Certain Covenants of the Executive The Executive acknowledges that (i) the Company, Parent and Parent's affiliates (collectively, "Thomson") are engaged and in the future will be engaged in the businesses of developing, operating, offering for sale and selling news or other current information or software-based solutions pertaining thereto to corporations and other businesses, government agencies, universities and other academic institutions and professional services providers (e.g. law, accounting and consulting firms) (the foregoing, together with any other businesses or operations over which Executive has substantial responsibility from the date hereof to the date of termination of the Executive's employment with the Company (or an affiliate thereof), being hereinafter referred to as the "Restricted Activity"); (ii) his services to the Company and Thomson have been and will be special and unique; (iii) his work for the Company and Thomson will give him access to trade secrets of and confidential information concerning the Company, Thomson and their affiliated companies; (iv) the Restricted Activity is national and international in scope; (v) the Company would not have entered into this Agreement but for the agreements and covenants contained in this Section 5; (vi) he has the means to support himself and his dependents other than by engaging in the Restricted Activity and the provisions of this Section 5 will not impair such ability; and (vii) the agreements and covenants contained in this Section 5 are essential to protect the business and goodwill of the Company, Thomson and their affiliates. In order to induce the Company to enter into this Agreement, and in consideration for the benefits received by the Executive pursuant to this Agreement, and other good and valuable consideration the receipt of which is hereby acknowledged, the Executive covenants and agrees as follows:

  • Certain Covenants of the Stockholder Except in accordance with the terms of this Agreement, the Stockholder hereby covenants and agrees as follows:

  • Certain Covenants and Agreements The Company hereby covenants and agrees that:

  • Certain Covenants and Agreements of the Company The Company covenants and agrees at its expense and without any expense to the Placement Agent as follows:

  • Covenants of Party B Party B hereby covenants as follows:

  • Covenants of Party A (a) Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

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