Indebtedness to and from Affiliates. As of the Closing Date, CPHR is not indebted, directly or to its Knowledge indirectly, to any officer, director or 10% stockholder of CPHR in any amount other than for salaries for services rendered or reimbursable business expenses, and no such person is indebted to CPHR except for advances made to employees of CPHR in the ordinary course of business to meet reimbursable business expenses.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Smeeding James E), Agreement and Plan of Merger (Sherwood Mathew D), Agreement and Plan of Merger (CannaPharmaRX, Inc.)
Indebtedness to and from Affiliates. As of the Closing Date, CPHR is not indebted, directly or to its Knowledge CPHR's knowledge indirectly, to any officer, director or 10% stockholder of CPHR in any amount other than for salaries for services rendered or reimbursable business expenses, and no such person is indebted to CPHR except for advances made to employees of CPHR in the ordinary course of business to meet reimbursable business expenses.
Appears in 2 contracts
Samples: Merger Agreement (Herick Gary J), Merger Agreement (Golden Dragon Holding Co.)
