Common use of List of Material Contracts Clause in Contracts

List of Material Contracts. The WE JAC Disclosure Letter sets forth as of the date hereof a list of all material written, and a description of all oral, commitments, agreements or contracts to which WE JAC or any of its Subsidiaries is a party or by which WE JAC or any Subsidiary is obligated, other than agreements pursuant to which Precision Tune or National 60 Minute Tune has granted any franchise or similar rights with respect to the Precision Tune System or any license or similar rights with respect to any of the Precision Tune Marks, including, but not limited to, all commitments, agreements or contracts embodying or evidencing the following transactions or arrangements: (i) agreements for the employment of, or independent contractor arrangements with, any officer or other individual employee of WE JAC or any of its Subsidiaries; (ii) any consulting agreement, agency agreement and any other service agreement that will continue in force after the Closing Date with respect to the employment or retention by WE JAC or any of its Subsidiaries of consultants, agents, legal counsel, accountants or anyone else who is not an Employee; (iii) any single contract, purchase order or commitment providing for expenditures by WE JAC or any of its Subsidiaries after the date hereof of more than $25,000 or which has been entered into by WE JAC or any of its Subsidiaries otherwise than in the ordinary course of business; (iv) agreements between WE JAC or any of its Subsidiaries and suppliers to WE JAC or any of its Subsidiaries pursuant to which either WE JAC or any of its Subsidiaries is obligated to purchase or to sell or distribute the products of any other party other than current purchase orders entered into in the ordinary course of business consistent with past practices; (v) any contract containing covenants limiting the freedom of WE JAC or any of its Subsidiaries or any officer, director, or employee of WE JAC or any of its Subsidiaries to engage in any line or type of business or with any person in any geographic area; (vi) any commitment or arrangement by WE JAC or any of its Subsidiaries to participate in a strategic alliance, partnership, joint venture, limited liability company or other cooperative undertaking with any other Person; (vii) any commitments by WE JAC or any of its Subsidiaries for capital expenditures involving more than $25,000 individually or $50,000 in the aggregate; and (viii) any other contract, commitment, agreement, understanding or arrangement that the management of WE XXX xxxxx to be material to the business of WE JAC or any of its Subsidiaries. 6.14.2

Appears in 2 contracts

Samples: Precision Auto Care Inc, Precision Auto Care Inc

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List of Material Contracts. The WE JAC Disclosure Letter sets forth as of the date hereof a list of all material written, and a description of all oral, commitments, agreements or contracts to which WE JAC or any of its Subsidiaries is a party or by which WE JAC or any Subsidiary is obligated, other than agreements pursuant to which Precision Tune or National 60 Minute Tune has granted any franchise or similar rights with respect to the Precision Tune System or any license or similar rights with respect to any of the Precision Tune Marks, including, but not limited to, all commitments, agreements or contracts embodying or evidencing the following transactions or arrangements: (i) agreements for the employment of, or independent contractor arrangements with, any officer or other individual employee of WE JAC or any of its Subsidiaries; (ii) any consulting agreement, agency agreement and any other service agreement that will continue in force after the Closing Date with respect to the employment or retention by WE JAC or any of its Subsidiaries of consultants, agents, legal counsel, accountants or anyone else who is not an Employee; (iii) any single contract, purchase order or commitment providing for expenditures by WE JAC or any of its Subsidiaries after the date hereof of more than $25,000 or which has been entered into by WE JAC or any of its Subsidiaries otherwise than in the ordinary course of business; (iv) agreements between WE JAC or any of its Subsidiaries and suppliers to WE JAC or any of its Subsidiaries pursuant to which either WE JAC or any of its Subsidiaries is obligated to purchase or to sell or distribute the products of any other party other than current purchase orders entered into in the ordinary course of business consistent with past practices; (v) any contract containing covenants limiting the freedom of WE JAC or any of its Subsidiaries or any officer, director, or employee of WE JAC or any of its Subsidiaries to engage in any line or type of business or with any person in any geographic area; (vi) any commitment or arrangement by WE JAC or any of its Subsidiaries to participate in a strategic alliance, partnership, joint venture, limited liability company or other cooperative undertaking with any other Person; (vii) any commitments by WE JAC or any of its Subsidiaries for capital expenditures involving more than $25,000 individually or $50,000 in the aggregate; and (viii) any other contract, commitment, agreement, understanding or arrangement that the management of WE XXX xxxxx to be material to the business of WE JAC or any of its Subsidiaries. 6.14.2.

Appears in 1 contract

Samples: Termination of Agreement (Precision Auto Care Inc)

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List of Material Contracts. The WE JAC ITS PLC Disclosure Letter sets forth as of the date hereof a list of all material written, and a description of all oral, commitments, agreements or contracts to which WE JAC ITS PLC or any of its the ITS Subsidiaries is a party or by which WE JAC ITS PLC or any Subsidiary of the ITS Subsidiaries is obligated, other than agreements pursuant identifying in each case the parties to which Precision Tune each such commitment, agreement or National 60 Minute Tune has granted any franchise or similar rights with respect to the Precision Tune System or any license or similar rights with respect to any of the Precision Tune Markscontract, including, but not limited to, all commitments, agreements or contracts embodying or evidencing the following transactions or arrangements: (ia) agreements for the employment of, or independent contractor arrangements with, any officer or other individual employee of WE JAC ITS PLC or any of its the ITS Subsidiaries; (iib) any consulting agreement, agency agreement and any other service agreement that will continue in force after the Closing Date with respect to the employment or retention by WE JAC ITS PLC or any of its the ITS Subsidiaries of consultants, agents, legal counsel, accountants or anyone else who is not an Employee; (iiic) any single contract, purchase order or commitment providing for expenditures by WE JAC ITS PLC or any of its the ITS Subsidiaries after the date hereof of more than $25,000 or which has been entered into by WE JAC ITS PLC or any of its the ITS Subsidiaries otherwise than in the ordinary course of business; (ivd) agreements between WE JAC ITS PLC or any of its the ITS Subsidiaries and suppliers to WE JAC ITS PLC or any of its the ITS Subsidiaries pursuant to which either WE JAC ITS PLC or any of its the ITS Subsidiaries is obligated to purchase or to sell or distribute the products of any other party other than current purchase orders entered into in the ordinary course of business consistent with past practices; (ve) any contract containing covenants limiting the freedom of WE JAC ITS PLC or any of its the ITS Subsidiaries or any officer, director, or employee of WE JAC ITS PLC or any of its the ITS Subsidiaries to engage in any line or type of business or with any person in any geographic area; (vif) any commitment or arrangement by WE JAC ITS PLC or any of its the ITS Subsidiaries to participate in a strategic alliance, partnership, joint venture, limited liability company or other cooperative undertaking with any other Person; (viig) any commitments by WE JAC ITS PLC or ITS PLC or any of its the ITS Subsidiaries for capital expenditures involving more than $25,000 individually or $50,000 in the aggregate; and (viiih) any other contract, commitment, agreement, understanding or arrangement that the management of WE XXX xxxxx ITS PLC deems to be material to the business of WE JAC or any of its the ITS Subsidiaries. 6.14.2.

Appears in 1 contract

Samples: Offshore Tool & Energy Corp

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