Now therefore, Messrs Clause Samples

Now therefore, Messrs. Manfred Weise, Dennis Robert Weise and Patrick Norbert Weise, both i▇ ▇▇▇▇▇ ▇▇▇▇▇id▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇ shar▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇ Partnership, declare the acceptance of the offer made under the Put Option Agreement. The acceptance is made subject to the conditions of the Put Option Agreement. EXHIBIT B Acceptance of the Call Option EXERCISE OF OPTION (1) By way of notarial deed dated 15 June 2000 - Deed Roll No. 961/2000 of the notary public Dr. Rolf Jauch, Stuttgart (hereinafter referred to as the Call Optio▇ ▇▇▇▇▇▇▇▇▇) Messrs. Manfred Weise, Dennis Robert Weise and Patrick Norbert Weise, both i▇ ▇▇▇▇▇ ▇▇▇▇▇id▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇ shar▇▇▇▇▇▇▇▇ ▇▇ ▇ ▇▇▇▇▇ ▇artnership under the German Civil Code (BGB), have offered to On Track Innovations Ltd, a public company duly organized and existing under the laws of Israel (Reg. No.: 52-004268-2) (hereinafter referred to as OTI) to sell and transfer ownership interests in InterCard GmbH Kartensysteme, a company registered with the Commercial Register of the Villingen-Schwenningen Local Court under HRB 603 and InterCard GmbH Systemelectronic, a company registered with the Commercial Register of the Villingen-Schwenningen Local Court under HRB 532 (both companies hereinafter referred to as InterCard). (hereinafter referred to as the Call Option) With regard to the details of the Call Option, reference is made to the Call Option Agreement.
Now therefore, Messrs. Micciche, Underseth and Borge hereby agree as follows: I▇ ▇▇▇▇▇deration of the ▇▇▇▇▇ recitals, and the purchase of Oryx's securities by the investors named in the Purchase Agreement, each of Messrs. Micciche, Underseth and Borge hereby agree, now and forever, that ▇▇ ▇▇▇▇l not make, and h▇ ▇▇▇eby waives, forfeits, abandons, relinquishes and releases, now and forever, any claim to the profits of Oryx Ventures which arise from, relate to, or derive in any manner from any securities purchased directly by Oryx Ventures in S2 Technologies using, arising out of, or relating to the funds paid by purchasers for the common stock and warrants purchased under the Purchase Agreement. This Waiver shall not affect the rights of Messrs. Micciche, Underseth and Borge to claim their share and the proceed▇ ▇▇▇▇▇of of any prior o▇ ▇▇▇ure investment made by Oryx Ventures in S2 Technologies.

Related to Now therefore, Messrs

  • NOW, THEREFORE the parties hereto agree as follows:

  • NOW, THEREFORE, WITNESSETH The parties hereby agree as follows:

  • NOW, THERFORE in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

  • NOW THEREFOR in consideration of the mutual covenants and agreements hereinafter contained, the parties hereto agree as follows:

  • NOW THEREFORE IT IS HEREBY AGREED that in consideration of the mutual covenants and agreements herein set forth, the parties agree as follows: