OWNERSHIP OF DEALER. This Agreement requires the personal services of the owners and management of DEALER, and has been entered into by Porsche in reliance upon, and in consideration of, DEALER's representation that only the persons named herein are the Owner(s) and General Manager of DEALER, that such persons will serve in the capacities indicated, and that such persons are committed to achieving the purposes, goals and commitments of this Agreement. DEALER represents that only the following persons have an actual or beneficial ownership interest in DEALER and that their ownership interests are as follows: -------------------------------------------------------------------------------- NAME ADDRESS TITLE OWNERSHIP INTEREST -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- --------------------------------------------------------------------------------
OWNERSHIP OF DEALER. This Agreement requires the personal services of the owners and management of DEALER, and has been entered into by Porsche in reliance upon, and in consideration of, DEALER's representation that only the persons named herein are the Owner(s) and General Manager of DEALER, that such persons will serve in the capacities indicated, and that such persons are committed to achieving the purposes, goals and commitments of this Agreement. DEALER represents that only the following persons have an actual or beneficial ownership interest in DEALER and that their ownership interests are as follows: -------------------------------------------------------------------------------- NAME ADDRESS TITLE OWNERSHIP INTEREST -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- SECTION III. MANAGEMENT OF DEALER DEALER has nominated ______________________________ to serve as on-site General Manager of the dealership. Porsche and DEALER agree that the retention of qualified management is of critical importance to satisfy the commitments made by DEALER in this Agreement. DEALER agrees that its General Manager and no other person, will exercise the function of General Manager, shall be involved on a full-time basis in the dealership's day- 3 <PAGE> to-day operations and shall have full managerial authority to make all operating decisions for DEALER. DEALER further agrees that the General Manager shall devote his or her full efforts to DEALER's operations. Relying on the personal qualifications and automotive business experience of __________________________ and the representations with respect thereto, and further relying on the agreement of DEALER as set forth herein, Porsche accepts DEALER's nomination of _____________________________________ as General Manager.
OWNERSHIP OF DEALER. DISTRIBUTOR enters into this Agreement in reliance upon DEALER's representation that the following persons, and only the following persons, will be the Owner(s) of DEALER and that, by their signatures hereto, such persons are committed to the achievement of the purposes and objectives of this Agreement and agree to abide by the terms and conditions herein: OWNERSHIP NAME ADDRESS INTEREST ---- ------- ---------
OWNERSHIP OF DEALER. Company enters into this Dealer Agreement in reliance upon Dealer's representation that the following person(s), and only the following person(s), will be the Dealer Owner(s) and that they are committed to the achievement of the purposes and objectives of this Dealer Agreement: PERCENT NAME ADDRESS OWNERSHIP Waltxx X. Xxxxxxxxxxx, Xx. 2150 Xxxx Xxxxxxx 100% Smyrna, GA 30080 --------------------------------------------------------------------------- --------------------------------------------------------------------------- ---------------------------------------------------------------------------
OWNERSHIP OF DEALER. MMSA and DEALER recognize that the ability of DEALER to satisfactorily perform this Agreement is conditioned upon the continued active involvement in and/or ownership of DEALER by the following person(s) in the percentage(s) shown (hereinafter referred to as the "Owners"): Involvement Percentage of in Management Name Title Ownership (Active or Inactive) ---- ----- --------- ------------------- FirstAmerica Automotive, - 100% No Inc. --------------------------------------------------------------------------------------- Xxxxxx X. Price President - Yes --------------------------------------------------------------------------------------- Xxxxxx X. Xxxxxxx Vice-President - Yes --------------------------------------------------------------------------------------- Xx Xxxxxxxxxx Secretary/Treasurer - Yes --------------------------------------------------------------------------------------- _______________________________________________________________________________________ This Agreement has been entered into by MMSA in reliance upon, and in consideration of, the personal qualifications and representations of the above- named Owners. Accordingly, except as otherwise provided herein, no change in the active involvement in DEALER'S management by the Owners and no change in the ownership of DEALER by the Owners which results in a change in majority control or interest shall be permitted by DEALER or any Owner without the prior written approval of MMSA, which approval shall not be unreasonably withheld.
OWNERSHIP OF DEALER. The current owners and percentage ownership of Dealer are set forth on Exhibit “D.” For purposes of this agreement, ____________________ is named the “General Manager” of Dealer.
OWNERSHIP OF DEALER. MMSA and Dealer recognize that the ability of Dealer to satisfactorily perform this Agreement is conditioned upon the continued active involvement in and/or ownership of Dealer by the following person(s) in the percentage(s) shown (hereinafter referred to as the "Owners"):
X. Xxxxxxxxxxxxx Secretary Inactive ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- This Agreement has been entered into by MMSA in reliance upon, and in consideration of, the personal qualifications and representations of the above-named Owners. Accordingly, except as otherwise provided herein, no change in the active involvement in Dealer's management by the Owners and no change in the ownership of Dealer by the Owners which results in a change in majority control or interest shall be permitted by Dealer or any Owner without the prior written approval of MMSA, which approval shall not be unreasonably withheld.
OWNERSHIP OF DEALER. MMSA and DEALER recognize that the ability of DEALER to satisfactorily perform this Agreement is conditioned upon the continued active involvement in and/or ownership of DEALER by the following person(s) in the percentage(s) shown (hereinafter referred to as the "Owners"): Involvement Percentage in Management Name Title of (Active or Inactive) ---- ----- Ownership -------------------- ----------- Boomxxxxxxx Xxxomotive Group, Inc. Holding Company 100% -----------------------------------------------------------------------------------------------
OWNERSHIP OF DEALER. DEALER represents and warrants and this Agreement is conditioned upon, and is entered into by SUZUKI upon the representations and warranties of Dealer that:
OWNERSHIP OF DEALER. COMPANY enters into this Agreement in reliance upon DEALER's representation that the person(s), and only the person(s) identified in Part I will be the owner(s) of DEALER ("Owner" or "Owners") and that such Owners are committed to the achievement of the purposes and objectives of this Agreement and agree to abide by its terms and conditions, as evidenced by their signature(s) under the heading "CERTIFICATION" in Part I. There shall be no direct or indirect change in the identity of any Owner or any Owner's relative percentage interest in DEALER or in any entity which holds an ownership interest in DEALER other than in strict compliance with Article XI of this Agreement, including the payment of COMPANY's then current transfer fee.
