Special Parent Payment. In the event that Company shall terminate this Agreement pursuant to Section 8.1.E., Parent shall pay to Company an amount in cash equal to Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), and Parent hereby waives the right to offset such amount against any amounts due Parent by Company pursuant to the loan described in Section 5.8.
Appears in 2 contracts
Samples: Exhibit 1 (Medical Dynamics Inc), Agreement and Plan of Merger (Practice Works Inc)
Special Parent Payment. In the event that Company shall terminate this Agreement pursuant to Section 8.1.E., the Parent shall pay to Company an amount in cash equal to Two Hundred Fifty Thousand one hundred fifty thousand and No/100 Dollars no/100 dollars ($250,000.00150,000.00), and Parent hereby waives the right to offset such amount against any amounts due Parent by Company pursuant to the loan described in Section 5.8.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Infocure Corp)
Special Parent Payment. In the event that Company shall terminate this Agreement pursuant to Section 8.1.E., the Parent shall pay to Company an amount in cash equal to Two One Hundred Fifty Thousand and No/100 Dollars ($250,000.00150,000.00), and Parent hereby waives the right to offset such amount against any amounts due Parent by Company pursuant to the loan described in Section 5.8.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Medical Dynamics Inc)
