VALIDITY; STOCKHOLDER CAPACITY. This Agreement, the Stockholder Employment Agreement (as defined in Section 8.3, if applicable), and each other agreement contemplated hereby or thereby have been or will be as of the Closing Date duly executed and delivered by the Stockholder and constitute or will constitute legal, valid and binding obligations of the Stockholder, enforceable against the Stockholder in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. The Stockholder has legal capacity to enter into and perform this Agreement and his or her Stockholder Employment Agreement.
Appears in 6 contracts
Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger (Universal Document MGMT Systems Inc)
VALIDITY; STOCKHOLDER CAPACITY. This Agreement, the Stockholder Employment Agreement (as defined in Section 8.3, if applicable), and each other agreement contemplated hereby or thereby have been or will be as of the Closing Date duly executed and delivered by the Stockholder and constitute or will constitute legal, valid and binding obligations of the Stockholder, enforceable against the Stockholder in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. The Stockholder has legal capacity to enter into and perform this Agreement and his or her Stockholder Employment Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc)
VALIDITY; STOCKHOLDER CAPACITY. This Agreement, the Stockholder Employment Agreement (as defined in Section 8.3, if applicable), and each other agreement contemplated hereby or thereby have been or will be as of the Closing Date duly executed and delivered by the Stockholder and constitute constitutes or will constitute legal, valid and binding obligations of the Stockholder, enforceable against the Stockholder in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. The Stockholder has legal capacity to enter into and perform this Agreement and his or her Stockholder Employment Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc)
