WAIVER OF CLOSING CONDITIONWaiver of Closing Condition • August 5th, 2009 • Charmed Homes Inc. • Operative builders
Contract Type FiledAugust 5th, 2009 Company IndustryUnder Section 6.2(e) of the Merger Agreement, dated January 8, 2009, by and among Charmed Homes Inc. (“Buyer”), Charmed Homes Subsidiary, Inc. (“Transitory Subsidiary”), certain shareholders and IntelaSight, Inc. (“Target”), it is a condition to the closing of the merger that Buyer shall have no assets, liabilities or contingent liabilities as of the Closing Date.