Cancellation Agreement and Unsecured Subordinated Promissory Note Sample Contracts

CANCELLATION AGREEMENT AND UNSECURED SUBORDINATED PROMISSORY NOTE
Cancellation Agreement and Unsecured Subordinated Promissory Note • July 13th, 2001 • Intraware Inc • Communications services, nec • California

This Note may not be assigned or transferred in any manner without the prior written consent of Borrower, including, but not limited to, in the case of any Change of Control, as defined below. Further, the Company agrees that all of the amounts outstanding under this Note, including all principal and interest, shall be cancelled and the Company shall have no remedy for collection and no legal redress in the event of a "Material Adverse Change" as defined below.

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