Clarification Agreement Sample Contracts

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CLARIFICATION AGREEMENT CLAUSE
Clarification Agreement • October 5th, 2020

Physical damage to a substance of property shall not include damage to data or software, in particular, any detrimental change in data, software or computer programs that is caused by a deletion, a corruption or a deformation of the original structure.

April 30, 2014 Delivered by Electronic Mail Dear Mr. Ian Leopold:
Clarification Agreement • May 19th, 2014 • Moko Social Media LTD • Services-computer programming, data processing, etc.

This Clarification Agreement (this “Agreement”), dated April 30, 2014, is to the letter agreement, dated as of March 4, 2013 (the “Original Agreement”), by and between American Intramural Sports Group LLC (“AISG”) and Moko Social Media Limited (f/k/a MOKO.mobi Limited)(“MOKO”).

Clarification Agreement
Clarification Agreement • February 27th, 2009 • Constellation Energy Partners LLC • Crude petroleum & natural gas

This Clarification Agreement (this “Agreement”) dated as of February 24, 2009, shall clarify the definition of Current Ratio in each of that certain (a) Amended and Restated Credit Agreement dated as of March 28, 2008, by and among Constellation Energy Partners LLC, a Delaware limited liability company (the “Borrower”), each of the Lenders from time to time party thereto, The Royal Bank of Scotland plc, as administrative agent for the Lenders, and BNP Paribas and Wachovia Bank N.A., as co-syndication agents (the “Amended Credit Agreement”); and (b) Credit Agreement dated as of March 28, 2008, by and among the “Borrower, each of the Lenders from time to time party thereto, The Royal Bank of Scotland plc, as administrative agent for the Lenders, and BNP Paribas and Wachovia Bank N.A., as co-syndication agents (the “Credit Agreement,” and together with the Amended Credit Agreement, the “Credit Agreements”). The definition of Current Ratio in each of the Credit Agreements is hereby clarifi

CLARIFICATION AGREEMENT TO WARRANT A AND WARRANT B
Clarification Agreement • April 7th, 2005 • Cordia Corp • Services-business services, nec

THIS CLARIFICATION AGREEMENT TO WARRANT AND WARRANT B, issued by Cordia Corporation., a Nevada corporation ("Cordia"), to Barron Partners, LP, a Delaware limited partnership ("Barrons"), originally dated March 3, 2005, is made and entered this 6th day of April 2005, based on the terms and conditions set forth herein.

EXCHANGE OF PROPERTY AND BLOSSOM ROAD RIGHT-OF-WAY CLARIFICATION AGREEMENT
Clarification Agreement • October 26th, 2020

THIS AGREEMENT, made and entered into this day of 2020, by and between the Board of County Commissioners for MONTROSE COUNTY, COLORADO (“County”) and Virgil & Lee Spann Ranches Inc., a Colorado Corporation whose headquarters address is 36781 Hwy 50, Gunnison, CO 81230 (“Owner”) as follows:

CLARIFICATION AGREEMENT
Clarification Agreement • April 29th, 2010 • Premier Power Renewable Energy, Inc. • Electric & other services combined

For the sake of clarification, as intended in the agreement between Premier Power Renewable Energy, Inc. (“Premier”) and Genesis Capital Advisors, LLC and its designated FINRA licensed Broker Dealer (“Genesis”) dated October 31, 2008 (“Genesis Agreement”), Premier shall pay Genesis a cash fee equal to 6% (which may be reduced to 5% upon mutual written agreement between the parties) of the total consideration received by Premier or its affiliates related to solar power plants built or sold, with respect to which Genesis has provided assistance in the development, financing or sale of said plants or their related special purpose entities. Such fee shall be paid by Premier at the time such consideration is received. All terms of the Genesis Agreement remain in full force and effect.

CLARIFICATION AGREEMENT
Clarification Agreement • March 15th, 2012 • Cyberoptics Corp • Optical instruments & lenses

CyberOptics Corporation, a Minnesota Corporation (the “Company”) and Daniel Good (“Executive”) have previously entered into a Severance Pay Agreement dated May 1, 2010 (the “Agreement”) and wish to clarify the definition of “termination of employment” for all purposes of such agreement. Accordingly, the Company and Executive agree that, for all purposes of the Agreement, “termination” or “termination of employment” shall mean a “separation from service” as that term is defined in Section 409A of the internal revenue Code of 1986, as amended, and the regulations thereunder.

CLARIFICATION AGREEMENT
Clarification Agreement • May 28th, 2008

With regard to the possibility to increase the subscription due by the members of CGQL who became members by purchasing their titles after the date of the transaction, according to the terms established in clause 4.3.2.3 and subsequent paragraphs of the transaction signed between CGQL, SGQL and PLANAL, on the 22nd February 1994, at folio 95 reverse to 97 reverse of book 203-A of the 1st Notary’s office of Loulé.

CLARIFICATION AGREEMENT
Clarification Agreement • March 15th, 2012 • Cyberoptics Corp • Optical instruments & lenses

CyberOptics Corporation, a Minnesota Corporation (the “Company”) and Jeffrey Bertelsen (“Executive”) have previously entered into a Severance Pay Agreement dated May 19, 2008, as amended (the “Agreement”) and wish to clarify the definition of “termination of employment” for all purposes of such agreement. Accordingly, the Company and Executive agree that, for all purposes of the Agreement, “termination” or “termination of employment” shall mean a “separation from service” as that term is defined in Code Section 409A and the regulations thereunder.

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