Waiver of Closing Condition Sample Contracts

WAIVER OF CLOSING CONDITION

Waiver of Closing Condition • August 5th, 2009 • Charmed Homes Inc. • Operative builders

• Contract Type
  Waiver of Closing Condition
• Filed
  August 5th, 2009
• Company
  Charmed Homes Inc.
• Industry
  Operative builders

Under 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.