Examples of Intek in a sentence
This Agreement constitutes, and the Documents constitute, valid and binding obligations of Intek, enforceable in accordance with their respective terms, except as may be limited by principles of public policy and except as indemnification provisions may be limited by securities laws, and subject to laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.
Neither Intek nor any authorized agent acting on its behalf will take any action hereafter that would cause the loss of such exemption.
All contracts, agreements and instruments to ------------------ which Intek is a party are valid, binding and in full force and effect in all Material respects, and are valid, binding and enforceable by Intek in accordance with their respective terms, subject to the laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.
Intek shall have received --------------------- executed Employment Agreements, in substantially the form attached hereto as Exhibit 6.1.1, signed by Intek and each of the Key Shareholders.
Acorn shall have delivered to Intek (i) Acorn's Certificate of ------------- duly certified by the Secretary of State of Delaware no less than thirty (30) days prior to the date of Closing and (ii) a certificate, dated as of a date no earlier than thirty (30) days prior to the date of Closing, duly issued by the Secretary of State of Delaware, certifying that Acorn is in good standing and authorized to do business.
Intek also issued 50,000 shares of Intek common stock to MeesPierson as a closing fee for its investment banking services.
The Company may cause Acorn to perform (in whole or in part) any act to be performed by the Company hereunder; provided, however, that no such assignment or delegation of duties shall relieve Acorn or Intek of their joint and several liability hereunder.
This Agreement may be amended by Intek, Acorn and the Shareholders by action taken by the respective Boards of Directors of Intek and Acorn and by the Shareholders individually at CONFIDENTIAL TREATMENT OF REDACTED PORTIONS APPLIED FOR any time before or after approval hereof by the Shareholders, but no amendment after approval by the Shareholders of Acorn shall be made which changes any of the principal terms of this Agreement.
During the fourth quarter of fiscal 1998, Intek sold its non-core, U.K.-based land mobile radio distribution and maintenance assets ("ESU Assets") to Securicor Information Systems Limited ("SIS"), a subsidiary of Securicor.
Each is a stockholder of the Company and, collectively, such stockholders own approximately 70 percent of Intek common stock at September 30, 1998.