Termination of Related Party Agreements Sample Clauses

Termination of Related Party Agreements. Except as set forth on Schedule 9.7, all existing agreements between the Company and the Stockholders (and between the Company and entities controlled by the Stockholders) shall have been canceled effective prior to or as of the Consummation Date.
AutoNDA by SimpleDocs
Termination of Related Party Agreements. All existing agreements between the COMPANY and the STOCKHOLDERS or business or personal affiliates of the COMPANY or STOCKHOLDERS, other than those set forth on Schedule 9.7 shall have been cancelled.
Termination of Related Party Agreements. The Company and the Stockholders agree to take, or cause to be taken, all appropriate action, and do, or cause to be done, all things necessary, proper or advisable to terminate the Related Party Agreements on or prior to the Closing Date, except those Related Party Agreements that are disclosed in the Company Disclosure Letter as agreements that shall not be subject to this Section 5.12.
Termination of Related Party Agreements. Except as set forth on Schedules 7.6 or 9.7 or otherwise approved by TCI, all existing agreements between the Company and the Stockholders (and entities controlled by the Stockholders) other than real property leases shall have been canceled effective prior to or as of the Closing Date, and all real property leases between the Company and the Stockholders (and any entity controlled by the Stockholders) shall have been amended as described in Section 5.16.
Termination of Related Party Agreements. Except as set forth on Schedule 9.7 or otherwise approved by LandCARE, all existing agreements between the Company and the Stockholders (and entities controlled by the Stockholders) other than real property leases shall have been canceled effective prior to or as of the Closing Date, and all real property leases between the Company and the Stockholders (and any entity controlled by the Stockholders) shall have been amended as described in Section 5.16.
Termination of Related Party Agreements. All existing agreements between the Company and the Shareholder and all existing bonus and incentive plans and arrangements of the Company shall have been canceled or terminated.
Termination of Related Party Agreements. All existing agreements between the COMPANY and the STOCKHOLDERS or business or personal affiliates of the COMPANY or the STOCKHOLDERS, other than those set forth on Schedule 9.7, shall have been canceled, and any stockholder agreements, voting agreements, voting trusts, options, or warrants relating to the COMPANY or COMPANY Stock, and any employment agreements between the COMPANY and any employee listed on Schedule 9.7, shall have been terminated. In addition, the COMPANY shall be released as a guarantor on all real estate loans and other lending arrangements or obligations which were guaranteed for the benefit of any of the STOCKHOLDERS or any other third party.
AutoNDA by SimpleDocs
Termination of Related Party Agreements. Each Stockholder (to the extent applicable to such Stockholder) acknowledges and agrees that each of (i) the Voting Agreement, (ii) the Registration Rights Agreement and (iii) the Stockholders’ Agreement will be automatically terminated, without any further rights, privileges, liabilities or obligations of any kind or nature whatsoever applicable to any of the parties thereto (or, for those Contracts that cannot be terminated, acknowledges and agrees to waive all rights, privileges, liabilities or obligations of any kind or nature whatsoever applicable to any of the parties thereto that are a party to this Proxy and Agreement), effective as of, and conditioned upon the occurrence of the Effective Time.
Termination of Related Party Agreements. The Company shall cause all contracts set forth on Section 8.08 of the Company Disclosure Schedules to be settled or terminated prior to the Closing.
Termination of Related Party Agreements. All existing agreements between the Company and the Members shall have been canceled effective prior to or as of the Closing Date and the Company shall have obtained all of the terminations and waivers required under Section 7.6.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!