Company’s Covenant. Beginning on the Employment End Date, the Company shall not, and shall instruct the members of Escalade’s Board of Directors and executive officers not to, make, participate in the making of, or encourage any employees or any other person to make, any statements, written or oral, which criticize, disparage, or defame the reputation of, or which are intended to embarrass, the Executive.
Company’s Covenant. The Company agrees that it shall not enter into any agreement pursuant to which a Change of Control would occur unless it makes provision in such agreement for the assumption by the Successor of the Company's obligations pursuant to this Agreement.
Company’s Covenant. The Company covenants to the Noteholder that the Company shall not declare a dividend payable to holders of the Company’s common stock prior to the conversion of the Notes in accordance with Section 1.
Company’s Covenant. The Company hereby agrees to use its best efforts to cause the conditions set forth in Section 4(a)(i) and (ii) to the Certificate of Designation to be fulfilled as promptly as reasonably possible and in no event later than one year from the date hereof. In the event the Company does not cause the conditions set forth in Section 4(a)(i) and (ii) to the Certificate of Designation to be fulfilled by one year from the date hereof, the Company shall immediately redeem all the Preferred Stock at a price per share equal to 105% of the Series B Liquidation Preference (as defined in the Certificate of Designation).
Company’s Covenant. The Company covenants with the Tenant to comply with the Company's obligations in the First Schedule
Company’s Covenant. The Company covenants and agrees that it will not raise usury as a defense or reason not to pay, observe or perform any of its obligations under the Transaction Documents. The parties have caused this Agreement to be duly executed and delivered by their proper and duly authorized officers as of the date and year first written above. COMPANY: KNIGHTSCOPE, INC. a Delaware corporation By: /s/ Wxxxxxx Xxxxxxx Li Name: Wxxxxxx Xxxxxxx Li Title: Chairman and Chief Executive Officer The parties have caused this Agreement to be duly executed and delivered by their proper and duly authorized officers as of the date and year first written above. INVESTOR: PROUD VENTURES KS LLC By: /s/ Axxxxx Xxxxx Name: Axxxxx Xxxxx Title: Managing Member SCHEDULE I SCHEDULE OF INVESTORS Note Investor Note Amount Warrant Amount Purchase Date (shares of Series S Preferred Stock) Proud Ventures KS LLC 200 Xxxxx Xxxxxxxx Xxxxxx, Unit 100 East Orange, JN 07018 axxx@xxxxx.xxxxxxxx $ 430,000 86,000 April 30, 2019 Exhibit A FORM OF NOTE Exhibit B FORM OF WARRANT
Company’s Covenant. The Company covenants and agrees that during the period commencing as of the date hereof and ending on the earlier of (i) July 3, 2021; and (ii) the termination of this Agreement in accordance with its terms, neither the Company nor any of its Affiliates, alone or in partnership or association with any other person, corporation, partnership, business, or entity, shall be engaged in the growing, extraction, and sales of cannabis and cannabis related products within Canada.
Company’s Covenant. The Company covenants and agrees that it will not raise usury as a defense or reason not to pay, observe or perform any of its obligations under the Transaction Documents. The parties have caused this Agreement to be duly executed and delivered by their proper and duly authorized officers as of the date and year first written above. COMPANY: KNIGHTSCOPE, INC. a Delaware corporation By: /s/ Wxxxxxx Xxxxxxx Li Name: Wxxxxxx Xxxxxxx Li Title: Chairman and Chief Executive Officer The parties have caused this Agreement to be duly executed and delivered by their proper and duly authorized officers as of the date and year first written above. INVESTOR: PROUD VENTURES KS LLC By: /s/ Axxxxx Xxxxx Name: Axxxxx Xxxxx Title: Managing Member SCHEDULE I SCHEDULE OF INVESTORS [REDACTED] Exhibit A FORM OF NOTE Exhibit B FORM OF WARRANT
Company’s Covenant. Beginning on the Executive Transition Date and continuing through the end of the Subsequent Post-Employment Period, the Company shall not, and shall instruct the members of Escalade's Board of Directors and executive officers not to, make, participate in the making of, or encourage or facilitate any employees or any other person to make, any statements, written or oral, which criticize, disparage, or defame the reputation of, or which are intended to embarrass, the Executive.
Company’s Covenant. (a) During the period from the First Closing until December 31, 2021, the Company agrees that (i) the Company and its Affiliates will make decisions relating to the management and strategy of the Transferred Business then operated by the Company in good faith and in a manner consistent with the reasonable industry standards, and (ii) neither the Company nor its Affiliates shall take any action or refrain from taking any action with the intent to prevent or limit the possibilities of the occurrence of the issuance and sale of the Earn-Out Company Exchange Shares, (b) within three (3) months following the First Closing Date, the Company agrees and covenants to repay or return Blockchain Alliance the number of each type of cryptocurrencies (the “Reserved Amount”) equal to the quantity of balances of such type of cryptocurrencies with respect to the Transferred Business as of the date immediately preceding the First Closing Date which shall exclude such type of cryptocurrencies payable to any third party including without limitation cryptocurrencies miners and shall be certified by a director of Blockchain Alliance at the First Closing, and (c) subject to this Agreement and the Registration Rights Agreement, the Company shall cooperate with Blockchain Alliance to update the register of members of the Company and issue the new share certificates of the Company in the event that the Blockchain Alliance distributes the Company Exchange Shares to Blockchain Alliance’s shareholders.
