COVENANTS OF THE COMPANY AND SELLERS. The Company and each Seller agree that:
COVENANTS OF THE COMPANY AND SELLERS. 29 Section 6.1 Non-Competition 29 Section 6.2 Non-Solicitation of Customers and Suppliers 29 Section 6.3 Non-Solicitation of Employees 30 Section 6.4 Confidentiality 30 Section 6.5 Additional Agreements Regarding Restrictive Covenants 30 Section 6.6 Covenant Terminating 401(k) Plan 31 Section 6.7 Covenant Regarding Discharge of Indebtedness 31 Section 6.8 Company Indemnification 31 Section 6.9 Guaranty 32 ARTICLE VII INDEMNIFICATION 33 Section 7.1 Sellers’ Indemnification Obligations 33 Section 7.2 Survival 34 Section 7.3 Limitation on Sellers’ Indemnification Obligations 35 Section 7.4 Indemnification Procedures 36 Section 7.5 Indemnification Exclusive Remedy 37 Section 7.6 Holdback / Set off 37 Section 7.7 Tax Treatment 38 Section 7.8 PTC Cap 38 ARTICLE VIII TAX MATTERS 38 Section 8.1 Preparation and Filing of Tax Returns 38 Section 8.2 Apportionment of Straddle Period Income Taxes 38 Section 8.3 Transfer Taxes 39 Section 8.4 Amended Returns 39 Section 8.5 Tax Refunds; Credits 39 Section 8.6 Section 338 Election 39 ARTICLE IX SELLER REPRESENTATIVE 39 Section 9.1 Appointment of the Seller Representative 39 Section 9.2 Replacement and Resignation of Seller Representative 40 Section 9.3 Authority of the Seller Representative 40 Section 9.4 Indemnification of the Seller Representative 40 ii Section 9.5 Representative Expense Amount 40 ARTICLE X MISCELLANEOUS 41 Section 10.1 Transaction Expenses 41 Section 10.2 Publicity 41 Section 10.3 Notices 41 Section 10.4 Entire Agreement 42 Section 10.5 Assignment 42 Section 10.6 Waiver 42 Section 10.7 Counterparts; Delivery by Electronic Transmission 43 Section 10.8 Severability 43 Section 10.9 Applicable Law 43 Section 10.10 No Third Party Beneficiaries 43 Section 10.11 Amendments 43 Section 10.12 Waiver of Trial by Jury 43 Section 10.13 Consent to Jurisdiction 44 Section 10.14 Preparation of Agreement 44 Section 10.15 Further Assurances 44 Section 10.16 Headings 44 Section 10.17 Privilege 44 STOCK PURCHASE AGREEMENT THIS STOCK PURCHASE AGREEMENT (“Agreement”) is made as of October 26, 2016, by and among AspenTech Holding Corporation, a Delaware Corporation (“Purchaser”), Mtelligence Corporation, a Delaware corporation (the “Company”), each of the Stockholders and Key Sellers (each a “Seller” and collectively, “Sellers”), and Cito Capital Corporation, a California corporation, as agent for Sellers (the “Seller Representative”).
COVENANTS OF THE COMPANY AND SELLERS. Each of the Company, the Subsidiaries and Sellers hereby, jointly and severally, agrees to keep, perform and fully discharge the following covenants and agreements:
COVENANTS OF THE COMPANY AND SELLERS. From the date of this Agreement until the earlier of the Closing or termination of this Agreement , (i) the Company covenants and agrees that, and (ii) each Seller agrees that he, she or it shall take all commercially reasonable steps to ensure that:
COVENANTS OF THE COMPANY AND SELLERS. SECTION 6.1 Pre-Closing Covenants 30 SECTION 6.2 Competing Acquisition Proposals 32 SECTION 6.3 Proxy Statement; Stockholder Approval 32 SECTION 6.4 Voting Agreement 33 SECTION 6.5 Risk of Loss and Casualty 33 SECTION 6.6 Non-Competition and Non-Solicitation 34 SECTION 6.7 Litigation Support 35 SECTION 6.8 Release 35 SECTION 6.9 Confidentiality 36
COVENANTS OF THE COMPANY AND SELLERS. The Company and Sellers agree that:
COVENANTS OF THE COMPANY AND SELLERS. 29 6.01. Pre-Closing Operations ....................................................................29 6.02. Access ....................................................................................31 6.03. Interim Financials ........................................................................32 6.04. Transfer Taxes ............................................................................32 6.05. Broker's or Finder's Fees .................................................................32 6.06.
COVENANTS OF THE COMPANY AND SELLERS. 26 6.01 Conduct of the Business...........................................26 6.02
COVENANTS OF THE COMPANY AND SELLERS
