MusclePharm Corporation Sample Clauses

MusclePharm Corporation. On January 24, 2022, Bakery Barn (“Bakery Barn”) filed suit against Company in Allegheny County, Pennsylvania court. Company received the Complaint on February 16, 2022. Bakery Barn alleges that the Company owes Bakery Barn over $1.9 million dollars for breach of contract. Parties operated on an open account basis with payment terms established by mutual verbal agreement, custom and usage. Beginning in late 2020, Bakery Barn resumed production for Company and operated under a verbal agreement until August 2021. Bakery Barn contends that Company is required to reimburse Bakery Barn for foil wraps ordered by Bakery Barn in the amount of $77,800, specific ingredients totaling $42,400, and products manufactured under purchase order Invoice no. 59192 delivered to Company in the amount of $1,816,017. On February 24, 2022, Fxxxxxxx Fxxxx Xxxxx & Axxxx, LLC (“Company Counsel”) filed a Request for Appearance on behalf of the Company. On February 28, 2022, Company Counsel filed Preliminary Objections to Complaint and Brief In Support Thereof. Bakery Barn filed an Amended Complaint in Civil Action on March 14, 2022. Company Counsel is in the process of filing Preliminary Objections to this Amended Complaint. The Company intends to continue to vigorously litigate the matter. Bar Bakers, LLC v. CFC/Flavor Producers, LLC. Vs MusclePharm On March 18, 2022, the Company retained Bxxxxx & Txxxxxxxx to represent it in connection with a Cross-Complaint filed in the Superior Court of California, County of Orange, Case No. 30-2019-01073098-CU-BC-CJC in the matter Bar Bakers LLC v. Creative Flavor Concepts, Inc. et al.. According to the pleadings, the matter arises from an agreement between the plaintiffs and defendants in which the plaintiff agreed to manufacturer energy bars and sell them to the defendants. The defendants then sold the energy bars to various retailers, including the Company. On May 29, 2019, the plaintiff sued the defendants alleging that the defendants were responsible for unpaid invoices – nine for bars manufactured and delivered to the Company and one invoice for raw materials. According to the pleadings, the unpaid invoices total $885,163.72. The invoice for the raw materials is allegedly $4,658,593.02. On January 31, 2022, one of the defendants, Flavor Producers LLC, filed and served a cross claim against the Company alleging that it was partially responsible for any damages that may befall on it. Specifically, Flavor Producers is asking the Court to awar...
Sample 1
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MusclePharm Corporation a Nevada corporation (the “Musclepharm” and together with Canada Musclepharm Enterprises Corp, individually and collectively, the “Borrower”) previously issued to the Creditor (i) a convertible secured promissory note dated as of December 7, 2015, and amended as of January 14, 2017, in the original principal amount of $6,000,000 (the “First Convertible Note”), (ii) a convertible secured promissory note dated as of November 8, 2016, in the original principal amount of $11,000,000 (the “Second Convertible Note”) and (iii) a secured demand promissory note dated as of July 27, 2017, in the original principal amount of $1,000,000 (the “Demand Note”; together with the First Convertible Note and the Second Convertible Note, the “Existing Notes”);
Sample 1
MusclePharm Corporation. By:/s/ Rxxx Drexler______________ Name: Rxxx Xxxxxxx Title: CEO & President Canada MusclePharm Enterprises Corp: By: /s/ Rxxx Drexler______________ Name: Rxxx Xxxxxxx Title: CEO & President [Notary Stamp] /s/ Lxxx Xxxxxxx Denver, CO 9/30/17 Exhibit A
Sample 1
MusclePharm Corporation. Address: 4000 Xxxxxxx Xx. Xxxxxx, XX 00000 Attention: Rxxx Xxxxxxx Phone Number: (000) 000-0000 Fax Number: (000) 000-0000 Email Address: rxxx.xxxxxxx@xxxxxxxxxxx.xxx Canada MusclePharm Enterprises Corp Address: 200-0000 Xxxxx Xxxxxxx Xxxx Xxxxxxxxxx, XX Xxxxxx Postal code L&N 3J5 Attention: Rxxx Xxxxxxx Phone Number: 800-000-0000 Fax Number: 800-000-0000 Email Address: rxxx.xxxxxxx@xxxxxxxxxxx.xxx LENDER Crossroads Financial Group, LLC Address: c/o The Forum at Stonecrest, LLC 10000 Xxx Xxxx, Xxxxx 000 Xxxxxxxxx, XX 00000 Attention: Portfolio Department Email: Lxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx With copy to: Crossroads Financial, LLC, as servicing agent for Crossroads Financial Group, LLC Address: 6000 Xxxxxx Xxxxx Xxxxxxx XX, Xxxxx 000 Xxxx Xxxxx, XX 00000 Attn: Portfolio Department Phone Number: 500-000-0000 Fax Number: 500-000-0000 Email: lxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx
Sample 1

Related to MusclePharm Corporation

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  • Services to the Corporation Agent will serve, at the will of the Corporation or under separate contract, if any such contract exists, as a director of the Corporation or as a director, officer or other fiduciary of an affiliate of the Corporation (including any employee benefit plan of the Corporation) faithfully and to the best of his ability so long as he is duly elected and qualified in accordance with the provisions of the Bylaws or other applicable charter documents of the Corporation or such affiliate; provided, however, that Agent may at any time and for any reason resign from such position (subject to any contractual obligation that Agent may have assumed apart from this Agreement) and that the Corporation or any affiliate shall have no obligation under this Agreement to continue Agent in any such position.

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