Paragraph 8. 1.1 is without prejudice to any provision of the Code or any Ancillary Agreement which provides for an indemnity, or which provides for any Party to make a payment to another.
Paragraph 8 b. of the License Agreement is hereby modified by deleting all of the text after the first “provided, however” provision thereof and replacing that language with the following: “provided, however, that if Licensee shall sell or otherwise transfer its entire business (as opposed to merely its rights under this Agreement), whether simultaneously or subsequent to any assignment permitted hereby, then this Agreement and all rights of the Licensee hereunder shall terminate simultaneously with such sale unless prior thereto, Licensee or its assignee shall furnish to Licensor then current audited financial statements demonstrating that such assignee has a net worth of not less than $20 Million (determined in accordance with generally accepted accounting principles and after giving effect to the assignment but excluding the value of the assets acquired and the liabilities assumed from Licensee).
Paragraph 8. Paragraph 8 of the Employment Agreement is hereby amended by deleting subparagraph 8(d) in its entirety and replacing with new subparagraph 8(d) which shall now read as follows:
Paragraph 8. 9. This entire paragraph is deleted and replaced with the following: “Failure to
Paragraph 8. Each national section shall have the right to one vote. The decisions, resolutions, recommendations and publications of the Commission must be approved by a unanimous vote."
Paragraph 8. A. is hereby deleted in its entirety and replaced with the following:
Paragraph 8. 4.1.1., the reference to footnote 9 and footnote 9, renumber as footnote 10 Paragraphs 15.5. to 15.10., renumber as paragraphs 15.4.1. to 15.4.6. Insert new paragraphs 15.5. to 15.5.6., to read:
Paragraph 8 a. and 8.b. above shall not apply to an employee who exhausts his/her accumulated sick leave prior to returning from an absence during which he/she was receiving benefits under the Michigan Workers’ Compensation Act.
Paragraph 8. B.(3): The fifth (5th) sentence in Paragraph 8.B.(3) of the Lease shall be deleted and the following substituted in its place: “In any event, deductible amounts shall not exceed ten thousand dollars ($10,000.00).”
Paragraph 8. 3.1 above shall not apply with respect to any Tax assessed on a Finance Party:
