Richard Sample Clauses

Richard. JANUARY 1, 1997 This Agreement is executed by and between Michael A. Richard ("you", "your", "yourself") and PortaCom Wireless, Inc. (hereinafter referred to as "PortaCom" or "We") This Agreement, once signed by you, will serve to confirm our mutual understanding and agreement regarding the provisions of an employment relationship as described in any and all previous agreements, whether oral or written.
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Richard. 5. Following receipt, as set forth in section 2 above, by Couch White, LLP. of the total payment of $1,189,983, and by SBTI's counsel of the 17 million shares of SBTI common stock and of the Note, SBTI and Lightec, on the one hand, and M.A. Richard and M. Richard, on the other hand, will execute a mutual waiver and release of all claims of any kind whatsoever that each may have against the other in the form annexed hereto. The executed releases shall be exchanged by overnight mail within five business days of Couch White LLP's timely receipt of this total payment of $1,189,983.
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Richard. (d) There is no outstanding subscription, contract or other rights obligating Lightec to issue, sell, exchange, or otherwise dispose of, or to purchase, redeem or otherwise acquire, Lightec Stock.
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Richard. (b) On or before the Settlement Date, SBTI shall cause to be wired a payment of the balance of $339,983 to the escrow account of Couch White LLP. Said wire shall be received by Couch White, LLP by 1:00 P.M. Eastern Standard Time on the Settlement Date.
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Richard. Clifford W. Stanley Teri E.
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