Common use of Termination of Related Party Agreements Clause in Contracts

Termination of Related Party Agreements. All existing agreements between the Company and the Shareholder and all existing bonus and incentive plans and arrangements of the Company shall have been canceled or terminated.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Integrity Mutual Funds Inc), Stock Purchase Agreement (Nd Holdings Inc), Stock Purchase Agreement (1st Atlantic Guaranty Corp)

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Termination of Related Party Agreements. All existing agreements between the Company and the Shareholder Shareholders or business or personal affiliates of the Company or the Shareholders and all existing bonus and incentive plans and arrangements of the Company shall have been canceled cancelled or terminated.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Waste Recovery Inc)

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