Hauppauge Digital Inc Sample Contracts

GUARANTY
Hauppauge Digital Inc • January 2nd, 2001 • Computer peripheral equipment, nec

WHEREAS, HAUPPAUGE DIGITAL, INC. and HAUPPAUGE COMPUTER WORKS, INC., (together hereinafter called the "Borrower"), desires to transact business with and to obtain credit or a continuation of credit or other financial accommodations from THE CHASE MANHATTAN BANK, a New York banking corporation (hereinafter called the "Bank"); and

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BETWEEN
Rights Agreement • July 20th, 2001 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York
BUYER PARENT GUARANTY
Buyer Parent Guaranty • October 27th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York

This BUYER PARENT GUARANTY (the “Guaranty”) is made and entered into as of October 25, 2008, by HAUPPAUGE DIGITAL, INC., a Delaware corporation (the “Guarantor”), to and for the benefit of AVID TECHNOLOGY, INC., a Delaware corporation (the “Parent”), PINNACLE SYSTEMS, INC., a California corporation and a wholly owned subsidiary of the Parent (“Pinnacle”), AVID TECHNOLOGY GMBH, a limited liability company organized under the laws of Germany, AVID DEVELOPMENT GMBH, a limited liability company organized under the laws of Germany, AVID TECHNOLOGY INTERNATIONAL BV who are parties to that certain Asset Purchase Agreement and the Ancillary Agreements (collectively, the “Sellers”). Capitalized terms used and not otherwise defined herein shall have the respective meanings assigned to them in the Asset Purchase Agreement referred to in the first recital below.

Dated December 1, 2005 Hauppauge Digital,Inc. as Pledgor JPMorgan Chase Bank, N.A. as Pledgee and Hauppauge Digital Europe S.àr.l. as the Company SHARE PLEDGE AGREEMENT
Share Pledge Agreement • December 6th, 2005 • Hauppauge Digital Inc • Computer peripheral equipment, nec • Luxembourg
TRANSITION SERVICES AGREEMENT
Transition Services Agreement • December 29th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York

This TRANSITION SERVICES AGREEMENT (the “Agreement”) is made this 24th day of December, 2008 (the “Effective Date”), by and between Hauppauge Digital Europe S.a.r.l., PCTV Systems S.a.r.l. and Hauppauge Computer Works, Inc. (collectively, the “Buyer”), each a wholly owned subsidiary of Hauppauge Digital, Inc. and Avid Technology, Inc., Pinnacle Systems, Inc., Avid Technology GmbH, Avid Development GmbH and Avid Technology International BV (collectively, the “Seller”). Buyer and Seller are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

GUARANTY
Hauppauge Digital Inc • December 6th, 2005 • Computer peripheral equipment, nec

WHEREAS, HAUPPAUGE COMPUTER WORKS, INC., a New York corporation (hereinafter called the “Borrower”), desires to transact business with and to obtain credit or a continuation of credit or other financial accommodations from JPMORGAN CHASE BANK, N.A., a banking association organized under the laws of the United States (hereinafter called the “Bank”); and

AMENDMENT TO LEASE DATED FEBRUARY 17, 2004 BETWEEN LADOKK REALTY CO. LLC ("LANDLORD") AND HAUPPAUGE COMPUTER WORKS, INC ("TENANT").
Lease Dated • October 18th, 2006 • Hauppauge Digital Inc • Computer peripheral equipment, nec

Whereas Landlord and Tenant are parties to a written lease dated February 17, 2004 (the "Lease") for the premises at 91 Cabot Court, Hauppauge, New York 11788 (the "Demised Premises") and

ACCOUNT PLEDGE AGREEMENT
Account Pledge Agreement • December 16th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York

THIS PLEDGE SECURITY AGREEMENT, dated as of December 2, 2008 (the “Agreement”), is made by HAUPPAUGE COMPUTER WORKS, INC., a Delaware corporation (“Pledgor”), and JPMORGAN CHASE BANK, N.A., a national banking association (the “Bank”).

AMENDMENT NO. 1 TO ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • December 29th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec

This Amendment No. 1 to the Asset Purchase Agreement (this “Amendment”), is made as of December 23, 2008, by and among Avid Technology, Inc., a Delaware corporation (the “Parent”), Pinnacle Systems, Inc., a California corporation and a wholly owned subsidiary of the Parent (“Pinnacle”), Avid Technology GmbH, a limited liability company organized under the laws of Germany, Avid Development GmbH, a limited liability company organized under the laws of Germany, Avid Technology International BV (each a “Seller” and collectively with Parent and Pinnacle, the “Sellers”), and PCTV Corp., a Delaware corporation (the “Buyer”). The Sellers and the Buyer are sometimes referred to collectively as the “Parties.” Capitalized terms used and not otherwise defined herein shall have the respecting meanings assigned to such terms in the Agreement (as defined below).

ASSET PURCHASE AGREEMENT BY AND AMONG AVID TECHNOLOGY, INC., PINNACLE SYSTEMS, INC., AVID TECHNOLOGY GMBH, AVID DEVELOPMENT GMBH, AVID TECHNOLOGY INTERNATIONAL BV, AND PCTV CORP. Dated October 25, 2008
Asset Purchase Agreement • October 27th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York

This Assumption Agreement dated as of ________________, 200_, is made by __________, a ___________ corporation ( the “Buyer”), in favor of _____________________ [Insert name of each Seller] (which are each individually referred to herein as an “Seller” and are collectively referred to herein as “Sellers”). All capitalized terms used in this Assumption Agreement and not otherwise defined herein shall have the respective meanings ascribed to them in the Purchase and Sale Agreement dated as of ____________, 200_ among, inter alia, ___________ [Parent], a __________ corporation, the Buyer and the Sellers (the “Agreement”).

HAUPPAUGE DIGITAL INC.
Hauppauge Digital Inc • April 10th, 2008 • Computer peripheral equipment, nec

Reference is made to that certain Employment Agreement, dated January 10, 1998, (the “Agreement”) between Hauppauge Digital Inc. (the “Company”) and Kenneth Plotkin (the “Executive”). Capitalized terms used and not otherwise defined herein shall have the meaning set forth in the Agreement. This letter constitutes an amendment to the Agreement. Except as expressly amended hereby, the Agreement shall remain in full force and effect.

INVENTORY AND PRODUCT RETURN AGREEMENT
Product Return Agreement • December 29th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York

This Inventory and Product Return Agreement (this “Agreement”), dated December 24, 2008 (the “Effective Date”), is made between Avid Technology, Inc., a Delaware corporation and Avid Technology International BV, a Luxemburg corporation (collectively, the “Consignor”) and Hauppauge Computer Works, Inc. and Hauppauge Digital Europe S.a.r.l. (collectively, the “Consignee”). Capitalized terms used herein but not defined shall have the meanings ascribed to such terms in the Asset Purchase Agreement (as defined below).

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INTELLECTUAL PROPERTY LICENSE AGREEMENT
Intellectual Property License Agreement • December 29th, 2008 • Hauppauge Digital Inc • Computer peripheral equipment, nec • New York

This Intellectual Property License Agreement (the “Agreement”) is effective as of the Closing Date (as defined herein), between Avid Technology, Inc., a Delaware corporation (“Parent”) and Pinnacle Systems, Inc., a California corporation and wholly owned subsidiary of Parent, (“Pinnacle” and together with Parent, individually and collectively, “Seller”), and PCTV Systems S.a.r.l., a Luxembourg company (“Buyer”).

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