Post-Closing Funding Agreement Sample Contracts

POST-CLOSING FUNDING AGREEMENT
Post-Closing Funding Agreement • February 27th, 2003 • Mackie Designs Inc • Radio & tv broadcasting & communications equipment • Delaware

THIS POST-CLOSING FUNDING AGREEMENT (this “Agreement”) is made as of February 21, 2003, by and among (i) Sun Mackie, LLC, a Delaware limited liability company (“Purchaser”) and (ii) Mackie Designs Inc., a Washington corporation (the “Company”). Capitalized terms not otherwise defined in this Agreement shall have the meanings ascribed to them in the Stock Purchase Agreement, dated as of January 16, 2003, by and among Purchaser, the Company and others signatory thereto (as amended from time to time in accordance with its terms, the “Stock Purchase Agreement”).

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