Analex definition
Examples of Analex in a sentence
Employee’s duties and authority shall at all times be subject to directives of the Company’s President and resolutions of the Company’s or Analex Corporation’s current Board of Directors.
All notices demands and other communications pertaining to this Agreement (“Notices”) shall be in writing addressed as follows: If to Company: Analex Corporation ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ Attention: President with a copy to: Budish & ▇▇▇▇▇▇▇, Ltd.
The term of the Employee’s employment under this Agreement shall be for the period commencing on the date hereof (the “Effective Date”) and expiring one (1) year from the Closing, as defined in the Agreement and Plan of Merger by and among Analex Corporation, Sellers (as defined therein), Analex Corporation Employee Stock Ownership Plan and Trust, Hadron, Inc.
The Lender shall be satisfied with the final terms and conditions of, and the documentation relating to, the acquisition of Analex Corporation by the Borrower.
The Company hereby employs the Employee and the Employee accepts such employment as President of Analex Corporation, a wholly-owned subsidiary of the Company (“Analex”).
Without limiting the foregoing, after the Lender has made the Loans to consummate the acquisition of Analex Corporation on the Closing Date, the difference between (i) the Revolving Credit Facility Available Amount and (ii) the aggregate principal amount of all Revolving Credit Facility Loans and all Letter of Credit Obligations, shall be at least One Million and 00/100 Dollars ($1,000,000.00).
Analex Corporation (“Borrower”), a corporation organized under the laws of the State of Delaware, formerly known as Hadron, Inc., obtained from Lender a Revolving Credit Facility in the original maximum principal sum of $4,000,000 and a term loan in the original principal sum of $3,500,000 (the “Original Credit Facility”).
The Board of Directors (the "Board") and shareholders of the Company previously adopted the Analex Corporation 2002 Stock Incentive Plan (the "Plan").
This Agreement shall terminate upon the earliest of (a) the conversion of all of the Junior Notes to equity of Analex, (b) payment in full of the Senior Indebtedness or acquisition of the Senior Indebtedness by the Junior Lender and (c) payment in full of the Junior Notes.
The Board of Directors of the Company (the "Board") previously adopted the Analex Corporation 2002 Stock Incentive Plan (the "Plan").