ATHI definition
Examples of ATHI in a sentence
Transferee agrees and acknowledges that all shares received pursuant to this Agreement are subject to the rights, privileges, and obligations of the Shareholder Agreement that shall be executed by the shareholders of ATHI at the time of the sale of the shares.
The Parties agree that (a) Transferee shall share in all distributions to shareholders on an as exercised basis and (b) upon such time that Transferee receives distributions in the aggregate from ATHI equal to the amount that Transferee advanced under the Note, (i) the remaining amount of shares exercisable pursuant to the Option shall be reduced by half, and (ii) half of any shares held as a result of exercising the option shall be returned to the Ethema.
Present Incumbent status allows those specified to retain their membership in UPSE Local 20 for the duration of their employment with ATHI with the terms and conditions of employment as outlined in this Memorandum of Agreement.
Transferor hereby grants an option to Transferee to purchase 500,000 shares of ATHI for a period of 5 years (the “Option”), at a price of $0.0001 per share.
Except as indicated in Item 3.6 of the Disclosure Schedule, no tax return or tax return liability of ATHI or any Subsidiary has been audited or, presently under audit.
There are no claims, notices, actions, suits, hearings, investigations, inquiries or proceedings pending or, to the knowledge of ATHI, threatened against ATHI or any of the Subsidiaries that are based on or related to any environmental matters or the failure to have any required environmental permits, and there are no past or present conditions that ATHI has reason to believe are likely to give rise to any material liability or other obligations of ATHI or any Subsidiary under any environmental laws.
All such returns and reports filed on or prior to the date hereof have been properly prepared and are true, correct (and to the extent such returns reflect judgments made by ATHI or a Subsidiary, as the case may be, such judgments were reasonable under the circumstances) and complete in all material respects.
Copies of all such material written ATHI Operating Agreements have previously been delivered or otherwise made available to the Company and such copies are true, complete and correct as of the date hereof.
All such policies are in full force and effect, and neither ATHI nor any Subsidiary has received any notice from any insurance company suspending, revoking, modifying or canceling (or threatening such action) any insurance policy issued to ATHI.
The Employees listed in the Purpose and Application above will be considered “present incumbents” in contracted positions to ATHI.