Dear Xxxxxxx. This letter is to confirm that the Termination Date (as defined in Section 1.1 of the Credit Agreement) shall be extended until August 31, 2002. In order to induce the Bank to enter into this Letter Agreement, Saucony hereby represents and warrants that (a) no Default or Event of Default under the Credit Agreement exists on the date hereof after giving effect to this Letter Agreement and (b) all of the representations and warranties contained in the Credit Agreement are true and correct in all material respects as of the date hereof after giving effect to this Letter Agreement, with the same effect as if those representations and warranties had been made on and as of the date hereof (it being understood that any representation or warranty made as of a specified date shall be required to be true and correct in all material respects only as of such specified date). To the extent not otherwise set forth herein, Saucony hereby remises, releases, acquits, satisfies and forever discharges the Bank, its agents, employers, officers, directors, predecessors, attorneys and all others acting on behalf of or at the direction of the Bank, of and from any and all manner of actions, causes of action, suit, debts, accounts, covenants, contracts, controversies, agreements, variances, damages, judgments, claims and demands whatsoever, in law or in equity, which any of such parties ever had, now have or can, shall or may at any time have against the Bank, its agents, employees, officers, directors, attorneys and all persons acting or purporting to act on behalf of or at the direction of the Bank ("Releases"), for, upon or by reason of any matter, cause or thing whatsoever through the date hereof. Without limiting the generality of the foregoing, Saucony waives and affirmatively agrees not to allege or otherwise pursue any defenses, affirmative defenses, counterclaims, claims, causes of action, setoffs or other rights they do, shall or may have against the Releasees as of the date hereof. This Letter Agreement is limited as specified and shall not constitute a modification, amendment or waiver of any provisions of the Credit Agreement (other than as expressly provided for herein) or constitute a course of dealing between the parties. This Letter Agreement may be executed in any number of counterparts and by the parties hereto on separate counterparts, each of which counterpart when executed and delivered shall be an original, but all of which together shall constitute one and...
Dear Xxxxxxx. This letter is to confirm that the Termination Date (as defined in Section 1.1 of the Credit Agreement) shall be extended through January 31, 2002. Saucony agree that the Credit Agreement and all documents executed in connection therewith or pursuant thereto remain in full force and effect after giving effect to this letter amendment to Credit Agreement. Please confirm that the foregoing correctly sets forth our agreement by signing and returning the duplicate copy of this letter agreement enclosed herewith. Very truly yours, STATE STREET BANK AND TRUST COMPANY BY: /s/ Xxxxxxxxxx Xxxx Title: Vice President BORROWER: SAUCONY, INC. By: /s/ Xxxxxxx Xxxxx Title: Chief Financial Officer
Dear Xxxxxxx. This letter agreement is to confirm our telephonic agreement and to supplement our Investment Banking Agreement and Indemnification Agreement, each dated July 31, 1997, whereby Josephthal & Co., Inc. ("Josephthal") shall assist Premier Laser Systems, Inc. (the "Company") in connection with its potential interest in OISI (the "Letter Agreement"). The Company shall pay Josephthal an initial retainer of $50,000 upon execution of this Letter Agreement.
Examples of Dear Xxxxxxx in a sentence
Xxxxxxxxx Re: Waiver of Housing Allowance under Employment Agreement Dear Xxxxxxx, Effective January 1, 2011, I hereby waive my right to a housing allowance under my Employment Agreement with Enstar Group Limited, dated May 1, 2007, in consideration of the Compensation Committee’s decision to increase my annual base salary by an amount equal to the annual amount of the housing allowance.
Dear Xxxxxxx Ranch Families, Our vision is to leave a Legacy of Leadership in your community.
Male Park View Federal Savings Bank Corporate Center 00000 Xxxxxx Xxxx Xxxxx, XX 00000 RE: Amendment to Severance Agreement Dear Xxxxxxx, The purpose of this letter is to memorialize in writing certain changes to your Severance Agreement dated the 26th day of October, 1999 (the "Agreement"), which changes, we, PVF Capital Corp.
Parent or Guardian Print Name Date XXXXXXX ATHLETIC CENTER MEMBERSHIP AGREEMENT 0000 Xxxxxxx Xxxx Xxxxx, XX 00000 (800) 447-6610 Dear Xxxxxxx Member, We are pleased to announce we will reopen on Monday, July 6 with measures to prevent the spread of COVID-19.
Dear Xxxxxxx, In connection with the Agreement and Plan of Merger, dated as of May 17, 2014, by and among CareDx, Inc.
More Definitions of Dear Xxxxxxx
Dear Xxxxxxx. Bank of Oklahoma, N.A. ("Lender") is pleased to renew and modify the Loan Agreement subject to the terms of this letter amendment ("First Amendment"). Subject to the terms of the Loan Agreement as modified by this First Amendment, the Commitment will be: 1) a $25,000,000 Term Loan ("Term Loan") that is a modification and decrease of the $30,000,000 Advancing Term Loan; and 2) a $10,000,000 Revolving Line of Credit ("Revolving Line") that is a renewal and increase of the $5,000,000 Revolving Line.
Dear Xxxxxxx. This will confirm our understanding regarding the amendment of the Note.
Dear Xxxxxxx. In light of the recent developments at NSC Corporation ("NSC"), NSC wishes to offer you this Employment Security Agreement in appreciation of your past dedicated service and to provide you with peace of mind. In consideration of the payments and other security listed below, you agree to continue your employment with NSC and provide your full cooperation and assistance to NSC.
Dear Xxxxxxx. This letter constitutes an "Amendment" to the Employment Agreements referenced above. This Amendment is entered into in order to induce your continued employment with Xxxxxxxxx and Banner, and for other valuable consideration, the receipt and adequacy of which are acknowledged by the parties hereto. Satisfaction of Change in Control Payment Obligations: Section 9 of each of the Employment Agreements provides that in the event of a Change in Control or Trigger Event, you shall receive a payment of 2.99 times base salary and 2.99 times the preceding year's bonus (the "Change of Control Payment"), and your employment shall terminate. Subsection 9.4 provides that you may defer receipt of the Change of Control Payment for up to two years, in which case your employment termination shall also be deferred. If you elect to defer payment, the Change of Control Payment shall be computed at the greater of the amount due at the time of the "Change in Control" or "Trigger Event" or the amount due at the date of your election to accept the payment. On December 3, 2002, Xxxxxxxxx Fasteners was acquired by Alcoa Inc. (the "Alcoa Transaction"). In connection with the Alcoa Transaction, and the relinquishment of your rights to any future change of control payments under your existing Employment Agreements, Xxxxxxxxx'x Board of Directors has agreed that you are entitled to a Change of Control Payment in the amount of $6,280,000, to be paid as follows: 50% in January 2003 and 50% upon your termination of employment with Xxxxxxxxx. In addition, Xxxxxxxxx and Banner have requested that you do not terminate your employment, and that you continue to serve as per the terms of the Employment Agreements. By executing this Amendment, you agree that the payments to be made to you in connection with the Alcoa Transaction (as specified above) fully satisfy the obligations of Xxxxxxxxx and Banner under Section 9 of each of the Employment Agreements. You also agree that neither Xxxxxxxxx nor Banner shall have any further payment obligations to you under Section 9 of each of the Employment Agreements, irrespective of any future Change in Control or Trigger Event, and that Section 9 shall be deemed deleted, in its entirety (including all subsections thereof), from each of the Employment Agreements effective as of the date hereof. Further, you agree to continue to be employed by Xxxxxxxxx and Banner, as per the terms of the Employment Agreements.
Dear Xxxxxxx. As per our discussions with Xx. Xxxx Xxxxxx regarding the Sponsored Research Agreement which is to expire on June 18, 2005, this letter shall serve as an extension of the Sponsored Research Agreement in accordance with Section 3.2 of the Sponsored Research Agreement and you and we hereby agree to extend the Sponsored Research from June 18, 2005 through to September 30, 2005 (the "Extended Term"). In addition, we hereby propose that the Sponsored Research Agreement be continued for one additional year starting from October 1, 2005 thru September 30, 2006 (the "Continued Term," together with the Extended Term, the "Term") for Two Hundred Thousand Dollars ($200,000) plus 25% ($50,000) for indirect costs payable to Weill Medical College of Cornell University in accordance with the following payment schedule: October 1, 2005 $50,000 January 1, 2006 $50,000 April 1, 2006 $75,000 July 1, 2006 $75,000 Please see the attached Addendum A, which describes the scope of the work to be done by Xx. Xxxx Xxxxxx during the Term. Best regards, Marc Pharmaceuticals, Inc. Xxxxxx X. Xxxxx CEO & President Agreed and accepted: Weill Medical College of Cornell University By: ___________________________ Name:____________________________ Title:___________________________
Dear Xxxxxxx. The purpose of this letter agreement is to acknowledge that Duke and Express Scripts have commenced and are engaged in negotiations concerning the terms and provisions of the proposed Lease. In this regard, Duke and Express Scripts have tentatively agreed upon certain dates for completion of the Building. Although Duke and Express Scripts have not yet executed the Lease, Duke has advised Express Scripts of the need to commence architectural, engineering and related design work in order to give Duke the opportunity to complete the Building in accordance with the tentative schedule. Duke has further advised Express Scripts that Duke is not willing to incur the cost and expense of such architectural, engineering and related design work prior to the execution of the proposed Lease. In view of the foregoing, and in consideration of the costs and expenses to be incurred by Duke pursuant to this letter agreement, Express Scripts hereby covenants and agrees that in the event that Duke and Express Scripts fail to come to a written agreement on terms of the Lease that are mutually satisfactory to both Duke and Express Scripts, that Express Scripts will reimburse Duke for Allowable Expenses (defined below) that Duke incurs prior to either party giving notice that Lease negotiations have terminated. As used herein, the term "
Dear Xxxxxxx. This letter sets forth the substance of the separation agreement (the “Agreement”) that Instil Bio, Inc. (the “Company”) is offering to you to aid in your employment transition. 1.