Executone definition
Examples of Executone in a sentence
Executone and Unistar have caused this Agreement to be duly executed by their respective officers, each of whom is duly authorized, as of the day and year first above written.
If Executone or Unistar terminates this Agreement, Executone or Unistar may elect to contract with another party to complete the Project in accordance with the designs and specifications without payment of any royalty or other fee to CWH.
Any existing printed material, signs, graphics or Internet websites displaying any affiliation or connection of Unistar or UEI with Executone may be used by Unistar or UEI only so long as necessary but in no event after the date more than six months after the Separation Date.
Preferred Stock" shall mean the aggregate of the 250,000 shares of Cumulative Convertible Preferred Stock, Series A, $0.01 par value per share, and the 100,000 shares of Cumulative Contingently Convertible Preferred Stock, Series B, $0.01 par value per share, of Executone to be received by the Shareholders as a result of the Merger, the rights and preferences of which are set forth in the Articles of Amendment comprising Exhibit 1.26 attached hereto.
At the Closing, (i) Unistar will deliver to Executone and Newco the various certificates, instruments and documents referred to in Section 5.5 below; (ii) Executone will deliver to Unistar the various certificates, instruments and documents referred to in Section 6.5 below; (iii) Unistar and Newco will file with the SSSD and VSCC a Certificate of Merger and Articles of Merger in the forms attached hereto as Exhibit 2.3.
The Corporation will pay on behalf of Executive the $.05 per share ($5,000) to exercise the rights to acquire shares of Unistar stock being issued in conjunction with the separation applicable to the 100,000 Executone shares under the stock loan.
Seslowe, his or its lawful attorneys for a▇▇ ▇▇ ▇▇▇ ▇▇▇e, pl▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇ such Shareholder, with full power of substitution, for one (1) year from the date of such Shareholder's execution of this Agreement to vote as such Shareholder's proxy all of his or its shares of Executone Common Stock and Executone Preferred Stock for the amendment set forth in the Articles of Amendment at any meetings, regular or special, of the shareholders of Executone, or any adjournments thereof.
At the Closing Date, Executone also will assume responsibility for, and pay when due, expenses incurred by Unistar but not yet paid, provided, however, that the maximum of such expenses shall not exceed $500,000 based on Executone's undertaking to keep current on Unistar's liabilities.
CWH hereby agrees, at the sole and complete cost of Executone or Unistar, to escrow a copy of the source code, HTML code or other code (whether object or source code) for all elements or portions of the Web Pages and the Work Product not provided to Executone or Unistar in source code form (the "Escrow Materials"), with a third party agent acceptable to Executone or Unistar and under contractual terms acceptable to Executone or Unistar.
The execution, delivery and performance by Executone and Newco of this Agreement and of all of the documents and instruments delivered by Executone or Newco pursuant hereto, including, but not limited to, the Articles of Amendment creating the Preferred Stock, are within the corporate power of Executone and Newco, respectively, and have been duly authorized by all necessary corporate action of Executone or Newco, respectively.