Intek definition

Intek means Intek Information, Inc., a Delaware corporation. -----

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Intek means Intek, Inc., a Georgia corporation."

Intek shall be deemed to be references to Intek and its wholly-owned subsidiary, Intek Labs Ltd.):

Examples of Intek in a sentence

For the purposes of this Section, the term "Subject Company" shall mean Intek and any direct or indirect subsidiaries, parents and affiliates of Intek including Acorn.
No federal or state income or sales Tax Returns of Intek have been audited.
Neither Intek nor any authorized agent acting on its behalf will take any action hereafter that would cause the loss of such exemption.
Intek has not executed or filed with any Taxing authority any agreement extending the period for assessment or collection of any Taxes.
All contracts, agreements and instruments to ------------------ which Intek is a party are valid, binding and in full force and effect in all Material respects, and are valid, binding and enforceable by Intek in accordance with their respective terms, subject to the laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.
No condition or event has occurred which, with notice or the passage of time or both, would constitute a violation of a Legal Requirement or Permit except where such noncompliance or violation has not had, and could not reasonably be expected to have, a Material adverse effect upon Intek.
This Agreement constitutes, and the Documents constitute, valid and binding obligations of Intek, enforceable in accordance with their respective terms, except as may be limited by principles of public policy and except as indemnification provisions may be limited by securities laws, and subject to laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.
The Shareholders shall furnish to Intek on the Closing Schedule 2.2.2.B which contains the percentages of the Contingent Earn-Out Consideration each Shareholder is entitled to receive hereunder, which Schedule shall be updated and promptly furnished to Intek from time to time upon the change of any such percentages during the Earn-Out Period.
Intek will pay to the Shareholders the Contingent Earn-Out Consideration, if Acorn meets certain percentages of certain Minimum EBITDA Targets as set forth in this Section 2.2 on the first, second and third anniversary dates of the last day of the month in which the Closing Date occurs ("Year 1," "Year 2" and "Year 3," respectively, and each may be referred to as an "Annual Measurement Period").
A complete and correct list of all officers and directors of Intek is set forth in Schedule 4.5.B.

More Definitions of Intek

Intek s offer of employment to such Transferred Employees shall provide for the same base salary payable to such Transferred Employee by MIC immediately prior to such offer of employment by Intek, but on such other terms and conditions of employment, if any, as Intek may offer to the Transferred Employee's in its sole discretion; PROVIDED, HOWEVER, that Transferred Employees will be offered a health and life insurance program which shall not exclude coverage for conditions existing prior to Closing (except to the extent excluded prior to the Closing) and which, taken as a whole, will be comparable to the health and life insurance program now offered to such Transferred Employees by MIC, provided that the insurance company which currently provides MIC with health and life insurance coverage is willing to provide such coverage to Intek on and after the date of the Closing at a cost comparable to that paid by MIC immediately before the Closing. Intek shall grant all Transferred Employees credit for purposes of eligibility and vesting under Intek's employee benefit plans, programs, agreements or arrangements for such Transferred Employees' years of service as employees of MIC to the same extent a similarly situated Intek employee's service with Intek is taken into account for purposes of eligibility and vesting under such employee benefit plans, programs, agreements or arrangements.

Intek when used herein means Intek Information, Inc., a Delaware corporation, and the term "Protocall" when used herein means the Intek subsidiary previously known as Protocall New Business Specialists, Inc., a California corporation.