ITEX definition
Examples of ITEX in a sentence
The execution, delivery and performance of this Agreement and the Ancillary Agreements by ITEX do not require the consent of ITEX’s stockholders.
Purchaser desires to acquire certain of the assets and liabilities of Seller's business and be granted the non-exclusive right and license to utilize certain ITEX Proprietary Information on the terms and conditions hereinafter set forth.
Seller operates a barter network system in the United States and Canada, and desires to sell to Purchaser certain assets and liabilities of Seller's business and grant to Purchaser the non-exclusive right and license to utilize certain ITEX Proprietary Information.
This Note may be one of a series of duly authorized Secured Promissory Notes of the Company or an Affiliate of the Company, of like tenor and effect issued pursuant to the Purchase Agreement or another agreement for purchase of assets of ITEX Corporation, except for variations necessary to express the name of the maker, the principal amount of each Note, and the date of issue (the "Notes").
This Agreement may be amended by action taken by Intagio and ITEX at any time.
Effective as of the Closing Date, Intagio agrees to release each Named Employee of any contractual non-compete obligations in favor of Intagio that would otherwise restrict such Named Employee from serving as an employee or independent contractor of ITEX following the Closing Date.
Intagio shall pay directly to such former Intagio employees any incentive compensation payment(s) that accrue pursuant to the Intagio employee incentive compensation plan for such former Intagio employees during their tenure as Intagio employees, and ITEX shall have no obligation to pay incentive compensation to former Intagio employees for amounts that accrued under the Intagio employee incentive compensation plan prior to the Closing Date.
ITEX agrees that any former Intagio employee that becomes an employee or contractor of ITEX on or after the Closing Date shall be included in any incentive compensation plan that ITEX generally makes available to other ITEX employees or contractors.
EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT, THE PURCHASED ASSETS ARE BEING SOLD TO ITEX “AS IS” AND INTAGIO EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS AND IMPLIED, INCLUDING, WITHOUT LIMITATION, THOSE OF NONINFRINGEMENT, MERCHANTABILITY AND SUITABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE OR USE.
The exact legal name of the Debtor as that name appears on its Restated Articles of Incorporation filed with the Nevada Secretary of State is as follows: ITEX Corporation.