K-Tech definition
Examples of K-Tech in a sentence
Subject to Section 5.01(c), if at any time or from time to time the Company proposes to register the Common Stock under the 1933 Act in connection with a public offering (other than an Initial Public Offering consisting solely of primary Common Stock or in connection with the registration of shares of Common Stock issued to former shareholders of K-Tech Mfg., Inc.
The maximum number of shares of Common Stock issuable to the former K-Tech Mfg., Inc.
Except (i) as provided for in this Agreement, (ii) for accretion in respect of restricted stock awards after the date hereof, (iii) for Common Stock to be issued to former stockholders of K-Tech Mfg., Inc.
TRER and K-Tech have agreed that an alternative mechanism should be in place for TRER to earn membership percentage interest in Reetech up to the agreed maximum ownership interest of 49.9% in the event TRER is the procuring cause of revenue generated from third parties as specifically defined herein below.
KTech has necessary trained personnel and skillsets to perform the warranty services consistent with industry standards.
This Agreement is the legal, valid and binding obligation of K-Tech, enforceable against K-Tech in accordance with its terms.
K-Tech and Reetech (hereafter individually referred to as a “Party” or collectively as the “Parties”) previously entered into the Exclusive License Agreement.
Subject to the terms and conditions of this Agreement and the terms and conditions of the Exclusive License Agreement between Company and K-Tech (the “Original Agreement”), Company grants to Licensee a non-exclusive, license to the K-Tech IP to make, have made, use, import, offer to sell and sell Licensed Products and to practice the Licensed Process(es) in the Field(s) of Use and the Territory (the “License”).
Said accountant shall disclose information acquired to K-Tech only to the extent that it should properly have been contained in the royalty reports required under this Agreement.
As of June 30, 2015, TRER has made the initial Capital Contribution indicated opposite its name on Schedule A, and K-Tech shall be deemed to have made the initial Capital Contribution indicated opposite its name on Schedule A.