KNOCKOUT MATERIAL CONTRACTS definition
KNOCKOUT MATERIAL CONTRACTS means the burden and benefit of and the right, title and interest of Knockout in, to and under all trade and non-trade contracts, engagements or commitments, whether written or oral, to which Knockout is entitled in connection with the Knockout Business whereunder Knockout is obligated to pay or entitled to receive the sum of $10,000 or more including, without limitation, any pension plans, profit sharing plans, bonus plans, loan agreements, security agreements, indemnities and guarantees, any agreements with employees, lessees, licensees, managers, accountants, suppliers, agents, distributors, officers, directors, attorneys or others which cannot be terminated without liability on not more than one month's notice, and those contracts listed in Schedule "I" hereto;