Medaphis definition
Examples of Medaphis in a sentence
Further, Medaphis has no obligation to Employee to create parity with any other Medaphis executives with respect to any options granted to such other executives.
Employee shall be considered for additional grants of options to purchase shares of Medaphis common stock in a manner which is consistent with other senior officers of the Company.
However, nothing in this Agreement shall give rise to a contractual right to Employee to receive grants of additional stock options of Medaphis.
Except for this Agreement and any Ancillary Agreements, in furtherance of the Separation, HRI and Medaphis hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among HRI, on the one hand, and Medaphis and/or any member of the Medaphis Group, on the other hand, effective as of the Closing Date.
All notices or other communications under this Agreement or any Ancillary Agreement shall be in writing and shall be deemed to be duly given when (a) delivered in person or (b) deposited in the United States mail or private express mail, postage prepaid, addressed as follows: If to Medaphis, to: Secretary Medaphis Corporation 2840 ▇▇.
The rights and obligations of each of Medaphis and HRI and their respective Indemnitees under this Section 15 shall survive the Closing for a period of three years.
If, after the Closing Date, any lien or guaranty is discovered that encumbers any asset or capital stock of HRI, or under which HRI has any obligation, and that relates to any indebtedness of Medaphis or of any member of the Medaphis Group, Medaphis shall take all actions that shall be necessary to obtain the release of such lien or guaranty.
Medaphis shall, by a separate agreement, indemnify those persons who have agreed to become HRI directors upon the Closing against Liabilities relating to the IPO to the extent customary for indemnification of directors by issuers relating to initial public offerings.
Except as expressly set forth herein, nothing in this Agreement shall give rise to a contractual right to Employee to receive grants of additional stock options of Medaphis.
Medaphis shall cause all such liens and guaranties to be released on or before the Closing Date.