Paravant definition
Examples of Paravant in a sentence
During the Term of Employment, the Employee shall be employed as an officer of the Company with duties and responsibilities commensurate with the execution of the Paravant Computer Systems' core business.
In addition, the Employee shall not at any time, during or after the termination of this Agreement, engage in any business which uses as its name, in whole or in part, "Paravant Computer Systems, Inc.", "PCS" or any other name then used by the Company or any of its affiliates or subsidiaries.
In addition, the Employee shall not at any time, during or after the termination of this Agreement, engage in any business which uses as its name, in whole or in part, "Paravant Computer Systems, Inc.," "PCS" or any other name then used by the Company or any of its affiliates or subsidiaries.
In addition, the Employee shall not at any time, during or after the termination of this Agreement, engage in any business which uses as its name, in whole or in part, "Paravant Inc.," or any other name then used by the Company or any of its affiliates or subsidiaries.
During the Term of Employment, the Employee shall be employed as an officer of the Company with duties and responsibilities commensurate with those of President of Paravant Computer Systems Business Unit.
If any party elects to be issued such Paravant Stock in installments, then the aggregate amount of such stock to be issued to such party and the date or dates on which such stock shall be issued shall be paid as specified two (2) business days prior to Closing.
Each Shareholder hereby represents that he is an "accredited investor" within the meaning of SEC Regulation D and has provided written confirmation to the Purchaser of such status and that he understands that the transaction contemplated by this Agreement may be initially carried out as a transaction exempt from registration under the 33 Act and accordingly, the shares of Paravant Stock will not have been registered under the Act.
The shares of Paravant Stock which will be paid by the Purchaser to the parties as consideration under this Agreement will be "restricted securities" which will not have been registered under federal or state securities laws in reliance upon exemptions from such registration based in part on investment representations given by the STL and the Shareholders in Sections 2.29 and 3.
The Paravant Stock to be paid as consideration under this Agreement has been duly authorized and when paid under the terms of this Agreement such Paravant Stock issued shall be issued and outstanding, fully paid and nonassessable.
Subject to approval by the Superior Court, the calculations of gross (pre-tax) Settlement Awards for Settlement Class Members will be made by the Settlement Administrator based on records submitted to the Settlement Administrator by the Company, which records are presumed to be accurate.