Proxim definition
Examples of Proxim in a sentence
Pursuant to the Merger, all outstanding common stock of Proxim will be canceled and extinguished and converted into the right to receive common stock of Western Multiplex, as set forth in the Reorganization Agreement, and Proxim will become a wholly owned direct subsidiary of Western Multiplex.
If to the Company: Proxim Corporation ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Sunnyvale, California 94085 Attention: Vice President, Human Resources If to Executive: To the most recent address of Executive set forth in the personnel records of the Company.
The Stockholder agrees with, and covenants to, Proxim that the Stockholder shall not request that Western Multiplex register the Transfer of any certificate or uncertificated interest representing any of the Shares, unless such Transfer is made in compliance with this Agreement.
This Agreement and all of the terms and provisions hereof shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and permitted assigns, but, except as otherwise specifically provided herein, neither this Agreement nor any of the rights, interests or obligations of the Stockholder may be assigned to any other Person without the prior written consent of Proxim.
As security for the agreements of the Stockholder provided for herein, the Stockholder hereby grants and delivers to Proxim, concurrently with the execution and delivery of this Agreement, a proxy in the form attached hereto as Exhibit A (the "PROXY"), which shall be irrevocable to the fullest extent permitted by applicable law, with respect to the Shares of which Stockholder is or becomes the record owner.
If so requested by Proxim, the Stockholder hereby agrees that the Shares shall bear a legend stating that they are subject to this Agreement and, to the extent applicable, to an irrevocable proxy.
Proxim wireless communication is employed between bus and garage computer.
This Agreement has been duly executed and delivered by the Stockholder, and, assuming this Agreement constitutes a valid and binding obligation of Proxim, constitutes a valid and binding obligation of the Stockholder, enforceable against it in accordance with its terms, except as enforceability may be limited by bankruptcy and other similar laws and general principles of equity.
The Stockholder hereby covenants and agrees to use reasonable efforts to cooperate with Proxim and Western Multiplex to consummate the Merger upon the terms, and subject to the conditions, set forth in the Reorganization Agreement, including making all necessary filings required under the HSR Act.
The undersigned hereby elects to purchase, pursuant to the provisions of the Warrant to purchase Shares of Common Stock, par value $0.01 per share, issued by Proxim Corporation and held by the undersigned, the original of which is attached hereto, and (check the applicable box): [ ] Tenders herewith payment of the Exercise Price (as defined in the Warrant) in full in the form of cash, certified check or official bank check in the amount of $__________________ for _______________ of such Shares.