REFAC definition
Examples of REFAC in a sentence
REFAC has caused this Agreement to be duly executed by its officer thereunder duly authorized and the Optionee has hereunto set his hand, all as of the day and year set forth above.
Director of Opticare Health Systems, Inc., SSG Precision Optronics, Governor Aerospace Industries Association, New Jersey Technology Council and REFAC Technology Development Corporation.
Payment of such salary will be made in accordance with REFAC's customary pay practices for senior officers and will be subject to such payroll deductions as are required by law or by the terms of any applicable benefit plan of REFAC.
Such information may include details of REFAC's business and client relationships (past, present and prospective) and related REFAC and client plans, products, property rights, technical and market data.
The covenants and agreements of REFAC or each of the Sellers, as the case may be, shall survive the date hereof indefinitely.
Each of the representations and warranties of REFAC contained in this Agreement shall have been true and correct in all material respects when made, and shall be true and correct in all material respects as of the Closing as though made on and as of such date.
REFAC and Lang shall have executed and delivered the Retirement Agreement dated December 13, 1996 (the "Retirement Agreement") substantially in the form attached hereto as Exhibit A and when delivered hereunder such Retirement Agreement will be a legal, valid, binding and enforceable obligation of each of REFAC and Lang.
Therefore REFAC, in addition to any other remedy to which it may be entitled at law or in equity, may compel specific performance of such Sections of this Agreement.
At the Closing, REFAC is acquiring good and marketable title to such Shares, free and clear of all Encumbrances.
This Agreement has been validly executed and delivered by REFAC and, assuming due authorization, execution and delivery by the Sellers, constitutes the legal, valid and binding obligation of REFAC, enforceable against REFAC in accordance with its terms.