Examples of Xxxxxxxxx Note in a sentence
Upon and in consideration for issuance of the Xxxxxxx Note, Kodger Note and the Xxxxxxxxx Note, the Company and Xxxxxxx, Kodger and Xxxxxxxxx shall cancel any existing indebtedness of the Company to Xxxxxxx, Kodger and Xxxxxxxxx (except for any salary earned but not paid up to the Closing Date and any expense reimbursements due up to the Closing Date pursuant to the Company’s policies and procedures regarding expense reimbursements), and shall provide evidence of such cancellation to Buyer at Closing.
Other than this Agreement, (i) the Seller is not a party to or bound by any voting trust agreements, proxies or other contracts or arrangements restricting or relating to the Company Stock, except for the Xxxxxxxxx Note and the Xxxxxxxxx Pledge; and (ii) the Seller is not a party to any option, warrant, purchase right or other contract or commitment that could require the Seller to sell, transfer or otherwise dispose of any Company Stock, except for the Xxxxxxxxx Note and the Xxxxxxxxx Pledge.
The Xxxxxxxxx Note shall be in the form attached hereto as Exhibit 2.2(c)(iii).
Except for the Xxxxxxxxx Note and the Xxxxxxxxx Bridge Note, there are no outstanding Subordinated Debt Documents.
Existing Debt ------------- ================================================================================ Balance as of November 28, 1998 -------------------------------------------------------------------------------- Xxxxxxx Xxxxxxxxx Note Payable $ 84,375 -------------------------------------------------------------------------------- Noncompete - X.