Amendment No. 2 Sample Clauses

Amendment No. 2. Section 4.1, Base Compensation, of the Agreement is hereby amended to include the following additional sentence: The Base Compensation may be paid by the Company when it has sufficient cash resources as determined by the Board of Directors, taking into consideration the other cash obligations of the Company and its available working capital. Any unpaid Base Compensation shall be accrued by the Company.
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Amendment No. 2. Amend hereby acknowledges and agrees that no bonus it due to Amend for the period from November 1, 2004 through March 31, 2005. Mobilepro and Amend hereby agree that the bonus calculation under Paragraph 3(d)(i) shall reset as of April 1, 2005 and run, for the first year, through March 31, 2006.
Amendment No. 2. Paragraph 1.6(b) and Exhibit “A” are hereby deleted in their entirety.
Amendment No. 2. 40 Annex A .......................................................................2
Amendment No. 2. Section 1.03(a) of the Purchase Agreement is hereby deleted in its entirety and replaced with the following:
Amendment No. 2. Section 1(k) of the Trust Agreement is hereby amended and restated in its entirety as follows:
Amendment No. 2. The following language shall be inserted into the Agreement as Section 4(e): As partial consideration for entering into this Agreement, Mobilepro Corp. hereby grants Xx. Xxxxxx warrants to acquire one million five hundred thousand (1,500,000) shares of Mobilepro’s common stock at an exercise price of $0.15 per share (the “Warrants”). The Warrants shall vest ratably over the remaining Term of the Agreement, or immediately if Xx. Xxxxxx’x employment is terminated without cause (as described in Section 6 (b) of the Agreement) or, due to a change in control, sale of a majority of the common stock or substantially all of the assets of Mobilepro or merger of Mobilepro into or with another company (unless such company is less than ninety percent (90%) of the size (measured by market value) of Mobilepro) or reverse merger with another company.
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Amendment No. 2. The effectiveness of the consents and amendments contained herein shall only be effective upon the receipt by Agent of each of the following, in each case in form and substance reasonably satisfactory to Agent:

Related to Amendment No. 2

  • Amendment; No Waiver No provision of this Agreement may be amended, modified, waived or discharged except by a written document signed by Executive and duly authorized officer of the Company. The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered as a waiver of such party’s rights or deprive such party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. No failure or delay by any party in exercising any right or power hereunder will operate as a waiver thereof, nor will any single or partial exercise of any other right or power. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by any party, which are not set forth expressly in this Agreement.

  • Amendment and Restatement; No Novation This Agreement constitutes an amendment and restatement of the Existing Credit Agreement, effective from and after the Closing Date. The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement. On the Closing Date, the credit facilities described in the Existing Credit Agreement shall be amended, supplemented, modified and restated in their entirety by this Agreement and the facilities described herein, and all loans and other obligations of the Borrower outstanding as of such date under the Existing Credit Agreement shall be deemed to be loans and obligations outstanding under the corresponding facilities described herein, without any further action by any Person, except that the Administrative Agent shall make such transfers of funds as are necessary in order that the outstanding balance of such Loans, together with any Loans funded on the Closing Date, reflect the respective Revolving Credit Commitments of the Lenders hereunder.

  • ENTIRE AGREEMENT, AMENDMENT; NO WAIVER This Agreement and the instruments referenced herein contain the entire understanding of the Company and Investor with respect to the matters covered herein and therein and, except as specifically set forth herein or therein, neither the Company nor Investor makes any representation, warranty, covenant or undertaking with respect to such matters. No provision of this Agreement may be waived or amended other than by an instrument in writing signed by the party to be charged with enforcement.

  • Amendment and Supplement Any amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both parties. The amendment and supplement duly executed by both parties shall be part of this Agreement and shall have the same legal effect as this Agreement.

  • Amendment No 14 includes provisions for a new portfolio of the Trust (the EQ/Franklin Xxxxxxxxx Founding Strategy Portfolio) and updates the names of certain existing Portfolios.

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of February 10, 2010 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • Construction of this Amendment; Participation Agreement (a). This Amendment shall be interpreted to be consistent with, and to facilitate compliance with and reliance on, Rule 30e-3 under the 1940 Act and Rule 498A (including paragraph (j) thereof) under the 1933 Act and any interpretations of those Rules by the Securities and Exchange Commission, its staff, courts, or other appropriate legal authorities.

  • Amendment of Contract This agreement contains the whole of the agreement between the Company and the Consultant and there are no other warranties, representations, conditions or collateral agreements except as set forth in this agreement. Any modification to this agreement must be in writing and signed by the parties hereto or it shall have no effect and shall be void.

  • First Amendment The Administrative Agent shall have received multiple counterparts as requested of the this First Amendment from each Lender.

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