Examples of Escrow Shareholders in a sentence
HealthCore hereby agrees to indemnify and hold harmless the Participating Escrow Shareholders from and against any and all Damages incurred by the Participating Escrow Shareholders resulting from, relating to, or arising out of the inaccuracy of any representation or warranty herein by HealthCore or the breach of any covenant contained herein by HealthCore.
Unless otherwise agreed to by HealthCore and all of the Participating Escrow Shareholders, in writing, this Agreement shall terminate and be of no further force or effect immediately upon the termination of the agreements contained in the Merger Agreement.
This Agreement may be amended, modified and supplemented only by a writing signed by HealthCore and the Participating Escrow Shareholders.
At the Termination Closing, HealthCore shall have no items to deliver to the Participating Escrow Shareholders.
If the Principals for any reason cease to be directors or senior officers of such companies, or ceases to provide such services, then the Escrow Shareholders shall be entitled to retain their Escrow Shares and remain bound by the terms of this Agreement.
Contemporaneously with the execution hereof, each of the Participating Escrow Shareholders shall execute and deliver to HealthCore an irrevocable proxy (collectively, the "Voting Proxies") appointing Xxxx X.
Without limiting the generality of the foregoing, HealthCore and each of the Participating Escrow Shareholders agrees to execute and deliver any and all such documents and instruments as may be required by the Escrow Agent in connection with the termination of the Escrow Agreement and the release and delivery of the Escrow Shares.
Any failure of HealthCore or the Participating Escrow Shareholders to comply with any obligation, covenant, agreement or condition herein contained may be expressly waived, in writing only, by (i) HealthCore in the case of any failure of the Participating Escrow Shareholders, or (ii) the Participating Escrow Shareholders in the case of any failure of HealthCore.
Any Deposited Securities that have not been released to the Escrow Shareholders pursuant to the Escrow Agreements prior to the Expiration Date shall be delivered by the Escrow Agent to Sonus for cancellation, as soon as practicable after the Expiration Date.
As soon as all such claims have been resolved, Escrow Agent shall deliver to the relevant Escrow Shareholders the remaining Escrow Fund not required to satisfy such claims.