M&A Boot Camp booklet 2023 - Flipbook - Page 88
TABLE OF CONTENTS
(CONTINUED)
PAGE
7.
8.
9.
10.
6.8
FIRPTA Compliance
45
6.9
No Restraints
45
6.10
No Legal Proceedings
45
6.11
No Options/Warrants
45
6.12
Termination of Employee Plans
45
6.13
Employees
45
6.14
Section 280G Stockholder Approval
45
6.15
Release of Lighthouse Liens
45
CONDITIONS PRECEDENT TO OBLIGATIONS OF THE COMPANY
46
7.1
Accuracy of Representations
46
7.2
Performance of Covenants
46
7.3
Stockholder Approval
46
7.4
Documents
46
7.5
No Restraints
46
TERMINATION
46
8.1
Termination Events
46
8.2
Termination Procedures
48
8.3
Effect of Termination
48
INDEMNIFICATION, ETC.
48
9.1
Survival of Representations, Etc.
48
9.2
Indemnification
49
9.3
Limitations
50
9.4
No Contribution
51
9.5
Defense of Third Party Claims
51
9.6
Setoff
51
MISCELLANEOUS PROVISIONS
52
10.1
Stockholders’ Agent
52
10.2
Further Assurances
53
10.3
Fees and Expenses
53
10.4
Attorneys’ Fees
53
10.5
Notices
53
10.6
Headings
54
10.7
Counterparts and Exchanges by Electronic Transmission or Facsimile
54
iii.