PartialSettlementandConversionAgreement部分转让条约doc文档格式.docx
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ThisPartialSettlementandConversionAgreement(theAgreement)isenteredintoasof_________(M/D/Y),betweenBBBCorporation,a_________(Placename)corporation(Concorde),andAAA,Inc.,a_________(Placename)corporation(Search).
WITNESSETH
WHEREAS,SearchandConcordearepartiestothatcertainletteragreementdated_________(M/D/Y)(theLetterAgreement)acopyofwhichisattachedheretoasExhibitB
WHEREAS,SearchhasagreedtocompensateConcordepursuanttotheLetterAgreementforservicesrenderedasitsfinancialadvisoronmattersrelatedtoabusinesscombination,acquisitionormerger(asdefinedtherein,aTransaction),(i)anamountequaltotwopercent(_________%)ofthetotalvalueattributabletoaTransaction(theTransactionFee)(ii)$,_________permonthpaidmonthlyinadvanceonthe10thofeachmonth(effective_________(M/D/Y))(theRetainer),and(iii)two
(2)warrants,eachforthepurchaseof_________sharesofcommonstockofSearch,onthetermsandwithsuchregistrationrightsassetforthintheCompensationScheduletotheLetterAgreement(theWarrants
WHEREAS,SearchhaspreviouslyenteredintothatcertainAgreementandPlanofMergerdated_________(M/D/Y),asamendedon_________(M/D/Y)(asamended,theMergerAgreement)byandamongSearch,CCCCorporation,a_________(Placename)corporation(Harken),andSearchAcquisitionCorp.,a_________(Placename)corporation;
WHEREAS,SearchandConcordedesiretoenterintothisagreementinordertofacilitatetheTransactionscontemplatedbytheMergerAgreement;
NOW,THEREFORE,forandinconsiderationofthemutualcovenantsandpromisescontainedherein,thereceiptandadequacyofwhichareherebyacknowledged,thepartiesherebyagreeasfollows:
1.InconsiderationoffullsettlementoftheTransactionFeeandpartialsettlementoftheRetainerdueundertheLetterAgreement,ConcordeshallbeentitledtoreceivefromSearchanamountequalto$,_________.
2.Search’sobligationtopaytheamountsetforthinSection1aboveshallbeevidencedandpayableinaccordancewithanunsecured,non-interestbearingpromissorynote,substantiallyintheformandsubstanceofExhibitAattachedhereto(thePromissoryNote).
3.PursuanttoSection1.07oftheMergerAgreement,attheEffectiveTime,theobligationsevidencedbythePromissoryNoteshallbeconvertedautomaticallyintoandshallthereafteronlyrepresenttherighttoreceiveandshallbeexchangeableforsharesofcommonstock,$,_________parvaluepershare,ofHarken(theHarkenCommonStock).Inaddition,upontheconversionofthePromissoryNote,theholderofthePromissoryNoteshallbeentitledtoreceivefromHarken,undercertainconditions,additionalsharesofHarkenCommonStockasprovidedinSections1.07and1.10oftheMergerAgreement.
4.UpontheconversionofthePromissoryNoteasprovidedinSection3above,SearchshallbereleasedfromallobligationsundertheLetterAgreementincludingwithoutlimitationthepaymentoftheTransactionfeeundertheLetterAgreementandthePromissoryNote,aswellasthepaymentofanyRetainerorportionthereofwhichhasnotbeenpaidbySearchtoConcordeatthetimeofsuchconversion;
provided,however,thisAgreementisnotintendedtoandshallnotbedeemedasareleaseoftheobligationofSearchtoindemnifyConcordeagainstcertainevents.
5.ThepartiesheretodoherebystipulateandagreethatanyandallobligationsundertheLetterAgreementofSearchtoissuetoConcordethewarrantshavebeenfulfilledandcompliedwithandConcordedoesherebyreleaseSearchfromanyfurtherobligationforanyfurtherobligationswithregardtotheWarrants.
6.ThisAgreementandthePromissoryNoteheretoareexpresslyconditionedupontheconsummationofthetransactionscontemplatedbytheMergerAgreementandtheoccurrenceoftheEffectiveTime,andthefailuretoconsummatetheMerger(asdefinedtherein)inaccordancewiththeMergerAgreementshallrenderthisAgreementandthePromissoryNotevoidandshallreleasethepartiesheretoandtheretoofanyandallobligationshereunderandthereunder,andinsucheventthetermsandprovisionsoftheLetterAgreementshallremainandcontinueinfullforceandeffect.
7.TherightsandobligationsunderthisAgreementshallbebindinguponandinuretothebenefitofSearchandConcordeandtheirrespectivesuccessorsandassigns.
8.ThisAgreementcontainstheentireunderstandingofthepartiesheretowithrespecttothesubjectmatterhereofandsupersedesallpriordiscussionsandundertakings.
9.ThisAgreementshallbegovernedbythelawsoftheStateofTexasastoallmatters,includingbutnotlimitedto,mattersofvalidity,construction,effect,performance,andremedies.
INWITNESSWHEREOF,thepartiesheretohaveexecutedthisAgreementasofthedayandyearfirstabovewritten.
AAA,INC.BBBCORPORATION
By:
_________By:
_________
Name:
_________Name:
Title:
_________Title:
ParticipationAgreement参股协议-
3.1Survival;
Termination.
3.1(a)AllrepresentationsandwarrantiesinthisAgreementshallsurvivetheClosing.Anyinvestigationorotherexaminationthatmayhavebeenmadeormaybemadeatanytimebyoronbehalfofthepartytowhomrepresentationsandwarrantiesaremadeshallnotlimit,diminishorinanywayaffecttherepresentationsandwarrantiesinthisAgreement,andthepartiesmayrelyontherepresentationsandwarrantiesinthisAgreementirrespectiveofanyinformationobtainedbythembyanyinvestigation,examinationorotherwise.
3.1(b)ThecovenantscontainedinSections1.1(a),1.1(b),1.1(e),1.1(f),1.1(g),1.1(h)and1.1(i)(butnotanyliabilityforanybreachthereof)shallterminateattheEffectiveTime.AllothercovenantscontainedinthisAgreementshallsurvivetheMerger.
3.1(c)ThisAgreementshallterminateinallrespectsuponterminationoftheMergerAgreement(butnotanyliabilityforanybreachhereof).
3.2SpecificPerformance.EachofthepartiestothisAgreementherebyacknowledgesthattheotherpartywillhavenoadequateremedyatlawifitfailstoperformanyofitsobligationsunderthisAgreement.Insuchevent,eachofthepartiesagreesthattheotherpartyshallhavetheright,inadditiontoanyotherrightsitmayhave(whetheratlaworinequity),tospecificperformanceofthisAgreement.
3.3FurtherAssurances.IfatanytimeaftertheEffectiveTime,AAAshallconsideritadvisablethatanyfurtherconveyance,agreements,documents,instrumentsandassurancesoflaworanyotherthingsarenecessaryordesirabletovest,perfect,confirmorrecordthetitletoanyproperty,rights,privileges,powersandfranchisesofIndividual,theofficersofIndividuallastinofficeandsuchotherpersons,ifany,astheBoardofDirectorsofIndividuallastinofficemayauthorizeshallexecuteanddeliver,uponAAA’srequest,anyandallproperconveyances,agreements,documents,instrumentsandassurancesoflaw,anddoallthingsnecessaryorpropertovest,perfect,confirmorrecordtitletosuchproperty,rights,privileges,powersandfranchisesinAAAandotherwisetocarryouttheprovisionsofthisAgreement.
3.4PartiesinInterest.AllthetermsandprovisionsofthisAgreementshallbebindingupon,shallinuretothebenefitofandshallbeenforceablebytherespectivesuccessorsandpermittedassignsofthepartieshereto.NothingexpressedorimpliedinthisAgreementisintendedorshallbeconstruedtoconferuponorgiveanyperson,firmorcorporationotherthanthepartieshereto,theirpermittedsuccessorsorassigns,andtheirrespectivestockholdersanyrightsorremediesunderorbyreasonofthisAgreementoranytransactioncontemplatedhereby.
3.5EntireAgreement.ThisAgreementandtheMergerAgreement(togetherwiththeExhibits,theAAADisclosureSchedule,theIndividualDisclosureScheduleandtheotherdocumentsdeliveredpursuantthereto)constitutetheentireagreementbetweenthepartiesandsupersedeallprioragreementsandunderstandings,bothwrittenandoral,betweentheparties,oranyofthem,withrespecttothesubjectmatterhereof.
3.6AmendmentorModification.AtanytimebeforeoraftertheadoptionoftheAgreementbythestockholdersofIndividualortheapprovaloftheproposalscontainedintheProxyStatementbythestockholdersofAAAandIndividual,thisAgreementmaybeamendedorsupplementedbyadditionalagreements,articlesorcertificates,inwriting,asmaybedeterminedbythepartiesheretotobenecessary,desirableorexpedienttofurtherthepurposesofthisAgreement,ortoclarifytheintentionofthepartieshereto,ortoaddtoortomodifythecovenants,termsorconditionshereofortoeffectorfacilitateanygovernmentalapprovaloracceptanceoftheMergerorofthisAgreementortoeffectorfacilitatethefilingorrecordingoftheAgreementortheconsummationofanyofthetransactionscontemplatedherebyorthereby.
3.7NoWaiver.ThefailureofanypartyheretotoenforceatanytimeanyoftheprovisionsofthisAgreementshallinnowaybeconstruedtobeawaiverofanysuchprovision,norinanywaytoaffectthevalidityofthisAgreementoranyparthereofortherightofsuchpartythereaftertoenforceeachandeverysuchprovision.Nowaiverofanybreachofornon-compliancewiththisAgreementshallbeheldtobeawaiverofanyotherorsubsequentbreachornon-compliance.
3.8Assignability.ThisAgreementshallnotbeassignablebytheMajorStockholder,ontheonehand,orAAA,