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AMENDMENT

Asset Purchase Agreement

AMENDMENT | Document Parties: ANDREW CORPORATION | EMS TECHNOLOGIES, INC You are currently viewing:
This Asset Purchase Agreement involves

ANDREW CORPORATION | EMS TECHNOLOGIES, INC

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Title: AMENDMENT
Governing Law: New York     Date: 12/7/2006
Industry: Communications Equipment     Sector: Technology

AMENDMENT, Parties: andrew corporation , ems technologies  inc
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Exhibit 2.02

     AMENDMENT dated as of December 1, 2006 (this " Amendment "), between ANDREW CORPORATION, a Delaware corporation (the " Buyer "), and EMS TECHNOLOGIES, INC., a Georgia corporation (the " Seller ").

          A. Reference is made to the Asset Purchase Agreement dated as of October 31, 2006 (the " Purchase Agreement "), between the Seller and the Buyer. Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Purchase Agreement.

          B. The Seller and the Buyer wish to amend certain provisions of the Purchase Agreement.

          Accordingly, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto hereby agree as follows:

          SECTION 1. Amendment to Section 5.6(e) . Section 5.6(e) of the Purchase Agreement is hereby amended by deleting each reference to the phrase "November 30, 2006" and replacing it with the phrase "December 1, 2006".

          SECTION 2. Amendment to Section 5.18 . Section 5.18 of the Purchase Agreement is hereby amended by deleting the current text of Section 5.18 in its entirety and replacing it with the language set forth below:

     "SECTION 5.18. Product Authorizations . Within 30 days after the end of each calendar month beginning with the month in which the Closing occurs, the Seller shall pay to the Buyer an amount equal to the sum of (x) (a) $1,333, multiplied by (b) the number of days from and after the Closing in such calendar month that the Product Authorization for EkoCell II has not been obtained, (y) (a) $724, multiplied by (b) the number of days from and after the Closing in such calendar month that the Product Authorization for EkoLink Plus has not been obtained, and (z) (a) $2,943, multiplied by (b) the number of days from and after the Closing in such calendar month that the Product Authorization for MirrorCell II has not been obtained; provided , however , that the Seller shall have no obligation under clause (x), (y) or (z), as applicable, of this Section 5.18 if the Buyer determines not to manufacture, market, distribute or sell the product that is the subject of such Product Authorization for any reason other than the failure to obtain such Product Authorization; provided , further , that the obligation of the Seller under this Section 5.18 shall not exceed $900,000. The Buyer agrees to cooperate with the Seller in good faith and with reasonable promptness in the Seller’s efforts to obtain the Product Authorizations; provided that this sentence shall not (i) affect Seller’s obligations under Section 2.4(g) (Excluded Liabilities) with respect to the matters described on Schedule 3.7 ; (ii) require the Buyer or any of its Affiliates to incur any costs, expenses or other Losses unless the Seller reimburses the Buyer or such Affiliate for such costs, expenses or other Losses; or (iii) require the Buyer to take any action that would materially interfere with the normal operations of the Buyer (including the operations of the Business)."

 

 

 

          SECTION 3. Amendment to Section 7.3


 
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