Laserfiche WebLink
ARTICLE VI <br />TERMINATION OF AGREEMENT <br />This Agreement shall terminate after the end of the three-year grant period, or in no case <br />later than December 31, 2016 After such termination, this Agreement will be null and void, and <br />the parties to this Agreement will have no other obligations from one to the other thereafter, <br />except as specifically noted in this Agreement. <br />ARTICLE VII <br />ASSIGNMENTS <br />No party may sell or assign any interest in or obligation under this Agreement without the <br />prior written consent of all the parties, and such consent shall not be unreasonably withheld. <br />ARTICLE VIII <br />REPRESENTATIONS <br />The COMPANY represents as of the Agreement Date as follows: <br />(a) The COMPANY (i) is a corporation duly organized and validly existing <br />under the laws of its state of incorporation; (ii) is duly qualified to transact business and is in <br />good standing in North Carolina; (iii) is not in violation of any provision of its organizational <br />documents; (iv) has full corporate power to own its properties and conduct its business; (v) has <br />full power and authority to enter into this Agreement and to enter into and carry out the <br />transactions contemplated by this Agreement; (vi) by proper action has duly authorized the <br />execution and delivery of this Agreement; and (vii) is not in default under any provision of this <br />Agreement. <br />(b) The COMPANY's execution and delivery of this Agreement neither <br />conflict with, nor will result in, a breach or default under its organizational documents; nor, to <br />the best of its knowledge, will its execution and delivery conflict with, or result in, a breach or <br />default under the terms, conditions, or provisions of any statute, order, rule, regulation, <br />agreement, or instrument to which the COMPANY is a party or by which it is bound; nor will its <br />execution and delivery result in the imposition of any lien on its property. <br />(c) The COMPANY has duly authorized, executed, and delivered this <br />Agreement, and this Agreement constitutes its legal, valid, and binding obligations, enforceable <br />in accordance with its terms. <br />(d) There is no litigation or proceeding pending or, to its knowledge, <br />Page S of 14 S/IS/200Rttachment number 5 <br />Page 237 of 315 <br />G-1 <br />