3/19/2023 0 Comments Contract revisions![]() Language I’m requesting be removed is struckthrough and language I’m requesting you add is in bold.” I’ve listed them in the order they appear in the contract. Start your edit document out by saying something to the effect of: That means if “Payment” comes before “Indemnification,” your requests for changes in the Payment paragraph come before your requests for changes in the Indemnification paragraph. When you are drafting your separate edit document, use those paragraph indicators to identify where you are requesting a change in the contract.Īlso, make sure your requests are presented in the same order they apear in the contract. The structure of a contract is such that each paragraph is usually numbered or titled or both. Or digging in your heals about getting an editable version) (If you are making a lot of edits, I recommend trying to copy and paste the text into a Word or Pages document and editing there with track changes turned on. Unless you are making a lot of edits it will probably be easiest to put all of your edits into one separate document. But even if you have a scan of a scan of a scan, editing isn’t an impossible feat. The benefit of having the document in a format that you can easily edit is that it’s, well, easier. Many times it won’t be a big deal, but sometimes you’ll get push back about their “policy” or not being “authorized.” Make it a practice to ask for an editable copy of any contract you’re sent. Mostly, though, they’re hoping you’ll just sign the contract as is and move on. It’s tracking down a Word document, not rocket-science-brain-surgery! Not later than the effe.I mean, come on! At one point in time an attorney had to heretofor all over that thing, so an electronic, editable copy of it exists somewhere in the universe. After appointment, the successor Rights Agent shall be vested with the same powers, rights, duties and responsibilities as if it had been originally named as Rights Agent without further act or deed but the predecessor Rights Agent shall deliver and transfer to the successor Rights Agent any property at the time held by it hereunder, and execute and deliver any further assurance, conveyance, act or deed necessary for the purpose. Any successor Rights Agent, whether appointed by the Company or by such a court, shall be a corporation or trust company organized and doing business under the laws of the United States, in good standing, which is authorized under such laws to exercise corporate trust or stock transfer powers and is subject to supervision or examination by federal or state authority and which has individually or combined with an affiliate at the time of its appointment as Rights Agent a combined capital and surplus of at least $100 million dollars. If the Company shall fail to make such appointment within a period of 30 days after giving notice of such removal or after it has been notified in writing of such resignation or incapacity by the resigning or incapacitated rights Agent or by the holder of a Right Certificate (who shall, with such notice, submit such holder's Right Certificate for inspection by the company), then the registered holder of any Right Certificate may apply to any court of competent jurisdiction for the appointment of a new Rights Agent. If the Rights Agent shall resign or be removed or shall otherwise become incapable of acting, the Company shall appoint a successor to the Rights Agent. ![]() The Company may remove the Rights Agent or any successor Rights Agent upon 30 days' notice in writing mailed to the Rights Agent or successor Rights Agent, as the case may be, and to each transfer agent of the Common Shares or Preferred Shares by registered or certified mail, and to the holders of the Right Certificates by first-class mail. The Rights Agent or any successor Rights Agent may resign and be discharged from its duties under this Agreement upon 30 days' notice in writing mailed to the Company and to each transfer agent of the Common Shares or Preferred shares by registered or certified mail and to the holders of the Right Certificates by first- class mail. Revision. The section in the Agreement entitled " Change of Rights Agent" is hereby deleted in its entirety and replaced with the following: CHANGE OF RIGHTS AGENT.
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