Optionee Undertaking means the undertaking, executed by
no later than five (5) Business Days prior to the Closing Date, by and between the Company and each Optionhholder, in the forms attached hereto as Exhibit B.
Optionholder shall mean a holder of Company Options as of immediately prior to the Closing.
Order shall mean any executive order or decree, judgment, injunction, ruling or other order, whether
temporary, preliminary or permanent enacted, issued, promulgated, enforced or entered by any Governmental Entity.
Ordinary Course of Business shall mean the ordinary and usual course of the Company Business.
Paying Agent shall mean IBI Trust Management Ltd.
Paying Agent Agreement shall mean the Paying Agent Agreement, substantially in the form attached hereto as
Exhibit C, to be executed among the Paying Agent, Buyer and the Representative.
Per Company Share Closing
Cash Payment shall mean the aggregate amount of cash payable by Buyer per each share of Company Share, at the Closing, pursuant to the provisions of Section 2.1(b), as set forth in the Allocation Statement.
Permits shall mean all notifications, licenses, permits (including construction and operation permits),
franchises, certificates, approvals, exemptions, classifications, registrations and other similar documents and authorizations issued by any Governmental Entity, and applications therefor.
Permitted Liens shall mean means (a) statutory Liens for current Taxes, assessments or other
governmental charges not yet due and payable or being contested in good faith by appropriate proceedings, for which adequate reserves have been established in the Financials (b) Liens on Leased Real Property arising from the provisions of the
applicable leases (as made available to Buyer) which are not violated in any material respect by the current use or occupancy of such Leased Real Property or the operation of the business of the Company conducted thereon and (c) Liens set forth
on Schedule 1.1(h).
Person shall mean an individual or entity, including a partnership, a
limited liability company, a corporation, an association, a joint share company, a trust, a joint venture, an unincorporated organization, or a Governmental Entity (or any department, agency, or political subdivision thereof).
Personal Data shall mean information that identifies, relates to, describes, is reasonably capable of being
associated with, or could reasonably be linked, directly or indirectly, with a natural person or household (including a natural persons name, postal address, telephone number, e-mail address, photograph,
social security number, drivers license number, passport number, state identification card, other identification numbers, including online IDs or customer or account number, insurance policy number, education, employment and
professional-related records and history, bank account number, credit card number, debit card number, or any other financial information, medical information, or health insurance information, alias, location data, biometric information, signature,
audio, electronic, visual, thermal, olfactory, or similar information, records of personal property, products or services purchased, obtained, or considered, or other purchasing or consuming histories or tendencies, Internet or other electronic
network activity information, including browsing history, search history, and information regarding a natural persons interaction with an internet website, application, or advertisement, factors specific to the physical, physiological,
genetic, mental, economic, cultural or social identity of a natural person or any other piece of information that allows the identification of a natural person, and including inferences drawn from any of the above information to create a profile
about a natural person, reflecting
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