InvestorsHub Logo
icon url

kennypooh

12/24/18 11:34 AM

#60796 RE: Jabez Advisory #60793

"3.4 Exclusivity. If Buyer purchases at least five (5) Systems within eighteen months after the date on which the Initial System becomes Fully Operational, Buyer will have the exclusive right to own and operate Systems in the LRS Territories. Neither Seller nor any of its Affiliates (other than Buyer) will use, sell, lease or license any Systems in the LRS Territories, or otherwise permit any other Person to operate a System in the LRS Territories. Further, Seller may not, without giving thirty (30) days prior written notice to Buyer and obtaining Buyer's written consent, which may not be unreasonably withheld,"

By my count, LRS has until Feb 1 to order the 5 machines to keep their exclusivity?

GLTY