Amendment to Section 3: Compensation and Audit Clause Samples

The "Amendment to Section 3: Compensation and Audit" clause modifies the original terms related to payment and the right to review financial records. Typically, this clause updates how compensation is calculated, paid, or adjusted, and may revise the procedures or scope for auditing relevant financial documents. Its core function is to ensure that both parties have a clear, updated understanding of payment obligations and audit rights, thereby reducing the risk of disputes over compensation or financial transparency.
Amendment to Section 3: Compensation and Audit the License Agreement is hereby amended by adding the following new paragraph E:

Related to Amendment to Section 3: Compensation and Audit

  • Amendment to Section 3 4. Section 3.4 of the Note is amended to read in its entirety as follows:

  • Amendment to Section 6 1. Section 6.1 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendment to Section 4 07. Section 4.07 of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 7 03 (Liens) of the Credit Agreement. Clause (c) of Section 7.03 of the Credit Agreement is hereby amended and restated as follows:

  • Amendment to Section 8 10. Section 8.10 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows: