Standstill and Interest Modification Agreement Sample Contracts
SMART ONLINE, INC. CREDITOR:Standstill and Interest Modification Agreement • September 30th, 2004 • Smart Online Inc • North Carolina
This Standstill Agreement is given to induce holders of Series A Preferred Stock of the Company to approve a reorganization of the capital structure of the Company which will eliminate the Series A Preferred Stock of the Company, it being agreed by Creditor that such reorganization would benefit Creditor who holds shares of Common Stock, and /or options to purchase Common Stock, of the company, by making the Company's Common Stock more valuable.
EXHIBIT 10.22 STANDSTILL AND INTEREST MODIFICATION AGREEMENT AGREEMENT dated as of December 22, 2004 between Smart Online , Inc., a Delaware corporation (the "Company") and Tom Furr ("Creditor"). WHEREAS, Creditor holds a Promissory Note from the...Standstill and Interest Modification Agreement • December 23rd, 2004 • Smart Online Inc • Services-prepackaged software • North Carolina
EXHIBIT 10.20 STANDSTILL AND INTEREST MODIFICATION AGREEMENT AGREEMENT dated as of December 22, 2004 between Smart Online , Inc., a Delaware corporation (the "Company") and Dennis Michael Nouri ("Creditor"). WHEREAS, Creditor holds a Promissory Note...Standstill and Interest Modification Agreement • December 23rd, 2004 • Smart Online Inc • Services-prepackaged software • North Carolina