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Section 2. Horve recognizes and acknowledges that Owner is offering the Hotel <br /> for sale and agrees that if the Hotel is sold, Owner may terminate this Agreement at any <br /> time with thirty (30) days advance notice to Horve and with no further payment due to <br /> Horve and no penalty to the Owner. � <br /> Section 3. If the Owner sells the Hotel prior to the execution of this Agreement, <br /> Horve shall have no ri hts to an com ensation and to the extent r vi w iv <br /> g y p p o ded, a es an <br /> Y <br /> right to claim damages as a result. <br /> Section 4. Horve shall comply with all applicable state and federal plant closing or <br /> similar worker notification laws and regulations, including but not limited to the WARN <br /> Act and shall indemnify and hold the Owner harmless for any liability under such laws. <br /> Section 5. Upon termination of this Agreement, all amounts due shall become <br /> due and payable. Horve shall withhold a reasonable sum from the funds to be <br /> transferred to a successor owner or subsequent owner, necessary to make final <br /> settlement of accounts payable and ensure that said accounts are paid in full. <br /> Section 6. Upon termination of this Agreement, Horve shall produce to Owner, <br /> within forty-five (45) business days a final statement showing all profits and losses for <br /> the fiscal year through the date of termination. <br /> ARTICLE III <br /> PAYMENT <br /> Section 1. As compensation for the services rendered by Horve pursuant to the <br /> terms of this Agreement, Owner agrees that Horve shall be entitled to any and all <br /> monies generated by the Hotel after all expenses of the Hotel are paid. Said amount <br /> 5 <br />