CompUSA 2015 Annual Report Download - page 119
Download and view the complete annual report
Please find page 119 of the 2015 CompUSA annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.“ExchangeAct”meanstheUnitedStatesSecuritiesExchangeActof1934,asamended.
“ExcludedBusiness”shallmeanallbusinessesofSystemax,SellersandtheirrespectiveAffiliatesotherthantheBusiness,includingwithoutlimitation,Sellers’
retailoperations,Sellers’ecommerce/onlinemarketplaceoperations(includingascarriedonviathirdpartysites),Sellers’TVshoppingnetworkoperations,any
businesscarriedonbyGlobalIndustrial Holdings LLC and/or its direct or indirect subsidiaries,any business carriedon by Systemax EuropeSARL and/or its
directorindirectsubsidiaries,and/oranybusinesscarriedonbyanyExcludedEntity.
“ExcludedEntities”shallmeanSYXDistributionInc.(asrelatedtoitsoperationoftheExcludedBusiness);SystemaxManufacturingInc.;TigerDirectRetail
Services Inc.; Systemax Puerto Rico Inc.; Streak Products Inc.; New SAH Corp.; Global Industrial Holdings LLC and/or its direct or indirect subsidiaries;
SystemaxEuropeSARL and/or its direct or indirect subsidiaries; MiscoGermany Inc.; Misco America Inc.; Rebate Holdings LLC and/orits direct or indirect
subsidiaries;and/orSystemaxGlobalSolutionsInc.
“Exercise All Rights” means to exercise or practice any and all rights nowor hereafter provided by Legal Requirement anywhere in the world to inventors,
authors,creatorsand/orownersofintellectualorintangibleproperty;includingtherightto make,use,disclose,sell,offertosell,distribute, import,rent,lease,
lend,reproduce,preparederivativeworksofandotherwisemodify,performanddisplay(whetherpubliclyorotherwise),broadcast,transmit,useand/orotherwise
exploit such intellectual or intangible property and/or any product, component or service embodying, related to or subject to such intellectual or intangible
property;andtherighttoassign,transfer,licenseand/orsublicense(withtherighttosublicensefurther)anyoftheforegoing,andtherighttohaveand/orauthorize
othersdoanyoftheforegoing.
“GAAP”meansUnitedStatesgenerallyacceptingaccountingprinciples,ineffectonthedateonwhichtheyaretobeappliedpursuanttothisAgreement,applied
consistentlythroughouttherelevantperiods.
“GovernmentalApproval”meansany:(a)permit,license,certificate,concession,approval,consent,ratification,permission,clearance,confirmation,exemption,
waiver, franchise, certification, designation, rating, registration, variance, qualification, accreditation or authorization issued, granted, given or otherwise made
availablebyorundertheauthorityofanyGovernmentalAuthorityorpursuanttoanyLegalRequirement;or(b)rightunderanyContractwithanyGovernmental
Authority.
“GovernmentalAuthority”meansany:(a)nation,principality,state,commonwealth,province,territory,county,municipality,districtorotherjurisdictionofany
nature;(b)federal,provincial,state,local,municipal,foreignorothergovernment;(c)governmentalorquasigovernmentalauthorityofanynature(includingany
governmental division, subdivision, department, agency, bureau, branch, office, commission, council, board, instrumentality, officer, official, representative,
organization,unit,bodyorEntityandanycourtorothertribunal);(d)multinationalorganizationorbody;or(e)individual,Entityorbodyexercising,orentitledto
exercise,anyexecutive,legislative,judicial,administrative,regulatory,police,militaryortaxingauthorityorpowerofanynature.
ExhibitA-Page3