Nautilus 2006 Annual Report Download - page 140
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“Customer Complaint” has the meaning given such term in Article 10.7.
“Deloitte” has the meaning given such term in Article 2.4(a).
“Disposed Assets” has the meaning given such term in Article 2.4 (c).
“Employee Plans” shall mean all welfare and benefit plans maintained by Seller for the benefit of the staff and workers of Seller,
including, without limitation, all bonus, retirement, pension, health and medical, life insurance, disability and accident insurance,
vacation and/or annual leave, sick-leave and housing plans.
“Excluded Assets” shall mean all assets of Seller not used in or relating to the Business and all cash and accounts receivable relating
to the Business.
“Escrow Agent” has the meaning given such term in the Escrow Agreement.
“Escrow Agreement” has the meaning given such term in the Preliminary Statements hereof.
“Escrow Property” has the meaning given such term in the Escrow Agreement.
“Facilities” means the land and buildings and any leasehold interests in land or buildings currently owned or operated by Seller and
any machinery or other equipment used or operated by Seller at the respective locations of the land and buildings specified in Articles
3.5.1, 3.5.2 and 3.5.3.
“Final Inventory Value” has the meaning given such term in Article 2.4 (b).
“Government Authority” shall mean the government of the PRC, any subdivision thereof and any provincial or local government
authority having jurisdiction over Seller, the Business or any Assets.
“Improvements” means all buildings, structures, fixtures, and other infrastructure located on the land described in Article 3.5.1.
“Indemnity Cut-Off Date” has the meaning given such term in Article 8.2 hereof.
“Intellectual Property” shall mean trademarks, service marks, brand names, certification marks, trade dress, trade names and other
indications of origin, the goodwill associated with the foregoing and registrations in any jurisdiction of, and applications in any
jurisdiction to register, the foregoing, including any extension, modification or renewal of any such registration or application;
inventions, discoveries and ideas, whether patentable or not in any jurisdiction; patents, applications for patents (including, without
limitation, divisions, continuations, continuations in-part and renewal applications), and any renewals, extensions or reissues thereof,
in any jurisdiction; non-public information, trade secrets and
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