HomeMy WebLinkAbout1970 upon payment thereof in full;
~ ~ (d) Make, execute or doliver any assign- ~
mont for tho benofit of croditors, or any bond, confossion ~
~ of judgment, chattel mortgaqe, deed; guaranty, indemnity
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. ~ _ or surety bbnd, security interest, or contract to sell any '
. . ~ . .
. ~ ~f the pronerty of the Partnership; ~ ~
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~ (e) Lea se or mortqage- any Partnership
~ real estate, or any interest therein, or become surety,
. quarantor or accommodation party to any obligation; or
~ Pledge, sell, hypothecate, donate, ~
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grant a security interest in or in any manner transfer his
interest in the Partnership or in any of the capital assets
or property of the Partnership; or enter into any Agreement
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which may result in any person becoming interested with •
~ him in the Partnership, except in accordance with this
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~ - _ .
~ _ Aqreement. ~
I . ~ ~ . .
~ ~ .
. ~ ~ -Article VI ' ~
~ ~ Salaries and DrawinQS ~
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1. HARRY REINHART shall receive, as General Manager, and for the
performance of the duties set forth in Article V, paragraph 1 of this Agreement, ~ i
the annual salary of Sixteen Thousand ($16_, 000.00) in convenient, periodic
installments throuqhout the year, which shall be payable not less frequently
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than monthly, which salary shall be deducted farom the net profits of the
~ u., o,.K~. Partnership, as an expense thereof; the salary of HARRY REINHART shall be
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