Amended and Restated Termination of First Amended and Restated Shareholder's Agreement by Internal Fixation Systems, Inc. and Shareholders
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Summary
Internal Fixation Systems, Inc. and its shareholders, including Kenneth West, Matthew Endara, Christopher Endara, Dr. Jaime Carbonell, and Dr. Stephen Dresnick, have mutually agreed to fully terminate their previous First Amended and Restated Shareholder's Agreement. This document confirms that the agreement is ended in its entirety, with no remaining obligations or representations between the parties regarding the original agreement. Any changes to this termination must be made in writing and signed by all parties.
EX-10.14 6 fs1a3ex10xiv_internalfix.htm AMENDED AND RESTATED TERMINATION OF THE FIRST AMENDED & RESTATED SHAREHOLDER?S AGREEMENT fs1a3ex10xiv_internalfix.htm
Exhibit 10.14
AMENDED AND RESTA'T'ED
TERMINATION OF THE FIRST
AMENDED AND RESTATED
SHAREHOLDER'S AGREEMENT
WHEREAS, Internal Fixation Systems, Inc. (the "Company"), Kenneth West, Matthew Endara, Christopher Endara, Dr. Jaime Carbonell and Dr. Stephen Dresnick have previously entered into that certain First Amended and Restated Shareholder's Agreement, dated as of May 15, 2009 (the "Agreement");
WHEREAS, the parties to the Agreement have previously entered into that certain Termination of the First Amended and Restated Shareholders' Agreement, dated as of March 18, 2010; and
WHEREAS, the parties to the Agreement desire by mutual agreement to clarify that the Agreement is terminated in its entirety.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. The Agreement be, and hereby is, terminated in its entirety.
2. There are no agreements, warranties or representations relating to the Agreement which are not set forth therein or herein. This Amended and Restated Termination may not be modified or amended except by an instrument in writing duly signed by or on behalf of the parties hereto. This Amended and Restated Termination may be executed simultaneously in any number of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have duly executed this Amended and Restated Termination as of February 1, 2011.
| INTERNAL FIXATION SYSYTEMS, INC | ||
| By: | /s/ Stephen Dresnick | |
| Name: Dr. Stephen Dresnick | ||
| Title: President and Chief Executive Officer | ||
| /s/ Stephen Dresnick | ||
| Dr. Stephen Dresnick | ||
| /s/ Matthew Endara | ||
| Matthew Endara | ||
| /s/ Christopher Endara | ||
| Christopher Endara | ||
| /s/ Jaime Carbonell | ||
| Dr. Jaime Carbonell | ||
| /s/ Kenneth West | ||
| Kenneth West | ||
