DLLR » Topics » 9.2 Maintenance of Books and Records .

This excerpt taken from the DLLR 8-K filed Feb 4, 2005.

9.2           Maintenance of Books and Records.

 

(a)           For a period of three (3) years after the Closing Date, the Buyer will maintain all Books and Records comprising a part of the Purchased Assets and which were maintained by Sellers on or before the Closing Date and, subject to the execution of an agreement regarding the confidentiality and use thereof in form and substance reasonably acceptable to the Buyer, make copies thereof reasonably available to Sellers and Members and their respective representatives and agents and will also permit the foregoing persons access during normal business hours, all at Sellers’ and Members’ sole cost and expense, to all such Books and Records, upon reasonable prior written notice to the Buyer, and on terms not disruptive to the business, operation or employees of the Buyer to assist Sellers and Members, as applicable, in completing any Tax or regulatory filings or financial statements required or

 

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appropriate to be made by Sellers or Members after the Closing Date with respect to periods before the Closing Date.

 

(b)           For a period of three (3) years after the Closing Date, Sellers will, and Members will and will cause Sellers to, retain in all Books and Records possessed or controlled or to be possessed or controlled by any of Sellers and Members that relate to the Businesses before the Closing Date.  The Sellers will, and Members will and will cause Sellers to, permit the Buyer or its representatives and agents access, at the Buyer’s sole cost and expense, to all of such Books and Records upon reasonable prior written notice for any reasonable business purpose, and on terms not disruptive to the business, operation or employees of Sellers.

 

9.3           Use of Names.  From and after the Closing Date, each Seller and Member will cease to use the names “American Check Cashers”, “Check Cashing Center of Louisiana”, and “cash.com” (collectively, the “Names”), and will take such actions as the Buyer reasonably requests to permit the Buyer to use the Names.  Within fifteen (15) days after the Closing Date, each Seller shall change its legal name so as to remove all references to any Name and each Member shall cause all other businesses owned by it to cease using any of the Names and change the legal name of all entities owned by such Member.

 

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