This excerpt taken from the TISA 20-F filed Apr 8, 2008.
Conduct of Business
Parent agrees that during the period from Completion until 31 December 2007,
it shall exercise its powers to procure that:
TIS UK nor CPL nor any other company in which the respective businesses
of TIS UK and CPL may have been merged will transact any of the
business described below without the prior written approval of Roger
Stocker (such consent not to be unreasonably withheld):
making of any petition or passing of any resolution for winding-up, or the making of an
application for an Administration Order in respect of, CPL.
formation or acquisition of any subsidiary of CPL.
change of the accounting reference date of the relevant or a material change to its
accounting policies other than as recommended by the Parent auditors.
discharge Edward Stockers guarantee to Nat West Bank plc in relation to
the overdraft by no later than 25th May 2007.
Parent further agrees that if the Purchaser fails to pay any part of the Consideration
including the Retention when required to do so under this Agreement, the Parent will
make such payment on the Purchasers behalf within 30 days of written notification
by the Vendors that the Purchaser has failed to make such due payment.
How risky is your portfolio?
Remember that 401k from 2 jobs ago?
Taking on too much risk? Too little risk? Have no idea?
Skip the spreadsheet. Track your investments automatically.
We tally your portfolio fees so you don't have to.
You're probably paying higher fees than you think.
Translate your investment accounts from Martian to English.