Company: EHSI
Filing Date: 2025-09-29
Form Type: DEF 14A
Source: 0001437749-25-030001
Chunk: 61

Company: Elite Health Systems Inc.
Filing Date: 2025-09-29
Form: DEF 14A
Chunk 61
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. Section 2.03 EHSI Deliverables.At the Closing, EHSI shall deliver the following to the Shareholders: (a) Share certificates evidencing the New EHSI Shares, free and clear of all Encumbrances, or other appropriate evidence of the ownership of the New EHSI Shares. (b) A certificate of the Secretary (or other officer) of EHSI certifying: (i) that attached thereto are true and complete copies of all resolutions of the board of directors of EHSI authorizing the execution, delivery, and performance of this Agreement and the Transaction Documents to which it is a party and the consummation of the transactions contemplated hereby and thereby, and that such resolutions are in full force and effect; and (ii) the names, titles, and signatures of the officers of EHSI authorized to sign this Agreement and the other Transaction Documents to which it is a party. Section 2.04 Conditions to Closing.On or before the Closing, the Parties will resolve, as needed, certain current obligations on the balance sheet of the Company (the “ Current Obligation”), through the exchange of the Current Obligation into equity in the Company or the establishment of other arrangements satisfactory to the parties. If such obligation is to be exchanged for equity in the Company prior to the closing, Schedule 1.01, the identity of the Shareholders, will be adjusted to include the identity of the obligee of the Current Obligation, and the number of New EHSI Shares to be issued to the currently listed Shareholder will be reduced to accommodate this modification so that the total number of New EHSI Shares remains as indicated on Schedule 1.01. If such obligation is not satisfied prior to the Closing, it shall be satisfied after closing by re-allocating, at the direction of the holder of the Current Obligation, a portion of the New EHSI Shares issued to the Shareholders as provided in Schedule 1.01, with the New EHSI Shares to be retained by the listed Shareholders reduced pro rata. The Parties shall mutually agree on the number of EHSI Shares to be re-allocated to satisfy the Current Obligation. 6 Section 2.05 Post-Closing Matters.After the Closing, each of the Parties will execute and deliver such further documents and take such further actions as may be reasonably necessary to carry out the provisions and purposes of this Agreement. ARTICLE III
REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREH