11.12
PARTIES IN INTEREST.
ALL REPRESENTATIONS, COVENANTS AND
AGREEMENTS CONTAINED IN THIS AGREEMENT BY OR ON BEHALF OF ANY OF THE PARTIES
HERETO SHALL BIND AND INURE TO THE BENEFIT OF AND BE ENFORCEABLE BY THE
RESPECTIVE SUCCESSORS AND ASSIGNS OF THE PARTIES HERETO, WHETHER SO EXPRESSED OR
NOT, AND, IN PARTICULAR, SHALL INURE TO THE BENEFIT OF AND BE ENFORCEABLE BY THE
HOLDER OR HOLDERS AT THE TIME OF ANY OF THE PURCHASED SECURITIES.
SECTION 11.13
SEVERABILITY.
IF ANY PROVISION OF THIS AGREEMENT IS HELD INVALID
BY A COURT OF COMPETENT JURISDICTION, THE REMAINING PROVISIONS SHALL NONETHELESS
BE ENFORCEABLE ACCORDING TO THEIR TERMS.
FURTHER, IF ANY PROVISION IS HELD TO
BE OVERBROAD AS WRITTEN, SUCH PROVISION SHALL BE DEEMED AMENDED TO NARROW ITS
APPLICATION TO THE EXTENT NECESSARY TO MAKE THE PROVISION ENFORCEABLE ACCORDING
TO APPLICABLE LAW AND SHALL BE ENFORCED AS AMENDED.
[SIGNATURE PAGES FOLLOW]
38
IN WITNESS WHEREOF, the undersigned has executed this Agreement to be effective
as of the date first written above.
EBIX, INC.
a Delaware corporation
By:
Name:
Title:
39
IN WITNESS WHEREOF, the undersigned has executed this Agreement to be effective
as of the date first written above.
INVESTOR:
WHITEBOX VSC LTD.
By:
Name:
Title:
Address:
Suite 300
3033 Excelsior Boulevard
Minneapolis, MN 55415
40