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Message: Hi Sedley! (Ref 10K)

Aug 07, 2007 04:07PM

Aug 07, 2007 04:26PM

Thanks Sedley,

This is referring back to the requirement that TPL be furnished PTSC  10K, 5 days in advance according to their agreement(Reference Gabbyco's message on TPL/PTSC agreement, a few messages earlier). They must see our submissions in advance of the SEC seeing them (evidently part of the deal). Please see below: (please see highlighted area and thanks for your interest, it gave me another chance to review)

 7.6 Public Announcements. From the date hereof until the earlier of the
Termination Date or the termination of the Commercialization Agreement, TPL and
Patriot agree to consult with each other before (a) issuing any press release,
(b) making any public statement with respect to this Agreement or the
transactions contemplated hereby (including, without limitation, with respect to
the consideration to be paid pursuant to this Agreement or any license agreement pursuant to the Commercialization Agreement), or (c) making any SEC filing, and, except as may be required by Applicable Law, will not issue any such press release or public statement without the prior consent of the other party hereto. In the event a party determines that a public statement is required byApplicable Law, prior to making such statement or filing it shall provide to the other party a copy of such proposed statement or filing at least two Business Days prior to making such statement or filing and shall make such changes as maybe reasonably requested by the other party. With respect to any SEC filing pursuant to Patriot's obligations under the Exchange Act or otherwise, Patriot shall give TPL at least five Business Days advance notice of such filing (except to the extent compliance with applicable law shall require a shorter period of advance notice), and shall provide TPL a copy of the proposed filing for TPL's review and comment, including all exhibits thereto, for purposes of determiningwhether to make a confidential treatment request with respect to any exhibit related to the transactions contemplated by this Agreement. Patriot agrees to make all requests for confidential treatment reasonably requested by TPL and consult with TPL regarding the requirement to make such a filing.Notwithstanding the foregoing, the parties may, on a confidential basis, advise and release information regarding the existence and content of this Agreement or the transactions contemplated hereby to their Representatives in connection with or related to the transactions contemplated by this Agreement.

I did just notice that it is business days that means it is due there on August 9, 2007.Mr. Sweeney you have only 2 days to getit to them. Good luck or maybe they'll give you a break?

 

Regards, Oscar

 


Aug 07, 2007 08:35PM

Aug 08, 2007 05:22AM
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