Agreed Order Grantingresolving Motion of Zensar Technologies
Summary
This Exhibit B agreed order concerns the motion of Zensar Technologies for an order compelling assumption or rejection of executory contracts and allowing administrative expenses and compelling payment, in Case No. 24-11217 (BLS). It states the Motion is GRANTED as set forth in the order. It states Zensar shall have allowed administrative expenses of $359,244 for the period from the Petition Date through October 27, 2024, plus $67,649 for services from October 28, 2024 through November 14, 2024, for a total claim of $426,893. It also states the Debtors are authorized to enter into a transition services agreement with Zensar for certain information technology infrastructure support and cybersecurity operations.
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- Date
- 2024-11-08
Cite this document
“Agreed Order Grantingresolving Motion of Zensar Technologies.”
Dated 2024-11-08. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2024-11-08-agreed-order-grantingresolving-motion-of-zensar-technologies/
, SHA-256 af6fd5ee442bb5d1c9c011484856d534363aa60bad50cf4453da9654a9dc1d74.Full text
1 EXHIBIT B Case 24-11217-BLS Doc 716-2 Filed 11/08/24 Page 1 of 4 150958504 In re: VYAIRE MEDICAL, Inc., Debtor. Chapter 11 Case No. 24-11217 (BLS) Re: Docket No. ____699 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE AGREED ORDER GRANTINGRESOLVING MOTION OF ZENSAR TECHNOLOGIES INC. FOR ENTRY OF AN ORDER (I) COMPELLING ASSUMPTION OR REJECTION OF EXECUTORY CONTRACTS AND (II) ALLOWING ADMINISTRATIVE EXPENSES AND COMPELLING PAYMENT THEREOF Upon consideration of the motion of Zensar1 for an order compelling the Debtors to assume or reject the Zensar Executory Contracts, and for allowance and compelling payment of the Zensar Administrative Expenses and any responses thereto, after notice and opportunity for a hearing, it is hereby ORDERED as follows: 1. The Motion is GRANTED, as set forth herein. 2. The Debtor shall take appropriate action to assume orDebtors are hereby deemed to REJECT the Zensar Executory Contracts in connection with entry of an order confirming the Planas of November 14, 2024. If the Contract is rejected, Zensar is ALLOWED an administrative expense in the amount of $359,244. 3. If Zensar asserts a general unsecured claim against the Debtors arising from the rejection of the Zensar Executory Contracts, it must file a proof of claim on or before thirty (30) days after the entry of this Order. If no proof of claim is timely filed, Zensar shall be 1 Capitalized terms used but not otherwise defined herein shall have the meaning ascribed such terms in the Motion [Docket No. 699]. Case 24-11217-BLS Doc 716-2 Filed 11/08/24 Page 2 of 4 150958504 forever barred from asserting a general unsecured claim for damages arising from the rejection and from participating in any distributions on such a claim that may be made in connection with these chapter 11 cases. 4. Zensar shall have ALLOWED administrative expenses in the amount of $359,244 for the period from the Petition Date though October 27, 2024, plus $67,649 for services provided by Zensar to Vyaire during the period from October 28, 2024 through November 14, 2024 for a total claim of $426,893 (the “Allowed Administrative Expense Claim”). The Debtor is5. Unless previously satisfied, the Debtors are hereby ORDERED to pay anythe Allowed Administrative expenses owed to Zensar in connection with entry of an order confirmingExpense Claim in accordance with the terms of the Plan (as amended). 6. The Debtors are hereby AUTHORIZED to enter into a transition services agreement with Zensar for certain information technology infrastructure support and cybersecurity operations to be provided by Zensar to the Debtors’ estates for a period commencing on November 14, 2024.2 7. Court retains jurisdiction with respect to all matters arising from or related to the implementation, interpretation, and enforcement of this order. 2 Nothing herein should be construed as an obligation of the Debtors to seek court authority to enter into transition services or other postpetition agreements with vendors. Case 24-11217-BLS Doc 716-2 Filed 11/08/24 Page 3 of 4 0 Table Insert Changes: 0 Table Delete 0 Add Intelligent Table Comparison: Active Table moves to 21 0 Summary report: Litera Compare for Word 11.10.0.38 Document comparison done on 11/8/2024 6:16:56 PM Table moves from 0 Delete Embedded Graphics (Visio, ChemDraw, Images etc.) 8 0 Original filename: Vyaire - Originial Order to Motion to Compel Assumption or Rejection.docx Embedded Excel 0 Move From Format changes 0 0 Total Changes: Modified filename: Vyaire - Order Resolving Motion to Compel Assumption or Rejection.docx 29 Move To Style name: Default Style Case 24-11217-BLS Doc 716-2 Filed 11/08/24 Page 4 of 4
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- af6fd5ee442bb5d1c9c011484856d534363aa60bad50cf4453da9654a9dc1d74
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