Common use of Affiliate Interests Clause in Contracts

Affiliate Interests. (a) No payments other than compensation payments during calendar years 1994, 1995 and 1996 have been made by the Company to any officer, director or shareholder of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Questron Technology Inc)

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Affiliate Interests. (a) No payments other than compensation payments during calendar years 19941995, 1995 1996 and 1996 1997, or during 1998 to date, have been made by the Company to any officer, director or shareholder of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Questron Technology Inc)

Affiliate Interests. (a) No payments other than compensation payments or S Corporation distributions during calendar years 1994, 1995 and 1996 1996, or during 1997 to date, have been made by the Company to any officer, director or shareholder of the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Questron Technology Inc)

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Affiliate Interests. (a) No Except as set forth in Schedule 3.24, no payments other than compensation payments during calendar years 19941996, 1995 1997 and 1996 1998, have been made by the Company to Seller or any officer, officer or director or shareholder of the Company, other than reimbursement of business expenses in the ordinary course of business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Questron Technology Inc)

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