Common use of Approval of Transaction; No Conflict Clause in Contracts

Approval of Transaction; No Conflict. The execution and delivery of this Agreement by the Stockholder does not, and the performance of this Agreement by the Stockholder will not, require any consent, approval, authorization or other action by, or filing with or notification to, any person, entity, governmental authority or regulatory authority, other than the filing by the Stockholder of a Form 4 and a Schedule 13D with the Securities and Exchange Commission (the "SEC"). Furthermore, the execution, delivery and performance of this Agreement by the Stockholder does not and will not (x) conflict with or violate any agreement, law, rule, regulation, order, writ, judgment, injunction, decree, determination or award to which the Stockholder is a party or by which any of his assets are bound or (y) result in the creation or imposition of any Lien on the Stock.

Approval of Transaction; No Conflict. The execution and delivery of this Agreement by the Stockholder does not, and the performance of this Agreement by the Stockholder will not, require any consent, approval, authorization or other action by, or filing with or notification to, any person, entity, governmental authority or regulatory authority, other than the filing by the Stockholder of a Form 4 and a Schedule 13D with the Securities and Exchange Commission (the "“SEC"”). Furthermore, the execution, delivery and performance of this Agreement by the Stockholder does not and will not (x) conflict with or violate any agreement, law, rule, regulation, order, writ, judgment, injunction, decree, determination or award to which the Stockholder is a party or by which any of his assets are bound or (y) result in the creation or imposition of any Lien on the Stock.