Common use of Burdensome or Restrictive Agreements Clause in Contracts

Burdensome or Restrictive Agreements. Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is so burdensome as to materially affect or impair the operation of Company. Without limiting the generality of the foregoing, Company is not a party to nor is it bound by any agreement requiring Company to assign any interest in any trade secret or proprietary information, or prohibiting or restricting Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in the world.

Appears in 11 contracts

Samples: Stock Exchange Agreement (Innovative Software Technologies Inc), Share Purchase Agreement (Innovative Software Technologies Inc), Asset Purchase Agreement (It&e International Group)

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Burdensome or Restrictive Agreements. The Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is so burdensome as to materially affect or impair the operation of the Company. Without limiting the generality of the foregoing, the Company is not a party to nor is it bound by any agreement requiring the Company to assign any interest in any trade secret or proprietary information, or prohibiting or restricting the Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in the world.

Appears in 4 contracts

Samples: Merger Agreement (Medical Industries of America Inc), Merger Agreement (Medical Industries of America Inc), Stock Exchange Agreement (Medical Industries of America Inc)

Burdensome or Restrictive Agreements. Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is so burdensome as to materially affect or impair the operation of Company. Without 20 limiting the generality of the foregoing, Company is not a party to nor is it bound by any agreement requiring Company to assign any interest in any trade secret or proprietary information, or prohibiting or restricting Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in the world.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Abr Information Services Inc), Agreement and Plan of Reorganization (Abr Information Services Inc)

Burdensome or Restrictive Agreements. Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is so burdensome as to materially affect or impair the operation business operations of Company or which results in a material adverse affect to the Company. Without limiting the generality of the foregoing, Company is not a party to nor is it bound by any agreement requiring which requires the Company to assign any interest in any trade secret or proprietary information, nor is the Company party to any non-compete agreement or prohibiting or restricting Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in non- solicitation agreement which would serve to restrict the worldcurrent operations of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (California Software Corp)

Burdensome or Restrictive Agreements. Except as set forth on Schedule 4.14.(k), Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is so burdensome as to materially affect or impair the operation of Company. Without limiting the generality of the foregoing, Company is not a party to nor is it bound by any agreement requiring Company to assign any interest in any trade secret or proprietary information, or prohibiting or restricting Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in the world.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ladish Co Inc)

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Burdensome or Restrictive Agreements. Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is any of the Shareholders reasonably believes to be so burdensome as to materially affect or impair the operation of Company. Without limiting the generality of the foregoing, Company is not a party to nor is it bound by any agreement requiring Company to assign any interest in any trade secret or proprietary information, or prohibiting or restricting Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in the world.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bandag Inc)

Burdensome or Restrictive Agreements. Company is not a party to nor is it bound by any agreement, deed, lease or other instrument which is so burdensome as to materially affect or impair the operation of CompanyPurchased Assets. Without limiting the generality of the foregoing, Company is not a party to nor is it bound by any agreement requiring Company to assign any interest in any trade secret or proprietary information, or prohibiting or restricting Company from competing in any business or geographical area or soliciting customers or otherwise restricting it from carrying on its business anywhere in the world.

Appears in 1 contract

Samples: Website Purchase Agreement (NP Capital Corp)

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