Certain Agreements of Officers and Employees. (a) To the best of the Company's knowledge and belief, after due inquiry, no employee of the Company is, or is now expected to be, in violation of any term of any employment contract, patent disclosure agreement, non-competition agreement, or any other contract or agreement or any restrictive covenant relating to the right of any such employee to be employed by the Company because of the nature of the business conducted or to be conducted by the Company or as a result of the use of trade secrets or proprietary information of others, and to the best of the Company's knowledge and belief, the continued employment of the Company's employees does not subject the Company or the Purchasers to any liability with respect to the foregoing. (b) To the best of the knowledge of the officers of the Company, after due inquiry, no officer of the Company, nor any Key Employee of the Company whose termination, either individually or in the aggregate, would have a material adverse effect on the Company, has any present intention of terminating his employment with the Company. (c) The Company is not a party to any collective bargaining agreement and, to the best of its knowledge, after due inquiry, there have been no pending labor problems involving collective disputes or disturbances with any group of employees and there have been no attempts to organize its employees by any union or similar association.
Appears in 2 contracts
Samples: Series E Convertible Preferred Stock Purchase Agreement (Sitara Networks Inc), Series F Convertible Preferred Stock Purchase Agreement (Sitara Networks Inc)
Certain Agreements of Officers and Employees. (a) To the best of the Company's knowledge and belief, after due inquiry, no employee of the Company is, or is now expected to be, in violation of any material term of any employment contract, patent disclosure agreement, non-competition agreement, or any other contract or agreement or any restrictive covenant relating to the right of any such officer or employee to be employed by the Company because of the nature of the business conducted or to be conducted by the Company or as a result of relating to the use of trade secrets or proprietary information of others, and to the best of the Company's knowledge and belief, the continued employment of the Company's officers and employees does do not subject the Company or the Purchasers to any liability with respect to the foregoingarising from such agreements.
(b) To the best of the knowledge of the officers of the Company, after due inquiry's knowledge, no officer officers of the Company, nor any Key Employee Employees of the Company whose termination, either individually or in the aggregate, would have a material adverse effect on the Company, has any present intention of terminating his employment with the Company.
(c) The Company is not a party to any collective bargaining agreement and, to the best of its knowledge, after due inquiry, there have been no pending labor problems involving collective disputes or disturbances with any group of employees and and, to the knowledge of the Company, there have been no attempts to organize its employees by any union or similar association.
Appears in 2 contracts
Samples: Series D Convertible Preferred Stock Purchase Agreement (Net Genesis Corp), Series F Convertible Preferred Stock Purchase Agreement (Net Genesis Corp)
Certain Agreements of Officers and Employees. (a) To the best of the Company's knowledge and belief, after due inquiry, no employee of the Company is, or is now expected to be, in violation of any term of any employment contract, patent disclosure agreement, non-competition agreement, or any other contract or agreement or any restrictive covenant relating to the right of any such employee to be employed by the Company because of the nature of the business conducted or to be conducted by the Company or as a result of the use of trade secrets or proprietary information of others, and to the best of the Company's knowledge and belief, the continued employment of the Company's employees does not subject the Company or the Purchasers to any liability with respect to the foregoing.
(b) To the best of the knowledge of the officers of the Company, after due inquiry, no officer of the Company, nor any Key Employee of the Company whose termination, either individually or in the aggregate, would have a material adverse effect on the Company, has any present intention of terminating his employment with the Company.
(c) The Company is not a party to any collective bargaining agreement and, to the best of its knowledge, after due inquiry, there have been no pending labor problems involving collective disputes or disturbances with any group of employees and there have been no attempts to organize its employees by any union or similar association. The Company has complied in all material respects with all applicable state and federal equal employment opportunity and other laws related to employment.
Appears in 1 contract
Samples: Series G Convertible Preferred Stock Purchase Agreement (Sitara Networks Inc)