Common use of Certain Transactions and Agreements Clause in Contracts

Certain Transactions and Agreements. To the Knowledge of the Company ----------------------------------- and the Shareholders, none of the directors or shareholders of the Company, nor any member of their immediate families, has any direct or indirect ownership interest in any firm or corporation that competes with the Company (except with respect to any interest in less than one percent of the stock of any corporation whose stock is publicly traded). None of said officers directors, shareholders or employees, nor any member of their immediate families, is directly or indirectly interested in any contract or informal arrangement with the Company, except for normal compensation for services as an officer, director or shareholder thereof. None of said officers, directors, shareholders or employees nor any member of their immediate families has any interest in any property, real or personal, tangible or intangible, including any Intellectual Property Rights, used in or pertaining to the business of the Company, except for the normal rights of a shareholder of the Company.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Dovebid Inc), Stock Purchase Agreement (Dovebid Inc), Stock Purchase Agreement (Dovebid Inc)

AutoNDA by SimpleDocs

Certain Transactions and Agreements. To the Knowledge of the Company Signing ----------------------------------- Companies and the Shareholders, (a) none of the directors officers, directors, shareholders or shareholders employees of the any Company, nor any member of their immediate families, has any direct or indirect ownership interest in any firm or corporation that competes with the any Company (except with respect to any interest in less than one percent of the stock of any corporation whose stock is publicly traded). None ; (b) none of said officers officers, directors, shareholders or employees, nor any member of their immediate families, is directly or indirectly interested in any contract or informal arrangement with the any Company, except for normal compensation for services as an officer, director director, shareholder or shareholder employee thereof. None ; and (c) none of said officers, directors, shareholders or employees employees, nor any member of their immediate families families, has any interest in any property, real or personal, tangible or intangible, including any Intellectual Property Rights, used in or pertaining to the business of the any Company, except for the normal rights of a shareholder of the any Company.

Appears in 2 contracts

Samples: Share Purchase Agreement (Dovebid Inc), Share Purchase Agreement (Dovebid Inc)

AutoNDA by SimpleDocs

Certain Transactions and Agreements. To the Knowledge None of the Company officers, directors, ----------------------------------- and the Shareholders, none of the directors shareholders or shareholders employees of the Company, nor any member of their immediate familiesspouses or children, has any direct or indirect ownership interest in any firm or corporation that competes with the Company (except with respect to any interest in less than one percent of the stock of any corporation whose stock is publicly traded). None of said officers officers, directors, shareholders or employees, nor any member of their immediate familiesspouses or children, is directly or indirectly interested in any contract or informal arrangement with the Company, except for normal compensation for services as an officer, director director, shareholder or shareholder employee thereof. None of said officers, directors, shareholders or employees employees, nor any member of their immediate families spouses or children, has any interest in any property, real or personal, tangible or intangible, including any Intellectual Property Rights, used in or pertaining to the business of the Company, except for the normal rights of a shareholder of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Dovebid Inc), Stock Purchase Agreement (Dovebid Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!