Conflict of Interest Transactions. No past or present shareholder, director, officer or employee of the Company or any of their affiliates (i) is indebted to, or has any financial, business or contractual relationship or arrangement with, the Company, other than as disclosed in Section 1.2(b) of this Agreement, or (ii) has any direct or indirect interest in any property, asset or right which is owned or used by the Company.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Incomnet Inc), Stock Purchase Agreement (Incomnet Inc), Stock Purchase Agreement (Incomnet Inc)
Conflict of Interest Transactions. No To the Company's knowledge, no past or present shareholder, director, officer or employee of the Company or any of their its affiliates (i) is indebted to, or has any undisclosed financial, business or contractual relationship or arrangement with, with the Company, other than as disclosed in Section 1.2(b) of this Agreement, or (ii) has any direct or indirect interest in any property, asset or right which is owned or used by the Company or pertains to the business of the Company.
Appears in 2 contracts
Samples: Plan of Reorganization and Stock Purchase Agreement (Glas-Aire Industries Group LTD), Plan of Reorganization and Stock Purchase Agreement (Environmental Service Professionals, Inc.)
