Common use of Contracts and Other Commitments Clause in Contracts

Contracts and Other Commitments. The Company does not have any contract, agreement, lease, commitment, or proposed transaction, written or oral, absolute or contingent, other than contracts for the purchase of supplies and services that were entered into in the ordinary course of business and that do not involve more than $25,000 individually or $50,000 in the aggregate. For the purpose of this paragraph, employment and consulting contracts (including any severance arrangements), license agreements and any other agreements relating to the acquisition or disposition of the Company's technology (other than pursuant to the Company's standard form of Proprietary Information and Inventions Agreement (the "PROPRIETARY INFORMATION AGREEMENT")) shall not be considered to be contracts entered into in the ordinary course of business. The Company is not a party to or bound by any judgment, order, writ or decree restricting or affecting the development, manufacture or distribution of the Company's products or services or proposed products or services or limiting or restricting the Company's right to compete with any person in any respect.

Contracts and Other Commitments. The Company does not have any contract, agreement, lease, commitment, or proposed transaction, written or oral, absolute or contingent, other than contracts for the purchase of supplies and services that were entered into in the ordinary course of business and that do not involve more than $25,000 100,000 individually or $50,000 500,000 in the aggregate. For the purpose of this paragraph, employment and consulting contracts (including any severance arrangements), license agreements and any other agreements relating to the acquisition or disposition of the Company's technology (other than pursuant to the Company's standard form of Proprietary Information and Inventions Agreement (the "PROPRIETARY INFORMATION AGREEMENT")) shall not be considered to be contracts entered into in the ordinary course of business. The Company is not a party to or bound by any judgment, order, writ or decree restricting or affecting the development, manufacture or distribution of the Company's products or services or proposed products or services or limiting or restricting the Company's right to compete with any person in any respect.