Common use of Covenant to Refrain from Trading in Licensee Securities Clause in Contracts

Covenant to Refrain from Trading in Licensee Securities. The Licensor, its executive officers and directors represent and warrant that since August 1, 1999 they have not engaged in trading of Licensee securities and until such time that Licensee has announced the Closing of this Agreement, the Licensor, its executive officers and directors will not engage in trading of Licensee securities.

Appears in 4 contracts

Samples: Manufacturing, Licensing and Distribution Agreement (Innovative Medical Services), License Agreement (Innovative Medical Services), License Agreement (Innovative Medical Services)

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Covenant to Refrain from Trading in Licensee Securities. The LicensorLicensors, its executive officers and directors represent and warrant that since August 1, 1999 they have not engaged in trading of Licensee securities and until such time that Licensee has announced the Closing of this Agreement, the LicensorLicensors, its executive officers and directors will not engage in trading of Licensee securities.

Appears in 2 contracts

Samples: License Agreement (Nvid International Inc/De), License Agreement (Nvid International Inc/De)

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