Common use of Due Organization; Good Standing Clause in Contracts

Due Organization; Good Standing. No Subsidiaries 7 2.2 Certificate of Incorporation and Bylaws; Records 8 2.3 Capitalization; Title to Shares 8 2.4 Financial Statements 8 2.5 Absence of Changes 9 2.6 Title to Assets 10 2.7 Bank Accounts; Receivables 11 2.8 Equipment; Leasehold 11 2.9 Proprietary Assets 11 2.10 Contracts 13 2.11 Liabilities 15 2.12 Compliance with Legal Requirements 15 2.13 Governmental Authorizations 15 2.14 Tax Matters 15 2.15 Employee and Labor Matters; Benefit Plans 16 2.16 Environmental Matters 18 2.17 Insurance 2.18 Related Party Transactions 19 2.19 Legal Proceedings; Orders 19 2.20 Clients 2.21 Material Relationships 20 2.22 Sales Policies; Warranties 20

Due Organization; Good Standing. No Subsidiaries 7 2.2 Certificate of Incorporation and Bylaws; Records 8 2.3 Capitalization; Title to Shares 8 2.4 Financial Statements 8 2.5 Absence of Changes 9 2.6 Title to Assets 10 2.7 Bank Accounts; Receivables 11 2.8 Equipment; Leasehold 11 2.9 Proprietary Assets 11 2.10 Contracts 13 2.11 Liabilities 15 2.12 Compliance with Legal Requirements 15 2.13 Governmental Authorizations 15 2.14 Tax Matters 15 2.15 Employee and Labor Matters; Benefit Plans 16 2.16 Environmental Matters 18 2.17 Insurance 18 2.18 Related Party Transactions 19 2.19 Legal Proceedings; Orders 19 2.20 Clients 19 2.21 Material Relationships 20 2.22 Sales Policies; Warranties 20