Executives. Each Executive represents and warrants that as of the date of this Agreement (a) except as permitted by this Agreement or the Stock Purchase Agreement, the Executive's Shares are not subject to any Lien (as defined above); and (b) neither the execution and delivery of this Agreement nor the observance or performance of its terms by the Executive violates, or creates any Lien with respect to the Executive's Shares, pursuant to any statute, ordinance, regulation, order, judgment or decree applicable to the Executive or the Executive's Shares or any agreements to which the Executive or the Executive's Shares are bound.
Appears in 3 contracts
Samples: Share Ownership, Voting and Right of First Refusal Agreement (Steelcase Inc), Share Ownership, Voting and Right of First Refusal Agreement (Microfield Graphics Inc /Or), Shareholder Agreement (Reed Randall R)
Executives. Each Executive represents and warrants that as of the date of this Agreement (a) except as permitted by this Agreement, the Stock Purchase Agreement or the Second Stock Purchase Agreement, the Executive's Shares are not subject to any Lien (as defined above); and (b) neither the execution and delivery of this Agreement nor the observance or performance of its terms by the Executive violates, or creates any Lien with respect to the Executive's Shares, pursuant to any statute, ordinance, regulation, order, judgment or decree applicable to the Executive or the Executive's Shares or any agreements to which the Executive or the Executive's Shares are bound.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Microfield Graphics Inc /Or), Share Ownership, Voting and Right of First Refusal Agreement (Reed Randall R), Share Ownership, Voting and Right of First Refusal Agreement (Steelcase Inc)