Investments in Competitors. No director or executive officer of the Company or any Subsidiary owns directly or indirectly any material interest or has any investment equal to 5% or more of the outstanding voting securities in any corporation, business or other person that is a direct competitor of the Company or any Subsidiary.
Appears in 2 contracts
Samples: Stock Purchase Agreement (General Roofing Services Inc), Stock Purchase Agreement (General Roofing Services Inc)
Investments in Competitors. No Except for the ownership of less than 1% of the equity of a publicly-traded company, no officer, director or executive officer member of management of any of the Company or any Subsidiary Companies owns directly or indirectly any material interest interests or has any investment equal to 5% or more of the outstanding voting securities in any corporation, business or other person that is a direct competitor of any of the Company or any SubsidiaryCompanies.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Zaring National Corp), Securityholders Agreement (American Homestar Corp)
