Investments in Competitors. Such Principal Shareholder does not own directly or indirectly any interests or any investment in any corporation, business or other person that is a Competitor of the Company or any Subsidiary, other than a passive investment consisting of an aggregate interest of up to 5% in any such Competitor which is a reporting company under the Securities Exchange Act of 1934, as amended.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Smith Jack T), Agreement and Plan of Merger (Ladin William E Jr), Agreement and Plan of Merger (Palmer J N Family Partnership)
Investments in Competitors. Such Except for the ownership of non-controlling interests in securities of corporations the shares of which are listed on generally recognized stock exchanges, the Principal Shareholder does not own directly or indirectly any interests interest or has any investment in any corporation, business or other person that is a Competitor of the Company or any Subsidiary, other than a passive investment consisting of an aggregate interest of up to 5% in any such Competitor which is a reporting company under competitor of the Securities Exchange Act of 1934Business Segment, as amendedor which otherwise directly does business with Seller in relation to the Business Segment.
Appears in 1 contract
Samples: Asset Purchase Agreement (Hyperfeed Technologies Inc)
