Negative Covenants of Buver. Buyer agrees that from the date hereof to the --------------------------------- Closing Date, without the prior written consent of Sellers, Buyer shall not: (i) amend, modify, change or terminate any provision of its certificate of incorporation or bylaws, (ii) create or assume any claim, lien or encumbrances upon any of its business or assets, (iii) incur any debt, obligation or liability, (iv) make any loan or advance, (v) assume, guarantee or otherwise become liable for any debt, obligation or liability of any Person, (vi) commit for any capital expenditure, (vii) purchase, lease, sell, abandon or otherwise acquire or dispose of any business or assets, (viii) waive any right or cancel any debt or claim, (ix) assume or enter into any contract or agreement other than this Agreement (and any other agreement contemplated herein), (x) increase, or authorize an increase in, the compensation or benefits paid or provided to any of their directors, officers, employees, salesmen, agents or representatives, (xi) permit or cause a breach or default under any of its contracts, insurance policies, licenses or permits, (xii) adopt or enter into any new employee benefit plan or modify any existing employee benefit plan, (xiii) participate in any merger, consolidation or reorganization, (xiv) begin to engage in any new type of business, (xv) acquire the business or any bulk assets of any other Person, (xvi) completely or partially liquidate or dissolve, (xvii) terminate any part of their business, (xviii) issue or sell any Buyer Shares, redeem, retire or purchase any Buyer Shares, or create, grant or issue any options, warrants or other contracts or Contract Rights with respect to, any Buyer Shares, or any other capital stock or other securities of Buyer, or create, grant or issue any stock options, stock appreciation rights, phantom shares or other similar rights or (xviii) do anything else outside the ordinary course of their business consistent with its past practices, whether or not specifically described in any of the foregoing clauses.
