Common use of No Shareholder and Management Arrangements Clause in Contracts

No Shareholder and Management Arrangements. Except for this Agreement, or as expressly authorized by the Company Board, neither Parent or Merger Sub, nor any of their respective affiliates, is a party to any Contracts, or has made or entered into any formal or informal arrangements or other understandings (including as to continuing employment), with any shareholder, director or officer of the Company, in each case, relating to this Agreement, the Merger or any other Transactions, or the Surviving Company or any of its Subsidiaries, businesses or operations from and after the Effective Time.

No Shareholder and Management Arrangements. Except As of the date hereof, except for this Agreement, or as expressly authorized by the Company Board, neither Parent or Merger Sub, nor any of their respective officers, directors or affiliates, is a party to any ContractsContract, or has made or entered into any formal or informal arrangements arrangement or other understandings understanding (including as to continuing employment), with any shareholder, director or officer of the Company, in each case, Company relating to this Agreement, the Merger or any other Transactions, or the Surviving Company Corporation or any of its Subsidiariesaffiliates, businesses or operations from and after the Effective Time.