Common use of No Undisclosed Relationship Clause in Contracts

No Undisclosed Relationship. Except for employment relationships and compensation, benefits and travel advances in the ordinary course of business or as disclosed in Section 5(q) of the Company Disclosure Letter, neither the Company nor any of its subsidiaries is a party to any agreement with, or involving the making of any payment or transfer of assets to any stockholder beneficially owning greater than 5% of the Company or any officer or director of the Company or any of its subsidiaries (each, an “Affiliate Agreement”).

Appears in 2 contracts

Samples: Restructuring Support Agreement (Pioneer Energy Services Corp), Backstop Commitment Agreement (Pioneer Energy Services Corp)

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No Undisclosed Relationship. Except for employment relationships and compensation, benefits and travel advances in the ordinary course of business or as disclosed in Section 5(q) of the Company Disclosure Letterbusiness, neither the Company nor any of its subsidiaries is a party to any agreement with, or involving the making of any payment or transfer of assets to to, any stockholder beneficially owning greater than 5% of the Company or any officer or director of the Company or any of its subsidiaries (each, an “Affiliate Agreement”).

Appears in 2 contracts

Samples: Backstop Commitment Agreement (California Resources Corp), Backstop Commitment Agreement (California Resources Corp)

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