Common use of Obligations of Management Clause in Contracts

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 42 contracts

Samples: Securities Purchase Agreement (Opti-Harvest, Inc.), Securities Purchase Agreement (Opti-Harvest, Inc.), Debt Exchange Agreement (La Rosa Holdings Corp.)

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Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all a reasonable amount of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company Company’s management is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 37 contracts

Samples: Series a 1 Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Series a 1 Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Series a 1 Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s 's knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 12 contracts

Samples: Class C Non Incentive Unit Purchase Agreement (Align Technology Inc), Series B Convertible Preferred Stock Purchase Agreement (Limelight Networks, Inc.), Convertible Note Purchase Agreement (Advanced Optics Electronics Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any To the Company’s Knowledge, no officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledgeKnowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 7 contracts

Samples: Series F Preferred Stock Purchase Agreement (LendingClub Corp), Series E Preferred Stock Purchase Agreement (LendingClub Corp), Series D Preferred Stock Purchase Agreement (LendingClub Corp)

Obligations of Management. Each Except as disclosed in the Company’s SEC filings, each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 5 contracts

Samples: Revolving Credit Facility Loan and Security Agreement (C-Bond Systems, Inc), Loan Agreement (Westmountain Gold, Inc.), Loan Agreement (Westmountain Gold, Inc.)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business full-time to the conduct of the business of the Company. The Company is not aware that of any officer or key employee of or the Company is planning to work less than full full-time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 3 contracts

Samples: Series F Preferred Stock and Warrant Purchase Agreement (Xcyte Therapies Inc), Series E Preferred Stock and Warrant Purchase Agreement (Xcyte Therapies Inc), Purchase Agreement (Xcyte Therapies Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive competing enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 3 contracts

Samples: Series H Convertible Preferred Stock Purchase Agreement (Bioject Medical Technologies Inc), Series G Convertible Preferred Stock Purchase Agreement (Bioject Medical Technologies Inc), Series F Convertible Preferred Stock Purchase Agreement (Bioject Medical Technologies Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the futurefive year period following the Closing (or such longer period as may be set forth in a written employment agreement between the Company and any such officer or key employee). No officer or key employee is the currently working or, to the Company’s knowledge, plans to work for a an enterprise competitive enterprisewith the Company, whether or not such officer or of key employee is or will be compensated by such enterprise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Cyberdefender Corp), Securities Purchase Agreement (Cyberdefender Corp)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 2 contracts

Samples: Series B 1 Preference Shares and Warrant Purchase Agreement (Sagent Holding Co.), Series a Preference Shares Purchase Agreement (Sagent Holding Co.)

Obligations of Management. Each officer and key employee of the Company Group is currently devoting substantially all of his or her business time to the conduct of the business of the CompanyCompany Group. The Company is not aware that any officer or key employee of any member of the Company Group is planning to work devote less than full substantially all of his or her business time at to the conduct of the Company Group in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 2 contracts

Samples: Series B Preferred Stock Purchase Agreement, Series B Preferred Stock Purchase Agreement (Helix TCS, Inc.)

Obligations of Management. Each executive officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any executive officer or key employee of the Company is planning to work less than full time at the Company in the future. No executive officer or key employee is currently working or, to the Company’s knowledge, plans to work or consult for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 2 contracts

Samples: Subscription Agreement (Electric Aquagenics Unlimited Inc), Subscription Agreement (Electric Aquagenics Unlimited Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is the currently working or, to the Company’s knowledge, plans to work for a an enterprise competitive enterprisewith the Company, whether or not such officer or of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pure Earth, Inc.)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or officer, key employee or consultant is currently working or, to the Company’s 's knowledge, plans to work for a competitive enterprise, whether or not such officer or officer, key employee or consultant is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Navisite Inc)

Obligations of Management. Each Except for the Company's Treasurer, each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company and the Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is the currently working or, to the Company’s 's knowledge, plans to work for a competitive enterprise, whether or not such officer or of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cybra Corp)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all one hundred percent (100%) of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Series F Preferred Stock Purchase Agreement (XDx, Inc.)

Obligations of Management. Each To the Company’s Knowledge, each officer and key employee Employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee Employee of the Company is planning to work less than full time at the Company in the future. No To the Company’s Knowledge, no officer or key employee Employee is currently working or, to the Company’s knowledge, or plans to work for a competitive enterprise, whether or not such officer or key employee Employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Igi Inc)

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Obligations of Management. Each officer and key employee Key Employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee Key Employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee Key Employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee Key Employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Series C 2 Preferred Stock Purchase Agreement (Scynexis Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business substantial time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Westmountain Index Advisor Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is the currently working or, to the Company’s 's knowledge, plans to work for a competitive enterprise, whether or not such officer or of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ix Energy Holdings, Inc.)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work devote less than full substantially all of his or her business time at to the conduct of the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Note Purchase Agreement (Gemphire Therapeutics Inc.)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is the currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sweetskinz Holdings Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the knowledge of the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Perceptronics Inc)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business working full time to in the conduct of the business of the Company. The Company is not aware has no Knowledge that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No To the Company’s Knowledge, (a) no officer or key employee is currently working or, to the Company’s knowledge, or plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise, (b) is planning to leave the employ of the Company or (c) is working for the Company in violation of any contractual obligation to any other Person.

Appears in 1 contract

Samples: Merger Agreement (Tiger X Medical, Inc.)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is does not aware that know of any officer or key employee of the Company that is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s 's knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cambridge Holdings LTD)

Obligations of Management. Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Merger Agreement (Luna Innovations Inc)

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