Common use of Obligations of Management Clause in Contracts

Obligations of Management. Each officer and key employee of the Company and its Subsidiaries is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is aware that any officer or key employee of the Company or any Subsidiary is planning to work less than full time at the Company or any Subsidiary, as applicable, 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 of key employee is or will be compensated by such enterprise.

Appears in 10 contracts

Samples: Securities Purchase Agreement (Genspera Inc), Securities Purchase Agreement (NewCardio, Inc.), Securities Purchase Agreement (Juhl Wind, Inc)

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Obligations of Management. Each officer and key employee of the Company and its Subsidiaries is currently devoting substantially all of his or her business time to the conduct of business of the Company and or its Subsidiaries. Neither the The Company nor any of its Subsidiaries is not aware that any officer or key employee of the Company (or any Subsidiary Subsidiary) is planning to work less than full time at the Company (or any Subsidiary, as applicable, ) 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 of key employee is or will be compensated by such enterprise.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Lifelogger Technologies Corp), Securities Purchase Agreement (Lifelogger Technologies Corp), Securities Purchase Agreement (Lifelogger Technologies Corp)

Obligations of Management. Each officer and key employee Key Employee of the Company and its Subsidiaries is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is not aware that any officer or key employee Key Employee of the Company or any Subsidiary is planning to work less than full time at the Company or any Subsidiary, as applicable, in the future. No officer or key employee Key Employee is the currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer of key employee or Key Employee is or will be compensated by such enterprise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sonim Technologies Inc), Securities Purchase Agreement (Sonim Technologies Inc)

Obligations of Management. Each To the Company’s knowledge, each officer and key employee of the Company and its Subsidiaries is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is aware that any officer or key employee of the Company or any Subsidiary is planning to work less than full time at the Company or any Subsidiary, as applicable, 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 of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Genspera Inc)

Obligations of Management. Each officer and key employee of the Company and its Subsidiaries is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is aware that any officer or key employee of the Company or any Subsidiary is planning to work less than full time at the Company or any Subsidiary, as applicable, in the future. No officer or key employee is the currently working or, to the Knowledge of the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (China Green Material Technologies, Inc.)

Obligations of Management. Each officer and key employee of the Company and its Subsidiaries Subsidiary is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiariesthe Subsidiary. Neither the Company nor any of its Subsidiaries Subsidiary is aware that any officer or key employee of the Company or any the Subsidiary is planning to work less than full time at the Company or any the Subsidiary, as applicable, 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 of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Payment Technologies Inc)

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Obligations of Management. Each officer and key employee of the Company and its Subsidiaries each Subsidiary is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiariesor Subsidiary, as applicable. Neither the Company nor any of its Subsidiaries Subsidiary is aware that of any officer or key employee of the Company or any Subsidiary that is planning to work less than full time at the Company or any Subsidiary, as applicable, in the future. No officer or key employee is the currently working or, to the Company’s or Subsidiary’s knowledge, plans to work for a competitive enterprise, whether or not such officer of key employee is or will be compensated by such enterprise. Key employees include, but are not limited to, the Primary Key Employees.

Appears in 1 contract

Samples: Securities Purchase Agreement (Center for Wound Healing, Inc.)

Obligations of Management. Each officer and key employee of the Company and its the Subsidiaries is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiariesand/or any Subsidiary. Neither the Company nor any of its Subsidiaries Subsidiary is aware that any officer or key employee of the Company or any Subsidiary is planning to work less than full time at the Company or any Subsidiary, as applicable, in the future. No officer or key employee is the currently working or, to the Company’s or Paneltech Products’ knowledge, plans to work for a competitive enterprise, whether or not such officer of or key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Paneltech International Holdings, Inc.)

Obligations of Management. Each officer and key employee of the Company and its Subsidiaries is currently devoting substantially all of his or her business time to the conduct of business of the Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is aware that any officer or key employee of the Company or any Subsidiary is planning to work less than full time at the Company or any Subsidiary, as applicable, in the future. No officer or key employee is the currently working or, to the knowledge of the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer of key employee is or will be compensated by such enterprise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nutrastar International Inc.)

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