Common use of Obligations of Management Clause in Contracts

Obligations of Management. Each officer of the Company is currently providing full-time services to the conduct of the business of the Company. The Company has no knowledge that any officer of the Company is planning to work less than full time at the Company in the future. To the Company’s knowledge, no officer is currently working or plans to work for a competitive enterprise.

Appears in 2 contracts

Samples: Second Series D Convertible Preferred Stock Purchase Agreement (Cerulean Pharma Inc.), Purchase Agreement (Cerulean Pharma Inc.)

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Obligations of Management. Each officer of the Company is currently providing a full-time services employee of the Company and is currently devoting one hundred percent (100%) of his or her business time to the conduct of the business of the Company. The Company has no knowledge not received notice that any officer or key employee of the Company is planning to work less than full time at the Company in the future. To the Company’s knowledge, no officer is currently working or plans to work for a competitive enterprise.

Appears in 1 contract

Samples: Share Purchase Agreement (Power 3 Medical Products Inc)

Obligations of Management. Each officer of the Company and its Subsidiaries is currently providing full-devoting substantially all of his or her business time services to the conduct of the business of the Company. The To the Knowledge of the Company, the Company has no knowledge that is not aware of any officer or key employee of the Company is planning who presently intends to work less than full time at the Company in the future. To the Company’s knowledge, no officer is currently working or plans to work for a competitive enterprise.

Appears in 1 contract

Samples: Merger Agreement (Cytyc Corp)

Obligations of Management. Each officer of the Company is currently providing devoting his or her full-time services to the conduct of the business of the Company. The Company has no knowledge that is not aware of any officer or key employee of the Company is planning to work less than full full-time at the Company in the future. To the Company’s knowledge, no officer is currently working or plans to work for a competitive enterprise.

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (Xcyte Therapies Inc)

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Obligations of Management. Each officer of the Company is currently providing full-devoting his or her full business time services to the conduct of the business of the Company. The Company has no knowledge that any is not aware of an officer or key employee of the Company is planning to work less than full time at the Company in the future. To No officer or director of the Company is an officer, director or affiliate of any entity that competes with the Company’s knowledge, no officer is currently working or plans to work for a competitive enterprise.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Princeton Review Inc)

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

Appears in 1 contract

Samples: Stock Purchase Agreement (Mirna Therapeutics, Inc.)

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