Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than: (i) for payment of salary for services rendered and for bonus payments; (ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf; (iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and (iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 15 contracts
Samples: Security and Purchase Agreement (Stockeryale Inc), Security and Purchase Agreement (Naturade Inc), Security Agreement (American Technologies Group Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 11 contracts
Samples: Note Purchase Agreement (Biovest International Inc), Note Purchase Agreement (Biovest International Inc), Note and Warrant Purchase Agreement (Biovest International Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 10 contracts
Samples: Security Agreement (Deja Foods Inc), Security Agreement (Farmstead Telephone Group Inc), Security Agreement (General Environmental Management, Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Company or any of its Subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its behalf of Company or any of its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its Subsidiary’s Company's financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its the officers, directors or, to the best of its Company's knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries or any members of their immediate families, are indebted to it Company or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries is affiliated or with which it Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g), neither it Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 4 contracts
Samples: Security Agreement (Conversion Services International Inc), Security Agreement (Comc Inc), Security Agreement (Conversion Services International Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)-------------------------------- 4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director, stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or entity.
Appears in 3 contracts
Samples: Securities Purchase Agreement (New Century Energy Corp.), Securities Purchase Agreement (New Century Energy Corp.), Securities Purchase Agreement (New Century Energy Corp.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7 or in the Securities Filings, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or of any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Securities Filings. Except as described above above, in the Securities Filings or set forth on Schedule 12(g), 4.6 or 4.7: (i) none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above; (ii) no officer, none director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), person; and (iii) neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity other than pursuant to any of the Permitted Guarantees.
Appears in 2 contracts
Samples: Securities Purchase Agreement (TRUEYOU.COM), Securities Purchase Agreement (TRUEYOU.COM)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Eligible Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Eligible Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Eligible Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Eligible Subsidiaries or any members of their immediate families, are indebted to it or any of its Eligible Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Eligible Subsidiaries is affiliated or with which it or any of its Eligible Subsidiaries has a business relationship, or any Person which competes with it or any of its Eligible Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Eligible Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Eligible Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Eligible Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Eligible Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 2 contracts
Samples: Security Agreement (Digital Angel Corp), Security Agreement (Applied Digital Solutions Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered one percent (1%) over riding royalty payments due to the president of the Company and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Petrol Oil & Gas Inc), Securities Purchase Agreement (Petrol Oil & Gas Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Iwt Tesoro Corp), Securities Purchase Agreement (Iwt Tesoro Corp)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's SEC Reports or Exchange Act Filings. Except as described above above, or set forth on Schedule 12(g)) or in any of the Parent's SEC Reports or Exchange Act Filings, none of its any Company's officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, (x) such Company in excess of $50,000 100,000 in the aggregate or (y) any Non-US Subsidiary in excess of $100,000 for each such Non-US Subsidiary, or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its SubsidiariesSubsidiaries , other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiariesit. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), the SEC Reports or the Exchange Act Filings, neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 2 contracts
Samples: Security Agreement (Pacific Cma Inc), Security Agreement (Pacific Cma Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than, in the case of the Company and those Subsidiaries that are not Inactive Subsidiaries:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or its behalf of the Company and such Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each such Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its such Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its such Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its such Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its such Subsidiaries is affiliated or with which it the Company or any of its such Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its such Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its such Subsidiaries. Except as described above, none no officer, director or stockholder of its officers, directors the Company or stockholdersany such Subsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its such Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its such Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its such Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions agreements are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (RPM Technologies Inc), Securities Purchase Agreement (RPM Technologies Inc)
Obligations to Related Parties. Except as described in the Company's SEC filings or set forth on Schedule 12(g)12.7, neither it the Company nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(ivd) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above in the Company's SEC filings or set forth on Schedule 12(g)12.7, none of its the Company's officers, directors or, to the best of its knowledge, key employees or 10% or greater stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 US$60,000 or have any direct or indirect ownership interest in any Person with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiariesthe Company). Except as described abovein the Company's SEC filings or set forth on Schedule 12.7, none of its officers, directors or 10% or greater stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Person. Except as described in the Company's SEC filings or set forth on Schedule 12(g)12.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 2 contracts
Samples: Security and Purchase Agreement (On the Go Healthcare Inc), Security and Purchase Agreement (On the Go Healthcare Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(ivd) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 2 contracts
Samples: Security Agreement (RG America, Inc.), Security Agreement (RG America, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered rendered, one percent (1%) over riding royalty payments due to the president of the Company and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Petrol Oil & Gas Inc), Securities Purchase Agreement (Petrol Oil & Gas Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and the Board of Directors of the Company or any of its Subsidiaries’ Board of Directors, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s Subsidiaries financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it or any Each of the Company and its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it nor any Each of the Company and its Subsidiaries is not a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Implant Sciences Corp), Securities Purchase Agreement (Implant Sciences Corp)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its or any of its Subsidiaries’ officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 2 contracts
Samples: Security Agreement (Accentia Biopharmaceuticals Inc), Security Agreement (Accentia Biopharmaceuticals Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ams Health Sciences Inc), Securities Purchase Agreement (Fortune Diversified Industries Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, 5% or greater stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) customary fees earned for serving on the board of directors and committees of the board of directors;
(c) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiid) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each such Subsidiary of the Company, as applicable); and
(ive) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, 5% or greater stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or 5% or greater stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Biodelivery Sciences International Inc), Securities Purchase Agreement (Biodelivery Sciences International Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option or stock purchase plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees knowledge or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 2 contracts
Samples: Security Agreement (Spacedev Inc), Security Agreement (Spacedev Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Company or any of its Subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its behalf of the Company or any of its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of the Company); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements the Company's Financial Statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its Company's knowledge, none of the officers, directors, key employees or stockholdersstockholders of Company, any of its Subsidiaries or any members of their immediate families, are indebted to it Company or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries is affiliated or with which it Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g), neither it Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 2 contracts
Samples: Loan Agreement (Creative Vistas Inc), Loan Agreement (Creative Vistas Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Company or any of its Subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its behalf of Company or any of its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its Subsidiary’s Company's financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its the officers, directors or, to the best of its Company's and each Eligible Subsidiary's knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries or any members of their immediate families, are indebted to it Company or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries is affiliated or with which it Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g), neither it Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 2 contracts
Samples: Security Agreement (Return on Investment Corp), Security Agreement (Hesperia Holding Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)-------------------------------- 4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Texhoma Energy Inc), Securities Purchase Agreement (New Century Energy Corp.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director, stockholder or employee of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (New Century Energy Corp.), Securities Purchase Agreement (New Century Energy Corp.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 60,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Security Agreement 15 Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security and Purchase Agreement (Jagged Peak, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)5.7, neither it nor any there are no obligations of its Subsidiaries has any obligations the Borrower to their respective officers, directors, stockholders or employees of the Borrower other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalfbehalf of the Borrower;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of the Borrower); and
(iva) obligations listed in its and each of its Subsidiarythe Borrower’s financial statements or disclosed in any of the ParentParent Company’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)5.7, none of its the officers, directors or, to the best of its the Borrower’s knowledge, key employees or stockholders, any stockholders of its Subsidiaries the Borrower or any members of their immediate families, are indebted to it or any of its Subsidiaries, the Borrower individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it or any of its Subsidiaries the Borrower is affiliated or with which it or any of its Subsidiaries the Borrower has a business relationship, or any Person firm or corporation which competes with it or any of its Subsidiariesthe Borrower, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiariesthe Borrower. Except as described above, none no officer, director or stockholder of its officers, directors or stockholdersthe Borrower, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries the Borrower and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries the Borrower and any such Personperson. Except as set forth on Schedule 12(g)5.7, neither it nor any of its Subsidiaries Borrower is not a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Loan Agreement (Cci Group Inc)
Obligations to Related Parties. Except as set forth on Schedule SCHEDULE 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule SCHEDULE 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule SCHEDULE 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders who own greater than or equal to 5% of the issued and outstanding common stock of the Company or any of its Subsidiaries or key employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholdersstockholders who own greater than or equal to 5% of the issued and outstanding common stock of the Company or any of its Subsidiaries, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholdersstockholders who own greater than or equal to 5% of the issued and outstanding common stock of the Company or any of its Subsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (House of Brussels Chocolates Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders who own greater than or equal to 5% of the issued and outstanding common stock of the Company or any of its Subsidiaries or key employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each such Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders who own greater than or equal to 5% of the issued and outstanding common stock of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder who own greater than or equal to 5% of the issued and outstanding common stock of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (House of Brussels Chocolates Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option or stock award agreements outstanding outstanding, in each case, under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors (with respect to clause (1) below) or, to the best of its knowledge, directors (with respect to clause (2) below), key employees or stockholders, any of its Subsidiaries or any members of their immediate families, (1) are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or (2) have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $US$50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (Thinkpath Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the ParentEFTI’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than (x) passive investments by the Permitted Holders in publicly traded companies and (y) passive investments by any other person in publicly traded companies (representing less than one percent (1%) of such company) which may may, in each case, compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (Integrated Security Systems Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 150,000 or have any direct or indirect ownership interest in any Person 14 with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personhas incurred Guaranteed Indebtedness.
Appears in 1 contract
Samples: Security and Purchase Agreement (Proxymed Inc /Ft Lauderdale/)
Obligations to Related Parties. Except as set forth on Schedule 12(gSCHEDULE 12(G), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(gSCHEDULE 12(G), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $US$50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(gSCHEDULE 12(G), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (Thinkpath Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company, Cancable Parent, or any of its Subsidiaries has any obligations to their respective Subsidiaries to officers, directors, stockholders or employees of the Company, Cancable Parent, or any of their respective Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or its behalf of the Company, Cancable Parent, and their respective Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company, Cancable Parent, and each of their Subsidiary, as applicable); and
(ivd) obligations listed in its the Company’s, Cancable Parent’s, and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingstheir respective Subsidiaries’ Financial Statements. Except as described above or set forth on Schedule 12(g), none of its officers, directors or4.7, to the best of its the Company’s and Cancable Parent’s knowledge, none of the officers, directors, key employees or stockholdersstockholders of the Company, Cancable Parent, or any of its their respective Subsidiaries or any members of their immediate families, are indebted to it the Company, Cancable Parent, or any of its their respective Subsidiaries, individually or in the aggregate, in excess of $50,000 USD50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company, Cancable Parent, or any of its their respective Subsidiaries is affiliated or with which it the Company, Cancable Parent, or any of its their respective Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company, Cancable Parent, or any of its their respective Subsidiaries, other than passive investments in publicly traded companies (representing less than one two percent (12%) of such company) which may compete with it the Company, Cancable Parent, or any of its their respective Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company, Cancable Parent, or any of its their respective Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company, Cancable Parent, or any of its their respective Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company, Cancable Parent, nor any of its their respective Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Samples: Securities Purchase Agreement (Creative Vistas Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g12(j), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g12(j), none of its executive officers, directors or, to the best of its knowledge, key employees or stockholdersemployees, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated (other than Parent and its Subsidiaries) or with which it or any of its Subsidiaries has a material business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, as disclosed in the Parent’s Exchange Act Filings or as set forth in Schedule 12(j), none of its officers, directors executive officers or stockholdersdirectors, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no material agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g12(j), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness Indebtedness of any other PersonPerson (other than Parent and its Subsidiaries).
Appears in 1 contract
Samples: Security Agreement (Kitty Hawk Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(gSCHEDULE 12(G), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule SCHEDULE 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule SCHEDULE 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company, Iview, Iview Parent, or any of its Subsidiaries has any obligations to their respective Subsidiaries to officers, directors, stockholders or employees of the Company, Iview, Iview Parent, or any of their respective Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or its behalf of the Company, Iview, Iview Parent, and their respective Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company, Iview, Iview Parent, and each of their Subsidiaries, as applicable); and
(ivd) obligations listed in its the Company’s, Iview’s, Iview Parent’s, and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingstheir respective Subsidiaries Financial Statements. Except as described above or set forth on Schedule 12(g), none of its officers, directors or4.7, to the best of its the Company’s, Iview’s and Iview Parent’s knowledge, none of the officers, directors, key employees or stockholdersstockholders of the Company, Iview, Iview Parent, or any of its their respective Subsidiaries or any members of their immediate families, are indebted to it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries, individually or in the aggregate, in excess of $50,000 USD$50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries is affiliated or with which it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries, other than passive investments in publicly traded companies (representing less than one two percent (12%) of such company) which may compete with it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company, Iview, Iview Parent, or any of its their respective Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company, Iview, Iview Parent, nor any of its their respective Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Samples: Securities Purchase Agreement (Creative Vistas Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7 or in the Securities Filings, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or of any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Exchange Act Company's Securities Filings. Except as described above above, in the Securities Filings or set forth on Schedule 12(g), 4.6 or 4.7: (i) none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above; (ii) no officer, none director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), person; and (iii) neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity other than pursuant to any of the Permitted Guarantees.
Appears in 1 contract
Samples: Subordinated Securities Purchase Agreement (TRUEYOU.COM)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Security[ and Purchase] Agreement 15 Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security and Purchase Agreement (Xstream Beverage Network, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each such Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its officers, the officers or directors or, to of the best of its knowledge, key employees Company or stockholders, any of its Subsidiaries (or any members of their immediate families, ) are indebted to it the Company or any of its the Subsidiaries, individually or in the aggregate, in excess of $50,000 50,000, or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a material business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries). Except as described above, none no officer or director of the Company or any of its officers, directors or stockholders, or any member of their immediate families, Subsidiaries is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no material agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its the Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or entity (other than of indebtedness of the Company or other Subsidiaries).
Appears in 1 contract
Samples: Securities Purchase Agreement (Standard Management Corp)
Obligations to Related Parties. Except as set forth on Schedule 12(g)6.9, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders stockholders, equity holders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its the board of directors of the Company and its Subsidiaries’ Board stockholders of Directors, as applicablethe Company); and
(ivd) intercompany obligations listed in among the Company and its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act FilingsSubsidiaries. Except as described above or set forth on Schedule 12(g)6.9, none of its the officers, directors or, to the best of its knowledgethe Company’s Knowledge, key other employees of the Company or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of any such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or equity holder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g)6.9, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness Indebtedness of any other PersonPerson (other than Indebtedness of the Company or a Guarantor to the extent disclosed on Schedule 6.6 and permitted under this Agreement).
Appears in 1 contract
Samples: Note Purchase Agreement (GreenHunter Resources, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)6.9, neither it nor there are no obligations of any Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders stockholders, equity holders or employees of any Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of any Company and/or its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its the board of directors and its Subsidiaries’ Board equity holders of Directorsany Company and/or any Subsidiary of such Company, as applicable); and
(ivd) intercompany obligations listed in its among Companies and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above above, or as set forth on Schedule 12(g)6.9, none of its the officers, directors or, to the best of its knowledgesuch Company’s Knowledge (as defined herein), key other employees or stockholders, equity holders of any Company or any of its Subsidiaries or any members of their immediate families, are indebted to it any Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it any Company or any of its Subsidiaries is affiliated or with which it such Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it any Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it any Company or any of its Subsidiaries. Except as described above, none no officer, director or equity holder of any Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it any Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it any Company or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g)6.9, neither it no Company nor any of its their Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)6.9, neither it nor there are no obligations of any Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders stockholders, equity holders or employees of any Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of any Company and/or its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements and restricted stock units outstanding under any stock option plan approved by its and its Subsidiaries’ Board the board of Directorsdirectors of any Company and/or any Subsidiary of such Company, as applicable); and;
(ivd) intercompany obligations listed in its among Companies and each of its Subsidiary’s financial statements or disclosed in any statements; and
(e) obligations of the Parent’s Exchange Act FilingsCompany and its Subsidiaries under the BAM Facility which shall be paid in full on the Closing Date. Except as described above above, or as set forth on Schedule 12(g)6.9, none of its the officers, directors or, to the best of its knowledgesuch Company’s Knowledge (as defined herein), key other employees or stockholders, equity holders of any Company or any of its Subsidiaries or any members of their immediate families, are indebted to it any Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it any Company or any of its Subsidiaries is affiliated or with which it such Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it any Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it any Company or any of its Subsidiaries. Except as described above, none no officer, director or equity holder of any Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it any Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it any Company or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g6.9 and for the subsidiary guaranty provided in connection with the BAM Facility (which such subsidiary guaranty shall be terminated as of the Closing Date), neither it no Company nor any of its their Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and;
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings; and
(e) obligations to any stockholders required under the Charter, as in effect on the date hereof, and applicable law. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor or, in the case of TNEC, as disclosed in any Exchange Act Filing, there are no obligations of any Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of any Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of any Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of any Company and each Subsidiary of such Company, as applicable); and
(ivd) obligations listed in its any Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentTNEC’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its each Company’s knowledge, key employees or stockholders, stockholders of any Company or any of its Subsidiaries or any members of their immediate families, are indebted to it any Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it any Company or any of its Subsidiaries is affiliated or with which it any Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it any Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it any Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of any Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it any Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it any Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it no Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (True North Energy CORP)
Obligations to Related Parties. Except as set forth on Schedule 12(g)2.8, neither it nor there are no obligations of the Debtor or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders shareholders or employees of the Debtor or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its behalf of the Debtor or any of its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of the Debtor); and
(ivd) obligations listed in its and each of its Subsidiarythe Debtor’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g)2.8, none of its the officers, directors or, to the best of its the Debtor’s and each Eligible Subsidiary’s knowledge, key employees or stockholdersshareholders of the Debtor, any of its Subsidiaries or any members of their immediate families, are indebted to it the Debtor or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 65,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Debtor or any of its Subsidiaries is affiliated or with which it the Debtor or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Debtor or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Debtor or any of its Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Debtor or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Debtor or any of its Subsidiaries and any such Personperson. Except in respect of the Guarantee Agreement or as set forth on Schedule 12(g)2.8, neither it the Debtor nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations subsidiaries to their respective officers, directors, stockholders or employees of Company or any of its subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on behalf of Company or any of its or its Subsidiaries’ behalfsubsidiaries;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its Subsidiary’s Company's financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described in any Exchange Act Filing or as described above or set forth on Schedule 12(g), none of its the officers, directors or, to the best of its Company's knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries subsidiaries or any members of their immediate families, are indebted to it Company or any of its Subsidiariessubsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries subsidiaries is affiliated (other than the Company) or with which it Company or any of its Subsidiaries subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiariessubsidiaries, in each case, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiariessubsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries subsidiaries and any such Personperson. Except as set forth on Schedule 12(g), neither it Company nor any of its Subsidiaries subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (11.00%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary or fees for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Blast Energy Services, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Parent or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Parent or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Parent and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Parent and each Subsidiary of the Parent, as applicable); and
(ivd) obligations listed in its the Parent’s and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Parent’s knowledge, key employees or stockholders, stockholders of the Parent or any of its Subsidiaries or any members of their immediate families, are indebted to it the Parent or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Parent or any of its Subsidiaries is affiliated or with which it the Parent or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Parent or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Parent or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Parent or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Parent or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Parent or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Parent nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Accentia Biopharmaceuticals Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above above, in the Company’s Exchange Act Filings or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;; . 07/08/2005 16
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security and Purchase Agreement (360 Global Wine Co)
Obligations to Related Parties. Except as set forth on Schedule 12(g), ------------------------------- -------------- neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, -------------- directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of -------------- its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it no Company nor any of its Domestic Subsidiaries has any obligations to their respective officers, directorsBoard members, stockholders equityholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Domestic Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Domestic Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Domestic Subsidiaries or any members of their immediate families, are indebted to it or any of its Domestic Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Domestic Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Domestic Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Domestic Subsidiaries. Except as described above, none of its officers, directors members of the Board or stockholdersequityholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Domestic Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Domestic Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Domestic Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, 10% or greater stockholders or employees other than:
(i) for payment of salary or fees for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7 or in the Exchange Act Filings, neither it nor any there are no obligations of its Subsidiaries has any obligations the Borrower to their respective officers, directors, stockholders or employees of the Borrower other than:
than (ia) for payment of salary for services rendered and for bonus payments;
, (iib) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
behalf of the Borrower, (iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its the Boards of Directors of the Borrower) and its Subsidiaries’ Board of Directors, as applicable); and
(ivd) obligations listed in its and each of its Subsidiarythe Borrower’s financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, or in the Exchange Act Filings none of its the officers, directors or, to the best of its the Borrower’s knowledge, key employees or stockholders, any stockholders of its Subsidiaries the Borrower or any members of their immediate families, are indebted to it or any of its Subsidiariesthe Borrower, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it or any of its Subsidiaries the Borrower is affiliated or with which it or any of its Subsidiaries the Borrower has a business relationship, or any Person firm or corporation which competes with it or any of its Subsidiariesthe Borrower, other than passive investments in publicly traded companies (representing less than one percent (1%) % of such company) which may compete with it or any of its Subsidiariesthe Borrower. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries the Borrower and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries the Borrower and any such Personperson. Except as set forth on Schedule 12(g)4.7 or in the Exchange Act Filings, neither it nor any of its Subsidiaries the Borrower is not a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders shareholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholdersshareholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholdersshareholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(gSCHEDULE 12(G), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(gSCHEDULE 12(G), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(gSCHEDULE 12(G), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (American Technologies Group Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act FilingsSEC Reports. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 150,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Apogee Technology Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7 or in the Securities Filings, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or of any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Securities Filings. Except as described above above, in the Securities Filings or set forth on Schedule 12(g), 4.6 or 4.7: (i) none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above; (ii) no officer, none director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or 9 any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), person; and (iii) neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity other than pursuant to any of the Permitted Guarantees.
Appears in 1 contract
Samples: Securities Purchase Agreement
Obligations to Related Parties. Except as set forth on Schedule 12(g), or as disclosed in any Exchange Act Filings neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (Iwt Tesoro Corp)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (Gse Systems Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of Patients or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Patients or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of Patients and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of Patients and each Subsidiary of Patients, as applicable); and;
(ivd) obligations listed in its Patients’ and each of its Subsidiary’s financial statements or disclosed in any of statements; and
(e) the Parent’s Exchange Act FilingsJunior Secured Notes. Except as described above or above, set forth on Schedule 12(g)4.7, or contemplated by the Share Exchange Documentation, none of its the officers, directors or, to the best of its either Patients’ or the Company’s knowledge, key employees or stockholders, stockholders of Patients or any of its Subsidiaries or any members of their immediate families, are indebted to it Patients or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Patients or any of its Subsidiaries is affiliated or with which it Patients or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Patients or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Patients or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of Patients or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Patients or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Patients or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it Patients nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Patients & Physicians, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g9(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Company or any of its Subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its behalf of Company or any of its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its SubsidiaryCompany’s financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g9(g), none of its the officers, directors or, to the best of its Company’s and each Eligible Subsidiary’s knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries or any members of their immediate families, are indebted to it Company or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries is affiliated or with which it Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g9(g), neither it Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Samples: Security and Purchase Agreement (Thomas Equipment, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor disclosed in this Section 6(n) or in the Disclosure Record there are no obligations of the Corporation or of any Subsidiary or indebtedness or other amounts owing to any of its Subsidiaries has any obligations to their respective the officers, directors, stockholders shareholders, or employees of the Corporation or any Subsidiary other than:
(i) for payment of salary for services rendered and for bonus paymentsrendered;
(ii) reimbursement for reasonable expenses incurred on its behalf of the Corporation or its Subsidiaries’ behalfa Subsidiary;
(iii) for other standard employee benefits made generally available to all employees of the same level (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Corporation’s Board of Directors (the “Board of Directors, as applicable”) outstanding under the Plan); and
(iv) obligations listed as set forth in its and each of its Subsidiarythe Financial Statements or the Disclosure Record. To the Corporation’s financial statements or knowledge, other than as disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)Disclosure Record, none of its the officers, directors or, to or material shareholders of the best Corporation or of its knowledge, key employees or stockholders, any of its Subsidiaries Subsidiary or any members of their immediate families, are indebted to it the Corporation or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 Subsidiary or have any direct or indirect ownership interest in any Person firm or corporation with which it the Corporation or any of its Subsidiaries Subsidiary is affiliated or with which it any firm or any of its Subsidiaries has a business relationship, or any Person corporation which competes with it or any of its Subsidiariesthe Corporation, other than passive investments in publicly traded companies (representing less than one ten percent (1%) of such company) which may compete with it the Corporation. Other than as disclosed in the Disclosure Record, no officer, director or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholdersmaterial shareholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Corporation or any Subsidiary (other than such agreements related to employment or the ownership of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Personoptions pursuant to the Plan). Except as set forth on Schedule 12(g)disclosed in the Disclosure Record, neither it the Corporation nor any of its Subsidiaries Subsidiary is a guarantor or indemnitor of any indebtedness of any other Personofficer, director or material shareholder of the Corporation or of any Subsidiary or any member of their immediate families. For the purposes of this section “material shareholder” means any shareholder who would be required to file xxxxxxx xxxxxxx reports pursuant to the Securities Act (British Columbia).
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) : for payment of salary for services rendered and for bonus payments;
(ii) ; reimbursement for reasonable expenses incurred on its or its Subsidiaries’ ' behalf;
(iii) ; for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ ' Board of Directors, as applicable); and
(iv) and obligations listed in its and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s 's Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (11.0%) of such company) which may compete with it or any of its Subsidiaries. Except as described aboveabove or on Schedule 12(g), none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security Agreement (Rapid Link Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g)the Supplemental Schedule, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above or set forth on the Supplemental Schedule 12(g), none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)the Supplemental Schedule, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)------------------------------ 4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Company's Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Elec Communications Corp)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(i) : for payment of salary for services rendered and for bonus payments;
(ii) ; reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iii) ; for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each Subsidiary of the Company, as applicable); and
(iv) and obligations listed in its the Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Exchange Act FilingsCompany's SEC Reports. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company's knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any material obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); andand Security and Purchase Agreement
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security and Purchase Agreement (Silicon Mountain Holdings, Inc.)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of the Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of the Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and for bonus payments;
(iib) reimbursement for reasonable expenses incurred on its or behalf of the Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of the Company and each such Subsidiary of the Company, as applicable); and
(ivd) obligations listed in its the Company’s and each of its Subsidiary’s financial statements or disclosed in any of the ParentCompany’s Exchange Act Filings. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its the Company’s knowledge, key employees or stockholders, stockholders of the Company or any of its Subsidiaries or any members of their immediate families, are indebted to it the Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 250,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it the Company or any of its Subsidiaries is affiliated or with which it the Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it the Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it the Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of the Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it the Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it the Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it the Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Earthfirst Technologies Inc)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders equity holders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholdersequity holders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholdersequity holders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security and Purchase Agreement (Miscor Group, Ltd.)
Obligations to Related Parties. Except as set forth on Schedule 12(g)4.7, neither it nor there are no obligations of any Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of any Company or any of its Subsidiaries other than:
(ia) for payment of salary for services rendered and rendered, for bonus paymentspayments and Change of Control Payments (as defined in the Stock Purchase Agreement);
(iib) reimbursement for reasonable expenses incurred on its or behalf of any Company and its Subsidiaries’ behalf;
(iiic) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of DirectorsDirectors of any Company and each Subsidiary of such Company, as applicable); and
(ivd) obligations listed in its any Company's and each of its Subsidiary’s 's financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g)4.7, none of its the officers, directors or, to the best of its each Company's knowledge, key employees or stockholders, stockholders of any Company or any of its Subsidiaries or any members of their immediate families, are indebted to it any Company or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 100,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it any Company or any of its Subsidiaries is affiliated or with which it any Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it any Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it any Company or any of its Subsidiaries. Except as described above, none no officer, director or stockholder of any Company or any of its officers, directors or stockholdersSubsidiaries, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it any Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it any Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)4.7, neither it no Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson or entity.
Appears in 1 contract
Samples: Securities Purchase Agreement (Pacific Energy Resources LTD)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations subsidiaries to their respective officers, directors, stockholders or employees of Company or any of its subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on behalf of Company or any of its or its Subsidiaries’ behalfsubsidiaries;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its SubsidiaryCompany’s financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described in any Exchange Act Filing or as described above or set forth on Schedule 12(g), none of its the officers, directors or, to the best of its Company’s knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries subsidiaries or any members of their immediate families, are indebted to it Company or any of its Subsidiariessubsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries subsidiaries is affiliated (other than the Company) or with which it Company or any of its Subsidiaries subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiariessubsidiaries, in each case, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiariessubsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries subsidiaries and any such Personperson. Except as set forth on Schedule 12(g), neither it Company nor any of its Subsidiaries subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Company or any of its Subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its behalf of Company or any of its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its SubsidiaryCompany’s financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g), none of its the officers, directors or, to the best of its Company’s and each Eligible Subsidiary’s knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries or any members of their immediate families, are indebted to it Company or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries is affiliated or with which it Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiaries. Except as described above, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g), neither it Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
Samples: Security and Purchase Agreement (Maxim Mortgage Corp/)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its or its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ Board of Directors, as applicable); and
(iv) obligations listed in its and each of its Subsidiary’s financial statements or disclosed in any of the Parent’s Exchange Act Filingsstatements. Except as described above or set forth on Schedule 12(g), none of its officers, directors or, to the best of its knowledge, key employees or stockholders, any of its Subsidiaries or any members of their immediate families, are indebted to it or any of its Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person with which it or any of its Subsidiaries is affiliated or with which it or any of its Subsidiaries has a business relationship, or any Person which competes with it or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it or any of its Subsidiaries. Except as described above, none of its officers, directors or stockholders, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it or any of its Subsidiaries and any such Person. Except as set forth on Schedule 12(g), neither it nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Person.
Appears in 1 contract
Samples: Security and Purchase Agreement (Miscor Group, Ltd.)
Obligations to Related Parties. Except as set forth on Schedule 12(g), neither it nor there are no obligations of Company or any of its Subsidiaries has any obligations to their respective officers, directors, stockholders or employees of Company or any of its Subsidiaries other than:
(i) for payment of salary for services rendered and for bonus payments;
(ii) reimbursement for reasonable expenses incurred on its behalf of Company or any of its Subsidiaries’ behalf;
(iii) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by its and its Subsidiaries’ the Board of Directors, as applicableDirectors of Company); and
(iv) obligations listed in its and each of its Subsidiary’s Company's financial statements or disclosed in any of the Parent’s its Exchange Act Filings. Except as described above or set forth on Schedule 12(g)) or as disclosed in any Exchange Act Filings, none of its the officers, directors or, to the best of its Company's knowledge, key employees or stockholdersstockholders of Company, any of its Subsidiaries or any members of their immediate families, are indebted to it Company or any of its their Subsidiaries, individually or in the aggregate, in excess of $50,000 or have any direct or indirect ownership interest in any Person firm or corporation with which it Company or any of its Subsidiaries is affiliated or with which it Company or any of its Subsidiaries has a business relationship, or any Person firm or corporation which competes with it Company or any of its Subsidiaries, other than passive investments in publicly traded companies (representing less than one percent (1%) of such company) which may compete with it Company or any of its Subsidiaries. Except as described aboveabove or as set forth on Schedule 12(g) or as disclosed in any Exchange Act Filings, none of its officersno officer, directors director or stockholdersstockholder, or any member of their immediate families, is, directly or indirectly, interested in any material contract with it Company or any of its Subsidiaries and no agreements, understandings or proposed transactions are contemplated between it Company or any of its Subsidiaries and any such Personperson. Except as set forth on Schedule 12(g)) or as disclosed in any Exchange Act Filings, neither it Company nor any of its Subsidiaries is a guarantor or indemnitor of any indebtedness of any other Personperson, firm or corporation.
Appears in 1 contract
