Common use of Operation of Parent’s Business Clause in Contracts

Operation of Parent’s Business. Since December 31, 1997 through the date of this Agreement, none of Parent or any of its subsidiaries has engaged in any transaction which, if closed after execution of this Agreement, would violate Section 5.2(c) hereof except as described or reflected in the Parent SEC Documents or as set forth in Section 3.13 to the Parent Disclosure Schedule.

Operation of Parent’s Business. Since December 31, 1997 through the date of this Agreement, none of Parent or any of its subsidiaries has engaged in any transaction which, if closed after execution of this Agreement, would violate Section 5.2(c) hereof except as described or reflected in the Parent SEC Documents or as set forth in Section 3.13 to the Parent Disclosure Schedule. A-8 14 3.14 Company Stock Ownership. Except as set forth in Section 3.14 to the Parent Disclosure Schedule, neither Parent nor any of its subsidiaries owns any Company Common Shares or other securities convertible into Company Common Shares.