Outside Financial Interests. No director or officer of Seller nor the owner of more than 5% of the capital stock of Seller has any direct or indirect financial interest in any competitor with or supplier or customer of Seller; provided, however, that for this purpose ownership of corporate securities having no more than 2% of the outstanding voting power of any competitor, supplier or customer for which securities are listed on any national securities exchange or authorized for quotation on the Automated Quotations System of the National Association of Securities Dealers, Inc. shall not be deemed to be such a financial interest provided such Person has no other connection or relationship with such competitor, supplier or customer.
Outside Financial Interests. Except as identified on Schedule 3.23 hereto, no officer or director of any Seller Company nor the owner of more than 5% of the capital stock of any Seller Company has any direct or indirect financial interest in any competitor with or supplier or customer of the Business; provided, however, that for this purpose ownership of corporate securities having no more than 2% of the outstanding voting power of any competitor, supplier or customer which securities are listed on any national securities exchange or authorized for quotation on the Automated Quotations System of the National Association of Securities Dealers, Inc. shall not be deemed to be such a financial interest provided such Person has no other connection or relationship with such competitor, supplier or customer.
Outside Financial Interests. Except as set forth in Schedule 9.23 and with the exception of nProcess, Inc., a Delaware Corporation, no officer or director of Seller has any direct or indirect financial interest in any competitor, supplier or customer of Seller; provided, however, that for this purpose ownership of corporate securities having no more than 2% of the outstanding voting power of any competitor, supplier or customer which securities are listed on any national securities exchange or traded actively on the national over-the-counter market shall not be deemed a financial interest provided such person has no other connection or relationship with such competitor, supplier, or customer. With regard to SAS Funding, an entity which is 50% owned by Sam Xxxxxxxx, Xxller is party to equipment leases with SAS Funding which leases are disclosed on Exhibit 1.1, and such leases were entered into in arms length transactions with SAS Funding.
Outside Financial Interests. 27 3.25 Payments, Compensation and Perquisites of Agents and Employees................. .......................27 3.26
Outside Financial Interests. 21 3.24 PAYMENTS, COMPENSATION AND PERQUISITES OF AGENTS AND EMPLOYEES.......21 3.25 LABOR CONTRACTS, EMPLOYEE BENEFIT PLANS, AND EMPLOYMENT CONTRACTS....21 3.26 ERISA................................................................21 3.27
Outside Financial Interests. No director or officer of any member of the North Shore Affiliated Group or other Seller has any direct or indirect financial interest in any competitor with or supplier or customer of any such member or Sellers; provided, however, that for this purpose ownership of corporate securities having no more than 5% of the outstanding voting power of any competitor, supplier or customer for which securities are listed on any national securities exchange or authorized for quotation on the Automated Quotations System of the National Association of Securities Dealers, Inc. shall not be deemed to be such a financial interest provided such Person has no other connection or relationship with such competitor, supplier or customer.
Outside Financial Interests. Except as identified on --------------------------- Schedule 2.29, no director (excluding Daxxx Xxxxx, Stxxxxx Xxxxxx, Daxxx ------------- Clxxx, Gexxxx Xxxxx xnd Joxxxx X. Xxxxxxx), officer, Equity Holder or any affiliate of any of them or of Conning Corp. has any direct or indirect financial interest in any competitor with or supplier or customer of, or any other person or entity that has any transactions or other business relationship with, Conning Corp.; provided, however, that for this purpose ownership of corporate securities having no more than 5% of the outstanding voting power of any competitor, supplier, customer or other person or entity, which securities are listed on any national securities exchange or authorized for quotation on the Automated Quotations System of the National Association of Securities Dealers, Inc., shall not be deemed to be such a financial interest, provided such person has no other connection or relationship with such competitor, supplier, customer or other person or entity.
Outside Financial Interests. Except as identified on --------------------------- Schedule 3.30, no director, officer or shareholder of GAIMCO has any direct ------------- or indirect financial interest in any competitor 42 48 with or supplier or customer of, or any other person or entity that has any transactions or other business relationship with, GAIMCO or CAM; provided, however, that for this purpose ownership of corporate securities having no more than 5% of the outstanding voting power of any competitor, supplier, customer or other person or entity, which securities are listed on any national securities exchange or authorized for quotation on the Automated Quotations System of the National Association of Securities Dealers, Inc., shall not be deemed to be such a financial interest, provided such person has no other connection or relationship with such competitor, supplier, customer or other person or entity.
Outside Financial Interests. Except as identified on Schedule 3.23 hereto, no Controlling Shareholder nor, to Sellers knowledge, any other officer or director of any Seller or owner of more than 5% of the equity of any Seller, has any direct or indirect financial interest in any competitor with or supplier or customer of any Seller; provided, however, that for this purpose ownership of corporate securities having no more than 1% of the outstanding voting power of any competitor, supplier or customer which securities are listed on any national securities exchange or authorized for quotation on the Automated Quotations System of the National Association of Securities Dealers, Inc., shall not be deemed to be such a financial interest provided such Person has no other connection or relationship with such competitor, supplier or customer.
Outside Financial Interests. Except as disclosed on Section 3.23 of ----- --------------------------- the Disclosure Schedule, neither the Company nor, to the best knowledge of the Company, any executive officers of the Company have any material direct or indirect financial interest in any competitor, supplier or customer of the Company, except for ownership of publicly traded securities of any supplier or customer whose shares are publicly traded on any securities exchange.
