Common use of Ownership of Parent Common Stock Clause in Contracts

Ownership of Parent Common Stock. In the past three (3) years, neither the Company nor any of its Subsidiaries has “owned” (as such term is defined in Section 203(c) of the DGCL), directly or indirectly, any shares of Parent Common Stock or other securities convertible into, exchangeable into or exercisable for shares of Parent Common Stock (other than pursuant to any employee benefit plan of the Company). There are no voting trusts or other agreements or understandings to which the Company or any its Subsidiaries is a party with respect to the voting of the capital stock or other equity interest of Parent or any of its Subsidiaries.

Ownership of Parent Common Stock. In During the past three (3) yearsyears prior to the date of this Agreement, neither none of the Company nor or any of its Subsidiaries Company Subsidiary has “owned” (as such term is defined in Section 203(c) of the DGCL), directly or indirectly, any shares of Parent Common Stock or other securities convertible into, exchangeable into or exercisable for shares of Parent Common Stock (other than pursuant to any employee benefit plan of the CompanyCompany Plan). There are no voting trusts or other agreements or understandings to which the Company or any its Subsidiaries Company Subsidiary is a party with respect to the disposition or voting of the capital stock or other equity interest of Parent or any of its SubsidiariesParent Subsidiary.