Potential Competing Interests. To First Security's knowledge, no director or executive officer of either First Security or the First Security Subsidiaries nor any member of such person’s immediate family (as defined in Section 229.404(a) of Regulation S-K), (a) have any direct or indirect (5% or more) interest in any Person that competes or conflicts with, or is engaged in any business of the kind being conducted by, either First Security or the First Security Subsidiaries in the Fayette County, Kentucky or surrounding counties’ banking markets, or (b) does business or engages in commerce with, or provides goods or services to First Security or any of the First Security Subsidiaries. Neither First Security nor any of the First Security Subsidiaries uses any real or personal property in which any 5% or more shareholder of First Security (to First Security’s knowledge) or any director, officer or employee of either First Security or the First Security Subsidiaries, or, to First Security’s knowledge, any member of any such person’s family, have a direct or indirect (5% or more) interest.
Potential Competing Interests. Except as set forth in the Company Letter, (i) no director, officer or key employee or, to the Company's knowledge, any beneficial owner of 10% or more of any class of capital stock (a "Ten Percent Owner") of the Company directly or indirectly beneficially owns a 5% or more interest in any institution that is engaged in the business of making loans and/or taking deposits, (ii) neither the Company, nor any director, officer or key employee of the Company has any interest, direct or indirect, in any contract or agreement with, commitment or obligation of or to, or claim against, the Company (excluding contracts, agreements or obligations with respect to monies borrowed from, or claims for deposits maintained with, the Company in the ordinary course of a commercial banking business consistent with safe and sound banking practices), and (iii) the Company does not use any real or personal property in which any director, officer or key employee or, to the Company's knowledge, Ten Percent Owner of the Company directly or indirectly beneficially owns a 5% or more interest in any such real or personal property.
Potential Competing Interests. To the best of ----------------------------- Pioneer's and the Bank's knowledge, no shareholder of Pioneer who owns more than one percent (1%) of the outstanding shares of Pioneer Common Stock, nor any director, officer or employee of either Pioneer or the Bank, nor any member of any such person's family, have any direct or indirect (1% or more) interest in any Person which competes or conflicts with, or is engaged in any business of the kind being conducted by, either Pioneer or the Bank or which does business or engages in commerce with, or provides goods or services to, either Pioneer or the Bank. Neither Pioneer nor the Bank uses any real or personal property in which any shareholder of Pioneer or any director, officer or employee of either Pioneer or the Bank, or any member of any such person's family, have a direct or indirect (1% or more) interest.
Potential Competing Interests. To Kentucky First 's knowledge, no director or executive officer of either Kentucky First or the Kentucky First Subsidiaries (a) have any direct or indirect (5% or more) interest in any Person that competes or conflicts with, or is engaged in any business of the kind being conducted by, either Kentucky First or the Kentucky First Subsidiaries, or (b) does business or engages in commerce with, or provides goods or services (other than as an employee or director of Kentucky First or any of the Kentucky First Subsidiaries) to Kentucky First or any of the Kentucky First Subsidiaries in an amount in excess of $25,000 for the year ended June 30, 2003. Neither Kentucky First nor any of the Kentucky First Subsidiaries uses any real or personal property valued in excess of $25,000 in which any director or officer of either Kentucky First or the Kentucky First Subsidiaries have a direct or indirect (5% or more) interest.
Potential Competing Interests. Except as set forth in the Company Letter, (i) no director, officer or key employee of the Company or any Subsidiary or, to the Company's knowledge, any beneficial owner of 5% or more of any class of capital stock of the Company (a "Five Percent Owner"), or any "affiliate" or "associate" (as each such term is defined in Rule 12b-2 under the Exchange Act ) of any of the foregoing directly or indirectly beneficially owns a 5% or more interest in any institution (other than the Company and its Subsidiaries) that is engaged in the business of making loans and/or taking deposits, (ii) no director, officer or key employee of the Company or any Subsidiary or, to the Company's knowledge, any Five Percent Owner, or any affiliate or associate of any of the foregoing, has any interest, direct or indirect, in any contract or agreement with, commitment or obligation of or to, or claim against, the Company or any Subsidiary (excluding contracts, agreements or obligations with respect to monies borrowed from, or claims to deposits maintained with, First Community Bank in the ordinary course of a banking business consistent with safe and sound banking practices), and (iii) neither the Company nor any Subsidiary uses any real or personal property in which any director, officer or key employee of the Company or any Subsidiary or, to the Company's knowledge, Five Percent Owner, or any affiliate or associate of any of the foregoing directly or indirectly beneficially owns a 5% or more interest in any such real or personal property.
Potential Competing Interests. Except as set forth on Schedule 3.25, none of the partners, officers, directors or employees of Seller, has any direct or indirect interest in any entity which competes with, is a supplier, customer or sales agent of, or is engaged in any business of the kind being con- ducted by, Seller, and none of the partners, officers, directors or employees of Seller, has any interest, direct or indirect, in any contract or agreement with, commitment or obligation of or to, or claim against, Seller. Except as set forth on Schedule 3.25, no real or personal property in which any of the partners, officers, directors or employees of Seller has an interest is used by Seller in the operation of its business, or located on or at any premises used by Seller in its business, and no such property is significant to the operation of Seller's business. On the Closing Date, all indebtedness of the partners, officers, directors or employees of Seller to Seller reflected or which should have been reflected in the Financial Statements or the Current Financial Statements shall have been paid in full, or such amounts will be set off against the Purchase Price. All such indebtedness is set forth on Schedule 3.25.
Potential Competing Interests. Except as set forth on Schedule 3.22 of the Company Disclosure Letter, no officer, manager or, to the knowledge of the Company, other employee of the Company or any of the Company Subsidiaries has any direct or indirect interest in any entity which competes with, is a supplier, customer or sales agent of, or is engaged in any business of the kind being conducted by, the Company. Except as set forth on Schedule 3.22 of the Company Disclosure Letter, no officer, manager or, to the knowledge of the Company, other employee of the Company or any of the Company Subsidiaries has any interest, direct or indirect, in any Contract or agreement with, commitment or obligation of or to, or claim against, the Company or any of the Company Subsidiaries. No real or personal property in which any officer, manager or, to the knowledge of the Company, any other employee of the Company or the Company Subsidiaries has an interest is used by the Company or any of the Company Subsidiaries in the operation of the Business, or located on or at any premises used by the Company or the Company Subsidiaries in the Business.
Potential Competing Interests. Except as set forth on Schedule 3.22, neither the Shareholder, nor any officer, director or employee of Seller, has any direct or indirect interest in any entity that competes with, is a supplier, customer or sales agent of, or is engaged in any business of the kind being conducted by, Seller, and neither the Shareholder, nor any officer, director or employee of Seller, has any interest, direct or indirect, in any contract or agreement with, commitment or obligation of or to, or claim against, Seller. Except as set forth on Schedule 3.22, no real or personal property in which the Shareholder or any officer, director or employee of Seller has an interest is used by Seller in the operation of its business, or located on or at any premises used by Seller in its business, and no such property is significant to the operation of Seller's business. On the Effective Date, all indebtedness owed by, or to the Shareholder and any officer, director or employee of Seller to, or by, Seller has been paid in full. All such indebtedness is set forth on Schedule 3.22.
Potential Competing Interests. Except as set forth in Section 3.22 of the Company Disclosure Schedule, no officer, director, or principal stockholder of the Company or its Subsidiaries or any individual in such officer’s or director’s immediate family is a party to any agreement, contract, commitment or transaction with the Company or its Subsidiaries or has any interest in any real or personal property used by the Company or its Subsidiaries, other than standard employment arrangements with employees.
Potential Competing Interests. Except as set forth on Schedule 3.27, ----------------------------- neither the Shareholder, nor any officer, director or employee of any Company or Subsidiary, has any direct or indirect interest in any entity which competes with, is a supplier, customer or sales agent of, or is engaged in any business of the kind being conducted by, any Company or Subsidiary, and neither the Shareholder, nor any officer, director or employee of any Company or Subsidiary, has any interest, direct or indirect, in any contract or agreement with, commitment or obligation of or to, or claim against, any Company or Subsidiary. Except as set forth on Schedule 3.27, no real or personal property in which the Shareholder or any officer, director or employee of any Company or Subsidiary has an interest is used by any Company or Subsidiary in the operation of its business, or located on or at any premises used by any Company or Subsidiary in its business, and no such property is significant to the operation of any Company's or Subsidiary's business. On the Closing Date, all indebtedness of the Shareholders, and any officer, director or employee of any Company or Subsidiary to such Company or Subsidiary reflected or which should have been reflected in the Financial Statements or the Current Financial Statements shall have been paid in full, or such amounts will be set off against the Purchase Price. All such indebtedness is set forth on Schedule 3.27.
