Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETI. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI (except for any Company Proprietary Asset that is licensed to ETI under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETI. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (Munro Mark E), Agreement and Plan of Merger and Reorganization (Vsi Enterprises Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIthe Companies. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI the Companies (except for any Company Proprietary Asset that is licensed to ETI either Company under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETI. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI each Company has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI is the Companies are not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI is the Companies are free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (Fisher Business Systems Inc), Agreement and Plan of Merger (Fisher Business Systems Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIthe Company. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person person or entity and that is licensed to or used by ETI the Company (except for any Company Proprietary Asset that is licensed to ETI the Company under any third party software license that (1) is generally available to the public at a cost of less than $500)1,000, and (2) imposes no future monetary obligation on the Company) and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIthe Company. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI the Company has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrancesencumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI the Company is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI the Company is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basisbasis (other than Company Proprietary Assets consisting of software licensed to the Company under third party licenses generally available to the public, with respect to which the Company's rights are not exclusive).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Adac Laboratories)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIeither of the Companies. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI either of the Companies (except for any Company Proprietary Asset that is licensed to ETI either of the Companies under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIeither of the Companies. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI each Company has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure ScheduleSchedule as being owned by it, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI neither of the Companies is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI each of the Companies is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the its Company Proprietary Assets on an exclusive basis.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Halis Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETICompass. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI Compass (except for any Company Proprietary Asset that is licensed to ETI Compass under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETICompass. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI each Company has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI Compass is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI Compass is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Halis Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other material Company Proprietary Assets owned by ETISMG. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI SMG (except for any Company Proprietary Asset that is licensed to ETI SMG under any third party software license generally available to the public at a cost of less than $5001,000), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETISMG. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI SMG has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure ScheduleSchedule and except for any Company Proprietary Asset licensed to SMG under any third party license generally available to the public, ETI SMG is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI SMG is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Halis Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETITGM. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI TGM (except for any Company Proprietary Asset that is licensed to ETI TGM under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETITGM. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI each Company has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI TGM is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI TGM is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Halis Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i1) a brief description of such Company Proprietary Asset, Asset and (ii2) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIany of the Companies. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI any of the Companies (except for any Company Proprietary Asset that is licensed to ETI any of the Companies under any third party software license that (1) is generally available to the public at a cost of less than $500)DM 5,000, and (2) imposes no future monetary obligation on any of the Companies) and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIany of the Companies. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI has the Companies have good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has have a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI none of the Companies is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI is the Companies are free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis (other than Company Proprietary Assets consisting of software licensed to any of the Companies under third party licenses generally available to the public, with respect to which the Companies' rights are not exclusive). (b) The Companies have taken all reasonable measures and precautions necessary to protect and maintain the confidentiality and secrecy of all Company Proprietary Assets (except to the extent the value of Company Proprietary Assets would be unimpaired by public disclosure) and otherwise to maintain and protect the value of all Company Proprietary Assets. Except as set forth in Part 2.9(b) of the Disclosure Schedule, the Companies have not disclosed or delivered or permitted to be disclosed or delivered to any Person, and no Person (other than the Companies) has access to or has any rights with respect to, the source code, or any portion or aspect of the source code, of any Company Proprietary Asset. (c) To the best of the Knowledge of the Company and the Principal Shareholders, none of the Company Proprietary Assets infringes or conflicts with any Proprietary Asset owned or used by any other Person. Except as set forth in Part 2.9(c) of the Disclosure Schedule, none of the Companies is infringing, misappropriating or making any unlawful use of, and none of the Companies has at any time infringed, misappropriated or made any unlawful use of, or received any notice or other communication of any actual, alleged, possible or potential infringement, misappropriation or unlawful use of, any Proprietary Asset owned or used by any other Person. To the best of the Knowledge of the Company and the Principal Shareholders, except as set forth in Part 2.9(c) of the Disclosure Schedule, no other Person is infringing, misappropriating or making any unlawful use of, and no Proprietary Asset owned or used by any other Person infringes or conflicts with, any Company Proprietary Asset. (d) The Company Proprietary Assets enable the Companies to conduct their business in the manner in which such business has been conducted and in the manner in which such business is proposed to be conducted. Except as set forth in Part 2.9(d) of the Disclosure Schedule, (1) none of the Companies has licensed any of the Company Proprietary Assets to any Person on an exclusive basis and (2) none of the Companies has entered into any covenant not to compete or Contract limiting its ability to exploit fully any of its Proprietary Assets or to transact business in any market or geographical area or with any Person. (e) Except as set forth in Part 2.9(e) of the Disclosure Schedule, (1) all current employees, consultants and independent contractors of any of the Companies and (2) all former employees, consultants and independent contractors of any of the Companies who have ceased to work for any of the Companies within the past two years have executed and delivered to the Companies written agreements (containing no exceptions to or exclusions from the scope of their coverage) that are substantially identical to the form of Employee Invention Assignment and Confidentiality Agreement attached to Part 2.9(e) of the Disclosure Schedule. (f) Except as set forth in Part 2.9(f) of the Disclosure Schedule, none of the Companies has entered into or is bound by any Contract under which any Person has the right as of the Effective Time or thereafter to license, on a commercial basis., any Company Proprietary Asset including source code, object code, or any versions, modifications or derivative works of source code or object code in any Company Proprietary Asset. (g) All products shipped by any of the Companies since January 1, 1998 are Year 2000 Compliant or can be made Year 2000 Compliant within the terms of the customary warranty accompanying such products and consistent with past warranty practices. Except as disclosed in Part 2.9(g) of the Disclosure Schedule, to the best of the Knowledge of the Company and the Principal Shareholders, products shipped by the Companies prior to such date and still in use are capable of being made Year 2000 Compliant without the aggregate cost thereof having a Material Adverse Effect on the Company. As used in this Section 2.9(g), "Year 2000 Compliant" means, with respect to a computer program or other item of software (1) the functions, calculations, and other computing processes of the program or software (collectively, "Processes") perform in a consistent and correct manner without interruption regardless of the date on which the Processes are actually performed and regardless of the date input to the applicable computer system, whether before, on, or after January 1, 2000; (2) the program or software accepts, calculates, compares, sorts, extracts, sequences, and otherwise processes date inputs and date values, and returns and displays date values, in a consistent and correct manner regardless of the dates used whether before, on, or after January 1, 2000; (3) the program or software accepts and responds to year input, if any, in a manner that resolves any ambiguities as to century in a defined, predetermined, and appropriate manner; (4) the program or software stores and displays date information in ways that are unambiguous as to the determination of the century; and (5) leap years will be determined by the following standard (A) if dividing the year by 4 yields an integer, it is a leap year, except for years ending in 00, but (B) a year ending in 00 is a leap year if dividing it by 400 yields an integer. 2.10
Appears in 1 contract
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIPRN. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI PRN (except for any Company Proprietary Asset that is licensed to ETI PRN under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIPRN. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI PRN has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI PRN is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI PRN is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Halis Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other material Company Proprietary Assets owned by ETIthe Company. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI the Company (except for any Company Proprietary Asset that is licensed to ETI the Company under any third party software license that (1) is generally available to the public at a cost of less than $500)5,000, and (2) imposes no future monetary obligation on the Company) and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIthe Company. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI the Company has good, valid good and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI the Company is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI to the Knowledge of the Company and the Principal Shareholders, the Company is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basisbasis (other than Company Proprietary Assets consisting of software licensed to the Company under third party licenses generally available to the public, with respect to which the Company's rights are not exclusive).
Appears in 1 contract
Proprietary Assets. (a) Part 2.9(a)(12.1.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental Body, (i) a brief description of such Company Proprietary Asset, and (ii) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(22.1.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIPhySource. Part 2.9(a)(32.1.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI PhySource (except for any Company Proprietary Asset that is licensed to ETI PhySource under any third party software license generally available to the public at a cost of less than $500), and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIPhySource. Except as set forth in Part 2.9(a)(42.1.9(a)(4) of the Disclosure Schedule, ETI PhySource has good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(12.1.9(a)(1) and 2.9(a)(22.1.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has a valid right to use all Proprietary Assets identified in Part 2.9(a)(32.1.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(52.1.9(a)(5) of the Disclosure Schedule, ETI PhySource is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(62.1.9(a)(6) of the Disclosure Schedule, ETI PhySource is free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Halis Inc)
Proprietary Assets. (a) Part 2.9(a)(1) of the Disclosure Schedule sets forth, with respect to each Company Proprietary Asset that has been registered, recorded or filed with any Governmental Body or with respect to which an application has been filed with any Governmental overnmental Body, (i1) a brief description of such Company Proprietary Asset, Asset and (ii2) the names of the jurisdictions covered by the applicable registration, recordation, filing or application. Part 2.9(a)(2) of the Disclosure Schedule identifies and provides a brief description of all other Company Proprietary Assets owned by ETIany of the Companies. Part 2.9(a)(3) of the Disclosure Schedule identifies and provides a brief description of each Company Proprietary Asset that is owned by any other Person and that is licensed to or used by ETI any of the Companies (except for any Company Proprietary Asset that is licensed to ETI any of the Companies under any third party software license that (1) is generally available to the public at a cost of less than $500)USD 1,000, and (2) imposes no future monetary obligation on any of the Companies) and identifies the license agreement or other agreement under which such Company Proprietary Asset is being licensed to or used by ETIany of the Companies. Except as set forth in Part 2.9(a)(4) of the Disclosure Schedule, ETI has the Companies have good, valid and marketable title to all of the Proprietary Assets identified in Parts 2.9(a)(1) and 2.9(a)(2) of the Disclosure Schedule, free and clear of all liens and other Encumbrances, and has have a valid right to use all Proprietary Assets identified in Part 2.9(a)(3) of the Disclosure Schedule. Except as set forth in Part 2.9(a)(5) of the Disclosure Schedule, ETI none of the Companies is not obligated to make any payment to any Person for the use of any Company Proprietary Asset. Except as set forth in Part 2.9(a)(6) of the Disclosure Schedule, ETI is the Companies are free to use, modify, copy, distribute, sell, license or otherwise exploit each of the Company Proprietary Assets on an exclusive basis (other than Company Proprietary Assets consisting of software licensed to any of the Companies under third party licenses generally available to the public, with respect to which the Companies' rights are not exclusive). (b) The Companies have taken reasonable measures and precautions to protect and maintain the confidentiality and secrecy of all Company Proprietary Assets (except to the extent the value of Company Proprietary Assets would be unimpaired by public disclosure) and otherwise to maintain and protect the value of all Company Proprietary Assets. (c) None of the patents, procedures and techniques for column packing, flow cells and flow splitters, or engineering know-how for instruments manufactured by LCP NL owned by the Companies infringes or conflicts with any Proprietary Asset owned or used by any other Person. To the best of the Shareholders' Knowledge, none of the other Company Proprietary Assets infringes or conflicts with any Proprietary Asset owned or used by any other Person. Except as set forth in Part 2.9(c) of the Disclosure Schedule, none of the Companies is infringing, misappropriating or making any unlawful use of, and none of the Companies has at any time infringed, misappropriated or made any unlawful use of, or received any notice or other communication of any actual, alleged, possible or potential infringement, misappropriation or unlawful use of, any Proprietary Asset owned or used by any other Person. To the best of the Knowledge of the Shareholders, except as set forth in Part 2.9(c) of the Disclosure Schedule, no other Person is infringing, misappropriating or making any unlawful use of, and no Proprietary Asset owned or used by any other Person infringes or conflicts with, any Company Proprietary Asset. (d) The Company Proprietary Assets enable the Companies to conduct their business in the manner in which such business has been conducted. Except as set forth in Part 2.9(d) of the Disclosure Schedule, (1) none of the Companies has licensed any of the Company Proprietary Assets to any Person on an exclusive basis and (2) none of the Companies has entered into any covenant not to compete or Contract limiting its ability to exploit fully any of its Proprietary Assets or to transact business in any market or geographical area or with any Person. (e) Except as set forth in Part 2.9(e) of the Disclosure Schedule, (1) all current employees, consultants and independent contractors of any of the Companies and (2) all former employees, consultants and independent contractors of any of the Companies who have ceased to work for any of the Companies within the past two years have executed and delivered to the Companies written employee invention assignment and confidentiality agreements (containing no exceptions to or exclusions from the scope of their coverage). (f) Except as set forth in Part 2.9(f) of the Disclosure Schedule, none of the Companies has entered into or is bound by any Contract under which any Person has the right as of the Effective Time or thereafter to license, on a commercial basis., any Company Proprietary Asset including source code, object code, or any versions, modifications or derivative works of source code or object code in any Company Proprietary Asset. (g) All products shipped by any of the Companies since December 31, 1995 are Year 2000 Compliant. Except as disclosed in Part 2.9(g) of the Disclosure Schedule, products shipped by the Companies prior to such date, still in use and that the Companies are contractually obligated to make Year 2000 Compliant, are capable of being made Year 2000 Compliant without the aggregate cost thereof having a Material Adverse Effect on the Companies. As used in this Section 2.9(g), "Year 2000 Compliant" means, with respect to a computer program or other item of software (1) the functions, calculations, and other computing processes of the program or software (collectively, "Processes") perform in a consistent and correct manner without interruption regardless of the date on which the Processes are actually performed and regardless of the date input to the applicable computer system, whether before, on, or after January 1, 2000; (2) the program or software accepts, calculates, compares, sorts, extracts, sequences, and otherwise processes date inputs and date values, and returns and displays date values, in a consistent and correct manner regardless of the dates used whether before, on, or after January 1, 2000; (3) the program or software accepts and responds to year input, if any, in a manner that resolves any ambiguities as to century in a defined, predetermined, and appropriate manner; (4) the program or software stores and displays date information in ways that are unambiguous as to the determination of the century; and (5) leap years will be determined by the following standard (A) if dividing the year by 4 yields an integer, it is a leap year, except for years ending in 00, but (B) a year ending in 00 is a leap year if dividing it by 400 yields an integer. 2.10
Appears in 1 contract