REPRESENTATIONS AND WARRANTIES OF SELLER AND SELLING. SHAREHOLDERS 12 Section 3.1 Organization and Power; Stock Ownership 13 Section 3.2 Authorization 13 Section 3.3 Approvals 13 Section 3.4 Non-Contravention 13 Section 3.5 Binding Effect 13 Section 3.6 Financial Statements 14 Section 3.7 Title 14 Section 3.8 Transferred Assets 14 Section 3.9 Compliance With Laws 14 Section 3.10 Litigation and Claims 15 Section 3.11 Undisclosed Liabilities 15 Section 3.12 Intellectual Property 15 Section 3.13 Adequacy of Technical Documentation 18 Section 3.14 Intellectual Property Rights Granted to Seller 18 Section 3.15 Third-Party Interests in Intellectual Property 18 Section 3.16 Major Vendors and Customers 19 Section 3.17 Assumed Contracts 19 Section 3.18 Warranties 20 Section 3.19 Taxes 20 Section 3.20 Employment Matters 21 Section 3.21 Employee Benefits 22 Section 3.22 Leased Real Property 24 Section 3.23 Environmental Matters 26 Section 3.24 Insurance 26 Section 3.25 Subsequent Changes 26 Section 3.26 Related-Party Transactions 27 Section 3.27 Inventory 28 Section 3.28 Finders’ Fees 28 Section 3.29 Disclosure 28 2
REPRESENTATIONS AND WARRANTIES OF SELLER AND SELLING. SHAREHOLDERS Section 7.1
