REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 1999 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 1999 Plan, to effect the 0000 Xxxxxxxxxxx pursuant to the 1999 Plan and (ii) is currently authorized to spend up to $5.0 Million on the 0000 Xxxxxxxxxxx pursuant to the 1999 Plan.
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REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 1999 1998 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 1999 1998 Plan, to effect the 0000 Xxxxxxxxxxx pursuant to the 1999 1998 Plan and (ii) is currently authorized to spend up to $5.0 2.5 Million on the 0000 Xxxxxxxxxxx pursuant to the 1999 1998 Plan.
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REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 1999 2001 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 1999 2001 Plan, to effect the 0000 2001 Xxxxxxxxxxx pursuant xxxsuant to the 1999 2001 Plan and (ii) is currently authorized to spend up to $5.0 6.8 Million on the 0000 2001 Xxxxxxxxxxx pursuant xxxsuant to the 1999 2001 Plan.
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REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 1999 2000 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 1999 2000 Plan, to effect the 0000 2000 Xxxxxxxxxxx pursuant xxxsuant to the 1999 2000 Plan and (ii) is currently authorized to spend up to $5.0 Million on the 0000 2000 Xxxxxxxxxxx pursuant xxxsuant to the 1999 2000 Plan.
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