Common use of Subsidiary Operations Clause in Contracts

Subsidiary Operations. Except for the subsidiaries listed in Schedule 2 to this Agreement, no subsidiary of the Company since the date of such subsidiary’s respective incorporation has (a) owned any assets, carried on any business or conducted any operations other than the holding of equity securities of the Deciphera Pharmaceuticals, LLC (the “LLC”), (b) is and has ever been a party to or otherwise bound by any contract to which the Company or the LLC is not a party, (c) does not currently have and has never had any employees or independent contractors, and (d) does not have any subsidiaries or investments.

Subsidiary Operations. Except for the subsidiaries listed in Schedule 2 to this AgreementLLC, (a) no subsidiary of the Company since the date of such subsidiary’s respective incorporation has (a) incorporation, owned any assets, carried on any business or conducted any operations other than the holding of equity securities of the Deciphera Pharmaceuticals, LLC (the “LLC”), (b) is and has ever been a party to or otherwise bound by any contract to which the Company or the LLC is not a party, (c) does not currently have and has never had any employees or independent contractors, and (d) does not have any subsidiaries or investments.

Subsidiary Operations. Except for the subsidiaries listed in Schedule 2 to this Agreement, no significant subsidiary of the Company since the date of such subsidiary’s respective incorporation has (a) owned any assets, carried on any business or conducted any operations other than the holding of equity securities of the Deciphera Pharmaceuticals, LLC (the “LLC”), (b) is and has ever been a party to or otherwise bound by any contract to which the Company or the LLC is not a party, (c) does not currently have and has never had any employees or independent contractors, and (d) does not have any subsidiaries or investments.