Common use of Transactions with Directors, Officers and Affiliates Clause in Contracts

Transactions with Directors, Officers and Affiliates. Except as set forth in Section 4.35 of the Disclosure Schedules, there have been no transactions between or among Seller and any of its directors, officers, employees, stockholder or Affiliates, or any spouse or relative of such Person. To the Knowledge of Seller, none of the directors, officers, employees, Stockholders or Affiliates of Seller, or any spouse or relative of any of such Persons, has been a director or officer of, or has had any direct or indirect interest in, any Person with which Seller has had a Business relationship, including as a supplier, customer or sales representative of Seller or which has competed with or been engaged in any business of the kind being conducted by the Business or in connection with the Purchased Assets. Without limiting the generality of the foregoing, there have been no Contracts between or among Seller and any of its directors, officers, employees, Stockholders or Affiliates, or any spouse or relative of such Person, under which Seller (a) leases any real property (either to or from such Person), (b) licenses technology (either to or from such Person), (c) is obligated to purchase any tangible or intangible asset from, or sell such asset to, such Person, (d) purchases, products or services from such Person, (e) pays or receives commissions, rebates or other payments, or (f) provides or receives any other material benefit.

Transactions with Directors, Officers and Affiliates. Except as set forth in Section 4.35 of the Disclosure Schedules, there There have been no transactions between or among Seller and any of its directors, officers, employees, stockholder Stockholders or Affiliates, or any spouse or relative of such Person. To the Knowledge of Seller, none of the directors, officers, employees, Stockholders or Affiliates of Seller, or any spouse or relative of any of such Persons, has been a director or officer of, or has had any direct or indirect interest in, any Person with which Seller has had a Business relationship, including as a supplier, customer or sales representative of Seller or which has competed with or been engaged in any business of the kind being conducted by the Business or in connection with the Purchased Assets. Without limiting the generality of the foregoing, there have been no Contracts between or among Seller and any of its directors, officers, employees, Stockholders or Affiliates, or any spouse or relative of such Person, under which Seller (a) leases any real property (either to or from such Person), (b) licenses technology (either to or from such Person), (c) is obligated to purchase any tangible or intangible asset from, or sell such asset to, such Person, (d) purchases, products or services from such Person, (e) pays or receives commissions, rebates or other payments, or (f) provides or receives any other material benefit.

Transactions with Directors, Officers and Affiliates. Except as set forth in Section 4.35 of the Disclosure Schedules, there have been no transactions between or among Seller and any of its directors, officers, employees, stockholder Stockholder or Affiliates, or any spouse or relative of such Person. To the Knowledge of Seller, none of the directors, officers, employees, Stockholders Stockholder or Affiliates of Seller, or any spouse or relative of any of such Persons, has been a director or officer of, or has had any direct or indirect interest in, any Person with which Seller has had a Business relationship, including as a supplier, customer or sales representative of Seller or which has competed with or been engaged in any business of the kind being conducted by the Business or in connection with the Purchased Assets. Without limiting the generality of the foregoing, there have been no Contracts between or among Seller and any of its directors, officers, employees, Stockholders Stockholder or Affiliates, or any spouse or relative of such Person, under which Seller (a) leases any real property (either to or from such Person), (b) licenses technology (either to or from such Person), (c) is obligated to purchase any tangible or intangible asset from, or sell such asset to, such Person, (d) purchases, products or services from such Person, (e) pays or receives commissions, rebates or other payments, or (f) provides or receives any other material benefit.

Transactions with Directors, Officers and Affiliates. Except The Company is not a party to any agreement or arrangement with any of the directors, officers or shareholders of the Company or any Affiliate or family member of any of the foregoing under which they: (i) lease any real or personal property (either to or from such Person), (ii) license technology (either to or from such Person), (iii) are obligated to purchase any tangible or intangible asset from or sell such asset to such Person, (iv) purchase products or services from such Person, (v) pay or receive commissions, rebates or other payments or (vi) provide or receive any other material benefit, other than the payment of salaries and provision of employee benefits in connection with the employment or engagement of such individuals, the grant to such individuals of equity participation in the Company as reflected on Schedule 5.6, or as otherwise set forth in Section 4.35 on Schedule 5.23. The Company does not employ as an employee or engage as a consultant any family member of any of the Disclosure Schedules, there have been no transactions between or among Seller and any of its directors, officers, employees, stockholder officers or Affiliates, or any spouse or relative shareholders of such Personthe Company. To the Knowledge knowledge of Sellerthe Company, during the past three years none of the directors, officers, employees, Stockholders officers or Affiliates shareholders of Sellerthe Company, or any spouse or relative family member of any of such Persons, has been a director or officer of, or has had any direct or indirect interest in, any Person with which Seller during such period has had a Business relationship, including as been a supplier, customer or sales representative agent of Seller the Company or which has competed with or been engaged in any business of the kind being conducted by the Business or in connection with the Purchased AssetsCompany. Without limiting the generality Except as a shareholder of the foregoingCompany, there have been no Contracts between Affiliate of the Company owns or among Seller and has any rights in or to any of the assets, properties or rights used by the Company in the ordinary course of its directors, officers, employees, Stockholders or Affiliates, or any spouse or relative of such Person, under which Seller (a) leases any real property (either to or from such Person), (b) licenses technology (either to or from such Person), (c) is obligated to purchase any tangible or intangible asset from, or sell such asset to, such Person, (d) purchases, products or services from such Person, (e) pays or receives commissions, rebates or other payments, or (f) provides or receives any other material benefitbusiness.