Common use of Transactions with Management Clause in Contracts

Transactions with Management. Except as disclosed in the Seller Disclosure Schedule, no executive officer or director of the Seller has (whether directly or indirectly through another entity in which such person has an interest, other than as the holder of less that 1% of a class of securities of a publicly traded company) any interest in (i) any property or assets of the Seller (except as a shareholder), (ii) any current competitor, customer or supplier of the Seller or (iii) any person which is currently a party to any material contract or agreement with the Seller.

Transactions with Management. Except as disclosed in the Seller Disclosure Schedule, no No director or executive officer or director of the Seller has (whether directly or indirectly through another entity in which such person has an interest, other than as the holder of less that 1% of a class of securities of a publicly traded company) any interest in Seller: (i) has any property contractual relationship with the Business, the liabilities under which are not reflected in the Financial Statements, or assets of the Seller (except as a shareholder), Interim Financial Statements; (ii) has any current competitordirect or indirect interest in any right, customer property or supplier of asset which is used in the Seller Business; or (iii) any person which is currently owns a party to material amount of securities of, or has any material contract direct or agreement indirect interest in, any entity which does business with the SellerBusiness.

Transactions with Management. Except as disclosed in the Seller Disclosure Schedule, no No executive officer or director of the ---------------------------- Seller has (whether directly or indirectly through another entity in which such person has an interest, other than as the holder of less that 1% of a class of securities of a publicly traded company) any interest in (ia) any property or assets of the Seller (except as a shareholder), (iib) any current competitor, customer or supplier of the Seller Seller, or (iiic) any person which is currently a party to any material contract or agreement with the Seller.

Transactions with Management. Except as disclosed in the Seller Disclosure Schedule, no No executive officer or director of the Seller has (whether directly or indirectly through another entity in which such person has an a material interest, other than as the holder of less that 1than 2% of a class of securities of a publicly traded company) any material interest in (ia) any property or assets of the Seller (except as a shareholderstockholder), (iib) any current competitor, customer customer, supplier or supplier agent of the Seller or a Seller Subsidiary or (iiic) any person which is currently a party to any material contract or agreement with the SellerSeller or a Seller Subsidiary.