XXXXXXX Xx Business Sample Clauses

XXXXXXX Xx Business. During the period from the date hereof (or earlier, as set forth below) through the Closing Date, the Sellers shall conduct the Business in the Ordinary Course of Business, and in such manner that would not result in a Material Adverse Effect on the Sellers. Without limiting the generality of, and in addition to, the foregoing, prior to the Closing Date, the Sellers shall not, except as the Purchaser may otherwise consent to in writing: (i) amend their respective certificates of incorporation or bylaws; (ii) authorize for issuance, issue, sell, deliver or agree or commit to issue, sell or deliver (whether through the issuance or granting or of options, warrants; commitments, subscriptions, rights to purchase or otherwise) any stock of any class or any other securities; (iii) incur or assume any Indebtedness other than in the Ordinary Course of Business (it being understood that entering into letters of credit providing payment for goods in transit or serving as security for vehicle leases is within the Ordinary Course of Business); (iv) assume, guarantee, endorse or otherwise become liable or responsible (whether directly, contingently or otherwise) for any obligations of any other Person; or (iii) make any loans, advances or capital contributions to, or investments in, any other Person (other than loans or advances to employees in the Ordinary Course of Business), except as would not have an adverse affect on, or change in, the ability of the Sellers, the Stockholder and Mr. Folz to consuxxxxx xxe transactions contemplated hereby; (v) other than in the Ordinary Course of Business, enter into, adopt or amend any bonus, profit sharing, compensation, severance, termination, stock option, stock appreciation right, restricted stock, performance unit, pension, retirement, deferred compensation, employment, severance or other employee benefit agreements, trusts, plans, funds or other arrangements of or for the benefit or welfare of any employee, increase in any manner the compensation or fringe benefits of any employee or pay any benefit not required by any existing plan and arrangement (including, without limitation, the granting of stock options, stock appreciation rights, shares of restricted stock or performance units), or terminate the employment of any employees whose aggregate compensation exceeds $200,000; (vi) acquire, sell, lease, transfer or dispose of any properties or assets except in the Ordinary Course of Business or enter into any material commit...

XXXXXXX Xx Business