Additional Covenants and Agreements of the Parties. 6.1 IMPLEMENTATION TEAM. The Parties will form a team (the "Implementation Team") to oversee the activities contemplated by this Agreement. The Implementation Team will be comprised of three (3) members from each Party. Each Party will appoint a member representing each of manufacturing, marketing/sales and regulatory. Either Party may change its representative(s) on the Implementation Team at any time by providing prior written notice to the other Party. Unless otherwise agreed to by the Parties, after the Closing Date, the Implementation Team will meet (in person or by telephone or video conference) at least one (1) time each Calendar Quarter upon no less than thirty (30) days prior written notice from one Party to the other to discuss any matters arising out of a Party's performance (or non- performance) of its obligations under this Agreement. The Implementation Team will initially be responsible for creating detailed operational plans for the transition contemplated by this Agreement; provided, however, that the activities contemplated by the foregoing will not take place until after the Closing Date to the extent doing so would be in violation of Applicable Law. The detailed operational plans will include a time line and clear understanding of roles and responsibilities contemplated by this Agreement. The Implementation Team will also have responsibility for coordinating effective communication of progress and issues that arise between the Parties. Special meetings of the Implementation Team may be called by either Party upon no less than thirty (30) days' prior written notice to the other Party, which notice must be accompanied by a written agenda of items to be discussed at such special meeting.
Additional Covenants and Agreements of the Parties. 4.1. Resale of Securities
Additional Covenants and Agreements of the Parties. 85 5.1 Registration Statement; Joint Proxy Statement/Prospectus ....................................85 5.2 Merger Partner Stockholders’ Meeting .....................................................................86
Additional Covenants and Agreements of the Parties. 15 4.1 Filing with Securities and Exchange Commission.......................................... 15 4.2
Additional Covenants and Agreements of the Parties. 6.1. Conduct of the Business of the Company. Except as -------------------------------------- expressly contemplated by this Agreement or as set forth in the Company Disclosure Schedule, during the period from the date of this Agreement to the Effective Time: (i) the Company will, and will cause each of its Subsidiaries to, conduct its business only in, and the Company will not take, and will cause each of its Subsidiaries not to take, any action except in, the ordinary course consistent with past practice, (ii) the Company will not, and the Company will cause each of its Subsidiaries not to, enter into any material transaction other than in the ordinary course of business consistent with past practice and (iii) to the extent consistent with the foregoing, with no less diligence and effort than would be applied in the absence of this Agreement, the Company will, and will cause each of its Subsidiaries to, preserve intact its current business organizations and reputation, keep available the service of its current officers and employees, preserve its relationships with customers, suppliers and others having business dealings with it with the objective that their goodwill and ongoing businesses shall be unimpaired at the Effective Time and comply in all material respects with all Laws and Orders of all Governmental Bodies or regulatory authorities applicable to it. Without limiting the generality of the foregoing and except as otherwise expressly permitted in this Agreement, prior to the Effective Time, the Company will not and will not permit any of its Subsidiaries to, without the prior written consent of the Purchaser (except to the extent set forth in the Company Disclosure Schedule):
Additional Covenants and Agreements of the Parties. 7.1 No liability shall result from delay in performance in whole or in part hereunder by the occurrence of a contingency, the nonoccurrence of which is basic assumption on which this Agreement is made, including, but not limited to, acts of God, fire, flood, accident, riot, war, sabotage, strike, labor trouble, supply shortage or embargo. If any such circumstances affect only a part of Nastech's capacity tp perform, quantities affected by this section may, at the option of either party, be eliminated from the Agreement without liability, but the Agreement shall remain otherwise unaffected. A party shall be excused from performance under this Agreement to the extent that and for so long as such performance is substantially hindered or prevented by causes beyond its reasonable control; provided, however, that this Section shall not be construed to excuse performance unless prompt written notice of such inability tom xxxform is given to the other party.
Additional Covenants and Agreements of the Parties. 41 6.1. Conduct of the Business of eShare...................................41 6.2. Conduct of the Business of Melita...................................44 6.3. No Solicitation; Transaction Moratorium.............................47 6.4.
Additional Covenants and Agreements of the Parties. 6.1. Conduct of the Business of eShare. Except with the prior written consent of Melita or as expressly contemplated by this Agreement, during the period from the date of this Agreement to the Effective Time: (i) eShare will conduct its business only in, and eShare will not take any action except in, the ordinary course consistent with past practice, (ii) eShare will not enter into any material transaction other than in the ordinary course of business consistent with past practice and (iii) to the extent consistent with the foregoing, with no less diligence and effort than would be applied in the absence of this Agreement, eShare will preserve intact its current business organizations and reputation, keep available the service of its current officers and employees, preserve its relationships with customers, suppliers and others having business dealings with it with the objective that their goodwill and ongoing businesses shall be unimpaired at the Effective Time and comply in all material respects with all Laws and Orders of all Governmental Bodies or regulatory authorities applicable to it. Without limiting the generality of the foregoing and except as otherwise expressly permitted in this Agreement, prior to the Effective Time, eShare will not, without the prior written consent of Melita (except to the extent set forth in the eShare Disclosure Schedule):
Additional Covenants and Agreements of the Parties. 4.1. Filing with Securities and Exchange Commission. The parties recognize that Commodore will be required to report the Transactions to the SEC on Form 8-K, and agree to cooperate in the preparation and filing of such report or any other filings to be filed with the SEC.
Additional Covenants and Agreements of the Parties. 49 6.1. Conduct of the Business of the Company........................ 49 6.2. Conduct of the Business of the Purchaser...................... 53 6.3. No Solicitation; Transaction Moratorium....................... 57 6.4.
