Common use of Company Shares Clause in Contracts

Company Shares. The Seller holds of record and owns beneficially -------------- the number of Shares of Company Stock set forth next to his name in (S)4(b) of the Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Taxes, Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Seller is not a party to any option, warrant, purchase right, or other contract or commitment that could require the Seller to sell, transfer, or otherwise dispose of any capital stock of the Company (other than this Agreement). The Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.

Company Shares. The Seller holds Sellers hold of record and owns own beneficially -------------- the number of Shares of Company Stock set forth next to his name in (S)4(b) all of the Disclosure Scheduleissued and outstanding Company Shares, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), claims, Taxes, Security Interestsmortgage, pledge, security interest, encumbrance, charge, other lien, options, warrants, purchase rights, contracts, calls, commitments, equities, claims, and demands. The Seller None of the Sellers is not a party to any option, warrant, purchase right, contract, call, put, or other contract agreement or commitment that could require providing for the Seller to sell, transfer, disposition or otherwise dispose acquisition of any capital stock of the Company (other 9other than this Agreement). The Seller None of the Sellers is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.. 3.1.5

Company Shares. The Seller holds of record and owns beneficially -------------- the number of Shares of Company Stock set forth next to his name in (S)4(b) all of the Disclosure ScheduleCompany Shares, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), TaxesTaxes (other than those taxes payable by Buyer, if any, in connection with the transfer of such Company Shares), Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Seller is not a party to any option, warrant, purchase right, or other contract or commitment that could require the Seller to sell, transfer, or otherwise dispose of any capital stock of the Company (other than this Agreement). The Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.

Company Shares. The Seller holds of record and owns beneficially -------------- --------------- the number of Shares of Company Stock set forth next to his name in (S)4(b) of the Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Taxes, Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Seller is not a party to any option, warrant, purchase right, or other contract or commitment that could require the Seller to sell, transfer, or otherwise dispose of any capital stock of the Company (other than this Agreement). The Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.

Company Shares. The Seller holds of record and owns beneficially -------------- the number of Company Shares of Company Stock set forth next to his name in (S)4(bSection 4(b) of the Disclosure Schedulebelow, free and clear of any restrictions on transfer (other than any restrictions under imposed by the Securities Act and state securities laws, which restrictions shall not prohibit or interfere with this proposed sale of Company Shares), Taxestaxes, Security Interests, options, warrants, purchase rights, contracts, or commitments, equities, claims, and demands. The Neither Seller Entity is not a party to any option, warrant, purchase right, or other contract or commitment that could require the Seller to sell, transfer, or otherwise dispose of any capital stock of the Company (other than this Agreement). The Neither Seller Entity is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.

Company Shares. The Each Seller holds of record and owns beneficially -------------- the number of Company Shares of Company Stock set forth next to his name in (S)4(bSection 4(b) of the Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Taxes, Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Seller None of the Sellers is not a party to any option, warrant, purchase right, or other contract or commitment that could require the any Seller to sell, transfer, or otherwise dispose of any capital stock of the Company (other than this Agreement). The Seller None of the Sellers is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company. Each Seller is solvent.

Company Shares. The Seller Each of the Sellers holds of record and owns beneficially -------------- the number of Company Shares of Company Stock set forth next to his name in (S)4(bSection 4(b) of the Company Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Taxes, Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Seller Neither of the Sellers is not a party to any option, warrant, purchase right, or other contract or commitment that could require the such Seller to sell, transfer, or otherwise dispose of any capital stock of the Company (other than this Agreement). The Seller Neither of the Sellers is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.