Common use of Certain Acts Prohibited Clause in Contracts

Certain Acts Prohibited. Except as expressly contemplated by this Agreement or for purposes in furtherance of this Agreement, between the date of this Agreement and the Closing Date, neither party will, without the consent of the other: (1) amend its Articles of Incorporation or other incorporation documents; (2) incur any liability or obligation other than in the ordinary course of business or encumber or permit the encumbrance of any properties or assets of Emerald except in the ordinary course of business; (3) dispose of or contract to dispose of any Emerald property or assets, including the Intellectual Property Assets, except in the ordinary course of business consistent with past practice; (4) issue, deliver, sell, pledge or otherwise encumber or subject to any lien any shares of the Emerald Common Stock, or any rights, warrants or options to acquire, any such shares, voting securities or convertible securities; (5) declare, set aside or pay any dividends on, or make any other distributions in respect of the Emerald Common Stock, or (6) split, combine or reclassify its equity; or (7) not materially increase benefits or compensation expenses of Emerald, other than as contemplated by the terms of any employment agreement in existence on the date of this Agreement, increase the cash compensation of any director, executive officer or other key employee or pay any benefit or amount not required by a plan or arrangement as in effect on the date of this Agreement to any such person.