Common use of Certain Agreements of Officers and Employees Clause in Contracts

Certain Agreements of Officers and Employees. (a) To the best of the Company's knowledge and belief, after due inquiry, no employee of the Company is, or is now expected to be, in violation of any term of any employment contract, patent disclosure agreement, non-competition agreement, or any other contract or agreement or any restrictive covenant relating to the right of any such employee to be employed by the Company because of the nature of the business conducted or to be conducted by the Company or as a result of the use of trade secrets or proprietary information of others, and to the best of the Company's knowledge and belief, the continued employment of the Company's employees does not subject the Company or the Purchasers to any liability with respect to the foregoing.

Appears in 3 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Sitara Networks Inc), Convertible Preferred Stock Purchase Agreement (Sitara Networks Inc), Sitara Networks Inc

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Certain Agreements of Officers and Employees. (a) To the best of the Company's knowledge and belief, after due inquiry, no No officer or key employee of the Company is, or is now expected to be, in violation of any term of any employment contract, patent disclosure agreement, non-competition proprietary information agreement, noncompetition agreement, nonsolicitation agreement, or any other contract or agreement or any restrictive covenant relating to the right of any such officer or employee to be an employee, to be employed by the Company Company, or because of the nature of the business conducted or proposed to be conducted by the Company or as a result of relating to the use of trade secrets or proprietary information of others, and to the Sellers' best of the Company's knowledge and belief, the continued employment of the Company's officers and employees does not subject the Company or the Purchasers Purchaser to any liability with respect to any of the foregoingforegoing matters.

Appears in 1 contract

Samples: Exhibit 5 Stock Purchase Agreement (Public Service Co of Oklahoma)

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