{"component": "clause", "props": {"groups": [{"samples": [{"hash": "gDHLqLm8S0d", "uri": "/contracts/gDHLqLm8S0d#disqualification", "label": "Management Agreement (Liberty Variable Investment Trust)", "score": 18.0, "published": true}, {"hash": "cn6XUEWxW19", "uri": "/contracts/cn6XUEWxW19#disqualification", "label": "Management Agreement (Columbia Funds Variable Insurance Trust)", "score": 18.0, "published": true}, {"hash": "cfvd86OX5HV", "uri": "/contracts/cfvd86OX5HV#disqualification", "label": "Management Agreement (Liberty Variable Investment Trust)", "score": 18.0, "published": true}], "snippet": "The Manager shall immediately notify the Trustees of the occurrence of any event which would disqualify the Manager from serving as an investment adviser of an investment company pursuant to Section 9(a) of the Investment Company Act or any other applicable statute or regulation.", "snippet_links": [{"key": "the-manager", "type": "definition", "offset": [0, 11]}, {"key": "the-trustees-of-the", "type": "clause", "offset": [37, 56]}, {"key": "investment-adviser", "type": "definition", "offset": [135, 153]}, {"key": "an-investment-company", "type": "clause", "offset": [157, 178]}, {"key": "pursuant-to-section", "type": "clause", "offset": [179, 198]}, {"key": "investment-company-act", "type": "definition", "offset": [211, 233]}, {"key": "applicable-statute", "type": "clause", "offset": [247, 265]}], "size": 18, "hash": "196d8789d4f62a3dbd0d24db9ba933a7", "id": 2}, {"samples": [{"hash": "inwps0TJ3DS", "uri": "/contracts/inwps0TJ3DS#disqualification", "label": "Investment Advisory Agreement (CRM Mutual Fund Trust)", "score": 28.8206710815, "published": true}, {"hash": "bnnXCZWExVY", "uri": "/contracts/bnnXCZWExVY#disqualification", "label": "Investment Advisory Contract (Wilmington Funds)", "score": 21.6557159424, "published": true}, {"hash": "erjRGbpJpte", "uri": "/contracts/erjRGbpJpte#disqualification", "label": "Investment Advisory Agreement (Empyreal Investment Trust)", "score": 21.0862426758, "published": true}], "snippet": "The Adviser shall immediately notify the Trustees of the occurrence of any event which would disqualify the Adviser from serving as an investment adviser of an investment company pursuant to Section 9 of the 1940 Act or any other applicable statute or regulation.", "snippet_links": [{"key": "the-adviser", "type": "clause", "offset": [0, 11]}, {"key": "the-trustees-of-the", "type": "clause", "offset": [37, 56]}, {"key": "investment-adviser", "type": "definition", "offset": [135, 153]}, {"key": "an-investment-company", "type": "clause", "offset": [157, 178]}, {"key": "section-9-of-the-1940-act", "type": "clause", "offset": [191, 216]}, {"key": "applicable-statute", "type": "clause", "offset": [230, 248]}], "size": 47, "hash": "33a3da3a45d7c5560ba0e2b7d2807c25", "id": 1}, {"samples": [{"hash": "bbNZXMvjXZH", "uri": "/contracts/bbNZXMvjXZH#disqualification", "label": "Director Advisory Agreement (Mitesco, Inc.)", "score": 32.9685134888, "published": true}, {"hash": "6lctxangvEm", "uri": "/contracts/6lctxangvEm#disqualification", "label": "Director Advisory Agreement (Mitesco, Inc.)", "score": 32.9685134888, "published": true}, {"hash": "iNXU34VMm9N", "uri": "/contracts/iNXU34VMm9N#disqualification", "label": "Board of Directors Advisory Agreement (True Nature Holding, Inc.)", "score": 31.0123195648, "published": true}], "snippet": "Board Member represents and warrants to the company that Board Member does not have any \u201cbad actor\u201d disqualification set forth in Rule 506 (d) of Regulation D under the Securities Act of 1933. Board Member acknowledges that Board Member\u2019s representation set forth in this Section 9.3 was a condition precedent to the Company entering into this Agreement. The Board Member further agrees to complete a Director and Officer Insurance Questionnaire upon request in a timely manner for review and acceptance by the Company. The Board Member further understands completion and acceptance of the Director and Officer Insurance Questionnaire in a timely manner with truthful data is a condition of this this agreement.", "snippet_links": [{"key": "board-member", "type": "clause", "offset": [0, 12]}, {"key": "to-the-company", "type": "clause", "offset": [37, 51]}, {"key": "bad-actor", "type": "definition", "offset": [89, 98]}, {"key": "rule-506", "type": "definition", "offset": [130, 138]}, {"key": "regulation-d", "type": "clause", "offset": [146, 158]}, {"key": "securities-act-of-1933", "type": "clause", "offset": [169, 191]}, {"key": "section-93", "type": "clause", "offset": [272, 283]}, {"key": "condition-precedent", "type": "definition", "offset": [290, 309]}, {"key": "entering-into-this-agreement", "type": "clause", "offset": [325, 353]}, {"key": "the-board", "type": "clause", "offset": [355, 364]}, {"key": "agrees-to", "type": "clause", "offset": [380, 389]}, {"key": "director-and-officer-insurance", "type": "clause", "offset": [401, 431]}, {"key": "upon-request", "type": "clause", "offset": [446, 458]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [459, 477]}, {"key": "acceptance-by-the-company", "type": "clause", "offset": [493, 518]}, {"key": "the-director", "type": "clause", "offset": [586, 598]}, {"key": "condition-of", "type": "clause", "offset": [678, 690]}], "size": 10, "hash": "4b83dd58dcc5e63a050d759c8831edbe", "id": 7}, {"samples": [{"hash": "gp4ZSBHVeZt", "uri": "/contracts/gp4ZSBHVeZt#disqualification", "label": "Investment Advisory Agreement (Manager Directed Portfolios)", "score": 31.4900760651, "published": true}, {"hash": "b4aL6KxdV72", "uri": "/contracts/b4aL6KxdV72#disqualification", "label": "Investment Advisory Agreement (Manager Directed Portfolios)", "score": 31.2655715942, "published": true}, {"hash": "1iwrnDKWYDt", "uri": "/contracts/1iwrnDKWYDt#disqualification", "label": "Investment Advisory Agreement (Manager Directed Portfolios)", "score": 29.8227233887, "published": true}], "snippet": "The Adviser shall immediately notify the Board of the occurrence of any event which would disqualify the Adviser from serving as an investment adviser of an investment company pursuant to Section 9 of the 1940 Act or any other applicable statute or regulation.", "snippet_links": [{"key": "the-adviser", "type": "clause", "offset": [0, 11]}, {"key": "the-board-of", "type": "clause", "offset": [37, 49]}, {"key": "investment-adviser", "type": "definition", "offset": [132, 150]}, {"key": "an-investment-company", "type": "clause", "offset": [154, 175]}, {"key": "section-9-of-the-1940-act", "type": "clause", "offset": [188, 213]}, {"key": "applicable-statute", "type": "clause", "offset": [227, 245]}], "size": 16, "hash": "d0c3b7e5ec838091bc4da27f40faa6cc", "id": 4}, {"samples": [{"hash": "leTaGhiYE6c", "uri": "/contracts/leTaGhiYE6c#disqualification", "label": "Securities Purchase Agreement (Comstock Inc.)", "score": 36.0335388184, "published": true}, {"hash": "FhOJNgD5pw", "uri": "/contracts/FhOJNgD5pw#disqualification", "label": "Securities Purchase Agreement (SANUWAVE Health, Inc.)", "score": 35.4695396423, "published": true}, {"hash": "gVjsMzrIQ1e", "uri": "/contracts/gVjsMzrIQ1e#disqualification", "label": "Securities Purchase Agreement (SANUWAVE Health, Inc.)", "score": 35.0643386841, "published": true}], "snippet": "No executive officer, member of the Board of Directors of the Company or shareholder of the Company beneficially owning more than 10% of the Company\u2019s securities is currently subject to a Disqualifying Event. For purposes of this Agreement, \u201cDisqualifying Event\u201d means any conviction, order, judgment, decree, suspension, expulsion, event or other matter set out in Rule 506(d)(1)(i) through (viii) of Regulation D that is currently in effect or which occurred within the periods set out in Rule 506(d)(1)(i) through (viii).", "snippet_links": [{"key": "executive-officer", "type": "definition", "offset": [3, 20]}, {"key": "board-of-directors-of-the-company", "type": "definition", "offset": [36, 69]}, {"key": "beneficially-owning", "type": "definition", "offset": [100, 119]}, {"key": "subject-to", "type": "definition", "offset": [175, 185]}, {"key": "disqualifying-event", "type": "clause", "offset": [188, 207]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [209, 239]}, {"key": "other-matter", "type": "clause", "offset": [342, 354]}, {"key": "set-out", "type": "definition", "offset": [355, 362]}, {"key": "regulation-d", "type": "clause", "offset": [402, 414]}, 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"definition", "offset": [51, 64]}, {"key": "beneficial-ownership-of-company-securities", "type": "clause", "offset": [65, 107]}, {"key": "subject-to", "type": "definition", "offset": [112, 122]}, {"key": "bad-actor", "type": "definition", "offset": [135, 144]}, {"key": "under-the-act", "type": "clause", "offset": [205, 218]}], "size": 12, "hash": "f051ddbcb5d3c6403ff0c59c750a1257", "id": 6}, {"samples": [{"hash": "cTLlrCKW7UP", "uri": "/contracts/cTLlrCKW7UP#disqualification", "label": "Shares Purchase Agreement (Fresh2 Group LTD)", "score": 35.2286109924, "published": true}, {"hash": "1Rw9ImTKylu", "uri": "/contracts/1Rw9ImTKylu#disqualification", "label": "Shares Purchase Agreement (Fresh2 Group LTD)", "score": 35.2286109924, "published": true}, {"hash": "bWhtb4BGHGi", "uri": "/contracts/bWhtb4BGHGi#disqualification", "label": "Shares Purchase Agreement (Fresh2 Group LTD)", "score": 34.4510612488, "published": true}], "snippet": "The Company is not disqualified from relying on Rule 506 for any of the reasons stated in Rule 506(d) in connection with the issuance and sale of the Securities to the Investor.", "snippet_links": [{"key": "the-company", "type": "definition", "offset": [0, 11]}, {"key": "rule-506", "type": "definition", "offset": [48, 56]}, {"key": "in-connection-with", "type": "clause", "offset": [102, 120]}, {"key": "issuance-and-sale-of-the-securities", "type": "clause", "offset": [125, 160]}, {"key": "the-investor", "type": "clause", "offset": [164, 176]}], "size": 8, "hash": "8b4687a9429634514e639baee18ebff0", "id": 10}, {"samples": [{"hash": "6EHi0D6biBQ", "uri": "/contracts/6EHi0D6biBQ#disqualification", "label": "Memorandum of Understanding", "score": 36.5181388855, "published": true}, {"hash": "2wHGV9fpiqh", "uri": "/contracts/2wHGV9fpiqh#disqualification", "label": "Memorandum of Understanding", "score": 35.2350921631, "published": true}, {"hash": "fvutw7hD3VM", "uri": "/contracts/fvutw7hD3VM#disqualification", "label": "Memorandum of Understanding", "score": 34.5167694092, "published": true}], "snippet": "Applicants may be disqualified during an examination by the Personnel Officer for any of the reasons listed in Section 45200 of the Government Code of the State of California and the following:\n(a) Possession of unauthorized materials, devices or anything of use or assistance in the examination;\n(b) Copying the work of another applicant or reviewing examination sheets prior to commencement of the examination;\n(c) Arrival at the place of examination after the starting time.", "snippet_links": [{"key": "personnel-officer", "type": "clause", "offset": [60, 77]}, {"key": "government-code", "type": "definition", "offset": [132, 147]}, {"key": "the-state-of-california", "type": "clause", "offset": [151, 174]}, {"key": "possession-of", "type": "clause", "offset": [198, 211]}, {"key": "unauthorized-materials", "type": "definition", "offset": [212, 234]}, {"key": "assistance-in", "type": "definition", "offset": [266, 279]}, {"key": "the-examination", "type": "clause", "offset": [280, 295]}, {"key": "the-work", "type": "clause", "offset": [309, 317]}, {"key": "commencement-of-the", "type": "clause", "offset": [380, 399]}, {"key": "place-of", "type": "clause", "offset": [432, 440]}, {"key": "starting-time", "type": "definition", "offset": [463, 476]}], "size": 14, "hash": "9da23592177a31e669556576a247ca7f", "id": 5}, {"samples": [{"hash": "57UkM1ZbRAC", "uri": "/contracts/57UkM1ZbRAC#disqualification", "label": "Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp)", "score": 19.0, "published": true}, {"hash": "wH6Jj7IfWN", "uri": "/contracts/wH6Jj7IfWN#disqualification", "label": "Employee Stock Ownership Plan and Trust Agreement (Citizens Bancorp)", "score": 18.0, "published": true}, {"hash": "e3BWZKfbPqo", "uri": "/contracts/e3BWZKfbPqo#disqualification", "label": "Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp)", "score": 18.0, "published": true}], "snippet": "The fact that any member of the Committee is a Director, shareholder or officer of a Company or a Participant or Beneficiary shall not disqualify him from doing any act or thing which this Plan authorizes or requires him to do as a member of the Committee (except as otherwise provided in Section 7.3) or render him accountable for any allowance or distribution or other pecuniary or material profit or advantage received by him.", "snippet_links": [{"key": "the-fact", "type": "clause", "offset": [0, 8]}, {"key": "member-of-the-committee", "type": "definition", "offset": [18, 41]}, {"key": "a-director", "type": "definition", "offset": [45, 55]}, {"key": "officer-of-a-company", "type": "definition", "offset": [72, 92]}, {"key": "a-participant", "type": "definition", "offset": [96, 109]}, {"key": "this-plan", "type": "definition", "offset": [184, 193]}, {"key": "a-member-of-the", "type": "clause", "offset": [230, 245]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [257, 285]}, {"key": "section-73", "type": "clause", "offset": [289, 300]}, {"key": "received-by", "type": "definition", "offset": [413, 424]}], "size": 9, "hash": "2bf5c3bfd0cd94adc766a7ed17a5715e", "id": 8}, {"samples": [{"hash": "hmpjnCeFMCr", "uri": "/contracts/hmpjnCeFMCr#disqualification", "label": "Labor Agreement", "score": 24.1704311371, "published": true}, {"hash": "gxpPMIiNa79", "uri": "/contracts/gxpPMIiNa79#disqualification", "label": "Labor Agreement", "score": 23.3121147156, "published": true}, {"hash": "bA7QpZH8zr7", "uri": "/contracts/bA7QpZH8zr7#disqualification", "label": "Labor Agreement", "score": 22.0663928986, "published": true}], "snippet": "An employee laid off as defined in this Section who has not elected in writing to accept severance payment shall be disqualified from receiving such payment under the following conditions:\n(1) If the employee is deceased.\n(2) If the employee is hired for any position by an Employer:\na. If such employment requires a probationary period, upon successful completion of such period.\nb. If no probationary period is required, upon date of hire.\nc. If a probationary period is required and the employee does not successfully complete such required probationary period and is therefore separated, such time of employment shall be bridged for purposes of the time limits in Subsection C above.\n(3) An employee who refuses recall to or new State employment hiring within a seventy five (75) miles radius of the Agency from which he/she was laid off.\n(4) An employee permanently recalled to another job in State Government.", "snippet_links": [{"key": "employee-laid-off", "type": "clause", "offset": [3, 20]}, {"key": "in-writing", "type": "definition", "offset": [68, 78]}, {"key": "severance-payment", "type": "definition", "offset": [89, 106]}, {"key": "under-the-following-conditions", "type": "clause", "offset": [157, 187]}, {"key": "the-employee", "type": "clause", "offset": [196, 208]}, {"key": "an-employer", "type": "clause", "offset": [271, 282]}, {"key": "a-probationary", "type": "clause", "offset": [315, 329]}, {"key": "completion-of", "type": "definition", "offset": [354, 367]}, {"key": "no-probationary-period", "type": "clause", "offset": [387, 409]}, {"key": "date-of-hire", "type": "definition", "offset": [428, 440]}, {"key": "successfully-complete", "type": "definition", "offset": [508, 529]}, {"key": "required-probationary-period", "type": "clause", "offset": [535, 563]}, {"key": "time-of-employment", "type": "clause", "offset": [597, 615]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [633, 652]}, {"key": "time-limits", "type": "definition", "offset": [653, 664]}, {"key": "an-employee-who", "type": "clause", "offset": [692, 707]}, {"key": "recall-to", "type": "clause", "offset": [716, 725]}, {"key": "state-employment", "type": "clause", "offset": [733, 749]}, {"key": "the-agency", "type": "clause", "offset": [800, 810]}, {"key": "state-government", "type": "definition", "offset": [898, 914]}], "size": 8, "hash": "12919200293c99289efae1c6d4791ba9", "id": 9}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhlkaXNxdWFsaWZpY2F0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["", ""], ["scope", "Scope"], ["laboratory-services", "Laboratory Services"], ["contractor-obligations", "Contractor Obligations"], ["oer-response-team", "OER Response Team"]], "parents": [["obligations-of-and-services-to-be-provided-by-the-adviser", "OBLIGATIONS OF, AND SERVICES TO BE PROVIDED BY, THE ADVISER"], ["representations-and-warranties-of-the-company", "Representations and Warranties of the Company"], ["representations-and-warranties", "Representations and Warranties"], ["miscellaneous", "Miscellaneous"], ["intermittent-seasonal", "Intermittent/Seasonal"]], "title": "Disqualification", "size": 533, "id": "disqualification", "related": [["disqualification-of-s-1", "Disqualification of S-1", "<strong>Disqualification</strong> of S-1"], ["eligibility-disqualification", "Eligibility; Disqualification", "Eligibility; <strong>Disqualification</strong>"], ["disqualification-of-former-employees", "Disqualification of Former Employees", "<strong>Disqualification</strong> of Former Employees"], ["no-disqualification-events", "No Disqualification Events", "No <strong>Disqualification</strong> Events"], ["disqualification-of-form-s-1", "Disqualification of Form S-1", "<strong>Disqualification</strong> of Form S-1"]], "related_snippets": [], "updated": "2026-05-03T06:08:52+00:00", "also_ask": ["What are the most common grounds for disqualification and how can they be strategically narrowed or expanded?", "Which essential definitions and procedures must be included to ensure the clause is enforceable?", "What are the primary risks if the disqualification process is vague or overly broad?", "How does this disqualification clause compare to industry standards or statutory requirements?", "What factors do courts consider when determining if a disqualification clause is valid and not unconscionable?"], "drafting_tip": "Specify disqualification criteria to prevent ambiguity, outline procedures for enforcement to ensure fairness, and define appeal rights to protect due process.", "explanation": "The Disqualification clause defines the circumstances under which a party may be deemed ineligible to participate in a contract, agreement, or specific activity. Typically, this clause outlines specific criteria or actions\u2014such as breaches of law, conflicts of interest, or failure to meet certain standards\u2014that would result in a party's disqualification. For example, a contractor might be disqualified from bidding if they have a history of fraud or non-compliance with regulations. The core function of this clause is to protect the integrity of the agreement or process by ensuring that only qualified and compliant parties are allowed to participate, thereby reducing risk and maintaining fairness."}, "json": true, "cursor": ""}}