IC's Representations and Warranties. IC to its knowledge represents and warrants to FRTI that to the extent material to this Agreement: (i) all software licenses and hardware that IC furnishes to FRTI were properly and legally obtained; (ii) all content and software delivered or furnished by IC to FRTI shall (a) conform to all current industry standards for Year 2000 compliance (the ability to successfully process dates both before, on and after January 1, 2000), and (b) be free from any virus, material error, disabling device, time bomb, or remote control mechanism that might, or might be utilized to, impede any of FRTI's operations, damage customers' computer systems environment or software in any respect, or compromise the integrity of any file information or data; (iii) IC has not done or omitted to do, nor will do or omit to do, any act or thing that would or might impair, encumber, or diminish FRTI's full use and enjoyment of the rights and privileges 17 granted and to be granted to FRTI under this Agreement, (iv) the IC Intellectual Properties shall comply with applicable professional standards and all applicable federal, state and local statutes and regulations which pertain to such information and materials and shall not infringe upon or violate the personal or property rights or any other rights of any person or entity (including, without limitation, the rights of patent, copyright, trademark, privacy and publicity), and (v) IC owns or has the right to license IC Intellectual Properties, including all copyrights where applicable, and has full legal right, power and authority to use, reuse, compile and arrange IC Intellectual Properties as contemplated under this Agreement.
