{"component": "clause", "props": {"groups": [{"size": 680, "samples": [{"hash": "eFyRgE0B1tT", "uri": "/contracts/eFyRgE0B1tT#material-contracts", "label": "Business Combination Agreement (Transocean Ltd.)", "score": 37.117729187, "published": true}, {"hash": "772BgE4RIvG", "uri": "/contracts/772BgE4RIvG#material-contracts", "label": "Business Combination Agreement (Mohn Frederik Wilhelm)", "score": 37.1122512817, "published": true}, {"hash": "6gjGzpRCUqL", "uri": "/contracts/6gjGzpRCUqL#material-contracts", "label": "Business Combination Agreement (Transocean Ltd.)", "score": 37.1095123291, "published": true}], "snippet": "Transocean has made available to Valaris, true and complete copies (including all material amendments, modifications, extensions or renewals with respect thereto) of each of the following Transocean Material Contracts to which Transocean or a Transocean Subsidiary is a party or bound as of the Agreement Date:\n(a) each Contract containing any non-compete or similar type of provision that materially restricts the ability of Transocean or any Transocean Subsidiary (including Valaris and the Valaris Subsidiaries following the Effective Time) to (A) compete in any line of business or geographic area or with any Person during any period of time after the Effective Time or (B) make, sell or distribute any products or services, or use, transfer or distribute, or enforce any of their rights with respect to, any of their material assets or properties;\n(b) each Contract that creates, evidences, provides commitments in respect of, secures or guarantees (A) indebtedness for borrowed money of Transocean or a Transocean Subsidiary in any amount in excess of $100 million or (B) other than in the ordinary course of business, other indebtedness of Transocean or a Transocean Subsidiary (whether incurred, assumed, guaranteed or secured by any asset) in excess of $$100 million other than agreements solely between or among Transocean and a Transocean Subsidiary; and\n(c) any acquisition or divestiture Contract that contains \u201cearn out\u201d or other contingent payment obligations, or remaining indemnity or similar obligations (other than customary indemnity obligations with respect to the post-closing ownership and operation of acquired assets), that would reasonably be expected to result in earn out payments, contingent payments or other similar obligations to a third party. Neither Transocean nor any Transocean Subsidiary is in breach of, or default under the terms of, and, to the knowledge of Transocean, no other party to any Transocean Material Contract is in breach of, or default under the terms of, any Transocean Material Contract, nor is any event of default (or similar term) continuing under any Transocean Material Contract, and, to the knowledge of Transocean, there does not exist any event, condition or omission that would constitute such a default, breach or event of default (or similar term) (whether by lapse of time or notice or both) under any Transocean Material Contract, in each case where such breach, default or event of default (or similar term) would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect in respect of Transocean.", "snippet_links": [{"key": "available-to", "type": "definition", "offset": [20, 32]}, {"key": "true-and-complete-copies", "type": "clause", "offset": [42, 66]}, {"key": "material-amendments", "type": "definition", "offset": [82, 101]}, {"key": "a-party", "type": "clause", "offset": [268, 275]}, {"key": "agreement-date", "type": "definition", "offset": [295, 309]}, {"key": "any-non", "type": "clause", "offset": [340, 347]}, {"key": "type-of", "type": "definition", "offset": [367, 374]}, {"key": "following-the-effective-time", "type": "clause", "offset": [514, 542]}, {"key": "line-of-business", "type": "definition", "offset": [566, 582]}, {"key": "geographic-area", "type": "clause", "offset": [586, 601]}, {"key": "any-person", "type": "definition", "offset": [610, 620]}, {"key": "period-of-time", "type": "clause", "offset": [632, 646]}, {"key": "after-the-effective-time", "type": "clause", "offset": [647, 671]}, {"key": "products-or-services", "type": "clause", "offset": [708, 728]}, {"key": "with-respect-to", "type": "clause", "offset": [793, 808]}, {"key": "assets-or-properties", "type": "definition", "offset": [832, 852]}, {"key": "in-respect-of", "type": "definition", "offset": [918, 931]}, {"key": "indebtedness-for-borrowed-money", "type": "clause", "offset": [959, 990]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1090, 1124]}, {"key": "indebtedness-of", "type": "definition", "offset": [1132, 1147]}, {"key": "acquisition-or-divestiture", "type": "definition", "offset": [1375, 1401]}, {"key": "contingent-payment-obligations", "type": "definition", "offset": [1445, 1475]}, {"key": "indemnity-obligations", "type": "definition", "offset": [1545, 1566]}, {"key": "the-post", "type": "clause", "offset": [1583, 1591]}, {"key": "operation-of", "type": "definition", "offset": [1614, 1626]}, {"key": "acquired-assets", "type": "definition", "offset": [1627, 1642]}, {"key": "contingent-payments", "type": "definition", "offset": [1711, 1730]}, {"key": "a-third-party", "type": "clause", "offset": [1763, 1776]}, {"key": "breach-of", "type": "definition", "offset": [1833, 1842]}, {"key": "default-under", "type": "clause", "offset": [1847, 1860]}, {"key": "terms-of", "type": "definition", "offset": [1865, 1873]}, {"key": "knowledge-of", "type": "definition", "offset": [1887, 1899]}, {"key": "other-party", "type": "definition", "offset": [1915, 1926]}, {"key": "a-default", "type": "definition", "offset": [2260, 2269]}, {"key": "lapse-of-time", "type": "clause", "offset": [2328, 2341]}, {"key": "each-case", "type": "definition", "offset": [2404, 2413]}, {"key": "default-or-event-of-default", "type": "clause", "offset": [2433, 2460]}, {"key": "in-the-aggregate", "type": "definition", "offset": [2533, 2549]}, {"key": "material-adverse-effect", "type": "definition", "offset": [2553, 2576]}], "hash": "99ca8130410c0f53349af475c9f2fc56", "id": 1}, {"size": 409, "samples": [{"hash": "cafNVc9YIHh", "uri": "/contracts/cafNVc9YIHh#material-contracts", "label": "Merger Agreement (Furneaux Carol)", "score": 34.4483222961, "published": true}, {"hash": "k2e33wQsjy3", "uri": "/contracts/k2e33wQsjy3#material-contracts", "label": "Merger Agreement (Lewis & Clark Ventures I, LP)", "score": 34.4318962097, "published": true}, {"hash": "iknWToae9MH", "uri": "/contracts/iknWToae9MH#material-contracts", "label": "Merger Agreement (Sagrera Ricardo A.)", "score": 34.4318962097, "published": true}], "snippet": "(a) Section 3.13(a) of the Company Disclosure Schedule contains a listing of all Contracts described in clauses (i) through (xiii) below to which, as of the date of this Agreement, the Company or its Subsidiaries is a party or by which they are bound, other than a Company Benefit Plan, and that are not expired or have not been terminated and not including any Contracts pursuant to which the Company has with no material outstanding or executory obligations or Liabilities (such Contracts as are required to be set forth on Section 3.13(a) of the Company Disclosure Schedule, the \u201cMaterial Contracts\u201d). True, correct and complete copies of the Contracts listed on Section 3.13(a) of the Company Disclosure Schedule have previously been made available to Parent or its agents or representatives, together with all amendments thereto):\n(i) any Contract relating to Indebtedness for borrowed money of the Company or its Subsidiaries or to the placing of a Lien (other than a Permitted Lien) on any material assets or properties of the Company or its Subsidiaries;\n(ii) any Contract under which the Company or its Subsidiaries is lessee of or holds or operates, in each case, any tangible property (other than real property), owned by any other Person, except for any lease or agreement under which the aggregate annual rental payments do not exceed $500,000;\n(iii) any Contract under which the Company or its Subsidiaries is lessor of or permits any third party to hold or operate, in each case, any tangible property (other than real property), owned or controlled by the Company or its Subsidiaries, except for any lease or agreement under which the aggregate annual rental payments do not exceed $200,000;\n(iv) any (A) joint venture, profit-sharing, partnership, collaboration, co-promotion, commercialization or research or development Contract, or similar Contract, in each case, which requires, or would reasonably be expected to require (based on any occurrence, development, activity or event contemplated by such Contract), aggregate payments to or from the Company or its Subsidiaries in excess of $1,000,000 over the life of the Contract or (B) other Contract with respect to material Company Licensed Intellectual Property (other than any Non-Scheduled Contracts);\n(v) any Contract that (A) limits or purports to limit, in any material respect, the freedom of the Company or its Subsidiaries to engage or compete in any line of business or with any Person or in any area or that would so limit or purport to limit, in any material respect, the operations of Parent or any of its Affiliates after the Closing, (B) contains any exclusivity, \u201cmost favored nation\u201d or similar provisions, obligations or restrictions or (C) contains any other provisions restricting or purporting to restrict the ability of the Company or its Subsidiaries to sell, manufacture, develop, commercialize, test or research products, directly or indirectly through third parties, or to solicit any potential employee or customer, in each case, in any material respect or that would so limit or purports to limit, in any material respect, Parent or any of its Affiliates after the Closing;\n(vi) any Contract requiring any future capital commitment or capital expenditure (or series of capital expenditures) by the Company or its Subsidiaries in an amount in excess of (A) $300,000 annually or (B) $1,000,000 over the life of the agreement;\n(vii) any Contract requiring the Company or its Subsidiaries to guarantee the Liabilities of any Person (other than the Company or a Subsidiary) or pursuant to which any Person (other than the Company or a Subsidiary) has guaranteed the Liabilities of a the Company or a Subsidiary, in each case in excess of $200,000;\n(viii) any Contract under which the Company or its Subsidiaries has, directly or indirectly, made or agreed to make any loan, advance, or assignment of payment to any Person outside of the Ordinary Course of Business or, individually or in the aggregate, in an amount in excess of $200,000 or made any capital contribution to, or other investment in, any Person;\n(ix) any Contract required to be disclosed on Section 3.19 of the Company Disclosure Schedule;\n(x) any Contract with any Person (A) pursuant to which the Company or its Subsidiaries (or Parent or any of its Affiliates after the Closing) is or may be required to pay milestones, royalties or other contingent payments based on any research, testing, development, regulatory filings or approval, sale, distribution, commercial manufacture or other similar occurrences, developments, activities or events or (B) under which the Company or its Subsidiaries grants to any Person any right of first refusal, right of first negotiation, option to purchase, option to license or any other similar rights with respect to any material Company Product or any material Intellectual Property;\n(xi) any Contract for the disposition of any portion of the assets or business of the Company or its Subsidiaries or for the acquisition by the Company or its Subsidiaries of the assets or business of any other Person (other than acquisitions or dispositions made in the Ordinary Course of Business), or under which the Company or its Subsidiaries has any continuing obligation with respect to an \u201cearn-out,\u201d contingent purchase price or other contingent or deferred payment obligation;\n(xii) any settlement, conciliation or similar Contract (A) requiring monetary payments by the Company or its Subsidiaries after the date of this Agreement, (B) with a Governmental Authority or (C) that imposes any material, non-monetary obligations on the Company or its Subsidiaries (or Parent or any of its Affiliates after the Closing); and\n(xiii) each collective bargaining agreement or other Contract with the Company or its Subsidiaries, on the one hand, and any labor union, labor organization or works council representing employees of the Company or its Subsidiaries, on the other hand;\n(xiv) any Contract with the Company or its Subsidiaries, on the one hand, and any officer, director, manager, stockholder, member of an Affiliate of the Company or its Subsidiaries or any of their respective Affiliates (excluding employee confidentiality and invention assignment agreements, equity or incentive equity documents, Company Organizational Documents, employment agreements, indemnification agreements, and offer letters for at-will employment);\n(xv) any employment, consulting, bonus, commissions or any other compensation Contract with an employee or individual consultant or independent contractor, involving aggregate payments of more than $500,000 per year;\n(xvi) any employment or consulting Contract with severance, change in control, retention or similar arrangements, that will result in any obligation (absolute or contingent) of the Company or any of its Subsidiaries to make any payment or incur any Liability as a result of the consummation of the transactions contemplated by this Agreement, termination of employment or both; and\n(xvii) any other Contract the performance of which requires either (A) annual payments to or from the Company or its Subsidiaries in excess of $300,000 or (B) aggregate payments to or from the Company or its Subsidiaries in excess of $1,500,000 over the life of the agreement and, in each case, that is not terminable by the applicable the Company or its Subsidiaries without penalty upon less than thirty (30) days\u2019 prior written notice.\n(i) Each Material Contract is valid and binding on the Company or its Subsidiaries, as applicable, to the Company\u2019s Knowledge, the counterparties thereto, and is in full force and effect and enforceable in accordance with its terms against the Company or its Subsidiaries and, to the Company\u2019s Knowledge, the counterparties thereto (subject to applicable bankruptcy, insolvency, reorganization, moratorium or other Laws affecting generally the enforcement of creditors\u2019 rights and subject to general principles of equity), (ii) the Company or its Subsidiaries and, to the Company\u2019s Knowledge, the counterparties thereto are not in material breach of, or default under, any Material Contract and (iii) no event has occurred that (with or without due notice or lapse of time or both) would result in a material breach of, or default under, any Material Contract by the Company or its Subsidiaries or, to the Company\u2019s Knowledge, the counterparties thereto. The Company has made available to Parent true and complete copies of all Material Contracts in effect as of the date hereof (other than purchase orders, invoices, and similar confirmatory or administrative documents that are ancillary to the main contractual relationship between the parties to a particular Contract or group of Contracts and that, in each case, do not contain any material executory or continuing terms, conditions, obligations or rights).", "snippet_links": [{"key": "the-company-disclosure-schedule", "type": "clause", "offset": [23, 54]}, {"key": "all-contracts", "type": "clause", "offset": [77, 90]}, {"key": "in-clauses", "type": "clause", "offset": [101, 111]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [157, 179]}, {"key": "a-party", "type": "clause", "offset": [216, 223]}, {"key": "company-benefit-plan", "type": "definition", "offset": [265, 285]}, {"key": "pursuant-to", "type": "definition", "offset": [372, 383]}, {"key": "the-company-has", "type": "definition", "offset": [390, 405]}, {"key": "no-material", "type": "clause", "offset": [411, 422]}, {"key": "executory-obligations", "type": "clause", "offset": [438, 459]}, {"key": "contracts-listed", "type": "clause", "offset": [646, 662]}, {"key": "to-parent", "type": "definition", "offset": [753, 762]}, {"key": "relating-to", "type": "definition", "offset": [853, 864]}, {"key": "indebtedness-for-borrowed-money", "type": "clause", "offset": [865, 896]}, {"key": "the-placing", "type": "clause", "offset": [938, 949]}, {"key": "permitted-lien", "type": "clause", "offset": [974, 988]}, {"key": "assets-or-properties", "type": "definition", "offset": [1006, 1026]}, {"key": "each-case", "type": "definition", "offset": [1163, 1172]}, {"key": "tangible-property", "type": "definition", "offset": [1178, 1195]}, {"key": "real-property", "type": "definition", "offset": [1208, 1221]}, {"key": "owned-by", "type": "definition", "offset": [1224, 1232]}, {"key": "any-other-person", "type": "definition", "offset": [1233, 1249]}, {"key": "any-lease", "type": "definition", "offset": [1262, 1271]}, {"key": "annual-rental-payments", "type": "clause", "offset": [1311, 1333]}, {"key": "third-party", "type": "clause", "offset": [1449, 1460]}, {"key": "owned-or-controlled", "type": "definition", "offset": [1545, 1564]}, {"key": "joint-venture", "type": "definition", "offset": [1721, 1734]}, {"key": "development-contract", "type": "clause", "offset": [1827, 1847]}, {"key": "similar-contract", "type": "definition", "offset": [1852, 1868]}, {"key": "based-on", "type": "definition", "offset": [1944, 1952]}, {"key": "payments-to", "type": "definition", "offset": [2042, 2053]}, {"key": "from-the-company", "type": "clause", "offset": [2057, 2073]}, {"key": "life-of-the-contract", "type": "clause", "offset": [2127, 2147]}, {"key": "other-contract", "type": "definition", "offset": [2155, 2169]}, {"key": "company-licensed-intellectual-property", "type": "clause", "offset": [2195, 2233]}, {"key": "any-non", "type": "clause", "offset": [2246, 2253]}, {"key": "scheduled-contracts", "type": "clause", "offset": [2254, 2273]}, {"key": "material-respect", "type": "definition", "offset": [2338, 2354]}, {"key": "line-of-business", "type": "definition", "offset": [2431, 2447]}, {"key": "any-person", "type": "definition", "offset": [2456, 2466]}, {"key": "any-area", "type": "definition", "offset": [2473, 2481]}, {"key": "operations-of-parent", "type": "clause", "offset": [2555, 2575]}, {"key": "after-the-closing", "type": "clause", "offset": [2601, 2618]}, {"key": "most-favored-nation", "type": "clause", "offset": [2651, 2670]}, {"key": "similar-provisions", "type": "clause", "offset": [2675, 2693]}, {"key": "other-provisions", "type": "clause", "offset": [2743, 2759]}, {"key": "to-sell", "type": "clause", "offset": [2845, 2852]}, {"key": "research-products", "type": "definition", "offset": [2899, 2916]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [2918, 2940]}, {"key": "third-parties", "type": "definition", "offset": [2949, 2962]}, {"key": "to-solicit", "type": "definition", "offset": [2967, 2977]}, {"key": "potential-employee", "type": "definition", "offset": [2982, 3000]}, {"key": "capital-commitment", "type": "clause", "offset": [3212, 3230]}, {"key": "capital-expenditures", "type": "definition", "offset": [3268, 3288]}, {"key": "life-of-the-agreement", "type": "clause", "offset": [3400, 3421]}, {"key": "the-liabilities", "type": "clause", "offset": [3497, 3512]}, {"key": "agreed-to", "type": "definition", "offset": [3843, 3852]}, {"key": "any-loan", "type": "clause", "offset": [3858, 3866]}, {"key": "payment-to", "type": "clause", "offset": [3894, 3904]}, {"key": "in-the-aggregate", "type": "definition", "offset": [3979, 3995]}, {"key": "capital-contribution", "type": "definition", "offset": [4044, 4064]}, {"key": "other-investment", "type": "definition", "offset": [4072, 4088]}, {"key": "required-to-be-disclosed", "type": "clause", "offset": [4123, 4147]}, {"key": "to-pay", "type": "clause", "offset": [4364, 4370]}, {"key": "contingent-payments", "type": "definition", "offset": [4402, 4421]}, {"key": "regulatory-filings", "type": "clause", "offset": [4467, 4485]}, {"key": "commercial-manufacture", "type": "definition", "offset": [4519, 4541]}, {"key": "right-of-first-refusal", "type": "clause", "offset": [4683, 4705]}, {"key": "right-of-first-negotiation", "type": "definition", "offset": [4707, 4733]}, {"key": "option-to-purchase", "type": "clause", "offset": [4735, 4753]}, {"key": "option-to-license", "type": "clause", "offset": [4755, 4772]}, {"key": "company-product", "type": "definition", "offset": [4830, 4845]}, {"key": "material-intellectual-property", "type": "definition", "offset": [4853, 4883]}, {"key": "contract-for", "type": "definition", "offset": [4894, 4906]}, {"key": "disposition-of", "type": "clause", "offset": [4911, 4925]}, {"key": "the-assets", "type": "clause", "offset": [4941, 4951]}, {"key": "business-of-the-company", "type": "definition", "offset": [4955, 4978]}, {"key": "the-acquisition", "type": "clause", "offset": [5006, 5021]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [5149, 5183]}, {"key": "continuing-obligation", "type": "clause", "offset": [5241, 5262]}, {"key": "with-respect-to-an", "type": "clause", "offset": [5263, 5281]}, {"key": "contingent-purchase-price", "type": "clause", "offset": [5294, 5319]}, {"key": "deferred-payment-obligation", "type": "definition", "offset": [5343, 5370]}, {"key": "any-settlement", "type": "clause", "offset": [5378, 5392]}, {"key": "payments-by-the-company", "type": "clause", "offset": [5450, 5473]}, {"key": "governmental-authority", "type": "clause", "offset": [5539, 5561]}, {"key": "monetary-obligations", "type": "clause", "offset": [5600, 5620]}, {"key": "agreement-or", "type": "definition", "offset": [5750, 5762]}, {"key": "contract-with-the-company", "type": "clause", "offset": [5769, 5794]}, {"key": "labor-union", "type": "definition", "offset": [5841, 5852]}, {"key": "labor-organization", "type": "definition", "offset": [5854, 5872]}, {"key": "works-council", "type": "clause", "offset": [5876, 5889]}, {"key": "employees-of-the-company", "type": "clause", "offset": [5903, 5927]}, {"key": "the-other-hand", "type": "clause", "offset": [5952, 5966]}, {"key": "affiliate-of-the-company", "type": "definition", "offset": [6104, 6128]}, {"key": "respective-affiliates", "type": "definition", "offset": [6165, 6186]}, {"key": "confidentiality-and-invention-assignment-agreements", "type": "clause", "offset": [6207, 6258]}, {"key": "equity-documents", "type": "clause", "offset": [6280, 6296]}, {"key": "company-organizational-documents", "type": "clause", "offset": [6298, 6330]}, {"key": "employment-agreements", "type": "definition", "offset": [6332, 6353]}, {"key": "indemnification-agreements", "type": "definition", "offset": [6355, 6381]}, {"key": "offer-letters", "type": "definition", "offset": [6387, 6400]}, {"key": "will-employment", "type": "clause", "offset": [6408, 6423]}, {"key": "other-compensation", "type": "definition", "offset": [6485, 6503]}, {"key": "an-employee", "type": "clause", "offset": [6518, 6529]}, {"key": "individual-consultant", "type": "definition", "offset": [6533, 6554]}, {"key": "independent-contractor", "type": "definition", "offset": [6558, 6580]}, {"key": "payments-of", "type": "definition", "offset": [6602, 6613]}, {"key": "per-year", "type": "definition", "offset": [6633, 6641]}, {"key": "consulting-contract", "type": "clause", "offset": [6667, 6686]}, {"key": "change-in-control", "type": "clause", "offset": [6703, 6720]}, {"key": "similar-arrangements", "type": "definition", "offset": [6735, 6755]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [6937, 6984]}, {"key": "termination-of-employment", "type": "definition", "offset": [6986, 7011]}, {"key": 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"samples": [{"hash": "haGqTkaF95Y", "uri": "/contracts/haGqTkaF95Y#material-contracts", "label": "Securities Purchase Agreement (Skyline Champion Corp)", "score": 34.6618766785, "published": true}], "snippet": "(a) Section 3.6(a) of the Company Disclosure Schedule sets forth a true and complete list as of the date hereof of all of the following undischarged Contracts (excluding purchase orders, invoices and similar agreements entered into by any member of the Company Group in the ordinary course of business) to which a member of the Company Group is a party or is otherwise legally bound as of the date of this Agreement (collectively, the \u201cMaterial Contracts\u201d):\n(i) any agreement for the employment or engagement of any officer, employee or other individual employed or engaged by any Company Group member that provides for annual payments by one or more members of the Company Group in excess of One Hundred Fifty Thousand Dollars ($150,000);\n(ii) Contracts with any of the counterparties listed on Section 3.19(a) of the Company Disclosure Schedule;\n(iii) Contracts with any of the counterparties listed on Section 3.19(b) of the Company Disclosure Schedule;\n(iv) any Contract entered into during the five (5) years prior to the date hereof between any Company Group member regarding assignment, purchase, and/or transfer of any Equity Interest of any member of the Company Group, and all related promissory notes and releases;\n(v) any Contract, including without limitation any neutrality agreement, with any labor union or any collective bargaining agreement;\n(vi) loan agreements or indentures relating to Indebtedness and any agreement guaranteeing, or providing security for, Indebtedness;\n(vii) leases, subleases, licenses (other than IP Licenses) or similar Contracts (i) which constitute Leases pursuant to Section 3.13 below or (ii) requiring payments to or from a member of the Company Group in excess of Two Hundred Fifty Thousand Dollars ($250,000) per annum representing an interest in or in respect of any material rights, assets or property;\n(viii) any Contract with any Seller, former equity holder of Regional, or Affiliate of any member of the Company Group (each, a \u201cRelated Party Contract\u201d);\n(ix) all Contracts that require any member of the Company Group to purchase or sell a stated portion of the requirements or outputs of the business conducted by such Company Group member or that contain \u201ctake or pay\u201d provisions;\n(x) any Contract relating to Intellectual Property material to the conduct of the business of the Company Group, including all licenses, sublicenses, settlements, coexistence agreements, covenants not to sue and permissions, but excluding (i) licenses for commercially-available unmodified off-the-shelf Software or terms of service or other online click-through terms; (ii) non-exclusive licenses granted to a vendor or service provider where the rights in Intellectual Property granted to such Person are solely for such Person\u2019s provision of the services; (iii) non-exclusive licenses granted to customers or clients of the Company Group in the ordinary course of business; and (iv) rights in Intellectual Property assigned or granted to the Company Group by employees, independent contractors or consultants;\n(xi) all Contracts with any Governmental Authority;\n(xii) all joint venture, partnership or similar Contracts;\n(xiii) any Contract that limits or purports to limit the ability of any member of the Company Group to compete in any line of business or with any Person or in any geographic area or during any period of time;\n(xiv) Contracts relating to any Proceeding or settlement agreement to which a member of the Company Group is a party, other than (A) releases immaterial in nature or entered into with former employees or independent contractors of such member of the Company Group in the ordinary course of business in connection with the cessation of such employee\u2019s or independent contractor\u2019s employment with such member of the Company Group and for which there are no outstanding payments due as of the Closing Date pursuant to such release, or (B) settlement agreements for cash only (which has been paid or accrued for) that do not exceed Five Hundred Thousand Dollars ($500,000) as to such settlement, or (C) settlement agreements under which such member of the Company Group does not have any continuing obligations, liabilities or rights (excluding releases);\n(xv) all Contracts that relate to any acquisition or disposition of any Real Property (whether by merger, sale of stock, sale of assets or otherwise) since January 1, 2020;\n(xvi) all Contracts that relate to the acquisition or disposition of any business, Equity Interests, or all or substantially all of the assets of any other Person (whether by merger, sale of stock, sale of assets or otherwise) since January 1, 2020;\n(xvii) all Contracts that provide for the specific and express assumption of any Tax, environmental or other material Liability of any Person; and\n(xviii) except as otherwise captured in this Section 3.6(a), all Contracts involving aggregate consideration in excess of $1,000,000 that cannot be terminated or cancelled without penalty, fees or similar obligations or without more than 90 days\u2019 notice.\n(b) True and complete copies of all Material Contracts as of the date hereof have been made available to Buyer by the Company Group. Except for Material Contracts that expire by or are terminated pursuant to their terms, each Material Contract is in full force and effect, is a valid and binding obligation of a member of the Company Group and, to the Knowledge of the Company Group, of each other party thereto and is enforceable in accordance with its terms against the applicable member of the Company Group and, to the Knowledge of the Company Group, against each other party to such Material Contract, subject, in each case, to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar Laws relating to or affecting creditors\u2019 rights generally and general equitable principles (whether considered in a Proceeding in equity or at Law). No member of the Company Group is and, to the Knowledge of the Company Group, no other party to any Material Contract is in material default, breach or violation of any Material Contract. Since January 1, 2023, the applicable member of the Company Group has not given to, or received from, any other party to any Material Contract, any written notice regarding, and no party has given written notice to any member of the Company Group of, any default, breach or violation, where, in each case, such default, breach or violation would be material to the Company Group, taken as a whole. Since the January 1, 2023, no member of the Company Group has provided or received any written notice of any intention to terminate, or materially reduce the amount of business conducted under, any written Material Contract.", "snippet_links": [{"key": "the-company-disclosure-schedule", "type": "clause", "offset": [22, 53]}, {"key": "true-and-complete-list", "type": "clause", "offset": [67, 89]}, {"key": "date-hereof", "type": "clause", "offset": [100, 111]}, {"key": "purchase-orders", "type": "clause", "offset": [170, 185]}, {"key": "similar-agreements", "type": "definition", "offset": [200, 218]}, {"key": "entered-into", "type": "clause", "offset": [219, 231]}, {"key": "member-of-the-company", "type": "definition", "offset": [239, 260]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [267, 301]}, {"key": "a-member-of-the", "type": "clause", "offset": [312, 327]}, {"key": "a-party", "type": "clause", "offset": [345, 352]}, {"key": "legally-bound", 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"type": "clause", "offset": [5687, 5708]}, {"key": "fraudulent-conveyance", "type": "definition", "offset": [5722, 5743]}, {"key": "similar-laws", "type": "definition", "offset": [5782, 5794]}, {"key": "rights-generally", "type": "clause", "offset": [5831, 5847]}, {"key": "equitable-principles", "type": "definition", "offset": [5860, 5880]}, {"key": "no-member-of-the", "type": "clause", "offset": [5939, 5955]}, {"key": "material-default", "type": "definition", "offset": [6063, 6079]}, {"key": "breach-or-violation", "type": "clause", "offset": [6081, 6100]}, {"key": "written-notice", "type": "definition", "offset": [6275, 6289]}, {"key": "no-party", "type": "clause", "offset": [6305, 6313]}, {"key": "notice-to", "type": "definition", "offset": [6332, 6341]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [6507, 6523]}, {"key": "notice-of-any", "type": "clause", "offset": [6620, 6633]}, {"key": "written-material", "type": "clause", "offset": [6723, 6739]}], "hash": "ac73215624caaf3a99dd154beb4ebce5", "id": 4}, {"size": 490, "samples": [{"hash": "dA0LxQNydcs", "uri": "/contracts/dA0LxQNydcs#material-contracts", "label": "Merger Agreement (Full Alliance International LTD)", "score": 24.7289524078, "published": true}, {"hash": "4grZy6srVi0", "uri": "/contracts/4grZy6srVi0#material-contracts", "label": "Merger Agreement (Yongye International, Inc.)", "score": 24.7262153625, "published": true}, {"hash": "ehLvwkvwqjR", "uri": "/contracts/ehLvwkvwqjR#material-contracts", "label": "Merger Agreement (Morgan Stanley)", "score": 22.7316913605, "published": true}], "snippet": "(a) Except for (i) this Agreement (and the Contracts contemplated to be entered into hereunder by the Company), (ii) contracts, arrangements or understandings to which the Company or any Company Subsidiary is a party as of the date of this Agreement (the \u201cContracts\u201d) filed as exhibits to the Company SEC Reports or (iii) as set forth in Section 3.15(a) of the Company Disclosure Letter (such Contracts collectively, the \u201cMaterial Contracts\u201d), as of the date of this Agreement, none of the Company or any Company Subsidiary is a party to or bound by:\n(i) any Contract that is required to be filed by the Company pursuant to Item 15 of Form 10-K under the Exchange Act;\n(ii) any Contract relating to any credit, loan or facility arrangement, guarantee or Indebtedness (whether or not incurred, assumed, guaranteed or secured by any asset of the Company or any Company Subsidiary) of more than US$2,000,000 for each such Contract individually, other than any Indebtedness between or among any of the Company and any Company Subsidiary;\n(iii) any joint venture Contract, strategic cooperation or partnership arrangements, or other agreement involving a sharing of profits, losses, costs or liabilities by the Company or any Company Subsidiary with any Third Party, in each case that is material to the business of the Company and the Company Subsidiaries taken as a whole;\n(iv) all Contracts relating to the purchase or sale of any Shares or other securities of the Company or any Company Subsidiary that has a fair market value or purchase price of more than US$1,000,000 under which there are material rights or obligations outstanding;\n(v) any Contract that limits, or purports to limit, the ability of the Company or any Company Subsidiary to compete in any material line of business or with any person or entity or in any geographic area or during any period of time;\n(vi) any Contract prohibiting the payment of dividends or distributions in respect of the capital stock of the Company or any of its wholly owned Company Subsidiaries, prohibits the pledging of the capital stock of the Company or any wholly owned Company Subsidiary or prohibits the issuance of any guaranty by the Company or any wholly owned Company Subsidiary;\n(vii) any Contract providing for any indemnification, earn-out, installment or other contingent obligations or similar payments that is still in effect and could reasonably be expected to result in payment of more than US$250,000, to or from the Company or any Company Subsidiary, by or to any Third Party;\n(viii) any Contract providing for the acquisition from another person or disposition to another person, directly or indirectly (by merger, license or otherwise), of assets or capital stock or other equity interests of another person for aggregate consideration under such Contract (or series of related Contracts) in excess of US$5,000,000;\n(ix) any Contract that are license agreements material to the business of the Company and the Company Subsidiaries, taken as a whole, pursuant to which the Company or any of the Company Subsidiaries licenses in Intellectual Property or licenses out Intellectual Property owned by the Company or such Company Subsidiary or Company Subsidiaries (other than license agreements for commercially available software on standard terms or non-exclusive licenses granted in the ordinary course of business); and\n(x) any Contract providing for any change of control or similar payments to a third party in excess of US$1,000,000.\n(b) Except as would not reasonably be expected to have a Company Material Adverse Effect, (i) each Material Contract is valid and binding on the Company or a Company Subsidiary and in full force and effect, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors\u2019 rights, and to general equity principles; (ii) as of the date of this Agreement, to the knowledge of the Company, no other party is in material breach or violation of, or default under, any Material Contract; (iii) the Company and the Company Subsidiaries have not received any written claim of material default under any such Material Contract and, to the knowledge of the Company, no fact or event exists that could give rise to any claim of material default under any Material Contract; and (iv) the Company has not received, as of the date of this Agreement, any notice in writing from any person that such person intends to terminate any Material Contract.", "snippet_links": [{"key": "the-contracts", "type": "clause", "offset": [39, 52]}, {"key": "entered-into", "type": "clause", "offset": [72, 84]}, {"key": "a-party", "type": "clause", "offset": [209, 216]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [227, 249]}, {"key": "company-sec-reports", "type": "definition", "offset": [293, 312]}, {"key": "company-disclosure-letter", "type": "clause", "offset": [361, 386]}, {"key": "pursuant-to", "type": "definition", "offset": [612, 623]}, {"key": "form-10", "type": "definition", "offset": [635, 642]}, {"key": "the-exchange-act", "type": "definition", "offset": [651, 667]}, {"key": "relating-to", "type": "definition", "offset": [687, 698]}, {"key": "joint-venture-contract", "type": "clause", "offset": [1044, 1066]}, {"key": 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{"key": "commercially-available-software", "type": "definition", "offset": [3259, 3290]}, {"key": "standard-terms", "type": "clause", "offset": [3294, 3308]}, {"key": "licenses-granted", "type": "clause", "offset": [3326, 3342]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [3343, 3377]}, {"key": "change-of-control", "type": "definition", "offset": [3419, 3436]}, {"key": "payments-to", "type": "definition", "offset": [3448, 3459]}, {"key": "a-third-party", "type": "clause", "offset": [3460, 3473]}, {"key": "company-material-adverse-effect", "type": "definition", "offset": [3558, 3589]}, {"key": "each-material-contract", "type": "clause", "offset": [3595, 3617]}, {"key": "valid-and-binding", "type": "clause", "offset": [3621, 3638]}, {"key": "full-force-and-effect", "type": "definition", "offset": [3685, 3706]}, {"key": "subject-to", "type": "clause", "offset": [3708, 3718]}, {"key": "fraudulent-transfer", "type": "definition", "offset": [3743, 3762]}, 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"/contracts/7IOiM1Nqzli#material-contracts", "label": "Merger Agreement (Renasant Corp)", "score": 35.5735778809, "published": true}, {"hash": "4yT3EQwLkzj", "uri": "/contracts/4yT3EQwLkzj#material-contracts", "label": "Merger Agreement (First Bancshares Inc /MS/)", "score": 33.5735778809, "published": true}], "snippet": "(a) None of the Seller Entities, nor any of their respective Assets, businesses, or operations, is a party to, or is bound by or subject to, any Contract, (i) that is a \u201cmaterial contract\u201d (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC); (ii) that is an employment, severance, termination, consulting, or retirement Contract, (iii) relating to the borrowing of money by any Seller Entity or the guarantee by any Seller Entity of any such obligation (other than Contracts evidencing deposit liabilities, purchases of federal funds, fully secured repurchase agreements, advances and loans from the Federal Home Loan Bank, and trade payables, in each case in the Ordinary Course) in excess of $10,000,000, including any sale and leaseback transactions, capitalized leases and other similar financing arrangements, (iv) which prohibits or materially restricts any Seller Entity (or, following consummation of the transactions contemplated by this Agreement, Buyer or any of its Subsidiaries) from engaging in any business activities in any geographic area, line of business or otherwise in competition with any other Person; (v) relating to the purchase or sale of any goods or services by a Seller Entity (other than Contracts entered into in the Ordinary Course with a term not in excess of two years and involving payments under any individual Contract not in excess of $250,000 over its remaining term or involving Loans, borrowings or guarantees originated or purchased by any Seller Entity in the Ordinary Course), (vi) that grants any \u201cmost favored nation\u201d right, right of first refusal, right of first offer or similar right (including any exclusivity obligations) with respect to any material Assets, or rights of any Seller Entity, taken as a whole, (vii) which limits the payment of dividends by any Seller Entity; (viii) pursuant to which any Seller Entity has agreed with any third parties to become a member of, manage or control a joint venture, partnership, limited liability company or other similar entity; (ix) that provides for (A) the disposition of any portion of the assets or business of the Seller Entities, (B) the acquisition, directly or indirectly, of a portion of the assets or business of any other Person (whether by merger, sale of stock or assets or otherwise), or (C) related to any disposition or acquisition that contains continuing representations, covenants, indemnities or other obligations (including \u201cearn out\u201d or other contingent payment obligations); (x) between any Seller Entity, on the one hand, and (A) any officer or director of any Seller Entity, or (B) to the Knowledge of Seller, any (1) record or beneficial owner of 5% or more of the voting securities of Seller, (2) Affiliate or family member of any such officer, director or record or beneficial owner, or (3) any other Affiliate of Seller, on the other hand, except those of a type available to employees of Seller generally; (xi) containing any standstill or similar agreement pursuant to which any Seller Entity has agreed not to acquire Assets or equity interests of another Person; (xii) that provides for indemnification by any Seller Entity of any Person, except for non-material Contracts entered into in the Ordinary Course; (xiii) with or to a labor union or guild (including any collective bargaining agreement); (xiv) that is a settlement, consent or similar Contract and contains any material continuing obligations of any Seller Entity; (xv) that is a consulting Contract or data processing, software programming or licensing Contract involving the payment of more than $250,000 per annum (other than any such contracts which are terminable by Seller or any of its Subsidiaries on thirty days or less notice without any required payment or other conditions, other than the condition of notice); and (xvi) any other Contract or amendment thereto that is material to any Seller Entity or their respective business or Assets and not otherwise entered into in the Ordinary Course. Each Contract of the type described in this Section 4.18(a), whether or not set forth in Seller\u2019s Disclosure Memorandum together with all Contracts referred to in Sections 4.12 and 4.17(a), are referred to herein as the \u201cSeller Contracts.\u201c\n(b) With respect to each Seller Contract: (i) the Seller Contract is legal, valid and binding on a Seller Entity and is in full force and effect and is enforceable in accordance with its terms; (ii) no Seller Entity is in material Default thereunder; (iii) no Seller Entity has repudiated or waived any material provision of any such Contract; (iv) no other party to any such Contract is in material Default or has repudiated or waived any material provision thereunder; and (v) there is not pending or, to the Knowledge of Seller, threatened cancellations of any Seller Contract.\n(c) Seller has made available to Buyer complete and correct copies of each Seller Contract in effect as of the date hereof. 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"type": "clause", "offset": [5013, 5027]}, {"key": "at-any-time", "type": "clause", "offset": [5043, 5054]}, {"key": "without-penalty", "type": "clause", "offset": [5077, 5092]}], "hash": "3a984f4fae5b1a4bc8003463ab2f4acf", "id": 6}, {"size": 234, "samples": [{"hash": "3RnaS1jH8GX", "uri": "/contracts/3RnaS1jH8GX#material-contracts", "label": "Credit Agreement (Acadia Realty Trust)", "score": 37.2984275818, "published": true}, {"hash": "3QN08IeMdvf", "uri": "/contracts/3QN08IeMdvf#material-contracts", "label": "Credit Agreement (U S Physical Therapy Inc /Nv)", "score": 37.2847366333, "published": true}, {"hash": "3Lh2StnmGFp", "uri": "/contracts/3Lh2StnmGFp#material-contracts", "label": "Fourth Amended and Restated Credit Agreement (American Assets Trust, L.P.)", "score": 37.2464065552, "published": true}], "snippet": "Perform and observe all the terms and provisions of each Material Contract to be performed or observed by it, maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with its terms, take all such action to such end as may be from time to time requested by the Administrative Agent and, upon request of the Administrative Agent, make to each other party to each such Material Contract such demands and requests for information and reports or for action as any Loan Party or any of its Subsidiaries is entitled to make under such Material Contract, and cause each of its Subsidiaries to do so, except, in any case, where the failure to do so, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.", "snippet_links": [{"key": "provisions-of", "type": "clause", "offset": [38, 51]}, {"key": "each-material-contract", "type": "clause", "offset": [52, 74]}, {"key": "full-force-and-effect", "type": "definition", "offset": [150, 171]}, {"key": "in-accordance-with", "type": "clause", "offset": [209, 227]}, {"key": "requested-by", "type": "definition", 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"published": true}, {"hash": "cg30hpDcOCJ", "uri": "/contracts/cg30hpDcOCJ#material-contracts", "label": "Merger Agreement (Pearson Merger Co Inc)", "score": 18.0, "published": true}], "snippet": "13 Section 3.10", "snippet_links": [], "hash": "0c3692bfa7da11cb3dbcbc791dc95266", "id": 7}, {"size": 257, "samples": [{"hash": "9Og4062dXnG", "uri": "/contracts/9Og4062dXnG#material-contracts", "label": "Merger Agreement (Cb Richard Ellis Group Inc)", "score": 21.0, "published": true}, {"hash": "6LqxJXv21Do", "uri": "/contracts/6LqxJXv21Do#material-contracts", "label": "Merger Agreement (Trammell Crow Co)", "score": 21.0, "published": true}], "snippet": "(a) As of the date of this Agreement, Section 4.18(a) of the Company Disclosure Schedule sets forth all of the following Contracts to which the Company or any Company Subsidiary is a party or which are applicable to any of their assets or properties, in each case as amended through the date hereof (each a \u201cMaterial Contract\u201d):\n(i) Contracts that are material to the Company and the Company Subsidiaries, taken as a whole, other than (x) Contracts of Project Entities entered into in Development and Investment Activities under which the Company or any Company Subsidiary other than a Project Entity has guaranteed the Indebtedness or other payment obligation of such Project Entity and (y) SPV Guarantees;\n(ii) Except for SPV Guarantees, Contracts under which the Company or any Company Subsidiary (other than a Project Entity) has guaranteed the Indebtedness or other payment obligation of any Project Entity or Minority Investment, including as a result of the execution, delivery and performance by the Company of this Agreement and the consummation by the Company of the Merger and the other transactions contemplated hereby;\n(iii) other than SPV Guarantees and Contracts required to be disclosed in clause (a)(ii) above, Contracts providing for the borrowing or lending of money by the Company or any Company Subsidiary, whether as borrower, lender or guarantor other than (x) loans to employees in connection with their initial hiring in the Ordinary Course of Business not exceeding $100,000 individually and (y) advances to employees in the Ordinary Course of Business;\n(iv) Contracts pursuant to which any material property or assets of the Company or any Company Subsidiary is, or may reasonably be expected to become subject to, a Lien (other than Permitted Liens) other than (x) SPV Guarantees, and (y) Contracts creating Liens on assets of Project Entities entered into in Development and Investment Activities;\n(v) joint venture, alliance, affiliation or partnership Contracts or joint development or similar Contracts of the Company and Company Subsidiaries (other than Special Purpose Vehicles), including with respect to any direct or indirect investment in, or development of, real property by the Company or a Company Subsidiary other than a Special Purpose Vehicle;\n(vi) other than SPV Guarantees and Contracts of Special Purpose Vehicles entered into in Development and Investment Activities that do not have recourse to the Company or any Company Subsidiary other than a Special Purpose Vehicle, Contracts for the acquisition or sale, directly or indirectly (by merger or otherwise), of material assets (whether tangible or intangible) of the Company or any Company Subsidiary or the Equity Interests of the Company or any Company Subsidiary, including Contracts for any such completed acquisitions or sales pursuant to which an \u201cearn out\u201d or similar form of obligation (whether absolute or contingent) is currently pending or for which there are any continuing indemnification or similar obligations, in each case excluding any such Contracts entered into prior to January 1, 2003 and with respect to which there are no remaining obligations on the part of any party (including any indemnification obligations);\n(vii) any interest rate or currency swaps, caps, floors or option Contracts of the Company or any Company Subsidiary or any other interest rate or currency risk management arrangement or foreign exchange Contracts of the Company or any Company Subsidiary;\n(viii) all material Contracts concerning Company Intellectual Property;\n(ix) contracts with, or commitments to, Affiliates of the Company, as set forth in Section 4.22 of the Company Disclosure Schedule;\n(x) Contracts pursuant to which the Company or any Company Subsidiary is obligated to make any capital contribution or other investment in or loan to any Person other than (x) SPV Guarantees, (y) Contracts relating to the items described in Section 4.6 of the Company Disclosure Schedule with respect to Project Entities, and (z) Contracts of Project Entities entered into in Development and Investment Activities for which the Company and Company Subsidiaries (other than Project Entities) have no recourse obligations.\n(b) Neither the Company nor any Company Subsidiary is, or as of the date of this Agreement, has received any notice that any other party is, in breach, default or violation or is unable to perform in any respect (each a \u201cDefault\u201d) under any Material Contract (and no event has occurred or not occurred through the Company\u2019s or any Company Subsidiary\u2019s action or inaction or, to the Knowledge of the Company, through the action or inaction of any third parties, which with notice or the lapse of time or both would constitute or give rise to a Default), except for those Defaults which would not be reasonably likely to have, individually or in the aggregate, a Company Material Adverse Effect. As of the date of this Agreement, neither the Company nor any Company Subsidiary has received written notice of the termination of, or intention to terminate, any Material Contract, except for such notices or terminations that would not be reasonably likely to have, individually or in the aggregate, a Company Material Adverse Effect. No Claims for indemnification under any purchase or sale Contract have been made by or against the Company or any Company Subsidiary since January 1, 2003 that have not been fully resolved prior to the date hereof and, to the Knowledge of the Company, there are no such Claims threatened.\n(c) As of the date of this Agreement, neither the Company nor any Company Subsidiary is party to any Contract containing covenants that would limit in any material respect after the Effective Time the ability of Parent or any of its Subsidiaries (excluding, after the Effective Time, the Company or any Company Subsidiary) to (i) engage in any line of business, (ii) compete with any person in any market or line of business or (iii) operate, manage, finance or develop properties in any geographic area or for any type of use (the types of limitations and rights described in clauses (i) through (iii), \u201cExclusivity Arrangements\u201d), other than Exclusivity Arrangements that restrict activities in a specific local market (as opposed to broader regional, state or national restrictions) that apply only to Development and Investment Activities.\n(d) Except as would not be reasonably likely to have a Company Material Adverse Effect, (i) no default has occurred with respect to any of the SPV Guarantees or, if applicable, any Contracts providing for construction or other loans, such that there would be recourse under such Contracts to the Company or any Company Subsidiary for the Indebtedness or other payment obligation of any other Person other than a Special Purpose Vehicle, and (ii) as of the date of this Agreement, no claim against the Company or any Company Subsidiary other than a Special Purpose Vehicle has been made in writing to the Company by the counterparties thereto under such SPV Guarantees or such Contracts. Except as would not be reasonably likely to have a Company Material Adverse Effect, (x) no default has occurred under any joint venture, limited liability company or partnership Contracts to the extent such Contracts are the governing documents of any Special Purpose Vehicle such that there would be recourse under such Contracts to the Company or any Company Subsidiary other than a Special Purpose Vehicle, and, (y) as of the date of this Agreement, no claim against the Company or any Company Subsidiary other than a Special Purpose Vehicle has been made in writing to the Company by the counterparties to such Contracts under such Contracts.", "snippet_links": [{"key": "date-of-this-agreement", "type": "clause", "offset": [14, 36]}, {"key": "the-company-disclosure-schedule", "type": "clause", "offset": [57, 88]}, {"key": "company-subsidiary", "type": "definition", "offset": [159, 177]}, {"key": "a-party", "type": "clause", "offset": [181, 188]}, {"key": "applicable-to", "type": 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6077]}, {"key": "rights-described", "type": "clause", "offset": [6094, 6110]}, {"key": "in-clauses", "type": "clause", "offset": [6111, 6121]}, {"key": "exclusivity-arrangements", "type": "clause", "offset": [6142, 6166]}, {"key": "local-market", "type": "definition", "offset": [6245, 6257]}, {"key": "to-development", "type": "clause", "offset": [6339, 6353]}, {"key": "no-default", "type": "definition", "offset": [6473, 6483]}, {"key": "the-spv", "type": "clause", "offset": [6520, 6527]}, {"key": "if-applicable", "type": "definition", "offset": [6543, 6556]}, {"key": "for-construction", "type": "definition", "offset": [6582, 6598]}, {"key": "other-loans", "type": "definition", "offset": [6602, 6613]}, {"key": "any-other-person", "type": "definition", "offset": [6763, 6779]}, {"key": "no-claim-against-the-company", "type": "clause", "offset": [6861, 6889]}, {"key": "in-writing", "type": "clause", "offset": [6967, 6977]}, {"key": "limited-liability-company", "type": "clause", "offset": [7205, 7230]}, {"key": "to-the-extent", "type": "clause", "offset": [7256, 7269]}, {"key": "documents-of", "type": "clause", "offset": [7303, 7315]}], "hash": "e11b43ca8cf49743248de0f0c32c8069", "id": 8}, {"size": 307, "samples": [{"hash": "cpx8Fza32Ue", "uri": "/contracts/cpx8Fza32Ue#material-contracts", "label": "Agreement and Plan of Merger (Tingo, Inc.)", "score": 33.7830238342, "published": true}, {"hash": "7xsWTkDgTqj", "uri": "/contracts/7xsWTkDgTqj#material-contracts", "label": "Agreement and Plan of Merger (MICT, Inc.)", "score": 33.7830238342, "published": true}, {"hash": "hTad4QJvUC0", "uri": "/contracts/hTad4QJvUC0#material-contracts", "label": "Agreement and Plan of Merger (MICT, Inc.)", "score": 33.7802886963, "published": true}], "snippet": "(a) Schedule 4.12(a) sets forth a true, correct and complete list of, and the Company has made available to the Purchaser, true, correct and complete copies of, each Contract to which any Target Entity is a party or by which any Target Entity, or any of its properties or assets are bound or affected (each Contract required to be set forth on Schedule 4.12(a), a \u201cCompany Material Contract\u201d) that:\n(i) contains covenants that limit the ability of any Target Entity (A) to compete in any line of business or with any Person or in any geographic area or to sell, or provide any service or product or solicit any Person, including any non-competition covenants, employee and customer non-solicit covenants, exclusivity restrictions, rights of first refusal or most-favored pricing clauses or (B) to purchase or acquire an interest in any other Person;\n(ii) involves any joint venture, profit-sharing, partnership, limited liability company or other similar agreement or arrangement relating to the formation, creation, operation, management or control of any partnership or joint venture;\n(iii) involves any exchange traded, over the counter or other swap, cap, floor, collar, futures contract, forward contract, option or other derivative financial instrument or Contract, based on any commodity, security, instrument, asset, rate or index of any kind or nature whatsoever, whether tangible or intangible, including currencies, interest rates, foreign currency and indices;\n(iv) evidences Indebtedness (whether incurred, assumed, guaranteed or secured by any asset) of any Target Entity having an outstanding principal amount in excess of $200,000;\n(v) involves the acquisition or disposition, directly or indirectly (by merger or otherwise), of assets with an aggregate value in excess of $200,000 (other than in the ordinary course of business consistent with past practice) or shares or other equity interests of any Target Entity or another Person;\n(vi) relates to any merger, consolidation or other business combination with any other Person or the acquisition or disposition of any other entity or its business or material assets or the sale of any Target Entity, its business or material assets;\n(vii) by its terms, individually or with all related Contracts, calls for aggregate payments or receipts by the Target Entities under such Contract or Contracts of at least $200,000 per year or $500,000 in the aggregate;\n(viii) is with any Top Company Customer or Top Company Supplier;\n(ix) obligates the Target Entities to provide continuing indemnification or a guarantee of obligations of a third party after the date hereof in excess of $200,000;\n(x) is between any Target Entity and any directors, officers or employees of a Target Entity (other than at-will employment arrangements with employees entered into in the ordinary course of business consistent with past practice), including all non-competition, severance and indemnification agreements, or any Company Related Person;\n(xi) obligates the Target Entities to make any capital commitment or expenditure in excess of $200,000 (including pursuant to any joint venture);\n(xii) relates to a material settlement entered into within three (3) years prior to the date of this Agreement or under which any Target Entity has outstanding obligations (other than customary confidentiality obligations);\n(xiii) provides another Person (other than another Target Entity or any manager, director or officer of any Target Entity) with a power of attorney;\n(xiv) relates to the development, ownership, licensing or use of any material Intellectual Property by, to or from any Target Entity, other than Off-the-Shelf Software;\n(xv) that will be required to be filed with the Proxy Statement under applicable SEC requirements or would otherwise be required to be filed by the Seller as an exhibit for a Form S-1 pursuant to Items 601(b)(1), (2), (4), (9) or (10) of Regulation S-K under the Securities Act as if the Seller was the registrant; or\n(xvi) is otherwise material to any Target Entity and outside of the ordinary course of business and not described in clauses (i) through (xv) above.\n(b) Except as disclosed in Schedule 4.12(b), with respect to each Company Material Contract: (i) such Company Material Contract is valid and binding and enforceable in all material respects against the Target Entity party thereto and, to the Knowledge of the Seller, each other party thereto, and is in full force and effect (except, in each case, as such enforcement may be limited by the Enforceability Exceptions); (ii) the consummation of the transactions contemplated by this Agreement will not affect the validity or enforceability of any Company Material Contract in any material respect; (iii) no Target Entity is in breach or default in any material respect, and no event has occurred that with the passage of time or giving of notice or both would constitute a material breach or default by any Target Entity, or permit termination or acceleration by the other party thereto, under such Company Material Contract; (iv) to the Knowledge of the Seller, no other party to such Company Material Contract is in breach or default in any material respect, and no event has occurred that with the passage of time or giving of notice or both would constitute such a material breach or default by such other party, or permit termination or acceleration by any Target Entity, under such Company Material Contract; (v) no Target Entity has received written notice of an intention by any party to any such Company Material Contract that provides for a continuing obligation by any party thereto to terminate such Company Material Contract or amend the terms thereof, other than modifications in the ordinary course of business that do not adversely affect any Target Entity in any material respect; and (vi) no Target Entity has waived any material rights under any such Company Material Contract.", "snippet_links": [{"key": "complete-list", "type": "clause", "offset": [52, 65]}, {"key": "the-company-has", "type": "definition", "offset": [74, 89]}, {"key": "available-to", "type": "definition", "offset": [95, 107]}, {"key": "the-purchaser", "type": 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"offset": [5522, 5534]}, {"key": "continuing-obligation", "type": "clause", "offset": [5593, 5614]}, {"key": "the-terms", "type": "definition", "offset": [5689, 5698]}, {"key": "adversely-affect", "type": "definition", "offset": [5780, 5796]}, {"key": "material-rights", "type": "definition", "offset": [5881, 5896]}], "hash": "cc6783821e838cb633461210bf6d855d", "id": 5}, {"size": 230, "samples": [{"hash": "d6tLRX22pMG", "uri": "/contracts/d6tLRX22pMG#material-contracts", "label": "Stock Purchase Agreement (Utz Brands, Inc.)", "score": 30.0280628204, "published": true}, {"hash": "fQ8mYvDM3Qe", "uri": "/contracts/fQ8mYvDM3Qe#material-contracts", "label": "Stock Purchase Agreement (Utz Brands, Inc.)", "score": 29.8637924194, "published": true}], "snippet": "(a) Schedule 3.10(a) sets forth a correct and complete list of the following types of Contracts to which any Company Entity is a party or under which any Company Entity has material continuing Liabilities (collectively, and together with the leases related to the Leased Real Property listed on Schedule 3.09(a), the \"Material Contracts\"):\n(i) collective bargaining agreement or any other Contract with a labor union or association representing any Business Employee;\n(ii) bonus, pension, profit sharing, retirement or other form of deferred compensation plan;\n(iii) equity purchase, option or equity-based plan;\n(iv) other than with respect to the Options, any employment, change of control, severance, consulting or restrictive covenant Contract with any current or former (A) officer, director or manager of any Company Entity, (B) any Business Employee (other than employment Contracts terminable at will without any further obligation of the Company Entities), or (C) individual independent contractor;\n(v) Contract as obligor or guarantor relating to Indebtedness;\n(vi) guaranty of any obligation for borrowed money;\n(vii) any Contract under which it is lessee of, or holds or operates, any personal property owned by any other party, in each case, for which the annual rental exceeds $150,000, or\n(viii) any Licenses-In and Licenses-Out;\n(ix) (A) distribution, sales representative, marketing or similar agreement relating to the distribution, marketing or advertising of any of the Products, and (B) any Contract between any Company Entity, on the one hand, and any manufacturers' agents, brokers or selling agents, on the other hand, pursuant to which any Company Entity makes commission payments, including the Broker Agreements;\n(x) any Contract that obligates any Company Entity or any of their Affiliates to conduct business on an exclusive or preferential basis or that contains a \"most favored nation\" or similar covenant with any Person;\n(xi) any partnership or joint venture Contract;\n(xii) any Contract relating to the acquisition or disposition of any material business (whether by merger, sale of stock, sale of assets or otherwise) pursuant to which any Company Entity has continuing obligations following the date hereof;\n(xiii) any Contract that limits, impedes, interferes with or restricts the ability of any Company Entity or any of their Affiliates to (A) compete with any Person in a product line or line of business, (B) operate in any geographic location, (C) engage in any line of business, or (D) solicit for employment, hire or employ any Person;\n(xiv) any Contract that contains an exclusivity, requirements, \"take or pay\" or similar provision binding on any Company Entity;\n(xv) any Contract with a Governmental Authority, other than customer Contracts or purchase or sale orders entered into in the ordinary course of business;\n(xvi) any Contracts between or among any Company Entity on the one hand and Seller or any Affiliate of Seller (other than any Company Entity) on the other hand;\n(xvii) any Contract that grants any right of first refusal, right of first offer or similar right with respect to any assets, rights or properties of any Company Entity;\n(xviii) any co-manufacturing Contract or supply Contract with a co-manufacturer;\n(xix) any Contract with a Material Customer, other than purchase orders entered into in the ordinary course of business;\n(xx) any Contract with a Material Supplier;\n(xxi) any professional employer organization Contract;\n(xxii) other than Contracts with Material Customers and Material Suppliers, any Contract for the purchase for the purchase of services or products providing for either (A) payments by the Company Entities of $1,000,000 or more in any calendar year; or (B) anticipated receipts by the Company Entities of $1,000,000 or more in any calendar year; and\n(xxiii) any Contract restricting in any material respect any Company Entity's use or ownership of any Company Intellectual Property Rights, any Contract resolving any dispute concerning Intellectual Property Rights, and any Contract adversely affecting any Company Entity's exclusive ownership of any Company-Owned Intellectual Property Rights, including coexistence agreements, consent agreements, settlement agreements, joint development agreements, covenants not to \u2587\u2587\u2587, co-branding agreements, co-marketing agreements, and assignments, other than Licenses-In and Licenses-Out.\n(b) The Company has made available to Purchasers a correct and complete copy of each Material Contract. Each Material Contract and other material Contract to which any Company Entity is a party is in full force and effect and is a legal, valid and binding obligation of the applicable Company Entity, enforceable in accordance with its respective terms against the applicable Company Entity and, to Seller's Knowledge, each other party to such Material Contract or other material Contact, except as enforceability may be limited by bankruptcy Laws, other similar Laws affecting creditors' rights and general principles of equity affecting the availability of specific performance and other equitable remedies. There is no existing material default or material breach by any Company Entity under any Material Contract or other material Contract to which any Company Entity is a party (or, to Seller's Knowledge, event or condition that, with or without notice or lapse of time or both, could constitute such a material default or material breach) and, to Seller's Knowledge, there is no such default or breach (or event or condition that, with or without notice or lapse of time or both, could constitute a default or breach) with respect to any other party to any Material Contract or other material Contract to which any Company Entity is a party. To Seller's Knowledge, there has not been any notice or threat to terminate any Material Contract or any other material Contract to which any Company Entity is a party. To Seller's Knowledge, no event has occurred which (with or without notice or lapse of time or both) permits any termination, modification or acceleration of payment, or requires any payment, under any Material Contract or any other material Contract to which any Company Entity is a party.\n(c) Schedule 3.10(c) sets forth a correct and complete list of each loan, application for assistance or stimulus payment that any Company Entity has received or for which any Company Entity has applied pursuant to the Paycheck Protection Program loan, Economic Stabilization Fund loan or other United States Small Business Administration loan relating to COVID-19 (collectively, the \"COVID-19 Assistance\"). All certifications, representations and indications made by or on behalf of such Company Entity to any Person, including any Governmental Authority, in connection with the COVID-19 Assistance were correct and complete in all respects when made and were prepared in compliance in all material respects with all applicable Laws.", "snippet_links": [{"key": "complete-list", "type": "clause", "offset": [46, 59]}, {"key": "types-of-contracts", "type": "clause", "offset": [77, 95]}, {"key": "a-party", "type": "clause", "offset": [127, 134]}, {"key": "continuing-liabilities", "type": "definition", "offset": [182, 204]}, {"key": "the-leases", "type": "definition", "offset": [238, 248]}, {"key": "related-to", "type": "definition", "offset": [249, 259]}, {"key": "leased-real-property", "type": "clause", "offset": [264, 284]}, {"key": "on-schedule", "type": "definition", "offset": [292, 303]}, {"key": "agreement-or", "type": "definition", "offset": [366, 378]}, {"key": "other-contract", "type": 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