Common use of OTHER ACTIVITIES OF CONSULTANT Clause in Contracts

OTHER ACTIVITIES OF CONSULTANT. The Company recognizes that the Consultant now renders and may continue to render financial consulting and other investment banking services to other companies, which may or may not conduct business and activities similar to those of the Company. The Consultant shall not be required to devote its full time and attention to the performance of its duties under this Agreement, but shall devote only so much of its time and attention as it deems reasonable or necessary for such purposes. The Consultant shall give written notice to the Company upon acceptance of any investment banking agreement with other companies in similar industries and businesses. The Consultant agrees to maintain as confidential any information it procures in rendering consulting services hereunder regarding the Company that is not generally known to the public, and agrees to not transmit any of such information to: (i) any employees of Consultant engaged in the trading of the Company's securities; or (ii) any competitors of the Company for whom Consultant performs consulting services. Consultant agrees that for so long as it provides services under this Agreement or owns warrants or common stock of the Company either directly or through affiliates, that neither Consultant nor its affiliates will sell short any of the Company's securities, except to maintain and orderly market as a market maker.

Appears in 4 contracts

Samples: Investment Banking Agreement (Universal Automotive Industries Inc /De/), Investment Banking Agreement (Universal Automotive Industries Inc /De/), Investment Banking Agreement (Universal Automotive Industries Inc /De/)

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OTHER ACTIVITIES OF CONSULTANT. The Company recognizes that the Consultant now renders and may continue to render financial consulting and other investment banking services to other companies, which may or may not conduct business and activities similar to those of the Company. The Consultant shall not be required to devote its full time and attention to the performance of its duties under this Agreement, but shall devote only so much of its time and attention as it deems reasonable or necessary for such purposes. The Consultant shall give written notice to the Company upon acceptance of any investment banking agreement with other companies in similar industries and businesses. The Consultant agrees to maintain as confidential any information it procures in rendering consulting services hereunder regarding the Company that is not generally known to the public, and agrees to not transmit any of such information to: (ii.) any employees of Consultant engaged in the trading of the Company's securities; or (ii) any competitors of the Company for whom Consultant performs consulting services. Consultant agrees that for so long as it provides services under this Agreement or owns warrants or common stock of the Company either directly or through affiliates, that neither Consultant nor its affiliates will sell short any of the Company's securities, except to maintain and orderly market as a market maker.

Appears in 1 contract

Samples: Investment Banking Agreement (Universal Automotive Industries Inc /De/)

OTHER ACTIVITIES OF CONSULTANT. The Company recognizes that the Consultant now renders rendered and may continue to render financial consulting and other investment banking services to other companies, which may or may not conduct business and activities similar to those of the Company. The Consultant shall not conduct business and activities similar to those of the Company. The Consultant shall not be required to devote its full time and attention to the performance of its duties under this Agreement, but shall devote only so much of its time and attention as it deems reasonable or necessary for such purposes. The Consultant shall give written notice to the Company upon acceptance of any investment banking agreement with other companies in similar industries and businesses. The Consultant agrees to maintain as confidential any information it procures in rendering consulting services hereunder regarding the Company that is not generally known to the public, and agrees to not transmit any of such information to: (i) any employees of Consultant engaged in the trading of the Company's securities; or (ii) any competitors of the Company for whom Consultant performs consulting services. Consultant agrees that for so long as it provides services under this Agreement or owns warrants or common stock of the Company either directly or through affiliates, that neither Consultant nor its affiliates will sell short any of the Company's Company securities, except to maintain and an orderly market as a market makerMarket Maker.

Appears in 1 contract

Samples: Investment Banking Agreement (Universal Automotive Industries Inc /De/)

OTHER ACTIVITIES OF CONSULTANT. The Company recognizes that the Consultant now renders and may continue to render financial consulting and other investment banking services to other companies, which may or may not conduct business and activities similar to those of the Company. The Consultant shall not be required to devote its full time and attention to the performance of its duties under this Agreement, but shall devote only so much of its time and attention as it deems reasonable or necessary for such purposes. The Consultant shall give written notice to the Company upon acceptance of any investment banking agreement with other companies in similar industries and businesses. The Consultant agrees to maintain as confidential any information it procures in rendering consulting services hereunder regarding the Company that is not generally known to the public, and agrees to not transmit any of such information to: (ii.) any employees of Consultant engaged in the trading of the Company's securities; or (ii) any competitors of the Company for whom Consultant performs consulting services. Consultant agrees that for so long as it provides services under this Agreement or owns warrants or common stock of the Company either directly or through affiliates, that neither Consultant nor its affiliates will sell short any of the Company's securities, except to maintain and orderly market as a market maker.

Appears in 1 contract

Samples: Investment Banking Agreement (Cytrx Corp)

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OTHER ACTIVITIES OF CONSULTANT. The Company recognizes that the Consultant now renders rendered and may continue to render financial consulting and other investment banking services to other companies, which may or may not conduct business and activities similar to those of the Company. The Consultant shall not conduct business and activities similar to those of the Company. The Consultant shall not be required to devote its full time and attention to the performance of its duties under this Agreement, but shall devote only so much of its time and attention as it deems reasonable or necessary for such purposes. The Consultant shall give written notice to the Company upon acceptance of any investment banking agreement with other companies in similar industries and businesses. The Consultant agrees to maintain as confidential any information it procures in rendering consulting services hereunder regarding the Company that is not generally known to the public, and agrees to not transmit any of such information to: (i) any employees of Consultant engaged in the trading of the Company's securities; or (ii) any competitors of the Company for whom Consultant performs consulting services. Consultant agrees that for so long as it provides services under this Agreement or owns warrants or common stock of the Company either directly or through affiliates, that neither Consultant nor its affiliates will sell short any of the Company's Company securities, except to maintain and an orderly market as a market maker.

Appears in 1 contract

Samples: Investment Banking Agreement (Universal Automotive Industries Inc /De/)

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