Common use of Ownership of Interested Persons; Affiliations Clause in Contracts

Ownership of Interested Persons; Affiliations. Neither the Stockholder nor his or her spouse, children or Affiliates, owns directly or indirectly, on an individual or joint basis, any interest in, has a compensation or other financial arrangement with, or serves as an officer or director of, any customer or supplier of the Company or any organization that has a material contract or arrangement with the Company.

Appears in 6 contracts

Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger (Universal Document MGMT Systems Inc)

AutoNDA by SimpleDocs

Ownership of Interested Persons; Affiliations. Neither the Stockholder nor his or her spouse, children or Affiliates, owns directly or indirectly, on an individual or joint basis, any interest in, has a compensation or other financial arrangement with, or serves as an officer or director of, any customer or supplier of the Company or any organization that has a material contract or arrangement with the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc)

AutoNDA by SimpleDocs

Ownership of Interested Persons; Affiliations. Neither the Stockholder nor his or her spouse, children or Affiliates, owns directly or indirectly, on an individual or joint basis, any interest in, has a compensation or other financial arrangement with, or serves as an officer or director of, any customer or supplier of the Company Target or any organization that has a material contract or arrangement with Target, except as a holder of less than 1% of the Companyoutstanding shares of any entity with securities listed on any national securities exchange or which have been registered under Section 12(g) of the Exchange Act.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fbo Air, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.