Common use of REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 2001 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 2001 Plan, to effect the 2001 Xxxxxxxxxxx xxxsuant to the 2001 Plan and (ii) is currently authorized to spend up to $6.8 Million on the 2001 Xxxxxxxxxxx xxxsuant to the 2001 Plan.

REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 2001 2000 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 2001 2000 Plan, to effect the 2001 2000 Xxxxxxxxxxx xxxsuant to the 2001 2000 Plan and (ii) is currently authorized to spend up to $6.8 5.0 Million on the 2001 2000 Xxxxxxxxxxx xxxsuant to the 2001 2000 Plan.

REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 2001 1998 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 2001 1998 Plan, to effect the 2001 0000 Xxxxxxxxxxx xxxsuant pursuant to the 2001 1998 Plan and (ii) is currently authorized to spend up to $6.8 2.5 Million on the 2001 0000 Xxxxxxxxxxx xxxsuant pursuant to the 2001 1998 Plan.

REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER. A. The Company hereby represents and warrants to the Shareholder that it (i) has duly authorized the 2001 1999 Plan and, subject to relevant market and other factors and conditions affecting the Company in the good faith judgment of its Board of Directors, the Company will make bona fide efforts, during the operation of the 2001 1999 Plan, to effect the 2001 0000 Xxxxxxxxxxx xxxsuant pursuant to the 2001 1999 Plan and (ii) is currently authorized to spend up to $6.8 5.0 Million on the 2001 0000 Xxxxxxxxxxx xxxsuant pursuant to the 2001 1999 Plan.