Common use of Restrictions on Business Activities Clause in Contracts

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 3 contracts

Samples: Agreement and Plan (Lsi Logic Corp), Agreement and Plan of Reorganization (Va Linux Systems Inc), Agreement and Plan of Reorganization (Cirrus Logic Inc)

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Restrictions on Business Activities. There is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably could be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology (including any Company Intellectual Property) or products to products, or from providing services to, customers or potential customers customers, or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Sirenza Microdevices Inc), Agreement and Plan of Merger (Avocent Corp)

Restrictions on Business Activities. There Except as set forth on Schedule 2.9, there is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably would be expected to have the effect of prohibiting or impairing any business practice (including, without limitations, the licensing of any product) of the Company, any acquisition of property (tangible or intangible) by the Company, Company or the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personCompany. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (New Era of Networks Inc), Agreement and Plan of Reorganization (New Era of Networks Inc)

Restrictions on Business Activities. There is no agreement (non-not to compete or otherwise), commitment, judgment, injunction, order or decree to which the Company Company, any Predecessor Entity or any Stockholder is a party relating to the Business or otherwise binding upon the Company or the Business which has or may reasonably be expected to have the effect of prohibiting or impairing the transactions contemplated by this Agreement, any business practice of the CompanyBusiness, any acquisition of property (tangible or intangible) by the Company, Business or the conduct of business by the Company or otherwise limiting the freedom Business. None of the Company to engage in Company, any line of business Stockholder or to compete with any person. Without limiting the generality of the foregoing, the Company Predecessor Entity has not entered into any agreement under which the operations of the Business are restricted or which places any restrictions upon the Company is restricted from selling, with respect to selling or licensing or otherwise distributing any of its technology or products to or providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 2 contracts

Samples: Secured Convertible Note Purchase Agreement (Digital Theater Systems Inc), Agreement and Plan of Merger (Digital Theater Systems Inc)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitmentContract, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has that has, or may reasonably be expected to have have, the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with or hire any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the any market.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Sumtotal Systems Inc)

Restrictions on Business Activities. There is no agreement Contract (non-compete competition or otherwise), commitment, judgment, injunction, order or decree Order to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, or restricts the conduct of business by the Company Company’s right or otherwise limiting the freedom of the Company ability to engage in any line of the Company’s current or currently proposed (as indicated on the Product Roadmap) business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing licensing, manufacturing or otherwise distributing any of its technology or products to or providing any products or services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market, or from hiring or soliciting potential employees, consultants or independent contractors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Q2 Holdings, Inc.)

Restrictions on Business Activities. There is no agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing licensing, manufacturing or otherwise distributing any of its technology Technology or products to Company Products or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Supergen Inc)

Restrictions on Business Activities. There The Managing Sellers state: To the Best of Managing Sellers’ Knowledge there is no agreement (non-compete or otherwise), commitment, ) or commitment or any judgment, injunction, order order, decree or decree to which the Company is a party or otherwise other action by any government entity binding upon the Company which has or may reasonably could be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition or disposition of property (tangible or intangible) by the Company, Company or the conduct of business the Company’s business. Except as specifically contemplated by the Company or otherwise limiting the freedom this Agreement, none of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company Sellers has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, to customers or potential customers or any class of customerscustomers of the Business, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Pinnacle Systems Inc

Restrictions on Business Activities. There is no agreement ----------------------------------- (non-compete noncompetition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Lantronix)

Restrictions on Business Activities. There is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company Company, which has or may reasonably be expected to have the effect of prohibiting or impairing any material business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise materially limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xicor Inc)

Restrictions on Business Activities. There is no agreement ----------------------------------- (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which Seller or the Company is a party or otherwise binding upon Seller or the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of Seller or the Company, any acquisition of property (tangible or intangible) by Seller or the Company, Company or the conduct of business by Seller or the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personCompany. Without limiting the generality of the foregoing, neither Seller nor the Company has not entered into any agreement under which either Seller or the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Share Acquisition Agreement (Concentric Network Corp)

Restrictions on Business Activities. There is no agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company Company, which has or may would reasonably be expected to have the effect of prohibiting or materially impairing any present material business practice of the Company, any material acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company in any material respect, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has is not entered into bound by any agreement under which the Company is restricted in any material respect from selling, licensing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blackbaud Inc)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, or the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Ondisplay Inc)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise)Contract, commitmentto the Company's knowledge, judgment, injunction, order or decree Legal Requirement to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any material business practice of the Company, any material acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company as currently conducted or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market, and the Company has not granted any "most favored party" terms in any Contract.

Appears in 1 contract

Samples: Purchase Agreement (Trustcash Holdings, Inc.)

Restrictions on Business Activities. There is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company Company, which has or may reasonably be expected to have the effect of materially prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company or its affiliates to engage in any line of business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Omeros Corp)

Restrictions on Business Activities. There Except as set forth ------------------------------------- on Exhibit 2.36, to the Company's knowledge, there is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, Company or the conduct of business as currently run by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personCompany. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic geographical area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Share (Anything Internet Corp)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Share Purchase Agreement (Simplex Solutions Inc)

Restrictions on Business Activities. There is no agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing in a material manner any business practice of the Company, any acquisition of property (tangible or intangible) Assets and Properties by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing licensing, manufacturing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spreadtrum Communications Inc)

Restrictions on Business Activities. There is no agreement ----------------------------------- (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan (Krooss John)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Coachmen Industries Inc)

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Restrictions on Business Activities. There is no agreement (non-non- ----------------------------------- compete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Lantronix Inc)

Restrictions on Business Activities. There is no Contract, agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing licensing, manufacturing or otherwise distributing any of its technology or products to or providing services to, any Company Products to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market, or from hiring or soliciting potential employees, consultants or independent contractors.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sensei Biotherapeutics, Inc.)

Restrictions on Business Activities. There is no agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may would reasonably be expected to have the effect of prohibiting or impairing in any material respect any business practice of the Company, any acquisition of property (tangible or intangible) Assets and Properties by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing licensing, manufacturing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Shanda Games LTD)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which the Company or the Stockholder is a party or otherwise binding upon the Company or the Stockholder which has or may reasonably be expected to have the effect of prohibiting or impairing in any material respect any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, Company or the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personCompany. Without limiting the generality of the foregoing, neither the Company nor the Stockholder has not entered into any agreement under pursuant to which the Company is is, or reasonably could be, restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Stock Purchase Agreement (Micrus Endovascular Corp)

Restrictions on Business Activities. There is no agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sybase Inc)

Restrictions on Business Activities. There is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably would be expected to have the effect of prohibiting or materially impairing any business practice (including, without limitation, the licensing of any product) material to the Company, any acquisition of property (tangible or intangible) by the Company, Company or the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personCompany. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Taleo Corp)

Restrictions on Business Activities. There is no agreement (non-compete noncompete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company Company, which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xicor Inc)

Restrictions on Business Activities. There is no agreement ----------------------------------- (non-compete noncompete or otherwise), contract, commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, Company or the conduct of business by the Company or otherwise limiting which has or may limit the freedom of the Company to engage in any line of business or to compete with any person, other than this Agreement and the Company Ancillary Agreements. Without limiting the generality of the foregoing, the The Company has not entered into any agreement under which the Company is restricted prohibited from selling, licensing or otherwise distributing any of its technology or products to or providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Usweb Corp)

Restrictions on Business Activities. There is no agreement (non-compete competition or otherwise), commitment, judgment, injunction, order or to decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its their respective technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (New Focus Inc)

Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitmentContract, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has that has, or may reasonably be expected to have have, the effect of prohibiting or impairing in any material respect any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the any market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lsi Corp)

Restrictions on Business Activities. There is no agreement (non-compete non- ----------------------------------- competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any the current business practice of the Company, any acquisition of property (tangible or intangible) by the Company, the conduct of business by the Company Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to or from providing services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Lantronix Inc)

Restrictions on Business Activities. There Except as set forth on Schedule 3.24, there is no agreement Contract (non-compete competition or otherwise), commitment, judgment, injunction, order or decree Order to which the Company is a party or otherwise binding upon the Company which has or may reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company, or restricts the conduct of business by the Company Company's right or otherwise limiting the freedom of the Company ability to engage in any line of the Company's current or currently Proposed business or to compete with any personPerson. Without limiting the generality of the foregoing, the Company has not entered into any agreement under which the Company is restricted from selling, licensing licensing, manufacturing or otherwise distributing any of its technology or products to or providing any products or services to, to customers or potential customers or any class of customers, in any geographic area, during any period of time time, or in any segment of the market, or from hiring or soliciting potential employees, consultants or independent contractors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Q2 Holdings, Inc.)

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