Common use of Software and Technology Clause in Contracts

Software and Technology. (i) Schedule 4.2(k)(i) of the Disclosure Letter contains a complete list of software (excluding off-the-shelf software) owned by, licensed to or used by Corporation. To the knowledge of the Silanis Companies, such software does not contain any undisclosed program routine, device or other feature, including viruses, worms, bugs, time locks, Trojan horses or back doors, in each case that is designed to delete, disable, deactivate, interfere with or otherwise harm such software, and any virus or other intentionally created, undocumented contaminant that may, or may be used to, access, modify, delete, damage or disable any hardware, system or data. Corporation is complying and has at all times complied with the terms of use or other license terms of any software (including off-the-shelf software). (ii) Schedule 4.2(k)(ii) sets forth all Public Software used by Corporation in its business or included in, or on which is based, any software or product of Corporation, together with the manner of such use or the identification of such software or product and the license under which such Public Software is used by Corporation.

Appears in 2 contracts

Sources: Arrangement Agreement, Arrangement Agreement (Vasco Data Security International Inc)