Common use of Transactions with Affiliated Parties Clause in Contracts

Transactions with Affiliated Parties. There are no transactions currently engaged in between the Company and any party affiliated with the Company (other than transactions inherent in the normal capacities of shareholders, officers, directors, or employees). Except for the ownership of non-controlling interests in securities of corporations the shares of which are publicly traded, no party affiliated with the Company has any investment or ownership interest, directly, indirectly, or beneficially, in any competitor or potential competitor, major supplier, or customer of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Jvweb Inc), Stock Purchase Agreement (Jvweb Inc)

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Transactions with Affiliated Parties. There Except for a certain license of proprietary information pursuant to a written agreement, there are no transactions currently engaged in between the Company and any party affiliated with the Company (other than transactions inherent in the normal capacities of shareholders, officers, directors, or employees). Except for the ownership of non-controlling interests in securities of corporations the shares of which are publicly traded, no party affiliated with the Company has any investment or ownership interest, directly, indirectly, or beneficially, in any competitor or potential competitor, major supplier, or customer of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Jvweb Inc), Stock Purchase Agreement (Jvweb Inc)

Transactions with Affiliated Parties. There Except for a certain services agreement, there are no transactions currently engaged in between the Company and any party affiliated with the Company (other than transactions inherent in the normal capacities of shareholders, officers, directors, or employees). Except for the ownership of non-controlling interests in securities of corporations the shares of which are publicly traded, no party affiliated with the Company has any investment or ownership interest, directly, indirectly, or beneficially, in any competitor or potential competitor, major supplier, or customer of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jvweb Inc)

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Transactions with Affiliated Parties. There are no transactions currently engaged in between the Company and any party affiliated with the Company (other than transactions inherent in the normal capacities of shareholdersstockholders, officers, directors, or employees). Except for the ownership of non-controlling interests in securities of corporations the shares of which are publicly traded, no party affiliated with the Company has any investment or ownership interest, directly, indirectly, or beneficially, in any competitor or potential competitor, major supplier, or customer of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Silverhill Management Services Inc)

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