Common use of Insider Interests Clause in Contracts

Insider Interests. No director or officer of the Company and, to the Knowledge of the Company, no Stockholder, employee or consultant of the Company has any interest (other than as a Stockholder of the Company) (a) in any property or assets currently used in the business of the Company, or (b) in any Contract to which the Company is a party or by which it is bound. The Company, the directors and officers of the Company and, to the Knowledge of the Company, the Stockholders, employees and consultants of the Company, have no interest, either directly or indirectly, in any Person (whether as an employee, officer, director, manager, partner, stockholder, member, agent, independent contractor, security holder, creditor, consultant or otherwise), other than ownership of capital stock comprising less than 1% of any publicly held company, that presently (i) provides any services, produces and/or sells any products or product lines, or engages in any activity that is competitive with any activity or business in which the Company is now engaged, (ii) is a supplier, customer or creditor of the Company, or (iii) has any direct or indirect interest in any asset or property that is necessary for the conduct of the Company’s business as currently conducted.

Appears in 4 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger, Agreement and Plan of Merger (Zillow Inc)

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