Common use of Material Contracts and Commitments Clause in Contracts

Material Contracts and Commitments. Attached hereto as Schedule ---------------------------------- 6.14 is an accurate list, as of the Balance Sheet Date, of all material contracts, commitments and similar agreements to which each of the COMPANIES is a party or by which it or any of their properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS have heretofore delivered to USFLORAL true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES has complied with all material commitments and obligations pertaining to it and is not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are not a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES on 30 days' notice without any liability to the COMPANIES which would have a Material Adverse Effect on the COMPANIES taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are not bound by or subject to (and none of their assets or properties are bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERS' knowledge, threatened labor dispute involving the COMPANIES and any group of their employees nor have the COMPANIES experienced any labor interruptions over the past three years and the COMPANIES consider their relationship with employees to be good.

Material Contracts and Commitments. Attached hereto as Schedule ---------------------------------- 6.14 is ---------------------------------- an accurate list, as of the Balance Sheet Date, of all material contracts, commitments and similar agreements to which each of the COMPANIES Company is a party or by which it the Company or any of their its properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS The Stockholders have heretofore delivered to USFLORAL USFloral true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES Company has complied with all material commitments and obligations pertaining to it it, and is not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are The Company is not a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES Company on 30 days' days notice without any liability to the COMPANIES Company which would have a Material Adverse Effect on the COMPANIES Company taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are Company is not bound by or subject to (and none of their respective assets or properties are is bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES Company are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S Stockholders' knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERSStockholders' knowledge, threatened labor dispute involving the COMPANIES Company and any group of their its employees nor have has the COMPANIES Company experienced any labor interruptions over the past three years and the COMPANIES consider their Company considers its relationship with employees to be good.

Material Contracts and Commitments. Attached hereto as Schedule 6.14 ---------------------------------- 6.14 is an accurate list, as of the Balance Sheet Date, list of all material contracts, commitments and similar agreements to which each of the COMPANIES is Companies are a party or by which it either Company or any of their respective properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS The Stockholders have heretofore delivered to USFLORAL USFloral true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES Company has complied with all material commitments and obligations pertaining to it them, respectively, and is not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are not No Company is a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES such Company on 30 days' days notice without any liability to the COMPANIES such Company which would have a Material Adverse Effect on the COMPANIES such Company taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are not no Company is bound by or subject to (and none of their respective assets or properties are is bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES either Company are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S Stockholders' knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERSStockholders' knowledge, threatened labor dispute involving the COMPANIES either Company and any group of their employees nor have the COMPANIES has either Company experienced any labor interruptions over the past three years and the COMPANIES consider their each Company considers its relationship with employees to be good.

Material Contracts and Commitments. Attached hereto as Schedule ---------------------------------- 6.14 is ---------------------------------- an accurate list, as of the Balance Sheet Date, of all material contracts, commitments and similar agreements to which each of the COMPANIES Company is a party or by which it or any of their its properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS Stockholders have heretofore delivered to USFLORAL USFloral true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES Company has complied with all material commitments and obligations pertaining to it and is not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are The Company is not a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES Company on 30 days' days notice without any liability to the COMPANIES Company which would have a Material Adverse Effect on the COMPANIES Company taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are Company is not bound by or subject to (and none of their its assets or properties are is bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES Company are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S Stockholders' knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERSStockholders' knowledge, threatened labor dispute involving the COMPANIES Company and any group of their employees nor have has the COMPANIES Company experienced any labor interruptions over the past three years and the COMPANIES consider their Company considers its relationship with employees to be good.

Material Contracts and Commitments. Attached hereto as Schedule 6.14 ---------------------------------- 6.14 is an accurate list, as of the Balance Sheet Date, of all material contracts, commitments and similar agreements to which each of the COMPANIES COMPANY is a party or by which it any of them or any of their respective properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS have heretofore delivered to USFLORAL true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES COMPANY has complied with all material commitments and obligations pertaining to it them, respectively, and is are not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are not No COMPANY is a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES COMPANY on 30 days' days notice without any liability to the COMPANIES such COMPANY which would have a Material Adverse Effect on the COMPANIES such COMPANY taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are not no COMPANY is bound by or subject to (and none of their respective assets or properties are is bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES any COMPANY are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S STOCKHOLDERS' knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERS' knowledge, threatened labor dispute involving the COMPANIES any COMPANY and any group of their employees nor have the COMPANIES has any COMPANY experienced any labor interruptions over the past three years and the COMPANIES consider their each COMPANY considers its relationship with employees to be good.

Material Contracts and Commitments. Attached hereto as Schedule ---------------------------------- 6.14 is an accurate list, as of the Balance Sheet Date, of all material contracts, commitments and similar agreements to which each of the COMPANIES COMPANY is a party or by which it or any of their its properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS have heretofore delivered to USFLORAL true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES COMPANY has complied with all material commitments and obligations pertaining to it and is not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are COMPANY is not a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES COMPANY on 30 days' notice without any liability to the COMPANIES COMPANY which would have a Material Adverse Effect on the COMPANIES COMPANY taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are COMPANY is not bound by or subject to (and none of their its assets or properties are is bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES COMPANY are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S STOCKHOLDERS' knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERS' knowledge, threatened labor dispute involving the COMPANIES COMPANY and any group of their its employees nor have has the COMPANIES COMPANY experienced any labor interruptions over the past three years and the COMPANIES consider their COMPANY considers its relationship with employees to be good.

Material Contracts and Commitments. Attached hereto as Schedule ---------------------------------- 6.14 is an accurate list, as of the Balance Sheet Datedate hereof, of all material contracts, commitments and similar agreements to which each of the COMPANIES Company is a party or by which it the Company or any of their its properties are bound (including, but not limited to, joint venture or partnership agreements, contracts with any labor organizations, loan agreements, indemnity or guaranty agreements, bonds, mortgages, options to purchase land, liens, pledges or other security agreements). STOCKHOLDERS have The Stockholder has heretofore delivered to USFLORAL USFloral true copies of such agreements. Except as set forth on Schedule 6.14, each of the COMPANIES Company has complied with all material commitments and obligations pertaining to it and is not in material default under any such agreement and no notice of default has been received. Except as set forth on Schedule 6.14, the COMPANIES are The Company is not a party to any contract, agreement or other instrument or commitment which cannot be terminated by the COMPANIES Company on 30 days' days notice without any liability to the COMPANIES Company which would have a Material Adverse Effect on the COMPANIES Company taken as a whole. Except as set forth on Schedule 6.14, the COMPANIES are Company is not bound by or subject to (and none of their its assets or properties are is bound by or subject to) any arrangement with any labor union. Except as set forth on Schedule 6.14, no employees of the COMPANIES Company are represented by any labor union or covered by any collective bargaining agreement nor, to the best of STOCKHOLDER'S Stockholder's knowledge, is any organization campaign to establish such representation in progress. There is no pending or, to the best of STOCKHOLDERS' Stockholder's knowledge, threatened labor dispute involving the COMPANIES Company and any group of their its employees nor have has the COMPANIES Company experienced any labor interruptions over the past three years and the COMPANIES consider their Company considers its relationship with employees to be good.