Common use of No Restrictions Clause in Contracts

No Restrictions. I affirm to the Company that I have no legal obligations that would prevent the Company from fully exploiting the Developments that I am obligated to transfer to the Company under this Agreement or prevent me from complying with my obligations under this Agreement, and that I have not taken and I will not take any action that will reduce the value of the rights transferred to the Company under this Agreement. 5.

Appears in 37 contracts

Samples: Shares Agreement (Timken Co), Shares Agreement (Timken Co), Nonqualified Stock Option Agreement (Timken Co)

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No Restrictions. I affirm to the Company that I have no legal obligations that would prevent the Company from fully exploiting the Developments that I am obligated to transfer to the Company under this Agreement or prevent me from complying with my obligations under this Agreement, and that I have not taken and I will not take any action that will reduce the value of the rights transferred to the Company under this Agreement. 5.

Appears in 1 contract

Samples: The Timken Company (Timken Co)

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