Common use of Proprietary Information of Third Parties Clause in Contracts

Proprietary Information of Third Parties. To the best of the ---------------------------------------- Company's knowledge, no third party has claimed that any person employed by or affiliated with the Company has (a) violated or may be violating any of the terms or conditions of his employment, non-competition or non-disclosure agreement with such third party, (b) disclosed or may be disclosing or utilized or may be utilizing any trade secret or proprietary information or documentation of such third party or (c) interfered or may be interfering in the employment relationship between such third party and any of its present or former employees. No third party has requested information from the Company which suggests that such a claim might be contemplated. To the best of the Company's knowledge, no person employed by or affiliated with the Company has employed or proposes to employ any trade secret or any information or documentation proprietary to any former employer, and to the best of the Company's knowledge, no person employed by or affiliated with the Company has violated any confidential relationship which such person may have had with any third party, in connection with the development, manufacture or sale of any product or proposed product or the development or sale of any service or proposed service of the Company, and the Company has no reason to believe there will be any such employment or violation. To the best of the Company's knowledge, none of the execution or delivery of this Agreement, or the carrying on of the business of the Company as officers, employees or agents by any officer, director or key employee of the Company, or the conduct or proposed conduct of the business of the Company, will conflict with or result in a breach of the terms, conditions or provisions of or constitute a default under any contract, covenant or instrument under which any such person is obligated.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Peritus Software Services Inc), Convertible Preferred Stock Purchase Agreement (Peritus Software Services Inc)

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Proprietary Information of Third Parties. To the best of the ---------------------------------------- Company's knowledge, no No third party has claimed or has reason to claim, that any person Person employed or retained by or affiliated with the Company has (a) violated or may be violating any of the terms or conditions of his an employment, non-competition or non-disclosure agreement with such third party, (b) disclosed or may be disclosing or utilized or may be utilizing any trade secret or proprietary information or documentation of such third party or (c) interfered or may be interfering in the employment relationship between such third party and any of its present or former employees. No third party has requested information from the Company which suggests that such a claim might be contemplated. To the best of the Company's knowledge’s Knowledge, no person Person employed by the Company or affiliated with an Affiliate of the Company has employed or proposes to employ any trade secret or any information or documentation proprietary to any former employer, employer and to the best of the Company's knowledge’s Knowledge, no person Person employed by the Company or affiliated with an Affiliate of the Company has violated any confidential relationship which such person Person may have had with any third party, party in connection with the development, manufacture or sale of any product or proposed product of the Company or the development or sale of any service or proposed service of the Company, and the Company has no reason to believe there will be any such employment or violation. To the best of the Company's knowledge’s Knowledge, none of neither the execution or delivery of this Agreement, Agreement or the carrying on any of the business of the Company as officersother Transaction Documents, employees or agents by any officer, director or key employee of the Company, or nor the conduct or proposed conduct of the business Company’s business, nor the participation of any of the Company’s officers, directors or employees in the conduct of the Company’s business, will conflict with or result in a breach of the terms, conditions or provisions of or constitute a default under any contract, covenant or instrument under which any such person Person is obligatedobligated to a third party.

Appears in 2 contracts

Samples: Series B Preferred Stock Purchase Agreement, Series B Preferred Stock Purchase Agreement (Heat Biologics, Inc.)

Proprietary Information of Third Parties. To the best ---------------------------------------- Knowledge of the ---------------------------------------- Company's knowledge, no third party has claimed or has reason to claim that any person Person employed by by, or affiliated with serving as an independent contractor of, the Company has (ai) violated or may be violating any of the terms or conditions of his or her employment, non-competition or non-disclosure agreement with such third party, (bii) disclosed or may be disclosing or utilized or may be utilizing any trade secret or proprietary information or documentation of such third party or (ciii) interfered or may be interfering in the employment relationship between such third party and any of its present or former employees. No third party has requested information from the Company which suggests that such a claim might be contemplated. To the best Knowledge of the Company's knowledge, no person employed by or affiliated with serving as an independent contractor of the Company has employed or proposes proposed to employ any trade secret or any information or documentation proprietary to any former employer, and to the best Knowledge of the Company's knowledge, no person employed by by, or affiliated with serving as an independent contractor of, the Company has violated any confidential relationship which such person may have had with any third party, in connection with the development, manufacture or sale of any proprietary software or other product or proposed product or for the development or sale of any service or proposed service of the Company, and the Company has no reason to believe that there will be any such employment or violation. To the best Knowledge of the Company's knowledge, none of neither the execution or nor delivery of this Agreement, Agreement or the carrying on of the business of the Company as officers, employees or agents by any officer, director or key employee of the Company, or the conduct or proposed conduct of the business of the Company, will conflict with or result in a the material breach of the terms, conditions or provisions of or constitute a default under any contractagreement, covenant or instrument under which any such person Person is obligated.

Appears in 1 contract

Samples: Depository Agreement (Vertel Corp)

Proprietary Information of Third Parties. To the best of the ---------------------------------------- Company's knowledge, no No third party has claimed provided any oral or written notice claiming or, to the Knowledge of the Company, has reason to claim that any person Person employed by or affiliated with the Company or HIP, LLC in connection with and during the operation of the Business of the Company has (ai) violated or may be violating any of the terms or conditions of his such Person's employment, non-competition or non-disclosure agreement with such third party, (bii) disclosed or may be disclosing or utilized or may be utilizing any trade secret or proprietary information or documentation of such third party party, or (ciii) interfered or may be interfering in the employment relationship between such third party and any of its present or former employees. No third party has requested information from the Company or HIP, LLC which suggests that relates to such a claim might be contemplatedclaim. To the best Knowledge of the Company's knowledge, no person Person employed by or affiliated with the Company or HIP, LLC in connection with and during the Company's or HIP, LLC's ownership and operation of its business has employed or proposes to employ any trade secret or any information or documentation proprietary to any former employer, employer and to the best of the Company's knowledge, no person Person employed by or affiliated with the Company in connection with and during the Company's or HIP, LLC's ownership and operation of its business has violated any confidential relationship which such person Person may have had with any third party, party in connection with the development, manufacture or sale of any product or proposed product or the development or sale of any service or proposed service of the Company or HIP, LLC, and, to the Knowledge of the Company, and the Company has there is no reason to believe there will be any such employment or violation. To the best of the Company's knowledge, none of the execution or delivery of this Agreement, or the carrying on of the business of the Company as officers, employees or agents by any officer, director or key employee of the Company, or the conduct or proposed conduct of the business of the Company, will conflict with or result in a breach of the terms, conditions or provisions of or constitute a default under any contract, covenant or instrument under which any such person is obligated.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Crdentia Corp)

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Proprietary Information of Third Parties. To the best of the ---------------------------------------- Company's knowledge, no third party has claimed or has reason to claim that any person employed by or affiliated with the Company has (a) violated or may be violating any of the terms or conditions of his employment, non-competition or non-disclosure nondisclosure agreement with such third party, (b) disclosed or may be disclosing or utilized or may be utilizing any trade secret or proprietary information or documentation of such third party or (c) interfered or may be interfering in the employment relationship between such third party and any of its present or former employees. No third party has requested information from the Company which suggests that such a claim might be contemplated. To the best of the Company's knowledge, no person employed by or affiliated with the Company has employed or proposes to employ any trade secret or any information or documentation proprietary to any former employer, and to the best of the Company's knowledge, no person employed by or affiliated with the Company has violated any confidential relationship which such person may have had with any third party, in connection with the development, manufacture or sale of any product or proposed product or the development or sale of any service or proposed service of the Company, and the Company has no reason to believe there will be any such employment or violation. To the best of the Company's knowledge, none of the execution or delivery of this Agreement, or the carrying on of the business of the Company as officers, employees or agents by any officer, director or key employee of the Company, or the conduct or proposed conduct of the business of the Company, will conflict with or result in a breach of the terms, conditions or provisions of or constitute a default under any contract, covenant or instrument under which any such person is obligated.

Appears in 1 contract

Samples: Stock Purchase Commitment Agreement (Aastrom Biosciences Inc)

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