Common use of Competing Interests Clause in Contracts

Competing Interests. None of the Majority Shareholder, the Company, nor, to the Company's knowledge, any director or officer of the Company owns, directly or indirectly, an interest in any entity that is a competitor, customer or supplier of the Company or that otherwise has material business dealings with the Company, provided that the foregoing will not apply to any investment in publicly traded securities constituting less than 1% of the outstanding securities in such class.

Competing Interests. None Except for investment in publicly-held entities (which investment does not exceed 5% of the Majority issued and outstanding equity capital of such entities), neither the Principal Shareholder, the Company, nor, nor to the Company's knowledgeKnowledge, any director or officer immediate family member of the Company Principal Shareholder (a) owns, directly or indirectly, an interest in any entity Person that is a competitor, customer customer, or supplier of the Company or that otherwise has material business dealings with the CompanyCompany or (b) is a party to, provided that or otherwise has any direct or indirect interest opposed to the foregoing will not apply to Company under, any investment in publicly traded securities constituting less than 1% of the outstanding securities in such classMaterial Agreement or other business relationship or arrangement.

Competing Interests. None Neither the Shareholder, nor or any immediate family member of any of the Majority Shareholder, the Company, nor, to the Company's knowledge, any director or officer of the Company foregoing (i) owns, directly or indirectly, an interest in any entity that is a competitor, customer or supplier of the Company or that otherwise has material business dealings with the Company or (ii) is a party to, or otherwise has any direct or indirect interest opposed to the Company under, any agreement or other business relationship or arrangement material to the Company, provided that the foregoing will not apply to any investment in publicly traded securities constituting less than 1% Three Percent (3%) of the outstanding securities in such class.

Competing Interests. None Neither the Shareholder, nor or any immediate family member of any of the Majority Shareholder, the Company, nor, to the Company's knowledge, any director or officer of the Company foregoing (i) owns, directly or indirectly, an interest in any entity that is a competitor, customer or supplier of the Company or that otherwise has material business dealings with the Company or (ii) is a party to, or otherwise has any direct or indirect interest opposed to the Company under, any agreement or other business relationship or arrangement material to the Company, provided that the foregoing will not apply to any investment in publicly traded securities constituting less than 1% three percent (3%) of the outstanding securities in such class.

Competing Interests. None of the Majority ShareholderStockholders, the Company, nor, to the Company's knowledge, nor any director or officer of the Company owns, directly or indirectly, an interest in any entity that is a competitor, customer or supplier of the Company or that otherwise has material business dealings with the Company, provided that the foregoing will not apply to any investment in publicly traded securities constituting less than 1% of the outstanding securities in such class.