Insiders. Except as set forth in Section 3.17 of the Disclosure Letter, there are no Contracts between any member of the MIC Group and any Insider or with any Person in which an Insider has an interest, other than Contracts of employment and employment-related agreements and covenants entered into in the ordinary course of the Business and the Employee IP Agreements. Except as set out in Section 3.17 of the Disclosure Letter, no member of the MIC Group has made any payment or loan to, or borrowed any money from or is otherwise indebted to, any Insider, except for payments made to Insiders who are directors, officers, employees or contractors of a member of the MIC Group in respect of bona fide services.
Appears in 2 contracts
Sources: Royalty Purchase Agreement (Medical Imaging Corp.), Royalty Purchase Agreement (Medical Imaging Corp.)