Material Relationships. Except for investments held by entities affiliated with ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or ▇▇▇▇▇▇▇▇, to the best of the Company's knowledge and belief, none of the officers, directors or key persons of the Company, or their respective spouses or relatives, owns directly or indirectly, individually or collectively, a material interest in any entity which is a competitor, customer or supplier of (or has any existing contractual relationship with) the Company. For purposes of this Section 2.24, there may be disregarded any purely passive economic interest which arises solely from the ownership of less than a 2% equity interest in any such entity.
Appears in 1 contract
Sources: Series C Preferred Stock Purchase Agreement (Scriptgen Pharmaceuticals Inc)
Material Relationships. Except for investments held by entities affiliated with ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or ▇▇▇▇▇▇▇▇, to the best of the Company's knowledge and belief, none of the officers, directors or key persons of the Company, or their respective spouses spouses, or relatives, owns directly or indirectly, individually or collectively, a material interest in any entity which is a competitor, customer or supplier of (or has any existing contractual relationship with) the Company. For purposes of this Section 2.24, there may be disregarded any purely passive economic interest which arises solely from the ownership of less than a 2% equity interest in any such entity.
Appears in 1 contract
Sources: Series B Preferred Stock Purchase Agreement (Scriptgen Pharmaceuticals Inc)
Material Relationships. Except for investments held by entities affiliated with ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, to the best of the Company's knowledge and belief, none of the officers, directors or key persons of the Company, or their respective spouses or relatives, owns directly or indirectly, individually or collectively, a material interest in any entity which is a competitor, customer or supplier of (or has any existing contractual relationship with) the Company. For purposes of this Section 2.242.23, there may be disregarded any purely passive economic interest which arises solely from the ownership of less than a 2% equity interest in any such entity.
Appears in 1 contract
Sources: Subsequent Purchase Agreement (Scriptgen Pharmaceuticals Inc)