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 33 contracts

Sources: Time Based Restricted Stock Unit Agreement (Timken Co), Deferred Share Equivalents Agreement (Timken Co), Deferred Shares Agreement (Timken Co)

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 5 contracts

Sources: Deferred Shares Agreement (Timken Co), Deferred Shares Agreement (Timken Co), Nonqualified Stock Option Agreement (Timken Co)